Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-08-29
EAGER FOR A CHANGE
West End People Beginning to Clamor
for Rapid Transit.
THE POINT BRIDGE IN THE WAY.
How the Great European Cities Impressed
Wideawake Pittsburger.
THE DRIFT OF LOCAL SPECULATION

People in the West End are clamoring
for rapid transit, but there are difficulties in
the way which it will take time to over
come Mr.. Walter Morris, of Straub q
Morris, who is West Ender, threw some
light on this subject yesterday. He said:
81 understand the West End Railway Com
pany is willing and anxious to build an
electric road passing through Temperance
vile, Nimick, Sheridan, Ingram, Grafton,
lakewood, Lockton and Mansfield, provided
satisfactory arrangements can be made with
the Point Bridge people. So far, however,
negotiations have resulted in nothing on
account, as alleged, of excessive foliage
demrnGed. This, however, is denied by the
bridge people, who say all the propositions
they have made are fair and equitable. 1t
is difficult to forecast the outcome, but 1t
is probable the bridge will be purchased,
unless, in the meantime, some other solu-
tion is offered, of which there is little prooa-
bility at present; The West End is growlng
so fast that rapid transit is a positive ne
cessity and must be secured by hook OF py
crook"
Impressions of Europe.
A prominent operator in local real estate,
who has just reached home from three
months tour in Europe. in short interview
yesterday, said: Europe is too slow for me.
Nearly all the real estate dealings III London
are lesse-holds. There is no great, overshad-
owing business center there, as in most
other great cities, but every district has one.
Sometimes they are separated by miles of
residences. Rapid transit is practically un-
known. The people have to rely upon
busses. On the continent nearly all the
houses are constructed of soft stone, COW
cred with cement. There is no progression
in architecture. There is scarcely any diff
ference between houses built this year and
those erected four centuries ago. Berlin is
the most progressive city in Europe. Real
estate on Frederick William street, the prin-
cipal business thoroughfare, is 10 times
higher than 10 years ago. Vienna is hand
some, bustling place. In push and dash it Is
much like an American city. Paris is disap-
pointing. At least, 1T was to me. The peo-
pie are lively enough, but the buildings have
an aged appearance, showing neglect and
absence OF local pride, and there are few
signs of progress, such as are noticeable in
Berlin and Vienna"
Trade in the West.
A manufacturer who has, just returned
from a tour of the more important of the
Western trade centers says that every where
he found jobbers in a hopeful and contented
frame of mind. The enormous CROPS of that
section have become more tangible than
glittering generality and the prices realized
are far higher than often prevail in years of
moderate plenty. The jobbers are sure that
the fall trade will be OF enormous proper
tions and are backing up their Judgment by
making heavy purchases.
Business News and Gossip.
Who can suggest way to furnish rapid
transit to the West End independently of the
Point bridge?
1t is said the city will purchase about 60
feet of the rear end of the Fite property and
add it to Highland Park.
1t is reported that movement is on foot
to corner the September corn market. Look
out for it.
The latest reported sale Of a New York
Stock Exchange seat was at sls,5O0. Pitts
burg Exchange stock has sold rather freely
lately at S400.
At recent auction sale of New York bank
stocks the following prices were realized
One hundred shares National Broadway
Bank go; so shares National Bank of the
Republic, 1s215; 80 shares National Bank of
Commerce. ls9: 100 shares Merchants Ma
tional Bank, Isl.
1t was stated a few days ago in this col
umn that the Duquesne Traction Company
had ordered smaller cars for the main city
lines and would use the large ones on the
Williamsburg branch. Nothing has tran
spired since to require modification of the
statement.
The work of remodeling the interior of the
Mellon Bank Will be concluded in two or
three weeks. When finished it will be one
of the finest in the oity.
Sheridan avenue, East End, is being
graded between Station street and Stanton
avenue. 1t will be paved with Belgian
blocks.
The first Monday in September will be La
Dor Day.
Luster closed yesterday with breeze, in
dicating that favorable news had been re-
ceived.
At the last call yesterday Manchester
Traction was offered at SO.
Boston is still the center of activity in
Electric.
Railway shares had the call in speculative
circles yesterday. Pennsy finished at 531s
and $685. against 52sss and 5a115 the previous
day.
Lead Trust closed nc higher than on
Thursday.
Movements in Realty.
S. A. Dickie & Co. sold for S. D. Hubbard to
E. s. Kuhn, a lot on Howe street, Twentieth
ward 5lxl25 feet, for s., 200.
Black & Baird sold for the Western Penn
sylvania Improvement Company to H. W.
Reisinger, new frame dwelling on Clarissa
street, Heron Hill, with lot 20x1OO feet, for
$3.50.
Reed B. Coyle & Co. sold for Miss Ellie
Means at lakewood, Pittsburg, Cincinnati
and St. Louis Railway, a lot in the Home
stead Park plan, s0x150 feet to an alley.
situate on the corner of Woodlawn avenue
and Wayne street, for s., 900 cash. The pur-
chaser will improve by the erection of a
residence to be occupied by himself.
A. j. Pentecost sold lot No. l, Pentecost's
second subdivision of the Arthur's plan,
Tenth ward, Allegheny, for $500
James w. Drape & Co. sold a residence,
l,OOO also house and lot adjoining Scott
street for S. $50; also three small dwellings
and outbuildings on Schenley leasehold
premises for S. $50: also u lots in MunhalI
o,ar rola from toS ool,