Real Estate Record
AND BUILDERS' GUIDE.
Vol. XXIV.
NEW YORK, SATURDAY, JULY 12, 1879.
i^o. oDl.
Published Weekly by
TERMS.
ONK Y£AJl. in advance....SlO.OO.
(Coinmunications should be addressed to
C. W. SWEET,
Nos. 345 AMD 347 Broadway
MARKET REVIE^W.
REAL ESTATE MARKET.
The only noticeable^ sale of the week at the Ex¬
change Salesroom was the partition sale of improved
and unimproved property belongint; to the Beekman
estate, the attendance was large, but the bidding was
not spirited, and, after several parcels bad been sold
to parties in interest, tbe sale of the remainder was
adjourned for two weeks. In the way of private sales,
the following are reported: Park avenue, westerly
front of block, between Eiebty-eighth and Eighty-
ninth streets (200x230). for $99,000 ; house with lot
(34x80). on the southeast corner of Lexington avenue
and Thirty-ninth street, for $19,000. to Dr. Dunn;
(our-Btory brick dwelling with lot. (25x85.7). on the
northeast corner of Park avenue anil Thirty-fourth
street, for $19,500, to Dr. Keys; four-story brick
dwelling with lot (S.'ixlOO.S), No. 141 Thompson street,
for $21,300. and the four-story stone .front dwelling
with lot (25x100). No. IT East Forty seventh street, for
$42,500, to Mrs. Kate de Forest.
Twenty.two plans, embracing forty-nine buildings,
have been filed during the week. The estimated cost
<>J said buildings is $457,250.
The item in The Rzcord of last week, in relation to
(the connection of the New York Loan and Improve-
iment Co., with the purchase of the charter tor the
•conHtruction of the tunnel under the Hudson River
gave active employment this week to a number of
reporters on the dally papers, who have interviewed
all of the oflicials of that company that they could find,
but the columns of matter written about it have con¬
tained nothing new; of course, tbe oiUclals denied all
knowledge of it, so they did the reports oi the consoli¬
dation of the elevated companies, a-nd more recently
the reports about the reduction of the fare from ten
cents to five cents. It is the business of the officers
of this company to keep property-owners in' ignor¬
ance of their plans, but it is the business of The
Record to give this information when it is received
from authentic sources.
Tho following are tbe sales at tbe ISzchange Sales¬
room for the week ending July 11:
*Indicalef that the property described has been bid
in for plainiijT.^ account:
•Bond st (No. 6), n s, 201.3 e Broadway, 25.3x
lUO, to Mutual Life Ins. Co. (Amount due,
about $2-2,000)............................ 11,000
*Bond st (No. 31), s s, 25x119.11x25.6x124, to
Mutual Life Ins. Co. (Amount due, about
$18.000).............................. 11,000
Elizabeth st (Nos. 190 and 192), e s. 121 s Prince
St. two twostory brick buildings, part of
soap and candle factory, 50.11x97.1. to
James Buchan (defendant). (Amount due,
about $16,200)........................... 20,000
Market st (No. 52). e s. near Monroe st. 25x
87.4, to Henry Smith. (Partition sale). ... 4.000
Rutgers st (No. 25). e s. near Madison st, three-
story brick dwell'g with stable in rear, 26
X 101.6. to P. H. Manley. (Partition sale).. 15,000
5th St. 8 w s, part of lot No. 42. on map of tbe
village of Morrisania, 41x92. to Cbas. Levy.
(Amount due, abt $:V'<'-^)................. 3,550
* Wth st, s B. 283 e7th av, 35.7x93.9, to Nicholas
F. Palmer et al. (exrs.) (Amount due, abt
$7,300) .................................... 8,000
*:«)th st, 8 8,190 e 7th av, 23x85.6, to Edward
Wood et aI. (exrs.) (Amount due, about
^6,100;......,..,.,...,..,...,.,,...... ,....„., 6,900
•30th st, s p. 34.4 e 7th av. 18.4x40. irreg., to
Francis G. Rogers (exr.)................... 4,000
*30th st(No. 150), ss. 52.4 e7th av. 2.3x53.4. four-
story framestore and dwell'g. to Francis
G. Rogers (exr.)........................ 3,700
*30th St. s s. 75.4 e 7th av. 23x98.9, vacant, to
Francis O. Rogers (exr.) .............. 5,C00
♦SOth st (No. vm, n 8. .351 e 7th av, 21x98.9, to
Francis G. Rogers (exr)................... 5,000
42d st (No. 3-«). n s. 3.50 e 2d av. 16.8x100.5,
three-story stone front dwell'g. to James
Kelly. (Amount due. abt $6,500) ......... 0,950
•46th St. 8 s. 80 w Bth av. 20x100. to Equitable
Life Assur. Soc. (.Amount due, about
iU,'iQQ).................................. 12.000
•59th St. s s. 250 e 2d av. 25x100.4, to Emigrant
Industrial Savings Bank. (Amount due,
about$3.550) ............................. 2,500
♦66th st, s 8. 175 e 1st av. 'i5xl00.5. vacant, to
The Emigrant Ind, Sav. Bank. (Amount
due, abt$l,300.)............................ 1.600
♦75th st, 8 s. 215.6 e 1st av, 18.9xl0-2.-2. to Tris¬
tram B. Mackay. (Amount due, about
$-J,700) .................................... 3.300
87th St. n 8, 100 e Av A, 215x100.8x2-^0x100,8.
with water front, to J. M, Littell. (Public
auction sale)........................... 35,500
121st st, s 8. 207,6 e 3d av. 67.7x100.10; No. Hi,
four-story frame store and dwell'g; No. 221
and *.'2H. two four-story frame dwell'gs. to
R. M. Strebeigh. (.A.mount due, abt »3.450.) 13.000
130th St. n 8. 100.1 e Broadway, runs north 120
X southeast 74.7 x southwest 91.6 to 130th
St. X west, 18.10. to Harriet E, Nichols
(mortgagee), (Amount due. about $ii.250), 2,500
*Av C. w 8. 2:j n 13th st, 2-2.10x65, to Anna Ot-
tendorfer................................ 5,700
Fordam av, w s, 100 s Sth st. 50x180. irreg, to
Chas Levy, (.\mount due. abt $t..550.)... 2,450
♦Lexington av, e s. 40..'» s 47th st, 20x85, to
Union Dime Savings Inst, (Amount due,
about $16,:J50)........................ 13,480
♦Madison av, w s, 27.2 n 75th st, 75x95. to Mary
A. Davis. (Amount due, about $57,650)... 69,000
4th or Park av (No. 61). w s. 22.1 s 38th st, 17i
80, four-story stone front dweU'g. to Geo,
n. Stone, (Aniount due. about $21,250.).. 35,000
•10th av, e s. 71 s I>awrence st, 81x47x74 8x85.8,
to Mary H. Sayre........................ 5.000
*10th av. s e cor 1.58th .st. 100x150. to Mutual
Life Ins. Co. (Amout due, about $18,000). 12,000
.♦nth av (No. 842). e s, 50,5 n 57th st. 25x50.
five-story brick store and tenem't, to
Aimee T. La Farge. (Amount due, about
t6,100,).................................... 3,900
♦Ilth av (No, .S-10). e s, 25.5 n 57th st, 25x50.
five story brick store and tenem't. to
Aimee T. La Farge. (Amount due, about
$0.400.).................................... 6,450
................... .......$327,480
Total.
BROOKLYN. N. Y.
In the city of Brooklyn, Messrs. T. A. Kerrigan
and J. Cole have made the following sales for the
week ending July 9 :
Bergen st. n s, 345.6 e Grand av, 29.6x110, to
G.H.Davenport.,...................... $500
Boliverst, ss. 125 w Canton st, 25xl25x25,lx
119,11. to L, J, Burtis..................... 1,200
♦Hancock st, n s, 2-33 e Patchen av, to Henry
M, Adams..........................._....... 2,000
•Warren st, n e cor Carlton av, 22x95. to Mu¬
tual Life Ins. Co............................ 5,000
♦South 2d St. ss, 179.10 e 1st st, 36x75, to Jesse
F.-Sammis................................. 2,500
South 5th st, s e cor 6th st. 20.vS0, to Meta Jo-
hanns..................................... 1,500
•nth St. s s, 147.3 w 6th av. 19.5x100, to Ann E.
VanNuyse................................. 1,000
•Bushwick av, e s, 40.2 s Prospect st, 40,2x79,1,
to Marietta Brush (guard., &c,)............ 2,0C0
♦Flushing av, ss, 75 w Cumberland st, 25x89,2
(«), to Henry P. Freeman.................. 3,000
Tompkins av, s w cor Putnam av. 40x95, to
Blarlln J. Dowhng. (Morts. $900)....... 2,900
♦Tompkins av. w s, 40 s Putnam av, 20x95, to
Samuel Hanna. (Morts, $^0)............ 1,300
Total...................................$-23,200
----------------4*»----------------
BUILDING MATERIAL MARKET.
BRICKS.—The influence of the holiday was still to
be observed during the early portion of the current
week, the arrivals proving very limited, and cargoes
at times difficult to secure. About Wednesday sup¬
plies commenced to come forward again with con¬
siderable freedom, but as the wants of consumers
had in the meantime accummul^tei}, the den^iand
proved very tpilck. and full prices were obtained
without diRlculi.v. In some cases buyers were anx¬
ious enough to pay a little premium on desirable car¬
goes of both Up-Rivers and Bays; but this was not
general enough to establish a positive advance. The
market, taken altogether, retains a good healthy
tone, and we find the trade in a cheerful mood. For
Pales there is not a very heavy demand, but still tho
supply appears to fairly exhaust itself in meeting the
calls made, and full former rates ace secured, espe¬
cially so on fine parcels. Tbe better styles of Fronts
from the Hudson River yards are still sold ahead of
production, and at former prices, and there is a good
average for the higher grades of Front brick. We
quote Pale, ^ M $-2.5l'®2.75; Hards. JerseysS>.50(S5.00:
Up-Rlvers, $5.00(^5.25; Haverstraw bay. $3.37}^g;.5.75;
favorite brands. SO.CO; Fronts, Croton- Brown. $7.50
®9.00: dark. $S.0o@9.00; red, $9.(X»@S9.1-2}6; Phila¬
delphia, $-26@-28; Trenton, $-21®-29; Baltimore. S31®:)8,
Yard prices, delivery included, $2.0^i@3,00 higher on
ordinnary and $5,00®0.t)0 on fronts,
LIME.—There is nothing new reported on this mar¬
ket. Supplies offering have been moderate, and
there is little likelihood of any early increa.se; but as
the stock of the principal dealers do not as yet com¬
mence to exhaust, the demand is not stimulating.
When a change does come, it will in all probability
be to a higher range.
LATH.—The market has shown considerable irreg¬
ularity of late with the range, however, a trifle higher
than recently quoted. A considerable supply of stock
came to hand and met a good demand for a time
through which sellers marked the rate up to $1.45 per
M., and at this we have reported to us a number of
good sized sales, but very sharply after, and. indeed,
upon the same day, from other sources, we learn of
transactions, both on the spot and to arrive, at $1 40.
and sellers still willing to listen to bids at the same
rate. Size of invoice, place and facilities for delivery
and "terms," ail tend to make some difference in
value, and it also takes a smoller quantity to '• fill up"
the orders this season than usual. The consumption
is good enough and likely to continue, but buyers
are seldom inclined to anticipate their wants, and
somehow the market does not appear to respond to
** bulling."
HARDWARE.—The calls made upon the stock are
now of a desultory character, and cover merely such
parcels as may be required for some unexpected
shrinkage of accumulation in the hands of jobbers.
It is. however, the " dull season " in the whole.<!aIe
trade and causes no comment, while many dealers
are improving the opportunity to straighten out
stocks, ond a few are looking over price lists to see if
changes be ndvi.sable. In a few cases slight varia¬
tions have been made, but the general tendency is
bold, matters about steady on leaaing lines of goods.
The Nicholson and Keystone File Co.'s, in a circular
to the trade, state that they will make no change in
the price of files durmg the season, the discouut to
remain 35 per cent. The former company have is¬
sued the following reduced net price list for tools and
specialties: Butchers' steels, regular, 10 inch $5, and
12-inch $6.50 per dozen; do. patent. 10-tnch $6. and
12-inch $7.50 per dozen; Fife cards, $2 per dozen;
file brushes. $:l.50 per dozen; bent riflflers. $2 per
box of six; vise file holders. No. i $1, No. 2 $1."25. and
No. 3 $1.50 each; surface file holders. No. 4 75 cents,
and No. 5 $1 each; stub files and holder, $4 per kit;
extraflles, 25 cents each; and machinists' scrapers,'
kit No. 1, $1.75 per kit. At a recent meeting of manu¬
facturers of copper rivets and burs it was agreed
that on the 1st day of January. 1880, parties whohave
purchased five hundred pounds, or over, of rivets and
burs, of one manufacturer, in the previous six
months, may by that manufacturer be allowed a re¬
bate of 5 per cent., provided such parties have not
sold at a less price than 50 per cent, discount from
List No. 9.
LUMBER,—Generally the market remains in pretty
good shape, and we hear few serious complaints.
Indeed, if anything, the tendency is to run to tbe
other extreme, and some of our dealers entertain
quite buoyant expectations. Having reached an ap¬
parent turning point they look for immediate Uberal
recoveries, and the effort Is to stimulate matters into
speculative form. Luckily, however, there Is a ccn-
seivative and neutralizing element which holds the
market to the safe and legitimate influence of actual
demand and supply, and while with this the gain on
value must prove slower, it will ha^ better and moire
permanent pupport. The basis of confidence is read¬
ily to be found in the small accumulations in distrib¬
utors hands and comparatively limited announts
due on contract, cOupled with a more open expres-
sjop of interest among buyers. The reports since the