Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-02-27
FEATURES OF MONEY AND SPECULATION

not more than % feet front and not more
than 45 feet high, the foundation or cellar
walls shall not be less than 18 inches in
thickness, the party walls not less than 13
| inches, and the front walls not less than 15
inches in thickness: in all buildings with a
front of not less than 20 nor more than u
feet, and not more than 55 feet high, the
foundation or cellar walls shall not be
less than 20 inches in thickness, the party
walls not less than 13 inches, and the front
walls not less than 1S inches to the height OF
the first story, and 13 inches the remainder
of the height; in all building with front OF
more than % feet and not more than 65 feet
high, the foundation or cellar walls shall
not be less than "a inches in thickness, the
party walls not less than 1S to the height of
the first story and 13 inches the remainder
of the height, and the front walls % inches
in the cellar, % inches to the. height of the
first story and II inches the remainder of
the height.
Whenever any builder, owner or con-
tractor may construct or erect any building
to greater height than those above speci-
fed, the increased thickness of the walls
shall be determined by the inspector; pro-
vided that in any case where the proposed
building is to be used for a storehouse the
party or division walls shall not be less than
! Is inches the full height thereof The
rural portions of the city are excluded from
these requirements
Changes in New York.
In this connection it is pertinent to re-
mark that there has been introduced into
| the Assembly of the State of New York
| bill for the revision and amendment of the
| building laws of New York City. The full
| text of the bill is not at hand, but according
| to summary of its provisions the walls of
buildings will be required to be thicker
| than at present sanctioned, and there must
| be four inches of brick between floor beams.
All buildings, including dwellings, over
| five stories in height, mnst be hreproof.
| There is a provision which requires that
within 80 days of the passage of the act,
| owners of factories must employ competent
experts to compute the weight on each floor
of their factories This statement, after it
has been sworn to by the expert and owner,
must be forwarded to the Superintendent of
Buildings, who is authorized to remove all
extra weights.
The bill also provides for bureau of
electrical appliances connected with the
fire department, and empowers the Board
of Fire Commissioners to make rules.and
regulations in regard to wires and apPli-
ances to furnish electric light, heat and
power placed within any building. The
at 20 pounds foot, for Office buildings at
100 pounds, and for factories at $50 pounds
Business News and Gossip.
The proposed sale of the Exchange build
ing is opposed by a respectable minority of
the members, but 1t will probably go
through.
Seasongood & Mayer, of Cincinnati, have
purchased the $35, 600 per cent refunders of
Alliance, O., paying Il premium of 1915.
John E. Harrison has sold to F. J. Harri-
son 120 acres in Harrison township, with
improvements, for $l5,40O.
At the last call yesterday Electric scrip
was offered at par. For Manchester Trac-
tion 391s was bid, offered at 401s; Duquesne,
90 bid, offered at 2319: Birmingham, 24ss bid,
offered at PAY For United States Glass
Company preferred LOG was bid. Pleasant
Valley first mortgage 5s were offered ut los
and interest and the new IS at par.
new enterprise, the Jefferson Coal Com
pany has just been chartered at Pied
mont, w. Va. II. G. Davis is President. The
capital is 100000.
Over 100000 shares of Thomson Houston
stock have assented to the consolidation
agreement with the Edison General
Electric Company. This is more than the
majority of stock needed to confirm the
deal.
Twelve permits for buildings and additions
were issued yesterday, aggregating in esti-
mated cost s25,95o: The most important
were these: To Thomas Marshall, iron
ward TO cost 81, coo; to j. r. Smith, printing
office, Grant street, Second ward, to cost
$1,000; to McGill & Co., iron-clad machine
shop. smallman street, corner Twenty
seventh, to cost 1915; to Mrs. Mary Stewart,
brick twostory dwelling Atlantic avenue,
Twentieth ward, to cost 81 500.
On and after May next all passengers who
cross the North river to New York and
Brooklyn on the Pennsylvania Railroad
ferryboats will occupy, upper decks, while
the present cabins will become lower decks
horses vehicles
Money to put in the Chicago cable road
system was obtained in Pittsburg.
Buyers of lots in the Blair Land Company's
plan have plain sailing. 1t is not mixed up
with the affairs of any other company and is
sound as dollar.
Movements in Realty.
A fine two-story and mansard pressed |
brick dwelling on Fifth avenue, lot 22x12O, to |
Ann street, just beyond Jumonvllle, changed |
ownership yesterday, the consideration |
being S., 500. The purchaser, a business man,
will occupy it as residence.
Negotiations are about closed by James |
W. Drape Il Co. for large tract of land near
suburban hotel. The property embraces
having Il fine river view.
Black & Baird sold for Sarah Dicus to
Henry Heuring, the property No. 81 Sheffield
street, Allegheny, being a two-story frame
dwelling on lot 20xl34 feet through to Ham
lin street, for S., 100.
j. B. Larkin & Co. sold to Amos Wringold
for the Blair Land Company, three lots at
Blair station, for 81, 200.
Allies Bros. & Co. sold for John Canister to
Annie and Jane Smith, lot 25x124 feet, on
Bryant street, East End, for $S25
w. G. Beringer Il Co. sold u lot 20x15O feet
on Dearborn street, near Winebidule for
Mrs. Mary Cordier: consideratio $780, The |
purchaser, William 1saacson, will build at
once.
John F. Sweeney sold for Fox & Watkins,
the well-known East End contractors to
Anson j. Dill, of Allegheny, O new nine-
roomed frame-house, with all modern con-
situate on Euclid avenue, near
Stanton, fronting % feet on Euclid and ex-
tending back 1875 feet to an alley the con-
sideration being $4,700.
James w. Drape & Co. sold two houses and
lots on Carson street, Southside, for 81 $50
cash; also house and lot on Union street, |
Allegheny, for 4,5C0; also SIX lots at Munhall
Terrace Tor 81 600; also collateral interest
i'll three properties near the City for 81, 500
cash.
a. J. Pentecost sold a lot on Penn
avenue, Eighth ward, Allegheny. 25xl00. with
a two-story frame dwelling, known as No.
2l7, for 81, ,900
Peter Shiclds sold the lots, Nos. III and I72,
ea ch 30x90 feet located on Hoosac street in
the Greenfield avenue plan, Twenty-third
ward, to James r. Treat, Ior $945.
j. L. Glass sold for A. c. Watkins lot No.
II in the Allequippa place plan No. 2, for $3.50.
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