Connecticut western news., 1919-09-25
BUILDING MOVE is
GETTING UNDER WAY
Stone & Webster Have Booked
$2O,OOO,OOO of
Contracts


Wall Street journal shows to what
extent the world building move is
getting under way. In the face OF
unusually high prices for building
material, it would seem from the
contracts let that no material reduc-
ton is looked for soon.
Contracts for new construction at
the rate of nearly $1,000,000 a week
or for an aggregate of about $780,
600, 900 have been taken by Stone az
Webster since April /.
In addition the firm has an interest
in other new construction contracts
aggregating upwards of $10,000,000
and has been asked to investigate
and usbmit proposals on projects
fast taking form that will call for
expenditure of $25,000,000 or more
New business is steadily developing
These contracts for construction
actually placed or being considered
reflect the large amount of public
utility, industrial and other develop
ment that is being undertaken in the
United States, Canada and foreign
countries. American money, manu.
featured products and man-power
will be required to carry through the
enterprises.
Business interests are preparing
for a large domestic and foreign
trade, says George o. Muhlfeld, i'm
general charge of Stone & Webster's
construction and engineering bust
ness. Business men the world over
are becoming more and more conf
dent that an era of unusual trade
activity is opening; they are backing
their judgment in this respect with
investments that will enable them to
help it along and to share in the
ensuing prosperity"
Stone e. Webster contracts taken
since April l represent work to bS
done in sixteen states of the Uuited
States and in Canada. Of the So
100000 to be expended in these
enterprises some $6,000,000 win be
invested in electric light and power.
about $4,000, 900 in industrial de-
velopments and the balance in mis-
cellaneous enterprises.
Among the more important Ameri-
can contracts is one with Great Wes-
tern Power Co., calling for erection
of 10000 X. w. hydro-electric
plant in California, involving an ex-
penditure of from 100000 to
$5,000,080; with Hartford Electric
Co., for erection at Hartford, Conn,
of a 100000 steam power pIant-
with the United States Rubber Coz
for erection of $1,000,000 factory
Hiding for subsidiary company nd
indianapolis, Ind, and with White
man-Barnes Co., of Chicago, for the
erection of 100000 machine tool
factory building in that city.
The Ulen Engineering Co. jointly
owned by Stone & Webster and
Henry C. Ulen, of Chicago, has re-
Gently taken large contracts for mu-
nicipal improvement work in South
America.
japanese interests have asked
Stone & Webster to undertake a
hydro-electric development in the
Orient that will involve about
100000. The. firm is also figur-
ing on a mammoth dock development
at n Mediterranean port that viii re-
| 100000. It's engineers will soon
go to Greece to investigate a big
hydro-electric project in the vicinity
of Saloniki that will cost upwards
of $5,000,000.
In the course of the past ten
years Stone & Webster has done con-
struction work that cost over $780,
| 600, 900. Regardless of its GREAT
business in past years, the firm be-
lieves that at no time in its history
has the business outlook been so
promising as at present, and that
projects now presenting themselves
are btu a fraction of those certain to
materialize once that stable domestic
and international conditions arc
assured.