Columbia University Libraries Digital Collections: The Real Estate Record

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;funo 9, 1894 Record and Guide. 9&i let for other (lUalitles kei-pitlg uan'ow, aud a great deal of stock reniaiiiiiig on hand unsold aud vvith- biit Jiresent custom, even thoiijih holders have about made up their minds that if they get rid of it at fOst it will be doiug very well. 'The tenders frnm liriinal markets are ojieuly moderate, but repidar and casual agents have left word where they can be found with larj-'cr (iiiaiititics to ofl'er whenever b.iyei's are ready to ue.gotiate. Yellow Pine is comiug along iu moderate quan¬ tity now aud theu, mostly for jnirposc nf dehvery nn contract, aud a few houses ave fairly success- ful iu hooking additional eugagements for special cuts, but in geueral the open (leiiiiind proves mod¬ erate, and buyers .assume an iudillireut sort of Jiosition. So far as present calls from customers npon local stocks are coucerned tbe snjijily avail¬ able Is said to (lo very well. Yet, in coniiuou with all other grades of lumber, the yard accumulation is much below an average, and the tliiie will come when dealers must show a great deal more hurry to obtain goods for replenishing. Carolina Pine I'cmaius about stead.y, with little change noticeable iu the character or volume of business. Tbe mills want a cargo now and then und dealers, bo.x uiakers. etc.. also afl'ord an opjior- funity for placius moder.ate niiantities. hut a hanging biick policy is jiiirsued by nearly all elassea of buyers and the evident jiolicy is inake iuvcstmeuts as small as jiossible. There is no com¬ plaint over eost, but simply an adherence to cau- lious methods. Hemlock does not appear to attract the atten¬ tiou ot local enstom to any noteworthy extent. Mauy dealera fr.ankly admit that the recent loss of logs and manufactured stutf, aa well as injury to the mills, would, under normal conditions ofcou- sumption, be a very strcngtheuing facter, but hav¬ iug onl.v a moderate diatrilnitive buainesa at the UKuneut. and feeliug entiielv tree from specula¬ tive inclination they piefer til await the spur nf actiiall.v increasing \v ants before eonmicucing to Jilacc new orders, 'fifl-erlngs eoutiuue fair and iu most cases at about fonner rates. SjU'Uee reinaius iu a jmsition where a v-ei-y little additional force nf deniiind would change tlie entire character of tbe niarkel. .Iust now buveis of Eastern cut arc few and far between aiil re¬ ceivers feel satisfied that nioderate arrivals are rcaby the best thiug for tiie inarket, yet, witb generally amall accumulations iu yard, the cut of the mills limited aud many mauufiicturers nrac i- ciiUy without logs, a very little expansion of luiiiie- di'ite consumiog wants would surely act is a great stimulus aud infuse streugth and buoyauey iuto tile entire line nf values, Cari:o values reiuaiu aiuuewbat iincertai'i aud the same may be said ot yard rates. The latter arc "(luotcd"' uniformly enough ami it would jirobably be ilillicult to con¬ vict any dealer of haviug cut the list tigures in making charge.s.but there are more wa.y8 of giviug liuyers an advanta?e than by openly naming a reduced selliug rate, and the feeling seems lo be that they are jiut iuto use quite cxtensiv-ely. Hardwoods iirc without new features. There is some little deniiind for staple grades, with some fair sales nt poplar rejiorted to dealers who furnish I'iiriieiitei's with sujiplies, but nothing out ofthe ordinary run, and offerings have liceii ainjilc fnr all wauts. Prices, too, remain about steaay, but ou more extensive deals buyers could obtain some special alliiwances. GENERAL LUMBER NOTES. THE WEST. The Northwestern/.iiiii/i^'c/inoi as follows: III Siiiriiiaw Valley a peculiar state of iitt'airs prc- V iiils. rhoiigh tbe mills were startedlate. aud have i.i'cu run moderately, jiiling room has been tilled, aud It is uow a question as to whether some of th" mills cau be much louger operated shouM there not be a larger outlet for stock. The market has fiiiled to absorb lumlier iu sutlicient volume to pre¬ vent over-accninuliition, and the result is that, jii-obably for the, hrst tune in the history of the Sairiuaw lumber business, jiiliug lOoiii has been ex¬ hausted, while yet the sjii-ing ninn'bs were uot ;iast. It is Jirobable that the situation in Sagiuaw A'alley is a little more straiued tbau iu districts fiirthi'i' West, because mill operators have set a niiuiiiinn jnicc on their lninber, and refuse to sell below it. But a somewhat similar conditiou pre¬ vails at mill Jioiuts elsewhere. Values have been lowered to what the mauufactiireis consider bed¬ rock, aud the.v will hold them there for several weeks before tbey will sell for auy lower jirices. In the Jireseut state of demand it is doulitful if a lui'ther cut iu ni-iees would stiiiiulate demand. The wholesale iind retail dealers aud cousumers iue not buying freely because they see no.iustitica- tinu for it. A mere further ciittiuff: of prices would not induce them to stock iiji iu advance of nearby requirements until a priiuouuced change in tbe oiillmik sbiinld have occui'red. ludeed we ean safely iissnnie that another droji in values would I'iiiise bii.vers to further hesitate. The onl.v intlii- cnce th.it can induce dealers tn lieiriu buying freely is a more aetive demand and a inanU'est teudeucy toward au advance iu prices. The manu¬ facturers will have to jiosscss their souls in patieuce uutil this desired change comes 111 sjiite of receut heav.y raius in some jiortions of the Southeast, a scarcity of jioplar logs is still rejiorted at the mills, mauy of which are still idle. Iniiniries for lumber are slow-ly iucreasiug and there is a slightly tiiuier teudeucy to Jirices, especially A. KLABER, Importer of and 'Worker in MAl!BLE, ONYX & GRANITE STEAM WORK.S, 23.»1 to 211 KAST B7th (STKEET, \f2il Ave. i:ievatcd B. K. Station. New Ynrk. DESKS. Office Furniture. Great variet.v of style and price. MANUFACTtlEED BY T. G. SELlEW, 111 Fulton St., N.Y. for the better grades. Firsts aud aeconda are in demaud at Nevv York aud other Eastern markets, at better Jirices than previdled tblrtv davs ago, and a lietter feeling fs reported at Rt. Louis on these gindcs. Coarse lumber is still druggy. The commission dealers report an improved tone in the market. There is increased inquiry and more williugncss on the jiartof th() yard mento Jiay goiug pjices. Eeecijifs are mostly confined to piece stutl'. shingles and lath. Little inch stock is arrlviug. The commission men say that eastern buyers are ofl'eriugmore for inch lumber thau dealers here are williug to pay. It is probable that the yard meu are lookiug ui-ouiidiimnug themills for boards aud strijis. Just at jiresent tlie.y aro not wanting iiiiii'h iuch luiuber, but are after piece stuff if they can liuy It right Short green piece stuft'is still selling on a basis of itO. A Jiereentage of 30 per cent, more or less, of long stuff raises the bid from '25 to 50 cents. If the Jiereentage of wide .joists is considerable the cargo is still moi-e favorably considered. Lots of long inists. sold as a sejiarate quantity, go from $10.50 to if 11..50, according tn the jierceiitagc of very loug aud wide In the lot. .^s a rule, the buver is getting some iidvantiige on loug lumber aud the niannfaeturer is ciirresoondingly losing It. It is tlioiigbt by some that priees of jiicce stutf will still'eu a little as soou as the demand shall become a little more urgent. Others do not look so far ahead as that and would be satisfied vvith an iictive market and steady sales at jiresent Jirices. Hemlock jiiece stuff is held at iiiT. The Mississijijii Valley Lumberman as follows : There seems to have been no backward tuove- tneiit in lumber trade circles the jiast week, al¬ though the general Improvement is not worthy of iiotU-e. Ill fact, trade ajipears to lie .lust about boldiug its own. wliieh is doing a good deal wheu the conditiou nf the business and industrial world is taken into consideration. 'rbere hiive been many discnuragements and biudriincestn the development nf trade, tbe i-hief of wliiili is the labor troubles in various parts nt the countr.v, from the cnal niiniug districts of Il¬ linois to the lead mines of Colorado and the coal helds of Feiinsyivatiia. There is prospect of set¬ tlement of the.'e troubles liy arbitration and tbis gives a ray of llojie to tli^ otherwise rather irlooiuy outlook as far as the.v are coucerned. The strikers in Illinois have delayed tralhc fo a great extent and liuuber sbijiments to the iiffected region have beeu eut utt". Travcliug men also rejiort (hiit they are not able to make their regular trips owing to the diseoutinuiiiice of tniin service ou some brauch tines. Ou the whole the white jiine trade is iloiug faii-l,- well, it having received an impetus from the re¬ duced freight rates that bave beeu iu ett'ect fnr a couple of weeks jiast. but whicb were restored to the (lid noteb the tirst of this week. Ill the northwest, fhe floods and high water have delnyed the ojieration of mills in nearly every locality and cousiderable time has been lost. Iu fact tlie carly start of the mills has been more than made uji for by delays. This means that the sea¬ son's cut is unt to be excessive, for the log crop was curtailed on every stream, aud bnt few mills that last .vear lau uighf and day arc this year being run nights. All ofthese circumstauces teud to sti-engthen the feeling in tbe tra2c.: 20-iiich, 2.10^/2.25c. forround lots: Anules. 1.75 .71 .iioc: Tees, 2 « 2.15c.: Chauuels. 1.80®2c, ou dock, steel jilatcsare I.65y;.1.90c. for Tank: 1.90o 2.10c. for .Shell; 2ffi2.15(-. fnr Flange, and 2.50a)2.80c. for Fire Box ou dock; Reflned Bars are 1.6"® 1.90c. ou dock, and Common. 1.45(j^l.60c. Steel rails do not change in auy iinjioifanf particulars. There is uow and then a croji of rumors iu regard tn increased deiuaud, liut tbey dn not bear I'r.iit aud the railwa.v eomjianies still ajijicar safisjied w-itli jilai-ing siuall orders for ordiinu-y renaii's. Prices liave undergone no change of a qinitabi;'I'liiiiiieter. We quote standard sec¬ tions .-^124 a L'5 jiir ton at mill, vvith usual advances for delivery at tide water. Pig lead has not been offered with mueh general freedom, aud manu¬ facturers appear iudisjiosed to jilaee themselves in ail attitude of seeking trade, Deniiind. however, was moderate and mainly of .iobbiu,g character, and buyers att'orded no ojijioituuity for the stift'en- iiig of rates. We quote at 3'w 3.3()c. perlb. The niiinufactnrcs of lead arc quot«d at 5i'4C. for Pipe. 6i-.;c. for Sheet, loc. for Tin-lined rijie. and 37ii!e. for Block Tin Pijie. Pig Tiu has shown merit iu the matter of statistics tliat would ordinarily be considered strengthening and favorable accoimts come frnm abroad, but speculative feeling appeared ijuite indiff'erent and home consumjitinu was of limited jiropoitioiis. Prices are irregular and a trifle nuiiiinal ai the clnse. We quote at about ]9.80<719"sc. tor round lots, and 20iKa20iec. for .jobbing Jiarcels. Tin plate has oc¬ casionally found ver.v good trade, but demaud was uot of a lasting I'liiinieter and came in such form as to ludiciite that bu.yers were only taknig enougli .stock to satisfy inimediate waut^■. Prices con¬ tinue easy for most grades. We quote as follows: I. C. Charcoal. Melyn grade, $6.25 ^6.30; Cbari'Oiil. Mcl.vn grade, crosses, $7.751 I. C. Charcoal, .Mbivviy grade. .f.5.'I0a'5.45; Allaway grade, crosses, .$6.45: Charcoal terne, M. F. grade, 14x20, .$7.2537.30 ; M. F. ffrade, '20x28, $14..50o 14.55 ; Worcester, 14x20, $5.70a5.75; Worcester. 20x28, $11.00311.10; .\lyn trrade, 14x20. $5.'20«5.25: Alyn gi-ade. 20x28, $10.00a 10.25; D. R. D. grade. 14x20. $1.90S5 00; IX R. II. glildc. 20x28. $9.7059.75; I. C. Coke, Penlan grade. $5.00ff 5.05 ; J. B. grade, 14x20, .$5.15 a'5.20: I. C. Bessemer steel, squares, ,$5,35tt----- basis; 1, C. .Siemens steel, squares, S5.45ff-----basis. Spelter meets with moderate uncertain demand trom both dealers and coii- siiniers, aud shnws no irreat stren.i;!li on values, although liberal shadiugs ciiuunt lei olifained. Wequote 3.40ti3^c. for Couinioii Westeru, accord¬ ing to brand. GEO. A. HAGGERTY, ELECTRIC MECHANICAL BELU HANGER, 201 EAST 47Tn STREET, N. Y. SC)1,K li.VSTERN ItEPliKSENT.VTlVE FOR FRED. F. BISCHOFF & CO., Manulacturers of THE BISCHOFF P.-VTENT Ornamental Sheet Stee! Ceiling, Sheet Metal Rooflng Tile, Rock Face Siding Archi¬ tectural Oruamcnis, Statuary, &c. ' •i03 Kast 1-.29111 .Htrci-t. JVrw Vorh. Works, Libei-tyvillc, III, The East Side Wall Paper and Painters' Eupply Store, 'Wholesale ^ 107 ESSHX ST,. ? -t„„ i-nuiz- aud Retail. > 39 CAR.MINE ST.. V '^*'" lOKK. Estimates for Paiuting and Decorating at the lowest rates.