Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-01-03
A PENN AVENUE DEAL.
Sale of the Woman's Christian Asso-
citation Property, Involving
TWO slX-STORY BUSINESS HOUSES.
Acreage Tracts in the Fast End Change
Hands and More on the String.
SoUTHSIDE PROPERTY PICKED UP

The year opens with satisfactory evil
dences of a speedy revival in general busi-
ness. These are found in railroad earnings
and dividends, large exports, stronger
iron and plethoric money market. The
statement of exports for November was the
best ever issued, and that for December is
expected to increase. still further the favor
able balance. In regard to money, if there
is any section of the country suffering for
it, it is not because there is not enough to
go round. Viewed from any standpoint,
there is good reason for entertaining hope
full views of the year which has just opened.
Pittsburg industries have never occupied
stronger position than they do st this
time.
Another Penn Avenue Deal.
Among the largest reported transactions
in real estate during the week was the sale
by Black & Baird for the Woman's Chris
tian Association to W. II. Keech of the
property No. 929 Penn avenue for $50, 500,
spot cash. 1t consists of lot 21x1o0, with
three-story dwelling, which will be torn
down and replaced with new six-story
business house. Mr.. Levi Wade, who owns
the adjoining property, will combine with
Mr.. Keech and erect similar building on
his lot. These buildings will be commenced
Immediately after the expiration of the
leases April 1.
wy1ie Avenue Values.
A correspondent desires information In
regard to land values on Wylie avenue.
They vary according to location and sur
roundings, as they do everywhere else. On
the lower part of the avenhe, in the Court
House district, ground is held at about 500
foot, and on the upper part S40O is close
to the proper figure. Sales on this
thoroughfare are of rare occurrence, and
the amount of property on the market is
limited. 1t is largely held by estates.
General improvement schemes are on foot
for consummation this year, one of them
being large apartment house.
Transactions in Acreage.
It was mentioned few days ago that
there was an active demand for acreage in
the East End. Proof of this is found in the
fact that two deals in this kind of property
have been consummated within week.
Kelly s. Rogers sold an acre tract in the
Nineteenth ward for $50, 600. They were not
in a position yesterday to give particulars,
but said the property would be sub-divided
in the spring. The other sale referred to
involved between five and ten acres in the
Eighteenth ward, but the price could not
be ascertained. Several acreage deals are
on the carpet short distance down the
Fort Wayne Railroad. one of which at
least will probably be closed in few days.
A Southside Transfer.
During the week Peter Auen sold to r.
F. Walker 135 feet on Bingham street.
n near oo9tn In,r'eentn ano Marses squuce,
Southslde, with three brlck buildings, for
$50, 900. This property almost adioins the
site of the nronosed market bouse and as
80 ;nop.pt Ill - 80 L,
'na' III inhpio'Sine' VIZ nv uoIUt InuahSe
yaines In the locality. Mr. walker evl-
IDENTIFY had an eye to the future In making
the purchase.
Oh" "o"''P'
Business was rather slow yesterday, but
there were no bad influences at work save
those of the holiday aftermath and bad
N
"eatner.
There IS less ia TX OF the fractions as mar
ket leaders than a month or two ago, but
they NAV furnish some surprises before
long.
IT, ,,d.r.+ood +b. ,-;o. n,,a eo, 49,.
Lon uerbausb property on Wood street. Wilk.
insburg, was $3.50 foot. This beats the
Q cord.
The total transactions of the New York
III X
change for the wear 1891 were: 77.leoeIo
shares stocks; $50, 10000 bonds; 2,04725O
shares mining stocks and H.5oO,ooo barrels
Oh; E.iob,er g 70 b.ve nnrc,.s.o orornd
and viii erect a MISUNDERSTANDING plans on
Locust street next spring. g.
Five building permits were issued yester-
day, aggregating S3,675. The two most i'm
portant were for 81, ,OGO each.
A radiator trust has been formed in De-
troit with a capital of So 500 900.
On call Yesterday Duquesne bonds were
offered at 90 interest Off and the same was
bid tor BIRMINGHAM bonds. There was no
bid OF offer for Duquesne stock Electric
scrip was offered at 80.
New York was strong yesterday, but Chi
Amercan eeoS pstrict m s Telespcph Gomn.nv % sse
TIere sne VOC q sbarn oSyence in Tao+rrs.
yesterday. Considerable of this stock is