Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-06-17
POINTS IN REALTY.
A Millionaire Property Owner Con-
cludes to Locate in the East End.
IMPORTANTMOvEBYAN OUTSIDER.
Part Played by Real Estate Brokers in the
Upbuilding Of Pittsburg.
LADY CAPITALISTS AS INVESTORS

corner of Penn and Dallas avenues tC
Colonel Dallas c. Irish, of New Castle, Pa.
for SIS, 500 cash. Mr.. Irish, who is one Of
the largest property owners in Pittsburg,
his holdings aggregating upward OF u. .OoO,'
600. will at once proceed to erect an elegant
residence for himself The lot was part OF
the Myers property, the rest Of which was
recently sold by w. A. Heron & Sons to
A. H. Wilson, of the East End Hotel This
sale to nonresident is another straw show
ing that Pittsburg's fame is spreading and
attracting outside capital
Bought by Lady Capitalist.
The sale OF the Gray property, No 76
Third avenue, for SIS, 300. reported yester-
day, was made by Black & Baird. The pur-
chaser is Mrs. Johanna Montgomery, not
| James Montgomery, as stated. Mrs. Mont
| gomerv, who is one of the lady capitalists
of Pittsburg, is on her way to Europe,
where she will remain year or two Two
othe lady capitalists have, within the last
six months, invested in central real estate
to the extent Of S250,000.
Status of Real Estate Brokers.
The buying and selling of real estate is
one of the principal activities of Pittsburg,
and the men who are at the head of 1t are
entitled to as much consideration as is the
banker or the merchant. Some call them
real estate agents. but they prefer to be
known as brokers, since that term better
expresses the nature of their business In
deed, remarks a writer on this subject, they
might not inaptly be considered profess
| sional men. It is true that this standing is
| not yet popularly accorded to them, but
| they are holding on their way, and are sure
| OF eventually attaining some such desirable
| place of honor. They have done a great
deal for Pittsburg, and will do still more, as
| opportunity improves with the growth of
the city in population and wealth. That
they are, as class. men of integrity, abil-
ity and business skill no one will deny.
Advancing the Standard.
A sale on Penn avenue, near Wood street,
Wilkinsburg, is reported at $500 foot
front. Tie purchaser OF the Milligan prop
erty has been offered and refused $275 q
foot for Wood street frontage The report
of the sale of the Farley property on More
wood avenue WIS confirmed yesterday by
w. A. Heron & Sons. The price was ST.,
600 instead OF $2O, 900, as stated at the time.
Special Features of Trade.
The Westinghouse Electric and Manufact.
uring Company yesterday declared a semi-an-
nual dividend of 81 per cent on the pre-
ferred stock, payable to stockholders of rec
ord June 20. Books will remain closed until
July2
1t is believed the English manufacturing
concern, referred to a rew days ago by James
W. Drape. will locate at Avonmore on the
West Penn road.
Two building permits were taken out
yesterday, aggregattng 81. 525.
Tho charter of the Germania Savings
Bank, Of Pittsburg, was renewed yesterday
for 20 years. with capital of $50 600. The
Dubois Deposit Bank, OF Clearfeld county,
capital SIS 000, was chartered.
that holders are satisfied with the outlook
Pittsburg bears have hard row to hoe.
E. n. Wfldman has purchased for So. 600 a
upon which he will erect q fine residence.
A syndicate Of Shenango and Mahoning
furnacemen has secured about 1000 acres of
coal land near Uniontown. and propose to
manufacture coke for their own use and
probably to sell. A Fourth avenue real
estate broker was in conference yesterday
arrangements for starting the enterprise.
The semi-annual dividend of S735 cents per
share, or 81 per cent. has been declared on
the preferred stock of the Thomson-Houston
Electric Company, payable July l.
A coal mining company has been formed
at Indianapolis. Ind, capital $4,000. to
operate in the southern part of the State.
The National Tube Works Company has
declared its regular quarterly dividend of
81 IS on the preferred and 81 80 on the COM
mon stock, payable July l. to stockholders
OF record June IS.
Additional Points In Realty.
A. ]. Pentecost sold for C. 8. Gray, trustee
of the estate of Samuel Ferguson, Penn
township. a farm of 81 acres underlaid with
coal, for $3.50. the purchaser being Hon.
Samuel Stewart.
E. T. ScEaffner sold for George Buchan
nice frame house of five rooms, with lot 25x
l27 feet to an alley, No. 3s Fifth street, near
Murray avenue, Beltzhoover borough, to
Edward A. Roth for 81. 800 cash.
S. J. Fleming sold lots Nos l47, 14s and 149,
for W. H. McNulty to VIM. Henderson, for
5000; also sold a lot 25xlO0 on Tioga street,
Twenty-first ward. for Jas. NJ. Clark for ST.
co., subject to street improvements.
Hoffman & Baldridge sold lot No. 26l in the
Swissvale Place plan. 25xlI4 feet for $500; also
lot No. ls in Palmer Place, for H. H. Negley,
40xl20 feet, for $3.50.
Woods to Mrs Mary Little, 4-roomed frame
house, with lot 40x50, on Eas End avenue,
Tenth ward, Allegheny, for S375 cash.
Black & Baird sold to Jennie L. Smith lot |
No. lS2 in the Alta Land Company's plan on
Duquesme Heights for $l00. |
A. j. Pentecost sold for the Safe Deposit |
and Trust Company of Pittsburg lots 20 and |
II in Central plan. Thirteenth ward, to B. II. |
Waughter Tor $s45: also lots Nos. IS. 66, 81, So
and SO to Robert Kennedy for $500 each; also |
lots 81 and IS for s25l and $685.
on Hay street, Williamsburg, for 81, ,0O0
The Burrell Improvement Company re- |
port the following sale of lots at Kensing ngton: |
Jerry +. Yeager, lot go, block 8. $775; John |
Reppett. lot %, block ., $3.50; Antony Lantz =,
any Matty Balukerwie, lot $50, block 8. $500; |
Charles Vigglano and John Autilio, lot 81,
block 81, 81, e75.
c. L. Straub Sons sold two more lots in
Beechwood Park plan, being lots land and |
fronting l00xl60 feet on Shady av., to A. w.
Zeigler, for 81, 500.
John F. Sweeny sold another property
for James Nesbit to n. j. Miller, being new |
Iour-room frame on Clarissa street,
Thirteenth ward, having q fronting of %
feet on Clarissa street and extending back
100 feet to an alley. for 81, $50 cash.
Charles SOmers & Co. Sold in John Fite's
new Hiland Avenue Park Place plan, Nine
teenth ward. lot No. 4, 5O76 feet on Elgin
avenue, and extending in even width 1l0.08
feet to a 20-foot alley, with a frame house of
10 or IL rooms, for S., 50O Captain S. L. Full.
wood was the purchaser. This is the first
sale in the tract of about II acres recently |
acquired by Mr.. Fite.
Thomas McCaffrey sold the following
property for James Shaeffer to Park Bro.
& Co. lot 72x92, with two brick dwellings,
corner Thirtieth street and A. V. II. r.. Tor |.
es 500 cash; TOR Michael Scanlan to Patrick
lot 20x100, with two frame houses,
No. 4994 Hatfield street. for SS 900 cash; for |
Dan Reardon to John Utsig, lot 20xI00, But
ler, near Fifty-fourth street, for -, $50 cash; |
for Vincent & Scott to James Bonner, lot
25xl00 Butler street extension, Nineteenth
ward, for $3.50: for Margaret Loeffier to
Henry HohenhimmbuSch, lot 20Xl37, ON
Taylor street, near Liberty avenue, for
81 200: FOR Oswald Werner to Ruben Shaperi,
No. 354 Butler street. lot 24xll0, three-story
brick business house and dwelling, for Sc 600
cash; placed mortgage for GOO on Seven