May 31, 1913





RECORD  AND   GUIDE





1143





MATT. J. W.ARD & CO., hotel brokers, have
sold the furniture, lease and business of the
Hotel Kingsborough, Gloversville, N. Y., for
Mr. Timothy Murphy, to Mr. W. G. McCarthy,
who  is  now in  possession.

J. G. VE.NETOS. proprietor of the Mohawk
Hotel, on Washington av. bet Greene and La¬
fayette avs. has bought the two 4-sty a_partment
houses adjoining the hotel at 360 and 3i3 Wash¬
ington  av,  on  plot  100x121.

THE A. ARE.NT CO. negotiated the recently
recorded sale ot the plot, 87.6x105, on the east
side of Fox st, 150 ft. south of Barretto st for
the Henry Morgenthau Co. to the 173d Street
Improvement Co.

AT A RECENT MEETING of the directors ot
the Bond Si Mortgage Guarantee Co., Harold W.
Hoyt was elected assistant treasurer to suc¬
ceed the late George W. Bailey, and Edgar 1.
Hillary  was  elected  an  assistant  secretary.

JOHNSONS ROAD HOUSE, reported sold, m
the news column, has been bought by J. tto-
maine Brown, who gave in exchange the 3-sty
dwelling at 318 West 140th st, also reported
sold,  in the news column.

VAN WYCK THORNE and J. Arthur Fischer
have placed two loans, one for .$53,000 at 4Vi%
and $10,000 second at 6% for Josephine Voel¬
ker and Rose Voelker, as Committee ot the Es¬
tate ot Louis Voelker on the premises 422
'7th av. New York City.

WILLIAM R. DENNEMANN, Albert C.
Friedman and Ernest Dennemann have formed
a partnership for the transaction of a general
real estate business under the title of Ernest
Dennemann Si Co., with offices in the Security
Bank building at Lexington  av and 25th st.

SCHINDLER Sl LIEBLER have been ap¬
pointed agents for the 6-sty apartments oc¬
cupying the block front on the west side of
Broadway, between 133d and 134th sts, and the
two 6-sty tenements at the northeast corner of
lOth av  and 20th st.

A. A. VANTI.NE & CO. are said to have
leased the 7-sty structure at the southwest
corner of Sth av and SOth st. from Michael
Dreicer, for 21 years. Webster B. Mabie & Co.
and Frank D. Veiller are reported to have been
the   brokers.

THE REPORTED SALE of the "Graham
Court" the big apartment house at 7th av
and 116th st, by William Waldorf Astor, was
denied by a representative of the owner. The
property has not been sold nor is there any in¬
tention of  selling it.

SUIT has been brought in the Supreme Court
by Felix M. Warburg and others as trustees of
Alfred M. Heinsheimer against the Bijou Real
Estate Co. and others to foreclose a mortgage
for $420,000 made by the company on June 9.
1909, on the Bijou Theatre property at 1237
and 1239 Broadway and 502 and 504 6th av.

THE M. MORGENTHAU, JR., CO. placed a
first mortgage loan ot ,$34,000 at 5 per cent,
for S years, for the Charles Bohland, Arthur
Alkier  and   Samuel   D.   Davis   Construction   Co.,





Member Brooklyn Board of Real Estate Brokers

JOHN  E. HENRY
REAL ESTATE

BOUGHT AND SOLD

Mortgages Secured                              Insurance

1251 BEDFORD AVENUE

Tele: hone. .5.500 Bedford                    BROOKLVN





Wants and Offers

The rate for Advertising under thisheadingis
15 cents per line, nonpareil measurement, with
a minimum of four lines. Copy received until
3 P. M, Friday.





WANTED liy prominent New York
Realty Company a clever and up-to-date
auctioneer, not over 35 years lOf agre, who
can give his whole and undivided time
and attention of their business. Liberal
salary and bright future assured to the
man who can measure up to requirements.
In answering give reference, experience,
etc. -Address "AUCTIONEER," Box 373,
Record  and   Guide.

SPECIAL, OFFER 5 0 7^ DISCOUNT.—
We have nn hand 15 complete sets of the
Annual Number of Record and Guide
Quarterly, from 1900 to 1911 (inclusive) —
12 volumes. These Annuals are indis¬
pensable to Real Estate firms and to any
one interested in real estate in Manhat¬
tan lOr Bronx. 5Ve offer these 12 volumes
at the very low price of $64.00 for a com¬
plete set. Settlement may be made in
quarterly payments. (Regular price,
$128.00, net.) You will have to act
qttickly, as they will last but a few days.
If you need only part of these Annuals
to fill out your office set, tho special-offer
price for v.olumes 1900 to 1907, inclusive,
is $5.00 each; 1908 to 1911, inclusive, $10.00
each, while they last. Don't delay a
minute. "W'rite or telephone your order to¬
day. Our telephone is l.SOO Brvant.
Realty Records Co., Ill) West 40th Street,
New York.____________________________________

We are entirely out ot the New Y'ork
Edition of the Record and Guide of March
1, 1913. We will pay 20 cents for this
number if both sections are delivered to
us in good condition. This offer "will ex¬
pire on .Tune 3, 1913. Record & Guide Com-
nonv.   119   5Vpst   4nth   Street.   New  York.

FIRST CLA.SS cement mason wishes
position of builder, day work or contract,
city or country. Best reference. Box,
Cement Mason,  323  East  72nd  St.





on the northeast corner of West End av and
OSth st, a 6-sty tenement on plot 40.3x100; also
for the Emandess Holding Co. a first mortgage
loan of $46,000, at 5 per cent., for 5 years, on
Nos. 64 and 66 East 97th st, a 6-sty apartment
house, on plot 50x100.11.

INTERESTI.XG among the various rumors in
circulation was the revival of the old story to
the eft'ect that a deal was pending for the
purchase of the New York Theatre property on
the east side of Broadway, from,44th to 43th st,
as a site for a skyscraper hotel. Charles P.
Taft was reported to be financially interested
in the transaction. No confirmation of the
rumor could be obtained. It is confidently be¬
lieved, however, by realty men that this particu¬
lar property will eventually be improved with a
big hotel.

FOLLOWING the incorporation of the Bronx
Terminal Corporation, on Tuesday, with a cap¬
ital stock of $2,000,000. it was learned that the
corporation is controlled by a syndicate in
which C. K. G. Billings. Frederick Johnson and
Anthony N. Brady are interested. The syn¬
dicate controls 2 acreage plots in the Hunt's
Point section, one containing about 100 acres,
in Hunt's Point av, with the water frontage,
and the other 100 acres, adjoining, and known
as the Spofford property. Both properties will
be developed as water front terminals.

--------*--------

PRODUCTIOiV OP ANTHR.\CITE CO.\Ii.

19ia Output of Hard Coal Exceeded

7.5,000.000  Long T011.S.

Tbe production of anthracite coal in Pennsyl¬
vania in 1912 was 75,310,049 long tons, valued
at the mines at $177,767,034, an average price
of $2.36 a ton, according to flgures just com¬
piled by Edward W. Parker, coal statistician
ot the United States Geological Survey. This is
a smaller production than in 1911 by 5,461,439
tons, but the value is greater by $2,814JU9.
The smaller production in 1912 was due entirely
to the suspension of mining operations during
April and part of May. Except for this the
year's output would probably have been a rec¬
ord breaKer. The shortage created by the sus¬
pension is estimated by Mr. Parker at about
10,3t!0,000 tons. The new agreement reached
with the miners provided for an advance of 10
per cent, on all wages over and above those
established by the original Strike Commission
and for the abolition of the sliding scale. To
meet this advance and other expenses the oper¬
ators advanced the prices of prepared sizes
of coal 25 'cents a ton, with the exception of
chestnut coal, which had been advanced the
previous   year.

The average price at the mines for anthra¬
cite in 1912. as shown by the returns of the
Geological Survey, was $2.36 a long ton, com¬
pared with $2.17 in 1911, $2.12 in 1010, $2.06
in 1909. and $2.13 in lOOS. The previous high¬
est average price for anthracite in recent years
was in 1903, when it was $2.2S a long ton.

An interesting feature of Mr. Parker's state-
■ ment is that there is at the present time a
market for almost any grade of coal that will
burn. No more coal goes to the culm piles
except for temporary storage and subsequent
recovery by washeries. The old culm banks
themselves are contributing their share to the
total production, and these unsightly monu¬
ments to former waste are rapidly disappearing.
Even the waste from the culm-bank washeries
is being made to serve a useful purpose by
flushing into the mines, partly filling old work¬
ings, where it cements together and furnishes
supports to the roof while the coal previously
left for pillars is removed. This utilization of
tbe waste prevents, too, the injury to farm
lands in the valleys, a serious cause of com¬
plaint among the farmers when, as in earlier
days, the waste from the washeries was spread
over their lands iu flood seasons. The recovery
from the culm banks and the output of small
sizes from freshly-mined coal constitute about
40 per cent, of the total quantity of anthracite
sent to  the market.

In this connection it is interesting to note
the circular price for anthracite at the mines
for the different sizes. Buckwheat, rice, and
barley sizes, which were formerly thrown away,
are now sold.

Circular Prices for Anthracite  at  the Mines  in
1911   and 1912,  per Long  Ton.
Size                                       1911.        1912.

Lump    .........................  $3.30       $3.50

Steamboat    ....................    3.00         3.00

B'rokcn  (furnace)   ..............    3.50         3.50

Egg    ...........................    3.73         S.75

Stove    .........................    3.75         4.00

Chestnut    ......................    4.00         4.15

Pea    ...........................    2.00         2..50

Buckwheat    ....................     1..50         1,50

Rice    ...........................538         .634

Barley    .........................339         .38S

The flgures presented by Mr. Parker indicate
that the average value per ton for all sizes ot
anthracite in 1912 was $2..16, or 20 cents above
the mining cost, after the agreement for 10 per
cent, increase in wages went into effect, while
the average value per ton in 1911 was 23 cents
above the mining cost.





The  New West Side Pier.

The Sinking Fund Commission has .Tpproved
plans submitted by Dock Commissioner R. A.
C. Smith for the construction of a 1.000-foot
pier, with slips 630 feet wide on each side, at
the foot of 46th street and the North  River.

This pier is intended to be the beginning of
the improvement which the city has decided
upon between 44th and .56th streets, to accom¬
modate the  great ocean  express  liners.

Upon the request of Commissioner Smith, the
Sinking Fund Commission authorized the be¬
ginning of condemnation proceedings on May 21.
when a public hearing will be given. The Dock
Commissioner estimates the cost of the pier
and a shed 1.200 feet long at .$2,7.13,000. The
estimate of the cost of propertv to be taken is
$911,000; of excavation, $600,000; of the con¬
struction of the pier, .$422,000, and of the shed
$802,000.





Loans on Concrete

The banker wants to be convinced
before he ventures to make a loan
on concrete buildings.

The question is chiefly one of lack
of knowledge of the facts. Present
facts pro\'ing that concrete is a
material of established merit, and
the loan is generally allowed.

We can pro\'ide the facts and
prove the merit of concrete to
anyone contemplating the con¬
struction of ai/industrial building.





TURNER CONSTRUCTION CO.

11 Broadway                        New York

Reinforced Concrete
Contractors and Engineers





Money to Loan on First Mortgages
42 and 5^





Joseph T. McMahon

REAL   ESTATE   and
MORTGAGE LOANS





188 and 190 MONTAGUE STREET

BROOKLYN

Telephone 834 Main





SPECIAL ATTENTION GIVEN TO

COLLECTING, RENTING
AND MANAGEMENT OF ESTATES





Member Brooklyn Board
of  Real  Estate   Brokers

BROOKLYN
REAL ESTATE

EXPERT APPRAISER

S. WELSCH

207 MONTAGUE STREET
Brooklyn

Tel. 2738-9 Main         Branch, 177 Seventh Avenue





LUMBER  AUCTION   SALE.

The Holland Co. of New York, 2 Rector
Street, will sell for the Pennsylvania Rail¬
road Oo. at public auction to the highest
bidder on THUUSD-W. JUNE 3TH, 1»1."J,
.IT 1:30 P. M.. at the P. R. R. shed, piers
and barges foot of Morgan Street, at
Hudson River, Jersey City, 13 lots ot Oak,
Y. Pine, N. C. Pine and Maple lumber,
various sizes amounting to 'about 210,410
B. M. and one carload of Box Shooks. 10'7r
cash part payment d.own required. Terms
of sale and list of lumber on application
to   Holland   Company.

Near Henderson. Grove and Exchange
Place stations of Hudson Tube R. R.. and
Penn., Erie, N. J. Central. Lackawanna
ferries. Morgan Street is 2 blocks north
of  Exchange  Place,   Jersey  City.