The Birmingham age-herald., 1912-11-03
533,349 Cubic Feet of Ex- cayatiOn Has Been Done
 for Foundations
S1, ,150,000 WILL BE
 TOTAL INVESTMENT
One Hundred Caissons Were Sunk Ranging in Depth From Five to Seyenty-Fiye Feet-FOrmal
 Statement Issued

A general statement of progress beinI made on the new S1,150,ooo Tutwiler aote was issued yesterday, being the seconC official statement to be issued by th' Tutwiler hotel officers.
 The statement says that the bids or the new structure have been asked fol and will be opened in the office of the president November F, to be followed bN a general checking up and formal award The information is given out that thu American Bridge company has the stee contract. and that the Pittsburg plan of that company is now engaged on the work. It was also given out that John l. Mullen. the noted steel erector, has beer given the contract to erect the steel ans will start before December l.
 Tn officials of the Tutwiler company have been unwilling to make any public hotel although those in touch with the general situation here knew that fast progress was being made. The officials so far as known have not given out any except the first official statement and the one printed below.
 Excavation 533,34 Cubic Feet
 The excavation for the Tutwiler hotel which has been under way for some months, is said to be the largest single excavation contract ever undertaken in this section. Those who have passed by and noted the enormous hole in the ground have speculated on the eubical contents of that piece of work, but not until yesterday was it given out that 533, S49 cubic feet represented the contents of the plot. The boiler room of the basement alone is represented by 2S, ,605 cubic feet. The excavation contractors and foundation contractors have arranged 100 caissons, each averaging 250 cubic feet of excavation. ranging in depth from feet to 75 feet. Solid rock has been pierced in many places and the drilling continued to heavier rock stratum.
 The work is being completed now, and has been done to the utmost satisfac- tion of those looking after the construc- ton. In connection with the founda- tion work well is now being bored upon the site which will supply water for the boilers.
 Formal Statement Issued
 The statement given yesterday in con nection with the Tutwiler follows:
 "Eollowing thorough inspection of about 25 hotels in various parts of the country by officials of the Tutwiler Ho- tel company and most careful prepara- tons of plans in the offices of the asso- ciated architects. Nj am Leslie Vel tor of Birmingham ana 1T. W. L. Stod- dart of New York, plans have been com pleted for the Tutwiler hotel.
 ''The plans and specifications are now in the hands of contractors for figures and bids will be opened in the office of the president of the company. Birning- ham, Ala, on November 12. The work on the foundation will be completed on or about November 15. Contracts for structural steel were let to the American Bridge company prior to the recent ad- vances in the price of steel. The Ameri- can Bridge company is now working up the steel in its Pittsburg mills, and con tract has been let for the erection of the steel to John l.. Mullen, who will begin work before December l. 1912.
 Investment of $1,150,000
 "The Tutwiler hotel will represent an investment of s1,150,00o, the entire invest ment representing local capital consist ing of first mortgage ponds amounting to S50O,000 ani second mortgage bonds amounting to $300,000, and stock $350, GOO.
 'The first mortgage bonds were under written at par by Maj. F. M. Tutwiler and the proceeds of the entire s500.OO0 placed 10 the company's credit in the bank, no commissions of any kind having been paid for underwriting these bonds. Every subscription to stock has been paid in full to MT. J. H Barr, treasurer.
 ''The officers of the company, the. build ing committee, the board of directors and the architects feel confident that the Tut miller hotel, representing Birmingham ca pital throughout, will prove not only a lasting monument to the enterprise and spirit of the citizens making possible the project. but the building It. self will prove credit to the entire south and most valuable factor in the upbuilding of this city"
 The officers of the Tutwiler Hotel com pany are: George C. Crawford, president John L. Kaul, vice president; Robert Jemson, Jr., vice president; J. H. Barr treasurer, and A. B. Tanner secretary.