1926-06-07 — Page 5

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THE

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Telephone Central 2004.

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There is a grade to suit every negative.

Sole. Manufacturers:

WELLINGTON & WARD, LTD., ESTREE, HERTS.

Obtainable at

All Photographic Dealers.

THE HONGKONG TELEGRAPH.

BUILDING COSTS.

BRITISH AND AMERICAN

COMPARISONS.

American financiers who have been studying the London real estate and building situation have, isened a report which points out that while the American builder gets 14 dollars a day compared with the Londoner's 4 dollars, coats are on an equal sealo.

This they attribute to the fact that we "have been slow to adopt American efficiency methods." But they admire our actual build- ing work. London (they say) builds. soundly and well.. We could not but admire the high

character of their construction.

MONDAY, JUNE 7, 1926.

The more progressive of the living and the lack of modern British contractors are alive to convenlencoe London will undergo this situation, and are doing every- a tremendous building programme. thing they can to correct it.

...TËE NEW REGENT-STREET, NO SKYSCRAPERS.

Those who have not been to "Seven or eight stories is, about London recently will be greatly the limit of building height any impressed by the improvements in This reduces Regent-street, where a great many where in London, the income as compared with leaseholds have expired on parcels American buildings. It keeps of land owned by the Crown." The down the cost of the land, and Crown has released these parcels makes the business aren spread for long terms of years at higher rentals, with their strict building "The Londoner seems absolutely requirements, and ofi these convinced that high buildings are locations have been erected build- not desirable, and while they mayings of very beautiful architec- increase their height from, time to tural design in white Portland time it will, in my opinion, never stone.. be to any great extent.

out.

These now buildings are all about six or seven stories high, as against the three-story buildings which they replaced. The ground foors are apparently well rented, but there is a considerable num- yer of offices on the upper floors which have not yet been absorbed, has never been considered much possibly because' Regent-street

of an òmée-building thoroughfare,

"Some of the accommodations. and conveniences of American office buildings are inadequate in London structures. For example,

"We found that London rents and net incomes from buildings compare favourably with ours and "While they can learn some in some instances are higher. In things from us, we can learn much many cases they show a net in- from them." is the summing up."

come of 10 per cent, on the entire New York. Introduction of capital. In most buildings rents American ciiciency in building are quoted 'plus rates and taxes and construction would go a long rates, in the English parlance, way towards nolving Europe's being the real estate tax assessed present industrial problems, by the local authorities, and according to a report given out taxes' being the levy against the recently by four "American income of the building assessed by financiers who have just complet-the Crown, similar to our Federal ed an intensive study of the Lon-income taxes. don real estate and building situa. "Tenants in the more modern many of the elevators are only type of apartment buildinga paylarge enough to accommodate four Completed by four officers of rates comparable with ours, and passengers... S. W. Straus and Co., the survey in some of the downtown or "City" is unique in that it marks the first office, buildings we found rentals elforts ever made by an Ameri-higher than anything paid in New can house engaged in financing York. In one instance 10 dollars American building construction t. per square foot was paid: comb the European situation for "De-luxe apartments, or 'super- useful facts and ideas. The four flats as they call them, are be officers who completed the studies goming more and more popular, were Nicholas Roberts, Herbert S. due to the fact that the rest of Martin, Nicholas R. Jones, and maintaining a London town house Ralph D. Kaufman.

of many rooms has become pro- hibitive for most English post-war incomes.

tion.

With regard to the facts of special interest to American building, real estate and financial interests, Nicholas Roberts, who

i

"Summing up, we were much impressed with the sound, con- Bervative viewpoints and integrity of the British people. While their is not building construction carried through as intensively as ours we could not but admire the high eharacter of their construc- tion, London builds soundly and well.

"We were impressed with the very high type of men engaged in "While you see 'For Sale' signs real estate and building activities. on many houses in the fashionable They are studying their problems handed the committee, said:—

Mayfair district, most of the high-carrostly and seem to have a de- "We found building costs in grade flats throughout the city sire to bring about more efficient London were about the same as in are 100 per cent, rented. In fact, building methods. the Inrge American cities, notwith-we saw few vacancies in any type standing the fact that our labour of apartment building.

is paid about three times as much, on the average us theirs.

"Bricklayers in New York, for example, are now getting 14 dollars (£2 17a. Gd.) a day, while the scale in London is four dollars a day." With this striking dif- ference in labour costs, it would seem that building costs in London should be considerably lower than here, but the sceming discrepancy is accounted for in that the Eng- lish builder has been slow to adopt American offciency methods. building which we would erect in nine months would require almost twice that time in London.

LITTLE CENTRAL HEATING.

"It is difficult to compare their moderate-priced apartment build- ings to ours, as the accommoda- tions are quite different. Very few of their buildings of this type have a central heating plant, but depend entirely on small coal grates. In fact, steam-heate-l buildings are rather an unusual thing in. London, as is the apart ment building which supplies hot- water at all hours)

"While they can learn some things from us we can learn much from them."

WAR DEBTS.

YUGO-SLAV SETTLEMENT

APPROVED.

Washington, June 6 The House of Representatives has approved of the Yugo-Slav "Some of the new buildings debt settlement by a majority of make an advertising feature of 80 votes to 14-Renter's Ameri. central heating plants and con- can Service. stant hot water.' Many of the English residences

and the smartest clubs have no furnace or central heating plant, but depend on the famous English hob-grate.

INTRODUCING U. 9. METHODS. "Several of the best English builders have made extensive studiea of American methods, and one large building concern has at "The demand for apartments is present an American building apparently very good, judging superintendent brought over to from tlie fact that there are no organise their work after the vacancies. There has been, how- methods used here. It will take ever, no considerable development

the two

three-room some time to get our methods in in

or

full swing, if this can over be kitchenette apartment type, which G

one

accomplished.

is so popular in America. "As an example, the American "Whether this will come or not superintendent on

job depends on whether this type of attempted to introduce our, hang- living quarters will appeal to the ing scaffold, which enables brick- medium-salaried man, clerk and layers to work much more con-white-collar worker. In America income veniently and rapidly. We were families of moderate told that the British workmen apparently live in much better would not, work on this scaffold. quarters than families of equal The builder had to abandon it and incomes in London, owing to the erect a seaffold of iron.

shortage of this class of building. "It is interesting to note that in assessing real estate taxes or rates, it is the practice of the London authorities to use the in- come of the building, rather than the value of the bricks and mortar. "We regard as obsolete build- ings which they would consider We heard comparatively, new. the Queen Anne's Mansions, which were built about 30 years ago, frequently referred to as a com: paratively new building...

"In some of the snfuller jobs, we saw derricks being worked with Hand power, and it was quite noticeable that the usual hustle and bustle of an American job was lacking.

"It is not only the equipment used which slows up the job, but it is also the Jack of American methods of planning beforehand for the flow of materials on the job.

"In other words, there is not the co-ordination between all the sub- "If the Londoner becomes, dis- contractors that we have here. I satisfied with his present mode of

"

H

MOTOR NOTES.

Fafnir Ball Bearings Ford Coils, Paints & Accessories Fuses, Fuse Boxes and Fitmenta

Gillan Ignition Specialition Gates Volcà Belts & Radiator Hose Gilmer Lacing & Webb Straps

Host Coll Testern & Battery

Instruments

Hurtung Battery Accessories Hobbs, MetalSpecialities, Cotlers

Lockwashere, &c., .

Imporini Motor Accessories Indestructo Moter Tools Imperial Copper Pipe Fittings

Jefferson High Tension Coile - Joints. Ball & Socker

John-Manvillo Bheet Packing

The Hongkong Hotel Garage Bales and "Accessoriva:

Queen's Road Contral

Tel, 0.4759

Service and Partn

Stubbe Road

Tel. G.

0.4602

Kind Words

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