Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-03-10
CITY REAL ESTATE.
Sale of Another Elegant East End
Residential Property.
THE BAKEWELL DEAL CONFIRMED.
Another Big Day in Stocks, but Top Prices
Not Held in all Cases
OFFICE AND STREET NEWS AND GOSSIP

VFFlCE ANU 6TkEET NEWS AND GVSSlP
Mr.. H. B. Nease, the well-known lumber
man, yesterday closed the sale of his fine
stone residence on a lot 1oOx140, corner of
Margaretta street and Negley avenue, to
Mr. S. E. NJ. Moore, of the Burrell Improve
ment Company, for 1900. There is a
good demand for high class, East End resi-
dence property, as shown by numerous
sales the past few weeks. This should en-
courage improvers and stimulate invest
ment.
Bakowell Sale Confirmed.
The report given in this column on Sum-
day that William Bakewell, ESQ.,, had sold
his property at Arnold Station, on the ALLIE
gheny Valley Railroad, adjoining Kensing-
ton, to the -Burrell Improvement Company
for s65, 600, was confirmed by Samuel w.
Black & Co., who negotiated the deal. The
property consists of 40 acres, with a fine
mansion and number of other substantial
Improvements. As stated, it will be SUBJ
purpose it is admirably adapted. Mr..
Bakeweu had owned it for about 20 years.
Bridging the Ohio.
Captain Frank Sweeney is quoted as say
ing that plans for the proposed Ohio river
bridge between Wheeling and Bellaire are
completed, with the exception of few
begin early the coming summer In regard
to the bridge between Wheeling and Bridge
port he said: "The letting of the contract
only awaits the arrangement of q minor
detail, which will be soon settled. It is
probable that bids will be advertised for in
short time and contracts let When these
two bridges are completed, as expect them
to be in the near future, the Ohio river as a
barrier to the development and growth of
this community will be eliminated. Wheel
ing, Martins Ferry, Bellaire, Bridgeport
and Benwood will be one city commercially,
industrially and socially"
The Country in Good Shape.
The business situation il of universal con-
cern, and any light thrown on the subject is
gladly received A gentleman who has
travelled considerably lately gives his i'm
pressions as follows: 'oThe markets through
tion, owing to the hesitancy which consum-
ers everywhere show to the placing of large
orders The habit for weeks past has been
to place small orders for current require
ments. This is rather strange in view of
the fact that most consumers admit that the
probabilities are that prices will advance
before spring. The sum and substance of
the matter is that they would prefer to pay
a little higher prices under the assurances
that values generally were likely to i'm
prove. So far as outward indications and
financial conditions are concerned, the coun-
try is in decidedly better shape than IL
months ago."
Business News and Gossip.
The announcement yesterday OF divi-
dend by the Philadelphia Company was a
bull card of unusual importance.
James Hunter has sold to James Fallow
20xl0O feet on Carson street, Southside, with
improvements, for a, 400.
1t is said that upward of $4,000 worth Of
new buildings will be erected in Bellaire, O.,
the coming spring and summer. This will
exceed any year since 1886.
Splitter Co.. Toledo were the successful
ten-year bonds of Springfield, o.
The grain movement in the Northwest is
assuming unexpectedly large proportions,
L. l09 cars of wheat alone having been re-
ceived on Tuesday at Duluth and Mime
apolis.
Lyon county, KY, in 1887 issued sls4 900
per cent bonds; they We're refunded in 1883
at 6 per cent. l.. G. Quinlin, OF New York,
held most Of this issue. and on the county
defaulting brought suit. Judgment was
given him and forcible resistance was made
u. "A
the Legislature empowered Lyon county to
compromise its debt. 1t has Just done so,
and paid Quinlin's claim at so cents on the
dollar.
James Harrocks is erecting two brick
dwellings on Beaver avenue, Allegheny, to
cost $4,000. Alston Heckert are the archi-
tects.
Extensive paving improvements are under
discussion at McKeesport. There is con-
siderable difference of opinion as to the
material
capital stock of slO0 600 has been Incorporated
at Marion, o. -....
The number of water meters reported in
use In the United States and Canada on
January !, was 16S. l7s.
Six permits were issued yesterday for
seven buildings and additions, the total cost
being estimated at $3,975. The most i'm.
BroDeck for two frame dwellings on Patter.
$1,000.
At the last call yesterday Manchester
ham e6I was bid, and 1Os Tor Citizens Trac-
tion SIS.
The Pittsburg Brass Company has de-
clared an annual cash dividend of per
cent.
Wall street yesterday experienced a con-
revival from the bearish feeling Of
the previous day.
Movements in Realty.
George Schmidt sold for Thomas Dalzell
the properly l54 Third avenue, being q lot
2lx90 with a three-story brick building, for.
merly occupied as Pension Office, for $3l 900.
to prominent Fourth avenue business
man. This property was sold last October
for $500
Hoffman Baldridxe sold for Henry H.
Negley lot No. 20 in Palmer place, Swissvale, |
100 feet to an alley, for $500: also a new
frame house Of six rooms, in the same plan,
for g. $50
A. Q. Byers & Co. sold for the Ridseview |
Land Company to Robert A. Mexican, ESQ,
lot No. IS in their plan. Eleventh ward,
Allegheny City, on the line of the California |
avenue electric road, fronting 4s feet on |
California avenue, extending through l6O |
feet to Massachusetts, avenue, for g. 1OO |
They also sold q lot in the same plan to W. |
C. Coffin, ESQ.,. for 81, 100.
Black & Baird sold to J. Henry Hemmer
for Mrs. NJ. E. Merker. l6 lots on Milroy ave-
nue.. Allegheny, in the Beilstein shafer
plan. for 6, 200.
J. e. Glass sold for A. c. Watkins lot No, |
l5 in the Allequfppa Place plan No . for
1850
Peter Shields sold lot No. 157, soxso feet,
located on Coleman and Alger streets, in the |
Greenfield avenue plan, Twenty-third ward,
for S945