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Real estate record and builders' guide: v. 18, no. 438: August 5, 1876

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EAL Estate Record AND BUILDERS' GUIDE. Vol. XVIir. NEW TOEE, SATUEDAY, AUGUST 5, 1876. 'No. 438. J ,J^ Published Weekly by THE REAL ESTATE RECORD ASSOCIATION. 0. W. SWEET...............President and Tbeasubeb PRESTON I. SWEET...........Seceetakx. TERMS. OKTE YEAK., in advance___§10 00. Communications should be addressed to C. ^VT. S^WEJET, Nos. 345 AND 347 Bboadway. " MARKET REVIEW. SEAL ESTATE MASKET. The real estate market presented few if any features of interest during the past week. Below will be found a complete resume of sales at the Exchange during the past week. Riverside Park property holders have, picked up re¬ newed courage of late, owing to the attitude of both the workingmen and the Department of Parks, and the scene at Commissioner Martin's oflce the other day, when cap¬ italists, property owners and workingmen agreed upon a united policy how to compel Comptroller Green to aban¬ don his opposition to the long called for improvement, shows that the embryo park has still many friends, who may succeed after all, sooner than was anticipated, in ac¬ complishing what has been so long and so perseveringly demanded by many West-side property holders. One Hundred and Seventh St., s. s., 113 e. ist av., 16 lots, each 25x100.11; Av. A., w. s., extending from 106th to 107th st., 201.10x100; 106th St., n. 8., 100 w. Av. A, 100x100.11 (leasehold), to Alex¬ ander Masterson (leased May 1,1876; ground rent $1,000 per annum)....................... $12,300 One Hundred and Forty-third St., n. s., 375 w. Boulevard, 4 lots, each 25x99.11, to W. T. Horn (Plaintiff).................................... 2,000 Courtland av., s. e. s., 74 n. e. Milton St., 1 two- story Irame house, with lot, 26x100. to Isaac V. French (Plaintiff)............................ 700 One Hundred and Twenty-eighth St., s. s.. 311.3 e. 3d av., 1 three-story and basement brown Btone front house, with lot, 18.9x99.11, to Charles Drinker and C. J. Wilis (Trustees ana Plaintiffs).................................... 4,300 Monroe st. (No. 156), n. s., 1 two-story brick stable, with lot, 23.1x100, to- George H. Daly.. 5,700 Broome st. (No. 24), n. s., 75 w. Mangin st., 1 five-story brick tenement house, with lot, 25x 99.8, to Samuel Abrahams et al. (Exrs.) (Plaintiffs).................................... 16,700 Villa place, s, e. cor. College av., 1 two-story trame house, with plot ol land, 55x50, 23d Ward, to Harriet Overhiser (Plaintiff)........ 3,596 Macdougal st. (No. 48), e. s., 180 n. Prince St., 1 two-atory and basement brick house, with lot, 20x75, to John Drummond................... 6,700 Rivington St., n. s., 50 e. Cannon st., 2 four- story brick tenement houses; also 1 three-story brick tenement house in rear of above, with lease ot plot, to Bernard Amendet al. (tixrs.) (l-aintiffs)...................................... 6,000 Eighty-lourih St., s. s.. 415 w. Sth av., 1 three- story aud basement brown stone front house, with lot, 20x102.2, to William Buhler......... 11,000 Fitteenth st., n. s., 230 e. 7th av., 1 three-story aud basement brick house, with lot, 20x103.3, to Joseph Bates............................... 15,050 Fi£ty-fiftU8t.,8. s.,141.8e. Sth av.. 1 four-story brown stone front house, with lot, 16.8x100.5. toRobertHoe (Plaintiff)...................... 17,009 Sixtieth St., n. s., 75 e. 2d ay., 1 four-story brick tenement house, with lot. 25x100.5, to J. D. Lynch (Plaintiff)............................. 10,000 One Hundred and Forty-eighth St., s. s.. 100 w. . 7th a v.. 2 lots, each 25x100.11. to R. D. Jarvis.. 1,400 One Hundred and Eighty-fourth st., a. s., 150 w. Utii av., plot of land, to James Gibson (Plaintiff)..................................... 3,000 One Hundred and Thirty-third st., s. s., 95 w. 4th av., 1 three-story and basement brown stone front house, with lot, 20x99.11, to New iork Life Insurance Oo. (Plaintifl)............ 8,500 Fifty-sixth St., n. s.. 100 w. 2d av.. extending through to 57th St., 100x200.10x67.6x183.9, fac¬ tory building, with lease of plot of land (leased May 1,1872. term 21 years), to Israel Randolph, 18,000 ihird St., s. s., 499.6 w. Av. D, 1 three-story and basement brick house, with lot, 22.7x106, to Wm. Herlelgfa...,,..............,............ 8,700 Forty-seventh St., s. s.. 41 e. Oth av.,1 three- story and basement brown stone front house, with lot, 19x70. to E. Lord.................... 16,500 Fifty-first st. (No. 627-West), n. s., 1 four-story brick tenement house, with lot, 26x100.5, to Oriental Savings Bank (Plaintiff)............ 5,000 Eleventh av., w. s., extending from 72d to 73d St., 204.4x175, to John Jacob Astor (Plaintiff)...... 56,600 One Hundred and Twentieth st., s. s., 140 w. 4th av., runs s. to centre of block x west 100 x north to 120th st. X east 85 to beginning, to Henry J.Beers (Plaintiff)............................ 8,500 Total for week...............'............ $235,255 BUILDING MATERIAL MARKET. around." Advices from the South and Southwest indicate that supplies will be wanted, and the probabilities strongly favor a better market for standard goods. BuUd ers' and plumbers' hardware will have a proportion ate share of the demand, but on mechanics' tools there is some doubt. It is feared that the poverty of work¬ men throughout tfee country wiU prevent them from purchasing, except as a matter of the most absolute necessity, while in many cases "kits" will be sold for want of use, and thus make a sort of second-hand trade to interfere with new tools. The general stocks and as \ sortments on hand are now in good shape for any ordi¬ nary call. Few changes are reported, but we notice that the blacksmiths' bellows of Newcomb Bros, are quoted at a discount of 25 per cent., instead of 40 per cent, as heretofore, and extrajlo. 10 per cent.; and also that the Old Colony Iron Company have flexed their discount on BRICK.-Some new work has been commenced, and shovels and spades at 25 per cent., inste^^ as formerly. The American Screw Company are now contracts under way are in several cases requiring rather larger amounts of stock, but a number of jobs have also nearly or quite reached cover, and on the whole the in¬ crease of consumption, if any, is small. Buyers too con¬ tinue the old policy of simply taking enough for early wants, and very seldom are supplies piled up much be¬ yond what the workmen wiU require to keep them goirg for a week or so. Manufacturers in the meantioie are using their efforts to keep shipments in this direction down to a small compass, and are to a certain extent successful, though since our last the management was poor somewhere, and quite a Uttle accumulation hung over the market fortseveraldays. This, of course, Kave buyers an advantage, and the turn of prices was eas:er, with a great many sales mane at equal to about 2"5c. shad¬ ing from last week. Holders have offered supplies to the full extent ol the call, but without any great pressure, and some are hopeful that a flrmer tone may soon be infused. It is calculated that most of tbe boats and barges are now at this end of the route, and with reduced facilities for transportation and the absence of necessity for taking extra pains to get stock through, smaller leceipts are calculated upon. About $4.50(^5.25 is the general range for Haverstraws, with some very good lots sold at $4.75@5 per M. ' Up- rivers" worth about $4©4.50 per M. Pale brick con¬ tinue in comparatively smaU supply, with a good fair demand, and prices steady at $2.d0@3 per M. Fronts are generally quoted ''without change," most dealers in the flne grades meeting with a fair business, and obtain¬ ing former rates. We quote: Pale, per M. $2 25@3; Hards, TJp-river, $4@4.50; Haverstraw Bay, $4.50@5.50; Fronts, Croton—brown, $10; dark, $11; red, $12; Phil¬ adelphia, $23@27; Baltimore, $34@38. Yard prices, de¬ livery included. $2@3 higher on ordinary, and $5©6 on fronts. CEMENT.—So far as the local demand is concerned there does not appear to be much change on the mar¬ ket for Rosendale. About the regular buyers make their appearance, order sufficient for temporary neces¬ sities and withdraw, resisting aU efforts to induce thom to increase their orders. The shipping call, however, is very fair, including a somewhat increased movement on Eastern account, and this, with deliveries on contract, keeps a fair amount of stock in motion. The regula¬ tion rates remain at $1.10 on "Creek." and $1.20 here; but rumors are again current of "outside" stock selling lower. Manufacturers of "patent" and special makes re¬ port a fair but not remarkably encouraging business, Foreign has been moderately active, and remains about steady for all the leading grades, though now and then slight indications of a desire to force matters are notice¬ able among sellers. About 1,500 bbls. Portland have re¬ cently changed hands at $3.45@$3.75 from pier and yard. We quote from pier and yard and according to brand, as follows: Portland, $3.40@4; Roman, $3.50@4; Keene, S7.75@8 for coarse, and $11.75©12 for flne; Martin's, S7@7.25 for coarjse, and $ll@11.25for flne; La Forge, Portland, $4.10@4.25; and Lime of Teil, $2.85@3. GLASS.—The demand for French window glass, or for that matter for all kinds, continues moderate, and the market generally has a dull, flat tone. All the usual out¬ lets appear to be either closed or requiring an unusually small amount of stock, and show no indications of in¬ creasing the movement at present. Holders and manu¬ facturers, however, are comparatively firm in their views; indeed many assert that they have "got their backs up" and do not propose making any important concessions. StiU, on a flat market the buyer always has more or less advantage, and to good customers a Uttle "easing off" occasionally takes.place. On the French list the discount remains at about 60 and 20@60 and 25 per cent. HARDWARE.—So far as business accomplished is con¬ cerned the market remains dull, and the distribution of goods is moderate. A great many dealers, however^ seem to coDBider the outlook as encouraging for a good falltraiie. Western buyers liare commenced "looking quoting flat head iron and brass wood screws 52J^ fi cent, discount, and round do., 40. The RusseU & Erwin Manufacturing Co. have also advanced their prices on flat head iron wood screws to 55 and IX ^ cent, dis count. LATH.—"Nothing new" is about the sum and sub^ stance of the information tendered reporters in search of "points" to write up on the lath market. ReceiveiB and manufacturers continue to keep in close correspond¬ ence in order to regulate the supply as near as may be to the wants of the market, while buyers give little or no attention to matters until they actually require stock, then, flguring amounts down to just about as close a point as possible on what they know they can use to ear¬ ly advantage, come forward, make their purchase as soon as they can, pay whatever the market rate may be, and withdraw, resisting all attempts to induce them to operate with greater treedom. On Saturday last a cargo was sold at $1.45 ^ M, under a sort of pressure to realize, the owner being anxious to quit stock, and striking a bad market day; but since then there has been nothing of¬ fered under $1.50, and this appears to be about the rate at present writing. LIME.—The general volume of business continuea slow and unsatisfactory, and somewhat behind expecta¬ tions. Most of the arrivals of Eastern are placed soon after arrival, as great care is taken to prevent, if possi¬ ble, more coming out than can be handled to advantage. The quantity required, however, is discouragingly small, and with the unremunerative rates current manufacturers and agents generally seem quite dis¬ gusted over the ruling condition of affairs. Just at the moment there appears to be a scarcity of lump in yard, and a somewhat increased offering could probably be placed to advantage. State lime shows no change, the demand running moderate, and prices as before. The production is kept low, and this prevents an accumula¬ tion of stock. We quote nominaUy as follows: Rock¬ land, 85c. 'f, bbl. for common, and $1.25 for finishing; North River. 60@65c. '<§, bbl. for common, and $1@1.25 for finishing. LUMBER.—To a moderate extent the market in a wholesome way has probably been more encouraging for some dealers than last week, but there is no general or positive improvement, and in a great many instances we hear continued grumbling, loud and deep. Grumbling to be sure, has to a ciartain extent become a chronic af¬ fection with the lumber trade, and force of habit brings complaint to the lips of numbers who are getting their full share of whatever is going on; but.even at its best, and on the reports of those who may be considered the most sanguine, the business actually accomplished in aggregate is only tair. Buyers adhere to settled habits, those operating on home account taking just the nicely, calculated quantities required for known necessities and "no more lor the present,'' while shippers confine them¬ selves absolutely to the limits of orders in hand. As a general thing values show no quotable change, and are nominally steady, but uo well-secured or cash buyer would experience much difacultyin obtaining conces¬ sions from so-called market rates. Stocks and ;as- soitments are ample and attractive, or where any thing may bo short it can soon be made good, and about the only thing lacking: is a good, uniform outlet lor what dealers have to offer. Eastern spruce does not appear to have changed much on the general condition of affairs from reports made for some time past. Now and then receivers are to be found talking a little uppish, bnt it is as a rule soon discovered that they are likely to have some stock in, and naturally desire to pave the way. The test of actual sales, how¬ ever, develops about the old range of values, on which $12©14maybe named for good fair random to prime special, with sometimes $1 off the inside figure for com¬ mon, and possibly slight, additions to the extreme for something extra choice and difficult. White pine on home account continues in dull, uncer¬ tain demand, the disttlbutlon being In small parcels and