Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-07-02
A DOWNTOWN DEAL.
Sale of the Allegheny County Light
Company's Property.
1T is PICKED UP BY MERCHANTS.
The New Light station Will Be Ready for
Operation in Short Time.
CENTRAL SUPPLY FOR BOTH CITIES

One Of the most important transactions il
central real estate for long time was con
summated yesterday by w. A. Heron &
Sons. They sold the Allegheny County
Light Company's property on Virgin alley
near Wood street. The lot is 95x83 feet
with large and substantial four-story
brick building occupied by the light com
pany as their central station. The pur
chasers are understood to be Lysle & Nc
Canoe, merchants on Liberty street, and
the price paid is over $50, 900 cash. The
light company is building on its new prop.
erty, Twelfth and Etna streets, which they
purchased from Alex. Bradley, ESQ.,, through
W. A. Heron & Sons, over year ago,
for $50, 900, and from this plant they will
supply all the lighting for both Pittsburg
and Allegheny. as they sold their Allie
gheny Light Station property for $40, 900
cash. In a very short time the new station
will be in operation, and it is said by ex-
| perts that it will be the finest in the coun-
try. 1t will be so constructed as to save a
large amount in operating expenses
Notable Change.
Less than two years ago Thomas Brown
owned ten acres of land fronting on Shetland
avenue, near Silver Lake, in the Twenty
first ward. The only improvement con-
sisted of the Brown homestead, surrounded
By an orchard. About the time indicated
Mr.. Brown sold it to Mr.. j. c. Dick, who
laid it off in lots. These found a ready
market. Buyers commenced building, and
to-day the tract is covered with between 40
and 80 comfortable homes, the majority of
| which are finished and occupied. This is a
good illustration of the rapidity with which
Pittsburg is expanding
Movement on Grant Street.
Two adjoining lots on Grant street have
been purchased and negotiations are pend
of fine business house. The first lot was
secured several months ago. The pur-
chaser had an Office building in view at that
time, but he now thinks commodious store
would be better investment.
Yesterdays Building Permits.
Nine permits we're issued yesterday for -
improvements, the cost of all being esti-
mated at SIS, 1875 The largest are: John D.
Banks, frame dwelling on Girard avenue,
Twenty-thrd ward, 81, 800; same, three
frame dwellings on Girard avenue, Twenty
third ward, 5000; Anna Reamer, two
frame dwellings on Liberty avenue, Six
teenth ward, So, 600; James Lockhart, brick
dwelling and store on Liberty avenue, Six
teenth ward, $4,000.
Special Features OF Trade.
Two important leases of downtown busi-
ness properties will be closed early next
week.
The Cochran Fleming property, in Sc
wickley, was offered at public sale on Thurs
day by A. Leggate & Son, bnt for want of an
adequate bid the sale was adjourned until
1t is said the Thomas Iron Company will
reuuce the price of pig iron 81 a ton.
The stockholders OF the Beech Creek road
met on Thursday and ratified the issue Of
s, COO 600 new second mortgage per cent
bonds and 81, ,000, ,0G0 new stock.
According to the census estimates there
has been an increase of about one-third in
the wealth Of the country during the past
ten years.
John K Ewing & Co. offered at auction
yesterday the Longdon residence on Euclid
avenue, East Bellevue. After a little skirm-
ish between bidders, the property was with
drawn on an offer of $3 800.
Sales agents of the anthracite carrying
and producing railroad companies have adj
vanced the prices OF coal on all sizes.
Action will soon be taken to place Birming-
ham, Manchester and Duquesne stocks on
the regular list of the Exchange.
q
property on Perrysville road, Ross township,
lot l55x25O. for $40 00).
F. II. Busch has sold his property on Fifth
avenue, McKeesport, to W. D. Chisholm, for
sI2 600, being at the rate of about s444 a foot
front.
Henry Fisher has returned from an ex-
tended trip through the west and along the
Pacific coast He was warmly welcomed
back to the Exchange.
There are Il Pittsburg National and State
banks which will pay dividends this month
aggregating $332, ,s40.
Additional Points in Realty.
J. C. Reilly sold Lots Nos. IL and IS in the
City Savings Bank plan, Tenth ward, Allie
gheny City, to J. Kelly and Chas. Magee, for
$4OO and $500 respectively.
John K. Ewing sold to John @. Porter a |
lot 5Oxl5O on Grant avenue. in the Watson
subdivision. East Bellevue, for $1,000 The |
purchaser will improve with a handsome |
Queen Anne residence, to be completed by |
fall.
Black & Baird sold to Annie J. DeI,onr |
ope-half of lot No. 16, in Mrs. S. B. Jenkins |
plan, DuQuesne Park. front ting 25 feet on |
Dnquesne avenue by 130 ieet to an alley, for
$40 cash.
D. Behen & Son sold for John Forbes to |
Thomas A. Jiles a brick house OF nine rooms |
and Improvements, with corner lot 26xlO0
feet, on Geneva street, Seventeenth ward,
for 81 600.
James W. Drape & Co. closed collateral
interest in two houses and lots on Webster
avenue of 81. 600: also of two lots in CHARTERS
township at 5000; also sold house ami lot in
the Second ward, Allegheny, for IS $50: also
an interest in four pieces of property in the
city and suburbs for 81, 500.
Peter Shields sold lot No ss4, 3ox9o feet, To-
Gated on Nantasket street, in the Greenfield
avenue plan, Twentythird ward, city, Tor
5000.
George Schmidt sold another lot on Look
out avenue, being No. 154 in his Eureka
Place plan, Oakland, to Richard Shaw for
$500 on easy payments.
The Burrell and Kensington Improvement
report the following sale of lots
at Kensington: Mrs. Mills, lots 65 and 66
block 81. $l,600, cash; August Rattlesberger,
lot So. block 2, $500 cash; George Rattels-
berpar lot 70 block Q $500 cash. Harry q |