Real  Estate  Record





AND BUILDERS' GUIDE.





Vol. XX.





NEW YOKK, SATURDAY, JULY 7, 1877.





No. 486





Piiblished Weekly by

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

C. -W.  STITEET,
Nos, 345 AND 347 Broadway





MAEKET   REVIEW.





REAL ESTATE MARKET.

The market presents few features for remark. It
being customary to avoid selecting a day during a
holiday week for the ofEering of property, by auction,
the sales were limited and unimportant. For the
coming week, however, the advertised list of sales, as
appeal's elsewhere, will be unusually heavy. Such
property as would probaWy have been offered for
sale during the present week, had no holiday inter¬
vened, has been placed on the Ust for next week,
thereby increasing the ofiferings to an unusual
number.

At private contract, Messrs. Lamson & Son report
the sale of property on the east side of the Boulevard,
extending from One Hundred and Forty-third to One
Hundred and Forty-fourth street, comprising four¬
teen full lots, for $20,000 cash.

In the mortgage loan market, the interest in refer¬
ence to six per cent, loans still increases. Since our
last issue, the Mutual Life Insurance Company have
officially announced that they are now prepared to
loau money at six per cent, on bond and mortgage on
approved productive real property, upon the basis of
present relative values of cash and property, and in
our column of mortgages will be found the first re¬
corded loan made by the company at that rate. It is
also reported that the reduction from seven to six
per cent, will apply to past loans made by the com¬
pany, provided the security held by the company has
not so far depreciatsd as to become seriously
impaired.

The Commissioners of Taxes [and Assessments on
the 2d day of July transmitted to the Board of Super¬
visors the assessment rolls of the real and personal
estate of the City of New York for the year 1877, as
revised and corrected by that Department, and also
inclosed a tabular statement exhibiting the aggregate
valuation of real estate in the several wards, together
with a similar statement as to personal property.
The total valuation of such real estate assessed for
the year 1877 is $895,063,933, ah increase of $2,776,918
over the assessments of 1876. The valuation of the
personal estate is $206,038,160; making the total of
real and personal estate for 1877 $1,101,093,093. The
total increase of real and personal estate over that of
1876 is $4,441,381.

The Comptroller transmits to the Board his certifi¬
cate of the aggregate amount of the final estimate
made by the Board of Estimate and Apportionment
for the year 1977, to wit., $28,484,269.

In the Bxiilding Department, matters are extremely
dull and uninteresting. A large proportion of the
plans filed during the week were for the construction
of tenement houses. On Fifty-eighth street, between
■ Fifth and Sixth avenues, two four-stoiy brown stone
front dwellings will be erected at a cost of $35,000
each. The total estimated cost of new buildings for
' the week ending July 5th is $201,050.

The subjoined table shows the number of deeds and
mortgages filed for record with the Register of the





City and Coimty of New York, during the six days
ending July 4,1877, and the amounts involved:

Amount.

113 Deeds, inaU..............................    $971,118

32 Nominal deeds..........................        nom.

27 Referee's deeds..........................      150,441

20 Deeds, in 23d and 24th wards...........        32,078

MORTaAGES.

139 Mortgages, m aU........................      919,364

25 Mortgages, at 6 per cent................       220,000

2§ Purchase JMoney mortgages............       174,535

20 Mortgages to Trust and Insiu-ance Co.'s      216,100
The following are the sales at the Exchange Sales¬
room for the week ending July 5:

Eldridge st. No. 60, e s. 20 n Hester st, 1 three-
story brick house, 19.4x50.8, to Patrick
Skelly..................................     5,650

Suffolk st. No. 18, e s, 150 n Hester st, 1 four-
story brick tenement house, 25x100, to
AugustL. Nosser...........................    14,327

Sth st, n s, 275 e 1st av, 1 f our«story brick build¬
ing, with lease of lot, 25x97; leased, Sept.
22, 1862; term, 20 years; ground rent, $300
per annum, to George Steinbrecher (plain-
tifO{%part)................................     3,000

16th st, n s, 225.1 w 9th av, 1 three-story brick

building, 25.1x92," to Ellen E. Ward (plain'f)     4,000

18th st, s s, 102.2 e Broadway, brick carriage
factory and stables, 73.6x93x76.6x71.6, to
Greenwich Savings Bank (plaintiff).......    64,000

47th st. No. 433 West, n s, 412.6 e 10th av, 1
three-story and basement brown stone
front house, 18.9x100.5, to W. H. Jordan.., * 10,000

62d st, No. 101 East, n e cor 4th av, 1 three-
story and basement and Mansard roof
brown stone front house, 20x60x20x61, to
Stephen Lovejoy..........................    15,000

Slst st, s s, 100 w 4th av, 1 four-story and base¬
ment brown stone front house, 20x102.2, to
Manhattan Life Ins. Co. (plaintiff).........    14,000

87th st, s s, 170 w Av. A, 1 three-story and base¬
ment brown stone front house, 20x100.5, to
Germania Life Ins. Co. (plaintiff)..........     7,400

126th st, n s, 160 e 6th av, 125x99.11, to Harmon

Hoover (plaintiff).........................    13,000

Lexington av, w s, 33.6 s 43d st, 1 four-story
and basement Mansard roof brown stone
front house, 16.9x75, to Charles T. Crom¬
well.......................................     10,100

1st av, n e cor 35th st. 151.3x321.4x153x322.6, to

Charles W. Dmaht (plaintiff).............    62,500

3d av, e s, 50.2 n 47th st, 2 four-story brick 1
stores and dwellings, 50.2x100............)

47th st, n s, 100 e 2d av, 1 three-story brick {"

brewery, 25x200.10 to 48th st..........f. J

to WilUam H. Akm (plaintiff)..............    32.225

6th av, n e cor 118th st, 25.2x85, to T. M. Chees-

man (plaintiff)...............................     5,000

llth av, n e cor 21st st. 98.8x200 (lease), to Wm.

C. Herring..................................    10,000

12th av, w s, extending from 77th to 78th st,
204.4x100, to Washington Tobias (Trustee
andplamtiff)..............................     1,500

Bolton road, lot 517 on map of 80 acres, part of
the estate of Isaac Dyckman, known as
part 3 of the Dyckman homestead proper¬
ty, 77.1x268.11x80x250.1, to Henry V. Allien
(plamtiff)..................................     1,100

Highway leading from Yonkers to Williams-
bridge, known as Gun Hill road, adj lands
of John Dickinson, containing 105 acres, to
August Van Cortlandt, Jr..................    SO.iKM)

Lot 32 on map of lands in partition, belonging
to the heirs of Rebekah Bassford, Ford-
ham, 250x751, to Wm. Montross (defendant)     3,200

Total........................................$326,002

<i» >------------------

BROOKLYN, N, Y.

In the City of Brooklyn, Mesisrs. I, F. Bissell
and Cole & Murphy have made the following sales for
the week ending July 4:

Bainbridge st, s s. 400 w Patchen av, 50x38, to

Jacob S. HaUett (plaintiff)..................     $250

Baltic st, s s, 200 e Bond st, 25x100, to Ann and

John Cowan (plaintiffs)....................        500

Fulton st, s s. 80.9 e Rochester av, 19.3x80, to

JohnM. Crane (plaintiff)...............•....     2,000

Witherspoon st, ss, 150 w Tompkins av, 50x

100, to Hannah O'Hara (plaintiff)..........     4,750

Central av, n w cor Magnolia st, 93x100, to Sal¬
omon Rich (plaintiff).   (Morts. $600).......        800

Hudson av, w s, 92.8 s De Kalb av,.19x95x19x
100, to John H. Weeks (trustee and plain¬
tiff)..................................... ...     8,500





Hudson av, e s, 125 n Prospect st, 25x100, to

John Couenhoven (plaintiff)...............   $2,000

Hudson av, e s, 150 n York .st, 48x85, to F. J,

„   Rail.......................................     2,500

Kent av, westerly cor Clymer st, 56.2x69.9x

56.2x185.3, to J. G. L. Boettaher............        190

Lexington av, s w cor Tompkins av, runs west
125 thence south 46.9 thence east 5 thence
south 55.3 thence east 20 thence north 56.9
thence east to a point 24.9 south from
place of beginning, thence north 29.4 to
place of beginning, to William Quavle
(plaintiff)..:.............................'...          50

Snedeker av, w s, 230 n Libertv av, 20x100, to
Wm. Dunham and Edward Waldron (trus¬
tees and plaintiffs).........................     2,000

5th av, e s, 93.9 s 12th st, 18.9x97.10, to John
B. and WUliam M, Willes (trustees and
plainiffs)...................-'................     3,500

Total.......................................   $21,040

----------------<-♦-»----------------

BUILDING MATERIAL MARKET.
BRICKS—No very decided changes have taken place
on the general market since our last report. The
demand has shown more or less caution, and buyers
have seldom called for cargoes until an immediate
resale, or a deUvery for consumption was well assur¬
ed, while of course, the holiday has tended to still
further reduce the volume of business. The feeling,
however, is firmei*, and sellers at the close are in a
more confident mood with nothing available as low as
last week by at least 25c. per M. The accumulation
afloat seems to keep within narrower bounds, and is
niore easily handled, while from the current indica¬
tions, receivers entertain hopes of a more liberal de¬
mand during the present month, especially for good
lots of hards. Pales remain in somewhat scant sup¬
ply, and about steady. Croton Fronts are selling
close to supply, and at full former rates. The finer
grades of Fronts not very active, but meeting with a lit¬
tle more calU We quote: Pale, per M. $2.50@3; Hards,
Up-Rivers, $3.75@4.25 ; Haverstraw bay, $4.50@5.25 ;
Favorite brands, $5.50@6 ; Fronts, Croton—brown,
P; dark, .$9; red, $10; Philadelphia. $23@27; Balti¬
more, $34@38. Yard prices, delivery included, $2®3
higher on ordinary and $5@6 on fronts.

CEMENT.—The market for domestic is much the
same. Nearly all agents are selling stock on shipping
orders, and occasionally" find it a little difBcuIt to sat¬
isfy customers as quickly as required, but there is no
actual scarcity. For local use the calls are slow and
indifferent stiU, and seldom exceed the known wants
of buyers. On prices $1.20 is the rate for buyers who
insist upon having their favorite brands, but sales are
making at $1.10 in considerable numbers. Foreign, in
very good demand and steady, but not much inclined
to buoyancy, as importers are a little close on com¬
petition, and prefer keeping stocks moving on any
fair mai^in.

GLASS.—The demand for foreign has not improved,
and generally the market is reported as in a dull,
nominal condition, with holders of stock dissatisfied.
As a rule the disposition is to name easy terms, even
on the most desirable styles, but this fails to attract
buyers beyond parcels required tor early positive
wants, and the accumulations fall away slowly.
American glass has some demand, but the movement
is by no means free or general, and the market shows
few encouraging features.

HARDWARE.—Mail orders have increased some¬
what from various quarters, and a few straggling
buyers appeared on the market, but busmess is as yet
only in hopeful form. Dealers, however, incline to
the belief that, in view of the long period of inactivity
passed, the coming purchases \s'ill foot up a more en¬
couraging aggregate. The price lists are undergoing
revision to a considerable extent. Some of the lead¬
ing lines of tools have recently been reduced, but the
particulars are not as yet made public. Flathead
&on, wood screws, are now quoted at 60 and 10 and 5
per cent, discount and 65 and S^ per cent, discount
according to the company. Cabinet locks are offered
at 25 per cent, discount, and settlements within 80
days are allowed 2}^ per cent, additional.

LATH—As a rule receivers have not of late been
talking in a very hopeful mood, and the market
rather lacked tone. So far as arrivals were concerned
the amount was not particularly heavy, but the off¬
setting outlet entirely out of proportion, and this
naturally had a weakening influence. Especially was
the loss of demand from points along the river, etc.