Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-05-12
POINTS IN REALTY.
EX-C0llector Warmcastle Makes an
Investment in Acreage.
ALAwYER CLOSES TWOGOOD SALES
Reserve Township People Awake to the Ne.
cessity of Rapid Transit.
FEATURES OF MONEY AND SPECULATION

the Nimick property at Williamsburg
has been the source of several interesting
items during the last few months. 1t wa
sold to local syndicate not long ago by j.
H. Coleman & Co. for about $65, 900, with I
view to subdivision. The unexpected hap
pened, however, and it was again put or
the market as whole. A few days age
Mr.. S. B. Warmcastle became interested ir
it Yesterday afternoon papers were signed
by which it passed into his possession. The
price is understood to be $4,000
The purchaser will proceed at once to lay
the ground out in lots, which will be put in
the market at an early day. The tract con-
tains 80 acres. The improvement of thi.
property will be of great value to wilkins.
burg and the district of which it is the cen.
ter.
Sales by Lawyer.
Mr.. S. B. Donaldson, the well-known at
torney, has within few days sold two par
cells of real estate, the facts of which leaked
out yesterday. One of the properties is
located on Penn avenue, near Union sta
tion. 1t brought little more than $50, 600.
The purchaser is farmer residing near
Mansfield, who has lately made pile in
oil lands. The other property is at the
corner of Ross and Grant streets. 1t sold
for s12, 500. Jones & Laughlins being the
purchasers
Mr.. Donaldson is not a regular real estate
broker, but sellers and buyers in these in
stances being his clients, he conducted the
transactions to the satisfaction of all con-
cerned.
Reserve Township Aroused.
Reserve township is in the background
in point of material development on ac-
count of the absence of adequate transpor-
tatlon facilities But this obstacle is likely
to be removed in the early future. Citizens
will hold a meeting in few DAYS to take
measures looking to the building of an
electric road or rather the extension of the
Mt. Troy line, which will, according to ex-
isting plans. be continued to the northeast
ern limit of Spring Garden borough and
along the Reserve township road. From
this point it will be easy to connect with
the Perrysville avenue line. 1t is also pro-
posed to extend the road to Millvale
borough. officials of several of the transit
companies have been looking over the field,
and are satisfied that the scheme is en-
tirely feasible. The execution of this pro-
iect will bring into the market large
amount of finely located real estate.
The meeting referred to has been called to
forward this movement by devising ways
and means for raising the necessary funds.
Leading citizens and land owners of the
township are taking great interest in this
matter, and have expressed a willingness to
subscribe literally. 1t is expected that
something definite will be decided upon in
q short time.
Yesterdays Building Permits.
Eight permits were issued yesterday for
nine improvements, aggregating SIS, $780,
Those most important are: George Eard-
lev, two brick dwellings on Kansas street,
Twenty-third ward, $1,000; Central Baptht
Church, frame church on Lawson street,
Thirteenth ward, $500: Thomas Murphy,
brick dwelling on Hatfield street, Seven
teenth ward, $1,000; Thomas Stoski, frame
dwelling on Brereton avenue, Thirteenth
ward, 50, 500; Mrs. Blinkhoff, brick dwell
ing on Eleventh street, Twenty-ninth ward,
81, $50.
Special Features of Trade.
People in Reserve township are moving to
secure better transportation facilities.
Baxter, Thompson & Co. have the hand
soonest real estate sign in the city.
George Johnston's new quarters in the
Hostetter block, OH Fourth avenue, are not
ing several important deals in real estute
Insiders are predicting much higher prices
for sugar on the statement to be made pub
lie, which is to show S25 0O0, 900 net earned for
the year.
new enterprise has just been started in
the Union Collar Company for the
manufac OF this necessary article of horse
furniture. Mr.. Theodore Anschutz is one of
the promoters.
Application will soon be made for char
ter for the Bellefeld Land Company, the
object Of which is to develop acreage in that
Westinghouse Machine Company stock
wns quoted on the Exchange yesterday ut
30@40. Union Switch and Signal 6's were Of
tered at par and interest.
SOuthSiders are vigorously pushing for
ward one or two rapid transit schemes, and
are confident of success i'll the early future.
Any one of the lines in view will bring
large amount of land into the market.
Operators of planning mills at Wilkins burg
complain of scarcity of competent hands.
Additional Points in Realty
Deeds lately recorded show these sales:
Charles E. Speer, trustee, to D. j. Kennedy,
Esq, a tract of land in Speer-Dallas plan of
lots, Twenty first ward, for $4,000 Carl C.
Kohne to Charles C. Kohne, acres and 81
perches in Twenty-third ward, $4,000
A. j. Pentecost sold a lot 43x12O on Market
street. Fifth ward, Allegheny, with five two
story frame dwellings, for the estate of John
Wagner, for $3,675. The purchaser was o. c.
Taylor.
John K. Ewing & Co. sold to Mary Kerner
Tor B. A. Elliott, lot Ax1l5 on Magnolia
street, Tenth ward, Allegheny, being lot No.
II in the B. A. Elliott Company plan, for $3.50
,ash.
Charles Somers & Co. sold for G. B. Fehr q
residence property situated in the Thirty
first ward, comprising a lot fronting 3267
'eet on Mcpherson street. extending 1885
'eet in depth along Dallas avenue and con-
"a lining two frame houses, for s., 900. II. j.
Watkins was the purchaser.
w. A. Heron h Sons sold on Western,
lear Grant avenue, Allegheny, lot 45xl25
eet to an alley for $9, 900 cash. The pur-
chaser will improve the same at once.