Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-04-12
FEATURES OF TRADE.
Good Auguries Drawn from Rail-
road Earnings and the Crops.
PENN AVENUE BUILDING PLANS.
A Tricky Builder Called Down and q Pos
sible Calamity Prevented.
THE DRIFT OF MONEY AND SPECULATION

Architect Steen has completed plans ant
let the contract for the Childs building, OF
Penn avenue. The same architect has abou
completed plans for the Gillespie building
adjoining the above. Each will be min,
stories in height. Mr.. Gillespie will lei
the contract for his building this week OF
next. Messrs. Keech and Wade are consid
ering plans for their buildings on the same
street, but will not begin work on them fol
some time. They will be eight stories high.
1t is not known when Mr.. Ewart will
break ground for his building on Liberty
street, but it will be in time for its compile
tion before the snow flies next autumn.
Railways and the Crops.
The week in business circles opened with.
out anything specially new in conditions or
movement. The only discouraging factor
was the weather, which had distinct
flavor of winter. In other respects there
was nothing to complain Of No estimate
of the situation would be complete which
did not take railroads and crops into con-
sideration. Both present favorable feat
ures. A large number of railroad compa-
nies, previously in default, are now paying
interest on some, if not all, of their bonds
| This is about as certain sign of general
prosperity in the railway world as any
could be. In regard to the wheat crop, it
| is quite uniformly recorded that the winter
| was not very severe, and was in many
sections mild. Winter killing was ex-
| ceptional or limited to fat and wet areas
| Many correspondents report the crop i'm
| proving in appearance and indicate pro b.
Iohr c,,& 1rsx 70
able weather. The New York bank state
ment issued on Saturday, was favorable to
a revival of business in mercantile circles.
A Builders Trick.
In New York recently the Superintendent
of Construction found that number Of the
tie-bolts passing through brick wall were
too short, so that they held by only little
more than one thread. He notified the
builder that these must be replaced by
longer bolts, which would allow the nut to
engage the threads tor its full thickness.
An inspection of the premises few hours
afterward showed that change had appar-
emily been made in the case of large num-
ber of the bolts complained of as detective,
for the threaded end of bolt projected
some distance beyond the nut. The re-
markable speed with which the change had
been accomplished aroused suspicion, how
trick. Short pieces of rods of the same
diameter had been threaded and screwed
into the open face of the nut. so as to give
the appearance of bolt passing through,
while in reality the nut held as before by
only single turn.
The Building Record.
Fifteen permits were issued yesterday,
representing "a improvements, the esti-
mated cost Of all being $3.50 Those of
most value are: George Reichold, frame
dwelling on Winslow street, Twenty-frst
ward. S1,45O; Thomas Marshall, frame
dwelling on Denniston avenue, Twentieth
ward, So, 500 Angelo Bianco, frame dwell
ing on Monroe street, Thirteenth ward, ST.
200; Mrs. s. R. Kenz, two brick dwellings
on Bedford avenue, Thirteenth ward, S4,-
Industry street, Thirty-irst ward, 81 500;
NJ. Mawhinney, eight brick dwellings on
Utica alley, Fourteenth ward, 5000; Frank
King, frame addition to dwelling on Center
avenue, Thirteenth ward, $1,000.
- Special Features of Trade.
1t is understood that Boggs s Buhl will
next year erect a fine building on their re-
cent Penn avenue purchase.
An auction sale of business property on
lower Firth avenue will take place on Fri
day next, April Is, at II A. NJ. A sale of this
kind on this thoroughfare will be a novelty.
The grain fleet nearly ready to sail for
Buffalo from Chicago amounts to 30 vessels
carrying about 200 600 bushels of wheat and
l,5O0, 600 bushels OF corn.
The firm of E. P. Roberts & Sons, jewelers.
has seen dissolved, Mr.. John NJ. Roberts, the
Junior partner, retiring on account of i'll
health. His one-fifth interest has been
bought by the remaining partners, Mrs E.
P. Roberts, S. F. Roberts and e. W. Roberts,
who will continue the business as hereto
fore.
The Central Trust Company, of New York.
on Saturday paid the interim dividend of 5
per cent to all OF the stockholders of the H.
The rumor that western Union will in
crease its share capital to 500 OCO. COO is pro-
nounced untrue by the management.
Union Ice Company stock, an unlisted Sc
curity, was offered Yesterday at 10.
Holders OF Airbrake stock were happy
yesterday. They received checks for the s
per cent quarterly dividend recently an
Workmen are carting away a portion of
the hill on Grandview avenue near the Mo-
nongahela incline, to make room for a
business house.
George Wilson will soon begin the erection
of a handsome residence in Ellsworth.
Movements in Realty.
At a recent congregational meeting of the
United Presbyterian Church, on Collins ave-
nue, East End, it was unanimously resolved
to erect new house of worship, the present
one being entirely too small. Subscriptions
to the building fund started with $4,000
cash and a valuable lot on Highland avenue,
bv one family. This was followed by several
S., COO subscriptions, bringing the total up to
about SIPS, ,0O0-a sum sufficient with the pro-
ceeds of the sale of the existing edi1ce to in
sure within year one of the finest church
buildings in the East End.
II. B. Smithson, auctioneer sold lot 40
feet front on Penn avenue by 80 feet in
depth, with buildings, ,4l05. 4l0515 and 4l07, for
n Sfvs11 n "a he
purchaser.
William H. Simple sold for Mary J. .Stimple
to William Guckert q lot on East street,
Tenth ward, Allegheny, 4Oxl20, tor s., ,OO0
cash.
Black Baird sold to James A. Taylor
two lots in Robb & Munson's plan at Guar |
tiers, fronting 50 feet on Chambers street, at
the corner of Clay alley, by depth of los