Norwich bulletin., 1918-09-10
STATE BUILDING AND BUSINESS

The clearings of the Hartford. New Haven, Springfield and Holyoke banks Tor the week show little change as com pared with the record for the similar week of last year, Hartford and Springfield showing losses of less than l per cent, with substantial increase in New Haven and a small decrease in Holyoke. The record of clearings for the month of August in these cities is highly satisfactory, the gains over last year being 21.S per cent. in Hartford, 23.1 per cent. in New Haven and 3.1 per cent. in l Springfield.
 Transactions in real estate con tinue' at high water mark. The last of August is usually a dull period in this line, but the number of sales of real estate by warranty deed in the towns reported in The Commer- | cial Record for the week are in eX- cess of the sales a year ago for the same period the figures being 460 against 440. Real estate loans, figures bein $912, ,139, compared with $1,327,335 last year That there is so much money available for mortgage loans under present con- ] ditions would seem to indicate hat i real estate loans are still a favorite form of investment for many peo- pie.
 Business mortality throughout the | State continues at a low ebb. But five petitions in bankruptcy were | filed during the past week, which | compares favorably with the record for the last week in August in cor responding week of 1917, the liabifi- ties being S16 931, against $32102 a year ago, and assets of $16,931 compared with SIS 559 last year.
 The record of new interpretations shows the effect of the present pro- gram as regards new financing lThree new companies are reported for the week, with aggregate capita stock of only $57,000. Last year fol the same week the six new incor- porations had authorized capita stock of $2,29O,OOO.
 Building permits issued in the cities of New Haven, Bridgeport Hartford Waterbury, New Britain Stamford, StTatford and Springfield in Holyoke. The record of cearingy for the week make a better show. ing than for the corresponding week of the year 1917. Permits stated to the number of 126, com
 
 in 1916. The cost of the buildings for which the permits were granted for the current week is estimated at $470745, against $17S,125 las year and S801 ,969 two years ago For the month of August 522 per mits were granted in these cities for buildings costing $1,257 634 against 741 permits in 1917 fo buildings costing $2,646,263, ant in 1916, 925 permits, the building to cost $2,83S,769
 Among the projects for whicl contracts have been awarded dur ing the week are factory building in New Haven Stamford, Stratford
 Waterbury, Derby and Shelton, re
 modelling a business block il
 Bridgeport, garages in Bridgeport
 transformer building in Springfield residence alterations in New Hay en and 54 one, two, three an , four family houses in Bridgeport with a number of similar houses i , Waterbury, Hartford, New Britain
 Bristol, Stratford, Derby and Ne1
 Haven.
 New plans are reported for store and apartment block i , Bridgeport, a school in Hampde1 Mass, factory additions in Hart ? ford and coal pocket in the sam , city, power house in Hazardvillt
 and two-family houses in Bridge
 port.
 Norwich had 19 sales of real estat
 last week to eight for the same perio
 last year. The mortgage loans for th
 past week amounted to $11 STA whil
 a year ago the total was S2,500.
 In New London there were nine sale of realty last week to five year az Z The mortgage loans for the respectiI ( weeks were $96 500 and $1S4