New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-01
Brick Market
Reserve Behind
The Last Year
River Man1rfactur.
ers 100, 100000 Short of
Supply at Hand Year Ago;
Building in the Suburbs

Building construction reaction in the
Eastern section of the country is real
or fictitious, according to the char
acter of building enterprise considered,
according to the current Dow Service
Daily Building Reports.
Small dwelling construction in the
suburbs, as well as in the outlying
sectors of the city, is the one branch
OF the building business that COM
mands the respect Of the inquiring
analyst. Some apartment erection.
though scattered, offers spotty trade
opportunities to larg-quantity sellers
Furthermore, there appears to be ten
dency toward an increase in volume
oil this sort of building activity, prob
ably lasting through the winter and
we'll into the spring of next year.
flrms specializing. in supplying this
materials and equipment are inclined
20 look upon reports of stagnated
building activity as fancied.
On the other hand, the firms cater
ing to large order building projects
admit of reactionary tendency. 0pin-
ION in sections of the building CON
stfuctlon industry ranges all the wav
from 80 per cent OF normal building
market between now and the building
SEASON OF l922 TO complete standstill
Present fundamental conditions in
Tue hullalng construction market here
90 not justify the views cherished as
facts by either type of bu;lding in; na
Nvestor. Home building is accelerated
by fear of an impending turn inward
IN ouilding material prices. CONNER
clal nulldlnE construction, such as office
Duiidlng, large apartment houses, insti
tutlonal, specialized or amusement
pudding enterprises, is being retarded
because of fixed idea that buildino
material and labor costs are going to
go lower. s0'"e W
Large Projects Uncertainty
Large building projectors are not
certain about the permanencv of de-
mand Tor them. Small building prof
ects are active because their projectors
know positively that they want q Mace
IN winch to live. just little while
lsateI' when there is as strong demand
LOT business space as there is at pres
ent Tor housing space, the building com
struction tide will turn, regardless of
whether building materials are HIGH or
AZ " wages are up or down
me Gay OF the turn in the type of
oolhlnant building activity is not more
a 1,, few months away, apparently
The accumulation Of great boards ~
gold encourages expansion. and war -
hoO Tor the wide ranges in foreign ex-
change the trend Of economic index fg-
a4fes would long ere this have been in
a different direction.
Building construction as an industry
is positively not headed for complete
stanostill. Even during wartime. When
an official government ban was placed
on non-essential building construction
and there was hardly enough building
material on hand to supply the coun-
try's war needs, general construction
never came to complete stop. In the
aggregate the year 1921 will rank for
the entire country we'll up with the
total reported for last year which was
near the peak of national construc-
tional activity, even though building
construction costs were also at or near
peak levels.
Little Brick at Docks
Building material production is even
now scarcely able to keep pace with de-
mand. Here in this market, for ex-
ample, there was not boatl Dad Of brick
in stock at the wholesale docks Friday
and the supply of brick up the Hudson
River right now, with only about one
third of the bricklnsking season left,
is already 100000 brick behind the
reserve on hand at this period last
year, when the market was bringing $50
thousand instead of SIS olesale,
New York.
There is significance in the further
fact that Long Island brick manufac-
turer cannot meet his demand at s17.5o
thousand at manufacturing plant and
is putting in more machinery to in
crease his output. For the first time
in Hudson River brick manufacturing
history brick will be made and burned
all next winter:
Some building materials are still
being forced down. These include
plaster board, building metals, lime
REAL EsTATE-sALE Or RENT
New Jersey