Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-05-28
THE TREND OF TRADE.
The Country Growing Stronger
Through Practice of Economy.
REASONS FOR HOPEFUL VIEWS.
Activity in Building Shows the Reverse
of Dull Times in Pittsburg.
FEATURES OF MONEY AND SPECULATION

to meet sanguine expectations, and while
the evidences of a speedy revival are by no
means clear, transactions have been, and
other year In the history of the city, with
the single exception of 1890 As rule,
dullness arises from the povert V of con-
sumers. This is not now the case. Farm
ers all over the North and West have
greatly prospered, and in so far as they are
not spending what they have made the
country is gaining strength through the
general economy which is being practiced.
The easy condition of the money market,
the absence of calamity rumors, and the
large measure of confidence in the future
entertained by the people, are good reasons
for entertaining hopeful views. Good
weather alone is wanting to impart for
ward impulse to all of the special activities.
Homes for the People.
Activity in building furnishes complete
reply to the crv now and then heard of
dull times in Pittsburg. In spite of the
fact that operations in this line have had
to contend with almost continuous rain, the
record for the five months at hand shows q
handsome increase over the corresponding
buildings erected. The figures to date show
that permits have been issued for upward
OF 800 houses, the large majority being
dwellings, the estimated cost of which is
not far from 81, 500, 900. Buildings are of
better class than usual, as shown by their
greater costa fact that speaks we'll for the
prosperity of the community. They are
pretty evenly scattered. denoting a pro-
gressive movement in all quarters of the
city. In Pittsburg proper the Nineteenth
ward heads the procession. Mt. Washing
ton leads on the Southslde, while in ALLIE
gheny the Pleasant Valley district carries
the banner. In 1890, year of great ac-
tivity, fear was expressed that the city
would be overbuilt, but this turned out to
be false alarm. Small and medium sized
dwellings, flats and stores sell as readily to-
day as ever Pittsburg is growing at
ratio to absorb new houses of the right
kind almost as fast as they can be finished.
Yesterdays Building Permits.
Eleven permits were issued yesterday for
- improvements, the total cost aggregating
S26 $40. The most important are: Jacob
Bawman, brick store and dwelling on Wash
ington avenue, Tbirty-trst ward, 81, 100;
Mrs S. Hitler. two frame dwellings on Ed
mund street, Twentieth ward, So, 900; Mary
j. English, frame dwelling on Rural ave-
nue., Nineteenth ward, $1,000: J. D. Capell,
brick dwelling on Lang avenue, Twenty
first ward, S7.70O; August Lippel, frame
dwelling on kipes alley, Twenty-seventh
ward, 81, 500.
Special Features of Trade.
The capacity of the tin plate plant at Will
kinsburs is to be increased by the erection
of an additional stack.
The New York Produce Exchange ad-
journed yesterday afternoon till Tuesday
morning on account of Decoration Day.
For the third week of May, Buffalo,
Rochester and Pittsburg Railroad earnings
increased S5 129.
Brushton Council has voted to erect a hose
tower rs a further protection against fire.
w. A. McClung, tobacconist, has about
finished the foundations for three brick
dwellings on Atwood street near Bates.
Peter Shields has sold 20 lots in the Green
field avenue district since January /.
Baxter, Thompson & Co. were engaged
yesterday in closing an important deal near
the city.
In Boston interview Mr.. Westinghouse
said the electric company was doing a snug
business and had all the money it needed.
He added: "We have another factory in
view which we expect to lease and be ope-
rating very soon."
Andrew Caster closed the sale of $4,000
Allegheny County Light 9's ut about lO3 and
interest.
The New York Stock Exchange has listed
$40 900 additional first mortgage per cent
DOnuS OF the MOnOnS3nela RIVER RallrOaQ
and $1,000, 900 second mortgage per cent
bonds of the Pittsburg and Lake Erie Rail-
road.
Additional Points in Realty
At meeting of the Munhall Valley Land
yesterday report of 1893 lots hav-
ing been sold up to date was made, the |
amount reaching over $4,000.
the following transfer OF date May % ap- |
pears in the court records: William Shera-
den to Sheraden Land and Improvement |
Company. Linn, % acres in CHARTERS town.
ship. S2S. .72s.
J. E. Glass sold for A. L. Watkins to T. W. |
NtcCune lots 81 to So inclusive in the Ingram |
Villa plan, for $500.
Black & Baird sold to William J. Moore for
Adam Nogtman, a house and lot on the west |
side of Deary avenue, near Lincoln, East
End, for Sl.s00.
d. Behen & Son sold for 7. A. Bell to John
Wesley, through Murry & Edsell, a lot 25xlOO
eet, with a modern frame house, ON the
corner of Wylie and Wandless Streets Thir-
eenth ward, for So 600.
George Schmidt sold to John A. Deemer
dwelling on Lookout avenue. on
ot No. Ia III his Eureka place plan, Oak
and for 50 O00.
James w. Drape & Co. sold a house and lot
lear Murtland avenue, East End and Il lot
IN Prather avenue or 50 Us: also cola teral
interest in a property in the suburbs of ST. 900
ash.
Howard Brown placed a mortgage of 81, 900
N unimproved property in the Eleventh
yard, Allegheny, near Jacks run, for three
ears, at per cent
The Burrell Improvement Company report
he following sale of lots at kensington:
Inthony Rabaunis, lot H. block l. $780,
Imelia III. Erdman, lot 4l9, block a. 1922 30:
allen tine Greb, Is feet south of lot ID and 8
eet north of lot l6, block O. $l,50S; Mrs. r. Il.