Real  Estate   Record





AND BUILDERS' GUIDE.





Vol. XX.





NEW YOEK, SATURDAY, AUGUST 11, 1877.





No. 491.





Published Weekly by

die %ml (Estate Mnaxti %^%ocmimx.

TERMS.
blVE VEAR, in advance....$10.00.     ,
Communications should be addressed to

C.  ^V.  SW^BET,
Nos. 345 AND 347 Broadway.

market  review.





REAL ESTATE MARKET.

There is lifcfcle of momenfc to report in the Real Es¬
tate markefc. Owing fco fche absence of so large a
number of capifcalisfcs and operafcorsjf rom fche cifcy, and
the meagre attendance at the Exchange, the adjourn¬
ments were frequenfc and numerous. The fcofcal fcrans-
acfcions reached only fchirfceen. The five-sfcory brick
College building, and fchree lofcs, each 25x98.9, known
a Nos. 238, 230 and 232 Wesfc Forfcy-second sfcreefc, were
sold fco fche plainfcifE's afcfcorneys for $60,156, and the
plaintiff in the action bought the five-story brick store
oa the south side of Sixteenfch sfcreefc, 138 feefc wesfc of
Avenue C, for $12,075.

The recorded transacfcions show the transfer of the
six-story factory, with lot, situated on the northwest
corner of Canal and Mott streets, and the six-story
factory, with lot, known as No. 99 Mott street, for
$67,.'i00 ; also twelve vacant lots on the south side of
Sixty-second sfcreefc, two hundred and flffcy feefc wesfc
of Ninth avenue, for $42,000, the amount of the mort¬
gage existing on the property. The flve-story brown
stone fronfc house, wifch lofc (20x115) and sfcable in fche
leais'sifcuated on fche easfc side of Fiffch avenue, twenfcy-
fcwo feet north of Eighty-fourth sfcreefc, has been con¬
veyed fco Mrs. Joseph Bell in consideration of the sum
of $80,000.

About flffcy per cenfc. of fche amounfc of loans secured
by morfcgages which were recorded during the week,
bear interest afc six per cenfc., among which will be
found a loan by fche Seaman's Saving Bank for $60,000.
Two loans have been made at the rate of fl^eper
cent., one for $4,000 running for the period of seven
years, and fche ofcher for $11,000, due five years from
dafce.

The operafcions of fche BuUding Deparfcmenfc are
characterized by exfcreme stagnation, and we regret
fco record fche facfc that for the week ending Aug. 9,
1877, only six plans, embracing seven buildings, have
been filed in the office of the Superintendenfc. The
esfcimated cost of the whole number amounts fco only
$39,300.

The subjoined fcable shows fche number of deeds and
mortgages filed for record wifch the Register of fche
Cifcy and Counfcy of New York, during the six days
ending August 7,1877, and the ainounts involved :

Amoimt.
142 Deeds, maU....................,......... $1,337,466

40 Nominal deeds..........................         nom.

17 Referee'deeds.....'.....................       151,276

27 Deeds, in 23d and 24th wards...........         72,750

M0RT6A6ES.

104 Mortgages...............................      788,646

26 Mortgages, at 6 per cent...............       383,000

10 Mortgages to Trust and Insurance Co.'s      il3,500

The foUowing are the sales at the Exchange Sales¬
room for the week ending Aug. 9:

Church st. No. 215, e s, 75 n Walker st, 1 flve-
story brick (stone front) warehouse, with
lease of lot, 25x75; leased May 1, 1867;
term, 21 years; ground rent, $3,000 per an¬
num, to Martha E. Knox (plaintiff)........      $500





Madison st. No. 390, s s, 100 e Jackson sfc, 1
four-sfcory brick dwelling and sfcore (fronfc).
and 1 fchree-sfcory brick dweUing (rear),
21.10x95.8, to Hiram B. Blauvelt (exr, and
plainfciff)....................................      5,000

Macdougal sfc. No, 35, w s, 55 s Wesfc Washing¬
fcon pi, 1 four-stoi-y brick (stone fronfc) dwel¬
ling, 27.6x128. fco Edward Goldschmidfc (for
plaintiff)....................................   20,000

16th sfc. No. 648 Easfc, s s, 138 w Av C, 1 five-
sfcory brick sfcore and dwelling (front), and
two-story brick stable (rear), 25x103.3, fco
Samuel CardweU (plainfciff)................    13,130

33d sfc, No. 409 Wesfc, n s, 150 w 9fch av. 1 fchree-
sfcory brick dwelling, 12.6x98.9, fco Alberfc
Smith.......................................     5,605

42d st, Nos. 228 to 233, s s, 325 w 7th av, 1 five-
story brick college building, 75x98.9, fco
Couderfc Bros, (plainfciff's afcfc'ys)...........    60,156

48fch sfc, No. 350 Wesfc. s s, 175 e 9fch av, 1 fcwo-
sfcory frame dwelUng, 20.2x101.6x5.6x100.5,
to Henry Dane (plainfciff).................     4,000

SOfch sfc, No. 400 Easfc, s e cor Isfc av, 1 four-sfcory
brick (sfcone front, mansard roof) dweUing,
20x90. to G. A. McMurfcry...................     8,885

74fch sfc, n s, 200 e 2d av, 1 four sfcory brick fcene-

menfchouse, 25x103.2. fco Thomas F. HaU..    10,200

83d sfc. n s, 368.9 e 9th av, 1 three-story brick

dwelling, 18.9x102.2, to John Hartf>U.....     4,650

81th st, n s, 225 e 10th av, three-sfcoiy frame
dwelling, 50x102.2, fco G. H. Poole. (Sub. fco
all incumbrances)..........................        650

105th sfc, No. 203 Easfc. n s, 63.4 e 3d av, 1 two-
sfcory frame dwelling. 17.1x80.8, to Pang-
burn & Adams (plaintiffs)..................     2,110

129th St. s s, 275 e 7th av, 25x99.11, to Wm. V. S.

Beekman (exr. and plaintiff)...............     1,400





Total.................. ....................$136,186

----------<-«-»----------

BKOOKLYN, N. Y.

In the  City  of Brooklyn, Mr. I.  F.  Bissell has
made fche foUowing sales for, fche week ending Aug. 8:

Congress sfc, n s, 51.8 e Hfeks sfc, 82x60, to John

Gianella (plaintiff).   (Morts. $1'600)........   $2,500

Degraw st, s s, 120 w 6th av, 20x100, to James

Brady (plaintiff)............................     5,000

Hampden St. w s, 75.10 s Park av, 10.4x80.1x
l().llx58.3, to Sarah Ann Wyckoff (plain¬
tiff).........................................     3,000

Harrison st, n s. 288 w Columbia sfc, —x95, fco

Geo. F. Trippe............................      nom

Pulaski sfc, 376 e Sfcuyvesanfc av, 26x100, fco Sfce¬
phen R. WUUams (plainfciff).........:......     2,500

Raymond sfc, e s, 50.1 n Bolivar sfc, 92.7x81.11, fco

Jaques (jorfcelyou (plainfciff)...............     3,000

Isfc sfc, n w cor Norfch llth st, 100x100, to Samuel

WUlets.....................................    13,700

2d pi, s s, 187.6 e Courfc sfc. 18.9x138.5, fco Home

Life Ins. Co. (plainfciff)......................     4,000

17fch sfc, s s, 150 w 7fch av, 25x100, fco Julia P.

Fosfcer (plainfcUf)............................      1,000

De Kalb av, n e cor Sfcuyvesanfc av, 125x800 fco
Pulaski sfc, 6 lots, to J. M. Phelps and K.
Egan......................................     5,750

MetropoUtan av, s s, 375 e Bushwick av, 25x

100, fco Sarah Roe (exfcrx. and plainfciff)___     1,500

Ufcica av e s, 92.9 s Herkimer sfc,  23x100,  fco

George Dietrick (plamfciff)..................      1,000

3d av, s e s, 88 s w 15th sfc, 83x76, to Thos. Mc¬
Comb (plainfciff),   (Morfcs. $4,000),........     4,250

3d av. e s, 44 s w 16fch sfc, 22x75, fco John and

WiUiam M. WiUis (fcrusfcees and plainfciffs).     4,500

5th av. e s, 60 s 9th st. 14x80x26x20x40x100, fco

S. L. Vanderveer (plaintiff)................     3,000

Brooklyn and Jamaica plank road, n s, 450 w
Patchen av, 50x38 to Bainbridge st, to Ja¬
cob S. Hallefct (plaintiff)....................        250

Total.....................................   $54,950





BUILDING MATERIAL MARKET.
BRICKS.—On common hards fche markefc has shown
a slow, dragging fcone, and did nofc appear fco give
much safcisf action to any portion of the selling inter¬
est. Manufacturers, at their regular meeting, direct¬
ed that former prices be obtained, and nominally
there was no change in values during the present
week, but fixing a price on goods and getting buyers
to submit to that price, are quite different matters.
Sales have been made in aU probability at extreme
flg;ures of quotations, but they were fche excepfcion,
a,hd as the necessity of fche case gave agenfcs a certain
amount of discretion,which has been liberally used,
few desirable customers were aUowed to depart if
qiiiet, Ufctle favors would secure their orders.   There





has been no shading, however, calculated to attract
demand beyond the immediate consumptive necessi¬
ties of the moment, and the outlet offered was enfcire¬
ly disproporfcioned fco the arrivals. Indeed, the
amount afloat awaiting a market has been very lull
at all times, and at the close holders were commenc¬
ing fco grumble a lifcfcle over fche accumulafciug expen¬
ses, with occasional intimations of cutting l.)Ose from
combination confcrol. Pale brick have been quite
difficult to place, but nofc unusuaUy plenfcy. Fronts
remain about as before on values, but slow of sale and
withoufc much tone. We note thafc several cargoes of
brick are aboufc loading afc Cold Spring, L. I., for St.
Johns, N. B., at $3.00 per M freight.

We quote: Pale, per M. $2.50@2.75; Hards, Up-Rivers,
$4.0ft®4.50 ; Haverstraw bay, $4.75®'5.25 ; Favorite
brands, $5.50@6 ; Fronts, Crofcon—brown, $8; dark,
$9; red, $10; Philadelphia, $2.3@27; Balfcimore, $34®
38. Yard prices, delivery included, $2@3 higher on
ordinary and $5@6 on f ronfcs.

GLASS.—Business has again been only fairly acfcive
afc the besfc and confined fco such small orders as would
safcisf y fche mosfc urgenfc wants. Indeed the market is
a disappointing one, and dealers generally are inclined
fco find faulfc. The terms offered are figured down to
the lowest point possible and not make actual lo.ss,
while even this has nofc afc all fcimes been considered
when it was desired to secure a good customer, but as
a rule the temptation has not proven sufficient to
move any considerable amount of stock. American
glass is about as dull as the foreign, and is fco some ex¬
tent nominal on value, fchough buyers as a rule have
the advantage, There is thought to be a fair pros¬
pect for the fall fcrade, especially on orders from the
interior.

HARDWARE.—Neither ] the amounfc of business
doing nor fche general condifcion of the markefc is cal
culafced fco give full safcisfaction to dealers. Buj'ers
are reaching out toward sfcocks in various ways,
fchrough travelers' mail orders, and personal inspec¬
tion, bufc wifch fche old careful fcone and fail fco afford a
movement of encouraging proportions. Values, too,
have been shaded and shaded until down to a bare
living inargin, and current prospects are not favor¬
able for a reduction. Still the interest shown, as
noted above, leads fco some hope for fche fufcure, and
an underfcone of faifch in a good fall trade occasionally
reveals ifcself. We hear of no recenfc changes on cosd
of a positive character, bufc nofce continued irregu¬
larity on Locks and Cast Butts. Horse and mule
shoes have made a slight advance.

LATH.—There has been no change ^of a radical
character since our lasfc wrifcing, indeed the market
has preserved a very uniform tone. In one instance
there was a momentary shading of cosfc, under some¬
whafc undue hasfce fco realize, bufc a quick recovery
followed, aud afc $1.55 per M mosfc of the operafcions
were consummafced. Stocks in the second hands are
for fche time being fair, but nofc fuU, as the amounts
afloafc here and expecfced to arrive are moderate, re¬
ceivers continue in a confident mood.

LIME.—Business stiU rafcher slow, wifch evidences of
much caufcion on fche parfc of all buyers. Bufc fche fcen-
dency of fche markefc is fco gain fcone and former rates
are quoted as sfceady. SuppUes have been moderafce.
and the offering is nofc Ukely to greatly increase until
a place for the stock has become pretty weU assured.

LUMBER.—We find no change of a veiy decided
character ou the markefcs. In exceptional cases
dealers appear prefcfcy well safcisfled wifch fche amounfc
of business fchey are doing, bufc where we find one re¬
port fcaking a cheerful or encouraging tone, fchere is a
dozenof a contrary nature, and a Uberal addition to
the demand would have to be made to infuse a general
appearance of activity. In nearly aU cases, too,
buyers show a nice idea of quaUfcy, and the diffieulfcies
encounfcered over an attempt to dispose of undesir¬
able goods gives rise fco frequenfc complaint. Building
wants do not appear to run much beyond the average
afc presenfc, fche consumpfcion for manufacturing pur¬
poses is only fair, and export orders without large
volume and for many outlets confined to parcels re¬
quired to flU freight room. Exceptions to the lafcter
rule are to be founa, however, and we understand
that recent shipments to the Easfc Indies, with other
parcels now about loading, go oufc on special and
direcfc orders, and wifch a shown margin for profit.
Ordei-s for shipments from ports on the coast, especi¬
ally South, are being received to a moderate extent.

Eastern Spruce continues under very fair manage¬
ment, and a show of steadiness is as a rule preserved.
Buyers, without manifesting any undue anxiety to
secure stock, and rather passing entirely cargoes of