Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-01-20
BUILDING PROJECTS.
Some New Plans for Developing the
Schenley Park District.
LEASES OF BUSINESS STANDS.
Speculative Authorities Talk of the Effects
0fa War With Chile.
AN INTERESTING STORY RUN DOWN

There will be many business changes next
spring. Several that are in contemplation
have been noted. The occupants of the
basement of the Oil Exchange have leased
the building on the upper side of the Free.
hold Bank for term of years at an annual
| rental, it is reported, of S4 500. James P.
Quinn has leased his property, No. 165
Fifth avenue, for $1,000 year, an advance
of about % per cent over the former rate.
1t is said that two or three Liberty street
firms are contemplating removal to Water
street.
| Activity IN Building.
Morris & Aisbitt are about closing con-
tract for six moderate-priced dwellings on
Juliet and Frazier streets, Oakland.
Weather permitting, ground will be broken
! the latter part of this month. Mr.. Morris,
of this firm, will next spring erect two
handsome dwellings on ground just pur-
| chased by him on Juliet street. A promi-
nent Allegheny merchant is figuring on a
| block of six in the same district. The East
| End is literally full of building schemes.
| One of the most important for years is al
most ready for announcement
A story Run Down.
1t has been reported, and generally cred
tied, that the strip of .Schenley ground on
Fifth avenue, extending from Casey's row
to the school house, which has been fenced
off from the farm in the rear, has been
leased for long term of years and will be
improved by row of 20 or 80 houses. In
quiry was made yesterday Of w. A. Heron
& Sons as to the truth of the story. They
said there was nothing in it. The Fifth
avenue front had been fencsd off SO as to
give depth to enable the assessors to fix q
fair valuation. That was all there was Of it.
They added that none of the Sehenley prop
erty in that locality was for sale or lease.
Movements around the Park.
There is a good inquiry for acreage in the
Twenty-second and Twenty-third wards, in
the vicinity of Schenley Park. Ira M.
Burchfield reports deals on foot aggregating
between $75, coo and 100000. The proba-
BILE purchasers are local capitalists who thus
show their confidence in the future of that
district. Values are stiff Acres are held
at from 50 900 to S. 900 according to loca-
tion. Some property near the park is con-
sidered worth the outside figure. A num-
Der of fine houses will be erected there next
spring and summer.
War Talk and Stocks.
woerishoffer & Co., recognized authori-
ties in the speculative world, say: "The
bears are trying to make some capital out
of possible war with Chile. 1t is we'll to
bear in mind that there are two sides to the
question should war ensue. It would not
be like conflict with one of the European
powers where our securities are held and
the sale of which would become inevitable.
Chile, of course. holds none of our securi-
A hor fbo
transportation of immense quantities of
provisions and munitions of war to the Pa
cifc coast, affecting all transcontinental
lines and could in no way unfavorably af-
feet our internal or European commerce.
It might prove bull point on stocks, as it
certainly would on grains and hog prod
ucts. !"
Business News and Gossip.
Bad weather has stopped work on the
Greenfield avenue branch of the Second Ave-
nue. Passenger Railway.
1t will take se5, COO to repair damages to the
Calvary Church property and make other
contemplated improvements, and OF this
amount s19, ,0C0 has been secured. Several of
the wealthiest members Of the congregation
remain to he heard from.
Colonel W. A. Heron, who has been suffer-
ing from the prevailing sickness for week
or more, was somewhat better yesterday,
and expected to be out in a few days.
William Fox & Co. took out permits yes
terday for ii frame two-Story dwellings on
Euclid avenue, Nineteenth ward, to cost
sa6,5j0. Five other permits were issued for
Improvements, agSre2ating $3.50.
At the last call yesterday 1874 was bio for
Birmingham Traction, and 80 tor Manches-
ter, e1-dividcnd; Duquesne was offered at 20.
New Electric common stock was offered
at o.
The following corporations yesterday
elected directors for the ensuing year:
Workingmen's Savings Bank, Allegheny
John A. Herman, H; A. Neeb, J.J. Fleck, G.
C. Dellenbach M. Fass1er, Christian Zeil,
Heinrich Werner, Thomas NJ. Reese, Emil
Winter
keystone Bank. j. yandergrift, Joshua
Rhodes. c. y. Langhlin, Henry Fisher, w.
H. Nimick, j. /. Buchanan, j. ". Craig, c. F.
KIopfer, G. W. Bachelor.
Union Transfer and Trust Company-A.
w. Mellon, John G. Holmes, c. III. Mckee,
George L hitney, George p Hamilton, j ohm
Walker, John Portsrfield, j. NJ. Schoon-
maker, P. C. Knox.
Equitable Gas Company-James Hemphill,
George Traurman. T. D. Robinson, L. MINOR
ris, a F. keating. r. B. Brown, j. Stuart
Brown, Reuben Miller, C. H. Zug.
Devoniar Oil Company-M. Finegan, ]. R.
Leonard, j. d. Downing, C. P. Collins, j. II.
Evans.
Movements in Realty.
Reed B. Coyle & Co. sold for Mrs H. H.
Byram her property No. $500 Fifth avenue,
corner Mckee Place, Oakland consisting of
q modern Queen Anne residence of II rooms,
reception hall, etc, with lot S4x127 feet, for
S e, $50 cash. The purchaser, a well known
coal merchant, will occupy the place after
April /.
J. B. Larkin & Co. scld twolots, 321 and 322,
in the Blair Land Company plan, Blair STA
ton, to W. J. Foyie, $400 each: also, to Miss
NJ f. Jones, loo No. 353 same plan, for $3.50;
also, TO Miss Mary ReiGy, lot No. l9O same
plan, for 1876; also, to Miss Louisa Asteroth
lot No. l9l, same plan, for $3.50.
Black & Baird sold to Mary a. Hopkins, of
Altoona, lot No. 10 in r. FL. Hays plan of
Valley View Place addition having 'front.' |
age of 90 feet by depth of 80 feet to a 2O-foot
alley for $3.50.
G. i. Hart sold for John Won Stein to Mrs. |
Mary E. Terrence a house and ope-half acre |
of ground in Coraopolis. Consideration |
private He also reports the sale of farm |
of ia acres in Findley township for j. NJ. \
Mcbride TO j. p. Mcconnell for 5000.
j. H. Coleman & Co. sold lot No. lS6 in the |
Baum Grove plan 40x102 on Clair street to A. |
L. Watson, for DR.. j. c. Lemar, OF Whining |
ton, Del, for 81, 200
W. E. Hamnett & Co., Williamsburg, sold a ;
lot on Coal street, Williamsburg, 4OxlsO, for
s450 cash.
A. q. Byers & Co. sold for Mrs. Ann Hanne-
gan vacant lot 19x45 feet, situate on |
Rodgers street, Twelfth ward, Allegheny
City; consideration $500.
j, E. Glass sold for A. G. Watkins lot No,