Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-04-26
FEATURES OF TRADE.
How Real Estate Sales Could Be
Increased Here if the
SELLER WOULD MAKE CONCESSIONS
Owners Realize the Great Possibilities of
Central Property.
THE DRIFT OF HONEY AND SPECULATION

The failure last week to sell q piece Of
downtown business property, because the
owner refused to "split the difference, u
about So, 900, with the buyer, is significant
as showing that owners realize the posi-.
bllities of central property, and see no rea-
| son for making concessions. Whether they
are right or wrong in exacting their own
terms Is their own business; but it is certain
that more sales would be effected if buyers
were humored to a reasonable extent. 1t
cannot be denied that property-owners have
| right to ask what they choose, and that
they are pursuing this course must be taken
as sign of confidence on their part rather
than an indication of fictitious values. If
the latter were true, the bottom would soon
| fall out of the market.
Yesterdays Building Record
Yesterday was a fairly good day in the
building line. Twenty-Five permits were
issued for &c Improvements, all estimated to
cost Sol, 565. Those of greatest value are:
Frank B. Cameron, brick dwelling on
Forty third street, Seventeenth ward, S3, 800:
j. S. Seaman, brick dwelling ON Forty third
street, Seventeenth ward, $500; w. & R.
McAdams, brick dwelling and store on
Fifth avenue, Fourteenth ward, So, 500; Mrs.
c. j. Aiken, two brick dwellings on Cas-
tleman street, Twentieth ward, $4,000;
estate of W. E. Steiren, brick dwelling on
Victoria ST., Fourteenth ward, 81 600; G.
W. Allyn, brick dwelling on Forbes street,
Twenty-second ward, 50, 800; Z. Fl. Stoney.
frame dwelling on Industry street, Thirty
first ward, $3.50.
Special Features of Trade.
General trade was of good proportions
Yesterday. There was noticeable increase
in street traffic owing to favorable weather.
lateral as well as a main sewer is in
volved in the proposition upon which
Wilknsburgers will soon vote. There was
considerable opposition at first, but it has
almost entirely disappeared.
Application will be made May 10 for
charter for bridge from Woods Run to
McKee's Rocks. s. B. Schoyer is one of the
The Harter Banking Company. Canton, O.,
Will soon begin the erection of a three-story
stone block Tor banking purposes on East
Tuscarawas street.
Presbyterians of Grove City will during
the summer erect a church at a cost OF
$4,000
The First National Bank of Williamsburg
will begin business tomorrow. The directors
made this announcement on Saturday.
On Change yesterday morning Vice Presi-
dent A. A. Adams announced the death of
Mr.. John NJ. Horner, the Oldest member.
After brief eulogy by Mr.. John d. Bailey,
a committee, Henry NJ. Long, John D. Bailey
and w. Muslin. was appointed to draft ap-
proprlatc resolutions.
The New York Exchanges will close at noon
tomorrow. Governor Flower having ap-
proved the act making that day legal holi-
day after the hour of II O'Clock noon, when
the cornerstone of the Grant monument
will be laid.
The annual meeting OF the Southside Gas
Company will be held Monday afternoon,
Maya.
Movements In Real Estate.
There was rumor yesterday afternoon
of a deal in acreage on the Southside involv-
ing $6o.o00 but it could not be verified.
The statement that the sale of the O'Leary
and Buffum properties to the Sixth U. r.
Church was consummated without the in
tervention of an agent is incorrect. Both
deals were managed by Mr.. Thomas Nc
kee.
/; The Hodgson estate at Ingram, on the
Panhandle Railroad, has been subdivided
in a short time through the agency of Morris
& Ncsbitt.
H. NJ Pollock sold for the Laurel Land
Company another nice lot, 40xlsO, on Laurel
avenue, Ben Avon station, Tor 500.
Black & Baird sold to Cora Sim pson two
lots in the T. A. Gillespie plan. on Heron
Hill, beins Nos. lsl and le2, for $50.
3. J. Williams sold for the Armenia Insur.
nnce Company four lots on Mt. Washington.
Terms, private.
L. I. Schaffner sold to James A. Brown a
four room frame honse, lot 25x75, No. 90
Freeiand street, near Allen avenne. Thirty
first ward, for Alanson Wilcox for 81 250
cash; also placed two mortgages of $1,000
each on Beltzhoover borough properties;
also, sold to Charles OFT two five room frame
houses, lot 2lX160, Brownsville avenue, near
head of Knoxville Incline, Thirty-f1rs ward,
for Thomas Brewer: consideration withheld.
The Burrell Improvement Company re.
port the following sale OflotS at KenSinoton
Martin Gmis, lots 50 and 81, block l, 1922 so;
Joseph Kowtoorcyk, lot &c. block !, s4sS IS;
Samuel L. Bishoff, lot II, block s, $500
andre Katarzyna Medura, E. II. lot q,
block II, $500.
W A Heron & Sons sold lot No. in
Kings plan on Heron near Wylie avenue,
Thirteenth ward, 20 feet front for $500; street
severed and paved and expense paid.
They also confirm the sale at auction on
Saturday of No. % Sherman avenue, 'front.'
ing Allegheny parks, Tor Sl2, 800, to promi- |
nent Pittsburg business man; brick house,
II rooms in good order, lot 20x110 1eet; alley
in rear.
W. E. Hamnett & Co., Of Williamsburg, sold
a lot on Meadow street, Williamsburg S0xS3, |
for 81, 100 cash.