Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-06-07
CITY REAL ESTATE.
Activity in Building Evidence of
Prosperity and Confidence.
ANOTHER DEAL IN RURAL ACREAGE
Two Transfers Which Will Widen the Bus
iness Area of East Liberty.
A SAD DAY ON THE LOCAL EXCHANGE

Pittsburg and contiguous districts are full
of homes for the people in various stages Of
development Many have been completed ano
occupied this season, but a great many more
are under way and in contemplation. Than
this nothing could show in a clearer light
the confidence of people of all classes in the
| future of the city. Homes are the sheet
anchors of the community. A man who
owns the place in which he lives is prac.
| tically superior to the storms of adversity.
Secure in his possession, he h measurably
free from anxiety for the welfare of his
family. This should be the aim of every
man, and that it is So to a large extent t
least, is shown by results. Pittsburg is
fast becoming a city of homes.
Sales For Business Purposes.
Two transactions were consummated yes
terday which will have the effect of widen
ing the business area of East Liberty. The
first in size and value was that of 120
feet at the northwest corner of Penn and
Negley avenues, which sold at the rate of
$500 foot frontage, or $4,000 for the
whole. The other sale was made through
the agency Of J. H. Coleman & Co., and in
volved lot on Frankstown, near Park,
This ground brought $500 foot front, the
highest price ever realized in that quarter.
Being situated at the extreme eastern and
western limits of the commercial quarter of
East Liberty, the fact that, as indicated,
they are to be improved for business pur-
poses denotes that the trading element of
the population is pushing out. into new
fields 1t is important to note that the con-
sideration in both cases overtops everything
previously realized In either locality, af-
tording a practical demonstration of the ad-
vancing tendency of values.
Another Deal in A creage.
Mr.. J. c. Dick yesterday put the finish
ing touches to deal by which he acquired
the Douglas property, consisting of about
10 acres, situated near the Coffax School.
The consideration was in the neighborhood
of 5000 This tract is we'll adapted to
subdivision, ard this is probably what will
be done with it. Mr.. Dick is one of the
most systematic and extensive improvers in
the East End district.
Interest Among Non-Residents.
AS noted on many occasions, there is
brisk demand for acreage in the East Lib
erty and Williamsburg districts. The sup
ply is somewhat contracted in the former.
but in the latter it is sufficient for require
ments, unless an unexpected movement to
acquire large tracts should spring up.
Among the inquirers and possible pur-
chasers are number of non-residents, who,
having read or heard of the prosperity of
the city, are anxious to identify themselves
with it in a way to be benefited by future
developments. Prices, of course, vary ac-
cording to locality, rapid transit facilities
range from s, 900 an acre up.
Yesterdays Building Permits.
Thirteen permits were taken out yester-
day for IL improvements, aggregatlng in es-
timated value ST., ,685 The most important
are: F. c. Goldenberg, two frame dwellings
on Gray street. Thirty-second ward, 50 200;
H. Eversman, brick dwelling on alley, near
Dinwiddie street, Eleventh ward, s, 600;
same, two brick dwellings on Dinwiddie
street, Eleventh ward, 50, 400; William
Robinson, brick dwelling on Soho street,
ward, 50, 400; Henry Shuesler,
four frame dwellings on Carow street, Twen-
tieth ward, $500.
Special Features of Trade.
Members of the Exchange yesterday made
q prompt and liberal response to the appeal
by Titusville and Oil City for assistance.
1t is the opinion in business circles that
officers of the First National Bank of Char
tiers acted wisely IN appointing Mr.. Herbert
A. Johns to the position of cashier He
begins with a com Portable salary.
A fine residence is going up on Fifth
The Reformed Presbyterians of wilkins
burg have purchased lot and will erect
house of worship this year.
The Williamsburg lookup has been COM
pleted. 1t contains five cells and is fire.
proof
A private telegram from Chicago says the
CO mmittee in charge OF the lighting of the
Worlds Fair has reduced the bond demand
ed from the Westinghouse Electric Com
pany from ST. 0G0 600 to $500 900, which is salts
factory to the company.
. Pttsburg and Westerns earnings for the
fourth week in May increased S.. .5il, and for
this month $22,6l5
Mr.. Kelly. OF Kelly & Rodgers, is building
n fine residence on Stanton avenue. 1t will |
cost $4,000.
Additional Points in Realty.
George n. Beckwith has sold since April |
2S nine properties, aggregating $i03Go0. The |
most important of these were the Bissell |
and Imhoff deals, amounting to $4,000
A. ]. Pentecost sold for W. L. Bradbery
and Brewer Scott, executors of William |
Sample, a lot fronting 6s teet on Main street
by 200 ieet, Sharpsbur-, with a brick resi-
dence for So 425, j. Murray Clark being the
purchaser.
Henry Gram made the following sales last
month in the Eighteenth ward: House and
lot on NatrOna alley, Sz.CVU. mouse ana lou on |
Lotus alley $1175; house and lot on Key
stone street, $1,000: lot on Butler street, 81 7OO
lot on Butler street, 81. 400: 10 lots in the
Camelia plan, from $3.50 to $500 each: lots in
the Bissel plan, on Duncan street, $3.50 each;
lot on Keystone street, 500.
Black & Baird sold to Theodore Cappell
lot on the west side of Atwood street, Oak
land. 24Nl00 feet. to an alley, being No. in
the Lowrev & Flynn plan, for $26iO cash.
Mr. Cappell will ut once improve the prop
srty by the erection of handsome dwell
ing
John X. Ewing & Co. sold to William H.
Stevenson for j. & S. McNausher, in their
plan, Twelfth ward, Allegheny, a lot 25xl72
IN Pipe street, Tor $780, on monthly pay
nents
c. l.. Straub & Sons sold another of their
Park lots being No. S. and
ronting 50x160 OH Beechwood avenue, for
IS, $50.
j. E. Glass sold for A. L. Watkins lot No.
81 in the Sawyer plan, on Morningside ave-
lue, for $500.
W. E. Hamnett & Co., of Williamsburg sold
! lot on South Street, Williamsburg, tor 81. .4JO
ash.