Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-11-22


in with the spring. The holidays are at
hand, and people are not in the humor to
invest. Social duties are more pressing. It
is useless, therefore, to attempt to force
matters. The market is SO full of solid
features that activity will come in due sea-
son. 1t will not spoil by brief rest.
An Irwin Avenue Deal.
A transaction in real estate involving i'm
portant improvements was concluded yes
terday. w. c. Stewart sold for w. j. A.
Kennedy 600 feet of ground on the south
side Of Irwin avenue, Squirrel Hill, near
the eastern entrance to Schenley Park, for
$4,000. William Bigge, the wellknown
Oakland contractor, was the purchaser. He
has already petitioned Councils for the
| opening and grading of Irwin avenue, and
early in the spring will commence the erec-
| tion of six handsome dwellings, costing in
the neighborhood of $4,000 each. Over
S100, 900 worth of property has been sold in
this immediate vicinity within the last two
weeks. There is deep significance in all
this. It shows that instead of losing conf
| dence in realty level-headed people are tax
| ing to 1t more than ever as safe and profit
able investment.
The Haas Property Sold.
It leaked out yesterday that Mr. Richard
Wood, son of W. D. Wood, the well-known
iron manufacturer, purchased during the
week the William Haas property, on Muir
ray avenue, Squirrel Hill, containing four
acres, with large dwelling, for $21, 800.
It is understood that Mr.. Wood has since
leased this properly for two years. The
deal was consummated by J. II. Coleman
& Co.
A Hint to Northsiders.
It is known that a number of prominent
Alleghenians are talking seriously of locat-
ing in the East End but have not made up
their minds as to the locality. Those of
them who have expressed preference
favor the park district. If Northside peo-
pie desire to prevent an exodus of a valu-
able part of their population they had bet
ter take immediate steps to open up and
improve the hill district, SO as to afford an
outlet to those desiring to build fine rural
homes.
A Diamond Street Lease.
Yesterday Black & Baird closed lease
for three years, at $4,000, of vacant lot
40 feet front on the north side of Diamond
street, on which business block will be
erected next spring. 1t will be set back on
the new street line.
Buildings for the Week.
Last week 30 permits were issued for 81
improvements, the estimated cost of all
being $685. The number of permits
taken out the previous week were Sc, repre-
senting 76 improvements, the estimated
cost being S106, ,S35. The record. this year
to date shows total of 9, no buildings and
betterments. The inspector says there is
batch of applications for permits to come
in before the end OF December.
Orders for Steel Rails.
The Wall Street Mers says: "Some large
orders for steel rails have greatly improved
the demand. Several railroad companies
have offered to place orders at ruling prices
if the mills will accept bonds in payment,
but these orders are not accepted as manu-
tacturers expect to get cash for all they
care to make next year."
Business News and Gossip.
Another meeting will be held in the West
End this week in the interest of rapid
transit
John s. Allies, of Allies Bros. & Co., has
taken flying business trip to Chicago.
The National Cordage Company has pur-
chased the entire binding twine plant of
William Deering & Co., of Chicago, for
$25O,OOO.
The Fourth National Bank has declared
semi-annual dividend of 8 per cent
Berlin markets were weak yesterday on
the official publication of the Russian ukase
prohibiting export of wheat.
It is stated that negotiations have finally
been concluded for the Baltimore and Ohio
to enter Chicago.
It was stated yesterday that all deals for
the Christ Church property had fallen |
through.
A new business house on Diamond street |
may revive public interest in that thorough |
fare.
The business of the First National Bank
of Sewlckley continues to grow. On May
f. 1891, loans and discounts were SIS, ia 48;
on November IA they were $129, ,03O 45
All of the big unfinished buildings in the
city are being urged forward as fast as
Jasper Williams will build four two
story frame dwellings, on Duquesne Heights
early in the spring.
One hundred acres of coal land near Cam
onsburg changed ownership yesterday. The
price was not stated.
Frank Murray has sold to Charles Erie
bertshausen a residence property in the
Fourteenth ward for S14, $50.
Owing to Thanksgiving this will be
fve-day week for business. The banks and
exchange will be closed on Thursday.
Movements in Realty.
NJ. F. Hipple s. Co. sold for D. W.. BID.
we'll to william Victory, No. S55 South High
land avenue, Twentieth ward, being an
eight-roomed brick dwelling, with lot 371S1
10, for Sc, 0O0
Black & Baird sold for Mrs. W. M. Granger
her residence property, situate on Forbes
street, near Craig, lot 47xl2o feet, at a price
approximating $4,000. The purchaser was
W. A. Scott, Jr., the well-known frebrick
manu- iacturer.
A. T. Byers & Co. sold LII acres coal, stu
ate in Robinson township, Allegheny
county, for ST., 500 cash. The names of the
principals are withheld for the present,
Liggett Bros sold to William M. Granger
for Thomas j. Hawkins lot on Atlantic
avenue, near Liberty, 5OxlS0, for a price ap-
proximating $50 foot.
The Burrell Improvement Company re-
port the following sale OF lots at Kensing-
ton: Jacob B. Reddinger, Kensington, Pa,
lot 9s, block =. for $3.50: Richard W. Jones.
Leechburg, Armstrong county, Pa lot 81
and feet of lot 3d. block g. TOR Sl,l71 IS;
Adolph Weiland Pittsburg, lot 9s, block s.
for ss25; August Barcb, Pittsburg, lot Ii,
block Q, for $3.50; Lenhart Hanselman, Pitts