Reversal of Decline Tendency Welcomed London, Jan. 20.
The cost of building plans approved in December, rose 125 per cent. compared with a year ago.
The rise amounting to £1,085,000—the month's total being £9,164400—is the first since April last in view of the key position of the building industry in the economic system.
A reversal of the recent tendency for decline in the monthly value of the plans approved. is generally welcomed, though it is recognized that building is not likely to continue to play quite so big a part as in the last few years in the general economic activity—Wireless through Roup ter,
Text read from the printed page and cleaned; old type leaves the occasional error.