The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1919-05-17

Increased evidence that architects
ana builders are preparing for the
flr construction boom which II ex-
rected by the first Of June II to be
'fbund IN The building situation this
~ eek. says The American Architect"
Incorporation from large loaniuR In
ttreals. - vitality necessary " there Il
70 be a big squirt in the face Of ma
terial and labor costs. II nov assured
N predictions Of leading mortgage
loan and banking Interests 20 tho u.
feet that building money will he
much freer, after May -. material
a thorough study 81 The situation
reveals the fact that there Il just one
rifht way 20 meet this phase Of the
problem which has caused the retard-
irr Of construction Of q larger scale
- far this spring. and that u federal
I cooperation In the extension OF cred
II 10 builders 40 that they may 80
ahead more rapidly aud meet the
pressing demand for dwellings. This
srne view was put before the New
York state commission a short time
aro and follows the attitude Of most
foreign governments which are devot-
ms funds and effort 90 Improve after
war housinr conditions n federal
afnlstnnce could be secured the last
~hlndrance 20 the free resumption Of
building would Ne removed.
IN the minds % many who are
students Of economic conditions there
4 a feeling that present price levels
VIII Be- maintained 10 q great degree.
or that there will be no sensational
decline under present high production
costs. In the material markets, Tho
American Arrhltect'n' corrcapondents
report show the price tendency 20 be
downward on neat cement lime ana
hollow tile. All common brick re-
mains firm. Lumber IL firming up
considerably In price. Oak, In par
manufacturers. n there have been
advances - from 81 10 81 per thou
sand feet IN the upper rradea In the
last ten days Maple and birch also
are firm Ia price with slight advances
IN the Wholesale prices Of h former
Mahogany however, has declined In
p.icc since the signinE of the armis-
tice. This n due 10 the fact that
boats are now bringing logs from the
Liverpool markets. Mahogany u now
- llinr AZ 20 cents per foot II was
AZ hlrh aH s. cents during the var
Labor conditions are fairly satisfac-
tory, with few employers showing any
inclination 20 bring about a readiust-
meut Ia this present period Of high
living costs
Appleton T. CLARK. Jr. representing
the Washington chapter. American
Institute 81 Architects. on the CEN
trail stahlliEaiion committee % the
District - Columbia. takes an en-.
couraFlne view % the building situa
ton The rapidly with which the
sinhillzation plans have been perfect
cd Mr.. Clark believes shows the
willingness % the building Industry 10
cooperate In the stimulation Of con
struction.
Mr.. Clark attended the meeting Of
the committee last week. when re-
ports received from labor repress nta.
uves Indicated hat tho majority Of
building trades unions would agree TO
work az the wage scale which became
effectiva November. 1915 The car
pentera. who are not affiliated with
handing an Increase % from IS cents
10 1kih cents per hour. Elevator
constructors were also reported TO be
asking an Increase though Il H. ok
rectcd that the waFo question can
500 be adjusted IN their asc
The master builders have reached
an agreement whereby they will fig
ure tho same percentage Of profit on
work A. prevailed before the wa. dis
regarding increased overhead OK
pcnaes after May T. The builders urR-
"a labor unions 10 voluntarily recede
10 November. 1918. wage scale. The
hullderu' supply representative re-
ported n general agreement 10 guar
antce prices until the specific contract