Real  Estate   Record





AND BUILDERS^ GUIDE.





Vol. XVIII.





NEW YORK, SATURDAY, SEPTEMBER 9, 1876.





No. 443





Publi.'ihed Weekly by

Cy t |lml <B^Mt llewrb ^ssoxiat mix.

0. W. S"S\TSET............President and Treasdrer.

PRESTON I. SAVEET..............Secretary.

TERMS.
OWE YEAR, in advance.. ..$10.00.
(Communications should he addressed to

C.  "W.   S"WEET,
Nos. 34.'5 AND 347 Broadway.





MARKET REVIEAV.





HEAL ESTATE MARKET.





Real Estate operators and brokers, having just
now but little business of their own to attend to,
are taking a most intense interest in that of their
neighbors, and daily eagerly and anxiously question
their mercantile fi-iends as to how general business
is doiii,g-, understanding as they do, that any im¬
provement in Real Estate must be foreshadowed b.y
the general prosperity of the business community.
So far as this is concerned, all is now going well,
and tlicre is no jiossible doubt but that New York
is Just now doing a lively and comparatively profit¬
able trade, one which in times like 1873 would have
served as a basis f oi- a genei-al advance in prices and
would have created a most lively speculative time.
New York merchants have, however, since that year,
received many bitter lessons, which those who are
now left are. profiting by, and we consequently find
them loth to kill the goose that lays the golden
eggs, by any advance in prices which the purchasing
public will not stand.

There seems to be hut little of interest occurring in
the Real Estate market, the same listless tone still
chai-acterizin.g the transactions of the Exchange Sales
Room, all of which are of a purely legal character.
There is no diminution in the number of foreclosure
suits, the number filed for August of this year being
slightly in excess of the same month for the year
1875, the actual figures being 162 for the year 1875,
and 180 for the .year 1876. In July of this year there
were S13 suits filed and but 137 in the same month of
1875. There seems to be also a slightly less propor¬
tion of suits staved off this year than last, as mort¬
gagees are insisting upon positive settlements, which
owing to the weakness of the holders can only be con¬
summated by the sale of the property, which alnio.'it
invariably falls into the hands of the plaintiff.

Below we give the result of the legal .sales for the
week:

Ei.ghty-second st.. s. s., 250 e. 2d a v., 1 two-
story frame house, with lot, 35x103.3, to
John H. Deane...............................   $4,810

Eighty-third .St., s. s., 271.2 e. 3d av., 1 tliree-
storjr and basement brick house, with lot,
17x100, to Charlotte Evers (Plaintiff)........      4,000

Old Bo.ston road, s. e.s., 175 n. e. Grove st., 1
plot of land. 55x212x58x230, to Barbara Kel¬
ler............................................      7,131

Morris pi., s. w. cor. Helen st., 1 two-story
frame house, with plot, 115x225, to Ellen
Sugden (Plantiff).............................      8,000

Kingsbridge road, o. s., kno-ivn as lot 81 on
map of property belonging to Robert Bo¬
gardus, 1 lot, 25x109.10, to Robert A. Grea-
cen...........................................      1,300

Norfolk St., e. s., 16.11 n. Stanton st., 1 two-
story and basement frame and brick house,
with lot, 30.10x54.6, to George A. Haggerty
(Plaintiff)....................................      4,035

Twelfth av.. s. e. cor. 135th st., Iplot of land.
149.11x375, to Alvin Higgins (Defendant)....    18,000

One Hundred and Twenty-fourth st., s. s., 80
w. 1st av., 1 three-story and basement brown
stone front house, with lot, 20x96x26x83, to
George A, Haggerty (Plaintifl:)...............     5,517





Twenty-sixth st., s. s., 231.1 w. Broadway, 1
four-story and basement brown stone front
house, with lot, 3.5x98.9, to Annie T. Slosson
(Plaintifl')....................................

Thirty-seventh st., n. s,, 167 e. 2d av., 1 five-
story brick tenement house, with lot, 25x
98.9, to Johanna Strauss (Plaintifl:)..........

Essex St., e. s., 150 n. Rivington St., 1 six-
story brick tenement house, mtli lot, 25x100.
to George Hegne.............................'.

Stanton st. (No. 80) ii. s., 66.3 Allen St., 1 flve-
stor;/ brick tenement hfmse, with lot, 21.3x
65, to Laura S. Papst (Plaintiff)..............

Second av. (No. 9-tt) n. e. coi-. 50th st., 1 thi-ee-
story and basement iirJek house, ■with lot.
20.5x70, to John Denner......................

Chrystie St., w. s., 175 n. Rivington St., 1 six-
storjr brick double tenement house, with lot,
25x100, to Joseph M. Ohmeis (Plaintiff).....

Fifth av.. 6. s., 75.5 n. 5-lth st., 1 lot. 25x100,
to G. H.' Moller (Plaintiff)...........'.........

Forty-fourth St., n. s., 135 e. Lexington av., 1
three-storj'' and basement brown stone front
house, with lease of lot, 20x100.5. Lease
dated April 1, 1870, term 20 years, ground
rent, $440 per annum, to Thomas McManus
(Defendant).......'...........................

Forty-fifth St., s. s., 310 e. Lexington av., 2
similar houses, with lease of lots, each 20x
100.5. Lease dated April 1, 1870, term 30
years, ground rent, §520 per annum, to same
buyer.........................................

Sixty-fourth St., n. s., 275 e. 5th av., 1 lot, 25x
100.5, to Fernando Wood (Plaintiff)..........

Tenth av., e. s., extending from 146th to 147th
St., 199.6x375, to N. S. Simpkins, Jr. (Plaintifl')

One Hundred and Ninth St., n. s., 250 w. 10th
av., 1 two-story frame house, with lot. 25x
100.11, to Sophia A. Dixon (Defendant), i....

One Hundred and Thirtieth st., s. s., bet. 10th
av. and Bloomingdale road, 1 lot, 25x100 to
John To^Tisend..............................

Twenty-nmth st., n. s., 196.9 e. Madison av.,
1 three-story and hasement brown stone
front house, with lot, 21.4x98.9, to William
Nelson, Jr....................................

Fifty-seventh st., s. s., 90 w. Lexington av.,
12 four-story and basement brown stone
front houses (unfinished) wth plot of land,
22^1x100, to Andres Dold (Defendant)........

Twentieth St., s. s., 130.4 e. 9th av., 1 three-
story and basement brick house, with lot,
16.8x91.11, to Ruth E. Smith (Plaintiff)......

Av. A., e. s., 32.9 s. 87th st., 1 three-story and
basement brown stone front house, with
lot, 16x81, to the Germania Life Ins. C!o.
(Plaintiff).....................................

Eighty-fourth St., n. s., 366 w. 3d av., 1 three-
story and basement brown stone front
house, Viith lot, 20.4x103.3, to Herman Polye

(Sd mortgagee)...............................

Tenth av., e. s., 50 n. 159th St., 1 two-story
frame house, with lot, 136.6x51.2xll6.8x
49.11, to Samuel B. Hurd (Receiver of Third

Av. Savings Bank) (Plaintiff)................

Eighty-seventh St., s. s., 153 e. Av. A., 1
three-story and hasement brown stone front
house, -with lot, 18x63.11, to Anna L. Walter

(3d mortgagee)...............................

East Broadway (No. 34) n. s., 1 five-story brick
double tenement house, with lot, 25 x half
block, to William Zsclnvetzke (Defendant)..
Seventy-third St., s. s., 150 w. 3d av., 1 three-
story and basement brick house,with lot, 25x

102.2, to Joseph Gutman (Plaintiff)..........

Second av., e. s., 50.5 s. 98th St.. 1 plot of land,

50.5x100, to A. W. Spooner...'................

One Hundred and Forty-sixth .st., s. e. cor.
College av., 1 three story frame house, with
Slots, each 25x100, to Charles Fossing (Plain¬
tifl)...........................................





21,300

12,000

17,200

14.000

15,000

33,000
29.000





15,.548
13,750
10,000

2,000

500

14,600

188,095
8,500

8,000

7,800

6,000

7,000

20,700

9,300
3,500

3..500





Total for the week.......................§513,266





BUILDING MATERIAL MARKET.
BRICK.—The market for common hards has, if pos¬
sible, been in a worse condition than ever, and we
find receivers grumbling very much over the situa¬
tion. Some demand prevailed, of course, but it was
of a cautious indifferent character, and, in no case
could buyers be persuaded to handle stock in excess
of the known necessities of the hour. Receipts, in
the meantime, have continued full, with the supply
afloat frequently showing an uncomfortable accu¬
mulation, with no other course to pursue but to carry
the stock until chance afl'orded .^an opportunity to dis¬
pose of it. Values naturally^ under the circum¬
stances,  have lacked strength generally,  and  are





somewhat under last week, standing at about S3..50@,
I for " Up-River, and S3.75(gi4.5U for Haverstraw, with
possibly here and there a dealer willing to pay 154.7'5@,
5 to obtain a special make, but the latter figures are
above the rates obtainable for the general ran of
stock. Advices from the river seem to show that
manufacturers continue work in the face of the con-
tlition of the market, and that few who have stopped
did not do so until their storage accommodation was
full to overflowing. Pale brieic are not vei-y plentj'
and remain at about former figures nominally, but to
sell them any lower would pi-obably cut ott' all
margin. Fronts in slow, uncertain demand, with
about former rates asked on most grades. We
cjuote : Pale, %a. M, §2.25@2.75 : liards, Up-River.
I:53.50@4; Haverstraw'bav, S3,7.5(?7.4.50: fronts, Croton—
brown, $10 ; dark, $11 ; red, $12 ; Philadelphia, $23
@27 ; Baltimore, $34(g..;i8. Hard prices, delivery in¬
cluded, $3@,3, higher on ordinary, and $5@,6 on
fronts.

CEMENT.—Rosendale does not meet with much
demand on local account, beyond the ordi-
nai-y order.s from i-egular sources, out dealers
preferring to adhere to the hand to mouth policy.
Manufacturers and agents, however, think thej' can
discover premonitory movements among buyers on
shipping account looking to an increase of demand,
and it is hkely the call for winter supplies may soon
set in from some quarters. The production continues
to be guaged as closely to the wants of the market
as possible, and with a fair amount of success, but
no scarcity has been shown, and all orders
are promptly met at former rates. AVe
quote at $1.10 on "Creek,' and $1.20 here. Foreign
styles too attract a trifle more attention, and all the
leading brands rale about steady, with no scarcitj^,
however, and imj)orters in position to order out addi¬
tional amounts should they be requii-ed. AA'e quote
from pier and yard and according to brand, as fol¬
lows : Portland, $3.40(g!4 : Roman, .$3.59@4 ; Keene,
$7.75@8 for coarse, and $11.75(2,12 for flne ; Martin's,
$7((7'm'.25 for coarse, and $11@11.25 for flne ; La Forge,
Portland, S4.10@4.25 ; and Lime of Teil, $2.85@3.

FOREIGN AVOODS.—There has been a somewhat
increased distribution of cabinet woods from yard, as
manufacturers are doing a trifle more work in part
for stock and in part on orders. There was nothing
like positive activity, however, and the influence is
not felt upon the wholesale market, which remains
quite dull. Supplies in flrst hands are small, but no
more wanted, and values, to some extent, continue
nominal. .At a recent pulilic sale rosewood, averag¬
ing about 760 D)s to log sokl at 5c. per \h all around ;
satinwood, 23e per foot; and Circassian walnut burls
at 13@20c. per D), averaging a trifle over Ific. per D).

GLASS.—The demand for French window glass has
been very good, especially from buyers direct, the
number of customers in town proving larger than
for sometime past. They have found all the stock
wanted, both as regards quantity and assortment, and
obtained it at former rates, but the tone is Arm, and
some holders talk of an advance. Quotations at 60
and 30(g\60 and 35 per cent discount. American glass
firm also, with a good and increasing call for all the
regular .sizes. For Engli.sh the inquiry a little irreg¬
ular, though, on the whole, fair.

HARDWARE.—The week has lieen a comparatively
quiet one, and not altogether satisfactoiy. A great
many buyers were in town, but they appeared to have
little to do beyond looking around, and purchases
were nearly aU of the .jobbing character. Promises
were made' of increased orders by mail, but ont deal¬
ers would have preferred something more tangible.
The position is about steady for all classes of goods,
and since our last we hear of no important change.s
made. The American Screw Conqiany announce a
discount of 70 per cent, from Philadelphia list on tire
bolts.

LATH.—Sellers have had the advantage since onr
last, and this, of course, means an addition to
values. Receipts were moderate and arrived in good
form to handle easily, and with a demand sufficient
to exhaust the offering about as fast as made, buy¬
ers gi-aduall.y inci-eased their bids, in order to secure
what they required. Up to the present writing, tlie
highest rate we have actuallj^ heard of as being paid
is $1.65 per M, but there still appears to be an unsatis¬
fied demand, and receivers e,\:press an intention of
running the rate up to $1.75 iierM.

LIME.—There is no radical change in this market,
but,  if anything, the turn is just a trifle for the