Evening star., 1922-04-21
BUILDING Survey.
OF LOCAL INTEREST
Advices From Some. Points
Indicate General Quicken
ing Of Operations.

In view of the far-reaching in
ing industry on general business
throughout the country. the special
survey of the construction situation
Just made through correspondents of
Dun's Review is especially interest
ing and timely. Reports from nearly
forty centers in widely separated
sections of the United States demon
strate that the revival of building
activities, of which there has been
multiplying evidence during recent
months Is steadily gathering momem-
tum, and the future is regarded with
optimism.
Practically without exception. the
dispatches show that protracted
period of deferred undertakings has
been followed by resumption OF work
on an important and enlarging scale.
with accompanying expansion of de-
mand for construction materials and
favorable prospects for future inn
provement in these lines.
The reduced costs of labor and ma
terials and the pronounced shortage
of housing accommodations, both in
the cities and suburban towns had
clearly foreshadowed "a renewal of
building operations of magnitude. and
advices from some points indicate a
record year. In not few cases. per-
mits for new construction this spring
have reached the highest mark in
several years, in number as well as
in value, and in certain instances all
previous totals have been surpassed.
$2IS, ,OOO, 900. the March permits are
fully 10 per cent above those of the
corresponding month OF 1921.
Southern Building Company, Inc.
The regular quarterly meeting of
the Southern Building Company. Inc,
was held in the company offices in
the Southern building last night. A
very satisfactory report for the past
quarter was read by Allan r. walker,
president, after which a dividend of
Sl50 per share was announced de-
cIared on the company's preferred
stock, and a dividend of so cents per
share on the common stock. both
payable May to stockholders Of
record April 80.
A resolution expressing apprecia-
ton of the splendid work and small
damage done by the District fire de-
partment at the recent fire in the
Southern building was adopted, and
substantial donation was voted sent
to the Firemen's Relief fund.
Bankers Convention Committees.
Francis G. Addison. jr., chairman
of the hotel and transportation com
mittee of the 1922 District bankers
convention. has named the following
assistants: Charles D. Boyer, William
X. DeLashmutt. Harrington Mills. AL
gernon $. Gardiner. Edward f.
Swami. Hillary L. Offutt, ir.: c.
Louis Eckloff, Y. E. Booker, Maurice
Otterback and Edward l.. Hillyer.
W. j. Waller. chairman of the pub
licity and press committee, also an
nounced the follo&ing to serve with
him: Thomas B. Hickman, Robert S
Stunz. b. A. Bowles. H. H. Mckee,
Francis NJ Savage. John d. Howard.
l. A. Fleming: Morris II. Glazer and
Harry Gusack.
supply COrps Lecture.
Joshua Evans. jr.. vice president of
Riggs National Bank, will address
the third class of the Supply Corps.
L. S. ". Monday afternoon at 3 o'clock.
taking as his subject. Mature and
Uses of Credit"
Federal Reserve Pamphlet.
Better Banking.'s a short, accurate
readable story without figures. has
just been issued by the federal re-
serve system and copies sent to all
local bankers. The contents are of a
purely informative character. telling
what the federal reserve system is,
how ii works and how its benefits
reach the people of the country At
the small cost of one cent to cover
hostage, extra copies will be sent
tbose lie ring them