The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-08-16
RICHMOND SHARES
|. IN NATIONAL SLUMP
Shows 40 Per Cent Loss in Build
ing Operations This
Year.
JULY LOSS, 80 PER CENT
Figures Reflect Extraordinary
Skyscraper Building Ac-
tivity of 1912.
JULY LOSS, 80 PER CENT

Statistics published in the current
number of the American Contractors,
show that Richmond In common with
large number OF other cities. sur-
fered large losses in building opera
lions during July. 1913. and during the
seven months just past, as compared
with the corresponding periods of
1912. Tho total for Richmond last
July was $li7.435-a loss OF 50 per
cent from the total for July. 1912.
which was si.53A.0ss
For the scTen months ending July
81. 1919. the building permits for this
city totaled 32.6lo.31s--a shrinkagc Of
40 per cent. compared with 3i,35o290.
which was the total for the CORES
bonding period in 1912.
while the decline is marked" said
Building Inspector Butler. yesterday.
the situation Is not rs bad as II
looks An analysis Of our records
shows that July. 1912. was month
of extraordinary activity in building
operations compared with which even
the best Of the months since could
only make poor showing. The same
is true 10 a large extent of the rela-
tive activity OF the two seven month
periods that are compared. Ordinary
building operations In Richmond dur
were not far below normal"
Mig Activity in 1912.
Besides "A number of permits calling
for 10000 and $4,000 buildings
there we're issued Il, July. 1912. per-
rnitB for tho construction of Ruegers
Hotel. $40 900; Murphys Hotel s:z5.-
900, and the Chamber of Commerce.
$4,000. 1t was hardly to be expect
cd that the same high speed could
n Iltl hf
projects of 1912 were the Virginia
Railway and Power Company's build
ing. s2I5,o00; the Lyric Theatre Build
ing. $4,000: The Times Dispatch
Building $4,000, and the First Regi-
nent Armory, $4,000,
To offset these big enterprises. le13
produced no large single building pro-
Apartments. s2so.0oO. Rumors OF new
skyscrapers at Tenth and aiain
Eleventh end Main and Bank and
Eleventh Streets. the erection Of
which may vet redeem the showing
for 1918, Still remain rumors with
little or no present prospect OF reaN-
zation.
Richmond Not Alone.
Richmond. however. was not alone in
reporting q slump. OF the sixty large
cities, the returns OF which are tabu-
lated by the American Contractor in
us July statement, thtrty-four show a
decrease in activity. the balance n gain
! The heavier losers comprise Atlanta.
hs per cent: Baltimore. so per cent:
Chicago IL per cent: Cincinnati, 40
per cent; Des Moines. u per cent: Du-
luth. 81 per cent; Memphis. IS per cent:
Milwaukee. 40 per cent: Nashville. SO
per cent; Rochester, As per cent: Salt
Lake City, 81 per cent: San Francisco,
~ per cent; South Bend. 70 per cent.
and Springfield 10 per cent
Among the cities that made the most
nota bic gains in July. 1919, are Cleve-
land. 80 per cent; Dallas. Is2 per cent:
Harrisburg. $50 per cent; Hartford. IS
per cent; Seattle. ll9 percent: Tacoma,
~ per cent: Troy. 1919 per cent. and
Wilkesbarre. lss per cent.
Permits Yesterday.
The following permits were issued
by the Building Inspector Yesterday:
c. b. Richardson, TO build two
story brick dwelling at 1884 Monumen,
Avenue, al cost of $4,000.
f. c. Payne 10 repair a frame dwell
ing AT 1909 North Twenty-fourth Street.
at cost of $3.50.
A, NJ Wilson, 10 repair frame dwell
ing at III Mosby street, ut cost of
500.
Joseph Bryan Estate, to construct
TWO marquises at the Lyric Theatre, at
a cost of S., 600.