Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-03-19
CITY REAL ESTATE.
Ten Hillside Lots Change Hands for
Immediate Improvement.
WHAT THE BUILDERS ARE DOING.
A Spanish Gentleman Purchases q Home
in the East End District.
SEVERAL LARGE DEALS ON THE STRING

A number of investors are showing their
faith in hillside property by their works
One of these, Mr.. Thomas Sharon, yester-
day practically concluded negotiations for q
block of ten hillside lots in the Soho district.
In speaking of the transaction, he said:
'sThere is good demand for this kind of
property, by reason of the rapid absorption
of the lowlards putting prices up to pitch
beyond the reach of poor people. I expect
to build a house on each lot this season, and
feel certain of finding ready sale for them"
In this connection 1t may be stated as
matter of information that up to q recent
period hillside property was considered
worthless. It could hardly be given away.
The late James McGinness was the first to
make ANYTHING out of it. 1t was cheap, and
he bought right and left. The investment
turned out proftably. He left an. estate
valued at $500, 900.
Special Features Touched Up.
Black & Baird sold vest erday a stone house
in Boulevard Place to G. DuQue Estrada, u
Spanish gentleman OF some distinction, who
will make his home in this city.
The McGarvey building. No 156 Third ave-
nue., is being remodeled and a glass and
Reed B. Coyle Co. have sold rs lots in
GIenmawr Park, ten miles below the city,
OH the Fort Wayne Railroad, in the last
three months. Among the purchasers is an
East End builder, who expects to erect II or
Is houses this spring.
Henry Smith, who, short time ago, pur-
chased 60 feet of ground on Penn avenue,
near the Forks Of the Road, has removed the
old building to the rear of the lot and COM
menced the erection of four dwellings on
the Penn avenue front.
Massena Bros, who operate planning
mill at Williamsburg, report good outlook
for building in that district.
W. A. Heron & Sons expect to close an
important transaction in the lower part of
George Bolton has arranged with Con-
tractor Knobbs, of Lawrencevllle, for the
erection OF sl4, 900 dwelling on Maple street.
Edgewood. The site was purchased q short
time ago through the agency of Holman u
Baldridge.
An East End builder said yesterday that
at swissvale this spring.
A dtcker is going on for the purchase of
five-story business house on Grant street,
not far from the Cathedral.
General Business Notes.
Spring is in sight, and it is time for busi-
ness men to wake up.
At the afternoon stock call yesterday
Electric scrip was offered at 90, and 109 was
bid for U. S. Glass preferred.
Holders of traction bonds could easily find
customers if they wanted to sell. Buyers
are largely in the majority.
Loans and discounts of the IS State banks
of Pittsburg aggregate $40, 7s4, ,9l7. The Dollar
Savings Bank and the Real Estate Savings
Bank are not included.
The CHARTERS Railway Company has de-
clared semi-annual dividend of 4 per cent,
payable at the office of the company in Phil
adelphia on and after April to stockholders
of record March Is.
Three permits were issued yesterday for
the erection of buildings estimated to cost
81, $50
said to have closed several Western CON
tracts within the past few days.
The oil market shows no signs of revival.
Outsiders are letting it severely alone.
Transactions by Agents.
S. A. Dickie & Co. sold for John c. Knipp
to W. D. Cyphers, a twostory and attic frame
house, witE lot 2731ax75 feet, on Meadow street.
near Lowell street, Twenty-first ward, for
Sc, 500.
James W. Drape Co. closed negotiations
the city: also closed the sale of
six houses and lots in the city for $26 900; also
25 lots in Munhall Terrace plan, near Home
stead, for $3.50; also two lots in Mansfield
for $500.
Peter Shields sold lot No 1914, 30x9O feet,
located on Hoosac and AlGer streets, in tho
Greenfield avenue plan, Twenty-third ward,
for $780,
Joseph P. Rankin sold for Frank sempIe
to Mrs. Louisa j. McMasters a house and lot
on Clark street, Sewickley. for s., 800 cash.
Black Baird sold to Edward Kean a lot
on Rosetta street, in the Fafrmount place
plan. being part of lots Nos. 81 and 32 in
size 2116xl00 feet for $500.
Liggett Bros. sold for F. j. Hawkins to NJ
r. Grieves lot on Atlantic avenue, 50x1S0,
being lot No. in Anchor Bank plan, for
81, 900.