Past Year’s Building Valued at £2,384,000

Sun (Auckland), Volume III, Issue 866, 9 January 1930, Page 10

Past Year’s Building Valued at £2,384,000

GREATER AUCKLAND DECREASE OF £221,500 The total value of building permits issued by the local authorities of Greater Auckland for 1929 is disclosed by the year’s returns as £2,384,000 This sum represents a net decrease of £221,500, or approximately Si per cent. The difference is accounted for largely by the fact that 192 S was the year in which several big works were started in the City, including the new railway station, which alone would account for £328,000. The statistics show that the number of new dwellings for which permits were granted was 1,186. one less than in 1928. The total value, under this heading, was £1,052,000. The value of permits issued by the respective authorities in 1929 aud 1928. including permits for additions and alterations, is shown in the following table:—

Although a majority of the districts show decreases, two of the North Shore boroughs record a considerable advance. The Devonport figure has nearly doubled and Taltapuna’s Is about one-third more. Ellerslie has experienced a rise of nearly 40 per cent., and Papatoetoe, One Tree Hill and Birkenhead also come out on the right side, although by narrower margins. The following is a return of the number and value of permits for new dwellings in 1929, with the number issued in 1925, for purposes of comparison:—

Here again Devonport shows an increase in the neighbourhood of 100 per cent. Takapuna, Auckland City, Mount Albert and Papatoetoe have advanced. There has been a heavy fall-ing-off in the districts along the northern railway, the reason given by one local body being that speculative building has ceased in that region. Blocks of flats are included in the monthly returns forwarded to the Government Statistician by the local authorities, but whether as individual “dwellings” or groups of the latter is not clear. A detailed return of permits for such buildings is not obtainable at present. Generally, the figures show that building in Greater Auckland has been maintained on the whole very well in the past year. Although liouse-build-ing is everywhere described as "quiet,” living accommodation has been provided, at a modest estimate, for an additional 4,000 people.

SEARCH FOR OIL OPERATIONS AT GISBORNE Press Association GISBORNE, Today. The Taranaki Oil Fields Company reports:—Gisborne No. 2 well: Water shut off: now running core barrel. BUTTER AND CHEESE Merchants report receipt of overseas cables as follow: —- N.Z. Loan and Mercantile Company, Ltd., from London: —N.Z. dairy produce: Butter, choicest unsalted, 153 s to 1545; cheese, white 86s; coloured, 84s. COLOMBO TEA COLOMBO, Tuesday. At the opening tea sale of the year at Colombo the quality of the offerings showed improvement. This resulted in an advance of 5 to 7 cents on all grades. Next week 2,910,0001 b. will be catalogued. WAIOTIRA STOCK SALE From Our Own Correspondent AVHANGAREI, Wednesday. Alfred Buckland and Sons, Ltd., report holding a very successful stock sale at Waiotira yesterday. Both beef and store cattle sold freely. LONDON STOCK EXCHANGE LONDON, Wednesday. The following are among today’s quotations on the London Stock Exchange:—Bank of Australasia. £ll 16s 3d: Bank of New South Wales. £37 ss: Union Bank of Australia, £ll 17s 6a; National Bank of New Zealand, £6 12s 6d; Bank of New Zealand, 4 per cent, guaranteed stock, £94; Bank of New Zealand, shares, 56s 3d; New Zealand Loan and Mercantile Agency Company, Limited, 4 per cent, debentures, £7l; stock, £lll 10s. SOUTHERN EXCHANGES Christchurch.—On ’Change: Bank of New South Wales, £4O 12s 6d; Union Bank of Australia (cum div.), £l2; Staples’ Brewery. 54s 3d.

1929. . £1,530,061 21,724 10,133 59,274 51,062 80,068 192S Birkenhead Northcote Takapuna Devonport .. . Mount Albei t .. . 21,114 13,312 43,920 27.424 147,530 Newmarket .. . 22,'390 44,756 Otahuhu Henderson .. . Glen Eden .. . : ti m : 2, S70 7 5:SS 7, ISO Ellerslie 29,946 21,923 One Tree Hill . . . fieivor. 10l’"S 2 Mount Wellington IS, 575 3l!9Sl Totals . £2,384,559 £2,605,9S6

Value. No. No. Auckland City <£ 473,822 1929 490 “ii Birkenhead 3 7.479 25 29 Northcote 5,714 7 S Takapuna 42', 805 53 45 Devonport . . . 32,070 Mount Albert . . - 119,S40 Mount Eden .. . 52,310 58 78 Newmarket .. . 5.4SS 3 Onehunga Otahuhu 3S,856 50 Henderson . . . s,4?7 2,150 9,265 Ellerslie .. • Papa toe toe .. . 14,999 34,433 47 One Tree Hill Mount Roskill . . 73,103 Mount Wellington 1*»,825 27 Totals... .. £1,052,105 1,186 1,187