Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-05-04
CITY REAL ESTATE.
Interesting Position of the Pittsburg
Female College Property.
THE MARKET FULL OF GOOD POINTS.
An Owner Who Resides in Salt Lake City
Watching Local Movements.
N. P. CHURCH PEOPLE HAVE AN OFFER

The property owned by the Duquesn
Traction Company, bounded by Craig
Neville and Fifth avenues, near the powe
house, fronting 44o feet on Fifth BY abou
the same depth, has been offered to the Firs
Methodist Protestant church people, VIII
recently leased their downtown place o
worship to the Messrs. Kaufman, for $50,
900. 1t is believed the offer will be &C
cepted.
| Prospect Of a Deal.
A meeting was held yesterday of the di
rectors of the Pittsburg Female College il
reference to the sale of their property OF
Eighth street, near Penn avenue, and it wa
decided to press the offering so as to allow
of their selecting new location soon. The
lot is 14Sx1OO feet, is very desirahl!
located for business, and it is thought tina
a sale will soon be made, as several applica
tions are under consideration. The size ant
advantageous location Of this property
make it very desirable for almost any
| purpose.
Full of Good Points.
| It is a matter for congratulation that
| Pittsburg has no real estate boom. The
| only experience of that kind in local his
| tory proved so disastrous that it is not likely
! to be repeated by this generation. On the
contrary. strong conservative tendency is
noticeable among all classes of buyers.
| They look before they leap. A good busi-
ness is being transacted in nearly all classes
| of property. For business stands and acre
age the inquiry is brisk, sales are frequent
and in many cases for large amounts, as re-
ports in the city papers show. Capitalists
are beginning to realize the possibilities of
both central and suburban property and are
picking it up right and left. In the subdi-
visions that have been fairly improved the
sale of lots keeps on steadily, and the tone
of this branch of the market is strong and
healthy. Prices offer no encouragement to
those who are waiting for the market to go
to pieces.
Saw 1t in The Dispatch.
Letters from Ireland and Scotland pub
lished in this column in the last two days.
emphasize the value of The DISPATCH as
an advertising medium for real estate own
ers and agents. Yesterday Morris g. Aisbitt
received the following sofa similar tenor
from Mrs. Samuel j. Paul, of Salt Lake
City, Utah: 81 notice your advertisement
in THE DISPATCH in regard to your sue
cess with property. Our family (Thorn-
burg) owns about 162 acres situated about
half mile from Grafton on Charters
creek. My object in addressing you is to
ascertain if we could get satisfactory
price for the place as a whole, or whether it
would be advantageous to plot and sell 1t
off in lots
Yesterdays Building Permits.
Building picked up yesterday, both in
the number and the value of the undertak-
ings. Eleven permits were issued for 16
Improvements. the cost of all being esti-
mated at S10S,O00. Those of special value
are: H. Chllds & Co., nine-story business
house on Penn avenue, $4,000; 7. A. and
R c. Gillespie, nine-story business house
on Penn avenue adjoining the above, S35,-
600; +. c. Ahler, two brick andstone dwell
ings on Atwood street, Fourteenth ward,
10000; William Chaffey, four brick and
stone dwellings on Rippey street, Nine
teeth ward, 500 900; Robert s. Mckay, brick
dwelling on. Highland avenue, Nineteenth
ward, $4,000; Harry Pears, frame dwelling
on Hamilton avenue, Twenty-frst ward,
81, ,500
Special Features of Trade.
Baxter, Thompson & Co. report better
inquiry for rural property than at any
previous time this year.
The PittsDurg and Western Railroad
Company, in response to the expressed
wishes of many citizens, has decided to put
on q night train between Pittsburg and
Butler, commencing on the 18th.
Two nice residences will soon be
started on Locust street, Edgewood.
Stockholders of the Westinghouse Electric
Compa-y will meet i'll this city May g. to
elect directors and to transact such other
business as may come bel ore the meeting.
brick building, 9Oxl00 feet on the
southwest corner Tuscarawas and Dewalt
streets, Canton, o.
John D. Banks has purchased from c. W.
Cross, 50x1N feet, with q frame house. on
Third street, Beltzhoover, for So, ,OOO.
In Philadelphia Yesterday 81. COO Allegheny
Valley income IS sold at 571 &.
Charles Somers is now doing business al
his new stand on Fourth avenue. two doors
above the old one. His offices are very hand
some.
At the annual meeting of the Fuel Gas
Company, yesterday, officers and directors
were chosen. The latter are: George II.
W estinghouse, Jr.. Lemuel Bannister. Rob
ert Pitcairn. John Caldwell, J. r. Mckinley,
H. Westinghouse and A: L. McKait. The |
Board organized by electing the following
officers: George Westinghouse, Jr Presi- |
dent; Lemuer Bannfster Vice President; A. |
.. Mckait, Treasurer and Manager, and +. |
h. ketchum, Secretary. |
After the last stock call yesterday e6ss was |
bid for Birmingham Traction. Talk on Man |
chester was quite bnllish.
Additional bank dividends, all semi-annu-
u: Iron City National, per cent: Second |
National, of Pittsourg, 5 per cent: First Ma
'ional. OF Allegheny, per cent.
Additional Points in Realty,
j. H. Coleman & Co. have closed the sale OF
piece OF property in Oakland for $4,000
NJ. F. Nipple & Co sold for the Lloyd heirs
lot 74x171 feet on the southeast corner of |
and Bayard Streets in the LLOYD
,lan, Fourteenth ward, for $780, The pur-
chaser. promin ent business man, will at
,nce builu very fine residence thereon.
E. T. Schaffner sold q two-storv frame |
louse of five rooms, with lot 4xl25 feet No.
O4 Climax street, Thirty-first ward Ior
Jacob Horn, to Lewis Gellevits, for 81 GOO
ash.
The Burrell Improvement Company report |
he following sales OF lots ,at kensiBgton:
ernest Keck. Pittsburg, lot So, block l. for
600 cash; Philip Peirman, Pittsburg, lots 81
nd 50, block ]. for $1,000; W. III. Herman.
'ittsburg, lot 35, block l, Tor 5000 cash: Louis
list, Pittsburg, lot Al, block l. lor $500 cash:
,erthold Bauinan, Pittsburg, lot 42, block i,
or $500 cash.
Black Baird sold for John Berger to 10. |
eph Agans the property No. Marshall
venue, Eleventh ward, Allegheny, being
wo story frame dwelling, on lot 94xloO feet,
or $40.
g. B. Hart sold lot 55x140 on the corner of
,idge avenue and Chestnut street, Coraopo-
Is. to r. L. Harper. The consideration was
ot stated.
John X. Ewing 4 Co. sold for c. S. Knauer
o John G. Holzer lot 35xl2O, on McIntvre
treet, Tenth ward, Allegheny, tor $3.50 cash.