CONSTRUCTION: High Building

U.S. building, which has been setting record after record, last week reached a new high. So reported the Departments of Labor and Commerce. Total new construction reached $4.2 billion for April, up 13% over last year for the first four months. Private construction, up nearly $400 million over last year to $2.9 billion in April, also reached a new record of $10.7 billion in the first four months, largely helped by a 29% rise in home building over last year. Federal Housing Commissioner Julian Zimmerman predicted 1,284,000 new housing starts in 1959 v. 1,201,000 in 1958, but private builders...

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