Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-03-05

embracing the Wiley, the Blair and tn
Corwin farms, which, report has it, hav
been optioned to the United States Glas
| Company or some other concern. Indus
trial development has extended as far up a
Charleroi, AZ miles from the city. Th'
growth of this valley has been truly mar
velous and to old Pittsburgers who hav'
not visited it for some years the change tina
has taken place since their early acquaint
ance would, if they were to see it now, b.
indeed a surprise to them.
A Big Thing on Paper.
Among the magnificent Improvement
schemes on foot in New York is one for the
| annexation Of Manhattan Island to the
mainland. The projectors of this enter.
prise contend that if this were done il
would increase the valuations of real estate
in Harlem and the annexed district fully
500, ,OOO, 900, beside saving to the city an
immediate expenditure OF some $S, 600, 600
to SIC, 900, 900 for bridges and other improve
ments between the points named, and re-
claim some 235 acres of land, or say 16 city
lots, 25x100, per acre, total of 3,762 lots,
worth fully $40, 600, 900 when the avenues
and streets are extended. To accomplish
this object it is proposed to fill in the
Harlem river between Third and Eighth
avenues save a covered waterway 60 feet
wide between. these points, on the west side
of the river, So that the avenues and streets
of Harlem may be extended across into
Morrisania
Moving for Higher Prices.
Producers of hemlock lumber in Penn
sylvania are about to combine to strengthen
the market. People engaged in this indus
try will soon hold q meeting to receive re-
ports from manufacturers, to whom a prop
osition has been submitted to restrict pro-
duction 20 per cent. and advance prices that
much. The programme is that when 700,-
600, 900 feet sign, an announcement OF the
fact will be made, and the seasons business
will be done on that basis 1t would be
useless to say whether there are any pros
poets for success or not; those who are work
up the matter say there decidedly good
prospects that the thing will go through,
that the reduction in cut will be made, and
that hemlok will sell for more money than
last year.
Business News and Gossip.
The school building in Edgewood will be
finished in about month. The contract
price is $l7,5O0
An important statement is promised at
the approaching meeting of stockholders of
the Luster Mining Comany.
Robert Paul has sold to Nettie NICK.
Mothorel, 40x9l feet on Pacific avenue.
Twentieth ward, with a moderate dwelling,
for Sc, 300S
An increase in the capital stock of the
American Sugar Refineries Comany is talked
OF. Three-fourGhs OF the stockholders are
reported as asserting to this.
bidders for the $4,000 5 per cent High
school bonds OF Hamilton, q.
Outside the exchange Yesterday Julius F.
Stark sold $40 COO Birmingham bonds at 1907
and John ID. Bailey 20 Standard Plate Glass
at 40.
Bond quotations: Pittsburg Traction, IS,
los bid; Duquesne Traction. 5s 100 asked:
bid; Penn incline first mortgage, 6s 1osH
asked; Allegheny County Light. IS, l05;
Manchester Traction, 5s, l05Ql0!; Central
Traction. 5s. 1o435 asked.
1t is said that the Carnegie firm is negotiat-
ing for q large tract of land short distance
up the Monongahela.
Three permits were issued yesterday for
the erection of six buildings, aggregating
s., OBS The only one of importance was
taken out by T. W. Hisbitt for four frame
dwellings on Frazier street. Fourteenth
ward.
the Controllers call for statements will be
entirely favorable.
Movements In Realty.
A clergyman of this city last year pur-
chased piece of East End property at SO a
front foot. Last week he sold part of it at
SlI5 q foot. He thinks, from his experience,
that the East End is good place to invest
in realty.
Frank L. Ober, n house and lot 25xs5, on
Liberty street. Allegheny. for $1,000. They
also sold for Thomas J. Hawkins two lots,
foot, upon which the purchasers viii erect
ine residences.
Black & Baird sold to Willis C. George lot
No. III in J. H. Wnlock's plan at Hazelwood.
In depth ,-for $780,
James w. Drape 4 Co. sold five houses and
two Lots in Allegheny. belonging to corpora
line, for $s, $50; also a farm of 75 acres near
the city, and a house and three lots in the
ward, for $500; also seven
two lots in Orchard Grove plan, Mansfield,
Tor $500; also two lots and small building on
susquehanna street, East End, for $3.50; also
l collateral interest in q property in the
S. A. Dickie & Co. sold to Jas. P. Eecu lot
On Penn avenue, near Homewood avenue,
being part of the Pears property, 6Oxl76.17
feet, for SO, ,O00
Peter Shields sold lots Nos. l75 and l76, each
sox9o feet, located on Hoosac street in the
Greenfield avenue plan, Twenty-third ward,
to John =, and A. A: Melody TOR $780,
Watkins so lots in tho Oakland View plan. in
the Fourteenth ward; consideration, $ll, 900,
The purchaser. will improve the property by
grading streets, putting down sidewalks and
erecting number OF modern dwellings. He
also sold for A. c. Watkins lot No. 10 in the
Place plan No. 2, for $3.50.
ID. Behen & Son sold to James Jiles for W.
O'Hara and Alder streets. Twentieth ward,
With q soven-room frame house, for $5,0oO
j. Z. Glass sold for j. r. Bailey to c. II. Wat
kins 30 lots in the Oakland View plan, Four
tcenth ward: consideration. S1i,1Oo The
purchaser will improve the property by
grading streets, putting down sidewalks and
erecting number OF modern dwellings.
Charles Somers sold tho commission mer-
business of Nessrs. Koenig &
Schmidt, Liberty avenue, including stock,
casehold and entire equipment for about |
4, 900.
george Schmidt sold for Charles Hubner