The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-01-21
BUILDING PROSPECTS
CONTRACTORS LOOK WITH HOPE
UPON THE COMING SEASON.
than Usual VIII BE Built During
the Summer.


coming year. A number of proposed build
ings are talked of and several important
repairs are expected. Aside from this, it is
thought that the construction of a large
number of small houses and homes will
commence as soon as the weather will per-
NIT. One contractor is authority for the
statement that there will be as many
houses built during 1895 as in any year in
the history of the city. Last year very few
homes were built, as the business situation
was uncertain and unsettled. All business
was suffering from the panic of '93, and the
building business suffered with the rest.
Persons Of moderate means who had con-
templated building last year postponed the
work until the situation could assume a
more settled condition. There were scores
of men with money in building and loan as
socations who hesitated about investing it
in property. They were not sure about their
situations, nor were they sure about real
estate holding its value. But business has
revived somewhat, driving away that awful
fear. Real estate has held it's own, and al
though the market has not been active it
is observed that the prices have not ma
terially fallen. Those persons who had
money on hand and kept it in the hope of
a great drop in the price of property and
the cost of building have been disappointed.
SO the contractors think nothing remains
for them to do but buy and build. 1t is
difficult to obtain any definite informations
from architects and contractors of pro-
posed buildings and improvements. If they
have any such knowledge they hold it, not
caring to advertise their information for
the benefit of every other architect and
contractor in the city. When an architect
or a contractor is called in to make esti-
mates upon a proposed building, he believes
he has a good thing, and he doesn't talk
much about it. But there must be a great
deal of building proposed, for the contrac-
tors seem hopeful and say the season will
be a good one. The season, of course, does
not begin until the close of winter weather,
but the talk heard beforehand is a pretty
good Indication of what is to follow.
Aside from the buildings which have been
mentioned in the Journal from time to time,
there are several small blocks proposed.
Fully a score of fine residences are being
figured upon. 1t is said there are a dozen
or more houses, ranging in cost from 5000
to $4,000, to be commenced in Morton
place at the opening of the season. Taking
architects and contractors feel very well
satisfied with the outlook. The annual re-
port of Building Inspector Pendergast filed
building fell off in 1893 from the amount of
1892, and how in 1894 the market showed a
slight effort to improve. In 1872 buildings
That was before the panic was thougnt OF.
During the year of 1893. the time OF the ne
panic, permits representing put l,ooo
mits show a slight Improvement, aggregat-
ing s21O7115. Mr.. Pendergast says he eX-
poets to see this hs perms issued last
wear indicate that building increased as the
season progressed
Establishing a New Branch.
PARROT & Taggart, representing the
United States Baking Company, are es-
tablishing a new bakery at Evansville,
which will be one of the most complete
plants Of this character in the country
There are larger concerns but none more a3tse
complete in every respect Its capacity
will be to convert eighty barrels or nour
every ten hours into crackers ana thirty,
and cakes. Employment will be given to
seyenty-five people, and double that num-
Der if there should be night worK 1a5 MI al-
Die, and is now turning out more crackers,
bread and cakes than at any time IN IT'S
history, despite the so-called boycott.
The Outlook Frightening.
The Sinker-Davis Company reports quite
an Improvement in business, and especially
in the line of sawmill machinery. This
company is now building a complete band
mill plant to go to Paint Rock, Ala, an
other saWmill plant to go to North Vernon,
Ind and a large circular Sawmlll plant
to go to Charlottesville, Ind. 1t has also
boilers to 90 to MiddIetown, Ind; Peoria,
ILL.,; Winamac, Ind and Mckinney, KY.
Training School Nearing Completion.
The Manual Training School buildings are
nearing completion. Since the first of the
year thirty carpenters have been employed
in the interior of the building putting on
the finish. The plumbing, the electric
plant and all of the modern improvements
tractor Pierson expects to turn the build
ing over to the city by Feb TO-
Big Iron Contract.
Brown, Ketcham & Co., of this city, have
secured the contract for all the iron
structural work in the new st. Charles
Hotel to be erected at New Orleans in
place of the one recently burned. 1t will
be fire-proof, and one of the finest hotel
buildings, in every respect, in the Southern
States. In it's construction fifteen hundred
tons of iron will be used.
Traffic Notes.
It is stated that during the recent spell
of sleighing more sleighs were sold than
during the last five years.
H. H. Sprague has leased room in the
Wright G. Wright power house and COM
menced the manufacture of gas meters.
The Indianapolis Rotary Plow Company
has been strengthened by some new cap.
ital and will go into the manufacture OF
plows on an extensive scale.
The Indianapolis Manufacturing Com
pany, manufacturers of the Farmers
Friend straw stackers, has leased room
and power in the Eagle machine works
building.
The box manufacturing companies are
busy. There few points where more
boxes are used than in this city. One
Arm has used, since Jan. l, fifty carloads
of lumber
The snath and cradle works, North Indi-
annapolis, has started UP again, but not
on a very large scale. Owing to the dull
times of 1894 the company carried over
considerable stock, and will not be Obliged
to push business, in the last few years.
The pay rolls show that E. C. Atkins &
Co. have again over four hundred men en-
ployed. About a year ago the works COM
menced the manufacture of handsaws, and
the trade that it has secured through in
Producing this new feature has been graf
flying surprise.
The Commercial Electric-light Company
has commenced the manufacture of dyna-
mos and motors of a much larger type
than heretofore. The works now have con-
tracts for some dynamos of 100 horse pow
err. The company has built up an excellent
trade in Michigan and Missouri.
Schnull & Co., wholesale grocers, have
gone into the manufacture of syrupS
an extensive scale, and have purchased
some very expensive novel machinery for
the work. This is the first attempt in this
State to manufacture Syrups, and as the
enterprise has ample backing financially
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