Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-01-23
CITY REAL ESTATE.
Two More Small Parcels of Fifth
Avenue Property Picked Up.
A LANDMARK UNDER THE HAMMER
Brokers Think That Rents for Dwellings
Will Change but Little.
FEATURES OF HONEY AND SPECULATION

Fifth avenue, changed ownership yesterday,
Mr.. j. M. Hoeh being the purchaser, at
figure close to 200. 1t consists of lot
25x1s5 and three-story brick dwelling and
storeroom. The purchaser will fit it up in
modern style for business j. B. Larkin &
Co. sold to II. L. Osmond No. 461 same
avenue three-story brick, with lot 20x9O
to an alley, for $4,000. These sales, though
unimportant in money value, are significant
as emphasizing the statement that Fifth
avenue realty is looking up.
Another Landmark Doomed.
The Marshsll-Kennedy Touring mill
property will be offered for sale'at auction
by J. b. I.arkin &; Co. February II, due
notice of which will be given by advertise
ment in THE DISPATCH. This property
has an interesting history. 1t has always
been used for its present purpose Old
Pittsburccrs will remember it as the Will
marsh s. Noble Touring mill. That was 40
or 80 years ago Then Liggett & Lindsay
took charge and changed the name to that
of the City FIGURING Mill. In the early
part Of 1870 it passed into the hands of
Marshall, Kennedy & 60, by whom it was
operated until their removal to their new
plant in Allegheny short time ago. 1t is
not only ian mark in Pittsburg. but is
known 10 almost every farmer in Western
Pennsylvania.
leases and Rents.
Many new leases are being made to go
iato effect next April, the annual moving
day in this city. In most cases where
business property is involved, they are in
advance of the old or present rates. This
results from the scarcity of stores and ware
houses A gentleman recently burned out,
said Yesterday he had so far been unable to
secure another stand. The renting season
for dwellings will soon open. Indeed, there
is already considerable hustling in this
direction Small and medium-sized houses
are scarce, both in the city and suburbs.
Reports from nearly all the surrounding
towns are of the same tenor. Thereappears
to be 10 unusual pressure for large, high
priced dwellings. Brokers are still of the
opinion that rents will not be materially
increased this year. They think advances
will be confined to few districts which are
particularly favored in location and trans
oo;iation facilities.
Isusinsas News and Gossip.
The scheme for erecting manufacturing
plant on Nine-Mile run, near Browns sta
ton. Gas fallen through.
The Knoxville Land Improvement Com
pany reports brisk demand for property in
its territory and many building schemes for
consumma tiun in the spring. knoxville is q
progressive place.
4 company has been formed at Connells-
vile to build an electric railway in that
place seven miles long. j. W. Reed is Pres
ident, and the capital is Sl0O 600.
The estimated amount OF lumber on hand
IN the yards in Pittshnrg and Allegheny
county December II, 1891, was 10000, 600 feet.
The aannai sales i'll the territory named
reaches $50. 100 COO fsat, and the caritahinvcs
ed is about 81, 80 O00.-4-SoM1eyn L,:nabermnn.
The Pcnnsvlgan;a Railroad port for 1891,
which * now haing compiled, will show. so
il is reported, over per cent earned on the
stock.
Mr. E d. Constock chief clerk in the pas-
seHger department OF the Pittsbnrg. She
mango and Lake Erie Railroad, spent Thurs
day and yesterday il? Pittsburg in the inter-
est of his company. He left with good i'm
preston of the city.
:. Phi!auelphiG Gas yesterday presented the
somewhat GaGsual aspect Of weakness in the
face of q good demand. Shorts were cover
ing.
ing will be ready for occupancy by April l.
The Chamber of Commerce VIII occupy its
old position on the second floor
1t was stated yesterday that interest on
Electric scrip will be paid in March.
Two building permits were issued yester-
day, aggregating 2,s5O
Movements in Realty.
Reed 3. Coyle & Co. sold for Mrs. Annie
\. Da-:son, lots Nos. and in the Coinlngo
plan. Fourteenth ward, situated on the cor
ner OF Dithridge and Bsyard streets, for
$500. The purchaser viii make some fine
improvements the coming summer.
E. T. Schaffner sold to Frank Schneider for
Jacob Horn, a frame house Of four rooms
and attic, with lot 25x125 feet No. l4 Climax
street Thrty-first ward, for 81 500 cash.
Black s. Baird sold to Fred Boelruanr lot
No. 10 in the JOAN Herchenroe.Ger plan,
Spring Garden borough, fronting "a feet on
Spring Garden avenue by depth OF 81 feet
to Gebbert street, fer $IG0 cash.
James W. Drape & Co. sold house and lot
on Federal street, above the parks, for
5000, and closed the sale of three lots close
TO PerTySvile avenue. Second ward, Alle-
gheny, for S., ,000: also a collateral interest in
q fine property at Sheraden for 81 800. and
the same in three properties in Mckeesport
for Sc, 600: also grocery stock at Charleroi
for price approSimating $780,
S. A. Dickie & Co. sold for l.. NJ. AnShutz to
George A. Morrow n lot on Stanton avenue,
east of Highland, a0xs0 feet, for $3.50. Mr..
Morrow intends to build at an early date.
ID. Behen & Son sold for Josephine G. Boyd
to L. A. Jiles for 81 600, honse and lot corner
Cabinet and Canoe alleys, Sixteenth ward.
". +. Hamnett & Co. sold lot e9x125 on
Center street, Williamsburg, for 200.
W. A. Heron Sons sold lot 30y1l5 feet
gheny City. with a three-story brick dwell
the purchaser prominent business man of
Ia