The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1919-03-22

compared Co. fUN COST nI food. tluiits
.ur and other commodities The in-
duN figures Tor commodities b. over
boo percent higher than the index lis
ury fur huiIdinr materials measured
uu fhr basis ~ rrD-wHr prices The
I'd. trmrut issued hN the department Of
labor reads in part aH fuilowfl
IA the rioro of the war the iu-
don number ~ building materials. not
Including steel had risen onlN 80 per-
cent uter The prc-war prices Of 1919.
while the ludrN number uf commudi-
ties. exclusive Of building materials.
had risen ll1 percent The average
increase 90 vase IN the construction
Industry boz forty one leading cities
from 1H1t-l8iN was ONLY -N5 percent
as against u rise ~ % percent in cum-
WuditlpH. when D HrmiHucr came.
thorp was. 81 curse. a great volume
uf deferred construction projects.
partly boz he fern ~ public works,
pHftlf m tho form uf aeml-puhlic
luutl,s partly lE tho form NJ hous.
.ur aud uf commercial and Industrial
buildings This volume 81 deferred
construction represented Boo large part
thr DurtiilWout 81 uuu-wur prndur-
uuu which had resulted from tho DE-
Version uf ihiri uf the nations iu-
tustrItl capacity 10 Wur production
MT IrisN ulsu read u statement By
NNH Do. o.. NH NMN N|NN NH W. NN"HNN NNN
indicates thnt the vust Of coustruc-
ton Will drop very little more than
10 hHH already dropped, whereas the
rusf ut city real estate might go NJ lu
the future, "it may well happen that
30 mtu who buys "a plot today and
nuld- uu % J house tho cost OF which
mot greatly uut of proportion 90 the
,usf cot tho lam viii hy better off u
hDlr from now Than ho would be "
be- had left hiz money iu the sGinga
tauk. boo the meantime city land az
present Is least inflated 20 all mate.
rial wealth
That prices on building materials
ltN already gone down considerably
m Indicated hN "a statement issued on
March o. hy tho suead Architectural
Iron Works THIS statement reads as
fulluwH
substantial reductions IN prlcos
have already been made on practically
ull building % construction o. ttu-
rails amt % D. ut best but u gambler
cha Geo. DO ans further reductions viii
np uHd' Any such reductions, u
tines ere Go hc made ut an, viii be- he
bat trillIug amounts, because, after
tII the very important element uf
labor iH o. remain unchanged 100 lta
tate uf compensation.
a bulletin Uf tho National Lime
I~-HurlutlFU WIS ALSO presented a. %,
meeting indicating that reduction W
frriFht rates Will hr made hy the O..
= railroad administration Immediate.
10y Iu Ir,irr 60 stimulate building op,r,
ltiuuH throughout the country. The
Lime associations production Of hl'
cut 100 freight rates reads aH follows.
"NH u stop toward increasing hulld'
Iur activities throughout tho country
which H the uu. immediate hope of
reducing uu,Wpluym ont, tho United
States railroad administration Will BE-
3D. few days rut down the freight rutc'
600 uullilus materials of an dvHgrip
fol from the present hlrh level q
thr pre- war standard The proposal
put rurwar. uy .uurv cot the irndini
economists 300 the country, has me
600, approval of walker D. Hines, ID
rector general uf railroads.
"rho cut Will lpply not only 10 ma
trrlul Tor general construction %
buildings. but material FOR roads a
Well boo the hope that private inter
| osta viii seize the opportunity will
, the opening ul spring 20 let contract
, generally.
such Il cut would uf course rcduc
I tho price ut lumber bricks, cemcn
[ iud structural steel ana would bc aI
IINltltIuu Co tnuse who are cuntom
, plating huillluE 60 go ahead with IN
; work That. lu Jru. 10 siN en-
Z ploymont to , very large number q
Z mechanics
I Tie officers of the Chamber Il
, Commerce urged thlH morning that lei
; contractors aud home builders an
1 material men carefully study tho ey|
1 ururc presented hy the local architect
! u its hoarlug 200 the local hou.
; shortage.