Evening journal., 1914-09-19
REALTY MARKET
Shows UPWARD MOVE
City Contractors and Brokers
Again Optimistic Over
Trade Conditions
SOME BIG WORK
NEAR COMPLETION

While not of a character TO cause
optimistic expressions, changes this
week give hope to realty operators
and contractors and the past six days
have been the busiest those interest
ed in realty and construction have
known during the past six weeks.
There was some trading, an increase
in job work and a between tone to the
market, all of which encourage deal
ers. architects and contractors. In
some quarters the complaint that
investors still are tightly holding to
funds is heard, but from the weeks
results, there is reason for entertain
ing the opinion that further improve
ment is bound to come, Unless check
ed by forces and influences at pres
ent unlocked for by these in touch
with the market.
Real estate men assert that the dull
uess in trading is undoubtedly due, in
iarge measure to retrenchment on
he part of railroads, manufacturing
and commercial institutions which
have been forced to lay off hundreds
of employees This has been especially
depressing to the time payment busi-
ness as many workers have abstained
from purchasing homes during the
depression. Unsettled conditions have
caused large investors to become ultra
conservative. and those who operate
on a smaller scale have followed
their example
Wallace Eugene Hance, architect,
reports that the new building of the
Union Fire Company, at Third and
Union streets is almost finished. He
declares Contractor John Healey will
have the structure ready for the fire
men in very short time The build
ing, a two-story brick, will, when fin
ished. be one of the finest fire houses
in the city. The cost is given as $4,000
Mr. Hance also announces that in
terror work on the new Jewish syna-
gogue. at Third and Shipley streets
is well under way, but will not be fin.
ished for several weeks. Martin Tom
czyk, contractor is personally super
vising the construction. The build
ing will cost S11.500.
Mr. Hance is soon to ask bids for
a motion picture theatre to be built by
Dr. H. G. Elbert, at Nos. S10-12 French
street. He has practically completed
the plans, and as soon as the contract
has been awarded, work will begin
Dr.. Elbert's expenditure will be about
S25 900
Mr.. Hance is also busy with mucf
Out-Of-town work. which includes
schools, theatres and other public
buildings. He has been asked to sub
NIT sketches for an out-of-town thea
ire, to cost 100000 Details of thii
will be given in the near future.
AT the office of Leon Wilde Craw
ford it was stated that while severa
projects We're under consideration
none were in shape for announcement
Another meeting soon will be hell
by Mr.. Crawford and members of tn
Hanover Presbyterian Church, rela
tive to awarding the contrast for tn
new church.
Brown and Whiteside had NOTHING
new, according to a statement iron
their offices.
A. S Reed and Bro, who have con
tracts for the Delaware Hospital ant
Girls Industrial School are employing
a large number of men on both jobs
Mr. Reed today announced that salts
factory progress is being made Of
both structures, for the Girls School
as well as at the hospital. He also re
ports a decided increase in the amour
OF Job work and is much encourage
at the change in affairs.
Work on the big building of tn
Huber Baking Company is being hur
ried. Much Of the brick work has bee
finished and progress is regarded
satisfactory.
The situation at the new home Q
the Farmers Bank, which is in cours
OF construction at Third and Markt
streets. is pleasing to all concerned
The brick work is practically con
pleted, several of the massive ston
columns are in, while no time is bein
lost on interior operations and ston
facings. The structure will be on
OF the handsomest counting houses
the East.
W. II. Jones and Company are bus
with the new state armory at Newar
as well as much repair work.