Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-07-28
THE WEEKS OPENING.
Trade Starts Off at a Good Pace, but
No Rush Anywhere.
REAL ESTATE DEALS PERFECTED.
Fair Movement in Speculative Lines Based
on Confidence in the Outlook.
OFFICE AND STREET NEWS AND GOSSIP

Dlock OF 10 or ~ lots, situated DetWeen
Hazelwood and Glenwood, upon which to
erect that number of buildings. Mrs. Eliza
E. Sanderson has sold her residence prop
erty, No. % Esplanade street, Allegheny, to
Mrs. Mary J. Caches for 5000. Another
transaction on the Northside, just consum-
mated, was that of two lots fronting 40 feet
on Ackley street, Second ward, for $500
They were owned by r. w. Cartwright The
purchaser is Henry j. HILL Mrs. Elizabeth
Phillips has sold to J. Walter Hay three
acres and fraction in the Nineteenth ward
for $4,000. Mr.. Hay will plot the ground and
put it on the market. deal involving
several acres at Homewood is in a fair way
to be closed up this week.
They Watch the Market.
No class of citizens has derived greater
benefits from rapid transit than those whose
trained intellects and strong arms keep
Pitsburg's vast and multifarious activities
in motion. 1t has opened up to settlement
thousands of acres of land previously mac
cessible by annihiiating distance, prevented
unwarranted imitation in values, and so
made it comparatively easy for any indus
trious and economical wage-worker to ac-
quire home. The workingman has, there
fore, peculiar interest in real estate, and
no one watches the market closer than he.
He talks about it at home and in the shop.
His ambition is to become proprietor and
be independent of landlords; This is far
more easy of accomplishment now than 1t
was ten or even five years ago.
Novelties in Iron.
1t is Ellwood City. That is the official
name of the postoffice and the ambitious
townspeople have appropriated it. Mr.. E.
NJ. Moore, of Black & Baird, came up from
Ellwood yesterday and reported that nearly
all of the manufacturing concerns that are
being established there will be in operation
by October l. Among the specialties are
enameled iron for signs, ceilings and roofs,
dra wn steel tubing, something entirely new
in this country, for bicycles, gun barrels and
many other things and transparent metal
for skylights. 1t is thought the Pittsburg
and Western will be running trains through
Ellwood by August l.
AHint to Land Owners.
One of the best things that can be said of
Pittsburg is that it is city of homes. What
this implies of happiness and prosperity
need not be pointed out in detail. 1t ac-
counts in large degree for the conservatism
Of the people and the immunity from bust
ness disasters, which have become proverbial.
Property owners should cultivate this home
building spirit as much as possible by keep
ing prices within the reach of men Of small
means, who. with proper encouragement,
Will continue to be the principal buyers.
Judiciously handled, real estate will be a
controlling interest in this community for
many years, until all the vacant spaces shall
be covered with comfortable homes. This is
what Pittsburg is coming to.
Look Out for 1t.
Within the past week a dangerous coun-
terfeit 5O-cent piece has been sprung upon
the guileless public of New England. The
piece is a beauty, and shows great care and
skill in its makeup. 1t is one of the series
of 1887 and has the clear ring of the genuine
article. The main point of difference how
ever, lies in the thickness, which is triie
on one side is rather obscure, but is, at the
same time, nearly perfect, although there Is
a slight depression in the shield.
Business News and Gossip.
As oil and. stocks go glimmering real
estate rises in Importance, capitalists have
succeeded in finding out that it is a good in
vestment
The volume of general trade is almost
equal to that of the same time last year. It
is larger than in 1889, when people thought
they had reached the high-water mark Of
A fine property just across Craig street
from the Duquesne car house is about
changing ownership. 1t is said to belong to
Mr.. C. L. Magee.
The heavy pressure in the Philadelphia
Gas Company's mains is incompatible with
the theory Of some that the supply is giving
out.
Pittsburg was eighth in the Clearing House
list last week, Baltimore ranking ahead of
her by less than $50 900, and San Francisco
by only $500 OoO
Business in mortgages has dropped almost
out of sight. There we're only ten on the
Recorders file yesterday, the largest being
for s., 900.
Straub Morris have sold about Is lots in
Beechwood plan, Twenty-second ward.
Grading and board walks have been COM
pleted at an expense of 5000.
The affairs of Nimick & Co. are progress
ing favorably for an early settlement.
The adjourned meeting of the Electric and
Company. will be held to-
Point Bridge stock is gaining slowly on
the possibility of the West End Railway
stockholders Of the National Lead Trust
will meet in New York, August q, to take
action on proposition to reduce the capi-
tai stock. The matter caused some talk on
Fourth avenue yesterday.
The Building Record.
Permits for the erection of the following
buildings were issued yesterday:
Jno. B. Schultz, frame addition, one.story
dwelling, 2Ox36 feet, on Berg street, Twen-
sy-seventh ward. Cost, 500.
office, 60xsO feet, corner Wood and Diamond
streets. First ward. Cost, $4,000.
Jno. jackson, frame two-story dwelling,
l011s feet, on Wadsworth street, Thirteenth
ward. Cost, ,000
Mrs. Louisa Johnston, frame addition two
story dwelling, 10.6xl4 feet, rear 5so3 Hay
street, Nineteenth ward. Cost, 500.
L. Schuchert, frame two-story dwelling
6xS2 feet, on Freeland street, Thirty-flrst
ward. Cost, 1000.
NJ. F. Bailey, frame addition two-story
kitchen, SKIP feet, on Salisbury street, Twen-
seventh ward. Cost, $780,
H. Esser, frame two-story dwelling, 16xI6
eet, on Brainard street, Twenty-frst ward.
E. Coates, brick addition mansard, 2Ox32 |
eet, on Carson street, Twenty-fifth ward. |
Cost, 81, 400.
dwellings,, 1sx31 feet, on Marchant street,
twentieth ward. Cost, s., 900.
j. L. Kane, brick one-Story store, 20x75 feet, |
IN Butler street, Eighteenth ward. Cost, |
l,l0O.
James Fitzgerald, frame two-story dwell |
ng, 11xl4 feet, on Dauphin street, Nine |
eenth ward, Cost, $500.
,.as,;P jas Fitzgerald, frame addition shed and
ward. Cost, $400.
Movements in Realty.
NJ. F. Nipple Co. sold for William Den |
liston two-story ten-roomed brick dwell |
ng, with lot 55x142 feet, on the southwest |
'orner of Sha dy avenue and Alder street, |
Twentieth ward, East End. for $4,000 cash. |
The purchaser, James Parker, will occupy |
he place as a residence.
s. A. Dickie & Co. sold for F. W. Haas to |
Ale1. Jagdman a property on Shetland ave-
lue, lot 27x10O feet, with two-story frame
louse, for s., 400
Black : Baird sold to George H. Rodgers
or ID. c. Hutchinson q lot on the northeast |
orner of Mayflower street and Larimer
venue, East End, 45xl20 feet, for So, 0OO.