AL Estate Record





AND     BUILDERS'    GUIDE.





YoL. XYIII.





NEW YOEK, SATUEDAY, AUGUST 26, 1876.





No. 441.





i





Published Weekly by

THE REAL ESTATE RECORD ASSOCIATION.

C. W. SWEET...............President and Treasurer

PEE3T0N I. SWEET........... Secretary.

TEEMS.
ONE YEAR, ill advance___$10 00.

CommuQications should be addressed to

O.   ■W.    STV13ET,

Nos. 345 AND 347 Broadway.





MARKET REVIEW.





REAL ESTATE MARKET.





As yet the market, neither outside nor inside of the Ex¬
change, shows signs of revival, but indications abound
that we have reached the beginning of the end. We
now have tangible evidence that business is growing
better generally. Heretofore it was mere talk, hope of
better times coming; now the merchants of New York
have the facts before their eyes. Of course, as yet it is
the larger manufacturing and heavy wholesale houses
that feel the benefit ot increased trade. Smaller houses
will feel it in a few weeks, and the natural tendency is
always to spread gradually through the various indus¬
tries of the city. We have reached only the first grade, but
it haa been reached; the beginning of better times is right
here uoav, and real estate always enhances in value alter
New York merchants ha\-6 made money. To show that
we do not speak at random, we give the following im¬
portant fact upon the authority of the house itself,
whose name is a tower of strength among home manu¬
facturers. That house, the largest drygoods commis¬
sion house in New York, has sold more goods during
the month of August now about expiring than during
any previous August since- the organization of the
house. There never have been so many heavy buyers
here from the far West and far South as during this
month of August. Whether attracted hitherward by the
Centennial Exhibition, or driven by Ioav stocks at
home, the fact remains that they have bought goods
heaA-ily, and when the drygoods trade begins to flourish
other trades will soon follow. The freight agent
of the Texas Short E. E. Line said to the writer of this
article: ''There never have been so many merchants
irom Texas in New York. I am busy from morning till
night contracting for their freight by rail, and all this
aside from the immense amount of freight that always
goes by the Saturday steamers to Texas."

The Eecord is glad to mention the lact of improved
trade iu the vipper strata of mercantile houses, which im¬
provement will now slowly but steadily creep along until
t also reaches the interest which this journal always en¬
deavors to represent in its true light. In a very short
time Ave shall again have something to say to investors,
and endeavor to point out the advantages our market
offers for profitable investments.
Thirty -second st. (No. 146). s. s., 140 e. Lexington

av., 15x62.2, to N. Sanny (Plaintiff)............    $7,000

Suveuty-sixth St., s. s , 200 w. Av. A, 1 two-story
frame house, 25x102.2, to the Second Union
Co-operative Laud  aud Building Association

(Plaintiffs) ...................................

Seventy-uinth st., s. s., 175 w. 4th av., 2 four-
story and basement brown stone front houses,
together in size 50.6x102.2, to Joseph Hewlett

Plaintiffi.....................................    16.000

Also one similar house with lot on 57th sl., s. s.,
22.6 n. Lexington av, 22.6x25, to E. A. Jacob and

Joseph Koch..................................    10,820

Similar house with lot, 22.6x25, same St., 67.2 w.

Lexington av., to same buyer...............    10,820

Eighty-seventh St., s. s., 190 w. Av. A, 1 three-
story aud basement brown stone house, 20x

100.8. to Kobert I., entre (Plaintifl)..............     10,200

Eighty-sixth st, n. a., 203 w. Av. A, 1 three-story
and basement brown stone house, 18x100.8, to

same buyer..................................    12,000

Av. A, e. s., 16.8 n. 87th St., 1 three-story aud
basement brown stone house, 16.8x81, to James
Armstrong.........................•........    10,22





2,400





Sixty-ninth St., s. s., 225 e. llth av., 100x100.5,

to the Equitable Life Insurance Co...........

Lind av.. s. s., 491.2 e. Devoe st., Morrisania, to

Morrisania Savings Bauk.....................

New York and Harlem E. E., w. s., adj. land of

John Bussing, West Farms, 2 plots of land,

83x5'oxll5 and 53.3x236.6, to Eilen Petitmanter.

One Hundred aud Twenty-ninth st., n. s., 100 e.

Sth av., 1 two-story frame house,  to E. E.

Coudert.....................................

Fifty-eighth st., s. s., 110.8 w. Oth av., 1 three-
story brown stone house, to Wm. Winslow....
E'ghty-fourth St., n. a., 650 e. 5th av., 25xl70.11x

190, to C. A. Davidson (Plaintiff)..............

Fifth av., e. s., 78.5 n.62d st., 1 four-story and
basement brown stone front, 22x100, to Jacob

Van Derpoel..................................

Seventy-ninth st., s. s., 250 e. 10th av., 1 three-
story and basement brown stone house, 16.8x

102.2, to Mary E. Miller.......................

St. Marks pi. (No. 25), n. s., 224 w. 2d av.,  lot

26x112.10, to Isaac Hexter....................

One Hundred and Twenty-sixth St., s. s., 356.3 e.
7th av.. 1 three-story and basement brown

stone front, 18.9x99.11, to Kate B. Belloni.....

Filth av., s. e. cor. 80th st., 25.8x100, to Louis

Strauss......................................

Madison  av., n. e.   cor. 93d   st, 100.8x70, to

Charles Wright (Plaintiff).....................

Fifth av., n. e.  cor. 65th st., 25.5x100, to New

York Life Insurance Co......................

Twenty-fifth st., s. s., 435 w. 7th av., 15x98.9.
four-story and basement brick house, to E. L.

Lawrence...........  ........................

Sixty-second st. (No. 124), s. s., 211.3 e. 4th av.,

18.9x100.5, to Bernard Fellman................

Third av., e. s., 55.10 n. 3Sth st., 17.4x75, four-
story brick dwelling and store,  to John E.

Smith.......................................

First av., n. e. cor. 116th st., four-story base¬
ment brick house and lot, 26x74, to Bernard

Peyser.......................................

Eighth St., n. s., 135 e. 1st av., four-story brick
house, with lot, 27.6x112.10, to Eliza Zimmer¬
man..........................................

Thirty-eighth St., s.s., 120 w. 2d av., three-story
brick house and lot, 20x72.6, to Eose Schrei¬
ber...........................................





6,000
5,000

1,825

3,400
8,960
5,000

59.564

5,000
15,204

10.000
27,000
10,200
26.400

4,800
12,400

14,350

11,000

16,730

7,175





Total for the week........................$330,073

----------------------♦   <<Bi >   »----------------------

BUILDING MATERIAL MARKET,

BEICK.—^We find no improvement whatever on the
general market. Hard brick have sold in a very slow
and uncertain manner, and receivers complain of the
almost utter impossibility of attracting attention to
their supplies. The arrivals cannot be caUed remark¬
ably large, but there has notwithstanding been an ex¬
cess, and cargoes have remained on hand day after day
awaiting customers. When buyers did finally appear
they were quite sure to be in an indifferent humor, and
refused to open negotiations unless assured of easy
terms as a basis. It appeared that quite a number of
customers have not calciUated quite as closely to im¬
mediate wants ou previous purchases as intended, and
from the surplus are now taking supplies. Values under
existing circumstances naturally gaiu no strength, and
former rates are full as high as can consistently be
quoted, while some of the very best brands of Haver¬
straw have been offered at $5. Pale brick are quoted
about as before, but are an entirely nominal article, with
little stock arriving and not. much wanted. Fronts
are also dull. Baltimores have recently sold to some
extent, but the demand is not general, nor is there
much encouragement to hope for an increase. We
quote: Pale, per M, $2.25@2.75; hards. Up-river, %i@
4.25; Haverstraw Bay, S4.25©5; fronts, Croton —
brown, $10; dark, $11; red, $12; Philadelphia. $2'3(gi27;
Baltimore, $34@38. Yard prices, delivery included, $2
@3 higher on ordinary, and $5@6 on fronts.

CEMEiST.—The position of affairs on Eosendale does
not greatly change. Buyers are talking in some cases of
their abiUty to make purchases at a concession, but close
inquiry seems to confirm the impression that none of
the leading brands have sold off, or that manufactur¬
ers aro inclined to shade. Indeed, ruling rates scarcely
give ft margin, and the profits realized on this year's pro¬
duction are not likely to prove very large. We quote at
$1.10 on "creek," and $1.20 here. Foreign descriptions
have found a little more inquiry if anything, and are
steady, with jobbing lots from yard inclining to some¬
what greater firmness. The offering to arrive, however,
is fair, and most importers wUling operators. We quote
from pier and yard and accorfiing to brand as foUows:
Portland, $3.40@4; Eoman, $3.59(^4; Keene, $7.75@8 for
coarse, and $11.75(^12 for fine; Martin's, $7@7.25 lor





coarse,   and $11@11.25 for  flue;  La Forge,   Portland,
,$4.10@4.25; and Lime of TeU, S2.85@3.

GLASS.—The demand for French window glass does
not swell into very large proportions; indeed, the gen¬
eral market is still qttite dull, but trade is picking up
somewhat, and in a manner which leads dealers to enter¬
tain a more hopeful view of the situation. The stocks
on hand are ample in both quantity and assortment,and
former rates remain current. AVe quote at 61! aud 20(gJ60
and 25 per cent, discount. For American window glass
the Cill very fair, and the market is steady at regular list
rates and discounts. English glass steady, but withoixt
much animation.

H.\EDWAEE.—Business has been fair, and of a some¬
what more seneral character, Avith the indications favor¬
able, it is thoughts for a further increase. The market
generally has a steady tone, and dealers are in a more or
less confident mood on all regular goods. The agents
quote patent solid or arlzp-eye picks and mattocks at 25
^ cent, discount. The Ehode Island Horseshoe Com¬
pany have issued the toUowing new price-Ui^t: Perkins'
new light pattern horse.shoes, $i.62><; do., new medium
pattern horseshoes, $4 62^^; do., new heavy pattern
horseshoes, $4.62>^; do., snow or trotting shoes, S5.62>^;
do., mule shoes, $5.62j!^. Screws continue to advance
somewhat, and the EusseU & Erwiu Manufacturing
Company publish the followiuK: "We hereby annul our
circular on screws, dated August 1, 1876. All orders and
unfilled balances are canceled in accordani^e therewith.
Until further notice we soli it orders for flat head iron
screws Aipon the following terms: Discount, fifty and
twelve and one-half per cent, from our list, cash 30
davs. No prices guaranteed." The manufacturers of
cordaae have issued the followiug revised net cash list:
Manila cordage, sizes above 12 thread and hay rope,
14c.; do., do., 12 thread (X in diameter), 14J^c.; do., do.,
6 thread and 0 thread (Min. and 5-16 in diameter), 15c.:
do., do., bolt rope yarns, 15>^c ; do., do,, bolt rope
yarns. 6 thread and 9 thread, 16J^c ; do., whale lines,
16c.; tarred Manila, 13^c.; fine tarred Manila lath yarn,
15c.; Sisal rope, .sizes above 12 thread and hay rope, lOu-.;
do., do., 12 thread, 10>^c.; do., do., 6 thread and 9
thread, lie; tarred Sisal lath yarn, 9Kc.; fine tarred
Sisal lath yarn, lie; Eussia hemp tarred cordage. 13c.;
American hackled hemp tarred cordage, 12o.; tarred
American lath yarn, 12c.; fine tarred American lath
yarn, 13 !^c.

LATH.—A matter of supply alone seems to be the con¬
trolling influence on this market, the demand apparent¬
ly having become pretty well gauged by receivers, most
of whom can now tell within a few hundred thousand
hoAV many lath the market wUl exhaust within a given
period. Their tone, therefore, varies with the amount '
at hand or expected, but the range of fluctuations is
small. Durifig the present week matters have been rea¬
sonably strong, and a full rate demanded on all the offer¬
ings up to the present writing, about $1.50 showing the
general quotation, though one or two dealers were think¬
ing they could buy at $1.45 per M.

LIME.—Eeeeivers and dealers advise us to "print last
week's market over again," and tbis would probably an¬
swer as well as any other, as there is really nothing new
of positive interest. Business generally is dull, atiout
former rates are ruling, and supplies are kept down as
much as possible in order to prevent overstockint; the
market. We quote nominaUy as follows: Eockland,
85c. per bbl. for common, and $1.25 for finisbiug; North
Eiver, 60@65c. per bbl. for common, and $l@1.2o for
finishing.

LUMBEE.—The general wholesale market shows
nothing in the way of decided improvement, though we
think the business of the past week has been somewhat
larger in one or two cases on special orders for home
use for ordinary manufacturing purposes. Dry goods,
hardware and other articles of merchandise are com¬
mencing to move with somewhat greater freedom, and
this stirs up a demand for lumber from box-makers,
who in few instances have any great amouut of stock on
hand to satisfy the increased call for packages. For
building purposes the demand keeps along iu about the
ordinary limited channel, and the export trade faUs to
develop anything very encouraging, present or prospec¬
tive. The deals for which charters Avere recently made
are, we understand, coming through from the AVest to
this point by rail, with the irxception of one lot expected
by the river this week. The stocks and assortmeuts on
hand are, if anything, on the increase, though dealers
are not hurrying forward supplies controlled by them at
interior points.

Eastern spruce shows about the same general condi¬
tions, dealers' ideas proving somewhat variable in a
moderate way, according to the luck they have met with
in handling supplies, but the majority admit rather a
tame market, and nothing to encourage additional ship-