The Brooklyn Daily Eagle from Brooklyn, New York • Page 56

THE BROOKLYN DAILY EAGLE. NEW YOKE. SUNDAY, OCTOBER 12. 1913. TRI-B0R0UGH AUCTION.

BUILDINGS SOLD THROUGH EAGLE AD. street. The houses are known as Xoa. 501 and 503 West 124th street, each occupying a plot 50x100.11 feet. The transaction involves (500,000.

MOSS PROPERTY TO GO UNDER THE HAMMER ROSLYN TRACT SOLD Dean-Alvord Co. Sells Acreage at Old Westbury Road. Properties in Many Sections to Be Offered Wednesdav. i Among the Brooklyn, Long Island avenue, running through to south side' of West Third street, a one-story flam building, on a plot 44x180. ami- in Bay Ridge, Brooklyn, a plot 20x180, in thr south side of Eighty-fourth street, sltu-ateu 253 feet east of Fourth avenue.

I MADISON- STREET SALE. Studwell and Burkhard have sold Madison street, a two story and basemen frame dwelling on a lot 25x100 feet, fur Mrs. J. Douglass, to John Lawlor, a former real estate broker of the Bedford section. FAITH IN BAY RIDGE PROPERTY "That shrewd purchasers have faith in the future of the Bay Ridge section is reflected in the sales I have ju3t made," said F.

C. Sauter, "where contracts were closed for four two-story two-family houses in McKlnley court, to purchasers who will hold thorn for Investment." 340 Were Bronx Lots Held by Estate, to Be Offered October 28. City and Manhattan properties to be offered October 15 at 13 o'clock noon at the Exchange Salesrooms by Bryan L. Kennelly are 163 West Seventy-ninth street, between Columbus and Amsterdam avenues, a four and a half story American basement dwelling on a plot 17x102.3, the northeast corner of Ninety-sixth street and Lexington avenue, 100.11 feet in the avenue and 25 feet iu the street; also list East Thirty-ninth street, between Park and Lexington avenues, a a nn a nlnt ft A tract ot thirteen and a half acres at Rosylyn, owned by the Dean Alvord Securities Company of Rochester, has been sold by Morris Gerard. It begins at the southwest corner ot Mineola avenue and old Westbury road, having large frontages on both.

The property Is located In one of the best sections of the North Shore of Long Island. The purchaser is Jacob Schawel of New York City. Ho will erect a residence Immediately for his country home. The RICHMOND BOROUGH SALE. The estate of Cornelia P.

Snowden sold through Cornelius G. Kolff to Tbeodor Tolfsen the dwelling 170 Domorest avenue, on a plot 40x75. Westerleigu. State Island. AT VESEY ST.

SALESROOMS. PARK SLOPE SALE. H. Peace Son have sold the fire story and basement building, 313 Garfield place near Prospect Park West, to a client for occupancy. In Long Island City.

to 23 Borden I P. property Is near the estates of Edwin C. i Willetts, E. Cass Cantleld and William F. Shechan.

Property to Be Auctioned by J. Say and J. C. Davies Is Last Large Parcel in Vicinity. ACTIVITY AT MOUNTAIN LAKES.

WHERE TO GET GOOD Building Projects TJnder Way. Houses Recently Sold. Building at Mountain Lakes, the residential park In New Jersey, has been very active during the past three weeks and a number of plots have been sold In the past week which will be 'Improved with homes. This activity Is an evi The first large public offering of property in the West Bronx since the Gouveneur Morris sale of three to four years afto ami that promises to bo the last Important realty auction of 1913, Is listed for October 2, when the 310 lots owned by the Mosj Estate, will be sold In the Vescy street salesroom. The sale will be conducted by Joseph 1.

Day and J. Clarence Davies. The Moss holdings are bounded, roughly, by Jerome avenue on the east, Macomb's road ou the west, UlitU street on the north and Belmont street on the eouth, la the very heart of the section which will bo must benefited by the subway extension up Jerome avenue. Besides The Above Picture Shows the Two Four-Story Tenement and Business Buildings on the Northwest Corner of Quincy Street and Patchen Avenue Which Were Sold by J. Howard Ashfield.

as Broker, for J. F. Holler, Builders, to the Spar Realty Company, Which Gave in Exchange for the Property Lots at Belle Harbor, Which Will Be Improved With Homes. The Building Covers a Plot 50x100. The Sale, Mr.

Ashfield Says, Was the Direct Result of an Eagle Advertisement. BUILDING MATERIAL dence of the demand for homes In the commuting zone of New Jersey. Very few residential sections have been developed with the care that has been given to this very attractive locality. Six stores of Old English architecture have been erected within the last few months for the convenience of residents. Only one store of a kind is to be operated within the park, there being a fixed purpose to maintain this work strictly as a residential section.

The following sales have been reported the past week: To W. E. Wilson of Manhattan, concrete home of ten rooms, 200 xl50 feet, located ou plot overlooking Mountain Lake; to John B. Barlow, of Manhatan, a commodious homo of English architecture on grounds with actual shore frontage on Mountain Lake; to Thomas B. Spencer, house, on plot and 50, with 200 foot frontage located in block commanding superb views of the lakes; to Martha Gugla, store No.

1, which will be conducted as a department store. similar In extent to that now enjoyed by the easterly section of the Bronx, through the subway-elevated transfer privilege at 140th street, but with noue of Its Inconvenience, since through trains from both Lexington Avcnuo subway and th west side lines will be operated ovtr LAUNDRY WORK Where Shirts Are Starched and Ironed by Hand Where Colored Shirts Are Washed Without Fading Where Collars and Cuffs Are Starched Medium Stiff and Pliable which Means Comfort in Wearing WAGONS EVERYWHERE Telephone or Write to: Structural Steel to Drop in Price October 15. a frontage or ahout ieot iiuriy- eight lots) ou the west side of Jerome avenue, the property also includes the two block fronts ou the east side of that avenue, from 174th to 17Gth street, an additional thirty-one lots. So that more than one-fifth of the entire offering 1b made up of lots facing the main artery of the section. Jerome avenue to the east and Macomb's road to the west, are both 100-fcet thoroughfares, while Grand avenue and Featherbed lane, both of which Intersect the property are opened to the width of SO feet.

The Moss property, which Is the last large parcel 1n that vicinity available for immediate Improvement, has been held In the Moss family for about half a century. Theodore Moss died In 1901. Despite the fact that this neighborhood is about to enter upon what many think will be the period of its most rapid advance In value, the Moss heirs are anxious for a division of the estate and have decided that the auction room, even though it will probably mean sacrifice, is the quickest Those who have examined in detail LOFT IN $500,000 TRADE Ten-Story Building in Manhattan and 102 MONTAGUE near Hick St. Tel. 2807-M Miia.

103 MESER0LE nr. Manhattan Ave. Tel 2128 Greenpeint. 4820 FOURTH near 49th St. Tel.

3440 Sunset. 1067 CONEY ISLAND near Ave. G. Tel. 5223 Fl.lbush.

1151 ROGERS near Clarendon Road. Tel. 5070 Fl.lbush. 465 ROGERS near Lincoln Road. Tel.

5391 Flslbu.h. 746 CRAVESEND near Sixteenth Ave. Tel. 9153 Flatbnsh. 1356 ST.

JOHN'S nr. Schenectady Ave. Tel. 6271-W Bedford. 1636 NOSTRAND near Tilden Ave.

189 PARK near Clermont Ave. 338 GRAND near Marcy Ave. 489 GRAHAM near Bayard St. 482 CRAVESEND near Church Ave. 106 SOUTH OXFORD near Fulton St.

85 PROSPECT PLACE, near Sixth Ave. 5308 SEVENTH near Fifty-third St. 83 SEVENTH near Union St Tel. 336-J Prospect. 473 TOMPKINS near Fulton St.

Tel. 3388 Bedford. 194 RALPH near Decatur St. Tel. 3456 Buihwick.

1173 BEDFORD near Putnam Ave. Tel. 8294 Bedford. 1078 PUTNAM near Broadway. Tel.

2088 Buihwick. 344 FRANKLIN nr. Lexington Ave. Tel 1S33-W Prospect. 699 PROSPECT PLACE, near Bedford Ave.

Tel. 1460 Prospect. 273 TOMPKINS near Lexington Ave. Tel. 2382 Bedford.

738 FULTON near Cumberland St. Tel. 2141-J Prospect. 5409 FOURTH near 54th St. Tel 4845-R Sunset.

278 SEVENTH near Sixth St. Tel. 1966-R South. 250 NINTH near Prospect Ave. Tel.

1966-R South. 648 BEDFORD near Penn St. 173 FIFTH near Lincoln Place. 1524 FLATBUSH near Glenwood Road. what is In store for this section under the dual plan of rapid transit find much more than the mere fact tnat there is to be an elevated road up Jerome avenue.

This route has been paid out as the westerly branch of the Lexington Avenue subway. Equally Important is tho fact that the Jerome Avenue line Is to bo connected with the west side system at 155th street, so that residents of the west Bronx will have the choice of east Fide or west side routes down through Manhattan. This will mean a service Elevator Apartments la Deal. William H. Hall has bought through E.

Francis Hillenbrand from the Security Bank of New York, Richard 1. Brewster, vice president, the ten-story loft, office and store building, 29 West Seventeenth street, midway between Fifth and Sixth avenues, Manhattan. The structure occupies a lot 25x92 feet, and was hold at $250,000. It Is known as the Garfield Building. In exchange for the loft building Mr.

Hall gives the two six-story elevator apartment houses known as the Alta-mont and the Coverly, at the northwest corner of Amsterdam avenue and 124th the Jerome Avenue extension. So far as stations are concerned, the Moss holdings have been particularly well treated in the laying out of the Jerome avenue route. At tho southerly and northerly limits of the property, that is, at Belmont street and 17Cth street, there will bo local stations, while the next stop north of 17Uth street. Burn-side avenue, will be an express station. Present translc tauilltics also afford a choice of routes from this section to the lower parts of the city.

A five-nilnutrs' trolley ride, or a walk not too long for a morning and evening "constitutional," brings one across Washington Bridge to the 181st street subway station. By the Jerome avenuo trolley it Is only a slightly longer ride down to the elevated terminal at 155th street. The Jerome avenue line connects with the whole of the Bronx trolley system, whilo a block north of the property to bo sold is Tremonl avenue, the principal erosstown thoroughfare of that region. liven the seemingly endless deluys In settling the subway problem have not hern able to check tho building up of this part of the West Bronx, so that the Moss Kstato Is In tho midst ot a district where enough has already been done to insure improvement along high-class lines. Just to the south are new live and six-story apartment houses, or what used to bo part of tho Ogden Estate, where Mr.

Dny sold lot3 six years ago fur $1,600 mid $1,7011 each that nro now held at $5,1100. Similarly, to the west, tho property subdivided and sold at about the same timo by the Century Realty Company is dotted here and there with new structures. Flanking the Moss holdings on the north Is the University Heights neighborhood with its many line residences. Builders who have gone into this section are said to hove been uniformly successful and to have found little dilll-culty in getting tenants for their houses upon completion, at routs averaging from $8 to $0 a room. With its large frontage on Jerome avenue it is anticipated that the subdivision of the Moss property will open up what has hitherto been, through conditions of ownership, tho Inactive area in rn otherwise progressive section and will have stimulating influence on a good deal of tho surroundlne territory.

This property has been lying dormant for many years, and when rapid transit is opened through this section, property will jump as rapidly in value as It did In the East Bronx when the subway was opened there. Lots In the East Bronx were selling in 1904 for $750 to $1,000. The subway started running November 21 of that year and Blxty days afterward the price of lots rearhed $4,000 to $5,000, 1 Structural stoel Is scheduled to drop $1 to $3 a ton on October 15. On the same dato Hudson River common brick will move up at least two shillings. Gravel, although In heavy demand, will not be changed on quotation.

Llmo will also enter the winter seoson without change of price. Crushed stone, whilo stiff, probably will stay at present levels. There is nn Improved demand for flue-lining, sewer pipe and other clay products entering building construction, chiefly In alteration work; hence concessions are harder to get. Pendlug the outcome of the currency legislation at Washington, building money will continue tight. Such is the status of the building materials market as the week closes.

Whether the new tariff law was a factor In bringing dowii the cost of steel entering building construction Is a matter of opinion. A disclaimer was entered against tho allegation by Pittsburg, but loca. builders were inclined to consider tho new imposts on steel as merely a passive factor in the decision to drop prices. The chief Influence was ascribed to the continued shrinkage of the unfilled steel tonnage during the last few months, and extra Inducements had to bo made to overcome the retraction In building construction, particularly in the metropolitan district. While steel ordinarily is considered a reliable guide to the price fluctuations of all local basic building materials, It Is now distinctly at variance with other departments.

Steel will drop, but Hudson River common brick will advance. It should be stated, however, that the advance in brick does not reflect a great increase in demand. It is a seasonable movement based upon the short supply under tho shed up the river and the approach of the covering season when brick are held in store on barges for winter requirements In this market. Under normal circumstances steel prices would also move up at this time of the year. With the drop in steel prices, however, It would not surprise many to find that other lines than steel will encourage new construction work just as soon as financiers can see their way clear under the new monetary conditions.

Readjustment of the w'dole business fabric must be effected, but it is the opinion of moneyed men that this will very quickly be accomplished, and that building construction will begin to show Improvement as the spring renting season approaches. Tho lumber market has shown practically no fluctuation during the laBt week "tmM candles" for the little folks nrn just muuu appreciated by them as ar Wallace's Chocolates and Candies by the grown-ups. Absolutely pure, and deliciously flftviired. ARDMAN HOUS: A Musical Institution and What It Offers You Also very popular at afternoon bridge parUes and luncheon. Mad In a brilliant variety or shaues.

colors, llavora and fan cies to match any decorative color scheme. "Wholesome, up- netlzinK, delightfully refreshing I something to pioaao every i taste. Cntirtlen of rliarneler" -lliey mvecten llfp. HOc. and 91 the pound.

Wallace Co. 480 Fulton Brooklyn 10 Cortlandt St, N. Y. Silsbe's 509 Fulton St. PoM also at stores which cater to discriminating patrons.

ARDMAN HOUSE is in the very heart of the shopping district, on Fifth Avenue, between 38th and 39th Streets. It is a most convenient place to reach and its location does not mean that the instruments we sell there are all expensive; far from it we have pianos here to suit every purse. 1 Established in 1807. was made in one of our fac- Every new instrument we sell tories, and is guaranteed by us. or two.

Current price UBts are neia iair-ly steady, but it has a tone that Indicates continued firmness despite the lack of new building projects and hesitancy on the part of dealers to stock. Other departments, with the exception of clay products, entering alteration Jobs continue to show an Inclination to restrict production, but to keep prices steady. Concessions in materials are still generally liberal, and long credits are given to responsible purchasers buying fair quantities. Speculators in the market for materials find credit hard to get and must pay full prices. Structural Material Cut.

The bear element In the building ma-teriar market has accomplished Its ob HOME FURNISHERS Our prices are as low in every case as we can make them, quality considered, and the very fact that you rarely find a Hardman Piano offered in a sale of exchanged instruments shows the satisfaction given by the Seventy-three Thousand now in use. ject. Prices of structural steel and allied products will drop on or about October 15. according to advance Information received by large consumers In this city this The HARDMAN Piano from $425. THIS is the world's most artistic piano, chosen by the Metropolitan Opera House for its beauty of tone.

The Hardman Metal Key-Bed a patented device that no other piano has im-' parts a permanently even touch. The Harrington Piano from $275. FAR and away the best of the moderately priced pianos. Made under the direct supervision of the Hardman experts and guaranteed by us. The Hensel, An Artistic Piano, $250.

THIS is an artistic piano that we feel is superior to any other made at its price a piano that we its makers guarantee and sell for the same price that many undiscerning people pay for a nameless instrument. The Autotone From $550. W-pHE Perfect Player-Piano" such is the 1 title given this wonderful instrument, the only Player-Piano used by Caruso and many more of the world's greatest artists. week. Some of the important items loi-Iow: Steel plates were quoted early In tho week at $1.30 a hundred pounds, which Is equivalent to $2 a ton.

Black sheets were $2.05 a hundred pounds, nails $1.55, and bars at $1.30. Tho reductions average from $1 to $3 a ton. Butt weld pipe may go off at least $2. Structural shapes are to go off about a dollar a ton. Now York consumers at once Jumped to the conclusion that the new tariff had an Influence In bringing about this change In prices, and the prospective building operators were Inclined to look upon tho price change with considerable satisfaction.

Pittsburg, however, entered vigorous denial that the new Imposts on foreign steel bad anything to do with the change In prices and attributed It solely to the opening of a campaign for more business made necessary by the slump in building operations. Tho fact remains, however, that the continued narrowing of the unfilled tonnage, coupled with the removal of tho Impost burden on foreign steel and tho hesitancy of building money lenders to make engagements on estimates which the tariff might have the effect of changing, all contributed to the lowering of steel prices. EVERYTHING FOR HOUSEKEEPING For Artistic Folk Carpets and Rugs should mean more than mere substitutes for bare floors. Those who are eager to find the proper foundation for their furnishings, or for any decorative "scheme" they wish to work out, will discover better things than they dream of in our extensive Autumn Stock. Plain Color Carpetings Wilton Velvet, per yard $1.75 (Formerly $2.25) Old rose, green, French gray, brown, pink and tan; border and stair carpets to match.

All Wool Ingrain, yard wide 80c (Formerly $1.00) Variety of plain colors and two-tone effects. FURNITURE not only of utility, but of great artistic beauty is displayed here in a multitude of woods, upholsteries and designs, at unusually Low Prices. SPECIAL CARVING SETS Formerly Now Pearl and Sterling mounts $16.00 $12.50 Stag and Silver $10.00 $7.00 Horn and Silver $5.00 $3.50 White handles $4.25 $2.50 3 pieces; best Sheffield steel; handsomely lined cases. LONG CREDIT brings the realization of every homefurnishing wish. Plainly Marked Prices 10 Discount for Cash LONG CREDIT LOW PRICES Fiatbusli AmFulton St The PLAYOTONE, $425.

THINK of it $425 for a Player-Piano, made in the same factory that produces the world-famous Autotone. The Playotone is a Player-Piano that we fully guarantee. An instrument that is made throughout piano and player alike by the same workmen and its complete excellence is insured thereby. Our Exchange Department offers exceptional bargains in Guaranteed Pianos and Player-Pianos of our own and other standard makes. A tn Tpfms' Yu may pay us a deposit on the purchase price of any of our instruments and lO 1 ci mo.

wg wjjj deliver.it to you immediately then you may complete your payments in small weekly or monthly installments, just as you wish. Liberal allowance for old pianos taken in exchange. Write for handsomely illustrated catalog. HARDMAN, PECK CO. SALES AT MOUNTAIN LAKES.

The Mountain Lakes Residential Park Company has sold to W. E. Wilson of New York City a concrete home of some ten rooms, located on plot 200 by 130 feet overlooking Mountain Lakes, and to Mr. John B. Barlow of New York a commodious homo of English architecture on grounds with shore frontage on Mountain Lake.

FOR VARICOSE VEINS-SWOLLEN LIMBS or Weak Ankles WEAR CORLISS LAC ST0CKIN0 rrlnnc her nnil tinkle llortliiK the lilood veMMcla nt tlne point. Lightweight iiplm hie rabrtr. ('un til Ins nn elastic to 1 'rice out or bur n. "New York Stores: a utt a HI or two tor pamft (Founded 1842). boot; adjust paid.

Semi for measurement blank 2. Jf you 524 Fulton St. Brooklyn, N. Y. HARDMAN HOUSE 433 Fifth New York (Between 38th and 39th Street.) 23d St.

Wea of 6 Ave. surfer from M-rnlJed lmMirabio flcera wo vnu. Consultation ran free. W.l'orllim Mml Kpee.Co W0 W. JiM X.

udjoin-jt'T Until' Ktik-Iu.