Real  Estate   Record





AND BUILDERS' GUIDE.





YoL. XX.





NEW YORK, SATURDAY, SEPTEMBER 8, 1877/





No.. 495.





Published Weekly by

%\^t %mi Estate %uaxti ^sso.cmiiotx.

TERMS.
ONE YEAR, in advance.. ..$10.00.
Communications should be addressed fco

C.  W.   SWEET,
Nos. 345 AND 347 Broadway.

mai?.k:et k,eview^.

REAL ESTATE MARKET.

Bufc few sales were effecfced afc fche Exchange dur¬
ing fche week, and fchere is lifcfcle fco say concerning fche
markefc, which presents no new features. Prepai-a-
tions are being made for the fall campaign, and we
hope fco soon record fche facfc fchafc fche long period of
dullness and inactivifcy characfcerizing fche markefc
during the summer months has reached an end. The
most importanfc sale under foreclosure during fche
week was the " Orleans Flat," comprising three six-
story stores and dwellings, on Eighfch avenue near
Fifty-seventh street, which was bought by fche plainfcUf
n fche action for $99,200. The four-story and basemenfc
brown sfcone house, wifch lofc, known as No. 117 Ea-sfc
Sixty-ninfch sfcreefc, was bid in by fche New York Life
Insurance Company (plaintiff) for $17,000.

The recorded fcransacfcions for the week have been
unusually lighfc, if ive fcake infco consideration fche facfc
fchat afc or aboufc the first of the month it is always ex¬
pected fchafc fche number of deeds filed for record will
how a large increase. We n ^fce among the transfers the
conveyance of ten four-sfcory brown sfcone fronfc dweU¬
ings, wifch lofcs, on fche soufchwesfc corner of Seventh
avenue and Fiffcy-fchird sfcreefc, in considerafcion of fche
sum of $125,000. Afc privafce bargain Messrs. Lamson &
Son reporfc fchat the four-sfcory browu stone dweUing,
wifch lofc, 20x56x100, known as No. 108 Easfc Thirfcy-
eighfch sfcreefc, has been sold by fchem for S18,000 cash.

For fche week, ending Sepfcember 6, only eighfc plans
for fche consfcrucfcion of buildings were filed with fche Su¬
perintendent of the Deparfcment,afc an esfcimafced cosfc of
S 18,600. Afc JSo. 38 Wesfc Fourfceenfch sfcreefc, befcween
Fifth and Sixth avenues, fche owner purposes erecfcing
a flve-story sfcore, at a cosfc of $9,000.

The subjoined fcable shows fche number of deeds and
mortgages Sled for record with fche Regisfcer of fche
Cifcy and Counfcy of New York, during fche six days
ending September 6,1877, aud the amounts involved :

Amount.

96 Deeds, m aU...............................$1,251,630

18 Nominal deeds...........................          nom

16  Referee' deeds............................       326,835

11 Deeds, in 23d and 24th wards............         10,955

MORTGAGES.

83 Mortgages...............................       802,304

2-3 Mortgages, afc 6 per cent.................       296,570

17  Morfcgages to Trust and Insurance Co.'s.       139,000

The foUowing are fche sales afc fche Exchange Sales¬
room for the week ending Sept. 6:

Broadway or Kingsbridge road, e s, 180.1 n
Sherman av, 50x183.8x53.3x203, fco Sarah L.
Smifch (plainfciff)............................   $3,000

University pi, Nos. 68 and 70, w s, 125 n 12th sfc,
1 four-story brick factory, 39.9x51.3x43.6x
51.3. All righfc, title and interest of John
H. Muiler fco Christian MoUer (plaintiff)___      5,000

Wafcts st, Nos 50 and 53, n s, 114.4 e Hudson st,
1 two-story brick facfcory, 43x80, fco WiUiam
R. Tice (plaintiff)............................    15,000

22d sfc, No. 117, n s, 191.8 w 6fch av, 1 three-sfcory

brick dweUing, 16.8x98.9, to Amos Cotfcing.      8,727

4l3fc st. No. 7, ns, 144 e Sthav, 1 four-sfcory stone
frontdweUing, 32x98.9, too. Amory Stev¬
ens (exr. and plaintiff).;...................    SS.OOO





49th st. No. 343, s s, 150 w Isfc av, 1 fire-story
stone front store and tenement, 25x100.5,
to R. Guggenheimer (plaintiff's atfc'y)......    10,520

SSfch sfc, n s, 3.56 e 2d ar, 94x100.5, to James Mc¬
Govern .....................................    16,000

41sfc st, No. 533 Wesfc, n s, 315 e llfch av, 1 fcwo-
storv brick and one-sfcoi-y frame buildings,
2ox!'00, to W. C. Lest.er.....................      1.900

69th st. No. 117 East, n s. 185 e 4th av, 1 four-
sfcory sfcone fronfc dwelling,20x100.5, fco New
York Life Ins. Co. (plaintiff)..„..^..........    17,000

Morse av, lot 1 on map of land adj. Morrisa- j
nia, 13-2.4x100x75x143.3...................[

Oak av, lofc 2 on same map...................)

fco E. P. Brown (plaintiff)...................     1.000

Isfc av. No. 228S, e s, 56.9 s 118th sfc. 1 four-st ory
brick dweUing and sfcore, 18.10x75, to New
York Life Ins. Co. (plaintiff)..............     6,000

8fch av, w s, 25.5 n 57th st, 3 six-story sfcone front
flats and stores (Orleans Flat), 75x100, to
Charles E. Appleby (plainfcUf)..............   99.3

Tofcal...................................1210,347





BROOKLYN, N. Y.

In the  City   of  Brooklyn, Mr. I.   F.   BisseU  has
made fche following sales for the week ending Sepfc. 5:

Bufcler st, n s, 200 w Franklin av, 100x131, to

fche Booklyn Life Ins. Co. (plainfciff)........   $3,000

Heyward sfc, n s. 176 e Lee av. 19.0x100, fco the

Amity Ins. Co. (plaintiff)...................     4,000

Madison st, s s, 250 w Howard av, 50x100, to B.

M. Farnham...............................          25

Morfcon st, s e cor Kent av, 35x66.3x93.5. fco Ste¬
phen and Catharine H. Taber (exrs. and
plauitiffs)...................................      5,000

Sands st, n s, 60 w Hudson a''. 9.-2x20x10.10x100,

fco Charles Smith (plaintiff)..............      3,000

16th sfc, s w s, 109.10 n w 10th av, 16x100, to

Exrs. of S. W. Thurslow....................     2,000

17th st, s s, 375 e 6th av, 37.6x100.2. to Daniel B.

Miller fplainfcitl)............................     2,000

18th st, n s, 440 e lOfch av, 20x100.2, fco Jenny

Messe (plaintiff)...........................      1,200

Myrtle av. n w cor Prince st, 24.3x100, to P. P.

O'Brien.....................................    12,125

7th av. e s, extdg. from 13th to 14fch sfc, 200x

147.10, to Anna T. E. Kirtland (plaintiff)...     4,000

Total........................................ $35,350

-----------< «>.

BUILDING MATERIAL MARKET.
BRICKS.—-On common hards fche markefc has been
somewhafc disappointing in many respects and the
selling interest has scarcely gained the advantage
hoped for. Business on fche whole was very good,
rafcher beyond expecfcafcions, insomuch as fche offering
kepfc closely sold up, bufc prices did nofc gain sfcrengfch,
indeed if anything losfc tone, and fche average sales
have been at figures lower than our lasfc. This ap¬
pears to be due mainly to fche pressure of suppUes
from firsfc hands and a defcermination fco realize among
manufacfcurers and their agents, and this jusfc afc a
time when they had been predicting shorfc sfcock and
a sfcand off for an advance. Exacfcly why such a plan
was not carried out appears something of a puzzle
too, in view of fche vaunfced sfcrengfch and power of the
combination. EspeciaUy, as a week or ten days ago
the accumulations afioat and on pier had disappeared
and a shut off on arrivals f ollo\\'lng, this could scarce¬
ly have faUed to form basis for an advance. From
whafc we can learn, however, there is reason fco be¬
lieve thafc " trouble in the camp " of the combination
hasprevenfced a unanimous acfcion, and while many
producers would, no doubt, have quit work and ceased
shipmenfcs, others have confcinued fco turn oufc stock
and ship freely, out of which has grown first a gene¬
ral sort of competition, and finally, a pressure from
some quarter, through which it was hoped to bring
rates so low as fco absolufcely force a sfcoppage of pro¬
duction. This lafcfcer plan has succeeded to the extenfc
of bringing many makers to half fcime, and others fco
announcing that they wUl cease shipments, fiU up and
quit for the season. It comes a little late, however,
audit is doubtful if sellers can gain suflicient advan¬
tage to offset fche low figures of late ruling. That
bricks were cheap has been too plain fco be overlook¬
ed by dealers, and they have in many cases improved
fche opportunity to pile away cargoes pretty freely,
some we understand now controlling a liberal accu¬
mulation, and are fchus in a measure in an independ¬
ent position. Future f aU demand will in consequence
depend somewhat upon the imiriediate consumption
from weiek to week, out if this keeps up to present
fair pronUses, and the offerings fall off as might now





be expected wifchoufc fche aid of a combination, it is
reasonable to hope for some recovery over present
values. Pala brick have nofc been plenty, but were
seldom called for and sold low. Fronts dull. Dealers
complain thac consumers are fcoo economical to
handle really fine grades, such as Baltimore, &c., but
prefer sacrificing beauty and flnish, if nofc durability
for fche difference of a few doUaTS per M.

We quote: Pale, per M. .$2.00@2.50; Hards, Up-Rivei-s,
$3.50@4.00 ; Haverstraw bay, $4.00@4.75 ; Favorite
brands, $5@5.50 ; Fro-nfcs, Crofcon—brown, $8; dark,
$9; red, $10; Philadelphia, $2-3@27; Balfcimore, «34@i
.38. Yard prices, deUvery included, $2@3 higher on
ordinary and $5@0 on fronfcs.

GLASS.—Trade generaUy has a somewhat uncer¬
tain fcone, bufc rafcher tends to improvemenfc. Some
dealers commence fco find sfcocks receiving greater at¬
tention, enquiries from the country are more frequent
and various symptoms all go to show, ifc ts thought,
that an increase in fche distribution may be caleulafced
upon. Sthl previous disappointments have not been
withoufc a lesson, and feelings are seldom aUowed to
assume a too sanguine form. The stocks are fuU in
quantity and well assorted, ifc is said, and buyers who
do conclude fco fcake hokl, wUl experience no difftcuKy
m making selecfcions. The domestic product is ni
very good favor and no desirable sizes and styles are
allowed to accumulate, the make being fairly adjust¬
ed fco fche oufclefc. On prices there is generally greater
firmness with an addition to power among sellers by the
formation of a combination*, the importers of French
window having come fco an agreemenfc to fchis eft'eefc.
They have also decided upon a discount of 60 and 5
per cent, for single thick, and 60 and 10 per cenfc. for
double thick. It is expected thafc domestic manufac¬
turers will take similar action afc an early dafce. Afc
presenfc values on the honie producfc are quite uncer¬
tain.

HARDWARE.—The demand is now pretty fair and
general, and dealers are batter pleased with the
position. As the number of buyers is greater the
hand-fco-mouth policy with which the majority make
up their invoices, is not so much complained of in
view of the comparatively full aggregate of business
reached when all cusfcomers accounfcs are foot«d to¬
gether, and fche reduced risk on individual charges.
The selecfcions still show a smaU proportion of any,
but the most useful ai-ticles and standard goods.
On Butts, Locks, etc., prices continue too irregular
for a quotation. The following list was recenfcly
issued on Slaters" Tools, and is subject to a discount of
20per cenfc.-. Slaters' hammer, $3.75 each; Slaters'
knife, $3; Slaters' Ripper, $1.75; Slaters' dressing
stake, $1; Slaters' Roofing Stake, 50c., and Slaters'
SpUfcfcing Chisel, $1.50. Assorted sizes, 12i^ fco 14J4
■ inches long by 2% fco 3 inche.s wide.

LATH.—There has again been an unsefcfcled marke
alfchough fche flucfcafcions of price were nofc very exten¬
sive, and generaUy. covered fche nafcural differences
growing out of quantity, deUvery and credit. About
$1.40@$1.45 may be named as covering fche rafces cur¬
renfc during the period under re-idew, with probably
fche buUc of fche business afc the inside figure, though
late sales of some magnitude were made at fche latter
price. As a rule receivei-s have let their stock go
after making f uU effort for the best bids, bufc there
appears to be a considerable amounfc of dissafcisfaction
with tne price which is considered unusuaUy and un¬
reasonably low for the season, and especially so as
the amounfcs offered have not been what could be con¬
sidered excessive, and the accumiUation in second
hands is thought to be moderafce. Experience, how¬
ever, has shown fche faUacy of incurring expenses by
carrying cargoes afloafc, and the policy of seUing
along steadily was no doubt the best. A goodly por¬
tion of the distribution has been fco city buyers, but
an oufclefc has also been found on orders from Newark
and from two or three leading points on the Hudson.
Most markets dependent upon New York, are under¬
stood fco be shorfc of lath.

LIJIE.—The turn of the markefc is upward, but in a
somewhat irregular manner. Especially are "things
mixed" on Easfcern, and afc the present writing we
have the price reporfced to us afc $1.00 per bbl. aU
around for bofch common and finishing, fche first
named grade showing an advance and fche lafcfcer a
shading. In some instances 90c. on common is named
"nominally," bufc ifc is hardly believed fchafc fchis rafce
wUl be accepted when supplies are actuaUy offered.
The condition of the markefc injlicafces fchat fchere is a
•' colored individual in the fence " again, with some
doubfc as to which side he will come out, the irregular-
condition of affairs being due mainly to competition
among sellers. The natural course' of prices, how¬
ever, would seem to be upward ih view of the season