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Real estate record and builders' guide: v. 18, no. 437: July 29, 1876

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STATE KECORD AND BUILDERS' GUIDE. YoL. XYIII. NEW TOEX, SATUEDAY, JULY 29, 1876. No. 437. Published Weekly by THE REAL ESTATE RECORD ASSOCIATION. G. W. SWEET...............President and Treasurer PRESTON I. SWEET...........Secretary. TERMS. ONE YEAR, ill mlvance___§10 00. Communications should be addressed to •O. TV. S'W.liJ.ET, Nos. 345 AND 347 Broadway. MARKET REVIEW. REAL ESTATE MARKET. Fortv-sevonth sfc.,n.a., 400 e. llth av., 25x100.5, toFai^uy Albert.............................. 10.000 Eleventti av., e. s., 148 n. SOth St., house and lo^, 24.8x100, to Francis Frey...................... 4,118 Thirty-seventh st., s. s.,350 e. 10th av., house and lot, 25x98.9, to John Miers................ 6,700 The foreclosure sales during the past week reached the extraordinary total of nearly one million of dollars; but all tho property disposed of was purchased by parties in interest at prices barely up to tho amount of the first mortgages. The most interesting sale of the week was that of four blocks of land belonging to the Indnr^trial Exhibition Company, bounded by Third aud Fourth avenues, Niuety-tighth, and One Hundred and Second streets Mr. Harnett sold one quarter interest of this property for five dollars over the mortgage of $055,205. During the sale it was considered that this proceeding was the end of this much-talked-of company; but somehow the projectors still continue to advertise their bonds to the astonishment of those who are not acquainted with the financial condition of the company, and who would be glad to see an accurate statement of all matters con¬ nected with this concern. Tho following is a summary of pubUc sales at the Ex¬ change during the past week: Av. B, e. s., 86.1 n. llth St., four-story brick house aud lot. 17.2x71, to WilUam MiUer...... $6,900 Av. B., e. s., adj., four-story brick house, and lot, 17.2x93, to same.......................... 8,0C0 Ave and 13th st., s. w. cor., four-story bric'li house and lot, 30.4x70, to T. H. Young......... 9 800 Fourth St., n..«., 276.3 w. Av. D, brick building and lot, 20.3x96, to A. and F. Sterne.......... 7 700 Niuety-second St., s. s., 200 e. Sth av., 25x100, to Emigrant Savings Bank (Plaintiff)......... 4 300 First av., e. s., 76.5Ji n. 47th st., slaughter house and plot, 49.5^x05x25x15.6x70x69.6x26 8x Gx49,9i!i.x80, to Henry Eisner (Plaintiff)....... 48,500 Filth av., e, 8., 68.10 n. 85th st., four-story brown stone house and lot, 22x100, to V. K. Steven¬ son, Jr..................................._ _ 32 000 One Hundred and Tliirtieth st., n. s., 294'e'.'5tli "' av., 16x99.11. house and lot, to Andrews Sober (Plaintitf).................................... 9050 Tbird and 4th avs., from 98th to 102d st., i blocks oi laud, each 201.10x900. the proposed site of the projecled Industrial Exhibition Buildings to D. and A. M. Alterton, and others, (v.- in- teri-st).................................__^__ 655 205 Fourth av., w. s., 46 n. 18th st., house and* I'oV, 23xG0, to Ernst Knuder.................... 12 40O Madison av., e. s., whole block front, from 76th to 77th St., 204.4x45, to James W. Smith (Plain- mil: •:;•"-.................................... *5,ooo Jiiglitieth St., s. s., 150 6. 2d av., three-story brown stone house and lot, 25x102, to Henry D.Eauney (Plaintiff)........................ 7,625 imrty-seventh st., n. s., 80 w. 3d av., three- story brown stone house and lot, 14.8x80, to C. It. Harvey................................... g 250 Tentli av.. w. s.. Lot No. 3 on Map'No.'Ggi'ofFoVt boorge property, to John H. Dickman (Plain- ■ui'„';■■••..................................... 6,100 J^iDgsbridge road, n. s., 150 w. Emerson st., lOOx loO, house and lot, to George H. Peck (Plain- .tiffl............................... 4250 Fjtty-elghth St., n. s., 95 6. Lexington av.VsOx ■11)0.5, to Catherine Weber (Plaintiff).......... 10 500 "ne Hundred and Twelfth st., s. s.. 119.7 e. 4th av., house and lot, 17.1x100.11, to D. E. Kendall. 7.500 seventh av., from 131st to 132d st., 199.10x150. lo Isaac L. Kip (Plaintiff).................... 16,850 i^iverside av. and 104th st., n. e. cor., 114.5xl00x 112.5x100, to Trustees of Wm.Furniss (Plain- ■R„,°'----:.....................................i 10.000 ■Boulevard and 102d st., s. e. cor., 76x100, to pf^e.......................................... 8.500 ttreene st. (Nos. 194, lUX, 196 and 198), e. s., 222 s. Amity St.. 4 houses and plot, 82.10x70xll6.lx 70.toA. J. Dittenhoffer........ .............. 58,000 Total for week..............................$997,251 ----------------------*-~4-^^^--*---------------------- BUILDING MATERIAL MARKET. BRICK.—Eeeeivers of North Eiver hards are still without many prospects of a decidedly encouraging or stimulating nature. That a goodly amount of stock will be wanted ou local account (including Brooklyn) there is no doubt; but the indifferent manner and cautious policy of buyers indicate a continuation of a slow, uni¬ form business, with small probabilities of infusing any¬ thing in the way of positive buoyancy on a basis of de¬ mand. A reduction of supplies may temporarily give the selling interest an opportunity to advance prices; but experience has shown that an increase of cost soon affects consumptioH, and buyers withdraw to await a reaction. The shipping outlets, too, as before noted, aro very much smaller than common, and the market has no good safety-vent through which to exhaust sur¬ plus accumulations. Business has been dragging along slowly since our la^t, witijout any great change on cost, and the position is nominally steady. Holders do not torje sales, as it is evident that the leasi attempt to realize would nec^'ssitate a concession, and sometimes have hard work to obtain extreme quotations, few lots going above $5.25 for Haverstraw and $4.50 for "Up-river," though not many ol the latter are arriving. Pale brick are worth about $2.50@2.75 on the average, but are not plenty, aud now and then au extra fine cargo will reach S3 per M. Fronts fairly active on the ordinary distribu¬ tion, and prices steady. There is said to be some uncer¬ tainly as to the grade to decide upon for one or two con¬ tracts now about being given out. It is to be hoped that the superior advantages of Baltiinoies, to v;hich we have before made refereuce, will uot be overlooked. We quote: Palo, per M. $2.25@3; Hards, Up-river, $4©4.75; Haverstraw Bay, $4 50@5.50; Fronts, Croton—brown, $10; dark, $11; red, $12; Philadelptiia, $23@27; Balti¬ more, $34®38, Yard prices, delivery included. $2@3 higher on ordinary, and $5@6 on fronts. CEMENT.—There is a little irregularity in the de¬ mand for Rosendale, some agents reporting slow sales and others orders full up to the amount they have to offer. Considering, hewever, that the offerings are moderate, consequent upon the reduced production, and allowing for the cautious consumption, the business probably can only be called fair in a general way and dull on local account. We continue to quote on stand¬ ard brands at $1.10 for Roseudale on "Creek" and $1.20 here. Foreign meeting with a moderate inquiry, to ar¬ rive and from store, and ruling about stexay, with fair though not excessive offerings. We quote, from pier and yard and according to brand, as follows: Portland, $3.40 ®4; Roman, $3.60@4; Keene, $7.75@8 for coarse, and $11.75@12for fine; Martin's, $7®7.25 for coarse, and $11©11.25 for line; La Forge, Portland, $4.10®4.25a and Lime of Teil. S2.85®3. GLASS.—A few dealers in French window glass have been doing a little better business, but this is not gen¬ eral, and the majority of the trade report a continua¬ tion of the dull tone, and not many satisfactory features on the market. Stocks are full, and values remain nom¬ inaUy unchanged. We quote at 60 and 20@60 and 25 per cent, discount. English glass steady, but quiet. American moderately active, and ruling about steady for good brands, but developing no buoyancy. HAEDWAEE.—A few buyers have made their appear¬ ance from the interior, and a moderate caU comes from near-by and local sources, but the demand is by no means active as yet, and dealers easily satisfy all cus¬ tomers. Stocks are now in pretty good shape, and price lists continue to undergo revision for the fall trade. Strap and T hinges continue unsettled and quotations somewhat nominal, though 65®60 and 5 fi cent, dis¬ count are quoted by many. The manufacturers 01 wrought butts have issued a revised list making a reduc¬ tion on the cost of some of the leading kinds. The Stan¬ ley Works make the foUowing changes : Bronze narrow butts are now quoted 20 fi cent, discount, before 15; do. light narrow do. 30, before 25; bronzed light iuside blind do. 30, before 25; loose pin and loose joint do. 30 and 6; light narrow smooth bright iron do. 30 and 5. be¬ fore 25 and 6; narrow do. 26 and 6, belore 20 and 5; nar¬ row butts 40 and 6, before 30 and 5; black flaps, inside blind, and table do. 35 and 5, before 30 and 5; chest and pew door do. 40 and 5, before 30 and 5; broad and re¬ versible do. 40 and 5, before 35 and 5; wrought hasps, hooks and staples 40, before 30 and 5; heavy and extra heavy hinges, strap aad T do,, long chest do., hinge hasps, and crate hasps GO aud 5; bulk shutter aud flask hiuges net, before add 20; and jaisanned screws, Ameri¬ can Screw Company's list of December 1st, 1875, 30, be¬ fore 15. Crooke & Co.'s list is as follows : Bright iron— Narrow, 40 and 5 fi cent, discount; table, 35 and 5 do. do.; loose pin (rcversitde), 40aud 5 do. do.; loose joint, 40 and 5 do. do. Patent-faced iron (bright and smooth) —Narrow, 25 and 5 fi cent, discount; light narrow, 30 and 5 do. do.; li ;ht inside blind, 40 and 5 do. do.; light inside blind, loose i)in, 2-inch, GOc. per doz., 5 fi cent, discount. LATH.—We find very much the same general features ruling on this market noticeable since tbe season first fairly opened. The demand is small„not only here, but from all points to which sellers usually turn for relief, and repeated trials have shown the impossibility of forcing a more liberal outlet, buyers taking just about what they know they can use and then stopping short. Mauutiicturers and receivers therefore have to bring all their judgment to bear upon the regulation of supplies to the outlet, aud their success in tbis matter deter¬ mines values. An even balances keeps prices about steady, a positive scarcity alone wilt give au advance, but only a slight surplus causes weakness, and an accu¬ mulation of a very few unsold would be pretty sure to result in a break. As we write there does not appear to be much stock offering, and the market is quoted firm at $1..')0 per M. LIME.—The geaeral market continues rather dull aud wi hout many features that can be called new or in¬ teresting. Eastern arrives moderately, as it is useless to order it forward tintil wanted; but receivers complain and say they would be much pleased lo see an increased and more deeply interested attendance of buyers even at the comparatively low rates ruling. State stock, too, is in small supply, neither the price nor demand present¬ ing attractions to manufacturers, and'the kilns are not likely to be started up until general consumiDiion com¬ mences to assume more encouraging proportions. Ou all grades prices remain much the same as before, though it is probable that COc. would be accepted for full cargoes of State. We quote nominally as follows: Rockland. 85c. fi bbl. for common, and $1.25 for finish¬ ing; North Eiver, 60@65c. fi bbl. tor common, and $1® 1.25 for finishing. LUMBER.—The wholesale market generally must still be written dull, both as regards coastwise receipts or the disposal of supplies from the interior through agents and dealers' hands. There has in some quarters been rather more business doing than last wsek, and there seems to be a disposition to magnify this into a re¬ vival of trade, but; it is simple lolly to put forth such nonsense, as it only tends to mislead and injure all in¬ terested. A few operators, through good luck in stum¬ bling over customers, or • who inay happen to control certain outlets or peculiarly desirable goods, are very naturally to be found now and chen in cheerful mood, but the general average of the trade are unable to ob¬ tain any encouraging distribution of their stock. The consumption keeps within the same narrow, cautious channel, and the export outlet shows no signs of widen¬ ing. Stocks here are not as large as usual by any means, but fully in proportion to the drafts made upon them, even with the moderate arrivals to make good deficien¬ cies. Buyers, in fact, are simply working along on the hand-to-mouth policy, find what they require without difficulty, and refuse entirely to be frightened into an¬ ticipating their wants by any cry of short supplies. Speculation is decidedly out of fashion on the lumber market. Eastern spruce has arrived in moderate quantities, and one or two buyers, who happened to be temporarily pressed for stock, bid comparatively full figures and seemed anxious. The demand, however, was by no means general, and it is suspected that even the apparently willing operators were merely bold because they were sure of getting no stock, and would fall back into an in¬ different tone ona very slight increase of offering in hopes of discouraging receivers and obtaining conces¬ sions. Poor or even only good randoms are nominal, but cannot be depended upon above $12; choice would not readily exceed $13, while it must be a remarkably fine special to command better than $14 f, M. Pickets dull at $8 for common, and $10@11 for clear, inch. White pine seUs moderately on local consumptive ac¬ count, and a few parcels have been taken to fill shipping orders. Supply and assortment, however, are alike equal to aU calls, and holders still willing to accept tormer rates. It is hinted that recent offers of stock have been made from the interior at very low figures, especially for cash, and that some of the "private terms" sales reported on distributing markets would show much under currently named figures. We quote at $18@19 fi M for shippers, 10-inch and upwards; $15@17 do. for do., 10 and 12-inch, and $13.50@15 fi box, 8 and 12-inch. Building timber, $30@35. Yellow pine ia steady, and on orders meets with somQ