NEW BUILDINGS
LARGE INCREASE IN TIMARU LAST YEAR’S FIGURES There was greater activity in the building trade in Timaru last year than had been the case for some time, and the value of the structures erected was £45,197 greater than the figures for 1933. The total value of buildings erected last year was £75,944 compared with £30,747 in the previous year, an increase of nearly 150 per cent. There was a great boom in building in September, October and November, owing largely to the introduction of the Unemployment Board's subsidy, and in those three months buildings valued at £36,466 were undertaken, the figures for the corresponding months in 1933 being only £13.973. ' There was a large increase in the number of permits issued, 80 new houses being erected against 31 the previous year. The only department which did not show an increase was the erection of shops, only two being built last year compared with four in 1933.
The building trade should receive a decided fillip this year by improvements and new structures to be erected. The proposed new buildings will probably include the Bank of Australasia on the corner of Beswick and Stafford Streets, the hospital block, if sanctioned, estimated at approximately £IB,OOO, and the reconstruction of the interior of the Windsor Hotel, at the corner of George Street and Cain’s Terrace, which is to be converted into offices. The detailed figures of building activity during the past two years is as follows: Permits Issued. Value. 1933. 1934. 1933. 1934. £ £
Jan. 6 9 1.939 4.180 Feb. 4 5 898 4.158 Mar. 2 8 350 2.974 Apr. 6 10 1.331 4.229 May 5 13 1.427 6.491 June 5 12 2,212 3.746 July 6 3 1.603 409 Aug. 18 18 5,568 7,513 Sept. 23 27 6.628 15,353 Oct. 6 20 1.747 12.246 Nov. ,. 10 16 5.598 8,867 Dec. 5 10 1.446 5.778 Totals 96 161 £30.747 £75,944 New Houses. 1933. 1934. January 1 4 February 1 3 March — 4 April 1 6 May 2 4 June — 4 ' July 2 — August 4 5 September 9 16 October 3 16 November 6 11 December 2 7 Totals 31 80
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Bibliographic details
Timaru Herald, Volume CXXXIX, Issue 20000, 7 January 1935, Page 9
Word Count
356NEW BUILDINGS Timaru Herald, Volume CXXXIX, Issue 20000, 7 January 1935, Page 9
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