The New York herald., 1922-11-13
OCTOBER BUILDING
14PER CENT. AHEAD
New Construction Outstrips
Figures of Corresponding
Time of 1921.
DROP SINCE SEPTEMBER
Residential Projects Continue
at High Rate-Industrial
Work Increases.

Building contracts awarded during
October in the twenty-seven Northeast
ern States (Which include about three
fourths Of the total construction In the
country amounted to $3.50. 1877 900, 40
cordins to the +. w. Dodge Company
This figure is IA per cent. ahead of
that reported in October, 1921. The
progress OF the seasonal decline in Oc-
tober Is shown in the drop of per cent.
from the figures of the previous month
In view of the fuel and car shortage and
other restrictive factors construction ac-
rate.
Residential construction continues at
a very high rate. October contracts for
this class having amounted to s110,776,-
zoo, or A per cent, of the months to-
tai. This was an increase over Sep
tember residential construction. Other
important items in the October figures
were: $41,477, 900, or 16 per cent. for
public works and utilities; $32.o37. 900,
or 13 per cent. for business buildings /;
S27,640,00 or IL per cent, for industrial
buildings. and s11437.ooo, or per cent,
for educational buildings.
Construction started during the first
ten months OF this year has amounted
to S2,SS7 ,446, 900. or % per cent, greater
than the total for the entire year 1921,
and AZ per cent. greater than the total
for the first ten months of 1921.
The revival of residential construction
this year has overshadowed everything
else in the building field. But there has
also been a revival that is very signifi-
cant. Industrial construction this year
has averaged $27.0o0,000 a month, con-
trasted with $14.000,000 a month In
1921. This increase. although 1t has not
yet assumed large proportions. seems
to Indicate a substantial revival in this
class of building.
Contemplated new work reported In
October amounted to s416,164, 700, an in
crease of 26 pepr cent. more than the
contemplated work reported In Sep
tember.
New England.
New England building contracts in
October amounted to S26,362,000, a de-
cline of 13 per cent. from September
figures. but an increase OF 22 per cent.
from those of October, 1921.
Included in last months figures were
the following items: s14,166,000 or 54
per cent, for residential buildings !;
$3,473,000, or 13 per cent, for business
buildings; S2,390,000, or Q per cent for
industrial buildings, and S2,046,0 900, or s
per cent, for hospitals and institutions.
Total construction started in New
England from January 1 to November
has amounted to $2S5,914,0OO, in con-
trast to 05,147, 900 for the entire year
1921.
Contemplated new work reported
during October amounted to s53,216. 900,
nearly double the amount of contem-
plated work reported in September.
New York state and Northern N. j.
October building contracts in New
York State and northern New Jersey
amounted to S64,97i,00 an increase OF
3 per cent. from September's showing
and decrease of IA per cent. from Octo-
ber, 1921. The increase compared with
the amount for September was outside
of New York city, which showed a de-
cline.
Last months figures included: SsS,-
024 900, or 81 per cent, for residential
buildings sS,364 900. or 13 per cent, for
DuSlHcSS puiufneS' eo,V5o,OVV' OF per
cent, for industrial buildings and
s5,903,000. or per cent, for public
works and utilities.
Total construction started during the
first ten months of this year has
amounted TO s765. 900. in contrast to
s645,41S.000 for the entire year 1921.
Contemplated new work reported ir
October amounted to s96.963,000, an In.
crease Of 16 per cent. compared with the
contemplated work reported in Septem-
|