Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-01-13
A LANDMARK DOOMED.
The David Sims Property in the Fifth
Ward Changes Hands.
OLD HOUSES WILL BE TORN DOWN.
Hunt for a Church Site at Mansfield Dis
closes Pretty Steep Prices.
REALTY AT THE NATIONAL CAPITAL

A deal in real estate was consummated
yesterday which may give an impulse to
Improvement in a backward quarter. j. B.
Larkin & Co. sold Nos. IS. so and 50 Chat
nam street, Fifth ward, for Andrew Sims
and Mary L. Carr to John A. Craig tor
$1,000. This is the old David Sims prop
c-iy, and is a landmark in that quarter of
tie city. The purchaser will tear down the
Old houses ana erect substantial, modern
dwellings in their stead
New Church for Mansfield.
There was congregational meeting last
night of the First Presbyterian Church of
Mansfield TO take action upon a site tor a
now eGitce, The growth of the membership
demanding greater accommodations. The
trustees had obtained options on three prop
critics, which they recommended. The most
prominent and popular of these is lot at
the corner OF Main street and Washington
avenue, and ii will probably be selected.
It IS v3Eed at $4,000 Owners in this
buStling borough seem to be fully aware
thar me tendency of real estate is up
ward.
Confidence in the Future.
Real estate transactions SC far this year
2re Of exceptional significance, as showing
tfHt investors Of large means have such con-
E"ence in the future of the city that they
are uot afraid to Drt their money in lands
and houses. This should be encouraging to
small buyers, and particularly to the home-
seeker. The strong financial position of
BIJt&barg, the Importance of its multitud-
laous industries and its remarkable growth,
are Influences which are attracting out
Siders rom I'll quarters, and should not be
los. upon its citizens. No one well IN
formed IN regard 10 the situation talks
thinks Of Il reaction. In this view of the
case, intending buyers should not let grass
grow under their feet. Certainly not hing
can be gained by delay.
I:caity ri the National Capital.
: standard lot in Washington is 2Ox1OO
Seer tn l0-ioot alley. They also have ir-
regular lots OF various sizes, and many alleys
are J. 10 90 feet in width. Real estate is
sold and valued by the square foot. The
highest priced business property is worth,
E'nlaprovel, $40 square foot. The best
business streets are T street, G street, Penn
ssvlvaria avenue, and Seventh and Ninth
streets. The best residence property is
worth, unim9roved, SD a square foot Con-
necticut avenue, Sixteenth street and Mas
sachusctts avenue are the finest residence
streets. sales # real estate in 1890 amounted
u 5 .oel. coo, and IS O00, ,0O0 worth of new.
hu. u.laIB-s were ereci ell. Real estate is not
So!l - auction, hut az private sales.
Title run hack 70 1797, and transfers are
noi'consldcred difficult or expensive.
Ius:n"ss News and Gossip.
l. is said work on the Mt. Washington mar
k..t huuse Will commence early III the spring
EG"ew ool Borough Council, at a recent
mcetin-. Authorized the Burgess to make a
contract WITH the Williamsburg Electric
Company Tor street lighting.
TIE New York Hop Exc hange has COM
1aenced the formal call of futures in the
Trade.
Recent sales in New York OF Pittsburr and
N"sJcrn first mortgage bonds were at s.
TIC annual meeting of the Standard Un-
',':-ruuEd Cable Company will be held on
= report OF the meeting of the Pleasant
"a 'c,- -eockholders viii be found in another |
Everything was lovely Yesterday at the |
b&nE elections for directors. There were few |
Ia,. permits were issued yesterday for the |
., g,,.tloA - Of new buildings, aggregating |
rnents in Realty.
John x. E7r!Dg 4 Co. sold a new two-story
Tre;u' house o. five rooms and hall, with lot
2uNlCo on Howard avenue, Tenth ward, ALLIE
Ehony, 70" Barticy & Tanning to Alex Eng
land for $3.50.
Holm Rea has sold TO James R. Bell 4sx1Oo
feet "lth improvements, on Crawford |
str'.', Eighth ward, tor Sl.O0O.
th' Barrel. Improvement Comnany report |
the following sale Of lots at kensington: |
Iuiel Lloyd. IT.. Greensburg Pa LOT iii. |
l.url = tor $50: Mrs. VI. Thompson, Ford |
civ. TH.. LOT y, block 6, and lot 26 block G |
for $500; john DunllO, Pittslur.. lot l4a |
'oia" for $50: Luig2i A. Ferrala aad Luiggi |
Al'I.o. >a.'lyNhurE. Pa, lots e. ana G5. block |
g.. - s56 >. Peter Sharpe, Oh City Pa. /
lot. - l5t and l@.. block S, for S625
iaacr. J. B,l"1 soid to Angelo Banjo lot No.