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AL Estate Record AND BUILDERS' GUIDE. YoL. XYIII. NEW YOEK, SATUEDAY, AUGUST 26, 1876. No. 441. i Published Weekly by THE REAL ESTATE RECORD ASSOCIATION. C. W. SWEET...............President and Treasurer PEE3T0N I. SWEET........... Secretary. TEEMS. ONE YEAR, ill advance___$10 00. CommuQications should be addressed to O. ■W. STV13ET, Nos. 345 AND 347 Broadway. MARKET REVIEW. REAL ESTATE MARKET. As yet the market, neither outside nor inside of the Ex¬ change, shows signs of revival, but indications abound that we have reached the beginning of the end. We now have tangible evidence that business is growing better generally. Heretofore it was mere talk, hope of better times coming; now the merchants of New York have the facts before their eyes. Of course, as yet it is the larger manufacturing and heavy wholesale houses that feel the benefit ot increased trade. Smaller houses will feel it in a few weeks, and the natural tendency is always to spread gradually through the various indus¬ tries of the city. We have reached only the first grade, but it haa been reached; the beginning of better times is right here uoav, and real estate always enhances in value alter New York merchants ha\-6 made money. To show that we do not speak at random, we give the following im¬ portant fact upon the authority of the house itself, whose name is a tower of strength among home manu¬ facturers. That house, the largest drygoods commis¬ sion house in New York, has sold more goods during the month of August now about expiring than during any previous August since- the organization of the house. There never have been so many heavy buyers here from the far West and far South as during this month of August. Whether attracted hitherward by the Centennial Exhibition, or driven by Ioav stocks at home, the fact remains that they have bought goods heaA-ily, and when the drygoods trade begins to flourish other trades will soon follow. The freight agent of the Texas Short E. E. Line said to the writer of this article: ''There never have been so many merchants irom Texas in New York. I am busy from morning till night contracting for their freight by rail, and all this aside from the immense amount of freight that always goes by the Saturday steamers to Texas." The Eecord is glad to mention the lact of improved trade iu the vipper strata of mercantile houses, which im¬ provement will now slowly but steadily creep along until t also reaches the interest which this journal always en¬ deavors to represent in its true light. In a very short time Ave shall again have something to say to investors, and endeavor to point out the advantages our market offers for profitable investments. Thirty -second st. (No. 146). s. s., 140 e. Lexington av., 15x62.2, to N. Sanny (Plaintiff)............ $7,000 Suveuty-sixth St., s. s , 200 w. Av. A, 1 two-story frame house, 25x102.2, to the Second Union Co-operative Laud aud Building Association (Plaintiffs) ................................... Seventy-uinth st., s. s., 175 w. 4th av., 2 four- story and basement brown stone front houses, together in size 50.6x102.2, to Joseph Hewlett Plaintiffi..................................... 16.000 Also one similar house with lot on 57th sl., s. s., 22.6 n. Lexington av, 22.6x25, to E. A. Jacob and Joseph Koch.................................. 10,820 Similar house with lot, 22.6x25, same St., 67.2 w. Lexington av., to same buyer............... 10,820 Eighty-seventh St., s. s., 190 w. Av. A, 1 three- story aud basement brown stone house, 20x 100.8. to Kobert I., entre (Plaintifl).............. 10,200 Eighty-sixth st, n. a., 203 w. Av. A, 1 three-story and basement brown stone house, 18x100.8, to same buyer.................................. 12,000 Av. A, e. s., 16.8 n. 87th St., 1 three-story aud basement brown stone house, 16.8x81, to James Armstrong.........................•........ 10,22 2,400 Sixty-ninth St., s. s., 225 e. llth av., 100x100.5, to the Equitable Life Insurance Co........... Lind av.. s. s., 491.2 e. Devoe st., Morrisania, to Morrisania Savings Bauk..................... New York and Harlem E. E., w. s., adj. land of John Bussing, West Farms, 2 plots of land, 83x5'oxll5 and 53.3x236.6, to Eilen Petitmanter. One Hundred aud Twenty-ninth st., n. s., 100 e. Sth av., 1 two-story frame house, to E. E. Coudert..................................... Fifty-eighth st., s. s., 110.8 w. Oth av., 1 three- story brown stone house, to Wm. Winslow.... E'ghty-fourth St., n. a., 650 e. 5th av., 25xl70.11x 190, to C. A. Davidson (Plaintiff).............. Fifth av., e. s., 78.5 n.62d st., 1 four-story and basement brown stone front, 22x100, to Jacob Van Derpoel.................................. Seventy-ninth st., s. s., 250 e. 10th av., 1 three- story and basement brown stone house, 16.8x 102.2, to Mary E. Miller....................... St. Marks pi. (No. 25), n. s., 224 w. 2d av., lot 26x112.10, to Isaac Hexter.................... One Hundred and Twenty-sixth St., s. s., 356.3 e. 7th av.. 1 three-story and basement brown stone front, 18.9x99.11, to Kate B. Belloni..... Filth av., s. e. cor. 80th st., 25.8x100, to Louis Strauss...................................... Madison av., n. e. cor. 93d st, 100.8x70, to Charles Wright (Plaintiff)..................... Fifth av., n. e. cor. 65th st., 25.5x100, to New York Life Insurance Co...................... Twenty-fifth st., s. s., 435 w. 7th av., 15x98.9. four-story and basement brick house, to E. L. Lawrence........... ........................ Sixty-second st. (No. 124), s. s., 211.3 e. 4th av., 18.9x100.5, to Bernard Fellman................ Third av., e. s., 55.10 n. 3Sth st., 17.4x75, four- story brick dwelling and store, to John E. Smith....................................... First av., n. e. cor. 116th st., four-story base¬ ment brick house and lot, 26x74, to Bernard Peyser....................................... Eighth St., n. s., 135 e. 1st av., four-story brick house, with lot, 27.6x112.10, to Eliza Zimmer¬ man.......................................... Thirty-eighth St., s.s., 120 w. 2d av., three-story brick house and lot, 20x72.6, to Eose Schrei¬ ber........................................... 6,000 5,000 1,825 3,400 8,960 5,000 59.564 5,000 15,204 10.000 27,000 10,200 26.400 4,800 12,400 14,350 11,000 16,730 7,175 Total for the week........................$330,073 ----------------------♦ <
»---------------------- BUILDING MATERIAL MARKET, BEICK.—^We find no improvement whatever on the general market. Hard brick have sold in a very slow and uncertain manner, and receivers complain of the almost utter impossibility of attracting attention to their supplies. The arrivals cannot be caUed remark¬ ably large, but there has notwithstanding been an ex¬ cess, and cargoes have remained on hand day after day awaiting customers. When buyers did finally appear they were quite sure to be in an indifferent humor, and refused to open negotiations unless assured of easy terms as a basis. It appeared that quite a number of customers have not calciUated quite as closely to im¬ mediate wants ou previous purchases as intended, and from the surplus are now taking supplies. Values under existing circumstances naturally gaiu no strength, and former rates are full as high as can consistently be quoted, while some of the very best brands of Haver¬ straw have been offered at $5. Pale brick are quoted about as before, but are an entirely nominal article, with little stock arriving and not. much wanted. Fronts are also dull. Baltimores have recently sold to some extent, but the demand is not general, nor is there much encouragement to hope for an increase. We quote: Pale, per M, $2.25@2.75; hards. Up-river, %i@ 4.25; Haverstraw Bay, S4.25©5; fronts, Croton — brown, $10; dark, $11; red, $12; Philadelphia. $2'3(gi27; Baltimore, $34@38. Yard prices, delivery included, $2 @3 higher on ordinary, and $5@6 on fronts. CEMEiST.—The position of affairs on Eosendale does not greatly change. Buyers are talking in some cases of their abiUty to make purchases at a concession, but close inquiry seems to confirm the impression that none of the leading brands have sold off, or that manufactur¬ ers aro inclined to shade. Indeed, ruling rates scarcely give ft margin, and the profits realized on this year's pro¬ duction are not likely to prove very large. We quote at $1.10 on "creek," and $1.20 here. Foreign descriptions have found a little more inquiry if anything, and are steady, with jobbing lots from yard inclining to some¬ what greater firmness. The offering to arrive, however, is fair, and most importers wUling operators. We quote from pier and yard and accorfiing to brand as foUows: Portland, $3.40@4; Eoman, $3.59(^4; Keene, $7.75@8 for coarse, and $11.75(^12 for fine; Martin's, $7@7.25 lor coarse, and $11@11.25 for flue; La Forge, Portland, ,$4.10@4.25; and Lime of TeU, S2.85@3. GLASS.—The demand for French window glass does not swell into very large proportions; indeed, the gen¬ eral market is still qttite dull, but trade is picking up somewhat, and in a manner which leads dealers to enter¬ tain a more hopeful view of the situation. The stocks on hand are ample in both quantity and assortment,and former rates remain current. AVe quote at 61! aud 20(gJ60 and 25 per cent, discount. For American window glass the Cill very fair, and the market is steady at regular list rates and discounts. English glass steady, but withoixt much animation. H.\EDWAEE.—Business has been fair, and of a some¬ what more seneral character, Avith the indications favor¬ able, it is thoughts for a further increase. The market generally has a steady tone, and dealers are in a more or less confident mood on all regular goods. The agents quote patent solid or arlzp-eye picks and mattocks at 25 ^ cent, discount. The Ehode Island Horseshoe Com¬ pany have issued the toUowing new price-Ui^t: Perkins' new light pattern horse.shoes, $i.62><; do., new medium pattern horseshoes, $4 62^^; do., new heavy pattern horseshoes, $4.62>^; do., snow or trotting shoes, S5.62>^; do., mule shoes, $5.62j!^. Screws continue to advance somewhat, and the EusseU & Erwiu Manufacturing Company publish the followiuK: "We hereby annul our circular on screws, dated August 1, 1876. All orders and unfilled balances are canceled in accordani^e therewith. Until further notice we soli it orders for flat head iron screws Aipon the following terms: Discount, fifty and twelve and one-half per cent, from our list, cash 30 davs. No prices guaranteed." The manufacturers of cordaae have issued the followiug revised net cash list: Manila cordage, sizes above 12 thread and hay rope, 14c.; do., do., 12 thread (X in diameter), 14J^c.; do., do., 6 thread and 0 thread (Min. and 5-16 in diameter), 15c.: do., do., bolt rope yarns, 15>^c ; do., do,, bolt rope yarns. 6 thread and 9 thread, 16J^c ; do., whale lines, 16c.; tarred Manila, 13^c.; fine tarred Manila lath yarn, 15c.; Sisal rope, .sizes above 12 thread and hay rope, lOu-.; do., do., 12 thread, 10>^c.; do., do., 6 thread and 9 thread, lie; tarred Sisal lath yarn, 9Kc.; fine tarred Sisal lath yarn, lie; Eussia hemp tarred cordage. 13c.; American hackled hemp tarred cordage, 12o.; tarred American lath yarn, 12c.; fine tarred American lath yarn, 13 !^c. LATH.—A matter of supply alone seems to be the con¬ trolling influence on this market, the demand apparent¬ ly having become pretty well gauged by receivers, most of whom can now tell within a few hundred thousand hoAV many lath the market wUl exhaust within a given period. Their tone, therefore, varies with the amount ' at hand or expected, but the range of fluctuations is small. Durifig the present week matters have been rea¬ sonably strong, and a full rate demanded on all the offer¬ ings up to the present writing, about $1.50 showing the general quotation, though one or two dealers were think¬ ing they could buy at $1.45 per M. LIME.—Eeeeivers and dealers advise us to "print last week's market over again," and tbis would probably an¬ swer as well as any other, as there is really nothing new of positive interest. Business generally is dull, atiout former rates are ruling, and supplies are kept down as much as possible in order to prevent overstockint; the market. We quote nominaUy as follows: Eockland, 85c. per bbl. for common, and $1.25 for finisbiug; North Eiver, 60@65c. per bbl. for common, and $l@1.2o for finishing. LUMBEE.—The general wholesale market shows nothing in the way of decided improvement, though we think the business of the past week has been somewhat larger in one or two cases on special orders for home use for ordinary manufacturing purposes. Dry goods, hardware and other articles of merchandise are com¬ mencing to move with somewhat greater freedom, and this stirs up a demand for lumber from box-makers, who in few instances have any great amouut of stock on hand to satisfy the increased call for packages. For building purposes the demand keeps along iu about the ordinary limited channel, and the export trade faUs to develop anything very encouraging, present or prospec¬ tive. The deals for which charters Avere recently made are, we understand, coming through from the AVest to this point by rail, with the irxception of one lot expected by the river this week. The stocks and assortmeuts on hand are, if anything, on the increase, though dealers are not hurrying forward supplies controlled by them at interior points. Eastern spruce shows about the same general condi¬ tions, dealers' ideas proving somewhat variable in a moderate way, according to the luck they have met with in handling supplies, but the majority admit rather a tame market, and nothing to encourage additional ship-
