Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-09-10
2ORD IN SOUTH FAR AHEAD OF LAST YEARS TOTAL

prevailing as a result OF the coal and
rail- etrikcs.
In the fall of 1921 all records for
contracts awarded were passed, and
Il total of $50. 100000 i'm lettings was
piled up I'm December. the total for
the last quarter Of tho year for this
classification being over $4,000. 900
Thus the high lido OF building for
1891 did not come until the very end
or tho year; 30 TO tho vast amount
OF new work included in awards this
year must be added tho big carry
over OF uncompleted projects from
last year.
'oiume OF New Work IL Great.
An idea of tho volume of new work
IN prospect may DO gained by con-
sherinS the total OF more than $780,
1Oo.OOO representing contracts to be
awarded for projects initinlly nm
nouhced during the month Of August
This is only exceeded by two other
months within the past twenty
months. In March. 1922, projects
initia!!y announced in tho construc-
non columns of tho Manufacturcrs'
Record wore valued a approximate
~ Sl23,500.000. while the record
breaking activity recorded in April,
1921. then piled up a total Of $780,
100000.
The first two months Of the year
saw scores OF new projects calling
for the expenditure OF miilipns of dol =
lars in tho aggregate got under way.
During the fall OF 1921 engineers and
architects and individual owners
were engaged on plans for work TO
be launched as carly in this year ar
possible. to, take advantage OF the
low seasonal pricos prevailing and
tho opportunity for organizing eff :
Gent and complete construction
FORCES to carry on the work through
out tho year. Buying OF building ma =
teriais. therefore, continued ut a
nigh level during the winter months
so that business was stabilized and
a run -away market later was pre-
vented. and there has boon an as
sured supply OF practically all neces-
sary materials up until tho strikes.
residence construction this year fl
keeping pace with the high record OF
last year. Reports from the offices
OF building inspectors throughout the
south this year indicate that an enor-
nous number of moderate price dwell
lnss are under way. Indicating that
Inc demand for even this class of
structurcs. which has proceeded sine
early 1921 at an unprecedented rate.
Is stu far from satisfied
During recent weeks millions OF dol
lars have been voted I'm bonds for
public improvements of every descrip-
ton. Roads and streets. sewer syn
TENS. water works. municipal cleo
trio light and power plants. bridges.
"iaducts. courthouses. auditoriumg
and similar structures and improve
mentS. long delayed by adverse con-
ditions. arc being undertaken in VOL
ume and completion rushed. Road.
paving and bridge contracts totaling
397.50o.00o have been awarded In
eight months this year. and in amount
OF money involved this classification
OF activity ranks next to the head.
Contracts for miscellaneous enter
Prise 70 cost. when complete, $4,000
GOO. have been let to September. and
this classification ranks first In
amount Of money involved. This pro-
Eides for the erection Of hospitals.
garages. thcaters. warehouses. rail-
road improvements. electric plants
FOR corporations and municipalities.
grain elevators. piers. waterfront
improvements. and similar work not
covered In any OF tho other classif,-
cations. Tho construction OF schools
holes third place with about $4,000.
600 In actual lettings. In 1891 roads
and bridges stood first miscellaneous
enterprises next and school construc
ton third.
The details Of the work are pro-