Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-08-16
ANOTHER NEW PLAN
NEAR SCHENLEY PARK BEING PRE-
PARED FOR THE MARKET.

Ton Acres on Squirrel Hill Change Hands
for S23,00O-PIenty Of Money for Good
Mortgages - Building Permits, Gossip
and Late Sales.
One Of the many deals reported in this
column as being under way has just been
consummated BY Ira NJ Burchfeld, who sold
the Lewis Nunnemaker property on Squir-
rel Hill, comprising ten acres, for $4,000.
This tract of land is beautifully located,
being very level piece of ground, and
overlooking Schenley Park. Nego-
tiat1ons for the sale of IL have
been going on for some time past.
but through the absence from the city of q
gentleman interested the deal could not be
closed until his return on Saturday last, on
which day the sale was closed, the final pa
pers passing yesterday. The names of the pur-
Ghasers are withheld for the present by MIR.
Burchheld for various reasons The prop
erty will be laid of into plan of about 100
lois, and will be on the market within
avery short time, as work will be commenced
on the same in few days. Mr.. Burchfield
says that he is at the present time negotiat-
ing FOR the sale of another tract containing
q number Of acres, which will doubtless be
closed up within q few days.
Mortgages in Demand.
'There is an abundance Of money for in
vestment in good mortgages" said one Of
the leading agents yesterday, with the rates
generally 6@6 per cent, according to the
location and class of property. Lenders gen.
orally demand 6 per cent, particularly on
realty away from the heart OF the city, but
there has been money loaned on downtown
business property at even a lower rate than
bper cent. Some time ago outside lenders
were Offering 1914 per cent money on gilt
edge mortgages. put I believe they have
Deen out OF the market for several weeks"
Building Permits.
The following building permits were issued
yesterday: T. Grifhn,a franc two story dwell
ing, Wandless avenue, corner Wylie avenue;
cost, $1,000; also brick three-srory dwelling,
corner Wylie and Wandless avenues; cost,
$1,000. Michael Donahue, frame two-story
dwelling, Caroline street; cost, 200.
Thomas and John Brown three connected
brick two-story dwellings, Webster avenue.
near Perry street; cost, So 800 for all. Henry
scheussler, a brick twostory dwelling, Sher-
idan avenue, near Hoeveler avenue; cost,
$1,000. James Flood, a brick two-story
dwellng South Negiey sHenue 0eG near
dition to dwelling, ss7 Fifth avenue: cost,
$l,s20. B. Dangerield, brick two-story
and Bidwell avenues: cost $500. ]. A.
clark, a frame one-story storeroom, Liberty
avenue. corner Edmund street; cost, 500.
Jones &Laughlins,a "a one-story, ,lronclad chain
Twenty-eighth and Twenty-ninth streets;
cost, $780, j. w. Bradshaw, a two-story
frame dwelling. Juno street, near Sylvan
avenue; cost, $1,000 for both. Mrs. Jane
Baird, two brick two-story dwellings. Craig
street, near Fillmore avenue; cost, 81, 600 Tor
both. Jacob P. Durant, a brick two-story
dwelling, Monastery avenue; cost, 1850.
Fred Balbach, a frame onestory storeroom,
Brereton avenue, near Thirty-third street;
cost, $500.
Current Sales and Gossip.
S. ]. Fleming sold brick house of four
rooms, with lot 4x55 feet, on Granville
street, Eleventh ward, to W. L. Mum; terms
private; also, six lots on Saline avenue
22xlao in the Park Terrace plan, for $1,000.
John X. Ewing & Co. sold for Robert New.
ell. to Henry A. Vorp, a two-story frame
house of four rooms and attic, with a lot
fronting 10 feet on Lemont street. and ex-
tending through to Morrison avenue 101
feet. Second ward, Allegheny for 81, $50.
BLACK & Baird sold to Robert C. Sproul
lot No. 3l0 in the Alta Land Company's plan,
on DuQuesne Heights, for $l05: also sold for
Jennie L. Smith. to Charles P. d. Ehren-
traut, lot No. 1872 in the Alta Land Com
pany's plan, for $l40.
The sale of vacant lot on Fifth avenue,
the exact locality of which is withheld for
the present, was consummate ed yesterday, the
price pdlu LOT tUc SHIH6 DelnR Inc
particulars of this and several other trans
actions in the same vicinity will be in shape
for publication in a few days.
Charles Somers & Co. sold for Messrs.
Ha herman & Schaub, in their Grace Park
plan, West End, to John Glitsch, lot No. l6,
25xl00 feet for $500.
A. q. Byers & Co. sold for Prof. W. H.
Slack to T. Murphy lot MOI 81 in his plan,
Eleventh ward, Allegheny, fronting 20 feet
on Shady avenue and extending through liz
feet to an alley, for s55'.
F. b. Tomb sold to William Brinker q
house and lot on Holland street. Wilkins
burg. for So, 900. Also sold to J. NJ. Keim a
lot on Franklin avenue, Edgewood, for $s75
The Burrell and kensington Improve
ment Companies report the following sales of
lots at Kensington the new manufacturing
city on the Allegheny Valley Railway: Ad-
drew N. jackson, Pfttsbura, lot 70, block 13
for s595: Jonathan A. Whitsell, Jr., Salisbury,
lot 1895, block 80, s613 IS; John Kiebler, Allie
gheny. lot 149l, block 20. 1855 IS: Mrs. Maggie
Mansfield, lot 49, block "a,
s626 l5; John Klimenenz, Kirkland, west
hall lot 81, block IL. for 1926: Peter Wehner,
Kensington, feet of lot a. and all OF lot 23
block 8, for sl.45O: George Keedel. Kcnsins-
ton, 10 reet of lot 21, and all of lot %, block g.
for 81, ,450. Joseph Seabright, Pitusburg, lot
227, block 26. for $645 10: Stephen Mccartney,
Pittsburg lot 349, block Is, for 1887 80; Harry
E. Albert, Noblestown, Pa, lots sl3 and 94
block 80, for 81, 275.