Real Estate Record
AND BUILDERS' GUIDE.
Vol. XX.
NEW YOEK, SATURDAY, AUGUST 25, 1877.
No. 493.
Published Weekly by
Clje %ml Estate Sf ta.i:tr S^ssodatiaii.
TERMS.
ONE YEAR, in advance....$10.00.
Communications should be addressed fco
C. W. SWEET,
Nos. 345 AND 347 Broadway.
MARKET REVIEW.
REAL ESTATE MARKET.
The fcransactions during the week, bofch public and
private, were lighfc. The offerings afc fche Exchange
Salesroom were unimporfcanfc in characfcer, and the
sales actually consummafced amounfced to eighteen
only, the aggregate sum realized thereby footing up
$ 156,148. The recorded deeds disclose no operations of
magnitude afc privafce bargain, and fche general mar¬
kefc may be characterized as apathetic. Fourteen
sales are announced for the coming week, among
them the twenty-four lots on the northeast corner of
One Hundred and First street and Third avenue, and
twelve lots on fche soufchwesfc corner of One Hundred
Second sfcreefc and Second avenue. On AVednesday
nexfc BIr. Harnefct will offer for sale the property situ¬
ated on the soufcheasfc corner of Sixfch avenue and
Thirty-fiffch sfcreefc, consisfcing of five four-story brick
(stone front) sfcores and dwellings, known as Nos. 586
fco 594 Sixfch avenue, and fche fcwo fom--sfcory dwellings
known as Nos. 72 and 74 AVesfc Thirfcy-fiffch sfcreefc.
The amounfc of loans, bearing infceresfc afc six per cenfc.,
secured by mortgages and recorded during the week
aggregates §183,200. There is included in such amounfc
a purchase money morfcgage for $45,000. _ The fcend-
ency fco a sfcill lower rafce of interesfc is evidenced by
the fact fchafc occasionally a five per cent, loan makes
its appearance, ahd in the published list of morfcgages
a loan for fche sum of $10,000 bearing infceresfc afc thafc
rafce will be nofciced.
'As compared wifch the operations for fche previous
three weeks, we nofce an increase in fche numher of
plans filed with fche Superinfcendenfc of fche Deparfc¬
menfc of Buildings. For fche week ending August 24,
877 fourteen plans, embracing twenty-seven build¬
ings, were lodged in the office of that Department, fche
esfcimated cosfc of their consfcruction amounfcing fco
$168,550.
The subjoined table shows the number of deeds and
mortgages filed for record with fche Regisfcer of fche
Cifcy and Counfcy of New York, during fche sis days
ending August 21,1877, and fche amounfcs involved :
Amount.
84 Deeds, in aU/................................$722,v40
19 Nominal deeds............................. nom.
14 Referee' deeds............................. 131,1.^0
14 Deeds, in 23d and 24th wards.............. 25,910
MORTGAGES.
83 Mortgages.................................. 630,090
18 Mortgages, afc 6 per cenfc............ ...... 183,200
1 Morfcgage, afc 5 per cenfc.................... 10,000
19 Morfcgages to Trust and Insura,nce Co.'s... 216,000
The foUdwing are fche sales afc the Exchange Sales¬
room for fche week ending Aug. 23:
Baxter sfc. No. 33, e s, 85.2 n Park sfc, 1 five-sfcory
brick double fcenemenfc and store, -25x100.6,
to Francis F. Robins (plainfcUf)............ $14,600
Perry sfc. No. 16, s s, 195.8 w Greenwich av, 1
three-sfcory brick dwelling, 22x95, fco Regina
Gufcman (plainfciff) •• •-•..................... 11,000
Sth st (.^o. 44 St. Marks pi), s s, 125 e 2d av, 1
four sfcory brick (sfcone fronfc) dwelling, 25x
^ -, to Moses Sfcern.......................... 22,663
14fch sfc, No. 519 East, n s, 266 e Av A, 1 six-
sfcory brick sfcore and dweUing, 25x103.3, fco
Alonzo Van Deusen (plainfciff)............. 12,980
20fch sfc, No. 418 Easfc, s s, 239.6 e Isfc av, 1 four-
sfcory brick sfcore and dweUing, 20x92, fco
AValfcer Sparks (plaintiff)................... 5,200
20fch st, s s, 190 e 2d av, 1 three-story brick
house, 20x92, to George Reichardt (plain¬
fciff)....................................... 8,060
24fch st, No. 3-20 East, s s, 268.4 e 3d av, 1 three-
story brick and frame stable, with lease of
lot, 24.4-X98.9, to J. M. Smifch (plainfciff)..... 3,000
39th st, No. 524 AVesfc, s s, 350 w lOfch av, 1 five-
story brick tenement, 25x98.9, fco John
AVafcson (plaintiff)........................ 6,500
51st st, Nos. 425 and 427 Easfc, n s, 235.8 e Isfc av,
2 three-storv brick (stone front) dwellings,
.33.4x100.5, to Rudolph G. Salomon (plain¬
fciff).......................................... 15,850
52d sfc, No. 159 Easfc, n s, 120 w 3d av, 1 five-
sfcory brick sfcore and dwelling, 25x100.5, fco
Henry J. BurcheU (plaintiff)............... 13,930
55fch sfc, s s, 325 w 6fch av, 25x100.5, fco John E.
Taylor (fcrusfcee and plainfciff).............. 5,700
55fch st, s S, 350 w Oth av, 25x100.5, to AVm. C.
Dornin (guard, and plaintiff).............. 5,500
55th st, s s, 375 w Oth av, 25x100.5, to Catherine
S. Blorell (plaintiff)......................... 4,500
57th st, No. 445 Easfc, n s, 145.5 w Av A, 1 fchree-
sfcory brick (sfcone front) dwelling, 18x100.4,
to TJnion Dime Savings Inst, (plaintiff)___ 8,700
71sfc sfc, s s. 100 e 2d av, 50x100.4, to Helen Lang¬
don (plaintiff).............................. 2,000
83d st, n s, 350 e Oth av, 1 three-story brick
dweUing. 18.9x102.3, to Michael J. Kelly... 5,375
87th sfc, n s, 125 w 3d av, 50x100.8, to Anna Ofc-
tendorfer................................. 6,110
lOfch av, e s, extdg. from 305fch fco 206tli sfc,)
199.11x400.............................. V
9fch av, s w cor SOOfch st, 99.11x100...........\
to G. H. Peck et al. (plaintiffs)............. 4,420
Tofcal....................................... $156,148
----------------«~»->^-----.---------.
BROOKLYN, N. Y.
In fche Cifcy of Brooklyn, Mr. I. F. BisseU has
made the following sales for fche week ending Aug. 22:
Afclanfcic sfc, s s, 246.9 w Courfc sfc, 21.9x80, fco
Carl Voighfc (plaintiff). (Blorts. $7,000) .... • $9,500
Fulton st, s s, 100 w Nosfcrand av, 200x90, fco
Wm. H. Chapman (plainfciff)...........___ 25
Madison sfc, n s, 262.6 wTompkins av, 18.9x100,
fco Ellen H. Tompkins (guard, and plain¬
fciff)......................................... 4,000
Presidenfc sfc, s s, 192 e 7fch av, 25x100, fco Henry
D. Polhemus (plainfciff)................... 5,TO0
HamUton av, n e s, 235.1 n 14th st, 26x88.3x22x
74.5. to AVm. F. Johnson (plaintiff).......... 2,500
Schenectady av, ws, 93.6 s Paciflc st, 18.9x100,
to Elizabefch Taber (plaintiff).............. 50
South Carolina av, s s, 50 e Barbey sfc, 25x100,
fco fche East New York Savings Bank (plain¬
fciff)........................................ 1,700
Throop av, w s, 75 n Gerry sfc. 25x100, fco John
BL Aimesfplaintill)....................... 2,500
Tompkins av, e s, 60 s AVUIoughby av, 20x100,
fco Robinson GiU. (Morts. $-2,500).......... 3,000
5th av, n e cor lOtli st, 20x75, fco Chas. Kohle-
beck...................................... 7,425
Tofcal....................;................. $36,400
BUILDING MATERIAL MAREIET.
BRICKS.—A more or less doubfcful condifcion of
affairs continues on this market withoufc, however,
fche evidences of much fcendency in favor of fche im¬
mediate gain of strength. Consumption of hard
brick has been sufficient since mid-summer to exhaust
a goodly amounfc of stock, and is sfcill as a rule fair,
but fails fco come up fully fco expecfcations, or even to
calculations and arrangements, and the disappoint¬
ment has a depressing influence. The formation of a
combination among manufacturers too, has un¬
doubtedly proven injurious to the healthy condifcion
of fche markefc, as buyers nafcUraUy objected to a
dicfcafced price, notwifchsfcanding ifc may have appeared
cheap, and sfceady resistance generated an unsettled
tone at all fcimes. Manufacfcurers now fcalk more gener¬
ally aboufc shutting down on the production on the plea
of actual loss, bufc fchis movemenfc wUl have to cover the
majority of fche yards fco prove successful, as certain
makers have had a margin fchroughoufc, and are
nafcurally nofc over anxious fco cease work before frost
especially as fchey have nofc made much of an accumu-
â– jlafcion for sfcock. The week's business.on our market
on Common Hards has been slack, "^and we quofce
everyfching off aboufc 50c. There are no Up-River's
selling above S5, wifch fche excepfcion of a single brand,
which is sfcill. quofced afc $6. AVe make $5 an exfcreme
figure, fcherefore, for everyfching bufc fchis one excep¬
fcion.
AVe quofce: Pale, per M. $2.50@3.75; Hards, Up-Rivers,
$3.50@4.00; Haversfcraw bay, $4.00@4.50; Favorifce
brands, $4.75@5 ; Fronfcs, Crofcon—brown, $8; dark,
$9; red, $10; Philadelphia, $23@27: Balfchnore, $34®
38. Yard prices, delivery included, $2@3 higher on
ordinary and $5@6 on fronfcs.
GLASS.—Foreign shows a moderafce degree of ani-
mafcion which a porfcion of fche Trade are inclined fco
consfcrue as quifce encouraging, ofchers, however, can
see nofching good in fche market and adhere fco the
feeling of discouragemenfc so long currenfc. The
previous small sales, however, Ught assorfcmenfcs in
the interior, and the season of fche year lead naturally
to a hope of increased orders, and especially in view
of a disposition to keep terms easy. American is
selling fairly we understand, and has for some little
fcime fcended toward an increase, with manufacfcurers
and dealers generally looking for full as good fcerms
as herefcofore, wifch an efforfc now and fchen for some-
fching a fcrifle befcfcer.
HARDAVARE.—The demand is befcfcer in many cases
and ifc is becoming more common fco hear dealers rt"
porfcing a comparatively good fcrade,-wifch every indi-
cafcion of a further addifcion. The distribution to the
infcerior is general on assortmenfc, so far as whafc may
be termed standard and useful goods, bufc ignores
prefcfcy much everyfching in fche fancy Une. The lafcter
sells to some extent on local account, but not freely,
and our city consumpfcion also tends largely to regu¬
lar goods, of which builders' hardware forms a large
proportion Exporfc orders are nofc quite so plenty,
bufc sfcill are received fco a fair extent, and dealers say
fche demand is simply undergoing a nafcural liUl.
Generally values are wifchoufc radical change, but the
tendency is easy.
LATH.—Many receivers entertain prefcfcy fuUnofcions
for lafch, and have ideas fixed upon exfcreme rates on
fche fall fcrade. Ifc is expecfced fchafc local consumption
will require 'a prefcfcy Uberal fcofcal againsfc which
dealers are only scantily prepared, whUe producfcion
and shipments are to complete the programme by
keeping within narrow compass, an easy matter ifc is
claimed, owing to the late drought. Buyers, however,
can seldom be found to operate beyond present
wants; building projects are nofc as yefc assured fco any
exfcenfc, while many sfcrucfcures are of a class con¬
suming no lafch at all. Predicfcions of scarcifcy and the
cause fchereof have become such regular features just
before the setting in of fall business, that buyers
seldom manifest more interesfc on fche subject than to
ascertain what new embellishments are added to the
sfcory for fche currenfc year. Since our lasfc reporfc the
market has been fairly acfcive, and rates have been
sfciffened a fcrifle by some holders wifchoufc mafceriaUy
advancing the quotable range.
LIME.—The offerings of Easfcern continue moder¬
ate and somewhat indifferently made, and receivers
say must continue so untU the margin is increased.
Manufacturers keeps a few kilns going to satisfy fche
consumption nearer home, and accommodate
customers in fchis direcfcion wifch a few cargoes from
fche surplus, fche rafces received barely lefcfcing fchem out
whole afc any fcime. Everything is ready, however, to
increase production whenever there is a chance for
profit, with some indications fchafc currenfc fcendencies
are fcoward this result. Demand is more general and
quicker, and there is a promise of stUl further in¬
crease, with a few buyers willing to contract for stock
ahead of arrival. State lime sympathizes in tone with
Easfcern, and meets with a good fair demand. The
quoted rates have nofc changed, and holders continue
firm.
LUBIBER.—Neifcher in fche way of a caU for re-dis-
fcribufcion fco consumers, or for parcels to pile oufc for
sfcock, does fche demand increase fco any extent, and the
general market at fche besfc shows only a moderately
acfcive tone. Many of our refcaU dealers, possibly fche
majority, are in possession of only a moderafce ac-
eumulafcion, and indeed some are reaUy scanfcUy sup¬
plied, yefc fchere is an indifference aboufc maldng good
deficiencies which indicafces an absence of alarm re¬
garding fche immediafce future, and an evidenfc in-
fcention fco buy nofching beyond posifcively shown
necessifcies. The interior markefcs give token of a
somewhat reviving trade, and from many secfcions
fche reports are quite hopeful, based on a beUef that
the bountiful harvests wiU pufc funds infco the hands of
' the agricultural population to a sufficient extent to