Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-05-21
A LIVELY QUARTER.
Rapid Transit Beginning to Move
Things on Greenfield Avenue.
A NICE RESIDENCE PICKED UP.
Oil Dealers Combine to Purchase Land at
the National Capital.
FEATURES OF MONEY AND SPECULATION


Rapid transit on Greenfield avenue, max
ing access to and from the city easy and
cheap, has greatly stimulated the lot mar
ket in that quarter To meet the increased
demand a new subdivision will soon be
placed in the market. Building is being
pushed forward with great vigor Senator
Finn is maturing q scheme in this line
which ranks with the most important con-
ceptions of the season. The B. s. o. will
soon begin series of improvements which
will add materially to the beauty of the To-
ca1ity. A few months ago Greenfield ave-
nue. was "back NUMBER Now it is full
of vim and progress. Rapid transit works
wonders.
Sale of East End Properly.
Mr.. P. c. Duffy, proprietor of the Old
Battery, on Grant street, has purchased
from the Schenley Park Land Company,
L House residence property in the Green
field avenue district for $1,000 1t con-
sists of about one acre of ground and a sub
stantial house of IA rooms. The purchaser
will make some changes in the place and
occupy 1t as summer residence.
New Oil Combine.
A syndicate has been formed in this city,
the principal member Of which is Mrs. NJ.
V. Taylor, the Queen of the oil trade, for
the purpose of purchasing large tract of
land adjoining Washington, D. c., on the
northeast and on the line of the Baltimore
and Ohio Railroad. The majority of the
syndicate are Pittsburgers The others are
residents of Oil City and Titusville. All
are engaged in the oil business. 1t the deal
be successful, of which there is no reason
able doubt, the land will be sub-divided
and improved some what after the manner
of the East End of this city. 1t belongs to
an estate, and has only recently been put
in the market 1t is valued at upward of
100000
Handicapped by Bad Roads.
For the past two or three months sales of
real estate have been impeded by the re-
luctance of buyers to wade through mud to
look at property. Every real estate broker
in the city knows this to be fact. If
made accessible by good roadways and rapid
transit facilities, neglected districts would
soon be built up, with the result of larger
to the city.
Yesterdays Building Permits.
Six permits were taken out yesterday for
the same number of improvements, all esti-
mated to cost SIG, $50. The most important
are: Thomas NJ. Ulam, brick stone front
dwelling on Wallingford avenue, Twentieth
ward, Sc. 500; Mrs. Samuel Schaffer, brick
dwelling on Park avenue, Twentv-frst
ward, So, 400 Mrs. L. Y. Frederick, frame
dwelling on PEBBLES avenue, Twenty-second
ward, 81, 500.
Special Features Of Trade.
Upwards of 100 parcels of township prop
erty have changed hands in the last three
Abundance of home money is crowding
out the Eastern article, much of which is
seeking employment in the West.
Damage caused by the floods will open up
many new avenues for the employment Of
idle funds.
Three good-class dwellings will be erected
On the Devore lot, facing Rebecca street,
Mrs Sarah jackson has purchased for
50, 600 a lot 40x120 on Academy street, Mans
ield, upon which she will erect a handsome
brick dwelling
Railway bonds are in good demand and
firm. They are absorbing a great
ieaI of money for which no other use can
De found.
banks were incorporated with an aggregate
capital of $l7, 10000.
There is talk of removing Westminster
College. at New Wilmington. Pa, to a site
National bank statements, now being pre-
pared, will show the largest aggregate of de-
posits ever held by them.
J. Il. Patterson sold yesterday SIC, 900 Dir
mingham Traction bonds at 10l15.
In Philadelphia yesterday Pittsburg and
Traction, which has been listed
here, was quoted at .7es@21H.
The NJ. E. Church property, corner Smith
1aI1 etraPt and Seventh hQq hpan
from sale.
Additional Points In Realty.
Among transfers just recorded and not
previously recorded are: Charles Runnette
o Sarah E. Datz, lot Negley avenue, Nine
eenth ward, 81 feet front, for Sc 600. George
". and E. j. Biggs TO Frank S. Fox, lot Web
ster avenue, Thirteenth ward, 40 feet front,
for S5 90O
Reed B. Coyle Co. sold lots Nos 1877, 1ss,
80 and 40 in their Marion Place addition,
Twenty-third ward, each fronting 25 feet on
peer street and extending back l3O feet in
lepth to Gladstone street. for 81, 800.
Black & Baird sold for c. B. lhmsen lots
Sos. %, "a and 25 in the Ihmsen plan in the
Twenty-seventh ward. fronting 60 feet on
Berg street by a depth of 20 feet through to
Iobden street. for 81, SOC cash.
James W. DI1pe & Co. sold house and
OF near the Sharpsburg bridge; also two lots
n Orchard plan for 81, 500: also six lots in
plitl lOT S-UUU. also COL
ateral interest in two pieces of land for
6 900 cash.
The Burrell improvement Company re-
,ort the following sale of lots at kensing-
on: Jacob Wagner, lots 93 and ~. block G.
], $50: David d. De Mott, lots 81, 62, S., "a, IS
nd 66, block 8, 81, ,2C0 cash.
NJ. F. Nipple & Co., sold for NJ F. Hipple to
ohm Liggett two lots each 50X12O feet on the
outhside of Howe street near College ave-
ue, Twentieth ward for price approxiatm-
ng $500. subject to street improvements.
J. T. Glass sold for J. C. Dick, Is lots, each
5N l02 feet with four-room house in the J.
;. Dick plan at Sheraden station for 900.