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Real estate record and builders' guide: v. 18, no. 439: August 12, 1876

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ECORD AND BUILDERS' GUIDE. Vol. XVIir. NEW YOEK, SATUEDAY, AUGUST 12, 1876. No. 439. i 4 Published Weekly by THE REAL ESTATE RECORD ASSOCIATION. C. W. SWEET...............PiiESiDENT and Tbeasueeb PKESTON I. SWEET...........Seckbtar-t. TERMS. ONE YEAR, ill jwlvaiice___.^10 00. Communications sbould be addressed to Nos. 345 AND 347 Broadway. MARKET REVIEW. EEAL ESTATE MARKET. The public sales at the Exchange during the past week were devoid of interest, and were only attended by those more or less concerned in the litigation of the,various foreclosures. Outside the Exchange there is noticeable a more confl- dent tone as to the renewal of activity in the market at an earlier date than was anticipated. That confidence appears to be based upon the prospects of a better fall trade than has been experienced in New York sIlco iho panic. Whether this confidence will be supported by actual facta a few abort weeka now must tell, but even with a revival of trade generally considerable time must necessarily elapse before the real estate market can reap the benefit of it, unless, indeed, capitalists now standing aloof from the market are disposed to endorse the views of prominent real estate owners. Below will be found the list of property disposed of during the past week at the Exchange Salesrooms : Sixty-third at., n. s., 100 e. 5th av., 1 lot, 25x 100 5, to T. J. Nichols (Plaintitf).............. $15,000 Sixty-lourth St., s. s., 275 w. 4th av., 1 lot, 25x 100.5, to same buyer.......................... 5,600 TencU av., s. w. cor. 21st st., 1 plot of land, 83.10.xl00, to E. A. Squires.................... 1,150 Twenty-first st., a. a., 100 w. Tenth av., 1 three- story brick house, with lot, 25x91.11, to the General Theolegical Seminary (Plaintiff)...... 8,000 Hudson St. (No. 617), w. s., 1 two-story brick shop, with lot, 24x165.3x24x167.7, to George F. Coddington et al. (Exrs.)(Plaintifla).'.......... 7,000 Thirty-fourth st. (No. 235 East), n. a., 150 w. 2d av., 1 three-story brick building, with lot, 25x 98.9, to Joseph Garry........................ c 400 Tenth av., e. s., 80.10 a. 100th st., 1 lot, 20.2x90, to F. J. Dupignac (Plaintifl''8 attorney)........ 2 300 Cue Hundredth st., s. a., 108.4 e. 10th av., 1 plot of land, 41.7x101, to aame buyer.............. 4,000 Hudson St., w. e.. Lot 1,157 on Map of Church Farm, 1 three-story brick building, with lot, 25x80, to John Anderaon (Plaintiff)............ 11,410 Filty-lourth St., a. a., 75 w. lst av., 2 five-story brick tenement houaea, with lots, each 25x 100,5, to J. L. OlweU........................... 14,050 Forty-third st., n. a., 100 e. 2d av., 2 lots, each 2oxl00 5, to William B. Crosby (Plaintiff)...... 7,950 fc.aveuty-firstst.,n. s.,375 w.lltli av., 1 plot of laud, 50x176x50.3x171, to Catherine Purdy (Waiutifl-)..................................... 15^000 Cue Hundred and Second at., n. a. 333.8 w. Oth av., 1 plot of land, 91.9x101.1x89.2x100.11, to John Ely........................,„.......... g^ooo irospectav., e. s., 489.9 n. road leading from Kuigsbridffo to Woodlawn Station, 2 lots, each 2uxlou, to WilUam F. Lawrence (Defendant) 1,575 First .av., a. w. cor. 62d St., 2 three-story brick flweliings, with jease of plot, 55.7x 52 (leased May 1, 1866; term, lourtieu years; ground rent. $83 per annum), to H. !1. UnderhiU (Plaiutiffi....................... 8,000 Si.^ per cent, discotiut from Am. list; flat head brass wood aerews, 52}^ per ceat. discount from Am. list; round head iron wood screws, 40 per cent, discount from Am. list; round head brass wood screws, 40 per cent, dis¬ count from Am. list. The RusseU & Erwin M'f'g. Co. quote at 55c., and 7J< per cent, discount. The Massa¬ chusetts Screw Co. quote at 52)^ per cent, discount, aud Geo. W. Bruce advances as follows: Flat head wood screws, iron and brass, 50&5 per cent.; roncd head wood screwa, iron aud brass, 40 per cent.; Nettle- fold's superior bright wire goods, 70&10 per cent. About the only other Important change of late pub¬ lished is that by Oliver Ames & Sons, who have issued a new price list for their fhovels, spades and scoops, showing a v^ry general reduction in price, with the dis- c lunt placed at 25 per cent. The agents of the cele¬ brated Gao. Wosteiiliolm cutlery make the following an¬ nouncement: "You aro aware that lor some years IX per cent, has been aiUldd to the'li.-ut the general result Is a vedi:ction, averagiui; nearly 7i^ per cjiit., with perhaps 5 per ci-iii. on a few loaders." LATH.—There has bteu "something new" since our last, and it is a decided break ou values, and under just one of the contlngenciea we have before referred to- About the time our preceding report waa going into type a few cargoes came in together, and, one or two happen¬ ing to be of large size, a surplus was at once created, which took the advantage out of tho hands of receivers, and lelt them the alternative of carrying stock or of lis¬ tening to the reduced bids of buyers. The latter seemed the wisest course, and was accordingly followed, with the result to be found in seUing out most of the stock afloat here, enough dealers being willing to handle mod¬ erate offerings at what appeared a fair bargain after the large cargoes were out of the way. The demand, how¬ ever, was by no means an anxious one, and dealers do not care to see many more arrivals for the present. Ihe lowest rate reachedthat we could leara of was $1.40 '§• M, and the market closes at about this, with a compara¬ tively moderate offering. LIME.—Much the same old uncertain tone appears to prevail on this market, and close, careful figuring is constantly going on, both buyers and sellers looking for the smallest opportunity for advantage. Little com¬ plaint can be, or indeed Is made regarding the cost, which certainly Is low enough; but there continuea a disinclination to purchase beyond known wants, es¬ pecially during the warm season, and dealers handle only euough to keep their trade running. Stocks, how¬ ever, are very small in second hands, and receivers keep immediate wiuts, and preferring to purchase ofti n rather than take anything they would have to carry j them afloat," thus throwlns the advantage rather in On shipping orders to domestic ports, however, a fair j sellers' favor, especially should any increase of con¬ sort of trade has been doing, and manufacturers find j sumption be developed. No change haa been made on thia outlet a sort of safety-vent to the market. Values re- coat since our last, and about all the arrivals have found main about steady at $1.20 here, and $1.10 on''Creek." a market. We quote nominally as follows: Eock- I'oreign continues about the average demand and steady, j land, S5o. fi bbl. for common, and $1.25 for finishing; with no great amount of stock pressing on the ir.arket. j North River, 60@0r>c. ^ bbl. for common, and $1@1.25 Importers, ho wever,|are anxious to take orders, and more j for finishing. liberal supplies could readily be obtained if called for. About 1,2C0 bbls. sold In lots at $3.40@3 7.'). The contract for 3,000 bbls. Portland for use In dock construction was awarded at $3.34>^ 3 bbl., deliv¬ erable withia three months, in lots to suit. We quote from pier and yard and according to brand, as follows: Portland, $3.40@4; Roman, $3 50@4; Keene, $7.75@8 for coarse, and $11.75@12 for fine; Martin's, $7@7.25 for cojirse, aud $11@11 25for fine; La Forge, Portland, $4.10®4.25; and Lime of Teil, $2.85@3. GLASS.—^French window glass haa made one or two little starts into apparent activity and then relapsed LUMBEK.—Dealers say this la the duU season of the year, and they expect to find businesa very slow on all gradea. Not one has been disappointed that we can hear of. The market continues quiet throughout, and though as noted last week there is probably a considerable amount of unnecessary complaint in many quarters, the lumber trade requirea a good healthy atlmtilus about as much as any other on the list. We have been unable to discover anything new since our last. It would appear from certain charters ot vessels to load at thia port with ^ ^ , ^, deala for Liverpool and London that the experimental again Into quietude, and dealers do not as yet find the gijipments irom the West via the New York route are be- posltion altogether satisfactory. Yet the few sales made Ing made and_It issaid with a fair proapect of a^succeaa goto show that buyers are still in exiatence, and there Is a hope that the Fait trade will aoon commence to set in with greater volume. Stocks and assortments are fair, about all offered, and holders willing tO' accept fair bids. We quote at 60 and 20@60 and 25 per cent, dis- ful issue. The direct demand for export, however, amounts to very little on any outlet, few full cargoes be¬ ing made, up, and the amounts sent abroad, as a rale, confined to parcels to fill freight room. On home ac¬ count it is simply impossible to iorce buBiness, and the ^