OCR Text |
Show The railroad strike hampered lumber shipments but still the industry in-dustry makes a record movement of products. In April, 1922, building contracts awarded in the 27 northeastern north-eastern states reached the unperecedented sum of $353,192,000. The April record was 20 per cent higher than that of the preceding month, and 60 per cent ahead of April, 1921. Contracts for the first four months of the year amounted to slightly less than a billion dollars. May and June of this year carried the building boom even higher, high-er, and led to the expectation that the total for 1 922 will be far greater great-er than that of any other year. About 40 per cent of the building is for residential purposes, About 1 8 per cent is for business, and about 8 per cent is for industrial indus-trial purposes. Lumber is the great American building material for the man of moderate means and is indispensable in our great industrial building build-ing programs which require lumber in making forms for concrete, etc. |