Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-05-01
TRADE OF THE WEEK.
City Bank Clearings Disclose q Large
s Aggregate of Business
SALE OF AN EAST END RESIDENCE.
Extensive Building Operations Going For
ward on tho Northside.
FEATURES OF MONEY AND SPECULATION

Local business for the week ending yes
terday logged along at good pace. While
there we're no bulges, there were no de-
pressions. Advanced ground was held all
along the line Such changes as occurred
in conditions and movements were for the
better. Improvement in the weather en-
abled several backward lines of trade to
assume the aggressive. Building was prose-
cuted with much energy, and real estate
took long step forward Money was easy,
but there was more urgency on the part of
borrowers than a week ago. Bank clear
ings were nearly s., 600, 900 greater than for
the same period last year.
The Dispatch in Ireland.
Charles Somers, the well-known Fourth
avenue real estate broker. yesterday re-
ceived letter from William Gordon, of
Analong, county Down, Ireland, making
inquiry in regard to a farm; the advertise
ment OF which by Mr.. Somers he saw in
The DISPATCH, with q view to its pur,
chase. This emphasizes what every wide
awake man knows, that it pays to adver-
tise.
Salo OF an East End Residence.
A transaction in. East End realty of i'm
portance as emphasizing the claim of good
inquiry for high-class holdings was closed
on Thursday. but did not leak out until
Yesterday. The Caroline Hamilton property
on the southwest corner of Penn and Dallas
avenues, changed ownership at S55, 900. The
ground fronts IS feet on Penn and has
depth of 400 The house is good two
story brick, and is occupied by Mr.. j. G.
Stephenson, of Arbuthnot, Stephenson u
Co., who, the informant understood, was the
purchaser, but this could not be verified.
Hom.s for tho People.
The past week was a good one in the
aggregate value of the improvements for
which permits we're issued These foot up
a nice total of "a, representing SO buildings,
and additions, all estimated to cost $500, ,059
That building operations are broadening is
shown bv official figures at the Inspectors
office. They disclose that for April 346
permits were issued against 322 for the
months of February and March. The Off
cial year begins with February.
Movements on the Northside.
James Wilson, a well-known Allegheny
City business man, will tomorrow break
ground for five medium-sized modern dwell
ings in the Mayfeld plan, Tenth ward,
Allegheny. John X. Ewing & Co., who
are handling this plan of lots, say that
every purchaser will build this season. A
prominent Pittsburger has made an offer
for large frontage on Marshall avenue,
nearby, with view to the erection of sew
eral handsome brick residences. Upward
of 100 houses are in course of construction
in the Tenth ward.
Whkinsburr's Big job.
On Tuesday next the people of Wilkins
burg will vote for or against a proposition
to borrow S160, 900 for sewage purposes en-
bracing the construction Of main sewer
extending to the Monongahela river, about
two miles, with such branches in the streets
and alleys as may be deemed necessary to
afford good drainage. 1t is conceded in ad-
vance that the vote will be largely in the
affirmative. The amount of the last assessed
borough valuation was 81, 793, 1896 The ex-
listing borough debt is $4,000. The amount
of the proposed increase of the borough debt
is $3.50, 900, being an increase of 3L per cent,
making the total indebtedness, including
the proposed increase, 4 1-5 per cent Of the
last assessed valuation.
Special Features OF Trade. ,... Il
The week left business better than 1t found
'Pittsburg occupied seventh place in the
National Clearing House returns.
Williamsburg is plum for which rapid
transit people are striving with all their
power 1t is quite probable that before the
end of the year it will have three street car
routes to the city.
The Pennsylvania Railroad will shortly be-
gin the erection OF a handsome station at
Turtle Creek, to replace the one DESTROYED
by fire recently. freight depot will also be
built there.
John NJ. Risher closed the purchase dur
ing the past week. from Eliza j. Kane, of 800
lcres of coal land in Jefferson township for
st9. .000
The foundation for the new industrial
building for the girls at the mute school, |
Edgew ood, has been completed and the stone |
work begun. The boys will do most OF the
carpen tering. |
a branch national bank will be esrab-
lished on the grounds OF the Worlds Co. |
lumbian Exposition.
Pitssburg and Western Railway coupons
due May on the percent mortgage gold |
bon is of 1891 will be paid at the office OF |
Drexel, Morgan & Co., New York.
The authorities OF Etna borough will soon |
issue $25Goo bonds to establish an electric
Mrs Mary Elder took out a permit yester- |
lay for the erection OF a brick dwelling on |
Atlantic avenue, Twentieth ward, to cost |
5000.
Work on the American vanlt, Safe and |
Dock Company's buildings at Blaine is be-
ng pushed forward as rapidly as possible 1t
$ expected that they will be completed |
vi hin so da, g.
The Philadelphia Company's annual meet
ng is booked for tomorrow. 1t is thought |
,he dividend will be increased.
Additional FONTS in Realty.
deal involving 100000 in the Highland
Park district was closed yesterday after
loon, but details cannot be given for several 1
LAYS.
W. C. Stewart sold for Mrs Lucy Mont
.omery to Vincent Miller her Bayard street
lot 50xlsl, with dwelling, for ST.
100 cash.
Baxter, Thompson & Co. sold to C. Fl.
q residence lot in the Nine
eenth ward, fronting 60 feet on Rippey
treet bv 1865 feet for s5 400 cash. This is the
econd lot sold by this firm in this neighbor-
rood in les. than a week.
Black & Baird sold to ". H. Stevenson lot
10. "a and one-half of lot No. 25 in the Lloyd
,lan, situated on the southeast corner Of
)ithrid2e and Bayard streets, in size IA feet |
~ about III i'm depth, for $S 500.
, d. Behen & Son sold for Mrs. M. McNaily to |
Tohn Mccullough a lot 25xl2O feet, with
tone foundation for house. on Brereton ave-
lue, Thirteenth ward, for 81, ,l60.
John X. Ewing & Co. sold to Mrs. Rachel
'weeny two lots, 202l02 each, on Leland ave-
lue, in the Mayfield subdivision, Tenth
yard. Allegheny, for $500.
w. NJ. Pollock sold for the Laurel Land
Company another lot, being No. p in the
ion. ittsburg, Fl. Wayne and Chicago
sailroad, to J. H. Watt. This makes the
hird lot sold in this plan within ten days. !
'he purchaser will improve at once.
A. NJ. Tres>el 4 Co. sold for Nj. H. Allen to !
ohm Slattery four-roomed house on rear /
lie u q m IN mr. 1