ECORD





AND     BUILDERS'    GUIDE.





Vol. XVIir.





NEW YOEK, SATUEDAY, AUGUST 12, 1876.





No. 439.





i      4





Published Weekly by

THE REAL ESTATE RECORD ASSOCIATION.

C. W. SWEET...............PiiESiDENT and Tbeasueeb

PKESTON I. SWEET...........Seckbtar-t.

TERMS.
ONE YEAR, ill jwlvaiice___.^10 00.

Communications sbould be addressed to

Nos. 345 AND 347 Broadway.





MARKET REVIEW.





EEAL ESTATE MARKET.





The public sales at the Exchange during the past week
were devoid of interest, and were only attended by those
more or less concerned in the litigation of the,various
foreclosures.

Outside the Exchange there is noticeable a more confl-
dent tone as to the renewal of activity in the market at
an earlier date than was anticipated. That confidence
appears to be based upon the prospects of a better fall
trade than has been experienced in New York sIlco iho
panic. Whether this confidence will be supported by
actual facta a few abort weeka now must tell, but even
with a revival of trade generally considerable time must
necessarily elapse before the real estate market can
reap the benefit of it, unless, indeed, capitalists now
standing aloof from the market are disposed to endorse
the views of prominent real estate owners.

Below will be found the list of property disposed of
during the past week at the Exchange Salesrooms :
Sixty-third at., n.  s., 100 e.  5th  av., 1 lot, 25x

100 5, to T. J. Nichols (Plaintitf)..............  $15,000

Sixty-lourth St., s. s.,  275 w. 4th av., 1 lot, 25x

100.5, to same buyer..........................     5,600

TencU av., s. w. cor. 21st st., 1 plot of land,

83.10.xl00, to E. A. Squires....................      1,150

Twenty-first st., a. a., 100 w. Tenth av., 1 three-
story brick house, with lot, 25x91.11, to the

General Theolegical Seminary (Plaintiff)......      8,000

Hudson St. (No. 617), w. s., 1 two-story brick
shop, with lot, 24x165.3x24x167.7, to George F.

Coddington et al. (Exrs.)(Plaintifla).'..........      7,000

Thirty-fourth st. (No. 235 East), n. a., 150 w. 2d
av., 1 three-story brick building, with lot, 25x

98.9, to Joseph Garry........................      c 400

Tenth av., e. s., 80.10 a. 100th st., 1 lot, 20.2x90,

to F. J. Dupignac (Plaintifl''8 attorney)........      2 300

Cue Hundredth st., s. a., 108.4 e. 10th av., 1 plot

of land, 41.7x101, to aame buyer..............      4,000

Hudson St., w. e.. Lot 1,157 on Map of Church
Farm, 1 three-story brick building, with lot,

25x80, to John Anderaon (Plaintiff)............    11,410

Filty-lourth St., a. a., 75 w. lst av., 2 five-story
brick tenement houaea, with lots, each 25x

100,5, to J. L. OlweU...........................    14,050

Forty-third st.,  n. a., 100 e. 2d av., 2 lots, each

2oxl00 5, to William B. Crosby (Plaintiff)......      7,950

fc.aveuty-firstst.,n. s.,375 w.lltli av., 1 plot of
laud, 50x176x50.3x171,   to    Catherine   Purdy

(Waiutifl-).....................................    15^000

Cue Hundred and Second at., n. a. 333.8 w. Oth
av., 1 plot of  land, 91.9x101.1x89.2x100.11,  to

John Ely........................,„..........      g^ooo

irospectav., e. s., 489.9 n. road leading from
Kuigsbridffo to Woodlawn Station, 2 lots, each
2uxlou, to WilUam F. Lawrence   (Defendant)





1,575





First .av., a. w. cor. 62d St., 2 three-story
brick flweliings, with jease of plot, 55.7x
52 (leased May 1, 1866; term, lourtieu
years; ground rent. $83 per annum), to H.
!1. UnderhiU  (Plaiutiffi.......................      8,000

Si.<lj'-secoud St., s. s., U2 w. Istav., 2 similar
dwellings, with lease of plot, 40.6x38.1
(terms of lease same as above; ground rent,
$70 par annum), to  Peter Schenck...........      4,000

Seconrl av., w. s., 25.5 s. 45th st. 1 foux-
story brick tenement house, with lot, 24.4x
75, to Mary S. TrimbeU.......................    15,000

One Hundred and Twenty-eighth st., n. s., 218 e.
4tU av., 1 three-story and basement brown
stono front house, with lot, 16x99.11, to
Samuel Christie (Plaintiff)....................      7,250

Nagle av., n. s., 755 e.Elwood st., 1 plot of land,
174 10x311.7, irreg., to John H. Carnes (Plain-'
tiff).........................................      1,600





liiuty-ninth at., a. s., 150 w. 10th av.. 1 three-
story aud basement brown stone front house,
witti lot, 25x98.9, to Germania Life Insurance
Company (Plaintiff).........................      7 600

J!^ighty-sixth St., n. a., 168 w.Av. A, similar house,
with lot, 17x100.8, to Eobert Center (Plaintifl).     9,594

une Hundred and Twenty-fourth at., n. s., 207 w.
j^ av., similar hoiise, with lot, 20x100.11, to
tiermania Life lusurance Co. (Plaintiff)........    9,200

•fourteenth st., n. s., 153.7 e. Av. B. 1 five-atory
uricii house, with lot, 21.10x103.3 (J^ part), to
Andreas Schwendermann (Plaintiff)..........      1,200

Jiighth av., e. s., 74.11 s. 143d at., 1 lot, 25x100, to
Heury AUen (Plaintiff)........................      2,000

■riity-sixthst.. n. a., 154 e. 1st av., 1 three-story
and basement Nova Scotia stone front house,
^'"*'^ lease of lot, 20x97.2x20x98.6 (leased May
L 1870. term 19 years; ground rent. $240 per
annum), to Peter Goelet (Plaintiff)............      6.266

■enty-sixth St.. n. a., 453 e. lst av., aimilar houae.
with leaae of lot, 20x77.6 (leased Nov. 1,1870,
terms as above), to same buyer..,.............     5,900





Total for week.......................... $170,045





BUILDING MATERIAL MARKET.

BEICK.—There seems to be a considerable amount of
quiet grumbling on this market, and It is evident that
thus far the season has not proven an a'.together satis¬
factory one to tho selling interest. The consumption
on tho wbole has been fair, but by no means free buyers
were independent and positively refused to anticipate
wants iu auy case, aud though a sort of combination was
formed to regulate production and control supplies,
there has always been fonnd quite enough, aud Irequent¬
ly couslfierabio to spare, as comiared with the < ut et
offered. Favorable tides and winds wtaild generally set
all hands loading and sliipping at the yards, resulting in
the arrival of large fleets here, and, with many of the
points to which cargoes can generally be ordered under
such circumstauces virtually e!o-ed, our receivers have
had no place for tho overflow, it therefore became a
matter ol carrying stock until buyers were ready fo lake
it, or of offering terms easy enough to prove attractive,
and the latter course was generally adopted where the
concessions required were nor, too great. Some man¬
ufacturers have stopiied entirely, and others have
reduced the production, but the result upon the
market is not as yet perceptible. Indeed, during
the past week rates have been lower than ever,
and up to the pi-ei-eut v/riting do not show any posi¬
tive signs of recovery, ttioiigh ths oppressive supply
has been, worked down somewhat, and the amount now
on hand is within easy nianaged proportions. Ou
Haverstraws $5 has become a top rate, except lor small
cargoes of the special makes, and of ''up-iiver" most
ot the sales have been made in tbe neighborhood of $4
^ M. Pale brick are scarce and nominally steady, but
$2.50®2.75 ^ M la about the best that can be depended
upon. Croton fronts are somewhat dull and stock com¬
mences to accumtUate, while the other gradea sdl
slowly. Prices generally about as before. We quote:
Pale, ip M, $2.25@3; bards, up-river, $4@4.50; Haver¬
straw Bay. $4.50@5.50; fronts, Croton—brown, $10; dark,
$11; red, $12; Philadelphia, $-23®27: Baltimore, $34®38.
Yard prices, delivery included, $2@3 higher on ordinary, j
and $5®6 on fronts.

CEMENT.—The demand for Rosendale forborne con¬
sumption is not good, buyers still confining their ope
rationa entirely to such small parcels as will satisfy their





count. English plate and polished quiet. American la
plenty as compared with tho outlet offered, and In some
cases available on easy terms, but in a general way form¬
er rates are quoted.

HARDWARE.—There has not been any heavy move'
meut of supplier; but business certainly commences to
Increase somewhiit, and the tone is more cheerful all
around. As noted last week, the distribution gives
promise of being comparatively general, and taken
altogether dealers are hopeful on the FaU trade. City
consumption ia somewhat doubtful as yet, but will
probably hold its own with the out-of-town production.
We bilefly referred to the advance on screws In our
last. The details of the leading changes are annixsa.
The figures of the Am. Screw Co. are as follows: For
Home Trade.—^Fiat head iron wood screws, 52>^ per
cent, discotiut from Am. list; flat head brass wood
aerews, 52}^ per ceat. discount from Am. list; round
head iron wood screws, 40 per cent, discount from Am.
list; round head brass wood screws, 40 per cent, dis¬
count from Am. list. The RusseU & Erwin M'f'g. Co.
quote at 55c., and 7J< per cent, discount. The Massa¬
chusetts Screw Co. quote at 52)^ per cent, discount,
aud Geo. W. Bruce advances as follows: Flat head
wood screws, iron and brass, 50&5 per cent.; roncd
head wood screwa, iron aud brass, 40 per cent.; Nettle-
fold's superior bright wire goods, 70&10 per cent.
About the only other Important change of late pub¬
lished is that by Oliver Ames & Sons, who have issued a
new price list for their fhovels, spades and scoops,
showing a v^ry general reduction in price, with the dis-
c lunt placed at 25 per cent. The agents of the cele¬
brated Gao. Wosteiiliolm cutlery make the following an¬
nouncement: "You aro aware that lor some years IX
per cent, has been aiUldd to the'li.-<r.' This we have
withdrawn, and made all prices net.' Iu doiig so the
'list' had to be adv,iucid, in a lew iu^tauces, where Ihe •
profit v.'as excecJingiy small; t>ut the general result Is a
vedi:ction, averagiui; nearly 7i^ per cjiit., with perhaps
5 per ci-iii. on a few loaders."

LATH.—There has bteu "something new" since our
last, and it is a decided break ou values, and under just
one of the contlngenciea we have before referred to-
About the time our preceding report waa going into type
a few cargoes came in together, and, one or two happen¬
ing to be of large size, a surplus was at once created,
which took the advantage out of tho hands of receivers,
and lelt them the alternative of carrying stock or of lis¬
tening to the reduced bids of buyers. The latter seemed
the wisest course, and was accordingly followed, with
the result to be found in seUing out most of the stock
afloat here, enough dealers being willing to handle mod¬
erate offerings at what appeared a fair bargain after the
large cargoes were out of the way. The demand, how¬
ever, was by no means an anxious one, and dealers do
not care to see many more arrivals for the present. Ihe
lowest rate reachedthat we could leara of was $1.40 '§•
M, and the market closes at about this, with a compara¬
tively moderate offering.

LIME.—Much the same old uncertain tone appears to
prevail on this market, and close, careful figuring is
constantly going on, both buyers and sellers looking
for the smallest opportunity for advantage. Little com¬
plaint can be, or indeed Is made regarding the cost,
which certainly Is low enough; but there continuea a
disinclination to purchase beyond known wants, es¬
pecially during the warm season, and dealers handle
only euough to keep their trade running. Stocks, how¬
ever, are very small in second hands, and receivers keep





immediate wiuts,  and preferring    to   purchase ofti n

rather than take anything they would have to carry j them afloat," thus throwlns the advantage rather in
On shipping orders to domestic ports, however, a fair j sellers' favor, especially should any increase of con¬
sort of trade has been doing, and manufacturers find j sumption be developed. No change haa been made on
thia outlet a sort of safety-vent to the market. Values re- coat since our last, and about all the arrivals have found
main about steady at $1.20 here, and $1.10 on''Creek." a market. We quote nominally as follows: Eock-
I'oreign continues about the average demand and steady, j land, S5o. fi bbl. for common, and $1.25 for finishing;
with no great amount of stock pressing on the ir.arket. j North River, 60@0r>c. ^ bbl. for common, and $1@1.25
Importers, ho wever,|are anxious to take orders, and more j for finishing.





liberal supplies could readily be obtained if called
for. About 1,2C0 bbls. sold In lots at $3.40@3 7.').
The contract for 3,000 bbls. Portland for use In dock
construction was awarded at $3.34>^ 3 bbl., deliv¬
erable withia three months, in lots to suit. We
quote from pier and yard and according to brand,
as follows: Portland, $3.40@4; Roman, $3 50@4; Keene,
$7.75@8 for coarse, and $11.75@12 for fine; Martin's,
$7@7.25 for cojirse, aud $11@11 25for fine; La Forge,
Portland, $4.10®4.25; and Lime of Teil, $2.85@3.

GLASS.—^French window glass haa made  one or two
little starts into apparent activity and then relapsed





LUMBEK.—Dealers say this la the duU season of the
year, and they expect to find businesa very slow on all
gradea. Not one has been disappointed that we can hear
of. The market continues quiet throughout, and though
as noted last week there is probably a considerable
amount of unnecessary complaint in many quarters, the
lumber trade requirea a good healthy atlmtilus about as
much as any other on the list. We have been unable to
discover anything new since our last. It would appear
from certain charters ot vessels to load at thia port with





^ ^ , ^, deala for Liverpool and London that the experimental
again Into quietude, and dealers do not as yet find the gijipments irom the West via the New York route are be-
posltion altogether satisfactory.   Yet the few sales made    Ing made and_It issaid with a fair proapect of a^succeaa





goto show that buyers are still in exiatence, and there
Is a hope that the Fait trade will aoon commence to set
in with greater volume. Stocks and assortments are
fair, about all offered, and holders willing tO' accept fair
bids.   We quote at 60 and 20@60 and 25 per cent, dis-





ful issue. The direct demand for export, however,
amounts to very little on any outlet, few full cargoes be¬
ing made, up, and the amounts sent abroad, as a rale,
confined to parcels to fill freight room. On home ac¬
count it is simply impossible to iorce buBiness, and the





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