Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-09-10
A Contractor Planning Large Number of
ZONES for the People.
FIFTH AVENUE PRICES EXALTED

| story iron front and the lot 24x240 to Vlr-
gin alley. Intending buyers should moi
let the grass grow under their feet.
Joseph z. Wainwright has transferred tt
| E. 2. Wainwright a business property or
| Federal street, Allegheny, near Lacock, fol
$4,000 The lot is Asx1o0. The building Is
| a three-story brick used as restaurant The
| price being close to So, 900 a foot front, Is
probably the highest ever realized on the
| Northside.
|
Mr. A. Y Lee, the civil engineer. is making
| a large map of the Mcdonald oil field for the
use of the trade He thinks this is the best
oil territory in the country, and predicts ex'
citing times as development progresses.
Mr. T. R. johnson is having plans prepared
by Architect J. W. Offerman for a fine stone
| residence on Ellsworth avenue, near Graham
street 1t will be in the Colonial style, which
is coming into favor again. The porch col
umns will be of red granite. The cost OF the
building will be about $l20,000. Joseph Paul
has let contracts to E. j. Schultz for four
handsome dwellings in Mansfield, to be COM
pleted this year.
There are 80 600 people in Pittsburg who
carry stock in building and loan associa-
tions and whose monthly payments amount
to not less than $500 0OO Pittsburg is being
built up by the small savings of its work
men.
A large property owner, in conversation
yesterday, said he could see no warrant for
the statement that the number of office
buildings in the city exceeded the demand.
Some of them are not fully occupied, but it
is necessary to have surplus to serve new
ventures and accommodate outsiders. Four
large buildings of this kind are on the slate
for next year.
Business News and Gossip.
j. c. Allies, the well-known real estate
agent, has gone into the same business in
Chicago.
Baxter, Thompson & Co. yesterday sold
seven lots in Ruch Place. at prices ranging
from $500 to $3.50.
There is talk of building a large summer
hotel at Castle Shannon.
Casting copper stands at 11@1115c as to
brand with merely limited trade passing.
The London market is somewhat higher at
f52 l5s spot, E53 5s future for merchant
bars.
James S. Wilson is finishing q row of six
houses in the upper part of Williamsburg.
A leading iron manufacturer said yester-
day he had orders enough to keep his mill
running full all winter He thinks there
will be a big demand next year for railroad
equipments.
At the last call yesterday 1s was bid for
Some of the most observing brokers think
the present apathy will soon disappear and
activity set in. People are getting tired of
idle money.
London prices were slightly lower yester-
day. New York made fractional gains.
Railroad earnings: Philadelphia and Erie,
Kansas and Texas, month August, increase,
s., ,0S0; Atchison system and St. Louis and San
Francisco, fourth week August, crease, $685.
534: month August, increase, 1891, ,S9S.
he rafu GA nf 11ar for
Fifth avenue property shows that the own
ers have confidence in the future of the city,
and especially in real estate as an invest
ment.
George Warrell will soon begin the erec-
ton of four dwellings in Beltzhoover.
James w. Drape 4 Co. yesterday sold q
Association at figure approximating s., ,05O.
Movements in Realty.
A. J. Pentecost sold lot 23O, Pentecost's
plan, Valley View, CHARTERS Railway, for
$780,
- Black Baird sold to E. F. Bailey, through
T. L. Fleisher, lot No. in the Valley View
place addition, Nineteenth ward, for s475;
they also sold to John Doyle the leasehold
of q small frame house on lot No. / in the
Phipps plan, Thirteenth ward, for $50, and
the yearly rental of S25.
A. o. Byers s. Co sold for Mrs. Selvina B.
jenkins to G. Y. Gatlin lots Nos. 222 and 223
on Hewitt street, DuQuesne Park, Tenth
ward, Allegheny City, for 5000; also No. 226 in
the same plan to Eliza Donch for $500
monthly payments.
John K. Ewing s Co.. sold for William A.
Watson to Mrs. NJ. Williams, four new frame
at Jacks Run station P. F. w. & c. R. r., tor
5000.
James W. Drape Co. sold a lot adjoining
East street, Allegheny, and oao small house
w: A. Heron & Sons made the sale Of lot
No. in the wilkins estate third plan, 5Oxl2O
feet. on corner Braddock and Hutchinson
avenues, Edgewood, Pennsylvania Railroad
for $3.50.
1t was rumored that "A Heron & Sons
had sold a $l2, 600 investment property, well
improved, near Fifth avenue, in the down
town district, but while they would not
deny the report they would not give any
John K. Ewing & Co. sold for william Nc
Kim to Mrs Libbie III. Story the property No.
16S James street, corner Fountain street,
Allegheny, consisting of three frame houses
one of seven rooms, hall and attic, and two
of four rooms and attic each, lot 2l16xl00 to
Mound alley, for So, $50 cash: also placed
loan for 81 900 for three years at per cent on
Lehland avenue property, Tenth ward, Allie
gheny.
NJ F. Nipple & Co. sold for P. Keil to d,
Ross f1ve-roomed frame dwelling, with lot
40X9O feet, on the East side of Morgan street,
Thirteenth ward, for s., 600.
The Burrell lmproYem Company report
the following sale of lots at kensington, the
new manufacturing city on the Allegheny
Valley Railroad: Frank sypncionsl1i, Ale
gheny, Pa, 60, block z, for $780, Charles
Okonsky, Allegheny, Pa, lot 40, block 8, for
$37l 80; to Therrmann Sarge, Pittsburg, lot
40 block 5, for 81, 062 %; to Therrmann &
Sarge, Pittsburg, lot II, block 5, for 81 062 so;
to Therrmann & Sarge, Pittsburg, lot AZ,
block s. for $l,062 so: to Mrs. Z. Meyer lot 59
block @ for $500 67 L. Hufnagle, Pittsburg
lot 60, block 2, for 5000 to L. Hufnagle Pitts
burg lot 81, block ?, for $5S3 80.
The Building Record.
Eleven permits were issued yesterday for l6
the estimated cost of all being
$49, ,4SO.
ii. A. Kennedy, two brick and stone two
story dwellings Neville street. Fourteenth
ward; cost, SIS, 200. Fred Goedeke brick two
story stable, on Carey alley, Twenty-sixth ward;
cost q, 700. Albion Bindley brick three-story
dwelling, on Ivanhoe street, Sixth ward; cost.
g. 500. Albion Bindley, three brick two-story |
dwellings. on lvanhoe street, Sixth ward: cost.
S5, 500. W. I. Bowen frame two-story dwelling
Ulysses street, Thirtysecond ward; cost 81 no.
c. W. Culp, brick two-story dwelling on Baum |
street. Twentieth ward; cost, S. Co., Mrs p
Hugus, three brick two-story dwellings on Neg
ley avenue, Twentieth ward; cost. 81, 600. And |
four others costing in the aggregate 81 $50,
HOME SECURITIES.
THE LISTED fractions APPARENTLY
RISING IN FAVOR.