Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-10-02
A HELP TO BUSINESS.
Encouragement Plays a Big Part in
Making Things Move Along.
MORE GOOD FEATURES THAN BAD
To Spread Before the Public as Incentives
to Greater Diligence.
DEALS THAT WILL HAVE A GOOD EFFECT

Encouragement is always welcome. Dur.
! ing the war, in camp and on the march, a
favorite song with the soldiers was, "Cheer
Up, Comrades. 1t had good effect. 1t
! is the same with business Good words,
bright words, words that ring with victory,
worE wonders. People who seek out and
magnify the bad things and ignore the good
are public enemies. Pittsburg is not suffer
ing for stimulation of this kind, but little
of it now and then will do good.
This makes it pertinent to say that a deal
in real estate involving about $l6OO,0O0 will
be closed within the next two or three
weeks, and also that one OF about 800, COO was
practically closed yesterday. Particulars
will follow in due time.
Rising in Favor.
stone houses have become popular in
Pittsburg. Where one stone residence was
seen four or five years ago they can now be
counted by the score. In some parts of the
East End brick is the exception in f1rst-class
dwellings. While the cost of stone is not
much in excess of the best quality of brick
work, the general architectural effect of a
stone house is far richer and more attrac-
tive than one of any other material.
Stone houses have for years been In high
favor in New York. Boston, Chicago and st.
Louis and now that they have "caught on"
in Pittsburg, it is expected that the out
skirts will i'll q few years be full OF them.
What Brokers Say.
In regard to the condition of the real es-
tate market several prominent brokers were
interviewed yesterday, with the following
result: Business is in good shape and
steadily improving. There is good inquiry
for all kinds of property and sales are re-
fol 10 in ,l,a,. nd 10 n
indication of waning interest The out
look is excellent. Property is higher than
it was year ago, but the city contains more
people and more business. The enhance
ment is legitimate. 1t is as much in favor of
the buyer as of the seller.
Small houses are scarce, but those of a
high class are rather slow. The lot market
is very active. and there is a good inquiry
for acreage. There are not enough business
houses to go round.
An East End Deal.
twas learned yesterday that residence
property, consisting of two brick dwellings
and lot 4sxl6O, situated on new Negley ave-
nue., East End, had changed ownership,
through the agency of Black & Baird, for
$l4, 900. The name OF the purchaser could
not be ascertained.
Business News and Gossip
The Wall street boom yesterday turned a
boomerang.
The discovery of new gas territory comes
very oppcrtunely at the beginning of winter.
Rea Bros. & Co. have strong hopes of re-
suming business in short time.
Prices of anthracite coal will be advanced
this month.
Bond experts say that they do not look for
any decided Improvement in prices of bonds
until money becomes decidedly cheaper, q
remote possibility.
The Philadelphia Traction Company will
soon issue 90. 900 shares of new stock at $40
per share, the proceeds to be used in paying
for needed extensions and improvements.
National Lead Trust certificates are being
turned in rapidly for exchange into certid-
Gates of deposit, the latter being now ready
for delivery.
The American Bankers Association will
meet at New Orleans November land 12
John D: Bailey sold at auction yesterday
2l0 shares of Standard Plate Glass at 20 and
100 at IS. 1t had been held as collateral
The Farmers Deposit National Bank has
declared a dividend of per cent, Central
1k and First National, Pittsburg, 2-all
quarterly.
Two applications for membership in the
Wilson was admitted, and +. A. Pollock and
L. A. Lyman retired.
Upward of $3.50 600 gold was received in
New York from Europe Wednesday night.
September II is 81, 100, 600, and $5,OCOOGO more
is on the way.
The firm of Marshall, kennedy g. Co..
limited. has been dissolved by mutual con.
sent.
The Fidelity Title and Trust Company will
pay interest this month on a number of local
bonds.
The only bullish talk yesterday was in re-
gard to the fractions. They are steadily
rising in favor.
Movements in Realty.
Samuel w. Black & Co. sold lot No. 10 in
the Fulton Place plan, on Craig street.
Fourteenth ward, size 50Xl42 to an alley, for
q price approximnting s4, ,000
Black & Baird sold to E. S. Wilkins lot No
II, in the Simon plan, on the east side of
Dallas avenue, size 55x45 feet, for $3.50 cash.
A. J. Pentecost sold for the Patrick Nc
Govern estate, at Braddock, a lot 42% on
Second street, running back 90 feet to q To-
foot alley, with q small two-story frame
dwelling, for s., ,000
Baltensperger & Williams sold for B ].
Williams, of the firm, new frame dwelling
of six rooms, hall, ETC., with lot 24xlOO situ-
ate on Belonda street. Mt. Washington, for
50 900.
Morris 6 A:sbitt report the snle of hand
some residence and lot at Grafton to John
Hare, Esq, of Allegheny for D. L. Williams,
Esq, now resident OF Bessemer, Ala. The
sale was cash and the price is reserved
A. z. Byers & Co. report a sale for the
Ridgeview Land Company to r. Robinson in
their plan, Eleventh ward, Allegheny City,
lou NO. 81, fronting % 1ecC on IaVlS avenue
and extending through to Alaska street l24
feet, for $4G0.
Baxter, Thompson & Co. sold lot No. 81,
Ruch Place plan, corner Reed and Kirkpat-
rich streets, 23x1l0, for $50 Also lot 5l9,
Butler place plan, 20xl00, on View street,
Eighteenth ward, for $500.
John X. Ewing & Co. sold for Charles
Price to Christ Eisenberg a vacant lot, 5Ox65,
on Miiroy avenue, Twelfth ward, Allegheny,
for $40.
S. A. Dicllie & Co. sold for NJ. Faber to J.
W. Moore, Il lot on Frankstown avenue,
Brushton, 50xl50 feet, for 81, go.
The Building Record.
Six permits we're issued yesterday for the
same number of improvements, the cost of
all being estimated at S., 455.
Elizabeth c. Sarobertb frame two-story store
and dwelling on Kincaid street, Nineteenth ward;
cost, g. 600. Michael Freedman. frame kitchen on
Williams street, Sixteenth ward; cost, $500. S. A.
Dckie br ok addition two-story dwelling on Marc
hand street Twentieth ward; cost, 81, 800. j. L.
Sheppard, frame stable Main street. Seventeenth
ward; cost, saa. Thirty-third street z. Church,
frame addition one-story church; cost 81 900.
6 raft Bros, frame one-story shop on Penn avenue
Nineteenth ward: cost, Si40.
HOME MONEY.