Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-04-10
TRADING IN LANDS AND HOUSES.
Stocks Recover Lost Ground, but Finish Be-
low High Water Mark.
NO CHANGE IN THE CASH SITUATION

|
tance was consummated. Building was
active. Taking all these things into ac-
count, and considering further that the city
is full Of Improvement schemes of one sort
and smother which will involve the dis
bursement of large amounts of money, it is
manifestly within the bounds of reason to
look forward to a great deal of new business
within the next few weeks.
An Interesting Rumor.
1t was rumored yesterday that the trus-
| tees of one of the city churches were nego-
| tiating for the Price property, fronting 1873
| feet on Colwell street by 81 on Stevenson
street, as a site for a house of worship. A
| gentleman who resides in that quarter said
| he had been informed that the deal was
| closed on Friday at about $4,000. This
statement, while worthy of credit, could
not be further verified, but there is no
| doubt that something of the kind is under
| consideration. 1t will be remembered that
the Fifth avenue end of this property was
purchased a week or so ago by gentleman
who will improve 1t with four good busi-
ness houses. The owner of about 100 feet
short distance beyond the Price property
had tempting offer for it during the week,
but has not made up his mind to SELL
New Buildings Under Way.
Among the new buildings started or pro-
iected during the week are the following:
NJ & r. Walsh, the Southside grocers,
broke ground for ten dwellings on West
Carson street, a short distance below the
Smithfeld street bridge. Mr. A. D. Arm
strong, of the Department Of Public Works,
ALLEGHENY, commenced fine residence on
Perrysville avenue, in what is known as the
Circle. George Thayer purchased for 81, 900
lot in the Heron Hill district, upon
which he will erect four good dwellings
this spring. Major A. j. Pentecost COM
pleted arrangements for the erection of "a
houses at Valleyview, on the CHARTERS Val
lev Railway. He expects to start them
this week. Foundations were laid for three
nice dwellings on South street, Wilkins
burg.
Flew on the Handle.
There was good prospect early in the
past week of a transaction in real estate
that would have broken all records, except
perhaps that made by Joseph Horne & Co.
A gentleman who owns between go and 70
dwellings in one of the suburbs, became
disguised with increased taxation and
bother over street improvements, and call
ing on O Wood street auctioneer gave him
an order to advertise and sell every house
and lot he owned. This was big thing for
the auctioneer, and he at once set about
the W ork Next morning he was instructed
bv telephone to wait little. In the even
ing he was visited bv his patron. who in
formed him that he had concluded to post
pone the sale for a week or two. Finally
he sent word that he had changed his mind,
and would not sell at all. The final act in
this little comedy was a bill by the auction
eer for his trouble and disappointment,
which was promptly settled. This is GER
tainly striking instance Of the folly of
'tf1ying off the handle"
Homes for the People.
Building operations were prosecuted on a
large scale last week. Seventy-six permits
were taken out, representing 95 improve
ments, all 8tibnted to cost S161. .728 Eleven
permits were taken out yesterday for 15 i'm
provements, valued at s15, S65. Those of
greatest value are: James Sammer, three
Eleventh ward, $500; D. J. Kennedy,
three frame dwellings on Kelly street,
Twenty-trst ward, So, 675: E. Salbenbrand,
frame dwelling on Taylor street, Sixteenth
ward g, 240 April promises to do better
than March, which made the best record of
the year, and led March, 1891, by nearly 60
permits.
Special Features OF Trade.
Prof. Phillips has purchased. through the
agency of Morris 4 Aisbitt, the residence of
Rev c. n. Bragdon. at Grafton.
Major A. J. Pentecost is finishing "a houses
at Valley View.
Viewers have reported in favQr of widen
ing Marshall avenue, Allegheny to 60 feet
Several fine dwellings will be erected on
this thoroughfare during the spring and
summer. Among the builders may be men
toned Pro-, jackson, OF the Third ward
public school.
The spring dividend of the Pennsylvania
Railroad will be declared April 80. There is
no expectation that the rate will be less
than per cent, as the road is doing fully as
well as last year.
Allies Bros. 4 Co. yesterday closed the pre-
liminaries involvieg the sale of large
Third avenue property to a leading Thirty
second ward business man.
Lot No. in the Thomas NJ. Marshall plan, |
Tenth waril, Allegheny, 65X2s6, was disposed |
of at private sale during the week to a
Federal street business man, who will i'm
prove with residence which will rank with
the finest. :. |
The price Of the Ohio street property sold
by John K. Ewing & Co. and reported yester- |
day was $25,CoO. not s22, 900, as stated.
Unlisted securities on the Exchange yes |
terday were Chautauqua Lake Ice, 100 bid; |
Union Ice, 49 asked; Motolina Mining Com |
S. j. Fleming received an offer recently of |
$50 COO cash for nearly IS acres in the Twenty |
per acre. The property is situated not far |
from the corner of Forbes and Shady lane. |
Latest Events in Realty.
Major A. j. Pentecost has plotted three |
acres on Marshall avenue, Tenth ward, Al |
lesheny, adj dining the T. NJ. Marshall plan,
which will be put in the market at once.
A. z. Byers & Co. sold for Otto E. Heine-
man to Edw. A. Hess, OF the above firm, lot |
No. 81, fronting 36 feet on Harrison avenue;
also lot No. $50, corner Ohio and Florence
avenue in the Northside Land Association
plan. borough of West Bellevue, for $780,
they also SOLD for G. G. Benedict, Esq, of |
Chicago, to n prominent business man of AL
legheny City fots Nos. L. and in block 1,
Wheeler & Petty's subdivision, Chicago ILL.,,
S5y l20 feet for 50 900 cash.
The Burrell Improvement Company re-
port the following sale OF lots at kensington:
Jean Babtis Frederick, Midway, Pa, lot As,
block Is, for s525; Salvatore and Givanni Con-
10 feet north, lot 5s block 4, for $6O7 30;
Joseph Weidga, Pttsburg, lot 43, block IA,
for S722 80; Stanislaus and Frank Pasnislli, |
Pi.tsDurg, north half Of lot II, block 8, tor |
S5I5; Salvatore and John ContanZaro and |
Leonardo and Joseph Bordanaro, Tarentum,
lots % and %, block l5 for 81 062; Milon Forr
ester, Natrona, Pa, II. H. lot 81, block 8, for
Krrtowski, north 20 feet, lot D. block 9. for
$3.50; James L. Duff. Brookville, Pa lot 80,
block l3, for s637 so: Salvatore Catanzaro &
Co, Mckeesport, parts of lots IS and SO, Tor
$759 SS: Frank Machafewski, Pittsburg, lot
So, block !. LOT s43s 70: Robert Kennedy, lot
40, block H. fo- s74S IS; Robert Martini lot ll3.
block l5 for S35V; Thomas r. Murray, lots ll9
south 20 feet, lot IL, block 9, for $37b; Carmine
and Antonio Chiorille, lot g. block ], for $500
cash: j. Stefan. south half lot 36 block g. for
sS7l IS; John II. Bee, Big Ran, jefferson
county, Pa, lot 30, block 8, for s7s7 so.
Liggett Brothers sold lots %, 60 and 81, in
ohm Braun Tor s., ,25O
Morris & Aisbitt sold for the Eureka Land