Columbia University Libraries Digital Collections: The Real Estate Record

Please note: this text may be incomplete. For more information about this OCR, view About OCR text.

974 RECORD AND GUIDE December 4, 1915 I BUILDING IVIATERIALS AND SUPPLIES I HIGHER PRICES FOR HOLLOW TILE INTERIOR AND EXTERIOR BLOCKS EXPECTED—PLATE GLASS DISCOUNTS LOWER-BRICK FIRM Crushed Stone Goes From Firm g g to Stiff—Winter Supply Low 1 I I A DVICES in the building material ■*^ market this week indicate an im¬ pending advance in the price of crushed bluestone, trap rock, terra cotta hollow e.xterior and interior block and a lower¬ ing in the current discount on plate glass, making the price to the consumer higher. The Portland cement market is unquestionably stiffening as a result of increasing export business. In the iirst nine months of the year there was an increase of 416,000 barrels of Portland cement exported over the volume pass¬ ing out from January 1 to September 30 last year, according to reports made by the government authorities recently, most of this material going to Panama, Me.xico, Cuba, Argentina, Chile and Peru. It is expected that exports of this material next year will be rated in the millions of barrels, judging by feelers now in the American market for cement for Europe. As for the local demand dealers are riding cement direct from cars to jobs under the new demurrage rules enforced by railroads terminating here. One con¬ tractor was in the market for cement for a job covering 2.2S0 buildings in Brooklyn this week and another contract was being negotiated as the week closed for the delivery of cement for an oper¬ ation involving the erection of 1,117 workingmen's homes not far from this city. A contractor was also inquiring for brick for still another operation in¬ volving the erection of 980 working- men's homes in Queens Borough. All of these operations are slated to be ready for material April 1, Crushed stone quarries are about ready to close down for the winter. Reliable estimates of the available supplies of this material on hand show that there is just about enough of this material to supply actual wants. In consequence current quotations of ninety cents and $1.00 for crushed trap rock and eighty-five and ninety cents for crushed bluestone have gone from a firm market to a stiff one and an advance in price is looked for by the first of January. Hollow terra cotta blocks for exte¬ rior building construction and interior partition blocks have been without change in this market for more than six months, while all other building mate¬ rials have been advancing in price stead¬ ily. In the West prices for this commod¬ ity have kept pace with other materials. It is not strai.ge, therefore, that the National Fireproofing Company predicts a shift upward in prices governing this market before long. The trade looks for the change before February 1. Structural steel is rapidly approaching the two-cent level. Latest quotations in this market place this commodity at 1.869c. for beams, channels, tees and zees, with the upper range left blank, indicating a still further change if pres¬ ent conditions warrant it. Sand, gravel and grit alone remain steady. Brick may go to ?8 per thousand, wholesale, dock. New York, before March 1. See page 937 of current issue. Plan filings for the week, compared with the correspondina: week a year ago, follow: Last week there were 265 new buildings projected, at an estimated cost of $2,462,295. Manhattan. .* Bronx....... Brooklyn. ... Queens......... 54 Richmond. .. Totals........ 1.31 $836,130 318 $3,906,455 Week ending Dec 4, 1914. Dec 3, 1915. No. Value. No. Value. 5 $134,000 8 $1,346,200 8 21.600 37 1,538.100 49 474.175 73 512.9.50 54 179 5.50 166 465..830 15 26,805 34 43.375 EDISON PL,.\]VT TO RESUME. COMMON BRICK. _. . „. , „ - , , >.on/>«/!.,» ... Market Steady—Prices Still Hover Arouna Direetors Thursday Provided .$200,000 t« eg -^ Modernize Plant. », ypgoN common brick was still bringing in JJ IRECTORS of the Edison Portland Cement n the majority of cases this week $6.75. al- Company meeting at New Village. N. J., on though there were rumors that some of the brick Thursday provided $200,000 to modernize the held for .$7 had passed out. Raritans are flrm raw side department, improve the clinker equip- at the same level. ment and to put automatic stokers in the boiler Offlclal transactions tor Hudson River brick departments of the plant preparatory to re- covering the week ending Thursday, Dec. 2, in suniing activities at the mills. William S. Mai- the wholesale market, with comparison for the lory, president ot the company, informed the corresponding period last year, follow: Record and Guide exclusively of the action of 1915. the board and is authority for the statement Open barges, lett over. Friday A. M., Nov. that the company will be in the market again 26^20. with a 2,000.000 barrel capacity by April. Arrived. Sold. "We believe we will have one ot the most Friday, Nov. 26................... 2 9 modern and best equipped plants in the country Saturday, Nov. 27................. 7 5 when these improvements are completed." Mr. Monday, Nov. 29.................. 15 li Mallorv said. He said the matter ot reopening Tuesday. Nov. 30................. 1 6 New Y'ork office had not developed far enougli Wednesday, Dec. 1................ 3 5 to warrant making a statement at this time. Thursday, Dec. 2............'...... 6 6 CO.-VI-. Total ............................34 42 CI i« i n^ IT ...,..■ t .»T > Reported en route. Friday, Dec. S—15. Significant Terms Upon Whioh Newark Condition ot market, flrm. Prices: Hudsons, Supply Bids Were Made. jg 75 ^nd —; Raritans, $6.75 (wholesale DIDS made this week on coal to supply New- dock, N. Y.) ; (for dealers' prices add profit '-' ark institutions pointed the way to the com- and cartage) ; Newark, $7.50 to ------ (yard). ing situation in this commoditv in the light of Cargoes left over Fridav A. M., Dec. 3—12. labor troubles at the mines after April 1. The 1914. City Home Trustees experienced the greatest Lett over Friday A. M., Nov. 27—11. difficulty. One thousand tons were wanted and Arrived. Sold. advertised for. The bids called for dealers to Friday, Nov. 27................... 13 13 furnish bonds to guarantee delivery. None of Saturday. Nov. 28................. 1 1 the bidders would comply with this requirement. Monday, Nov. 30................ 5 3 The reason given was that there was no posi- Tuesday. Dec. 1................... 4 3 live assurance that deliveries could be made. Wednesday, Dec. 2................ 7 5 Shortage ot cars is ascribed as another reason Thursday, Dec. 3................. 3 2 whv coal interests cannot guarantee deliveries — — and also a shortaee of men. Contracts were Total ........................... 33 27 made, however, without the delivery guarantee. Conditon of market, weak. Prices: Hudson. Building managers will do well to make in- $5.00 to $5.25: Newark yard------ to $6 75; quiries and look to existing or expiring con- nominal. Left over Fridav A. M.. Dec. 4—17. tracts at once. OFFICIAL SUMMARY. --------- Lett over, Jan. 1. 1915.................... 64 UNSEED OIL. Total No. bargeloads arrived, including lett Slight Reaetion in Price Range, But Mar- To^Ifwo^^hlrt"?' •'/°- \}° P''"' ?' }^'^^ --'^''-- ket Is Still Stilt ' Total No. bargeloads sold Jan. 1 to Dec. C LIGHT reaction in the price of linseed oil Total No. bargeloads'left over'Dec' 3 iois' 20 •^ developed this week when prices dropped to Total No. bargeloads left over Jan 1 1914 87 63 and 6r> cents. This represents no change Total No. bargeloads arrived including left in the bottom range, but a decline of two cents over Jan. 1 to Dec 3 1914 1553 a gallon in topjrices. Demand is said to be Total No. bargeloads sold jan.^^ iritir-fiec.'/i - moderatet tat ear- shnrtage.-^6^-mterlBriBK- with. ^MH4. _... . .^............___ Ti.. -. ISSfi dellTerles.___■____ - ,-- ' total No. bargelna'ds'ieft "o'v'e'r Dec'. 4."i9i4;! 17 THE RECORD AND GriDE aUOTATIONS ARE ACCEPTED AS OFFICIAL BY B SmromDiiiiiiiiiiiiiEiiiiiiiiniiiiiiiittliniiuininitUiiiiiiiiiiiiiiiiiiniiiiiiinniiiinnninniiiiiliinniMiiiiiiiiiiiiiiJiiniiiiiiiiiiiiiiiinriiuiiiutiiiuiniiinii^ i CURRENT WHOLESALE PRICES.! I f umMniimiiniiiifMwiiiiiinuiiMiimmiiiiiiiumiuiiiDDmiiiiniiDjijiimiumaiMiiiimMimLuimuunimirmmiuiiuiinfiuiimiu.......tuiiumiiwuiu^uju.- /"" URRENT wholesale prices, prevailing ^ on the Building Material Exchange and elsewhere In the Metropolitan district at the close of the last month, are as fol¬ lows. In each case the quotations given below were those prevailing up to Dec. 3, 1915. Note.—Current price changes are indi¬ cated by black-face type. For comparison see Record and Guide Nov. C. Hudson common .............^G.T."©------- Raritan common ............. 6.7.">(g)------- Second hand common......... .'i..'>0@------- Newark (yard) .............. 7.50@.$7.75 Pront or face...............1S.00@36.00 CEMENT (Wholesale, 600 bbls. lots and over, along side dock, N. Y.): Domestic Portland, Spot.......*1.67(S)------- Over 30 days .................-------@$1.72 10c. bag; returns on bags. Mill base ................... 1.05@ I.I5 Con. Rosendale Nat. to dealers.$0.90@------- Dea)-2rs price to job........... 1.10@------- 7*/^c. bag; returns on bags. Alsen's German ............No Quotation Dyckerhoff German .........No Quotation CRUSHED STONE (500 cu. yd. lots P. O. B. along side dock N. T., wholesale): Trap rock, ly, in.................stiff .!in Trap rock, •:i in.................stiff 1.00 Bluestone, 11/2 in................lirnj .85 Bluestone, % in.................lirm .95 GLASS, Window—trom jobbers' list— Discounts. Single thick ....................90-20 Double thick ...................90-20 Plate (May 1 list)..............»0-40 GRAVEL (500 cu. yd. lots P. O. B. along side dock N. Y., wholesale): 1% in...............................$0.S5 '^i in.................................so P. S. C, gravel........................95 HOLLOW TILE (flreprooflng. Prices P. O. B. factory, Perth Amboy, N. J.): Exterior— 4x12x12 in...................... $0.0C 6x12x12 in......................0S4 Sxl2xl2 in......................102 10x12x12 in.....................12 12x12x12 in.....................15 Interior— 2x12x12 in..................... $0,048 3x12x12 in......................OlS 4x12x12 in......................054 6x12x12 in......................073 8x12x12 in......................096 LIMB (Standard 300 lb. bbls. wholesale): Farnham Cheshire, finishing.$1.55(g)$l.60 Eastern common ..T........ 1.15(5) 1.371/2 Hydrated finishing ......... 8.500) 9.50 LINSEED OIL— .-\merican Seed City Raw.......$0.03@.$0.65 American Seed City Boiled.....C2@ .64 LUBRICANTS (Mineral): Black, refined, summer... .$0.13% @------- Black, reduced, 27 gravity. 35 #30, c. t..................$0.1.'@ ------- Wax, crude ............per lb. .Ii4@.$0.n,-. Cylinder, light filtered.........l.'.-.@ .2.S Cylinder, dark, steam, refined.. .17@ .2." LUMBER (Wholesale prices. New Tork City): Yellow pine (merchantable 1906, f. o. b. N. T.): S to 12 in...............$21.00iS)$25.5a 14 to 16 in.............. 2S.00@ 32.00 Heart face siding 4-4 & 5-4 ................... -------(g) 28.00 Flooring. 13-16x2^4 & 3 ins.................... 13.50@ 26.25 Hemlocy, Pa., f. 0. b. N. Y. base price, per M........•-------@ 21.50 Hemlock. W. Va., base price per M...................-------@ 19.50 Hemlock. Eastern mixed car.i^oes ..................-------@ 20.00 (To mixed cargo price add freight $1 50.) Spruce Canadian ...........$24.0nfr7)$35.00 Spruce (W Va. t. 0. b. N. T., llghterap-* limits): 2x4, IS and 20 ft...................$27.00 9 in., IG ft. and under.............. 28 00 2x6, 10 and 14 ft.....................2S no 2x8, 12 and 14 ft....................23.00 2x10, 3x10, 10 to 16 ft.............. 29.00 Add $1.00 per M. for each Inch over 11 ins. Add $1.00 per M. for every 2 ft. over 20 ft. In length. 1x2 shingling lath, rough or dressed one side .......................J26.00 LATH (Eastern spruce f. o. b N Y.): iy2-in. slab ...................$4.00@------- PLASTER—CBaslc dealer prices, at yard, Manhattan): Masons finishing In 100 lb. bags, per ton............$10.50®------- BLOCKS— 2 in. (solid) per sq. ft..............$0.06 3 in. (hollow) .....................06 4 in. (hollow) ......................07^ Boards % in. thick, per sq. yd.......16 SAND— Screened and Tvasbed Co-w Bav KOft cu, vds. lots, wholesale. .. .ip0.4.'>@i|!0.50 SLATE (Per Sn\iare, N. Y.): Penn. Ban^-or ribbon..........$4.1 2(iTi$4,75 M'lnson, Maine, No. 1......... B.soiff) 7.75 Munson. Maine, No. 2.......... 4 SOW B.7.=i No. 1 red......................10 00(57)12.00 Unfading green .............. 4 nn(f7) 6.00 Genuine Bangor .............. 4.7^^------- Pen Argyle ................... 4 on)f7) 6.00 Vermont, sea green............ 3 00(8 4.20 STRUCTURAL STEEL (Tidewater): Beams & channels up to 14 in. l.s«!)e(a) ------- Beams ^?- channels over 14 in. . l.SOOertT) ------- -Angles ^x2 up to 6x8.........T..««!>effl) ------- Zees and: tees. ^ . ........... . Lscnet!!) -----.^ _ Steel b.Trs. half extras........1.S(!ne(g>------J UILDING MATERIAL EXCHANGES.