The New York herald., 1921-03-14
U. S. MARKETS FEED
FOREIGN BUILDERS
Outflow of Materials Likely 10
Increase Prices Here; Late
Realty News.

AEul ~ @NNF's
what ~ generally considered 20 DO
sbout the last expedient 10 meet the
expectations OF mo prospective builder
cntering tho construction market early
ehir spring is tho reduction OF dealers
pror1t for brick delivery, effective this
date. TO 10 per cent. instead Of - per
cont. which was the former rate, ae-
cordins to the current Dow Service
daily building reports
In complement with this action upon
the part of the distributors comes the
announcements or q resumption Of &C.
ment mills IN the Lehigh district, which
~ the main source Of cement supply
FOR this market and which represents
approximately one-third Of the national
industly's annual output Five more
plants viii reopen Ia the near tuture,
the first being the Edison, which VIA
beg4n to operate again ia fifteen DAYS.
This action is 70 be followed by the
HERCULES. Phoenix, Security and VuA-
,anits II the trend or the budding con-
structiop market continues in the way
x Is now headed
In his connection two strong factors
developing within the last few days
may have bearing. One Of these is
an inquiry for tan carloads OF cement
from western New York, 10 De deiiN-
cred within fifteen days following ac-
centance Another fs the report from
Consul General A. A Wtnsiow, whsah
sheds much light on tho situation In me
New Zealand market where every o.
fort is made to encourage the HapoI
tation OF American materials 70 oreah
the market of high priced domestic
materials.
Making Ready for Foreign Orders.
Similar conditions are anticipated ~
other foreign countries showing lnal lne
pressure upon American building ma
terial manufacturers later this year Wail
be greater than is now thought possible
n q significant that the same brick
manufacturer that shipped Hudson River
common brick to France two years ago
has Just completed installation of nls-
chinery, completely remodeliing his
plant so as to be able hereafter 70 make
common brick ell year round, novelty
for the Hudson River district. Other
lines. especially metal products ana
builders hardware and equipment. have
already felt the call for their products
in markets overseas.
The first half OF 1921 Is TO be the
habitation builders heyday. both on
price and supply OF building commodi-
Ties. He will constitute practically the
only market for the building material
manufacturer who is at present hungry
for business. Manufacturers will not be
so desirous for small quantity business
six months from now, IL present eco
nonic tendencies run true.
No one can foretell what transporta-
ton facilities may be in the near future
and many manufacturers are cautoning
dealers to keep a stock on hand while
they are still the dominant purchasing
power Their command OF prices and
delivery conditions will not be of long
duration after the turn OF tho half year.
A single department of the forty-two
basic items in the materials market
proves the trend of events.
Cement Shipments on the Gain.
Shipments of cement from Zones / and
were 80 per cent. greater in February
than in January. They exceed the total
movement of cement in 1920 by $4,000
barrels q day. The three largest com
panies having the greatest manufacture
Ing resources at this date have less than
i.200,000 barrels of marketable cement
Oh HAHu lSdSL auAdNlU the Low service
predicted that there would be a shortage
of 100000 barrels in this district by
March 81, 1921 The chances are that
this statement will be confirmed at the
present rate OF Inquiry and order book
ing.
The entire district or Zone 1. which
Is the main source OF supply for this
market. has 100000 barrels OF cement
less than II had at this time last year.
with the building construction season not
yet started and with road Improvement
work greater factor in demand than
ever before
The year 1921 cannot be inactive in
the construction industry when such con
dftions OF potential demand obtain
against such conditions of actual sup
ply, No account Is taken of export pos
eibiIities. nor IS account taken of any
railroad equipment or material purchas-
ing this spring. Industrial development
10 also omitted from the calculation.
Operator Buys Estate Parcels.
Leonard Well. the operator. has pur-
erased from the Billings Estate Como
ration through Frank G. Van TasseH.
the five story tenement at 334 East
iQ5th street, 20x10O also the three story
apartment house az 35g East Forty,
ninth street. and the three story corner
apartment house with stores az 36l East
Torty-ninth street and SS5 First avenue.
The parcels have been I'm possession Of
tie Billings estate for number or
years and these transactions close out
their realty holdings IN Manhattan.
sells Five story Apartment.
Arthur l.. Shaw sold for the Michel
man Realty Company the I've story
apartment at 552 West 160th street.
s75ax100.
Buyers 10 Improve 34th -. Plot.
r. a. q. Pflomm sold Tor sara II But
Ter The four story building al 26O West
rhirty-fourth street. I4.Gx9S o, and for
roo Kahn the four story building at
es2 West Thirty fourth street. I4sx
as.9. 20 James and owen Devaney. The