Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-02-28

lions of gold to Europe. The country i.
too afHuent to be crippled by any reasonable
depletion of the stock of yellow metal Be
sides, dollar in some shape is received fol
every one sent out 1t will all come back
in time in payment for food for starving
millions
The Moundsville Mining and Manufac-
turing Company, of Moundsville, W. Va,
are displaying considerable energy in for.
warding the business interests of their 10.
cality, and are offering 100000 Of full
| paid, non-assessable per cent stock foI
sale, an advertisement of which will be
found in another column.
Senator FIinn's Work.
The park section of the Twenty-third ward
was lively as a cricket last week Peter
| Shields sold five of the first ten houses built
by William Finn and associates on their
Greenfield avenue plan, and expects to close
out the rest in . few days Mr.. Shields has
sold 30 lots in this plan this month, and 30
since January L During the week Mr..
Finn made contracts with dealers in build
ing materials for equipments for Is houses,
to be duplicates of those just finished. Be-
ginning next summer, the Senator proposes
to build an average of 100 houses q year on
his Greenfield avenue property. This can
not but give that locality q lift that will
put it in the van of progress The electric
road on Greenfield avenue is nearly COM
pleted. Finishing touches will be put ON as
soon Is the weather will permit.
United States Glass Company.
The prospects of relocating the plants Of
the United States Glass Company was the
subject of considerable talk in business cir
cles during the week. It has been stated
in this column that indications point to
Blair as the place. This conjecture was re-
inforced yesterday by the statement of Mr.
j. B. Larkin, of Larkin & Kennedy. That
the Corwin and Wilson plans adjoining
Blair have been withdrawn from the mar
ket, and that the Blair Land Company has
agreed to add 10 acres to the so offered by
Mr.. Corwin for the location of an important
industry, the nature OF which Mr.. Larkin
has been unable to find out, as negotiations
have been conducted very quietly by Mr..
Corwin.
1t will require several hundred acres to
meet the requirements Of the United States
Glass Company for plants and homes for
operatives, but there is enough available
land in the vicinity of Blair to accommodate
them. Senator Finn owns farm of 300
acres adjoining Blair on the east, which, with
the Corwin option, would about meet the
demands OF the company. Putting all these
things together, it looks as if the great glass
combine had selected Blair Is the field of
future operations
Widening Aomewood Avenue.
Among many improvements on foot in the
Schenley Park district for consummation the
coming spring and summer, is one for the
widening of Homewood avenue, from go to
80 feet. Mr. Joseph Loughrey, who owns
large frontage on this avenue, is the leader
in this enterprise. 1t is understood that he
= ola,,% al IA
McKibben for about $40, 600 worth of grad
ing 1t is further learned that work on tho
Squirrel Hill road will begin net later than
April L Mr.. McFerron has been awarded
the contract.
If all that is known of the doings Of syn-
dicates and individuals in this quarter were
made public it would astonish about eyery
other man in Pittsburg. Foundation is be-
ing laid for many immense fortunes
Values Still Reasonable.
Talk of extravagant prices for choice res
idence property in the East End does not
tally we'll with facts As will be seen by
advertisement in this paper under the head
ing, East End Lots, W. G. Stewart is offer
ing frontage of 8S2 feet on fine 6o-foot
avenue to be widened to 80 feet, for $50. 900.
or only trife over $34 foot. This is
cheaper than ground il McKeesport or
Braddock Of much less desirable charac-
ter, and refutes the contention of many
that Pittsburg realty has reached an eleva-
tion which puts it beyond the reach of any
but those having plethoric pocketbooks.
The point thus brought out should be an
encouragement to home-seekera
Stocks and Gold Exports.
A stock broker, well up In the business.
makes these pertinent observations: ''The
stock market now rests to an absurd extent
on the gold movement If gold goes out
the prevailing argument is that stocks will
60 down, regardless OF the fact that for
every dollar of gold sent out we have re-
ceived its full equivalent in something else
While, with our great surplus of unem-
ployed money, we can readily spare some
millions of gold, traders in the stock mar
ket view any outward movement with
alarm"
Business News and Gossip.
Business results Of the week were salts
factory to nearly everybody. There were no !
calaniities. L
Henry Smith has broken ground for four |
dwellings on Penn avenue, Lawrenceville.
The Blair Land Company has had plans
made for ten handsome dwellings to be !
erected on their plan at Blair Station. They |
Will be completed by Junel
Forty-two permits were issued last week |
for 43 buildings and additions, the total cost !
being estimated at $55 AIS. The number of |
permits issued the previous week was 30and |
the estimated value $k3,S60
Andrew Caster yesterday sold 5000 Daw- |
son county, Montana, Court House bonds ut |
par and interest. They bear per cent
II. NJ. Long yesterday SOLD 5000 Pleasant |
Valley Railway new IS at price approx
mating par
The Monongahela Water Company has be-
gun to lay mains in CHARTERS borough.
X. c. Riggs has sold to John A. Shaw 85xs2 |
feet ON Coursin street, McKeesport, with q |
good frame house, for $2 $780,
The annual meeting of the Switch and
Signal Company will be held 1T Swissvale on |
March g. -
This week will probably decide the fate of
the Exchange building. Those in favor Of |
selling it are in the majority.
Movements in Realty.
John 4. Ewing q Co. sold for James D.
Orr to John Graf a three-story brick house
Of nine rooms. hall. bath and attic, lot 20xs7.
being the property No. IS Allegheny avenue,
corner Of Brown street, First ward, Ale
gheny City, for q, 100.
Baxter, Thomson 4 Ca sold n lot on