EAL iLSTATE KECORD
AND BUILDERS' GUIDE.
Vol. XYIII.
NEY\^ YOEK, SATUEDAY, AUGUST 19, 1876.
No. 440.
Published Weekly by
THE REAL ESTAfE RECORD ASSOCIATION.
C. W. SWEET...............President and Tbeasueek
PRESTON L SWEET...........Secretabt.
TERMS.
ONE YE.lLli, in iulvaii.ce....$l() 00.
Oommutiications should be addressed to
Nos. 345 AND 347 Beoadwat.
MARKET REVIEW.
REAL ESTATE MARKET.
9,000
6,600
30,000
5,000
Beyond the sale of what is generally known as Jones'
Wood, particulars of which are given below, the Ex¬
change Salesroom offered little of interest during the
past week. The following is a complete Ust of the sales:
Thirty-eighth st. (No. 316 East), a. s., 259.8 e. 2d
av., 1 five Htorv brick tenement house, with
lot, 21.2x98.8x23.2x93.2, to Christopher MuUer
(flaiutifl) .............................. $5,000
Eighth av., e. s.. 150.5 s. Horatio St., 1 three-
story brick sture aud dweUing, with lot, 19.3x
76, to A. F. Holly (Plaintiff)................... 12,100
Seventeenth st. (No. 119 West), n. a., 230 w. Oth
av., 1 three-atory brick dwelling, with lot,
17.8x92, to E. Coffin, Jr. (Plaintifl"s attorney).. 9,100
Seventeenth St., n. a., 1 four-atory brick dwell¬
ing and stable, with lot, 24x92, aujoiuing
above, to aame buyer........................ 12,000
Oae Hundred and Twenty-seventh St., s. e. cor.
4th av., 1 three-story and basement brick
house, with lot, 18x74.10, to Andrew Soher___
Fiiteanth St., s. s., 319 e. 1st av., 1 five-story
brick tenement house, with lease of lot, 22 x
103.3. (lease dated March 1,. 1869, term 20
years 4 months, ground rent $300 per annum),
to Christian Froelich.........................
Bleecker st. (No. 61), u. s., 262 e. Broadway, 1
three-story and attic brick house, with lot, 28x
100, to J. M. Brown (Pjaiutiffj................. 11.000
Sixty-sixth St.. s. s., 80 w. Madison av., 1 four-
story and basement brown stone front house,
with lot, 20x100 5, to S. U. CadweU (Plaintiff).
Twenty-second st. (No. 269), u. s., 175 e. 8th av.,
1 four-story brick house (front) and 1 three-
story brick house (rean, with tot, 25 x abt.
100, to Charles Coudert Jr. (Admr.)............ 15,025
One Hundred and Fourth st., s. s., 116 w. 3d av.,
1 three-story and basement brown stone house,
with lot, i6.8xl00.U, to the Hebrew Orphan
As.vJum (Plaintiff)............................
One Hundred aud Fourth st., a. a., 150 w. 3d av.,
similar house, with lot, 16.8x100.11, to same
buyer......................................... 4^000
About 20 acres of laud boitnded by St. Ann's
and Passage av. and Port Morris Railroad,
known as St. Mary's Park, Morrisania, to B.
P.Fairchild.................................. 69 000
Fifty-third St., s. s., 191.8 e. 7th av., 1 four-story
and basement brown stone front house, with
lot, 16.8xl0ij.5, to A. F. Holly (Plaintiff)....... 16,350
Cue block bounded by Avs. A and B, 68th and
69th ats., known aa "Jones' Wood," to Emanuel
Bernheimer and John Bohnet................ 132,500
Seventy-seventh st. (No. 236 East), s. s., 255 w.
2d av., 1 tbree-alory fratne house, with lot, 25x
102.2, to Samuel Cardweli..................... 5,300
One plot ot land bounded by King St., New York
Bay, William St. and an alleywiy (Brooklyn),
to J. Jansen.................................. 26,500
Thirty-third St., a. s., 200 e. llth av., 1 four-story
and basement brick house, with lot, 25x98.9, to
Matthew Doyle (Plaintiff)....................
Thirty-third St., a. s., 340 w. 9th av., 1 three-story
and basement brick house, with lot, 15x98.9, to
H. J. Lippe (Piaimifi-)........................
Fifcy-fourtu St., n. s., 222 w. 1st av., 1 five-story
brick tenemeut house, with lot, 22x100 5, to
John G. Gary. (Third Mortgagee)............ 11,111
3,000
5,925
Total for week..............................$388,511
----------â– â– --------------------------< <^» ♦------------------------------------
BtJILDING MATERIAL MARKET.
BRICK.—^Aa with many other articles of merchandise,
holders of brick have discovered that buyers can neither
be coaxed by low prices nor frightened by scant sup¬
plies into any increase of interest, and that business
must have its natural but slow development. After this
month has passed it is natural to suppose that the con-
ttmptipn wUl increase spmewbat, but repeated attempts
have shown it to be an utter waste of time to ask either
contractors or dealers to operate in anticipation of their
wants, except now and then under certain circumstances
of favorable opportunities for delivery at points difficult
to reach, or where an extra fine lot of stock h'jppened to
come in. Under these circumstances, therefore, the
seller has at nearly all times been tbe one obliged to
open negotiatloas, and commission dealers were fre¬
quently very undecided as to the course to pursue. The
matter, as a ride, laid between making a ataud in hopes
of drawing higher bids, with tberisk of beiug unsuccess¬
ful and running upjexpenses, or of a modification on ask¬
ing rates to meet the bids of buyers. The first plan
was in some cases tried, but the latter appeared
the most judicious, and was as a rule adopted. During
the period intervening since our last review trade has
been somewhat erratic, but not remarkably liberal in
the aggregate, aud values show no gain of strength.
About $5 por M is all that can be quoted for Ha-?erstraw,
and a great mauy have sold at $4.50 and under, while
the range for "Up-river" stock was about $4@4.25.
There is a continued talk of a diminished production,
etc., but no actual scarcity of stock has as yet been
shown. The bulk, of the receipts are from the river
yards, but a few lota straggle in from Sta ten Island and
bring about $4@4.25 per M. Pale brick remain nomi¬
naUy at about S2.50@2.75 per M, with very few coming
in, but scarcely any demand. Fronts are quiet, aa well
as the common grades, with about former rates ruling.
We qtiote: Pale, per M, $2.25@3; hards, Up-r>ver, $4®
4.50; Haverstraw 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, and $5®(5 on fronts.
CEMENT.—Rosendale seems to be in much the aame
general condition. The local inquiry is moderate in
amount, and of that slow, cautious character which keepg
buyers' movements confined to the most imperative
wants of the hour, bnt otherwise an apparently fair
little trade doing, "up-river." Southern and Eastern
shipments on contiact and fresh orders alt reqiuring
more or less stock. The production is kept as much ou
a basis of the outlet as possible, and prices remain about
aa before. We quote at $1 10 ou -'Creek," and $1.20 here.
Foreign grades are steady, and meeting with a fair
average demand on all the ordinary tmtlets. Amouiits
available here, however, or waiting to be ordered out,
are ample, and about former rates readily accepted from
all desirable buyers. We quote from pier and yard
and according to brand as foilowa: Portland, $3.40@4;
R.man, $3.59@4; Keene,: $7.75@8 for coarse, and
$11.75@12forfiue; Martiu's,$7@7.25 for coarse, and $11
©11.25 fi>r fine; La Forge, Portland, $4.10®4.25; and
Lime of Teil, $2.S5@3.
GLASS.—Some of our so-caUed "commercial" jour¬
nals have discovered an immense improvement on thia
market, but the dealers do not meet with the same ex¬
perience. There haa been a larger number of buyers in
attendance, looting up desirable assortments of French;
but 11 were handling only very small invoices, and the.
addition to the aggregate of sales is by no means exten¬
sive. Sapplies are ample, and former rates accepted.
We quote at 60 aud 20@60, and 25 per cent, discount.
American window glass moving somewhat more freely
at the works, for interior distribution, and firm at full
former rates. Euglish quiet and firm.
HARDWARE.—The demand continues moderate and
uncertain for fancy and ornamental work, but on all
standard and seasonable goods a very fair amount of
animation 7S shown, and the tone of the market ia cheer¬
ful. Manufacturers and agents have accumulated fair
suppUes, but are holding them steady, and values as a
rule may be considereti as well sustained. There is
notlyng new on figures since our last, except an an¬
nouncement by the American Screw Company, which
names the following rates ou rivets: iron black, iron
tinned, diacouut ot 65 per cent.; block and carriage
rive's, 65 per cent.; rivets in bulk, 50 per cent.—terms
cash, 30 days.
LATH.—There seems to be a aomewhat uncertain tone
on this market, but no very great amount of confidence,
and sellers are evidently watching matters with much
care. On the recent drop in values, buyera who were
most likely to take any very large amount were sup¬
plied; and, though small quantities can be peddled out
hero and there at a fair rate, the constant tear ia that too
much of an accumulation wiU appear afloat and push
valuea down. The prices now to be obtained, it is
claimed, are not remunerative, but there is said to be a
pretty full stock at some of the mills, vessels oflermg
freight accommodation low, and manufacturers in many
cases commencing to think if tbey can only get cost out
of their lath it wilt be better than to carry tor any longer
period. At the present writing, with very little stock
on the market, sellers have advanced the asking-rate to
$1.50 '^ M, and the position is nomiualiy firm.
LIME.—In view of tho protracted dull businesa it la
natural to anppose that pretty much all jobbing dealera
and conaumers are very lightly supplied, and this keeps
a little demand on the market at all times. So closely,
do buyers figure and adjust their wants, however, that a
very small quantity wilt cause a surplus afloat, and
when this occurs tliere is nothing to do but ait down
and await the appearance of customers. Of course
receivers find little satisfaction in the market under the
circumstances, and complaints of a dull, unaatislactory
business continue current. There is nothing specially
new since our last. A lot of Rockland was sold at 05c.
which had become old by holding to await a better
market, but on n-gular stock ttie rates remain abotit
as belore. We quote iiominally as follows: Rock¬
land, 85c. ^, bbl. tor common, and $1.25 for finishing;
North River, 00@6?c. ii bbl. foi; common, and $1@1.25
for finishing.
LUMBER.—Dealers continue to realize their expecta¬
tions of a dull market, and their seems to be really
nothing now of a positive character to advise. All out
lets are calling for the usual snull and uncertain in"
voices. There ia plenty of stock available, and such com.
petition among holders to secure any customer who may
appear that values are kept very easy all round. Far¬
ther charters of accomiuodatious for deals have been
made, and the result of these shipments will be watched
with some interest. Export orders come in very slowly
for anything here, bnt some of the agent.-i have been en¬
abled to close on sales for shipment direct from the
mills. Arrivals, if anything, have been slightly nn the
increase, mostly from the i iterior, and stocks are grad¬
ual y increasing.
Eastern spruce has come in io some extent for delivery
on orders, and there has baeu a fair, open offering, con¬
sidering 'he state of the market. The demand however,
did uot appear to show any greater volume or anxiety
than before, and while obtaining former rates a great
many dealers have expressed themselves as well satisfied.
A slight increaae ot the demand for speciitls is reported
in some quarters, but nothing thac cannot be met
promptly and on about former terms. We quote some¬
what nominally at $11@13 for random, ana $13@14.50
for special.
White pine has been only in about the usual light de¬
mand, aud buyera exhibit the old indifference for any
thing beyond their immediate wanta. One or two small
export or lera direct have been filled, and quite a number
of odd lota were taken to fill in freight room, but about
all the trade agree that the foreign outlet affords no re¬
lief of a poaitive nature. In various ways atocks are in¬
creasing, with a constant urging from the interior,
"Djn't you want a little more?" with an intimation that
terms will be made attractive. Ratea here are quite ir¬
regular, and to a certain extent figures should be looked
upon as nominal for the time being. We quote at $l8@
19 ii M lor shippers, 10 inch and upwards; $15@17 do.
for do., 10 and 12 inch, and S13.50@15 for box, 8 and 12
inch. Building timber, $30@35.
Yellow piue is quoted higher by some and unchanged
by others, and, as with all other grades, tiie tone ia evi¬
dently quite unsettled. From certain indications it
was thought that a few randoms would sell, aud they
were ordered forward with the result to a certain extent
favorable so far as it went, but by no means encouraging
for a repetition of the experiment. Specials have met a
lair call, but sellers continue about as plenty as buyers.
We quote random cargoes at S18@r20 iji M; ordered car¬
goes $2l@25 do.; greeu flooring boards, S23@24 do.;
and dry do. do., $25®26; step-plank, as steoplank, at
$25@26 5p M. cargoes at the S nth. $14® 16 lii M.
Hardwoods are quite -as dull as ever, aud some dealers
think a little more so. Even black walnut commences
to fall oat of favor to aome extent, and here and there a
receiver can be iound with surplus stock trying to sell
at a concession. We quote: VViKdesale value by car¬
load at about $70@72.50 ^i M for the finest wa'nut;
$35@00 do. for commou do.; $35@40 do. f r ash; S38@40
do. for whitewood; $35@38 for oak, and $55@65 tor
cherry; $50@65 for butternut, and $35@40 for hickory.
The yards are filling up in some c â– ses, as the arriv.jls
are fair and the general c'euiaud without animation.
Buyers adhere to the old plan, and when they make
their appearance are generally found to have a little slip
or memorandum soii.ewhere about aa a check againat
taking more than can be used to immediate advantage.
Former figures will do for geu>. ral quotations, but are
full high, and desirable customers are almost sure to
gain tavors.
Among ttie recent lumber charters we note the fol¬
lowing : Br. ahip, 1,636 tona, hence to London, deals,
908.; an Am. ship, 850 tons (now at Liverpool), from St.
John, N. B., to Liverpool, deals. 75s., cargo delivered; a
Br. bark, 380 M lumber, from Montreal to River Plate,
at or about f 19; one, 993 tons, from Montreal to Hull,
deals, 903. â– © standard, and timber 35a. ^j^ load; a bark,
442 tons, fromPensacoli to New York or a Sound port,
lumber, $9; a schr., 220 M lumber, from Pensacola to>
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