Columbia University Libraries Digital Collections: The Real Estate Record

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April 5, 1913 RECORD AND GUIDE 721 E!i3iM!i'!fi['J::tsi'""!'i'- "j":.HiBr.i;itii:i'i!'''"'i.:'^Lliii;'^.^."':'■■"'■".""J ^f" ■':': '■ ^I'^rr'"^ ■' aii!iiiiiiiDiiieiiiiitQn«9['ii!j; BUILDING MATERIALS AND SUPPLIES Last of Pre-flood Shipments Will Arrive by First of the Week, When Real Shortage Will Be Felt Here. Government Report Shows That Another Advance in Price of Coal Is Due to I Come in About Six Months—Dealers Encouraging Early g Buying—Common Brick Firm. 1 lllfWIIiiWiMa ;lMIIIIIII«MMillll»MMiailBnillMillllliil!i:^ !:::«lllaM»iMill!MailBaMa»IIMIBMIIIIillllMMl^^^^^^ THE whole building material market rested this week on the behavior of steel as a result of the Pennsylvania and Ohio floods. Shipments proved to be about normal, and, in consequence, other materials held firm, both on price and demand. But, as the week closed, re¬ ceipts began to slow down, and it is freely stated by the mill agents here in New York that by the first of next week steel will be very scarce, for the reason that all the shapes which were en route when the floods compelled the closing down of the furnaces will have arrived at des¬ tination and there can be no more sent out from Pittsburgh until the railroads get their tracks in shape again. This may entail a delay of a week or two on deliveries. As far as other building materials are concerned, a brief curtailment in steel receipts will help manufacturers. Before the floods came the demand for every commodity, except North River common brick, was exceptionally brisk, and the Steel Corporation was getting output data together which already gave evi¬ dence of bringing record-breaking busi¬ ness. With the mills running close to the market, this would not have con¬ duced to lower prices. As it is now, a fortnight's halt at the building material consuming end will enable manufacturers to catch up with orders and help to keep the current prices steady. The situation in the lumber depart¬ ment is not rosy. The floods are rush¬ ing on toward the big southern lumber producing centers, and, while they all have been warned, the delay incidental to the repair of machinery and other prop¬ erty following the receding of the waters at a time when the consuming market here in the east is heavy and the supply light, may cause sharp price advances. The common brick market showed a little more activity this week. In fact, the call for brick, lime, plaster and plas¬ ter-boards in the suburbs was noticeably brisk and gave many dealers a fore¬ taste of what the spring demand is likely to be. Here in New York, where the demand for brick is slow, closely tem¬ pered by the assemblage of steel shapes, there was little change in demand, although prices were somewhat stiffer on last week's levels of $7.00 to $7.25. The last of the covered barges went out at prices considerably below the $7.50 range, at which they were held by owners. Building managers were considerably stirred up over the Government's report on the coal situation, in which it is stated that there is no reason why, under exist¬ ing conditions, there should not at al¬ most any time be a renewal of the slight shortage, amounting to about one-half the normal production of the mines for one month, and for another advance in prices coinciding with the alleged short¬ age. The report points out that the last advance in price was by no means war¬ ranted under the conditions, and it there¬ fore by implication raises the question whether Congress will allow the situation to continue and will thereby lay the foundation for a renewal of the difficulty six months from now when another coal season is about to open. Some dis¬ tributors already are making special rates to encourage forward buying. BRICK M.VRKET PIR-MER. Prices Unchnnsed, Althousb Demand Im¬ proves Somewhat. ""T HE common brick market showed a tendency * to firm, but prices remained steady during the last week. All danger from the flood has passed in the up-river brick yards, and here and there are to be found evidences of prepara¬ tions for starting up the new season. The Rari¬ tan River market is strong in the suburbs. Official transactions for North River common brick during the last week with records cover¬ ing the corresponding week last year follow : 1013. Left Over, March 22—21. Arrived. Sold. Monday ....................... 17 9 Tuesday ...................... 14 6 Wednesday .................... 10 9 Thursday ...................... 14 8 Friday ........................ 0 3 Saturday ...................... 4 5 Total .......................59 40 Condition of market, flrm. Prices, Hudson River (basic), $7 to $7.25. Raritans , $7, (Wholesale dock N, Y. For dealers' prices add profit aad cartage.) Newark (yard), $8.25. Left over (open cargoes)—50. Tolal covered—0. Total covered sold—1. Total covered on reserve March 29—1. 1912. Left Over, March 23—0. Arrived. Sold. Monday ....................... 9 2 Tuesday ...................... 0 1 Wednesday .................... 5 0 Thursday ...................... 10 4 Friday ........................ 6 2 Saturday ...................... 2 5 Total ........................ 32 14 Condition ot market, strengthening. Prices, Hudson, $6.50 to $7. Raritans, $0.25 to $6.75. Left over, March 25—18. MANY STlEEIi MILLS RESUME. Tie-up lu Transportation May Continue for Another Week. ADVICES from the steel mills In the flood dis¬ tricts showed that the work ot recuperation was well under way and that by the end of the week many mills would be under partial oper¬ ation, and that by the middle of next week all would be under normal run. The chief concern expressed by steel consuming interests here was getting the railroad embankments repaired so that normal freight traffic would be resumed. Local builders have not been seriously incon¬ venienced regarding the floods for the reason that most of the steel they were erecting this week was already on the road when the deluge came. Deliveries from now on, however, will be slow and this tact is very apt to have a quieting effect upon other commodities. Prices showed no change. HOW LUMBER HAS ADVANCED. Scope of Price Increase in All Depart¬ ments Tabulated Since October. BUILDERS have complained of the Increased cost of construction during the last six months and have attributed this rise largely to the heavy upward fluctuations in lumber. The following compilation will show at a glance Just how much each grade has moved up. Whole¬ salers ascribe the advance to the increased de¬ mand and the decrease In supply, indirectly aided by higher transportation costs and scar¬ city of labor. It is entirely probable, they say, that even the April list will move up before the month closes. The following flgures show actual increase in price ranges between the current offlciai association list and that tor last Oc¬ tober : ASH. WHITE. 5/4 in. 6/4 in. 1st Si 2nds, advanced.$4.00(S)$3.00 8/4 1st and 2nds. advanced......... 4.00® 3.00 2V'2 and 3 in. 1st and 2nds, advanced 5.00® 5.00 4/4 in. clear strips, advanced....... 3.00@ 2.00 4/4 in. No. 1 common, advanced.....3.00@ 2.00 2V2, 3 & 4 in. No. 2 com., advanced. S.nn®) 5.00 4/4 in. No 2 common, advanced.....3.00@ 3.00 5/4. 6/4 and 8/4 in. No 2 common, advanced ....................... 3,00@ 2.00 BASSWOOD. 4/4 in. 1st and 2nds. advanced.......$1.00@$1.00 4/4 in No. 1 common, advanced.....------@ 1.00 5/4, 6/4 & 8/4 No. 1 com., advanced,------@ 1.00 BIRCH. 4/4 in. 1st and 2nds, advanced......$2.00@.$.3.00 4/4 in. 1st and 2nds. saps, advanced, 1.00@ 3.00 5/4. 6/4 & 8/4 in. 1st & 2nds, reds, advanced ........................ 3,00@ 2.00 5/4, 6/4 & 8/4 in. 1st & 2nd.s, saps, advanced ........................ 1.00® 2.00 21-4 3 and 4 in. 1st and 2nds, unse- fected color ..................... 5.00® 5.00 4/4 in. No. I common, red ..........2.00®------ 4/4 in No. 1 common, sap.......... 1.00® 1.00 5/4, 6/4 and 8/4 No. 1 common, red. 2.00® 2.00 4/4 in. No. 2 common, unselected color ...........................2.00® 2.00 5/4 6/4 and 8/4 No. 2 common, unse¬ lected color ...................... 2.00® 2.00 TANK PLANK. 2, 2% and 3 in. 22 and 24 tt. long, 5 In. and up wide................------@$1.50 CHERRY. 41.4 in. 1st and 2nds................------®$5.00 514, 6/4 and 8/4 In. 1st and 2nds.., ------& 5.00 2% and 3 in. 1st and 2nds...........------@ 5.00 4 in. 1st and 2nds .................------@ 5.00 4/4 in. clear strips ................------® 3.00 4/4 in. No. 1 common..............------@ 2.00 4/4 in. No. 2 common..............------& 1.00 5/4, 6/4 and 8/4 In. No. 2 common.. 2.00® 2.00 CHESTNUT. 4/4 1st and 2nds ..................$l.no®$1.00 5/4, 6/4 and 8/4 1st and 2nds........ 1.00® 1.00 4/4 No. 1 common ................ 1.00® 1.00 4/4 wormy and No. 2 common......2.00®------ 5/4, 6/4 and 8/4.................... 3.00® 3.00 CYPRESS SHINGLES. F. O. B. New York by Car. 6x18 No. 1 heart cypress shingles, per M...........................$1.00@$1.00 0x18 No. 1 primes or A's, per M,,,, 1.75® 1.75 CYPRESS. F. O. B. New York Market. Lumber Rough or Dressed. Firsts and seconds, 1 inch..........------®!52.00 Firsts and Seconds, IVt inches......,$0.50® 3,00 Firsts and seconds. IV2 Inches...... 2.00® 3.00 Firsts and seconds. 2 inches........ 1.00® 3.50 Firsts and seconds, 2i/. inches...... 2.00® 3.00 Firsts and seconds, 3 inches........ 1.00® 2.00 Selects, 1 inch .................... 1.00® 3.00 Selects. IVt Inches ................. 1.00® 2.00 Selects, IV- Inches ................ 2.00® 4.00 Selects, 2 inches ................. 1.00® 3.00 Selects, 2V4 inches ................. 1.00® 3.00 Selects. 3 inches ................... 1.00® 2.00 Shop, 1 inch ...................... 1..50® 3..50 Shop. IH inches ................... 1..50® .3.00 Shop. IV, inches .................. 2..50® 4.00 Shop. 2 inches ..................... 1.00® 2.50 Shop, 2y. Inches ...................------® 1.50 Shop, 3 inches ....................------@ 2.50 DOUGLAS FIR. 8/4 to 16/4 No. 2, clear and better. .$1.00@$1.00 Yard sizes, 8/4 to 16/4x6-8-10-12x 12/2S ........................... 1.00® 2.00 12x12x20/40 ........................2.00® 3.00 R.UL DELIVERY. 1x3 Rift flooring. No. 1............$5.00®$3.00 1x3 Rift flooring. No. 2.............8.00® fi.OO 1x4x6 Rift flooring. No. 1............ 2.00® 1.50 1x4x6 Rift flooring. No. 2........... 4.00® 4.00 FLOORING. 13-16 Oak. 2. 2% and 2%, Clear, quartered, white oak flooring.......$1.50 Select, quartered, sawed white oak flooring 5.00 Clear, quartered, red oak flooring......... 1..50 Select, quartered, sawed, red oak flooring. 5.00 Clear, plain sawed, white oak flooring.... 2.00 Select. P. S.. white oak flooring........... .3.00 Clear, plain sawed red oak flooring........ 2.00 Select, P. S. red oak flooring..............5.00 MAPLE FLOORING. F. O. B. New York City. 13/16X 1.3/16X 13/16X %xl%x 2 in. 2Vi in. 3% in. 2 in. Grade. Face. Face. Face. Face. Clear ......$3..50 $4.50 $3.00 $3.50 No. 1...... 3.00 3.00 4.00 ------ Factory .... 3.00 3.00 2.00 ------ LONG LEAF YELLOW PINE FLOORING, A, heart rift, 13/16x2y, face, counted 1x3, D. & M................................$0.50 B, heart rift, 13/lGx2y2 face, counted 1x3, D. Sl M.................................2.00 A. sap rift, 13/16x21/2 face, counted lx.3, D. & M.................................2.00 B, sap rift, 13/16x2% face, counted 1x3, D. & M................................4.00 A, flat rift, 13/16x2% face, counted 1x3, D. & M.................................1.50 B flat rift, 13/16x2yo face, counted 1x3, D. ft M.................................2.00 No. 1 com. flat rift, 1.3/16x2% face, counted 1x3, D. & M............................ 2.00 GUM (RED). F. O. B. N. Y., Lighterage Free. 1 In. No. 1 common................$0.50@$1.50 SAP GUM. F, O, B. New York, 1 in. 1st and 2nds........................$0.50 1 in. No. 1 common....................... 2.00 HEMLOCK. F. O. B. New York. Pennsylvania hemlock, base price,,.------@$1.50 W. Virginia hemlock, base price___$2.50® 2.00 LATH, Eastern Spruce. F. 0. B. N. Y. 1% In. slab lath ..................$0.65@$0.65 MAHOGANY AND CEDAR LOGS. Mexican Mahogany. Cazones, Tecolutia ..................$1.00®$!.00 Frontera .......................... -Sll® 1-00 Tlacotalpan ........................ ^'"''S I'nX Tlacotalpan (white) ...............------@ 1.00 MAPLE. HARD AND SOFT. 4/4 in 1st and 2nds................$1.00®$2.00 5/4 and 6'4 in. 1st and 2nds....... 2.00® 3.00 8/4 in. 1st and 2nds................ 2.00® 3.00 4/4 in. clear strips ................. o.no® ,.00 5/4 in. No. 1. common .............4.00® 4.00 0/4 and 8/4 in. No. 1. common......4.00® 4.00 4/4 in. No. 2. common.............. 2.00® 2.00 5/4, 6/4 and 8./4 in. No. 2, common., 2.00® 2.00 COUNTERS. I In clear strips. 2y2 in. to 5% in. wide. 5 feet and over long. $5 per M. foot (gain). OAK, .QUARTERED WHITE. Indiana 1st and 2nds, 6 Inches up wide, 10 to 16 feet long, about 2o per cent. 10-foot lengths..........$2.00®$2.00 (Continued on page 749.)