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Real estate record and builders' guide: v. 18, no. 440: August 19, 1876

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EAL iLSTATE KECORD AND BUILDERS' GUIDE. Vol. XYIII. NEY\^ YOEK, SATUEDAY, AUGUST 19, 1876. No. 440. Published Weekly by THE REAL ESTAfE RECORD ASSOCIATION. C. W. SWEET...............President and Tbeasueek PRESTON L SWEET...........Secretabt. TERMS. ONE YE.lLli, in iulvaii.ce....$l() 00. Oommutiications should be addressed to Nos. 345 AND 347 Beoadwat. MARKET REVIEW. REAL ESTATE MARKET. 9,000 6,600 30,000 5,000 Beyond the sale of what is generally known as Jones' Wood, particulars of which are given below, the Ex¬ change Salesroom offered little of interest during the past week. The following is a complete Ust of the sales: Thirty-eighth st. (No. 316 East), a. s., 259.8 e. 2d av., 1 five Htorv brick tenement house, with lot, 21.2x98.8x23.2x93.2, to Christopher MuUer (flaiutifl) .............................. $5,000 Eighth av., e. s.. 150.5 s. Horatio St., 1 three- story brick sture aud dweUing, with lot, 19.3x 76, to A. F. Holly (Plaintiff)................... 12,100 Seventeenth st. (No. 119 West), n. a., 230 w. Oth av., 1 three-atory brick dwelling, with lot, 17.8x92, to E. Coffin, Jr. (Plaintifl"s attorney).. 9,100 Seventeenth St., n. a., 1 four-atory brick dwell¬ ing and stable, with lot, 24x92, aujoiuing above, to aame buyer........................ 12,000 Oae Hundred and Twenty-seventh St., s. e. cor. 4th av., 1 three-story and basement brick house, with lot, 18x74.10, to Andrew Soher___ Fiiteanth St., s. s., 319 e. 1st av., 1 five-story brick tenement house, with lease of lot, 22 x 103.3. (lease dated March 1,. 1869, term 20 years 4 months, ground rent $300 per annum), to Christian Froelich......................... Bleecker st. (No. 61), u. s., 262 e. Broadway, 1 three-story and attic brick house, with lot, 28x 100, to J. M. Brown (Pjaiutiffj................. 11.000 Sixty-sixth St.. s. s., 80 w. Madison av., 1 four- story and basement brown stone front house, with lot, 20x100 5, to S. U. CadweU (Plaintiff). Twenty-second st. (No. 269), u. s., 175 e. 8th av., 1 four-story brick house (front) and 1 three- story brick house (rean, with tot, 25 x abt. 100, to Charles Coudert Jr. (Admr.)............ 15,025 One Hundred and Fourth st., s. s., 116 w. 3d av., 1 three-story and basement brown stone house, with lot, i6.8xl00.U, to the Hebrew Orphan As.vJum (Plaintiff)............................ One Hundred aud Fourth st., a. a., 150 w. 3d av., similar house, with lot, 16.8x100.11, to same buyer......................................... 4^000 About 20 acres of laud boitnded by St. Ann's and Passage av. and Port Morris Railroad, known as St. Mary's Park, Morrisania, to B. P.Fairchild.................................. 69 000 Fifty-third St., s. s., 191.8 e. 7th av., 1 four-story and basement brown stone front house, with lot, 16.8xl0ij.5, to A. F. Holly (Plaintiff)....... 16,350 Cue block bounded by Avs. A and B, 68th and 69th ats., known aa "Jones' Wood," to Emanuel Bernheimer and John Bohnet................ 132,500 Seventy-seventh st. (No. 236 East), s. s., 255 w. 2d av., 1 tbree-alory fratne house, with lot, 25x 102.2, to Samuel Cardweli..................... 5,300 One plot ot land bounded by King St., New York Bay, William St. and an alleywiy (Brooklyn), to J. Jansen.................................. 26,500 Thirty-third St., a. s., 200 e. llth av., 1 four-story and basement brick house, with lot, 25x98.9, to Matthew Doyle (Plaintiff).................... Thirty-third St., a. s., 340 w. 9th av., 1 three-story and basement brick house, with lot, 15x98.9, to H. J. Lippe (Piaimifi-)........................ Fifcy-fourtu St., n. s., 222 w. 1st av., 1 five-story brick tenemeut house, with lot, 22x100 5, to John G. Gary. (Third Mortgagee)............ 11,111 3,000 5,925 Total for week..............................$388,511 ----------■■--------------------------< <^» ♦------------------------------------ BtJILDING MATERIAL MARKET. BRICK.—^Aa with many other articles of merchandise, holders of brick have discovered that buyers can neither be coaxed by low prices nor frightened by scant sup¬ plies into any increase of interest, and that business must have its natural but slow development. After this month has passed it is natural to suppose that the con- ttmptipn wUl increase spmewbat, but repeated attempts have shown it to be an utter waste of time to ask either contractors or dealers to operate in anticipation of their wants, except now and then under certain circumstances of favorable opportunities for delivery at points difficult to reach, or where an extra fine lot of stock h'jppened to come in. Under these circumstances, therefore, the seller has at nearly all times been tbe one obliged to open negotiatloas, and commission dealers were fre¬ quently very undecided as to the course to pursue. The matter, as a ride, laid between making a ataud in hopes of drawing higher bids, with tberisk of beiug unsuccess¬ ful and running upjexpenses, or of a modification on ask¬ ing rates to meet the bids of buyers. The first plan was in some cases tried, but the latter appeared the most judicious, and was as a rule adopted. During the period intervening since our last review trade has been somewhat erratic, but not remarkably liberal in the aggregate, aud values show no gain of strength. About $5 por M is all that can be quoted for Ha-?erstraw, and a great mauy have sold at $4.50 and under, while the range for "Up-river" stock was about $4@4.25. There is a continued talk of a diminished production, etc., but no actual scarcity of stock has as yet been shown. The bulk, of the receipts are from the river yards, but a few lota straggle in from Sta ten Island and bring about $4@4.25 per M. Pale brick remain nomi¬ naUy at about S2.50@2.75 per M, with very few coming in, but scarcely any demand. Fronts are quiet, aa well as the common grades, with about former rates ruling. We qtiote: Pale, per M, $2.25@3; hards, Up-r>ver, $4® 4.50; Haverstraw Bay, $4.50@5.50; fronts, Croton— brown, $10; dark. $11; red, $12; Philadelphia, $23@27; Baltimore, $34®38. Yard prices, delivery included, $2 ®3 higher on ordinary, and $5®(5 on fronts. CEMENT.—Rosendale seems to be in much the aame general condition. The local inquiry is moderate in amount, and of that slow, cautious character which keepg buyers' movements confined to the most imperative wants of the hour, bnt otherwise an apparently fair little trade doing, "up-river." Southern and Eastern shipments on contiact and fresh orders alt reqiuring more or less stock. The production is kept as much ou a basis of the outlet as possible, and prices remain about aa before. We quote at $1 10 ou -'Creek," and $1.20 here. Foreign grades are steady, and meeting with a fair average demand on all the ordinary tmtlets. Amouiits available here, however, or waiting to be ordered out, are ample, and about former rates readily accepted from all desirable buyers. We quote from pier and yard and according to brand as foilowa: Portland, $3.40@4; R.man, $3.59@4; Keene,: $7.75@8 for coarse, and $11.75@12forfiue; Martiu's,$7@7.25 for coarse, and $11 ©11.25 fi>r fine; La Forge, Portland, $4.10®4.25; and Lime of Teil, $2.S5@3. GLASS.—Some of our so-caUed "commercial" jour¬ nals have discovered an immense improvement on thia market, but the dealers do not meet with the same ex¬ perience. There haa been a larger number of buyers in attendance, looting up desirable assortments of French; but 11 were handling only very small invoices, and the. addition to the aggregate of sales is by no means exten¬ sive. Sapplies are ample, and former rates accepted. We quote at 60 aud 20@60, and 25 per cent, discount. American window glass moving somewhat more freely at the works, for interior distribution, and firm at full former rates. Euglish quiet and firm. HARDWARE.—The demand continues moderate and uncertain for fancy and ornamental work, but on all standard and seasonable goods a very fair amount of animation 7S shown, and the tone of the market ia cheer¬ ful. Manufacturers and agents have accumulated fair suppUes, but are holding them steady, and values as a rule may be considereti as well sustained. There is notlyng new on figures since our last, except an an¬ nouncement by the American Screw Company, which names the following rates ou rivets: iron black, iron tinned, diacouut ot 65 per cent.; block and carriage rive's, 65 per cent.; rivets in bulk, 50 per cent.—terms cash, 30 days. LATH.—There seems to be a aomewhat uncertain tone on this market, but no very great amount of confidence, and sellers are evidently watching matters with much care. On the recent drop in values, buyera who were most likely to take any very large amount were sup¬ plied; and, though small quantities can be peddled out hero and there at a fair rate, the constant tear ia that too much of an accumulation wiU appear afloat and push valuea down. The prices now to be obtained, it is claimed, are not remunerative, but there is said to be a pretty full stock at some of the mills, vessels oflermg freight accommodation low, and manufacturers in many cases commencing to think if tbey can only get cost out of their lath it wilt be better than to carry tor any longer period. At the present writing, with very little stock on the market, sellers have advanced the asking-rate to $1.50 '^ M, and the position is nomiualiy firm. LIME.—In view of tho protracted dull businesa it la natural to anppose that pretty much all jobbing dealera and conaumers are very lightly supplied, and this keeps a little demand on the market at all times. So closely, do buyers figure and adjust their wants, however, that a very small quantity wilt cause a surplus afloat, and when this occurs tliere is nothing to do but ait down and await the appearance of customers. Of course receivers find little satisfaction in the market under the circumstances, and complaints of a dull, unaatislactory business continue current. There is nothing specially new since our last. A lot of Rockland was sold at 05c. which had become old by holding to await a better market, but on n-gular stock ttie rates remain abotit as belore. We quote iiominally as follows: Rock¬ land, 85c. ^, bbl. tor common, and $1.25 for finishing; North River, 00@6?c. ii bbl. foi; common, and $1@1.25 for finishing. LUMBER.—Dealers continue to realize their expecta¬ tions of a dull market, and their seems to be really nothing now of a positive character to advise. All out lets are calling for the usual snull and uncertain in" voices. There ia plenty of stock available, and such com. petition among holders to secure any customer who may appear that values are kept very easy all round. Far¬ ther charters of accomiuodatious for deals have been made, and the result of these shipments will be watched with some interest. Export orders come in very slowly for anything here, bnt some of the agent.-i have been en¬ abled to close on sales for shipment direct from the mills. Arrivals, if anything, have been slightly nn the increase, mostly from the i iterior, and stocks are grad¬ ual y increasing. Eastern spruce has come in io some extent for delivery on orders, and there has baeu a fair, open offering, con¬ sidering 'he state of the market. The demand however, did uot appear to show any greater volume or anxiety than before, and while obtaining former rates a great many dealers have expressed themselves as well satisfied. A slight increaae ot the demand for speciitls is reported in some quarters, but nothing thac cannot be met promptly and on about former terms. We quote some¬ what nominally at $11@13 for random, ana $13@14.50 for special. White pine has been only in about the usual light de¬ mand, aud buyera exhibit the old indifference for any thing beyond their immediate wanta. One or two small export or lera direct have been filled, and quite a number of odd lota were taken to fill in freight room, but about all the trade agree that the foreign outlet affords no re¬ lief of a poaitive nature. In various ways atocks are in¬ creasing, with a constant urging from the interior, "Djn't you want a little more?" with an intimation that terms will be made attractive. Ratea here are quite ir¬ regular, and to a certain extent figures should be looked upon as nominal for the time being. We quote at $l8@ 19 ii M lor shippers, 10 inch and upwards; $15@17 do. for do., 10 and 12 inch, and S13.50@15 for box, 8 and 12 inch. Building timber, $30@35. Yellow piue is quoted higher by some and unchanged by others, and, as with all other grades, tiie tone ia evi¬ dently quite unsettled. From certain indications it was thought that a few randoms would sell, aud they were ordered forward with the result to a certain extent favorable so far as it went, but by no means encouraging for a repetition of the experiment. Specials have met a lair call, but sellers continue about as plenty as buyers. We quote random cargoes at S18@r20 iji M; ordered car¬ goes $2l@25 do.; greeu flooring boards, S23@24 do.; and dry do. do., $25®26; step-plank, as steoplank, at $25@26 5p M. cargoes at the S nth. $14® 16 lii M. Hardwoods are quite -as dull as ever, aud some dealers think a little more so. Even black walnut commences to fall oat of favor to aome extent, and here and there a receiver can be iound with surplus stock trying to sell at a concession. We quote: VViKdesale value by car¬ load at about $70@72.50 ^i M for the finest wa'nut; $35@00 do. for commou do.; $35@40 do. f r ash; S38@40 do. for whitewood; $35@38 for oak, and $55@65 tor cherry; $50@65 for butternut, and $35@40 for hickory. The yards are filling up in some c ■ses, as the arriv.jls are fair and the general c'euiaud without animation. Buyers adhere to the old plan, and when they make their appearance are generally found to have a little slip or memorandum soii.ewhere about aa a check againat taking more than can be used to immediate advantage. Former figures will do for geu>. ral quotations, but are full high, and desirable customers are almost sure to gain tavors. Among ttie recent lumber charters we note the fol¬ lowing : Br. ahip, 1,636 tona, hence to London, deals, 908.; an Am. ship, 850 tons (now at Liverpool), from St. John, N. B., to Liverpool, deals. 75s., cargo delivered; a Br. bark, 380 M lumber, from Montreal to River Plate, at or about f 19; one, 993 tons, from Montreal to Hull, deals, 903. ■© standard, and timber 35a. ^j^ load; a bark, 442 tons, fromPensacoli to New York or a Sound port, lumber, $9; a schr., 220 M lumber, from Pensacola to> -^Tf t 'f^'l'