BUILDING IN FEBRUARY

Evening Star, Issue 21354, 7 March 1933, Page 2

BUILDING IN FEBRUARY

LITTLE ACTIVITY IN CITY r j VALUE OF PERMITS LOWEST FOR YEARS The ultimate effect of the termination of the Government building subsidy was severely felt during the month of February, when the value of building permits issued by the city building surveyor during February dropped to £5,149, the lowest figure recorded since the beginning of the economic , depression. For February last year the total was £0,982, the next lowest figure recorded, and it is in marked contrast to the amount of activity in the same month during the previous four years, when the totals were: 1928, £54,740; 1929, £39,693; 1930, £29,969; 1931< £21,407.

Only. once during 1931 was the monthly total below the £IO,OOO mark, though in .1932, when tlio slackness in trade forced down building costs, five months returned totals below this figure. In January of this year when fifty permits valued at £12,449 were issued, the following builders received contracts to the value of £SOO and over:—A. H. Brown, composite dwelling, Cairnhill street; J. Downie, composite dwelling, Oakland street; J. G. Mills, composite dwelling, Dornock street; T. R. Thomson, composite dwelling, Pine Hill road; 11. Mitchell, alteration to shop front and repair of the South .Dunedin Savings Bank; J. C. Stephenson, wooden dwelling, Mornington road; H. Moir, composite dwelling, Warden street; Ac M. Comber, brick dwelling, Alva street; G. P. Booth, composite dwelling, Cairnhill street; W. B. Quenuell, wooden dwelling, South Valley _ road; L. Griffiths, composite dwelling, Napier street.

The thirty-five permits issued for February included the. following contracts valued at over £SOO;—J. Donaldson, composite dwelling, Earl’s road; J. 11. Muir, shop, Highgate; IV. Ross, composite dwelling. Hunt street; A. H. Brown, composite dwelling, Pine Hill terrace.