January 24, 1914
RECORD AND GUIDE
167
BUILDING MATERIALS AND SUPPLIES
â– â– I
PRESIDENT'S MESSAGE ON BIG BUSINESS GIVES MONEY EASIER
TONE AND REFLECTS ON MATERIAL DEMAND.—BRICK HIGHER.
Plans Filed This Year Show Gain over
Value for Corresponding Period LastJYear.
â– â– â– â– BWllllllllHl^^^^^^^^
BUILDERS, apparently encouraged
by the effect the President's mes¬
sage on the management of big business
has had upon the money market, and the
fact that the State highway bonds were
so tremendously oversubscribed, this
week, showed more inclination to come
into the material market on inquiry,
Thursday and Friday. Money, while
not yet easy, is not so tight as it
was during the close of last year. En¬
gagements for moderate building oper¬
ations outside of title and insurance com¬
panies were more numerous during the
last ten days than they were at this time
last year.
Up to the fifteenth of this month 198
buildings were projected in the four bor¬
oughs, costing $5,234,965, as against an
even number covering the same period
in 1913, involving a total cost, however,
of only $3,578,756.
The greatest gain was made in Brook¬
lyn, where the difference in cost figured
up to a gain of $1,405,995 in favor ol
this year. In Manhattan there was a
gain in the first fifteen days of 1914 over
the corresponding period last year of
$509,250. The first half of January, 1913,
shows a gain of about $300,000 over the
volume represented in construction in the
Bronx. Tendencies toward a building
revival in Queens is shown in the slight
gain in volume and value in favor of
this year.
Building statistics for the first half
of January in the metropolitan district
aggregate $2,005,000, as against $1,973,-
000 in the corresponding period last
year, indicating that construction work
has started the new year in better tone
than was the case a year ago. Manhat¬
tan, Bronx and Brooklyn commercial
operations show little change for the
better, but there is a steady improve¬
ment in the number of projects for in¬
dustrial and housing construction. This
accounts for the active movements in
moderate-price building materisl.
The Portland cement market was firm¬
er. Dyckerhoff German dropped to $2.10
a barrel in wholesale quantities alongside
dock, which puts it on a price parity
with Alsen's German. Both these ce¬
ments were quoted at $2.35 to $2.50 prior
to the passage of the new tariff law.
Wire reinforcement has improved on
demand so far that mill capacity has been
exceeded, and prices show an upward ten¬
dency. Crushed stone is still in good de¬
mand, even though prices are high. Tim¬
ber distributors are gradually withdraw-
mg concessions and price shadings from
the New York Lumber Trade Associa¬
tion's list. Gravel and sand are both
strong. Linseed oil is also firm.
• The coal situation is one that has an
alarming influence upon the supply mar¬
ket. The wholesale market reflects some
nervousness, with an increasing demand,
owing to the prospects of struggle at
the mines in April over the wage sched¬
ule. Far-sighted building managers and
dealers are trying to load up pending a
possible prolonged cessation of produc¬
tion.
Hudson common brick advanced fifty
cents per M on open and covered barges.
Raritan common made no change, how¬
ever, and metropolitan district dealers
' forebore raising prices, pending a further
strengthening of the market.
BRICK PRICBS ADVANCED.
Fifty Cents Added to Farmer Hudson
Q,uotatlans.
1-1 UpsON common brick prices were advanced
^ * this week fifty cents. The current quota¬
tions now are $6.00 to $6.50. A week ago $5.50
to $6.00 ruled in a sluggish market, but there
has been a slight improvement in unloading as
shown by the subjoined table. Earitan common
stands pat at $6.00 to $6.25 in an easv market.
Newark and Westchester dealers made to change
in their quotations on the ground that the
wholesale movement in New York was not yet
strong enough to warrant sustentation of any
advance, no matter how slight, they might
™ake. Newark yard prices continue at $7.25 to
$7.50.
The unloading of briek showed a slight gain
this week of 761,500 over that moved a week
ago by the Greater New York Brick Company
and there was a much better Inquiry for future
deliveries especially since contractors are not
being forced to use other materials because of
the fear that they might not be able to get
brick when they wanted it.
The gain in value of building plans flled as
shown in the statistics given In the editorial
review column ot this department over those
reported in the first half of January a year ago
may account, in some measure, at least, for a
stronger inquiry for common brick. There are
now 117 bargeloads or approximately 41,000,000
brick available for Immediate riding in market.
This is ample to take care of all the brick re¬
quirements of New York and the metropolitan
district even though the river should freeze up
for a week.
Official transactions for Hudson common brick
covering this week ending Thursday, Jan. 22
in the wholesale market, with comparisons for
the corresponding period last year and a com¬
parative statement of Hudson brick unloaded
from barges for consumption here, follow:
1914.
Left over, Jan. 15, 89.
_ .^ ., ,„ Arrived. Sold. Covered.
Friday, Jan. 16.... 1 0 0
•Saturday, Jan. 17.. 0 l o
Monday, Jan. 19.. 0 2 1
Tuesday, Jan. 20.. 0 0 0
Wednesday, Jan. 21 0 2 0
Thursday, Jan. 22.. 0 1 o
Total .......... 1 6 "I
Reported enroute Friday A. M., Jan. 23, 0.
.,.„?.'"'"l''° °' market weak. Prices. Hudsons.
!«'?' to *e.50; covered, $7.00 to $7.25; Rarttans
$6 to $6.25 (wholesale dock, N. Y.; for dealers'
££'SS^ >*^^ profit and cartage) ; Newark. $7 to
$7.50 (yard). Dull. Lett over, Friday aT M.,
Jan. 23, 83. Total number covered barges, 34
Covered barges sold, 1. Total number In mar¬
ket, 117.
HUDSON BRICK UNLOADED.
(Current and last week compared.)
Jan. 9....... 674,000 Jan. 16....... 579,000
Jan. 10----- 399,500 . Jan.. 17....... 257.000
Jan. 12....... 607.000 Jan. 19....... 668,000
Jan. 13....... 13.S.00O. Jan. 20....... Sl^.^W)
Jan. 14....... 198,000 Jan. 21....... 616.500
Jan. 15....... 322,500 Jan. 22....... 458,000
Total......2,333,500 Total ......3,095,000
1913.
Left over, Friday A. M., Jan 9—122
_ .. ^ ,, Arrived. Sold. Covered.
Friday, Jan. 17...... 0 5 o
Saturday, Jan. 18___ 0 O 0
Monday, Jan. 20..... 13 6 2
Tuesday. Jan. 21____ 0 3 o
Wednesday, Jan. 22. 10 5 o
Thursday, Jan. 23... 0 3 o
Total ............. 23 22 "i
Condition of market, dull. Prices: Hudsons,
$6.75 to $7; covered, $7.25; Raritans, $6.75.
Left over, Friday A. M., Jan. 24, 147. Total
number covered barges. —. Total in market.
195.
, , OFFICIAL SUMMARY.
Left over, Jan. 1, 1914 .................. 37
Total No. bargeloads arrived. Including left
over bargeloads, Jan. 1 to Jan. 22 1914 'loO
Total No. bargeloads sold Jan. 1 to Jan. 22,
1914.......................,........ 26
Total No. barseloads left over Jan. 23 1914' 83
Total No. bargeloads left over Jan. 1. 1S1:^ 113
Total No. bar~eloads arrived. Including left
overs, Jan. 1, to Jan. 23, 1014...... 215
Total No. bargeloads sold Jan. 1 to Jan. 23,
1913............................. gg
Total No. bargeloads left over Jan. 24,
1913............................ 47
•Corrects error.
SLATE PRICES ITNCHANCSED.
Expected Shift tn Vermont Roofing
APodtponed.
DVICES from Vermont slate quarries this
week were to the effect that the expected
advance In the price ot Vermont roofing slates
had been postponed. This action probably was
due to the strpnethenlng tone for building ma¬
terials in the New York market. Indicating «
heavier demand In the near future that would
take care ot the extra cost ot production and
carrying.
EURRENT WHOLESALE PRICES.|
m1mmmmMmnm,n.,m,nwnM.nj».................m—.. ........... ,...................m ,...... a^,^,,,,^
(^ URRENT wholesale prices prevailing on the
^ Building Material Exchange and elsewhere
in the Metropolitan district at the close of the
â– last quarter, are as follows: In each case the
quotations given below were those prevailing up
to noon. Jan. 23, 1914.
BRICK—
Hudson common .................$6.00® 6.60
Hudson covered ..................7.00® 7.25
Raritan common .................6.00®------
2d hand common ..................2.75® 3 (X)
2d hand com. (truck load of 1,500) 4.50®------
Front or face......................18.00@82.00
CEMENT (Wholesale, 500 bbls. lots and over,
along side dock, N. Y.) :
Domestic Portland ...............$1.58®------
* Cons. Rosendale Nat...............90®____
Alsen's Qerman ..................2.10® 215
Dyckerhoff German ................2.10® 2.15
CRUSHED STONE (500 cu. yd. Iota P. O. B.
along Bide dock N. Y., wholesale) :
Trap rock, 1% in.......................$1.10
Trap rock, % in........................ 1.20
Bluestone, 1% in ........................105
Bluestone; % in ..................1.15® 1.30
GRAVEL (500 cu. yd. lots F. O. B. along side
dock N. Y., wholesale) :
1%. In...................................$0.90
% In................................... 1.00
HOLLOW TILE (fireproofing. Prices P. O. B.
Perth Amboy, N. J.) :
Exterior—
4x12x12 in..........................$0.06
6x12x12 in.......................... Jm
8x12x12 in......................... ^
10x12x12 in..................... . 12
12x12x12 in......................... '15
Interior—
2x12x12 in..........................$0,048
3x12x12 in.......................... * 052
4x12x12 In.......................... OT2
6x12x12 In........................ 072
8x12x12 in.......................... ;o96
LIMB (Standard 300 lb. bbls. wholesale, se¬
lect finishing) :
Farnham Cheshire ..............$1.55®______
LINSEED OIL—
American Seed City Raw......$___0.52®$0.53
American Seed City Boiled.....T... .53® .54
LUBRICANTS (Mineral) : ^
Black, refined ....................13 ©13%
Black, reduced. 27 gravity, 35@30
„. 0. t..........................13%®14
Black, reduced, 30 gravity, 15 cold
test ............................. 14%®15
Cylinder, light, filtered.............21%®23
Dark, steam, refined...........15% @25
Paraffin, high, viscosity............19 ©26
23%@24 gravity ...........iiils ®15%
28 gravity .................... 13 ©13%
Wax, crude .............perlb. 3%® 3^
Refined, 120 m. p........perlb. 4%®__
Refined, 125 m. p........perlb. 44®__
Refined, 130 m. p........per. lb. 5%®__
, LUMBER (Wholesale prices, New York City) :
Yellow pine (merchantable 1905, f. o. b. N. Y.)
f.'o 12 In ..................$23.0O@$28.00
14 to 16 in.. .... ..........31.00® 34.50
Heart face siding 4-4 & 5-4.. 30.00@ 31.50
Flooring. 13-16x2% & 3 Ins... 15.50® 28.00
Hemlock, Pa., f. 0. b. N. Y. base
price per M ................23.00® 24.50
Hemlock, W. Va., base price per M. ------@ 24 50
Hemlock, Eastern mixed cargoes.. 19.50® 22.50
(To mixed cargo price add freight, $1.50.)
Spruce (W. Va., f. o. b. N. Y., lighterage limits) '
2x4. 18 and 20 ft.......................$2950
2x6, 10 and 14 It.............. . 2400
2x8, 12 and 14 tt....................... 25 00
2x10, 3x10, 10 to 16 ft................. 29.00
8x8 and under, 16 tt and under........ 26.00
9 In, 16 ft and under.................. 3100
4x10 to 10x10, 16 ft and under.......... 31.00
2x10 and 3x12, 16 tt and under......... 31 OO
12 in. 18 and 20 ft.................. 33()0
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 ...............................$28.00
4-4x6 in merchantable quality .......... 28.00
4-4x8 in merchantable ................. 26.00
4-4x10 in merchantable ................ 29.00
4-4x12 in merchantable quality.......... 32.50
LATHS (Eastern spruce f. 0. b. N. Y.) :
1%-ln. round wood ..............------@$3.90
1%- in slab .......................$4.00@$4.10
PLASTER-(Wholesale dealer prices, along¬
side, Manhattan.) :
Masons finishing in lOOrlb. 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..............$4.10 @ $4.75
Munson, Maine No. 1.............. 5.50® 7.75
Munson, Maine No. 2...............4.50® 6.75
No. 1 red.........................10.00@12.00
Unfading green ...................4.00® 6.00
Genuine Bangor ..................4.75® 6.75
Pen Argyle ......................4.000 6.00
Vermont, sea green................3.00® 4.20
STRUCTURAL STEEL (tidewater) Spot.
Beams and channels up to 14 In. 1.31%® 1.36%
Beams and channels over 14 In.. 1.31%® 1.36%
Angles 3x2 up to 6x8.......... 1.31%® 1.36%
Zees and tees.................. 1.31%® 1.36%
Steel bars, half extras.......... 1.31%® 1.36%
Steel bars, half extras......... 1.31% @ 1.36%
Universal & sheared 34 in & und 1.41% @ 1.46%
WHITE LEAD: Perlb.
American, dry, car lots...........â– ......$0.07
In oil, in 100, 250 and 500-lb. kegs.......08%
On lots of 500 pounds or more a discount of
%c per pound is allowed.
Red Lead and Lltherage—
In 100-Ib. kegs.........................$0.08
On lots ot 500 sounds or more g, discount of
%c per pound Is allowed.