The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1919-03-23
Millions OF Dollars TO BE
| Expended in New Resi-
dences and Apartments.
PUBLIC WORK SMELLS TOTAL
Many Factory Extensions and
New Industries to BE Com
pletcd During Year.
ECONOMY TO BUILD EARLY
Material Prices Are Slightly
Lower and Labor Situation
Is Much Improved.

yc,r 1919 IL going to srt pac" ~
,orstrpr,lon work that will korr
postcrity hus,lInK In tho years
come I,
Architects builders nnd mn'"ri''
men nre loaded down with wni
nnd now that spring has arrived w"
biggest building era In IN" ''V
lust breaking iiH shell .,
II ia estlmntrd that 100000 WI
be spent In tho construction or h'W
residences plans for which a't'""'
are In hnnd Tho eNpondiiur" or nv
rro,ImateIv $1,000, 900 moro In OF
flee and store buildings Is cont'"'p
lated Another $1,000, 900 VIII u"
.no,t In IN. erection ~ new
churrho- work on single mnnufar'
turing plant to cost tlO0O0 has
hesn alta rtrd and other improN"
ment. and extensions In tho factory
district total another 100000 Two
million dollars wiz be spent during
tho wear on street ana hlheWhlR
ma wing and nH much moro for IN"
building of hard surfaced roads IN
tho county n the bond issue is vo'-
Cd Al 600 600 will ho spent on tha
extension Of tho public schools.
when all OF these improvements
are nimmed up II looks like Tulsa "
going to invest somewhere between
sIa 900 600 and $4,000 600 In build.
Ing lmprcNoments before another
winter.
some Are SIN waiting.
building plans have bocn retarded
hy many persons not being WHINE
10 adjust themselves to the ne"
prIce levels for building materials
prick that could be bought In 1917
for So per 1000 are now quoted AZ
t16 and the price OF lumber is amour
double. D.,
some materials will come down.
said "A prominent architect to Tho
World reporter yesterday. we look
for n cut In cement. terra Gotta and
iIle because they are burnt with coal,
hut it's not probable that we Will
ever he able 10 get brick as cheap ns
when they were burning them with
gas
Metal products viii probably
show tho greatest decline. Judging
from tho recent sharp reductions IN
(. tho steel market" said the nrchi-
test
e Some Of the largo interests OF tho
z CITY that have been holding back on
their building plans are expected y"
make tho break In tho next rev
weeks and this viii have an nppreol-
able effect In bringing about nm un-
precedontcd building era The town
needs more hotel facilities, more
store buildings more office room
moro apartments and more dwellings
nnd those who are able 10 bullu
these will not hold out much longer.
There In not n piece or improved
property In Tulsa that In not bring
ing tho investor n good return upon
his money.
Economy to Rniid Now.
Materials are high but II IL rehlN
economy TO build now vacant prop
erty brings IN no returns The man
who builds idnw will have his build
ing paid for hrfcro the fellow who
Il waiting for lower prices To come
back will get started,
The price level OF rents In TulHh
HIS not likely to come down, and when
the property owners rlguro the p"r-
centage OF returns he will find mat
he In justified in paying tho present
prices. Rents and building coats
run along pretty well together, when
one falla the other nails
The labor situation in Tulsa is
much improved and tho fear OF
strikca and tIe-ups has hccn nllnyod
by, the general industrial pences cs-
pcclAlly with reference to the
building trades. This Is a matter
that has adjusted itself by the law
OF supply and demand The scale OF
wages will probably not come down
for several years
Money is not difficult 10 got for
use in building There has been n
strain on the finances Of the com
muuity I'm the floating or war bonds
ana collection OF income taxes, but
the local hanks have available II sup
ply of money adequate H@mect The
demand for real estate develop
ment and they aeS anxious 10 lend
81.
Rnilruad improvements.
The santa Fe railroad ~ construct
ing new switch yards north Of The
Frisco addition. covering large
acreage and representing a large out.
lav OF money This improvement
will greatly enlarge mis- rumpBuy's
terminal facilities The new Santa
Tc freight station on East First
street has Just been completed nt q
cost ot $50 OOO and the sppc" between
the tracks and iu front ut the freight
station ls being paved with briCk y
site has been purchased for a now
santa Fc passenger station ana tho
site made ready Tor construction but
this Improvement has temporarily
been held up
The Frisco railroad "a making cV.
tcnsivc impruvom 0u.s 300 iia passeu.
ger station by tho r,wnlcInr ~ the
waiting rooms. the addition ur har.
gage room and fho paving ~ the
space betweCn tho now duul' tracks
These Improvements rDprr.tut am
outlay OF Approximately t-y.uUO
Tho Tulsa chamber Of commerce
has takcn up with tho railr0td nd.
mlnlstration at Washington the mat
ter Of getting reduction OF frr SHIT
rates on road building materials.
which arc new zoe per ccut higher
than before tho war Tho govern
,rnent is urging the Improvement "
roads and this would FUmu'ntc road
building more than anything else.
The governn nls4.t- IL also ushcd 90 rc-
lease tho large stores ~ cement pur.
chased during the war. and this ls
,xpectAl TO break tho market
Rccord Paving Contract
pre-war paving contracts amount
Inc 20 s7S5.OOO. held up on account
~ The failure Of the Parker Wash
-, taFTN nlt lis con- 20