Show VAS S N IN TISCO fRISO IN N UNION Prices of I Have Decreased Decreased De De- De- De creased However but put All Construction Is Still in ii a Demoralized Condition SAN FRANCISCO June 12 The The c committee appointed by the Builders' Builders exchange to confer with bankers builders build build- ers investors and the labor interests letur returned ed its report t to th the exchange yest yes yes yesterday t The report says that conferences conferences conferences confer confer- have been held with all of the bodies boies mentioned and that wa wanes wages es an and prices of material have been g gated The committee found that the cost of materials has declined considerably during th the last month and that a althou al al- thou though h not yet at its normal standard reductions in many instances are 25 per cent lower The supply of materials materials mate mate- rials is said to have increased considerably considerably consider consider- ably because of unusual inducements to organize new manufacturing plants Wages are found to be greater than thanin thanin in many any other ether city in inthe the Union The great lem demand nd for workmen in all trades is stated as the reason for the contin contino continued high wages wages since since April 1906 The report concludes by recommending recommend ing in that a committee of three be appointed ap- ap pointed with power to add to its number numer num- num ber er to meet representatives of the Building Trades' Trades council and the real estate board hoard in iii an endeavor of arrive at a definite agreement for a stated period so that building may be continued continued con con- t with se security as to cost and per per- |