Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-05-29
TRADE OF THE WEEK.
No Special Change in Conditions,
but Some Improvement Noted.
MANY NEW BUILDING SCHEMES.
Catalogue Of New and Interesting Events
in City and Suburban Realty.
FEATURES OF MONEY AND SPECULATION

General business picked up some last
| week, but left abundant room for further
improvement There was wider demand
for money, and rates stiffened a little.
Stocks were quiet with some shading in
values. If there was any change in iron it
was for the better. Real estate exhibited
no special activity, but the inquiry was
good and sales large in tho .aggregat e.
Building was prosecuted with energy, and
made satisfactory record. There were no
wicked rumorA Warm, dry weather would
bring everything out all right in short
| time.
One Hundred Acres Change Hands.
1t was rumored yesterday that M. P.
Howley and John j. Howley, the real es-
tate dealers, had purchased over 100 acres
of land on Squirrel Hill, aggregating $780,
900, or about $500 per acre. This is the
largest and most important real estate sale
that has been closed for suburban property
for years The property purchased is said
to be the choicest residence property in that
beautiful section of the city. Neither of the
gentlemen could be found at their Office,
but the above information is from a reliable
source and can be depended upon.
Bought for HomeA
Two interesting transactions in East End
| realty were concluded yesterday by w. G.
| Stewart. He sold for W. j. A. Kenned v
through the Liggett Bros. agency to J. 7.
Wheeler, of the Sterling Steel Company,
400 feet on Forbes street, Squirrel Hill, for
$50, 900 cash, and to Charles F. McKenna
ESQ.,, S0x181 feet, with a handsome brick
rrosn Ch.I 81.
$3.50 cash. Mr.. Wheeler will build
residence of the colonial order costing not
| less than SIS, 900. Mr.. McKenna will oc-
| cupy his place as permanent home. Mr..
| Stewart reports seven sales pending. which
aggregate q fraction over $500, 900, and the
difference on the entire amount between
| sellers and buyers does not average 10 per
cent.
Glenwood Acreage Picked Up.
Mr.. ]. c. Dick bought and sold half q
dozen parcels of property during the week.
Among his purchasers were 80 building lots
| at Haysville. for Sc, 900, and II acres at
| Glenwood, known as the Fisher property,
for so, 900. He intends to improve the
latter with a number of neat frame dwell
ings The acquisition at Havsville was
made on the certainty Of rapid transit to
that place sooner or later
Fifth Avenue Not Neglected.
A deal of importance for its bearings on
the future Of popular thoroughfare was
| consummated Yesterday by Baxter, Thomp-
son & Co. They sold a fine three-story
brick busin ess house on Fifth avenue,
Eleventh ward, fronting 81 feet on Fifth
i and extending back 80 feet to Our alley, for
S14, ,000 This is the fifth property the
above firm has sold on this street this year.
Negotiations are pending for the sale of 4S
feet frontage on the same thoroughfare, with
good prospects of closing at an early date.
Fresh Building Schemes.
W. G. Johnston is erecting six frst-class
stone and pressed brick houses on his prop
erty, corner Howe street and South High
land avenue. They will occupy an entire
square, and be an ornament to that locality.
Mrs. George Halman is building fine red
stone and pressed brick dwelling on her
place adjoining Hotel Kenmawr. Ground
has been broken by j. NJ. Guffey on Center
and Sonth Negley avenues for an elegant
stone mansion. Mcfarland Bros have
completed plans for q commodious store on
Penn avenue, opposite the Fifth Avenue
Traction Company's depot, East Liberty.
w. G. Gray has purchased from w. G.
Lyme 100x125 feet near Penn avenue, Will
kinsburg, for $50 a foot, upon which he will
at once begin the erection of . home for
himself
Chance for Owners.
John Z. Ewing & Co. yesterday received
the following from Grover g. Seguin, In
dianapolis, Ind 1--we represent a customer
who wishes to buy piece of land in ALLIE
gheny for subdivision purposes, provided
we can find the piece of ground that he
wishes. He does not wish to pay to exceed
$500 or $500 per acre, and does not expect
to get over $150 per lot after sub-dividing.'
The ground should be near factories, and, If
possible, upon a street car or electric line
He means business, and will buy at once if
he can find a tract containing from 10 to 20
acres at the price named that fulfIls these
requirements Have you anything that
will suit? In replying please give all the
facts obtainable in regard to the property,
and state the best terms upon which it can
be bought"
An Interesting Rumor.
It was rumored yesterday that Mrs.
Elizabeth Sargent had sold 200 feet, more
or less, on Euclid avenue, near Stanton,
Nineteenth ward, at the rate of about $50
foot front. 1t is understood the purchaser,
whose name was not disclosed, will i'm
prove 1t with number of nice dwellings.
"A Possible Office Building.
There is talk of an office building some
a positive want One of the sites spoken
of is the lot recently purchased by j. G.
Schafer on o corner of Penn avenue and
Shady lane. A gentleman said yesterday
that if necessary money for the erection Of
q structure of this kind could be secured
within "a hours. E.
Special Features of Trade.
Financial and speculative institutions Of
the city will be closed tomorrow, Decora-
tion Day.
Traction company statements are in de-
mand. They would no doubt stimulate bust
ness in these securities.
Six-two permits were issued las week for
ss improvements, at an estimated cost of
sl72,2 ,26o. This is considerably better than
the week before.
Van Gorder & Lloyd report that all tho
lots, los, in the Enterprise plan, Twenty-first
ward, have been disposed Of
office building in East Liberty. AS stated
elsewhere, the matter is being talked up.
The boom in National Lead in the New
York market yesterday was hailed with de-
light by numerous local holders of this Be-
curity.
Another important manufacturing con-
ticulars of which will be given in a few days.
1t is understood the price paid for the
Hutchinson property on Fifth avenue
equals about $50 square foot. This beats
the record.
Pittsburg assumed seventh place among
Clearing House cities last week, leading Gin
cinnati and Baltimore.
Additional Points in Realty.
NJ r. Nipple & Co. opened during the week