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Real estate record and builders' guide: [v. 94, no. 2429: Articles]: October 3, 1914

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580 RECORD AND GUIDE October 3, 1914 BUILDING MATERIALS AND SUPPLIES PRICE CHANGES INDICATE WIDE VARIANCE IN DEMAND AND SUPPLY—PLATE GLASS QUOTATIONS NOW 90-30 AND STIFF Pig Iron and Steel Weak—Portland Cement Shaded—Plan Filings Show Gain miiiiiaiiiii PRICE changes reported as of Octo¬ ber 1, in the building material and stipply department, indicate wide vari¬ ance in supply and demand. Plate glass, which was quoted at 90-25 off list prior to September 15. but was cut consider¬ ably by small jobbers, is now 90-30 and stiff, with prospects of further tighten¬ ing if the demand develops any more. Pig iron, the barometer of the future steel market, is weak at $14.45, while last year at this time it was bringing $15.25. Both the iron and steel markets are un¬ easy, with competition driving prices considerably below current quotations. Structural material, for instance, is be¬ ing quoted at tidewater at 1.31 to 1.36c., but actual figures are reported to be mtich lower on good orders. Brick from the Hudson River district is a little firmer, at $5.00 to $5.50 a thousand, dock, N. Y., but Newark yard prices show- no change. Portland cement is still be¬ ing cut by certain small companies under the $1.58 level. Lime at $1.25 is not as firm as it was at the same level on Sep¬ tember first. American linseed oil is quoted three cents below the sixty-cent level current September first. Hardw^oods are stif¬ fer, reflecting the big gain in altera¬ tion work. Paints and varnishes are stif¬ fer, owing to the shutting off of supplies from abroad, especially coal tar color products. White lead is stiffening, which also helps to put up the price of paints. Coal shipments are heavy, and there is considerable activity on the part of build¬ ing managers to safeguard their ship¬ ments and supplies. The Reading in¬ terests announced that they would oper¬ ate their plants continuously to keep pace with the exceptionally heavy demand for commercial and domestic sizes. Port Reading, along the Staten Island Sound, has more coal in cars awaiting export than it ever has had before. Pipe mills are encouraged by the de¬ mand for tubing. Bookings have been increasing to such an extent of late by reason of foreign purchases that in¬ creased capacity has been thrown in. Wire and nail mills are now operating at 75 per cent, capacity, whereas 60 per cent, was the prevailing rate of output two months ago. Sheets and bars, on the other hand, are extremely dull. All naval stores, such as rope, rosin, acids, and potash, are higher. Lubricat¬ ing oils show no change from the 13 and 13^ cent quotations ruling before the war. The summary action taken by thc Treasury Department against banks which have been hoarding funds will, it is believed, be prolific of good results in the building trades. Plan filings have shown that realty interests have felt a demand for more commercial buildings and industrial plant extension, but the difticulty has been_ to induce banks to finance the enterprises, regardless of in¬ terest rates offered. Plan filings in the five boroughs for the week closing noon yesterday fol¬ low. In the same week last year there w^ere 190 buildings projected, valued at $1,312,680. /-------Week ending------->. Sept. 25. Oct. 2. Xo. Value. No. Value. Manhattan ..... 4 $954,650 7 §1,820.500 BTonx .......... 11 269,775 18 356,625 Brooklyn ......80 412,925 92 534 800 Queens ........75 325,798 50 136!655 Richmond ......20 28,020 21 37,785 Total ........190 $1,991,168 188 $2,886,365 C03IM0N BRICK. Registered Unloading; SboivH (■oin—Sales More Ac tire. TT UDSON common brick sold a little more *^ actively on the wholesale market this week, but prices remained unchanged. Ship¬ ments are restricted, the week closing with a reserve of four bargeloads or a little more than a million brick, as against 48 bargeloads or 16.800,000 brick in the corresponding week last year. Official transactions for Hudson River brick covering the week ending Thursday, Oct. 1, in the wholesale market, with comparison for the corresponding period last year, and a com¬ parative statement of Hudson Rivers unloaded from barges for consumption here, follow: 1014. Left over, Friday A. M.. Sept. 25—6. Arrived. Sold. Friday. Sept. 25................. 6 7 Saturday, Sept. 26............... 7 5 Monday, Sept. 28................11 10 Tuesday, Sept. 29............... 3 5 Wednesday, Sept. 30.............4 7 Thursday, Oct. 1................ 7 5 Total..........................38 39 Reported en route, Friday, Oct. 2—4. Condition of market, weak. Prices: Hud¬ sons. $5 to $5.50 (shaded) ; Raritans, $5.25 to $5.50 (wholesale dock, N. Y.) ; (for dealers* prices add profit and cartage) ; Newark, ----- to 7.25 (yard). Nominal. Left over Friday a. m.. Oct. 2—5. HUDSON RIVER BRICK UNLOADED. (Current and last week compared.) Sept. 18....... 957,000 Sept. 25....... &35,000 Sept. 19....... 618,500 Sept. 26....... 596,000 Sept. 21....... 915.000 Sept. 28.......1,183,000 Sept. 22.......1,000.500 Sept 29.......1,128.000 Sept:. 23.......1.O2.5.000 Sept. 30....... 910,000 Sept. 24.......1.013,000 Oct. 1.......1,210,500 yard, $7.25 to S7.50, stiff. Left over Friday a. m., Oct. 3—iS. OFFICIAL SUMMARY. Left over Jan. 1, 1914................... 87 Total .\o. bargeloads arrived, including left over bargeloads, Jan. 1 to Oct. 1, ^li»n .................................. 1235 Total No. bargeloads sold Jan. 1 to Oct. 1, 1014 .................................. 1230 Total No. bargeloads left over Oct. 2, 1914 .................................. 5 Total No. bargeloads left over Jan. 1. 1913 113 Total No. bargeloads arrived, including left over. Jan. 1 to Oct. 2, 1913........ 1551 Total No. bargeloads sold Jan. 1 to Oct. 2, 1913 .................................. 1503 Total No. bargeloads left over Oct. 3, 1913 48 PLATE GL..\SS. Discounts Now 90-30 and Stiffening-— Forelgm Supply Cut. p LATE glass of all kinds Is now quoted at * 90-30 and is stiffening. Jobbers report heavy demand following the shutting off of for¬ eign supply, but little of which is of a specula¬ tive nature. American mills have suddenly had to bear the plate glass demand of tbe world. .5,862,500 Total........5,538,000 Total.. 1913. Left over, Friday A. M., Sept. 26—42. Arrived. Sold. Friday, Sept. 26.................13 7 Saturday. Sept. 27...............5 4 Monday. Sept. 29................15 18 Tuesday. Sept. 30...............1 2 Wednesday. Oct. 1...............7 8 Thursday. Oct. 2................ 8 4 Total..........................49 43 Condition of market, stiffening at top quota¬ tions. Price: Hudsons, $5.50 to $6; Newark, CO A I.. Anthracite Mills WIU Run Continuously From Nott On. A NTHRACITE coal plants have to operate ** their plants continuously from now on if they expect to keep up witb the demand for domestic and small commercial sizes. Tbe Reading has taken the first definite action in this respect. Consumers seem desirous of get¬ ting as much coal in store as possible to fore¬ stall eventualities arising from shortage at the mines later on. Prices have not changed. Port Reading reports a larger quantity of soft coal on cars awaiting export orders than it ever has had before. W WIRE AXD PIPE. Mills Enoonrasred bv Freer BuTing of Tublne—PInte Mills Actire. ' IRE and pipe mills are planning to in¬ crease their capacities. Of all the sub¬ sidiary plants of the United States Steel Cor¬ poration the plate mills are rolling the heaviest :?utput while structural steel mills are run¬ ning as low as 30 and 40 per cent. Pig iron demand is light in all sections. Last month's fabricating orders totaled only 55,000 tons, a gain of about 7,000 tons as reported for August. CURRENT WHOLESALE PRICES.! CURRENT wholesale prices, prevailing on the Building Material Exchange and elsewhere in the Metropolitan district at the close of the last quarter, are as fol¬ lows. In each case the quotations given belo'w "were those prevailing up to noon, '.^ct. 1, 1914. Note.—Current price clranges are indicated by black-face type. For comparison see Record c^ Guide, Sept. 5, 1914. BRICK— , Hudson common ............$5.00@$5.50 Karitan common ............. 5.25@ 5.50 2d hand common.............. 3.00@------ Newark (yard) .............. 6.75@------ Front or face ................1S.00@36.00 CEMENT ("Wholesale, 500 bbls. lots and over, along side dock, N. Y".): Domestic Portland ...........------@$1.58 Con. Rosendale Nat...........90@ nom Alsen's German.......No. quot. Dyckerhoff German. . . .No quot. CRUSHED STONE (500 cu. yd. lots F. O. B. along side dock N. Y., wholesale): Trap rock, 11^ in................... $1.00 Trap rock, % in................... 1.20 Bluestone, IV2 in....................95 Bluestone, % in...............$1.15@ 1.30 Glass, Window— Discounts. Single thick ...........90-10 & 90-15 Double thick ...........90-10 & 90-20 Plate ................. 90-30 GRAVEL (500 cu. yd. lots F. O. B. along side dock N. Y., wholesale); 1^2 in............................... $0.90 ^i in............................... $1.00 HOLLOW TILE (fireproofing. Prices F. O. B. factory, Perth Amboy, N. J.): Exterior— 4x12x12 in..................... $0.06 6x12x12 in......................084' 8x12x12 in......................102 10x12x12 in..................... 12 12x12x12 in.....................I5 Interior— 2x12x12 in..................... $0,048 3x12x12 in......................048 4x12x12 in......................054 0x12x12 in......................072 8x13x12 in......................096 LIME (Standard 300 lb. bbls. wholesale, select finishing): Farnham Cheshire, finishing. .. —@$1.55 Eastern, common .........$1.25 nominal LINSEED Oil.— American Seed City Raw......$0.56@$0..%7 American Seed Citv Boiled.....57@ ,5S LUBRICANTS (Mineral): Black, refined, summer.........13 (S)13i4 Black, reduced, 27 gravity, 35@30 c. t.........................nv.@u Wax. crude .............per lb. 3i;^@ 3% Cylinder, light filtered.........21i,C@23 Cylinder, dark, steam, refined. .15^^ @25 LUMBER (Wholesale prices. New York City): Yellow pine (merchantable 1905, f. o. b. N. Y.3: 8 to 12 in..............$21.50@$25.00 14 to 16 in.............. 27.50(g) 31-50 Heart face siding 4-4 & 5-4 ................... 29.50(g) 30.00 Flooring, 13-16x2% & 3 ins................... 15.00@ 28.00 Heart face, siding 4-4 & 5-4 .................. 3T.00@ ------ Hemlock. Pa., f. o. b. N. Y. base price, per M........ ------@ 24.50 Hemlock. W. Va. base price per M.................. ------@ 24.50 Hemlock, Eastern mixed cargoes ................ 20.00@ 22.00 (To mixed cargo price add freight $1.50.) Spruce Canadian ..........$24.00 @ $25.00 Spruce (W. Va. f. o. b. N. Y.. lighterage limits): 2x4, 18 and 20 ft.................. $27.50 2x6, 10 and 14 ft.................. 22.0(W 2x8. 12 and 14 ft.................. 23 00^ 2x10, 3x10. 10 to 16 ft............. 27.00 SxS and under, 16 ft. and under... 24.00 9 in., 16 ft. and under............. 29 00 4x10 to 10x10. 16 ft. and under___ 29.00 2x12 and 3x12. 16 ft. and under___ 29.00 12 in., 18 and 20 ft................ 30.00 Add $1.00 per M. for each inch over 12 ins. Add $1.00 per M. for every 2 ft. over 20 ft. in length. 1x2 shingling lath, rough or dressed one side ......................$26.00 4-4x6" merchantable quality....... 26.00 4-4x8" merchantable .............. 24.00 4-4x10" merchantable .............. 27.00 4-4x12" merchantable quality...... 30.50 LATH (Eastern spruce f. o. b. N. Y.): 1^2-in. round wood ..........------@------ l^--in. slab ..................$4.00@$4.10 Plaster—(Basic dealer prices, at yard» Manhattan): Masons finishing in 100 lb. bags, per ton ............$10.50@------ BLOCKS— 2 in. (solid) per sq. ft.............06 3 in. (hollow) .....................06^^ 4 in. (hollow) .....................07^ Boards % in. thick, per sq. yd.....16 SAND— Screened and washed Cow Bay. 500 cu. yd. lots, wholesale.......... $0.50 SLATE (Per Square. N. Y.): Penn. Bangor ribbon..........$4.10fl7'$4.7.'i Munson, Maine. No. 1......... 5.50(fi) 7.75 Munson. Maine No. 2......... 4.50^ 6 75 No, 1 red.....................lO.On ra)12.n0 Unfading green .............. A.OOfa) fi.OO Genuine Bangor .............. 4.7.5'?? 6.75 Pen Argyle ................... i.OOdj) 6.00 Vermont, sea green........... 3.00[S) 4.20 STRUCTURAL STEEL Ctidewater)"Spot: Beams and channels up to 14 in.l. Slffi) 1.36 Beams and channels over 14 in. 1.31f3) 1.36 Angles 3x2 up to 6x8.......... 1.31f?i) 1.36 Zees and tees ................. 1.31® 1.36 Steel bars, half extras........ 1.31® 1.36