Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-03-30
PALACES OF TRADE.
Workmen Ready to Begin Operations
on Two Fine Buildings
TO ADORN SMITHFIELD STREET.
They Will Elevate the Standard of Com.
mercial Architecture.
FEATURES OF MONEY AND SPECULATION

Work will begin this week or the first o.
next on two large buildings, both on Smith
field street. They will be constructed Of
the best material, be modern in style and
adaptation to business, and will be an i'm.
portant acquisition to the mercantile archi.
lecture of the city. The two buildings will
cost $3.50, 900 or more.
Last fall George H. Bennett 8 Bros.
purchased a lot next to the north.
west corner of Smithfeld street and
First avenue for about $4,000. The
corner is owned and occupied by Mr.. A.
Mihm. The Bennett lot is 81" shaped,
fronting on both street and avenue. The
work of domolishing the existing building
| will commence at once. 1t has been an i'm
portant factor in the commercial life Of
Pittsburg for more than 30 years. 1t form
new structure will be started as soon as the
old one is out of the way. The plans were
prepared by Architect Steen.
1t will be eight stories IN height, of brick
with stone trimmings. The Smithfeld
street front will be of granite and the First
avenue front Of stone. 1t will be furnished
with all modern equipments for business
and comfort, and for protection against fire.
Il is expected it will be ready for occupancy
100000. A building of this character in
that quarter will be of great value as an in
spiration to other owners to ''go and do
like WISE" and Bennett Bros deserve great
credit for establishing so high standard for
the emulation of future builders.
The Solomon-Ruben Building.
Workmen are ready to begin operations
on the Solomon-Ruben block on Smithfeld
street, between Diamond and Fourth ave-
nue.. at once. All the occupants will have
removed by the end of this week. It has
been reported that in the construction of
this building as much as possible of the ex-
isting one will be utilized. MI. Ruben was
spoken to yesterday in regard to this state
ment He disavowed 1t altogether, saying
the structure will be new throughout. No
part of the old will be used. The plan, as
drawn by Architect Evans, shows hand
some front of FIVE stories, covering 160 feet
on Smithfeld street and 80 feet on Diamond.
There will be finished basement.
Nothing has been omitted by architect or
builders to make this structure take a high
position among the commercial palaces of
the city. The contract price is $40, 900, but
this does not include considerable extra
work. The total cast will be between $780,
600 and S125, ,000 The contract calls for its
completion by August Is of this year.
Special Features of Trade.
IF not sold by Friday: morning. April /,
Birthstone Corner will be withdrawn from
the market.
The ground at Mcdonald is as full ofholes
as sieve. From the top of the hill back of
day counted upward of 200 derricks.
The Pittsburg, CHARTERS and Youghio-
gheny Valley Railway has placed
new mortgage of 81, 900 600 on its property for
Aetterments and ultimately to take up prior
The Fidelity Title and Trust
Company is trustee. This is the second
large railway mortgage of which this compa-
ny has been appointed trustee recently, the
one Being the Allegheny Valley is
sue of $40. .0O0, 900.
Col. W. A. Heron, agent for Mrs. schenley.
Point because of compulsion. Those seeking
other quarters are doing SO as matter of
choice. They are not being forced out
long leases expire to improve this property
for business purposes, and are not waiting
until the last moment to get out"
Joseph Childs has sold to Michael Drew a
nue., McKeesport. for ss. $50 va
Failure to sell the Harrison property, in
Penn township, was noted few days ago.
township. He sold 66 acres, with improve
ments, to E. W. Dean for $16,2 go |
At the last stock call yesterday W. j.
Robinson offered $40 to call 100 Duquesne |
Traction next month at %. Pinkerton made |
3 like offer.
Investors having fully digested the su-
preme Court decision. are willing to pay
more money for Central Traction.
The advance in London Airbrake on Mon |
day to 80 bid is high water mark for that |
stock. The annual meeting will be held in |
London to-day.
1t Harrisburg yesterday: The John Sobieski |
King of Poland Ten Cent Building and Loan |
of the Tenth ward, Pittsburg,
"a apital, 81, 600 600; the County Seat Building
'tock, 81, 900, ,0OO the Grafton Light and Power
Company, of Grafton, Allegheny comfy CAPT.
al, $4,000; Standard Gauge Steel Company,
If Beaver Falls, capital stock, SCI 600.
In New York s., 600 Pittsburg and Western
s sold at s2h
Eight permits were issued Yesterday for
NC ss.0s5, the greatest value being estimated
t S., 400.
Latest Events in Realty.
8. A. Dickie & Co. Sbld for j. A. Warden to
ames McNulty a property on Ravenna
treet, Twentieth ward, a frame house of six
ooms and finished attic, with lot 301Sx145
eet, for 81 coo.
Black & Baird sold for the Boulevard syn
icate to r. P. Crawford a three-story stone
ront dwelling N the south side of McPher-
on street, Boulevard Place, East End, with
ot 33xl40 feet, for SO 400.
D. Behen & Son sold for E. House, Jr., to
Irs. E. C. Greene a lot 20x100 feet on Wick
ow street, Nineteenth ward. Consideration
rivate.
The Burrell Improvements Company re-
ort the following sale of lots at Kensing- |
on: Mrs. Henrietta Riser, Parnassus, Pa,
ot 10, block Is. for $675; Charles Romer, Nc
Ieesport. north half of lot 70, block s. for
26 80: David D. Demott, Brookville lot O. |
lock s, 81, ZOO; Hugh Thomas, Kensington, |
DTS 135. 136 and 137 block 8, for 500: Freder-
six Kreuger, Pittsburg, lot g. block 8, for
1888 IS; Ordis B. GIL. McKees Rocks, south
alf lot SO, block s. for 1915; T. H. Hanratly,
'ridgeville, lot "a, block II. for 81. .062 80.
j. E. Glass sold lot No. 2l7 in E. P. Jones'
Ian of lots, fronting 20 feet on Wyandotte
ane and extending 146 feet through to an
ther street, for $175 cash.