Real estate record and builders' guide: [v. 94, no. 2429: Articles]: October 3, 1914
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580
RECORD AND GUIDE
October 3, 1914
BUILDING MATERIALS AND SUPPLIES
PRICE CHANGES INDICATE WIDE VARIANCE IN DEMAND AND
SUPPLY—PLATE GLASS QUOTATIONS NOW 90-30 AND STIFF
Pig Iron and Steel Weak—Portland
Cement Shaded—Plan Filings Show Gain
miiiiiaiiiii
PRICE changes reported as of Octo¬
ber 1, in the building material and
stipply department, indicate wide vari¬
ance in supply and demand. Plate glass,
which was quoted at 90-25 off list prior
to September 15. but was cut consider¬
ably by small jobbers, is now 90-30 and
stiff, with prospects of further tighten¬
ing if the demand develops any more.
Pig iron, the barometer of the future
steel market, is weak at $14.45, while last
year at this time it was bringing $15.25.
Both the iron and steel markets are un¬
easy, with competition driving prices
considerably below current quotations.
Structural material, for instance, is be¬
ing quoted at tidewater at 1.31 to 1.36c.,
but actual figures are reported to be
mtich lower on good orders. Brick from
the Hudson River district is a little
firmer, at $5.00 to $5.50 a thousand, dock,
N. Y., but Newark yard prices show-
no change. Portland cement is still be¬
ing cut by certain small companies under
the $1.58 level. Lime at $1.25 is not as
firm as it was at the same level on Sep¬
tember first.
American linseed oil is quoted three
cents below the sixty-cent level current
September first. Hardw^oods are stif¬
fer, reflecting the big gain in altera¬
tion work. Paints and varnishes are stif¬
fer, owing to the shutting off of supplies
from abroad, especially coal tar color
products. White lead is stiffening, which
also helps to put up the price of paints.
Coal shipments are heavy, and there is
considerable activity on the part of build¬
ing managers to safeguard their ship¬
ments and supplies. The Reading in¬
terests announced that they would oper¬
ate their plants continuously to keep pace
with the exceptionally heavy demand for
commercial and domestic sizes. Port
Reading, along the Staten Island Sound,
has more coal in cars awaiting export
than it ever has had before.
Pipe mills are encouraged by the de¬
mand for tubing. Bookings have been
increasing to such an extent of late by
reason of foreign purchases that in¬
creased capacity has been thrown in.
Wire and nail mills are now operating
at 75 per cent, capacity, whereas 60 per
cent, was the prevailing rate of output
two months ago. Sheets and bars, on
the other hand, are extremely dull.
All naval stores, such as rope, rosin,
acids, and potash, are higher. Lubricat¬
ing oils show no change from the 13
and 13^ cent quotations ruling before
the war.
The summary action taken by thc
Treasury Department against banks
which have been hoarding funds will, it
is believed, be prolific of good results in
the building trades. Plan filings have
shown that realty interests have felt a
demand for more commercial buildings
and industrial plant extension, but the
difticulty has been_ to induce banks to
finance the enterprises, regardless of in¬
terest rates offered.
Plan filings in the five boroughs for
the week closing noon yesterday fol¬
low. In the same week last year there
w^ere 190 buildings projected, valued at
$1,312,680.
/-------Week ending------->.
Sept. 25. Oct. 2.
Xo. Value. No. Value.
Manhattan ..... 4 $954,650 7 §1,820.500
BTonx .......... 11 269,775 18 356,625
Brooklyn ......80 412,925 92 534 800
Queens ........75 325,798 50 136!655
Richmond ......20 28,020 21 37,785
Total ........190 $1,991,168 188 $2,886,365
C03IM0N BRICK.
Registered Unloading; SboivH (â– oin—Sales
More Ac tire.
TT UDSON common brick sold a little more
*^ actively on the wholesale market this
week, but prices remained unchanged. Ship¬
ments are restricted, the week closing with a
reserve of four bargeloads or a little more
than a million brick, as against 48 bargeloads
or 16.800,000 brick in the corresponding week
last year.
Official transactions for Hudson River brick
covering the week ending Thursday, Oct. 1,
in the wholesale market, with comparison for
the corresponding period last year, and a com¬
parative statement of Hudson Rivers unloaded
from barges for consumption here, follow:
1014.
Left over, Friday A. M.. Sept. 25—6.
Arrived. Sold.
Friday. Sept. 25................. 6 7
Saturday, Sept. 26............... 7 5
Monday, Sept. 28................11 10
Tuesday, Sept. 29............... 3 5
Wednesday, Sept. 30.............4 7
Thursday, Oct. 1................ 7 5
Total..........................38 39
Reported en route, Friday, Oct. 2—4.
Condition of market, weak. Prices: Hud¬
sons. $5 to $5.50 (shaded) ; Raritans, $5.25
to $5.50 (wholesale dock, N. Y.) ; (for dealers*
prices add profit and cartage) ; Newark, -----
to 7.25 (yard). Nominal. Left over Friday
a. m.. Oct. 2—5.
HUDSON RIVER BRICK UNLOADED.
(Current and last week compared.)
Sept. 18....... 957,000 Sept. 25....... &35,000
Sept. 19....... 618,500 Sept. 26....... 596,000
Sept. 21....... 915.000 Sept. 28.......1,183,000
Sept. 22.......1,000.500 Sept 29.......1,128.000
Sept:. 23.......1.O2.5.000 Sept. 30....... 910,000
Sept. 24.......1.013,000 Oct. 1.......1,210,500
yard, $7.25 to S7.50, stiff. Left over Friday
a. m., Oct. 3—iS.
OFFICIAL SUMMARY.
Left over Jan. 1, 1914................... 87
Total .\o. bargeloads arrived, including
left over bargeloads, Jan. 1 to Oct. 1,
^li»n .................................. 1235
Total No. bargeloads sold Jan. 1 to Oct. 1,
1014 .................................. 1230
Total No. bargeloads left over Oct. 2,
1914 .................................. 5
Total No. bargeloads left over Jan. 1. 1913 113
Total No. bargeloads arrived, including
left over. Jan. 1 to Oct. 2, 1913........ 1551
Total No. bargeloads sold Jan. 1 to Oct. 2,
1913 .................................. 1503
Total No. bargeloads left over Oct. 3, 1913 48
PLATE GL..\SS.
Discounts Now 90-30 and Stiffening-—
Forelgm Supply Cut.
p LATE glass of all kinds Is now quoted at
* 90-30 and is stiffening. Jobbers report
heavy demand following the shutting off of for¬
eign supply, but little of which is of a specula¬
tive nature. American mills have suddenly had
to bear the plate glass demand of tbe world.
.5,862,500
Total........5,538,000 Total..
1913.
Left over, Friday A. M., Sept. 26—42.
Arrived. Sold.
Friday, Sept. 26.................13 7
Saturday. Sept. 27...............5 4
Monday. Sept. 29................15 18
Tuesday. Sept. 30...............1 2
Wednesday. Oct. 1...............7 8
Thursday. Oct. 2................ 8 4
Total..........................49 43
Condition of market, stiffening at top quota¬
tions. Price: Hudsons, $5.50 to $6; Newark,
CO A I..
Anthracite Mills WIU Run Continuously
From Nott On.
A NTHRACITE coal plants have to operate
** their plants continuously from now on if
they expect to keep up witb the demand for
domestic and small commercial sizes. Tbe
Reading has taken the first definite action in
this respect. Consumers seem desirous of get¬
ting as much coal in store as possible to fore¬
stall eventualities arising from shortage at the
mines later on. Prices have not changed. Port
Reading reports a larger quantity of soft coal
on cars awaiting export orders than it ever has
had before.
W
WIRE AXD PIPE.
Mills Enoonrasred bv Freer BuTing of
Tublne—PInte Mills Actire.
' IRE and pipe mills are planning to in¬
crease their capacities. Of all the sub¬
sidiary plants of the United States Steel Cor¬
poration the plate mills are rolling the heaviest
:?utput while structural steel mills are run¬
ning as low as 30 and 40 per cent. Pig iron
demand is light in all sections. Last month's
fabricating orders totaled only 55,000 tons, a
gain of about 7,000 tons as reported for August.
CURRENT WHOLESALE PRICES.!
CURRENT wholesale prices, prevailing
on the Building Material Exchange
and elsewhere in the Metropolitan district
at the close of the last quarter, are as fol¬
lows. In each case the quotations given
belo'w "were those prevailing up to noon,
'.^ct. 1, 1914.
Note.—Current price clranges are indicated by
black-face type. For comparison see Record
c^ Guide, Sept. 5, 1914.
BRICK— ,
Hudson common ............$5.00@$5.50
Karitan common ............. 5.25@ 5.50
2d hand common.............. 3.00@------
Newark (yard) .............. 6.75@------
Front or face ................1S.00@36.00
CEMENT ("Wholesale, 500 bbls. lots and
over, along side dock, N. Y".):
Domestic Portland ...........------@$1.58
Con. Rosendale Nat...........90@ nom
Alsen's German.......No. quot.
Dyckerhoff German. . . .No quot.
CRUSHED STONE (500 cu. yd. lots F. O.
B. along side dock N. Y., wholesale):
Trap rock, 11^ in................... $1.00
Trap rock, % in................... 1.20
Bluestone, IV2 in....................95
Bluestone, % in...............$1.15@ 1.30
Glass, Window— Discounts.
Single thick ...........90-10 & 90-15
Double thick ...........90-10 & 90-20
Plate ................. 90-30
GRAVEL (500 cu. yd. lots F. O. B. along
side dock N. Y., wholesale);
1^2 in............................... $0.90
^i in............................... $1.00
HOLLOW TILE (fireproofing. Prices F.
O. B. factory, Perth Amboy, N. J.):
Exterior—
4x12x12 in..................... $0.06
6x12x12 in......................084'
8x12x12 in......................102
10x12x12 in..................... 12
12x12x12 in.....................I5
Interior—
2x12x12 in..................... $0,048
3x12x12 in......................048
4x12x12 in......................054
0x12x12 in......................072
8x13x12 in......................096
LIME (Standard 300 lb. bbls. wholesale,
select finishing):
Farnham Cheshire, finishing. .. —@$1.55
Eastern, common .........$1.25 nominal
LINSEED Oil.—
American Seed City Raw......$0.56@$0..%7
American Seed Citv Boiled.....57@ ,5S
LUBRICANTS (Mineral):
Black, refined, summer.........13 (S)13i4
Black, reduced, 27 gravity, 35@30
c. t.........................nv.@u
Wax. crude .............per lb. 3i;^@ 3%
Cylinder, light filtered.........21i,C@23
Cylinder, dark, steam, refined. .15^^ @25
LUMBER (Wholesale prices. New York
City):
Yellow pine (merchantable 1905, f. o. b.
N. Y.3:
8 to 12 in..............$21.50@$25.00
14 to 16 in.............. 27.50(g) 31-50
Heart face siding 4-4 &
5-4 ................... 29.50(g) 30.00
Flooring, 13-16x2% & 3
ins................... 15.00@ 28.00
Heart face, siding 4-4 &
5-4 .................. 3T.00@ ------
Hemlock. Pa., f. o. b. N. Y.
base price, per M........ ------@ 24.50
Hemlock. W. Va. base price
per M.................. ------@ 24.50
Hemlock, Eastern mixed
cargoes ................ 20.00@ 22.00
(To mixed cargo price add freight $1.50.)
Spruce Canadian ..........$24.00 @ $25.00
Spruce (W. Va. f. o. b. N. Y.. lighterage
limits):
2x4, 18 and 20 ft.................. $27.50
2x6, 10 and 14 ft.................. 22.0(W
2x8. 12 and 14 ft.................. 23 00^
2x10, 3x10. 10 to 16 ft............. 27.00
SxS and under, 16 ft. and under... 24.00
9 in., 16 ft. and under............. 29 00
4x10 to 10x10. 16 ft. and under___ 29.00
2x12 and 3x12. 16 ft. and under___ 29.00
12 in., 18 and 20 ft................ 30.00
Add $1.00 per M. for each inch over 12
ins.
Add $1.00 per M. for every 2 ft. over 20
ft. in length.
1x2 shingling lath, rough or dressed
one side ......................$26.00
4-4x6" merchantable quality....... 26.00
4-4x8" merchantable .............. 24.00
4-4x10" merchantable .............. 27.00
4-4x12" merchantable quality...... 30.50
LATH (Eastern spruce f. o. b. N. Y.):
1^2-in. round wood ..........------@------
l^--in. slab ..................$4.00@$4.10
Plaster—(Basic dealer prices, at yard»
Manhattan):
Masons finishing in 100 lb.
bags, per ton ............$10.50@------
BLOCKS—
2 in. (solid) per sq. ft.............06
3 in. (hollow) .....................06^^
4 in. (hollow) .....................07^
Boards % in. thick, per sq. yd.....16
SAND—
Screened and washed Cow Bay. 500
cu. yd. lots, wholesale.......... $0.50
SLATE (Per Square. N. Y.):
Penn. Bangor ribbon..........$4.10fl7'$4.7.'i
Munson, Maine. No. 1......... 5.50(fi) 7.75
Munson. Maine No. 2......... 4.50^ 6 75
No, 1 red.....................lO.On ra)12.n0
Unfading green .............. A.OOfa) fi.OO
Genuine Bangor .............. 4.7.5'?? 6.75
Pen Argyle ................... i.OOdj) 6.00
Vermont, sea green........... 3.00[S) 4.20
STRUCTURAL STEEL Ctidewater)"Spot:
Beams and channels up to 14 in.l. Slffi) 1.36
Beams and channels over 14 in. 1.31f3) 1.36
Angles 3x2 up to 6x8.......... 1.31f?i) 1.36
Zees and tees ................. 1.31® 1.36
Steel bars, half extras........ 1.31® 1.36
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