Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-01-28
SOME NEW WRINKLES.
Important Leases of Business Prop
erty, One in Allegheny.
ANOTHER MOVEMENT In ACREAGE.
Northsiders Aroused to the Importance of
rerrysville Avende.
PROSPECTIVE EXODUS TO THE EAST END

summated yesterday by the Blac6 & Baird
agency. One was for Mrs. A. E. Schmertz
to A. Bertonia of the entire building Nos.
113 and 115 Smithfield street, for three years,
at an annual rental of $1,000. This is all
advance of about $1,000 over tbe former
rate. The other lease was to f. Moyle &
Co. of the four-story building No. 165 La
cock street, Allegheny, for 81, 700 year. A
short time ago gentleman leased build
ing on an avenue near the postoffice. Yes
terday he was offered bonus of s., 900 for
the property by a new firm wanting to start
business in that locality.
A Movement at Sharpsburg.
A land and improvement company, COM
posed of local capitalists, has been formed
by Sloane & Co. to purchase and build up q
tract of land just above Sharpsburg. con-
sisting of about IS acres, but negotiations
are making slow progress on account of the
exalted views of the owner. A little con-
cession on his part, it is believed, would re-
suit in a deal at once As a sample of
values in that locality, another tract, not
quite SO large, about 20 minutes walk
from the railroad, is held close to $500 an
acre. Should negotiations ultimately fall
through the company will turn its atten-
tion to some other quarter.
A Change OF Base.
Several prominent Allegheny City fami-
lies have about made up their minds to pull
up stakes and colonize in what is known as
the Squirrel Hill district, Twenty-second
ward. The matter has been kept very quiet,
but it leaked out yesterday somehow.
for the present This information confirms
Mt 70 he n
column few weeks ago. Having practi-
cally unlimited means it is needless TO say
that any Improvements they may make will
be equal to the best architectural achieve
ments in the entire East End. One reason
assigned for this contemplated exodus is
that the return to coal by many of the mills
and private families is rendering their quar-
ter of the Northside unpleasant for residence
purposes.
Rip Van Wrinkles Wake-Up.
The people of the Northside beyond OBJ
servatory Hill are awakening to the fact
that in the matter of roads affording travel
ing facilities, and the consequent apprecia-
tion of values, they have been practically
asleep for years The fine territory reached
bv the Perrysville road would afford beau
'tiful sites for nice residences were there
good roads upon which to travel. Some
hope of relief is felt to be at hand, as the
City Engineer is endeavoring to establish
grade acceptable to majority of the prop
erty holders. From the natural lay of the
ground it is impossible to please everybody.
One side of the avenue being high and the
other low, there must be compromise in
order to have any improvement at all. So
long as the present condition of this avenue
exists there can be no permanent advance
ment. Upon the success of the present
movement depends the Development of the
virgin territory of the hill district. Had
this been done years ago the East End
would not have got ahead of Allegheny as
it has done. This is really matter of pub
lie concern, and the citizens generally
should take deep interest in all that per-
tains to the Improvement of this great SUBJ
urban artery.
Business News and Gossip.
The Central Traction Company yesterday,
as a matter of necessity. abandoned the use
of natural gas and went back to coal.
The local stock market took a rest yester-
day. The pace had been too rapid to be
kept up.
The differences between Edgewood bor-
ough and the Williamsburg Electric Company
have been settled. The contract for street
lighting was signed yesterday.
J. F. Haney has sold to Pusey & Kerr
2O3xl9l feet, with improvements ON Lincoln
street, Lincoln township, for 81, 500.
steamer from Auckland recently landed
in London a cargo of 10000 sheep and 1000
cattle, frozen and dressed for the market
and at prices lower than those charged for
American meats.
The Rice Trust deal at New Orleans is said
to have been consummated.
Stockholders of the Pittsburg, Allegheny
and Manchester Traction Company yester-
day voted to issue $500, 600 additional bonds,
raj eli he n
After the last call yesterday 2O12 was bid
for Duquesne Traction and 1881 for Birming
ham.
The Reading Railroad statement shows
total profits for December of s947, 900.
The stockholders of the Washington
County Glass Comnany have decided to in
crease the concerns capital stock from '$4O,-
The annual meeting OF the CHARTERS
Valley Gas Company will be held to-day.
Some of the Eastern stockholders arrived in
At 10 o'clock today the operty of the
Trimble estate. on Penn avenue and Barkers
alley. will be offered at public sale by James
p. Quinn, trustee and administrator
A strong market for gas stocks and
scarcity of fuel at the same time could
scarcely be expected.
1t is said the promoters of the 12-story
building scheme are dickering for 90 feet
more adjoining the properties mentioned
yesterday.
No building permits were called for on
q stable, to cost $780, The list will lengthen
when the sun begins to strengthen.
Movements in Realty.
Charles Somers yesterday closed the sale
of a $4,000 Neville Island property. A
prominent Allegheny business man was the
purchaser and Joseph N. Waters the seller.
The property is situated near the center of
the island, almost opposite Dixmont, and
embraces % acres, more or less, with house,
barn, hot houses and other improvements
This is the first considerable sale of realty
reported on the island for some time, but
the price paid indicates that owners there
are not disposed to shade fun values.
Mr.. Z. F. Daume, with Black & Baird, yes
terday sold to d. j. Evans, of Evans Gun
ningham Jones, the Oliver tract, a little
over twoacres, on Frazier street, Fourteenth
on the market at once.
Baltensperger q Williams sold five more
lots in the Weinnan plan, Mount Washing
ton, being Nos. "a, 35, Sc. 81 and IS for $1,000
III. Schwerin of lot 20 feet front on Heron
avenue, in Kings plan, Thirteenth ward,
near Central cable line, for $675.
w. E. Hamnett Il Co, of Williamsburg, sold |
a lot corner Of Biddfe avenue and Alfred |
street. Williamsburg, for "a 900.
the following sale OF lots at keusington: |!
David s. Blean, Bloserville, lot %, block Is, !
s722 50; Thomas g. Gillespie, Newville, lot So |
block ID, S122 80; Isaac Hester, lot 80, block |
J, 1926 cash; Henry Winkler and John Sem |
pie, lot l3 block r. $977 80: Henry Schaus, lot |
n. II. so, block s. 1925 cash: Mrs. Kate Sohl, |
lots 4, and 6, block ls 81 S56 25; Mrs. Annie |
Hanspel, lot a. block q SASS IS; John But |
kerayt, lot l40, block 5, $780,