Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-27
BUILDERS VISION
/. BOOM IN INDUSTRY
Base Claim on Survey Show
ing Increased Purchasing
Power of Dollar.
BY MORRIS WATSON,
Associated Press stan Writer,

NEW YORK, September 26.-A four
billion-Gollar chorus of workmen sweat
ing over steel and masonry with five-
billion-dollar effect is the vision of
building men for the IL months begin
ming october /.
The -billion-dol effect grows
out of the increased purchasing power
Of the 1922 dollar, as compared with
the 1929 dollar.
Sponsors of the figures, the National
Building Press group, claim they repre-
sent an accurate and reliable picture of
Americas second greatest industry.
Least Active Period.
Estimates compiled by the division of
| statistics and research Of the F.. w.
Dodge Corporation show that $780,
000 900 should be spent for building
projects of $4,000 or more each during
the six months beginning October /.
The Building Press group then makes
what 1t calls normal allowance for
the fact that the figure covers the least
active part of the construction year and
arrives at the impressive $4000,000 900
total for the IL months.
Thirty-Seven Eastern States, the
Dodge Corporation believes. will spend
81 $40 100000 during the six months.
New England's share should be $685.
900 900. metropolitan New York $685.
600 900, upstate New York s62,000,0 900,
Middle Atlantic States $l60,0o0,00
Pittsburgh $135,00o.00o, southeastern
States $50. 900, 900, Chicago $l45, 900 900
central Northwest States $31 ,000,o00
Southern Michigan S49,000,000, st.
Louis $50 ,000. 900, Kansas City 100000
600, New Orleans $37 100000, Texas
So, 100000 and IL Western States
$3.50 900, 900.
Total residential building for the six
months captures $3.50, 000,0 900 of the es-
innate; non-residential building gets
$500, 100000 and public works and util-
tiles $610,0o0,000.
Schools Head List.
Commercial buildings in the 81 States
east of the Rocky Mountains account
for $143. 900 900 of the six months esti-
mate. Factories are predicted at $685.
000.0 600: educational building, $l2O,-
| 500, 1000 hospitals and institutions
| $37. 900 900; public buildings, $9l .000.-
600; religious and memorial buildings
! S2l 100, 900; social and recreationa,
buildings, $35,500000; one and two
family Houses, 1922. 500, 000 apartments
! ana nOIelS, D101sOOO,uUO, eAA0 PaSA~N
works and utilities, S450,0o0, 900.
| The public works and utilities include
highways, bridges, power plants, water
and sewage systems as well as public
edifices.
1.-THE figures are lower than the alb
normal peak building years just past
| but still they show an astonishing vol
ume of work available" says the build
ing press group. -Four billions Of dol
| lars (fiye billion at 1929 values) spent
in one year for building construction
is. in the light Of other industries,
! titanic figure.
"a public more building conscious !.
coming into the market, encouraged or
| every hand by lower costs and new and
easier methods Of building or acquir.
| ing buildings.
1.-THE figures presented are cold. stark
facts-they have not been colored OF
arranged to present favorable out
look; they show the building industry
as it is today and as it will be during
the next six months"