Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-10-04
Steady on Its Feet,


The week in real estate was characterized
by several interesting events, reports of
which have appeared in this column. The
effect of these transactions was to stimulate
business and prepare the way for other i'm
portant transactions. noticeable feature
of the market was the active demand for
business properties, showing that capitalists
have confidence in them as an investment
Owners are uncompromising in their ideas
of value. This is the greatest obstacle to u
complete revival of activity. Agents COM
plain that they can seldom get concessions
Values are maintaiped at high-water mark
and the attitude of the majority of owners is
of indifference rs to whether their terms are
accepted or refused.
A Rush for Coal Land.
Mr.. II. W. Strickler reports that he is
about closing the sale of a tract of the finest
coal land in Washington county, comprising
upward OF 10000 acres, to a syndicate of
Western men, ut price npproximating SIS
an acre. Mr.. Strickler added: There is q
perfect rush for coal land and prices are
hardening"
Business News and Gossip.
There was buoyant feeling on Fourth
avenue yesterday, and business was brisk in
all lines except stocks.
The Yoder Land Company is figuring with
Mr.. Bochman, the landscape gardener, to
take charge of the grading and terracing of
that he has laid out nearly all the fine
grounds in Shadyside, assures picturesque
effects. The success of this property in the
market is attributed to advertising in THE
DISPATCH.
Baxter, Thompson & Co. have sold be-
tween 80 and GO lots in the Ruch Hill plan
since September l, when the property was
put on the morket.
Ten houses on Wooster street, Eleventh
gn1.fl 1Nsad1 1NTr1 - II n1N
ready for roofing. These are the last of q
built by this getleman in that locality this
year.
The Chinese method of Furnishing bank
looting ought to be adopted in this country.
1t is heroic, but effective.
Philadelphia Gas led the market in &C.
tivity last week, closely followed by Luster.
On call yesterday 81 was bid for Manches-
ter Traction, l6sz for Birmingham and II for
DuQucsne.
The adjourned public sale of the late ]. H.
Shoenberger's interest in the Shoenberger
iron firms comes off on Tuesday next at 3
O'Clock. A. Leggate & Son are the auction
eers.
Wheeling and Lake Erie earnings. fourth
week september, increase, $G,079. Month,
increase, 81, 179. Northern Pacific, third
week September, increase, $5445s
Coinage for September: Gold. So, 200 SC2;
silver, s., $50. lS5; minor coin, $l22, 124.
Movements in Realty.
W. c. Stewart sold for the Yoder Land
Comnany the following lots in Ardsheil Ter
race, located on Murray Hill avenue, being
in size 60xl75 feet each: To Thomas Ulam,
lots 90 q and % for $l3,5OO; to Mrs Jennie S.
Lyttle, lot II, s45CO; to Charles NJ. Dollman,
the well-known musician, lot SO, 81, 900; to
prominent music dealer, lot 20, 81 SEQ; Mr.. o.
L. Felix, who purchased lot No. 0 in this
plan, will break ground tomorrow for a fine
dwelling.
Black & Baird sold for NJ. f. Merker
to Herman Beilstein lG lots in the Tenth
ward, Allegheny City, being Nos. l, 3, ,7,s,
H. r. 15 IS, 20, %, %, 96, q and 49, in the Bell
stein & Shaffer plan, for 81 600.
John Hawkins, of Hawkins Bros, bought
two brick houses and lot 4OxSO, on Warren
street, Thirty-sixth ward, from John E. Nc
Clellan for S., 200 cash.
John X Ewing " Co. sold to John Horne
for F. &. Rohrkaste two lots, sOxlOJ each, ON
Grant avenue, Tenth ward Allegheny for
$3.50; also sold for John White to Mrs. Han
nah K. Klause, lot 22996, on New Brighton
road, Eleventh ward, Allegheny, for S775;
also sold lots IL, II and 49, 22xlOO feet each in
Orchard View plan, East street, Allegheny,
tor 5000 on monthly payments.
Reed d. Coyle Co. sold anotherlot, being
No 2S in the Grafton Place plan, situate on
Harriet street, size 50Xl5O feet, for $780, The
talk of an electric road i'll that vicinity is
creating quite Il demand forlots in this plan.
Baxter, Thompson q Co. sold lot NO; l6O,
Ruch plan, fronting q feet OIL Addison
street and extending back so feet along Bair
street. for $3.50; also lot No, So Butler Place
plan, Eighteenth ward, fronting 20 feet on
View street and extending back 100 feet to
20-foot alley, for S2Ol; also lot No. 60 Bank of
Commerce addition, extended plan Brush
ton station, fronting so feet on Frankstown
avenue by l5O feet 10 q 20-toot alley, for
$1,lo0.
Charles somers Co. report the following