Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-11-27
$1,000 PER FRONT FOOT.
The Property 4s7 Liberty Street Sold for
Over $50, ,OOO-Another Large Business
Block VIII Be Erected-An Increase Of
800 Per Foot in Few Weeks.

Over $50, ,0OO-Another Largo Business
Block VIII Be Erected-An Increase Of
800 Per Foot in Few Weeks.
SATURDAY, Nov. 26
The important transaction referred to in
this column yesterday as having been con-
summated was the sale of the property N
427 Liberty street, consisting of three
story brick dwelling and lot % feet ~
inches by 115 feet through to Exchange
alley, for $50, 40 49, or about $1,000 per
foot front. The sale was made by Black &
Baird for Mrs. Mary B. Foster,
and Messrs. Laird & Ray, the we'll
known shoe merchants, were the pur-
chasers. This property adjoins the piece
which was sold by the same firm to Messrs.
Chaddock & Owens few dayt before the
election for ST., 200 per foot front, and is ex-
actly similar to it in every respect. There
lore, the last sale shows an increase in
value of 500 per front foot in that very short
space of time.
These two sales are very important,
mainly because two elegant business blocks
will be erected and occupied by the pur-
chasers. The building to be erected by
Laird & Ray will be a six-story warehouse,
and work will be commenced on it al once.
As has been entioned in this column be-
FORE the plans ior the Chaddock & Owens
building are completed and work on their
new house will likely be started next week,
probably Monday.
A Real Estate Exchange.
Representatives of nearly every real
estate house in the city were present at a
meeting in the Chamber of Commerce
rooms this afternoon to consider the ques-
tion of organizing a Real Estate Exchange
on a substantial basis. One of the great
drawbacks to the real estate business of
re w ha haan a
lack o. unity among those WHO DO the work,
petty jealousies which moved them to pull
IN different directions when united action
would have been productive OF good
for all. But change has come over
the real estate men, as was demonstrated Mt
to-days gathering. There was general
agreement among those present as to the
necessity for such an organization as that
proposed, and also as to the preiiminaries.
the discussion was full and comprehensive,
and about all the ground vol for the Or
ganizatioD was completed. An adjourned
meeting will be held at the same place on
Tuesday afternoon at 2 o'clock to flush it
up.
MIR. Olin B. Rich. a prominent real
estate operator OF Buffalo, N. T., and
member OF the national organization, came
to Pittsuurg expressly 10 attend this meet
ing, but was called home unexpectedly yes
terday morning. He will return tor Tues
days m, citing. however, and give his aid in
periecting the organization.
Current Gossip.
The sale of the l2 acres of land on Morning
side avenue for sS6.5eO, particulars of which
we're published in this column on Thursday
last, was made by j. II. Coleman & Co.. OF
the East End, who sold the property for W.
e. Lyme to Charles Schwan.
Tie Fl til Avenue Market House is to be
sold. Mr.. E. Nj. BIgelow, Chiet OF the Depart
ment OF Public Works, having so decided.
Mr.. Bigeow says he can sell the property
for $l00, 600 and will give $50, 900 for The High
School site and S5O,0O0 to the National
Guard.
Another large acreage deal on Perrysville
avenue1h been closed. j. c. Allies, the real
estate broker, to-day purchased a tract con-
tanning about 40 acres. The particulars of
the deal Mr.. Allies refused to divulse, as it is
very likely that the property will again be
sold at very nice profit.
Building Permits.
The following permits were issued to- day:
j. NJ. Gartside, two two-story irame dwell
ling, Edwin street; cost, $500 ior both.
Jacob Killian. two-siory frame dwelling,
No. 129 SusQuehanna street: cost, 81, $50.
John McLaug Min, a wostory frame dwell
ling, Bates street, near Wilmot street: cost,
$500.
Reported by the Brokers.
Baxter, Thompson & Co. sold through the
agency of CARRIER & Co. lots Nos. $50, $40, 81,
S72 and S73, Villa Park plan, Bruehton sta
tion, being total frontage of $50 feet on
avenue by 1s0 ieet to 2O-foot
alley, for 81 600; also sold a lot 22xl00 on west
side of Kirk patrick street, Thirteenth ward,
in Ruch place plan, to P. Cone for $500.
j. c. Allies & Co. sold to Henry Ackerman
a lot 32xl40 feet, situated on Stanton avenue,
for So. 200 cash.
Peter Shields sold in William Flinn's
Greenfield avenue plan, Twenty third ward,
an eight-room frame house with mansard
and all modern conveniences. with lot 36N
30 feet to an alley. located on Greenfield ave-
nue. and Hoosac street, for A $40.
S. A. Dickie & Co. sold fol DR.. JIG. Lemmer
two lots on Bennett stieet, each 30xl35 ieet
for 81, $50; also sold, for Messrs. Melvin &
Smith to George A. Morrow lot on Kelly
street, S0X135 feet, for $3.50.
John K. Ewing & Co. sold for 50, 600 cash,
the property on the corner of Parkview av-
enue and Lanark street, Twelfth ward, Allie
gheny. ior George W. Rape. to Frederick W.
Fire. being two-story frame house of six
rooms. hall and attic. with a lot l711xlOO
Piper & Clark sold for Theo. Weiss to
Adam NJ. Goodwin, two lots situated on
Hastings street. East End, each having a
frontage o about 25 feet, Tor S., 200.
W. NJ Pollock sold for Prot. y. A. McClen-
ahan to WIN. Nelson lot No. 90 in the North.
ing IS feet on Harrison avenue by a depth OF
los feet to a 15-ioot alley, for $3.50.
NJ. F. Nipple & Co. sold for James Evans,
OF McKeesport, to Harry +. Rose, or So 3O0 a
feet, situate on the north side of Dearborn
street. Nineteenth ward: also, for H. E.
steffier to 1. A. Dye, for $500 cash, lot COX 100
feet, situat te on the south side OF Adelaide
street. Thirteenth ward.
Moore & Kelly sold for Zachariah Poe to
Mrs. Caroline Schade, lot on Bennett
street. BruShton, having n frontage OF 60
feet and extending back 1876 feet to an alley
for $3.50; also sold for Mrs. c. McFarran TO
Frank H. Speer four lots in Homewood, for
So O0o: also sold tor L. A. Hoke to C. Pfei-
deost a lot near the city line, Brushton, for
$500.
a. q. Byers & Co. sold for Robt. W. Bissell,
Esq, lot No. A7 in the Mayfield plan, Tenth
ward, Allegheny, fronting 40 feet on Perrys-
vile avenue and extending through 140 feet
to a 20.foot alley, for 81, 400.
Reed B. CoyIe & Co. sold for the Bellevue
Land Company five lots in their plan of
Bellevue, being Nos l47, 1xS, 149,
100 and Isl, fronting $50 feet on Orchard ave.
nue. by 100 feet deep to an alley, for So, 750
The purchaser contemplates improving the
property at once.
The Burrcn and Kensington Improvement
Companies report tho following sale of 10 Is
at Kensington: Charles Colteryohn, Pitts
burg, lots S07 s0s, 500, block %, for 81, 759 so
cash: lots 20S 209, 2l0. block 26 for 81 75y 80
cash; iots 100, 791, 1872, block 23 for Sl,75s 30
cash: lots SO, 70, II, 72, 70 and "a, blockI6 or
S4, ,975 cash: John Litschge, Pittsburg, lots 81,
55, Sc, 81, 5s, 3d. block z. Tor 81 975 cash; John
McIn- osh, Pittsburg, lot 394, block 25. for
s732 9s: Lawrence Bryan. Allenport. Pa, lot
He1ner, Kittanning, Pa, lots 1854. 11s5, l1s6,
llS7, IlSS, lls9, 1880, 1l9, 1892 ll93 1ls4 block
80, for g. sos 25 cash; j. B. and Charles Heinz,
I1i tt sl,u,v lot 81 block IA for S721 IN