Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-03-13
TRADE OF THE WEEK.
Not Bad Locally and Some Improve
ment Visible Generally.
STOCKS FINISH WITH A RURRAH.
Important Transactions in City and Subur'
ban Real Estate.
FINE HOUSES. NEARING COMPLETI0A

alone of all the great material interests,
showed a hesitating disposition. Although
the weather was about the worst possible,
the spring movement made considerable
progress, as shown by better mercantile
demand for money at nearly all Of the
| financial centers. The fear of denuding
the country Of gold lost its potency as an
obstructive factor. This was distinct gain.
Building was fair for the season, and real
estate active, an unusual number of i'm
portant sales being put on record. Stocks
were active and higher. Although the
song of the turtle was not heard in the land,
point of the year was at hand. A period of
good weather will expand business as :
will vegetation.
Sale OF Residential Property.
One of the largest transactions in realty
during the week was closed yesterday by
NJ. F. Nipple & Co They sold sthe Slata-
per homestead property on Winehiddle
avenue, near Penn, consisting of ten-room
to Robert Sproull for $45, 900. It is under
stood he will sell off a tier or two of lots in
the rear and improve and occupy the re-
mainder.
Another Penn Avenue Sale.
There is disposition in some quarters to
Keep large transactions in reality from the
public This policy is clearly detrimental
to business, which needs all the stimulus it
can get An attempt was made to cover up
sale yesterday, but not by the agent 1t
was learned that piece of Penn avenue
property, below Fifth street, had changed
hands at a price said to be about $40, 600.
Mr.. C. b. Love, whose name was associated
with the deal, said he was not prepared to
talk on the subject, but made no denial.
From another source it was ascertained that
the sale had been consummated, but the in
formant would make no further revelation.
The reputed purchaser has within few
months invested fully $500, 900 in realtv on
the avenue in question.
ANorthside Transaction.
Among several transactions in Allegheny
realty during the week was one by Baxter,
Thompson B Co.. which was closed yester-
day. They sold through the agency of Sam
uel W. Black b Co. q residence property
situated on the northeast corner of North
avenue and Webster street, fronting the
park, consisting of two-story brick house
of IL rooms and lot 20x11O feet, to a prom
inent Water street business man for $15, 900.
This is the second sale in that locality within
ten days. the other being the Mrs Grow
property, which was purchased by Mr..
Guckert.
Liberty Bank Deal.
The purchase of the Flinnker property,
corner of PENN and Ellsworth avenues, by
the Liberty National Bank for $50, 600 was
a surprise to owners of some of the adjacent
properties, notably McCombs and Goeddell,
who, 1t is understood, had made offers which
they had reason to believe would be ac-
cepted. Besides, the Flinniker property
was not known to be in the market. But as
it cost less money than the others were held
at, and the location being about as desir-
able, it was taken in preference By the
terms of the purchase very little cash was
used. According TO good authority the
bank gave mortgage for the bulk Of the
purchase money, to run until the youngest
not begin building before year from April,
as leases do not expire until that time.
Fine East End Buildings.
Finishing touches are being put to many
elegant buildings in the East End. W. NJ.
MeKslvy, Vice. President of the Standard
Oil Company, is completing a fine stone
house on Fifth and College avenues Mrs
Gusky's palatial mansion, on Fifth, near
Ivy street, will soon be ready. for occu-
pancy. 1t will be the most costly private
building in Allegheny county. A hand
some residence is also under way at the cor
ner of Fifth and Ivy. These and other
buildings of equally high class will improve
the appearance and increase the attractions
of the EastS End district of the city, al
though this seems akin to the attempt to
paint the lily.
Elevated the Price.
1t has been announced that the sale of |
tie Armstrong property, nine acres, to O
New York capitalist, was declared off on
account of the refusal of one of the heirs to |
accept the price offered, $4,000. j. H.
Coleman & Co., the agents, said yesterday |
that the propertyNis now held at $38, 900, |
and, notwithstanding the big jump, the |
very fatttering. Good property of this |
size, in desirable neighborhoods. is becom-
ing scarce, and those in quest of it tor rural |
homes are generally quick to snap it up.
Business News and Gossip.
Stock trading was up to high water mark |
asst week, and final prices were in most |
cases the highest.
Superintendent Allerton says he will be |
ay-headed before the stockyards are re-
moved. The old story will not down.
Any one looking for a bargain in farm
should consult the advertisement of Charles
Depew.
The street was quite bullish on stock
afternoon, indicating still higher
prices this week. -.
Andrew Caster sold, after call, As shares of
Airbrake at ITO; and Henry NJ. Long 5000
Pleasant Valley lateral road SIS at about
par.
The London market for American securi-
les yesterday, was weak. The strongest
eatures were Reading and Wabash.
The new Allegheny Valley Railroad pre-
erred stock is quoted outside the Exchange
It $3.50 per cent of par.
Thirty-two permits were issued last week
or 4s Improvements, the estimated cost of
Four ine business structures will soon be
tarted on Penn avenue. Three of them will
'e eight stories high.
Movements in Realty.
]. H. Coleman & Co. sold for Mary A. Kauf
nan to j. c. Dick new frame house of nine
ooms, with lot 30x11o. on Hoeveler street,
ward. for $500.
v alsh to d. R. Speer lot on the corner of
Thomas street and Linden avenue, Boule-
ard place, East End, 20 feet front by $50 in
eprh, for IS 800, being $50 per foot front, this
Reed B. Coyie & CO. sold brick dwelling
# eight rooms snd all modern conveniences,
Cast End, for IS 500. This is the counterpart
# and adjoining the property reported by
hem q few daysago.
John K. Ewing & Co. sold for Mrs. Per-
nelia E. Wilt to John K. Ewing two lots
5xl00 each on Perrysville avenue, being Nos.
and Sin her plan, Tenth ward, Allegheny,
or 81, 800 cash.
Tbe.Burrell Improvement Company report
he sale Of the following lots at Kensington:
David n. Bouser, Ford City. Pa, south half
heny, house and lot l31, block g. for So 900;
suben j. Davis Kittanning. Pa. lot "a, block