Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-06-25
CITY REAL ESTATE.
An Eastern Firm Secures a Good
Stand on Seventh Street.
NEW BUILDING SCHEMES
Good Offers for Property in East Liberty
Declined With Thanks.
CHARTERS PROUD OF IT'S NEW BANK

Sons yesterday leased for long term of
years to an Eastern firm the large new
building ON Seventh street, near Penn,
lately finished and owned by Mrs. Ross, Of
| North avenue, Allegheny. It will be occu-
| pied as furniture and general installment
house. In regard to business stands men,
| Der of the firm above named said: "While
large, old style structures are occasionally
hard to rent, good, new, modern ones in fair
locations and on long leases are in good re-
quest. Owners would run no risk in put
| ting up buildings of this kind. They would
be sure of a fair income on long leases"
Fresh Building Intelligence.
Building is going forward satisfactorily.
Something new in this line transpires every
day. W. A. Heron & Sons yesterday sold
100x2O0 feet on the south side of Center ave-
nue., adjoining the fine residence of w. H.
Keech, to a prominent business man for
Sl1, 900, including cost of street improve
ment The purchaser will improve during
the season with dwelling which will rank
with the finest ip that locality. j. B. More
land, the East End undertaken, is erecting
three elegant houses on North Highland
avenue, near Penn. They will cost about
S160 900. Robinson & Kennedy are the con-
! tractors. Fox & Watkins are finishing a
| block of 10 brick houses on Rippey street,
near Highland avenue. They are negotiat-
ing for several acres in the Highland Park
district, Nineteenth ward, with view to
the erection of considerable number of
handsome homes 1t is said deal is on for
four lots on Kelly street, Williamsburg, ad-
joining the Third ward school house, the
object of the possible purchaser being the
erection of foul. houses of a character SINH
lar to those standing on that thoroughfare.
Ready for Business.
Yesterday President Pickergill, of the
First National Bank of CHARTERS, received
telegram from the Comptroller of the Cur
rency at Washington to the effect that the
charter for the institution had been granted.
As this result had been expected quarters
were secured q week or two ago and hand
somely fitted up. The bank will be open
to visitors from 1880 to $50 this evening.
1t will be ready for business Monday morn
ing. Citizens of the borough are highly
elated over q consummation so long wished
for. The bank will not only be great
convenience to business people, but it will
add to the Importance of the town. No
community in this country is complete
without bank and newspaper. 1t took
the CHARTERS people several months to work
up the proper sentiment, but when the
time came the stock was taken in jiffy.
Twice the amount could have been placed.
There is every indication that the bank
will start off with swing that will place it
at once on the high road to success. Its
checks will be made payable through the
Pittsburg Clearing House.
Values in tho Hub.
There is an urgent demand for property
in hot 10 ha hnh nf at
Liberty. This Is . business quarter ex-
clusively, and, as might be expected, values
are pr city steep and very strong In fact,
so con fident are the owners of future ad-
vancement resulting from commercial de-
velopment, that in most cases they refuse
to name figures for their holdings One Of
them said yesterday: 81 do not care to sell,
for no matter what price l could obtain, I
know of no investment having such possi-
bilities as the property ITSELF" Several
good offers have been made within a week
and refused. L H. Coleman & Co. made
bid of s1S,50 for Is feet frontage on
Frankstown avenue, near Penn, but it was
not entertained. Kelly & Rogers offered
S17, 900 for II feet, occupied by Mr.. Acker,
on the same avenue, but received no en-
couragement. These are facts which buyers
would do well to consider. It seems clear
that they must accept the situation.
Yesterdays Building Permits.
Seven permits we're issued yesterday for
II Improvements, aggregating in estimated
value S56, ,057. The largest are: Vilsack,
Friday & Breil, seven stone end brick
dwellings on Ellsworth avenue, Twentieth
ward, $40, 900; Alexander estate, three brick
dwellings on Boyd street, Sixth ware. s., 900;
John Martin, brick dwelling on Lincoln
avenue, Twenty-frst ward, So, ,657, Michael
McNally, thr ee franz dwellings on Bates
street, Fourteenth ward, 90, 600; J L. Davis.
brick dwelling OF Ward street, Fourteenth
ward, s., 500.
Special Features of Trade.
The First National Bank of CHARTERS will
be opened Tor business Monday morning
next
Baker & Co.. the East End real estate men,
are conducting deal for about 5000 acres of
coal land situated In Indiana and West
moreland counties. They represent one of
the prominent coal companies of Pfttsburg
Dividends recently declared by the West
$500, ,OoO
President Roberts, OF the Pennsylvania
Railroad, who sails for Europe next week,
hes nna is mot going on
officers and directors Of the Germania Saw
ings Bank, the following we're chosen:
Joseph Abel, President; A. E. succop, Vice
Wilker, Treasurer: L. H. Moekel, Book
keeper; G. w. Guthrie, Solicitor. Directors,
A. Groetzinger, John F; Havekotte. Charles
F. Schwarz, Peter Keil, Christian Siebert,
H. H. Niemann and william Neeb.
1t WAS reported yesterday that the Du-
quesne Traction PEOPLE had sold their long
cars, about 40 in number, to the Boston
Elevated Railroad Company.
A special meeting OF the Pittsburg Stock
Exchange will be held next Tuesday to vote
upon the question of closing the Exchange
from Friday afternoon, July l. until Tues
dav morning. July 8.
The regular monthly dividend of per
cent or 10 cents on each SHARE declared by
the directors of the Enterprise Mining Com
pany, is payable July 5.
Additional Points in Realty.
j. +. Glass sold for j. G. Dick two new
frame dwellings on Shetland avenue, near
Park avenue, lot 45xlOO feet, for Sll, ,OOO
Baker & Co., East Liberty, sold lot 3Oxl20,
on Aurelia street, near Denniston avenue
for 81, 500.
Black & Baird sold lots Nos. II, 12. l3 and
a. in the Adam Roll plan in the Twenty
second ward, each 40 Ieet by about 100, on
Kensington street. to Miss Davis, for 81, 400.
John X. Ewing & Co. sold co A. c. Shoddle
q lot 40xlss feet, on Perrysville avenue. in
the Mayfeld subdivision, Tenth ward, Allie
gheny, for 81, 400.
Reed B. Coyle & Co. sold five more lots in
their Glenmawr Park plan at Haysville, |
Nos. IS, Sc, 81, So and So fronting 150 teet on |
Merwyn avenue by Ito feet in depth, for $3.50. |
Hoffman & Baldridge sold lots Nos. 2lS, |
244 and 245 in the Swissvale Place plan, |
Swissvale, 25xl40 feet each, tor 1915.
Peter Shields sold for the Scheniey Park |