New-York tribune., 1922-02-27
Brick knnakinS
To Become ALL
Year Industry
Modern Machinery Permits
Manufacture of Material
i'm Winter; Stabilization
i'm Prices Near at Hand

other factors besides The usual ones
Of supply and demand arc shaplng the
destiny OF the 1929 building construc-
ton season. according to the current
Dow Service Daily Building Reports.
New selling factors or market CON
trolls arc becoming operative to serve
tho purposes of former organized snlcs
effort. Eventually these market con-
trolls arc expected to bring about mor.
kct stablli2aton of prices OF basic
building commodities a. we'll ns much
greater stability Of building material
supply. But at present tho most sig
niGcant thing is that the construction
market n general is about TO enter that
long sought FOR period Of price and
supply stability
The building construction industry
particularly that in the East. has sue
ccssivcly passed through five economic
stages in It's rcadjustmcnt process
slllce Just before the close OF the war
These stages OF cYces included that OF
enforced restriction. artificial stjmia-
tion, conservative reaction, stampede
and inAation, de1ation. It is now pass
speculation. BY March 70. wncn tho
Eastern bulding construction seaaon
officially opens tho seventh stage, that
OF stabiizatiou, viii have been ap-
proachcd
Tho day Of full realization Of 6uild
ng material price stablization should
not be expected until after the turn of
the first half Of tho year. Barring
protractcd fuel shortage or trans
portatiop tic-up the supply Of basic
building materials should begin to cN-
coed demand by August al which time
the point Of certain present and pros
pcctye price peaks viii haye been
worn 20 4 decided curve.
Eastern Construction Market
Building material prices i'm tho
Eastern construction market appear to
have reached their permanent peak as
well as thoir Immediately prospective
bottom 1t is not likely that basic
buldiug materais wll 20 below the
bottoms reached IN 1927 for year or
two. Binding material demand viii
nbout match supply, with the usual
narqin of safcty. for tho next two TO
three years. based upon tho present
rate o. Projected building construc-
ton. railroad improvement and sen
era engineering work.
The operation of somc OF these sub
surface factors that Will have bear
ing upon shaping the supply. price
and demand of basic building mater ais
IN tho nozt Few years may be seen at
work now.
l thc Huds or River brick manufac
turing district. whore the methods en-
p'oyod in making tins important buud
ing material in carly Colonial days
have been continued down TO tho pres
oat day. modern machinery and kilns
are being installed 50 az to permit tho
production OF fhie material all year
round ScM~ of those NeN eqUipmc nls
worc tried ont for tho first time this
Enter AND tho results give promise OF
promptly working 3 change in the brick
situnfion horN.
No doubt TIC fact that more brick
has been scnt into this Markct b. rail
this winter than ever before has been
Dnop.u. ard that tho Staten Isiand and
Raatsa River brick plnnts have had
dominant grip uron the winter brick
market has helped in some way to
hasten the rejuYcnaton Of some OF the
Hudson River brick plants in anticipa
tIon Of the promised demand for brick
this spring. but tsc start has been
made for modcrni1ing tho Hudson
River brick industry and ii VIII operate
greatly n StaNlN1lng prices 10 lne COIL
sumer in the near future. The Hack
cnsack bricb manufacturing plants that
have been modcrnizcd have -old their
output completely 20 the middle
os April Hudson brick supply IN this
Wholesale merkot was completely sold
ON t. trday.
Cut in Cost Of Lime
Sno1tus rich market here aad
faruinr u severe winter INTO profit.
Southern farmers have been manufac-
TURING ilnc rs an oF-sNason Nocstiou.
With the result ;hai lime manufactur-
ers normally supplying this market
havo taken 81 4 barre, of their prlce.
which reduction has been followed pre-
cisoiy by Tho dealers. The price cut is
considered only temporary
Lumber production and ordcrs arc
steadily climbing toward normal, whch
Is 10000 900 foet n week. Shipments.
according 70 the latest lumber trade
reports. are about 7o,OOO.OO0 feet as
Of February II. rs against production