Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-04-09
A .N0RTHSIDE DEAL.
Business Property Near Carnegie
Library Changes Hands.
OUTSIDE CAPITAL COMING IN.
An international Drygoods House Looking
for Site for Big Store.
FEATURES OF MONEY AND SPECULATION

| FEATURES UF MONE1 AND SPECULATl0I
Allegheny came forward yesterday wit
good real estate item. 1t is significant q
sign of returning life in quarter Ion,
given up to Rip Van Winkleism. John X
Ewing q Co. sold business property OF
Ohio street, near the Carnegie Library, fo
H. NJ. Schmith to George Artzberger, th'
shoe dealer, for S22, ,OO0 1t consists of
three-story brick building on a lot 20x9C
The house will be remodeled and occupied
| by the purchaser. This is the first trans
action in that locality for five or six years
The price is the highest ever paid on Ohio
street, and refutes the opinion held by some
that Northside values are deteriorating.
Outside Opinions of Pittsburg.
AS intimated on several occasions, con.
siderable outside capital is seeking invest
ment in Pittsburg real estate. An interna.
tional drygoods house is negotiating with
Black & Baird for building site on one
of the prominent thoroughfares, in dimen'
sions about 10ox250 feet, upon which to
erect mammoth store. The purchasers OF
enc of the :hree'tracts near Highland Park,
reported last week, are Philadelphia peo-
pie. Several Of the fine houses in Boule-
ward Place have been sold to outsiders A
Buffalo firm is another recent acquisition.
Some of the finest improvements in the
Baum plan are the work of Boston capi-
taIist. Two or three Fourth avenue agents
have Eastern orders on their books for CEN
trail and suburban properties. All this
shows that Pittsburg has good standing
abroad. Under the encouragement of such
practical confidence the market can scarcely
fail of steady growth and advancement. A
feature more prominent this season than
ever before, and a good one, too, is this:
The increase in rentals is causing many
people to buy or build homes who have
heretofore been tenants.
Street Railway Development.
The McKeesport Real Estate Bulletin says:
''The electric street railway service prom
Uses immediate snd rapid development;
competing companies are now contesting
for the privilege of laying tracks on the
principal streets and extending the lines to
the suburbs. The survey has already been
made for new line which will make con-
Meeting link between McKeesport and Will
merding. The Duquesne is preparing to
extend it's line into the heart of the city,
and belt line extending from the terminus
of Fifth avenue around the city, connecting
with the Walnut street line, is probabil-
ity of the early future
Among the Builders.
D,,sl
yesterday. Fourteen permits were issued
for 10 improvements, aggregating so, ,2S0.
Those of greatest value are: George j.
King, two frame dwellings on Reynolds
avenue, Twenty-second ward, 81, 700; Miss
Pearl Moody, brick addition to dwelling on
Second avenue, First ward, $4,000; Ann
Bubecht, brick three.story dwelling on
Mulberry alley, Twelfth ward, s., 800; NJ. S.
Bubecht, frame dwelling on Jane street,
Twenty-fourth ward, S1.825. A. W. Nc
Gahan, five frame dwellings on Albert street,
Thirty-second ward, S5, $50; H. Swoger,
frame dwelling on Penn avenue, Twentieth
ward, 81, 500.
Special Features Of Trade.
Arrangements are being made to e1pedi-
ate work on the lock factory at Blaine.
The Manhattan Club has purchased site
on Jane street, Twenty-sixth ward, for a
permanent home. 1t cost 1000.
The Leland and Richelieu Hotels and the
Equitable building in Chicago have been
sold for Sl,s75, ,0C0.
Mar-aret Braun has purchased 1O4xass feet
on Feilbach street, Millvale borough, for
S., 800. She will Improve with two or three
dwellings.
The offer to trade two East End residences
for two in Allegheny, advertised in The
DISPATCH, serves to modify the statement of
general exodus in the opposite direction.
The Knoxville Land improvement Com
pany reports good inquiry for lots in
Orchard place, and also good outlook for
building.
Buffalo, Rochester and Pittsburg Railroad
earnings for the last week of March were
1924. 720 an increase of S6, ,333
At Canton, O., 81. 600 paying bonds are due
but it has been discovered that there is only
So, SEQ with which to meet them. No pro-
vision has been made for funding the re-
mainder.
Andrew Caster sold yesterday $1,000
Braddock and Turtle Creek Passenger Rail
way 6's at par and interest. This is new
bond on this market He sold also 81 600 Du-
Quesne Traction bonds q t l0l
Mr.. John b. Jackson, President of the FL
deity Title and Trust Company, has broken
ground for q fine residence on Penn avenue,
the permit is $50, 600
Walker & Fox, who made good record in
Williamsburg. have commenced the erection
of seven brown stone fronts on Rippey
street, near Highland avenue.
Doinss of Real Estate Brokers,
Real estate brokers had fair run of in
quiries yesterday, but effected compara-
lively few sales. This was not seriously dis
appointing, as many of them are still ell
gagged in fixing up their offices for the spring
and summer.
Hoffman & Baldridge sold lots Nos. %, 90
and 30 in Palmer Place. Swissvale. Pennevl-
vania Railroad, for Henry Ii. Negley ior
s., 900.
James W. Drapc & Co sold 81 lots in Num-
hall Terrace plan, near Homestead, at prices
from $500 to S400 each, aggregating about
$4,000 also II houses and lots in the city
and near Etna for $4,000: also collateral
interest in three houses and lots in the sub
urbs of SO, 000
S. j. Flemming sold three frame houses of
five rooms each. corner property, lot 24xl00
feet, in Oakland. for S4.S0D: also sold prop
erty in CHARTERS lot 25x 100 with a four-room
frame house. outbuildings, ETC., for 81, 80.
Black & Baird sold to Rebecca Proctor lot
No. 2 in j. Walter Hays plan of Eenilworth
Place, fronting "a feet on Madison avenue
by 100 feet in depth to an alley, for 1857 so.
George Schmidt sold for Joseph Graham
two lots on Claybourne street 66xT25 feet to
Z. w. Houston. for s. 900.
5. A. Dickie & Co sold for William p. More
land & +, w. Haas to B. Morgan vacant