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Real Estate Record and Builders Guide Founded March 21, 1868, by CLINTON W. SWEET Devoted to Real Estate, Building Construction and Building Management in the Metropolitan District Published Every Saturday by THE RECORD AND GUIDE COMPANY FRANK E. PERLEY, President and Editor; E. S. DODGE, Vice-President; J. W. FRANK, .Secretary-Treasurer Copyright, 192 Entered as second class matter November 8, 1879 , by The Record and Guide Company, at the Tost Ofrice at New York. N. Y., under the Act of March 3. 1879. no West 40th Street, New Yorli (Telephone: Bryant 4800) VOL. CIX NO. 4 CJSll) NEW YORK, JANUARY 28, 1922 25c. A COPY $12.00 A YEAR Advertising Index Page A. B. See Electric Elevator 4th Cover Ackerly, Orville B............ll^i Adams & Co...................112 Adler, Ernest N...............lia American Bureau of R. E......113 American Enameled Brick & Tile.. Co...........................110 Ames & Co...............2d Cover Amy & Co., A. V..........2d Cover Anderson Brick & Supply Co., 4th Cover Anderson & Co., James S..2d Cover Armstrong & Armstrong........113 Ashforth & Co............2d Cover Automatic Fire Alarm Co.......120 Baiter, Alexander ..............112 Bauer, Milbank & Molloy........112 Bechmann. A. G...............112 Bell Co., H. W.................123 Biltmore Realty Corp...........112 Boyd, James ..................108 Boylan, John J...........2d Cover Brener, Samuel ................— Brennan, Edmund M...........113 Brett & Goode Co.....Front Cover Brooks & Momand .............108 Brown, Frederick ..............108 Brown Co., J. Romaine.Front Cover Builders' Brick & Supply Co., 4th Cover Bulkley & Horton Co............112 Busher & Co., Eugene J...2d Covm Butler & Baldwin......Front Cover Cammann, Voorhees & Floyd, 2d Cover Carpenter, Leonard J......2d Cover Chauncey Real Estate.....2d Cover City Investing Co..............loO Classified Advertisements ......Ill Coburn, Alfred P...............112 Cross & Brown ........Front Cover Cruikshank Co........Front Cover Cruikshank's Sons, Wm.Front Cover Cudner, R. E. Co.........2d Cover Cusack Company ...............112 Cushman & Wakefield ..........112 Cutler & Co., Arthur......2d Cover Cutner, Harry B.........2d Cover Dailey. Clarke G..............100 Davies, J. Clarence ............11-1 Day. Joseph P............2d Cover Dean & Co., W. E.........2d Cover Dike, O. D. & H. V........2d Cover Dodge Co., F. W................127 Dowd, James A................113 Dubois. Chas. A................112 Duffy Co., J. P.................120 Dunlap & Loyd ................112 Duross Co................2d Cover Edwards Co., Charles G...2d Cover Edwards, Dowdney & Richart.. .lOii Elliman Co., Douglas L.........108 Ely & Co., Horace S....Front Cover Empire Brick & Supply Co., 4th Cover English, J. B.............2d Cover Finch & Co., Chas. H............120 Finkelstein & Son, Jacob.......113 Fischer. J. Arthur.........2d Cover TABLE OF CONTENTS Editorials ...................................... 101 Davenport Committee Proposes to Equalize Taxes ........................................ 103 John M. Stoddard Outlines Real Estate Broker¬ age Laws ..................................... 104 How a Few Landlords Used Wash Sales to Force Rentals Up ............................ 105 Construction Started on Large West Side Apart¬ ment ......................................... 106 Review of Real Estate Market for the Current Week ........................................ 107 Private Sales of the Week..................... 107 Statistical Table of the Week................... 114 Employers Reject Untermyer's Wage Scale Pro¬ posal ......................................... 115 New York State Builders Meet in Albany Next Week ........................................ 116 Residential Building Still Dominates Local Sit¬ uation ........................................ 117 Personal and Trade Notes ...................... 117 Trade and Technical Society Events............ 117 Building Materials Markets .................... 118 Current Building Operations ................... 118 Contemplated Construction .................... 120 Plans Filed for New Construction .............. 123 Page Fisher, James B................112 Fox & Co., Fredk.........2d Cover Goodwin & Goodwin.......2d Cover Grunert, Robert G.............113 Gulden, Royal Scott ...........Ill' Harris Exchange ..............113 Hecla Iron Works ..............122 Hess, M. & L., Inc.....Front Cover Holmes Elec. Protective. .4th Cover Holt & Merrall, Inc.............11:: Home Title & Insurance Co___100 Hubbard, C. Bertram......2d Cover Jackson, Daniel H.............108 Jones & Son, William P.........113 Kane Co., John P.........4th Cover Keller, Charles G..............112 Kelley, T. H...................112 Kelly, Albert E................112 Kempner & Son, Inc., D., Front Cover Kilpatrick, Wm. D.............100 Kissling, J. P. & L. A..........112 Pag* Kloes, F. J....................123 Kohler, Chas. S................lOii Kopp & Co., H. C...............112 Kurz Co., Wm. F. M............112 Lackman, Otto ................112 Lawyers Title & Trust Co.......110 Lawrence, Blake & Jewell.......100 Lawrence Cement Co.....4th Cover Leaycraft & Co., J. Edgar, Front Cover Leist, Henry G............2d Cover Lesch & Johnson ...............123 Levers, Robert ................112 Losere, L. G...................112 Manning & Trunk ........2d Cover Martin, Samuel H........2d Cover May Co., Lewis H.........2d Cover JIcMnhon. Joseph T............114 Milner, Joseph ................113 Mississippi Wire Glass....4th Cover Monell, F. Bronson........2d Cover Moore, John Constable..........113 Moore's Sons, Morris, Inc..2d Cover Advertising: Index Page Moors, J. K...............2d Cover Morgan Co., Leonard...........113 Muhlker, Arthur G.............113 Murray & Sons, Inc., John A...118 Murtha & Schmohl.......4th Cover Nail & Parker .................100 Natanson, Max N..............114 Nehring Bros.............2d Cover New York Edison Co., The......121 New York Title & Mortgage Co.. 100 Niewenhous Co., Inc...........lio Noyes & Co., Chas. F...Front Cover Ogden & Clarkson Corp....2d Cover O'Hare, Geo. L................100 Oppenheimer, Fred ............112 O'Reilly & Dahn...........2d Cover Payton, Jr., Co., Philip A.......114 Pease & Elliman......Front Cover Pell & Co., S. Osgood...........12j Pendergast, John F., Jr.........112 Pflomm, F. & G........Front Cover Phelps. Albert D...............112 Pomeroy Co., Inc.. S. H.........120 Porter & Co...........Front Cover Quell & Quell ..................112 Read & Co., Geo. R.....Front Cover Realty Co. of America..........100 Rickert-Brown Realty Co.......118 Rinaldo, Hiram ................112 Ross, Frank U.................120 Runk, Geo. S..................112 Ryan, George J...........2d Cover Schindler & Liebler ............112 Schweibert, Henry .............112 Seaman & Pendergast ..........112 Shaw, Arthur L................113 Shaw, Rockwell & Sanford......112 Simberg, A. J..................120 Sherman & Kirschner ..........lio Smith, Malcolm E., Inc.........112 Smith, Gerritt, Mrs............114 Solove, R......................120 Spear & Co....................112 Speyers, Inc., James B..........113 Spotts & Starr............2d Cover Sterling Mortgage Co...........Ill Straus & Co., S. W.............123 Tabolt. Jacob J................112 Title Guarantee & Trust Co.....100 Tyng & Co., Stephen H., Jr......100 Union Stove Works ............118 United Elec. L. & P. Co.........109 Van Valen, Chas. B.............108 Vorndrans Sons. C.............120 Walsh, J. Irving..........2d Cover Watson, Elv. Co., Inc.....4th Cover Weill Co., H. M................108 Wells Architectural Iron Co.....120 Wells Sons, James N......2d Cover Westergren, Inc., M. F...4th Cover White & Sons, Wm. A..Front Cover Whiting & Co., Wm. H..Front Cover Whitney-Foster Corp............112 Williams-Dexter Co............113 Winter, Benjamin ..............108 Wood-Dolson Co.......Front Cover Wyckoff, Walter C........2d Cover Zittel & Sons, Fred'k......2d Cover A Positive Foundation Upon Which to Build The Federal Reserve Board, in its January bulletin, declares that "the most encourag¬ ing feature of the business situation is that a positive foundation apparently has been estab¬ lished upon which to build development during 1922." Governor Harding believes that the country as a whole has passed safely the points of danger entailed in after-war deflation. One positive foundation upon which real estate and construction interests can eflfec- tively build their business is regular, consistent advertising in THE RECORD AND GUIDE For 54 Years the Authority in the Metropolitan District. Phone Bryant 4800 and a representative irill call.