Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-05-15
TRADE OF THE WEEK.
Business Not Bad, but Held Down by
Pr0tracted Wet Weather.
SALES OF RESIDENCE PROPERTY.
New Building Plans Coming Forward and
Cid Ones Materializlng.
OAKLAND DISTRICT AND RUCH HILL

OAKLAND DISTRICT AND RUCH HILL
| During the past week there were no note
worthy changes in the business situation.
Responding to the demands of the season,
the volume of local trade expanded little,
perhaps, and there was a slight improve
ment in the demand for bank accommoda-
tions. Figures furnished by the Clearing
House show a gain of about $500, 900 over
the corresponding week year ago. Build
ing operations were prosecuted with energy,
and results were satisfactory, but real est ate
was somewhat sluggish being Handicapped d
by wet weather and muddy roads There
were no calamitous events to'impair conf
dence in the future. For Presidential
year business is exceptionally good.
Important sou,hside Deal.
The firm of A. P. Weidman & Co. sold
through s. W. Black & Co., yesterday, 60
feet of ground, located on Carson street, be-
tween Twentieth and Twenty-frst streets,
for SIG, 900, to the Mechanics Hall Associa-
tion of the Southside. They will erect on
this lot, within the year, a handsome four
story brick and stone building, with elegant
storerooms on the first floor. The second,
third and fourth floors will be fine halls. The
| building will be fitted up throughout with
the latest modern conveniences, including
elevators
| VIII Build Fourteen Houses.
Mr. j. c. Dick will in a few DAYS break
ground on Shakespeare street, near Penn
avenue, Twentieth ward, for eight tenement
| houses, to be finished as soon as possible.
| The same gentleman will soon begin the
| erection of six frame houses between Lin
| coin and Frankstown avenues This is
| good way to show confidence in the future
of the East End. AS denoting the condi-
| tion of the lot market, Mr. Dick reports
that he has disposed of the entire Brown
estate sub division, 104 lots and that be-
tween 40 and 80 houses have been erected
by purchasers. There is nothing discour-
aging in this.
The Oakland District.
Oakland avenue and Atwood street prop
erty is looking up by reason of the many
fine improvements Just completed and under
way in the territory. Captain j. j. Wander
grift has finished a very handsome residence
on Oakland avenue in full view of the park.
Mr. j. C. Schafer has moved into his white
stone front residence on the same street.
Miss Mary Marooney's s fine residence, in the
same neighborhood, received the finishing
touches last week. Mr.. C. T. Ahlers has
commenced the erection of two brown stone
front dwellings on Atwood street. They are
the first of the kind in the Oakland district.
William McClurg broke ground yesterday
for four nice houses on Atwood street. These
and other undertakings clearly demonstrate
that the Oakland district is in high favor
with home-seekers who have moderately
plethoric pocketbooks.
Sales of Residence Property.
Several handsome residences changed
ownership during the week, showing an at
least fair market for this description of
property. Baxter, Thompson & Co. sold
for the H. P Reymer estate, No. 263
Webster avenue, Allegheny, lot 49, sx12O,
with a two-story brick dwelling OF nine
rooms, at figure close to $4,000. w. C.
Stewart sold one of the II. S. A. Stewart
houses, on Hays street, near Negley avenue,
to Mrs. Lucy D. Montgomery for IS, 500
cash. A nice rural home at Ellsworth
passed into the possession of an Ohio street,
Allegheny, business man at Price approx
mating $4,000.
Coming to the Front.
Old citizens know what Ruch Hill was,
but few know what it is. Under the direc-
tion of Baxter, Thompson & Co. it is be-
coming one of the most attractive and inter-
been opened and improved, city water in.
troduced, and an elaborate system of sewer
age devised. Ground for the main sewer
will be broken tomorrow. Twelve houses
were started on Thursday. As soon as
these are finished II more will be COM
menced. The entire square on Addison
street, between Barr and Ashland, will be
built up this year. All buildings will be
set back a uniform distance from the street
=
further advantage offour rapid transit lines.
Homes for the People.
The building record for last week was the
best OF the year. Seventy -one permits were
taken out for 120 Improvements, costing,
agreeablv to estimates, S297, $50. The i'm
portant ones are: j. H. Watt, four stone
and brick dwellings on Mcpherson street,
Twenty-frst ward, SIS, 900; same, two brick
dwellings on Linden avenue, Nineteeth
ward, 4,G00; w. H. Thackeray, brick Office
on Fulton street, Eighth ward, 50, 500;
Charles p Theis, frame dwelling on Rosetta
street, Nineteenth ward, 1926. Accord
ing to the Building Inspectors report,
issued during the week, the number OF
houses for which permits Were taken out
the first quarter of the present year. is 737,
the cost of which is estimated at 81 3S4, 1856.
The Twenty-frst ward led in number, 67,
and the Twentieth in value, S17S,O44. This
is considerably ahead of the corresponding
quarter last year, and shows that this line
of business has recovered from the prostra-
tion caused by the strike.
Special Features of Trade.
Finishing touches were given to the MINI
ick-Warmcastle deal yesterday. AS stated,
SIS, 900 was the consideration.
Cars on the Greenfield avenue branch of
the Second Avenue Electric Railroad will
commence running to-day, and will take
passengers to within a few feet of the main
entrance to Schenley Park. The cars fare
will be 5 cents from the city and not 10 as
has been reported.
The schenley Park Land Company has
finished e1cavating for eight honses on their
plan in the Twenty-third ward. Work is
being pushed as fast as possible on Senator
Flinn's houses in the same locality.
Viewers met yesterday afternoon on Irwin
avenue to look over the ground and consult
with owners preparatory to the improve
ment of that thoroughfare.
Julius +. Stark before call yesterday sold
200 shares of Birmingham Traction stock
at 2S13.
600 out OF 0,C00 miles of railway mileage in
the country. show total gross earnings for
April OF sfl, 730, 900 an increase of 81 per cent
over April 1891
X. Vankirk has acquired es acres, with
improvements. in Elizabeth township, for
IS, 400.
Larkin & Kennedy are working on several
good sized deals, which they expect to close
in Il few days.
In New York yesterday stocks were ir'egu-
lar, but declines were in the majority. 1t
was the regular Saturday slump.
Additional Points in Realty.
Black & Baird sold for II. II. Stephenson,
of Oil City to John C. Schaefer the we'll.