Columbia University Libraries Digital Collections: The Real Estate Record

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102 RECORD AND GUIDE July 27, 1918 CURRENT BUILDING OPERATIONS DIRECTLY in line with the central- ization in organization of several of the other building material concerns have come certain developments in the brick industry. Under the auspices of the War Industries Board a plan for mobilizing the resources of the trade wiU be carried through. Although the details of the program are as yet not specifically known, it is suggested that they may include some system of divid- ing the control and responsibility. Men acting in the capacity of directors wiU be chosen only by reason of familiarity with the problems of the industry, and capabilities of broadminded and fair judgment both in the intcrests of the country and of the trade. It is expected that co-ordination with the authorities in the questions of coal, transportation and raw materials will give favorable consideration to all brick manufacturers will will give assurance of their product going to supply government needs, or to moderate or essential civilian uses. Co- ordination along such lines in the brick industry is regarded favorably by other trade as well. The lumber industry has put itself on record as welcoming the new competition resulting from this new move, as "intelligent" and there- fore satisfactory. Moreover, such co- operation among the dififerent branches of the brick industry, will building the foundations of an organization that may continue and be of considerable benefit even after the war. Better satisfaction exists in the lum- ber trade since it has become known that the lumber prices fi.xed by the Gov- ernment will have application only to the shipments made during the re- mainder of that quarter. This ruling will have a generally beneficial eflfect. It will inake it impossible to submerge mills with orders at the current prices that cannot be shipped until the next period. Moreover, unctratinty as to the price will tend to make customers more careful about placing orders. If it seems likely that a certain mill in question wiU in all probability, place their contracts where delivery at current prices will be assured. Thus an equalizing movement n allotment of orders among the mills will be initiated, which will have a dis- tinctly favorable influence upon' the in- dustry as a whole. SUMMARY—Transaotions in the North River brick market for week ending Priday. .luly 2G. 1918. Condition of market : Demand fair; prices unchanged. Quotations: Hudson Rivers. .$12..~i0 to $13 a thousand to dealers In cargo lots alongside dock. Number of cargoes arrived, 14; sales, 14. Distribution: Manhattan. 4; Brooklyn, G; New Jersey points, 1; outside points. 2. Structural Steel. Production of all kinds of finished steel is reported to be practically normal, and deliveries are being made ina more satisfactory man- ner than has been possible for a long time. Output of shapes and plates has been particularly large during the past few months, and it is e.xpected that some relief will be aflforded ordinary con- sumers, since the new priority rulings will allow fairly free distribtition. Im- portant contracts recently reported out- side direct government requirements in- clude 10,000 tons for the new Chicago plant of the Baldwin Locomotive Works, 350 tons for the General Chemical Co. at Baltimore, 500 tons for the Staten Island Rapid Transit Raihvay. Demand continues on a large scale, and orders are being booked in advance of pro- duction. Official prices for beams and channels up to 15 inches are quoted for the third quarter at 3c. at mill, Pitts- burgh. 'Wire Product. Altho present output of wire products mills does not amount to more than two-thirds of normal, yet Government requirements are not ab- sorbing the entire production. The surplus is being distributed to those customers who are provided with pri- ority certificatesn Demands continue heavy, and the main difficulty lies in procuring raw materials and in deter- mining the opportionment of the lim- ited supply. Prices are quoted $3.50 base per keg for wire nails; bright basic wire, $3.35 per 100 Ib. Lumber. There has been compara- tively slight activity in the Southern Pine market of late, resulting in part from doubt as to the precite method of application of the maximum government prices. Although the manufacturers state that they do not object to the $28 base, yet item prices are not yet satisfactorily arranged and it is probable that a hearing wiU be held before long to reconsider the matter. In the in- terim, however, shipments are below a production which is subnormal, being slowed up by lack of necessary labor. BUILDING COM CURRENT wholesale prlces, prevatllng on the Buildlng- Materlal Exchange and elsewhere In the Metropolltan dlstrlct. Allowances must be made for yard and store prlces: Note.—Price changes are Indlcated by black-face type. Brick (Cargo lots. at the wharf. to dealers only), per M.: For retall prlces, New Tork, add cartage plus 10 per cent. North River common........¥13.50 @ $13.00 Raritan common.............No quotatlon Second hand common, per load of 1.500 .....................$6.00®------ Cement (wholesale, 1,000 bbls. lots and over. alongslde dock. N. T.): Domestlc Portland, Spot...... 2.60®------ Rebate on bags, returned, lOc. bag. Rosendale Natural to dealers, wood or duck bags..........tl.lS®------ Rebate on bags. returned. lOc. bag. Gravel (500 cu. yd. lots f. o. b. along- slde dock N. T.. wholesale): 1% In. (nomlnal) ............$2.00®------ % In.........................No quotation Pavlng gravel...............No quotatlon P. S. C. gravel...............No quotatlon Pavlng stone................No quotatlon Crnstaed Stone (500 cu. yd. lots. f. o. b. alongslde dock N. T., wholesale): MODITY PRIGES Trap rock, 1% In. (Nomlnal). .$2.00@------ Trap rock, % In. (Nomlnal). .. . 1.95®------ Crushed limestone, H4 In..... 1.70®------ Crushed limestone, % In...... 1.80®------ Buiiaine Stone— Indlana limestone, per cu. ft........$1.14 Kentucky limestone, per cu. ft...... 1.50 Brier Hill sandstoné. per cu. ít..... 1.50 Gray Canyon sandstone, per cu. ft... .95 BufP Wakeman, per cu. ft........... 1.50 Buff Mountain, per cu. ft............ 1.50 North River bluestone. per cu. ft... 1.05 Seam face granite, per sq. ft........ 1.00 S. Dover marble (promiscuous mill blocks). per cu. ft................. 2.00 White Verniont marble (sawed), New York, per cu. tt.................... 3.00 I.lniieed OII— City brands, olled, 5 bbl. lots..$1.82@------ Less than 5 bbls.............. 1.83®------ Turpentlnei Spot In yard, N. Y., per gal... .*0.68@$0.72 Ijumber (wholesale prlces. N. T.): Yellow plne (merchantable 1905. f.o.b.N.Y.1 • 8 to 12 Ins., 16 to 28 ft___$44.50@$55.00 14 to 16 ft................. 63.00® 75.00 Hemlock. Pa., f. o. b. N. T. Base prlce, per M.......... 34.50®------ Hemlock, W. Va.. base prlce per M...................... 34.50®------ (To mlxed cargo prlce add frelght $1.50.) Spruce, Eastern, random car- goes, narrow (dellvered).. 38.00® 42.00 DISTRIBUTION REPUTATION