Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-07-23
Six Acres Picked Up As a Site For a
Big Manufacturing Concern.
NINETY THOUSAND THE PRICE,
Over One Hundred Thousand to Be tx
pended In Necessary Buildings.
POINTS IN FINANCE AND SPECULATION

for which there is an unlimited market.
There is a lease on the property and the
date for beginning improvements Will De
governed by the time consumed in getting
absolute possession, but as little difficulty IN
this respect is apprehended, it is safe to say
that the necessary buildings will be COM
pleted and the works in operation within a
year. The buildings will cost from Sl0O,OOO
to $50, 600 which added to the cost of the
ground, $4,000, will make the completed
plant cost $500, 600 or more. 1t will give en-
ployment to 400 or 500 men.
Enterprises of this kind, or of any kind,
possess peculiar significance at this time,
when the city is just beginning to rally from
a long period of comparative. depression.
They show that businessmen have conf1-
dence in the future, and are not afraid to
back their opinion with their money.
Business News and Gossip.
A stock company is being formed for the
purpose of building a summer hotel at
Glenmawr Park, Haysville.
Twenty-three acres, short distance back
of Williamsburg, owned by w. Fl. Devore, are
in fair way to change ownership.
Pennsylvania Water Company stock was
offered yesterday at 35. This is wilkins
burg corporation. The pumping station is
at Wildwood, on the Allegheny.
At the last call yesterday Birmingham
Traction was offered at 2014, and Manchester
at $50.
The Pennsylvania Railroad is receiving
from one firm of builders alone 500 new cars.
The prospective car famine isn't all poetry.
Every Western railroad man talks about it
and believes in it.
Oliver Bros Thirteenth street mill is
being thoroughly overhauled and new en-
gine and other machinery put in. 1t will
start up August3. 8.
The Savings Fund Building and Loan As
sociation will begin business next Saturday
in Smiths Hail. Center avenue, East End.
d. o. Shaner is President, and Henry +.
are all well known and responsible citizens.
These gentlemen have already successfully
carried through three similar organizations.
J. L. Hoffman and c. C. S. Baldridge have
estate office at Williamsburg. Both of these
gentlemen are well equipped for the busl-
ness in which they have engaged, having
large experience and extensive acqualnt-
ance. They are all right.
1t is not generally known that Andrew
Carnegie was at one time a successful oil
producer. In the sixties he, in connection
with Thomas A Scott and j. Edgar Thom-
son, bought the Storey farm on Oil Creek for
$4,000, which yielded in one year more than
81, COO, eco in profits.
Henry NJ Long sold 200 shares of Pennsyl-
vania railroad stock at 5O19, and 20 shares of
Ohio Valley Gas at 20.
The Braddock and Turtle Creek street
railway will increase its capital stock from
500, COO to $l50,0C0. The increase is to be used
to extend the road to Turtle Creek and
Heating.
The weather in the West continues per-
feet for crops. The spring wheat prospects
are as fine as the winter and corn is rapidly
catching up.
London was stronger Yesterday on state
ment that the Montevideo branch of the
Bank of La Plata was solvent, and would
pay all liabilities
John D. Bailey yesterday sold IS Citizens
National Bank at IS and 20 Mechanics Ma
tional Bank at 1l2.
The Building Record.
Permits for the erection of the following
buildings were issued yesterday:
W. W. Smith, frame addition one-story
kitchen, 15x2O feet, on Boggs avenue, Thirty
second ward. Cost, $3.50.
James Nesblt, frame two-story dwelling,
1sx32 feet, on Clarissa street, Thirteenth
ward. Cost, $1,000.
E. L. Graner, frame two-story dwelling,
13x2s feet, on Joels Lane, Thirty second
ward. Cost, 5000.
Joseph Doncaster, frame one-story dwell
ing, 1lx22 feet, Railroad avenue, Thirty-sec-
ond ward. Cost, $50.
Mrs. Adam Wilbert, frame addition one
story business house. 3lx85 feet, on Southern
George W. Moore, frame two-story
20x46 feet, on Hayes street, Nine
teenth ward. Cost, 5000.
Phillip Fire and Hugo Leitholf, two frame
two-story dwellings, 17x34 feet, on Boggs
avenue, Thirty second ward. Cost, So, $50.
David Jones. frame additione one-story
store, 14xl6 feet, on Second avenue, Twenty
third ward. Cost, $3.50.
William GRANGE, frame two-story dwelling,
17.6x34 feet. on Taylor street, Sixteenth
ward. Cost, 81, SEQ.
Henry Laughlin, three brick tyo-story
Il ,oI1, QvEn faaA
ward. Cost, $4,000 for all.
John H. Prugh, frame addition two-story
dwelling, l2xl2 feet 2O2 Coltart square, Four
teenth ward. Cost, $500.
George Geyer, two frame twostory dwell
ing, 32x3S feet on Carey alley, Twenty
fourth ward. Cost, 81, 800.
Movements in Realty.
Hoffman & Baldridge, Williamsburg, sold
new and modern frame house of eight rooms
and finished attic, with lot 50x122 feet to an
alley, for 5000 cash.
W. c. Beringer & Co. sold for Messrs.
& Renowsky to Simon Mathies,
the brick dwelling No. 4s4 Fifth avenue for
s., 900.
Ira NJ Burchf1eld sold to NJ L. jenkins a
lot 70xl00 on Genesta street, HaZelwood, for
B, 800. The purchaser will build at once;
also lot on Warnet street, Hazelwood, to
Samuel J. Hodge, for $3.50 cash.
A. q. Byers & Co. sold for Mrs. n. J. Will
son to Mrs. Margaret GitturS, six and half
acres of ground, with frame house and barn,
near Stoop's Ferry, Moon township, Alle-
yheny county for 81, 500 cash.
George Schmidt sold a five-room house on
Lookout avenue, being on lot No. l73 in his |
Eureka place plan, Oakland, to John Har-
ner, for s., ,000 This is the third house in
this plan sold by him this week.
Black & Baird sold a two-story frame |
dwelling, No 29l0 Penn avenue, with lot l21a |
xllO feet to an alley. to Fred Anderson for
William j. Sterritt, s., 900 cash.
Charles Somers & Co. report the following |
Gray, Warra, Pa, lot No, IA, block ID, $780, |
city, lot No. l3, block l3, $500: q. p. Torons, |
Pa, lot No. 10, block l3, $4OO: Charles |
Bossert, Homestead, Pa, lot No. Is, block IL, |
$3.50; George Hope, Wylie avenue and Kirk |
patrick street city, lots Nos. So, SO, go and 81,
block Il, 81 $50 for all; Joseph Nicoll, Wall, |
Pa, lot No. l5, block 13 $3.50; W. f. Arm |
strong, Mckees Rocks, Pa lot No. IL, block |
g, $500; Henry Wotton No 402 Larimer ave-
hue, East End, city, lot No II, block l3, S4OO; |
Alice S. Chambers, Blair Station, Pa lots |
Nos. 20 and 81, block Is, $3.50 and $40O: Peter |
Aersteins No. 3s4 Webster avenue city, lot |
No. 2s, block IL, $500, George W. Roberts, |
Elizabeth, Pa, lots Nos. IL and II. block 10,
400 each; G. B. Hough Somerset, Pa, lot No.
., block IL, $780,
John K Ewing & Co. sold for $3.50 two lots,
0xl00 each, on Sheridan avenue, for F. G.
to j. S. Hoft, being lots in Rohr-
taste subdivision, Tenth ward, Allegheny.
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