The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-12-30
MARKED BOOST
is RECORDED IN
BUILDING WORK
aIf-Month Total Shows so
Per Cent Increase
Over 1882.

Contracts for construction prof.
ects of every description placed dur
ing the first half of December
totaled $122,877 200 in the thirty
seven eastern states, according to
figures of F. w. Dodge Corporation.
This total for the half month was
more than so per cent larger than
the total reported for the entire
month of December, 1882. In addi-
ton the figures we're more than 10
per cent ahead of the total reported
during the first half of November,
1888.
Residential building contracts
placed during the first half of De-
cember totaled 1899 200 as against
S12,957 500 for the entire month of
December, 1882. For public works
and utilities contracts were almost
twice as large as the total reported
during all of December last year,
while for nonresidential building
the total of $25 ,423, 100 for the first
half of December compares with
S24,944,9 900 for the entire month of
December, 1882.
The contract volume of 1852, $780,
600 reported for the thirty-seven
eastern states during November was
almost II per cent larger than the
total shown for October and almost
SIS per cent ahead of the contract
volume registered for November
1882.
Public Funds Spent
OF the November construction
total about $127,OOO,0 900 was for pub
licly-financed construction while
the remainder represented pri-
vately- financed undertakings. The
publicly financed o'nstructio n
awards during November were al
most seven times as large as the
total for this class of work shown
during April of this year when such
work was at its lowest ebb.
1t is of interest, however, to note
that though public work largely has
been responsible for the recent in
creaSes in construction awards
generally there has been measur-
able improvement also in privately
financed construction projects as
contraSted with year ago.
During November residential
awards totaled $23,615, 700 as against
21,525,70O in October and $19,-
245,300 in November, 1882. Nom
residential building contracts placed
during November amounted to ST.
635,300 as against $31,1174OO in
October and $31 ,844 300 in November
OF last year.
Contracts placed for public works
civil engineering projects
October and $50,095, 900 in Novem-
Der as contrasted with $85, 729 900 in
October and 50,095, 900 in Novem-
Der, 1882; while awards for public
utilities (also civil engineering
amounted to S6,938, 400 in November
as compared with $6,995, 100 in Oc-
tober and $4,116,300 in November,
1882.
Loss Figure Falls
Total contracts of all descriptions
awarded during the elapsed eleven
months of 1888 amounted to $1048,-
$4,000 as against $1,269 939 400 in
the corresponding period of 1882 1t
appears likely that for the full year
1888 the total will approximate
S1,200.000,000 which if realized
would mean a loss from the total of
$1,351 100000 for 1882 of only about
IL per cent though at mid year the
loss was running at about IS per
cent.
Another item of decided encour-
agement is to be found in the Mo-
vember data on contemplated con-
Struction which totaled 1899, 131 100
as contrasted with 1886. 627 300 in
October and only $114,349,000 in
November, 1892
The current contemplated total is
larger than that reported in any
other month since April, 1890, and
holds large promise for early trans
lation into increased totals for con-
tracts