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BOUGHT WITH THE INCOME FROM THE SAGE ENDOWMENT FUND THE GIFT OF licnrg m. Sage 1891 fiJ8[M. M± The original of this book is in the Cornell University Library. There are no known copyright restrictions in the United States on the use of the text. http://www.archive.org/details/cu31924030219988 Eonbon County Council Cornell University Library HJ4338.L8 A5 Arrest In the growth of the rateable val 3 1924 030 219 988 olin Overs ARREST IN THE GROWTH OF THE RATEABLE VALUE OP LONDON. Report by the Assistant Statistical Officer as to decrease in the Rateable Value of London produced by the Quinquennial Valuation which came into force on the 6th April, 1911. telephones and telegraphs CONTENTS. 1. Decrease by the Quinquennial Valuation, 1911 2. Results of previous Quinquennial Valuations.. 3. Results of 1911 Quinquennial Valuation for the metropolitan boroughs 4. Results for various classes of property i. Public service undertakings Railways Tramways Gas, electricity Water, docks, canals, hydraulic power, ii. Local authorities' property iii. Government property . . iv. Licensed premises v. Land, cemeteries, and tithes . . vi. All other premises Factories Warehouses, wharves Offices, shops . . • Theatres, music-halls, clubs, flats Artisans' block dwellings Miscellaneous properties, residential premises vii. Summary 5. General causes affecting growth of rateable value i. Movement of the population outwards Extent of the movement outwards Causes of the movement outwards Development of extra-London Dissatisfaction with older houses Extension of locomotion facilities ii. Slackening in the expansion of Greater London 6. Prospects of future growth of the rateable value of London Appendix A. — Table showing the rateable value of public service undertakings, government property and other special classes of property in each borough at the Quinquennial Valuation, 1911, to- gether with the increase or decrease on the rateable value in force prior to the Quinquennial Valuation Appendix B. — Table showing the rateable value of factories, shops and other classes of property in 18 metropolitan boroughs at the Quinquennial Valuation, 1911, together with the increase or decrease in the rateable value in force prior to the Quinquennial Valuation Appendix C. — Diagram showing the general trend of the rateable value of Greater London, London and extra-London since 1871 Appendix D. — Diagram showing the annual growth of the rateable value of London and of extra- London since 1871 PAGE 1 1 3 4-14 5-7 5 5-6 6 7 7-8 8 8 9 9-14 10 11 1? 14 13-13 14 14 1517 15-17 15 15-17 15-16 16 16-17 18 18-19 20-21 22 28 24 14962 807 ARREST IN GROWTH OP RATEABLE VALUE, To the Local Government, etc., Committee. The quinquennial valuation of London, which, in the past, has resulted in large increases of rateable value, produced in 1911 a considerable decrease. On the 17th November, 1911, I presented to the Committee a preliminary report on the subject ; 1 now present the results of a more detailed examination made in accordance with the instructions of the Committee. 1. DECREASE BY THE QUINQUENNIAL VALUATION, 1911. The Committee may remember that the Quinquennial Valuation lists, as deposited, showed a decrease in the rateable value of London as compared with that in force during the preceding year of £189,717. This decrease has since been augmented by the result of appeals against the quinquennial valuation, the total decrease, taking into account the appeals decided up to the 5th April, 1912, being £304,487 ; and there are still a few appeals outstanding. This decrease in the rateable value of London between the 6th April 1910, and 6th April, 1911, is a net figure made up of two factors, namely, (1) an increase in respect of new properties, and (2) a large decrease by the quinquennial re- valuation. The increase and decrease due to these two factors, respectively, cannot be ascertained accurately. With regard to the first factor, the increase in the year before the quinquennial re- valuation, was £270,058, and in the year after the re- valuation, £231,083 ; the mean being £250,570. Assuming this to be the increase due to new property included in the quinquennial lists, the decrease due to re-valuation would amount to £555,057, thus accounting for the net decrease of £304,487. The decrease would probably have been greater but for the fact that there has been in recent years a growing practice of reducing assessments from time to time when rents are reduced on new lettings. Strictly speaking, such reductions of assessment should, as a rule, only take place at the quinquennial re-valuation and not by provisional or supplemental fists, unless a specific cause can be shown apart from general depreciation. In effect the new practice anticipates decreases that would otherwise have been made at the quinquennial re- valuation ; and a correction on this account would augment not only the net decrease shown by the quinquennial lists (£304,487), but also the estimated increase in respect of new properties (£250,570), thereby considerably enlarging the estimated decrease by the quinquennial re-valuation (£555,057). 2. RESULTS OF PREVIOUS QUINQUENNIAL VALUATIONS. The following table shows the growth of the rateable value of London since the passing of the Valuation (Metropolis) Act, 1869. An apportionment is made in the table between the increase of assessment due to new properties or additions and the increment due to re-valuation. In making this apportionment "it has been assumed that the supplemental lists represent only new properties or additions, and though this is not absolutely correct it is probable that taking one factor with another the totals very nearly represent new properties. A greater margin of error must be allowed in the more recent years owing to the extension of the practice of reducing assessments during the quinquen- nial period. The increase due to new buildings in the quinquennial year has been estimated at the average of the next previous and subsequent supplemental lists. This basis is not satisfactory, but the form in which the various quinquennial lists are prepared does not allow of more accurate informa- tion being obtained by analysis. Turning to the figures shown in the table it will be seen from column 5, that up to 1911 there was an increase in every quinquennial year since the passing of the Valuation (Metropolis) Act, 1869, the greatest increase being £2,261,746 or 8-97 per cent, in the year 1881, and the smallest £1,084,256 or 3-66 per cent, in the year 1886. In 1911, for the first time, there was a decrease. Similarly, col. 4 of the table shows that as regards the estimated effect of re-valuation there had been until 1911 an increase at each quinquennial re-valuation, ranging from £1,702,338 in 1881 to £684,885 in 1886, the increase in 1906 being £1,158,435, while in 1911 there was a decrease estimated at £555,057, The general trend of rateable value since 1671 is shown graphically in the first diagram attached (Appendix C), while the second diagram (Appendix D) shows the variation in the growth of rateable value year by year, 14193 A Growth of the Rateable Value of the County of London since the passing of the Valuation (Metropolis) Act, 1869. Year in which the valuation list came into force, 6th April. Rateable value. Increase (+) or decrease (- ). Due to new buildings. By quinquennial re-valuation (estimated). 4 Total. 5 Increase (+) or decrease (-) per cent. Annual increase. 6 By quinquennial re-valuation (estimated). 7 In each quinquennium. 1871 1872 1873 1874 1875 1876 1877 1878 1879 1880 1881 1882 1883 1884 1885 1886 1887 1888 1889 1890 1891 1892 1893 1894 1895 1896 1897 1898 1899 1900 1901 1902 1903 1904 1905 1906 1907 1908 1909 1910 1911 £ 19,963,285 20,272,171 20,539,971 20,888,389 21,292,559 23,240.070 23,573,096 24,053,542 24,594,293 25,206,745 27,629,2415 28,135,604 28,652,847 29,158,002 29,632,463 30,716,719 31,041,000 31,316,073 31,588,153 31,777,015 33,004,612 33,264,483 33,578,860 33,902,747 34,221,830 35,793,672 36,083,950 36,584,981 37,022,237 37,562,187 39,643,618 40,103,872 40,623,989 41,086,974 41,656,493 43,324,297 43,773,517 44,255,506 44,596,231 44,866,289 44,561,802^ Total increase, 1871-1911 308,886 267,800 348,418 404,170 368,598a 1,697,872 333,026 480,446 540,751 612,452 559,408a 160,7506 2,686,833 506,363 517,243 505,155 474,461 399,371a 1,578,913 1,578,913 1,702,338 1,702,338 2,402,593 324,281 275,073 272,080 188.862 224,366a 1,284,662 259,871 314,377 323,887 319,083 304,681a 1,521,8 290,278 501,031 437,256 539,950 500,102a —69,686c 2,198,931 460,254 520,117 462,985 569,519 509,369a 2,522,244 449,220 481,989 340,725 270,058 250,570 1,792,562 16,107,596 684,885 684,885 1,003,231 1,003,231 1,267,161 1,651,015 1,651,015 1,158,435 1,158,435 —555,057 -555,057 308,886 1-55 267,800 1-32 348,418 1-70 404,170 1-93 1,947,511 9-15 3,276,785 333,026 480,446 540,751 612,452 2,261,746 160,750& 4,389,171 506,363 517,243 505,155 474,461 1,084,256 8,490,921 3,087,478 324,281 275,073 272,080 188,862 1,227,597 2,287,893 259,871 314,377 323,887 319,083 1,571,842 2,789,060 290,278 501,031 437,256 539,950 2,151,117 —69,686c 3,849,946 460,254 520,117 462,985 569.519 1,667,804 3,680,679 449,220 481,989 340,725 270,058 -SOL, i,87 1,237,505 24,598,517 1-43 2-04 2-25 2-49 8-97 •64 1-83 1-84 1-76 1-63 3-66 1-06 •89 •87 ■60 3-86 •79 •95 •96 •94 4-59 •81 1-39 1-20 1-46 5-73 —■19 1-16 1-30 1.14 1-39 4-00 1-04 1-10 ■77 •61 —■68 7-91 7-33 16-4] 18-89 2-48 3-27 3-84 4-61 2-92 — ISA 42-53 11-17 7-45 8-45 10-76 9-29 2-86 123-22 W 191] -As altered by appealTTci&d uptoThe SthlprflfVll? l0nd ° n G °™™">* ^ct. M1 " 3. THE RESULTS FOR THE METROPOLITAN BOROUGHS. Before proceeding to consider the results from the point of view of the various classes of property it will be useful to consider the figures for the various metropolitan boroughs. The following table shows : — (1; The amount and proportion of the increase or decrease in rateable value in each Metropolitan Borough at the quinquennial valuation, 1911. (2) The increase at the previous quinquennial valuation (1906). (3) The increase in the four years preceding the quinauennial year and in the subsequent year (1912). Quinquennial Valuation, 1911 (as altered by appeals City or decided to 5th April, 1912). Increase ( + ) or Metropolitan decrease ( — j at previous Quinquen- Increase ( + ) or decrease |in -). Borough arranged in order of Increase ( + ) or nial Valuation inter-Quinquennial years. decrease in rateable decrease ( — ) on (1906). value — highest to rateable value on lowest — at the Quin- quennial Valuation, Rateable value. 6th April, 1910. 1911). Amount. Percent. Amount. Percent. 1907. 1908. 1909. 1910. 1912. £ £ £ £ £ £ £ £ Shoreditch 763,299 — 46,512 —5.74 + 17,84b + 2.27 + 6,417 + 1,136 + 1,207 1,733 + 170 Battersea 1,013,205 — 51,258 —4.82 + 23,989 + 2.32 + 8,123 + 2,395 — ■ 574 1,767 + 7,307 Stoke Newington 338,631 — 15,592 —4.40 + 3,917 + 1.12 + 989 + 773 + 511 823 + 118 Chelsea 901,151 — 33,466 —3.58 + 54,018 + 6.49 + 27,830 + 10,362 + 11,514 1,595 + 6,527 South wark 1,263,653 — 45,849 —3.50 + 20,973 + 1.65 + 17,657 + 6,481 — 4,548 + 10 5,243 Poplar 808,189 — 25,266 —3.03 + 18,374 + 2.24 + 1,265 776 + 180 . 1 4,532 + 1,572 Bethnal Green ... 533,514 — 16,345 —2.97 16,016 + 3.01 + 1,628 + 276 + 290 280 + 2,212 Lambeth... 1,906,525 — 54,272 —2.77 + 36,646 + 1.92 + 9,624 + 5,182 + 1,112 704 18,157 Finsbury... 1,004,961 — 25,584 —2.48 + 27,723 + 2.81 + 5,369 + 7,697 + 3,230 + 1,759 + 7,134 Bermondsey 919,998 — 22,721 —2.41 + 15,406 + 1.66 + 4,524 + 3,135 6,838 + 594 + 1,431 Hampstead 1,091,796 — 22,169 —1.99 + 35,848 + 3.48 + 16,104 + 10,466 + 12,824 + 7,500 + [6,138 Kensington 2,386,798 — 47,903 —1.97 + 63,490 + 2.77 + 26,485 + 23,977 + 20,356 + 4,747 + 10,950 Fulham ... 894,163 — 17,845 —1.96 + 40,431 + 4.81 + 16,653 + 13,015 — 3,610 + 4,969 + 2,487 St. Pancras 1,759,432 — 34,861 — 1.94 13,953 — .77 + 1,829 — 5,770 + 14,814 7,311 — 1,849 Woolwich 793,916 — 15,455 —1.91 + 40,427 + 5.57 + 13,662 + 8,276 + 8,536 + 13,135 + 10,322 Paddington 1,518,336 — 28,943 —1.87 + 46,658 + 3.15 + 9,768 12 + 6,049 + 2,931 ' 1,648 Hackney 1,214,408 — 21,650 —1.75 + 21,595 + 1.81 + 14,681 + 6,690 — 120! + 1,439 + 4,989 Islington 1,911,007 — 33,494 —1.72 — 16,271 — .84 + 3,183 + 13,367 + 5,781- 6,672 + 532 Camberwell 1,362,404 — 17,675 —1.28 + 44,817 + 3.42 + 7,065 + 10,438 + 6,016 + 379 + 4,508 Hammersmith ... 865,387 — 10,315 —1.18 + 53,012 + 7.12 + 11,911 + 13,964 + 10,794 + 41,723 + 5,026 Deptford... 640,163 — 7,194 —1.11 + 21,350 + 3.48 + 5,635 + 5,757 135 + 1,559 + 458 Wandsworth 2,126,139 — 3,353 — .16 + 134.112 + 7.45 + 70,186 + 56,177 + 42,417,+ 26,380 + 21,200 Stepney 1,488,901 — 2,042 — .14 + 56,425 + 3.92 + 5,220 + 4,311 — 7,176— 7,974 + 4,233 Lewisham 1,094,657 + 4,165 + .38 + 43,980 + 4.45 + 24,837 + 18,931 + 13,783 + 1,297 + 8,744 Holborn ... 1,097,342 + 9,281 + .85 + 64,615 + 6.66 + 11,173 + 6,423 + 21,495' + 14,881 + 3,657 Westminster 6,425,553 + 55,024 + .86 + 389,233 + 6.98 + 80,531 + 123,819 + 103,184 + 99,741 + 75,765 Greenwich 686,207 + 8,289 + 1.22 + 40,095 + 6.70 + 7,248 + 24,354 + 1,488 + 6,429 + 2,132 City of London 5,658,175 + 138,954 + 2.52 + 220,268 + 4.31 + 13,079 + 88,245 + 63,670 + 1 27,350 + 48,117 and Temples 1 St Marylebone ... 2,093,892 + 79,574 + 3.95 + + 1 146,764 + 8.35 + 26,544 + 22,900 + 14,475 + i 46,626 + 22,251 44,561,802 —304,487 — .68 ,667,804 + 4.00 + 449,220 + 481,989 + 340,725 + 1 270,058 + 231,083 It will be seen that the exceptions to the general decrease at the last quinquennial valuation are the central districts on the north of the Thames, viz., the City, Holborn, Westminster and St. Marylebone, where the increasing value of business premises still more than counteracts adverse influences, and the boroughs of Greenwich and Lewisham, where it happens that the increase in the rate- able value of public' service undertakings has more than counterbalanced decreases under other heads. In each case the increase is less than at the previous quinquennial valuation. In the remaining 23 boroughs there are decreases varying from .14 per cent, to 5.74 per cent. At the previous quinquennial valuation there were only two cases of decrease— Islington and St. Pancras — and these were small. From the distribution of the decrease it is difficult to deduce any conclusion as to the causes operating. Working-class and non-working-class boroughs, residential and industrial boroughs, riverside and inland boroughs, central and outlying boroughs, show similar rates of decline. 1419J An examination of the figures in the table for the inter-quinquennial years 1907-10 shows that the decline in values had set in long before the quinquennial valuation. In the four years in question decreases took place in the following boroughs : — Metropolitan Boroughs in which there was a decline in rateable value coming into force on 6th April. 1907. 1908. 1909. 1910. Nil. Paddington Battersea Battersea Poplar Bermondsey Bethnal Green \ St. Pancras Deptford Chelsea Fulham Ishngtin Hackney Lambeth Southwark Poplar • Stepney St. Pancras Shoreditch Stepney Stoke Newihgton The reduction in valuation in the 3'ears 1907 to 1910 is no doubt mainly due to the extension of the practice, already referred to, whereby assessment authorities have anticipated the quinquennial re-valuation and have acceded to applications for reductions of rateable value on the ground of depreciation in values since the quinquennial valuation took place. The falling off in the increases in all inter-quinquennial years is shown in cols. 5 and 6 of the table on page 2, from which it will be seen that the percentage of increase in 1910, namely, -61 per cent., was smaller than in any previous year since 1870, except 1890, when it was "60 per cent. 4. THE RESULTS FOR VARIOUS CLASSES OF PROPERTY. In Appendix A. an analysis is given (under all the heads for which information is available) of the rateable value of each of the metropolitan boroughs and of the increase or decrease in the rate- able value of such classes of property at the quinquennial valuation, as compared with the rateable value prior to re- valuation. The totals for the various classes of property and the amount and proportion of increase or decrease are as follows : — Class of property. 1. Public service undertakings — Railways Tramways ... Gas Electricity — Municipal Other \\ Water Docks and piers Canals Hydraulic power Telephones and telegraphs (other than Government). Government telegraph wires 2. Local authorities' property — London County Council, excluding tramways and housing. Metropolitan borough councils and City Corporation, excluding elec- tricity and housing properties. Guardians ... Metropolitan Asylums Board Other 3. Other special properly — Government (other than telegraph wires) Licensed premises, excluding theatres, music halls and clubsT Land, including cemeteries and tithes Rateable value according to the Quinquennial Valuation List, 1911 (including alterations on appeal up to 5th April, 1912). £ 2,238,600 346,583 976,227 106,554 321,293 427,852 635,265 208,858 14,398 38,479 101,923 845 4,989,030 617,208 256,C88 194,447 75,290 21,172 Total 4. AH other premises Grand total 1,164,205 847,060 1,599,063 92,434 8,691,792 35,870,010 44,561,802 ' Approximate increase ( + ) or decrease ( — ). Amount. +40,355 +29,621 £ - i59,322 + 129,648 + 84,394 + 69,976 — 5,262 — 7,916 — - 2,231 + 1,511 + 39,506 +150,304 + 9,611 + 7,059 — 3,613 + 2,734 — 1,274 +14,517 + 46,134 —385,440 — 1,883 —176,368 Per cent. - 6-64 +59-76 + 9-46 +60-96 + 10-16 +19-55 — -82 — 3-65 —13-42 + 4-09 +63-29 + 1-58 + 2-83 — 1-82 + 3-77 — 5-68 + 3-11 + 1-26 + 5-76 —19-42 — 2-00 — 1-99 5 The largest decreases therefore occurred under two heads— railways and licensed premises ; but, as will be shown later, large decreases also occurred under the head " all other premises." It will be convenient to consider the figures in some detail for each class of property. (i.) — Public Service Undertakings. Railways. The rateable value of railways was reduced from £2,397,922 to £2,238,600, a decrease of £159,322 or 6*64 per cent. The following figures are available for previous quinquennial valuations. In 1891 and 1896 the figures cannot be separated between railways and tramways Railways Tramways. Total. £ £ £ 1871 633,192 Nil 633,192 1891 1,879,534 1896 2,074,120 Increase 1891-6 + 194,586 1901 2,307,864 140,675 2,448,439 Increase 189G-1901 +374,319 1906 2,357,514 160,640 2,518,154 Increase 1901-0 +49,650 4 20,065 + 69,715 1911 2,238,600 346,583 2,585,183 Decrease 1906-11 —118,914 Increase 1906-11 +185,943 + 67,029 It will be seen that the increase in the assessment of railways between 1896 and 1901 was very important. The increase then fell off considerably, the increase in railways between 1901 and 1906 being under £50,000, or only about 2 per cent. New underground railways constructed between 1906 and 1910 produced further increases amounting in all to about £40,000. This brought the total assess- ment of railways up to £2,389,000 on the eve of the quinquennial valuation of 1911, when the decrease of £159,322 (referred to above) took place. It will be seen from the figures in Appendix A. that there was a decrease in the assessment of railways in 19 metropolitan boroughs and the City of London and an increase in 8 metropolitan boroughs. The greatest decreases occurred in the following boroughs : — Metropolitan Borough. Amount of decrease. Ptrcentage of decrease. Battersea £ 27,774 18-51 St. Pancras ... 24,555 8-26 Paddington ... 23,770 20-30 Shoreditch 17,044 19'07 Lambeth 15,187 13-58 Southwark 13,998 19-32 Hammersmith 11,516 1607 Wandsworth ... ... 10,659 13-80 Hampstead ... 10,552 24-65 The reduction in Battersea is no doubt partly due to the removal of the London and South Western engineering works from Nine Elms to Eastleigh in Hampshire. There are, probably, in other cases special causes of minor importance accounting to some extent for the diminution in assessment ; but the universal cause appears to be the reduction in railway receipts due to tramway and omnibus com- petition, and also the increase in working expenses. Apart from the general causes making for decrease or increase in value, it should be borne in mind that the correction of a previous over-assessment or under-assessment may have resulted in a decrease or increase in the rateable value. Tramways. The rateable value of tramways was increased from £216,935 to £346,583, an increase of £129,648, or 59-76 per cent. This increase in the tramway assessment is due to the electrification and extension of the Council's tramways. At the time of the quinquennial valuation which came into force in 1906, the southern lines, though largely electrified, had not developed their full traffics and the northern lines were still worked by horse traction. Except as regards extensions from year to year, the valuation of 1906 was retained until the re-valuation of 1911. The increase in the car mileage during the period 1904-5 to 1910-11 has been as follows : — - Car mileage. Horse. Electric. Total. 1904-5 (including approximate mileage on linej leased to North Metropolitan Tramways Co.) 1910-11 16,475,000 2,357,504 10,931,396 45,744,066 27,406,396 48,101,570 Moreover, electric tramways are assessed on a higher basis than horse tramways. In the first ylace, the cost of electric lines is greater than that of horse lines, and the net profits must be greater in order to make the undertaking a financial success. In the second place, the assessment repre- sents a higher proportion of gross receipts, mainly because the landlord is assumed to provide power- houses, cables and ducts, and expects rent thereon ; whereas in the case of horse traction, the motive power in the shape of horses, harness, etc., would be provided by the tenant, who would expect adequate profit on his outlay before estimating the rent he would be prepared to pay for the lines. The effect is that the standard of assessment is higher for electric lines than for horse lines earning the same gross receipts. Gas. The rateable value of gas undertakings was increased from £891,833 to £976,227, an increase of £84,394, or 9.46 per cent. In three boroughs there was no change ; in four boroughs there was a decrease ; in the remaining 22 metropolitan boroughs there was an increase. From the following table it will be seen that there was some increase in rateable value in the case of every one of the gas companies supplying in London. Rateable value. Increase. Gas company. Before After Amount. Per cent. re-valuation. re- valuation. £ £ £ South Metropolitar 221,847 263,573 + 41,726 + 18-81 Gas Light and Coke 574,945 603,101 + 28,156 + 4-90 Commercial ... 50,549 61,948 + 11,399 + 22-55 South Suburban 19,059 20,964 + 1,905 + 10-00 Mitcham and Wimbledon... J 1,480 2,171 + 691 + 46-69 Wandsworth and Putney... 12,012 12,504 + 492 + 4-10 Brentford 11,941 11,966 + 25 + -21 The previous quinquennial re-valuation (1906) produced a decrease in the assessment of the gas undertakings, their rateable value, which amounted to £923,924, on the 6th April, 1901, falling to £895,742 on the 6th April, 1906— a reduction of £28,182. This falling off was no doubt due mainly to the effects cf the electric light competition ; the present increase represents a recovery of this amount and a very considerable increase in addition. Electricity. In the case of electricity supply undertakings, as in gas undertakings, there has been a substantial increase in rateable value, viz., from £357,876 to £427,852, an increase of £69,976, or 19-55 per cent. At the last quinquennial valuation there was an increase between 6th April, 1905, and 6th April 1906' of £136,203, or 57-43 per cent. The increase in the rateable value of the borough council undertakings amounted to £40,355, or 60-96^ per cent. The figures for the various undertakings are given in Appendix A. under the heading '* Municipal." It will be seen from these that there was an increase in the rateable value of all the borough council undertakings, except two— Hampstead (where there was a decrease of £2,808, or 22 per cent.), and Woolwich. The principal increase was in the case of St. Marylebone where the assessment was increased from £7,890 to £32,543, largely as the result of action taken by this council. With regard to the companies' undertakings, the rateable value 'of nine undertakings was increased, that of five was reduced, and two remained unaltered. The figures before and after re- valuation were as follows : — Electricity Company. Rateable value. Before re-valuation. After re- valuation. Increase ( +) or decrease ( — ). Amount. Per cent. City of London Electric Lighting Co. County of London Electric Supply Co. Metropolitan Electricity Supply Co. ... Central Electric Supply Co South Metropolitan Electric Light and Power Co. Westminster Electric Supply Corporation .. South London Electric Supply Corporation.. London Electric Supply Corporation Notting Hill Electric Lighting Co St. James's and Pall Mall Eleotric Light Co! Kensington and Notting Hill Electric Li^ht Co Smithfield Market Electric Suppiy Co. ° ... Chelsea Electricity Supply Co. Brompton and Kensington Electric Lighting Co.!! Kensington and Knightsbridge Electric Lighting Co. Charing Cross West End and City Electric Supply £ 33,703 21,626 20,831 9,167 4,736 46,236 4,003 23,791 7,758 23,500 6,651 1,432 16,701 11,884 16,214 43,444 £ £ 46,196 + 12,493 + 37-07 28,456 + 6,830 + 31-58 26,717 + 5,886 + 28-26 14,067 + 4,900 + 53-45 6,998 + 2,262 + 47-76 47,939 + 1,703 + 3-68 5,503 + 1,500 + 37-47 24,485 + 694 + 2-92 8,172 + 414 + 5-34 23,500 6,651 — 932 — 500 • 34 92 16,084 — 617 3-69 11,218 — 666 5-60 13,834 — 2,380 = 14-68 40,406 — 3,038 — 6-99 The decrease in the case of the Charing Cross Company was in part due to the disconthn,™ r t a he ge S: r unt7 atl ° n m Lambett ' neaily ^ Wh0le ° f ^ ge * erati °* bei *S ™ *»» atSSS£ Water. The rateable value of the Metropolitan Water Board's undertaking in London was reduced from £640,527 to £635,265, a decrease of £5,262, or -82 per cent. Though the change inthe county as a whole was small, in many of the metropolitan boroughs there was a considerable variation, as will be seen from the figures in Appendix A. In spite of the fact that the new rates and charges, which came into force on the 1st April, 1908, had the effect of increasing the amount of the Board's revenue in London as a whole, the Water Board's assessment in London is now very little more than that of the combined assessments of the water companies in 1901, namely, £634,206. There can be no doubt that the assessment would be very considerably increased if the assessment were arrived at on the basis of net revenue. The apportion- ment between the districts is made on the basis of gross revenue, on which basis no credit is given to London for the greater profitableness of its supplies, every £100 of gross revenue in the City of London, for example, being given the same weight as the same amount of gross revenue in West Ham. The Courts, however, have refused to compel the Water Board to depart from this system, accepting the Board's plea that it was the only practicable method of making the apportionment. Dock. The rateable value of docks and piers declined from £216,774 to £208,858, a decrease of £7,916' or 3-65 per cent. A decrease occurred in six boroughs — Bermondsey, Camberwell, Chelsea, Deptford, Poplar, and Stepney, that is, in all the boroughs in which docks are situated, except Woolwich. The only increase was in the case of dock property in the City of London. At the time of the previous quinquennial re-valuation the docks had not been transferred from the dock companies to the Port of London. Authority. The increasing size of ships tends to develop the down-river docks outside London possibly, to some extent, at the expense of the docks in London. Canals. The rateable value of canals was reduced from £16,629 to £14,398, a decrease of £2,231, or 13-42 per cent. This decrease was mainly in the borough of Stepney, the assessment of the property of the Regent's Canal and Dock Company in that borough having been reduced on re- valuation from £9,000 to £7,000. Hydraulic Power. The rateable value of the property of the London Hydraulic Power Co., was increased from £36,968 to £38,479, an increase of £1,511, or 4-09 per cent. The company's property extends into 14 boroughs, and in 9 of these there was an increase in the assessment, the principal increase being in the borough of Southwark. There was a decrease of £609 in the assessment in the City of London, and a small decrease in St. Pancras. Telephone and Telegraph (other than Government Telegraph Wires). The rateable value of the telephone and telegraph property (other than Government telegraph wires, which are assessed at £845) increased from £62,417 to £101,923, an increase of £39,506, or 63-29 per cent. This assessment relates mainly to the property of the National Telephone Company (which at the time of the quinquennial valuation had not been taken over by the Govern- ment), the rateable value of that company's property in 1911 amounting to £100,303. Some increase in the assessment took place in every one of the metropolitan boroughs except Stepney. The principal increases were in the City of London, with an addition of £15,248 to the rateable value, and in Westminster, where there was an increase of £6,782. The decision of the Government with regard to the future assessment of the telephone under- taking of the company was stated by the Postmaster-General in the House of Commons on the 19th February, 1912 :— " The Government have decided to pay contributions in lieu of rates on premises taken over from the National Telephone Company in the same manner as on other Government buildings, and on lines in accordance with the assessments as they stood on the 30th June last." The rateable value of the lines is, therefore, to be stereotyped at the figure at which they stood on the 30th June, 1911 — this figure cannot now be stated as the lines were not assessed separately from the buildings in 1911 — and the possibility of any future increase of rateable value under this head consequently disappears. The lines of the original Post Office undertaking have never been assessed, nor has the Govern- ment paid contributions in lieu of rates thereon. If they had been assessed on the basis applicable to company or municipal undertakings, the rateable value of fines and buildings together would probably have been not less than £100,000. (ii.) — Local Authorities' Peopeety The property, under this head includes the offices of local authorities and buildings used for the purpose of local administration, such as schools, fire brigade stations, workhouses and asylums. It does not include tramways and electricity undertakings, which are dealt with under the head of " public service undertakings," or housing estates belonging to local authorities, which 8 are regarded as ordinary residential premises and included with them tinder the head of all other premises, or land and cemeteries which are included under that head." An alteration in the assessment of local authorities' property is, as a rule, due to an extension or alteration of the premises, and it will be seen from the figures in Appendix A. that the variations in the assessments of such property in the various boroughs are, as a rule, small. The principal altera- tions are in the City of London, where the assessment was increased from £94,029 to £106,882, an increase of £12,853, and in Greenwich where the rateable value was reduced by £5,145. Over £9,000 of the increase in the City was due to the assessment of certain property of the City Corporation previously exempt, namely, that occupied by the City Police and premises on land reclaimed from the Thames. The reduction in Greenwich was almost entirely due to the reduction in the assessment of the Foreign Cattle Market. ,.,.., (iii.) — Government Property. The rateable value of Government property was increased from £800,926 to £847,060, aa increase of £46,134, or 5.76 per cent. The greater part of this increase occurred in the City of "Westminster (£25,215), as the result of the erection of new government buildings ; in the City of London (£16,005) ; in Southwark (£3,194) ; and in Paddington (£1,200). The valuation of Government property is fixed by the Treasury Valuer, and an Assessment Committee has no right of appeal, and no means of obtaining a higher assessment, except by negotia- tion. Prior to 1890 Government property was greatly under-assessed, and this Council made represen- tations to the Government on the subject. A considerable improvement has since been made, as will be seen from the following figures of the assessment at which certain important Government buildings stood in 1891, 1896, 1901 and 1911 :— Property. 1891. 1896. 1901. 1911. General Post Office (including additions) Law Courts Houses of Parliament Barracks — Knightsbridge Wellington Customs House Royal Victoria Victualling Yard Somerset House ... British Museum ... Tower of London Prisons — Wandsworth ... Pentonville Holloway £ 13,317 12,930 2,730 3,750 2,900 5,224 8,913 10,000 3,500 Nil 1,616 1,600 1,210 £ 17,623 12,930 7,392 6,667 7,754 5,224 8,828 22,500 3,484 Nil 1,616 1,600 1,250 £ 38,780 40,375 40,000 7,333 9,920 8,100 15,000 22,500 10,000 5,000 5,200 4,261 4,000 £ 46.149 40,375 40,000 7,333 9,000 10,600 15,000 24,500 10,250 6,0C0 5,400 4,276 4,046 At the quinquennial valuation of 1911 there was little increase due to a reconsideration of the old figures. (iv.) — Licensed Premises. In the case. of licensed premises the quinquennial re- valuation was to a great extent anticipated owing to the imposition of the new scale of licence duties imposed in 1910. To obtain the total result, therefore, it is necessary to compare the valuation in 1910 with that in 1911. This comparison shows ™„ , 7 T 0i llcensed premises was reduced from £1,984,503 on 6th April, 1910, to £1,599,063 on 6th April, 1911, a decrease of £385,440, or 19-42 per cent A substantial decrease occurred in every one of the metropolitan boroughs, the lowest percentage of decrease being 9-69 per cent, m Wandsworth and the highest being 34-56 per cent, in Stoke Newing- Though changes in trade are, no doubt, responsible for some portion of the decrease, the reduc- Ao? I; Tr " t T^ ly f f- t0 th V™ e in licence duties imposed by the Finance fliS-lO) t 'a t 7,5 T , °I dUtleS Paid hj Ietail licenCe holders ^ London in the last year before ^^£F™ ma * m «*«*»*>«* ^ar, has been given as f ollow^T^ 1908-9 1909-10 1910-11 1911-12 £ 204,581 771,730 628,060 607,750 Increase over 1908-9. £ 567,149 423,479 403,169 Under the Finance (1909-10) Act, 1910, the increased duty was not to ho + a l™ • * at the annual value on which the duty was to be char^H W ?v , mt ° account m arriving 1911. This change no doubt mainly accounts for tSeduc'd amlTof t^l "/ ^ ***"»» Act > 1911-12 as compared with 1909-10. There is also some reductioTr^ TrateUt ^V* . 191 °- U and of licences under the Licensing Act, 1904. ^auction m rateable value by the extinction 9 (v.)— Land, Cemeteries, and Tithes. The alteration in the rateable value under this head was as follows : — Eateable value, 6th April, 1911. £ Land 70,467 Cemeteries 17,932 Tithes 4,035 Increase (+) or Decrease ( — ). £ + 37 — 1,821 — 99 92,434 —1,883 The decrease was, therefore mainly in the rateable value of cemeteries, there being substantial reductions in the cases of the Abney Park, South Metropolitan and Brompton cemeteries. (vi.)— All Other Premises. The rateable value of the categories of property referred to in the foregoing part of the report, amounts in total to the following : — , Proportion Increase or In ci ease or of total. decrease. decrease £ Per cent. £ per cent. Public service undertakings . 4,989,030 11.2 + 150,304 + 3.11 Local authorities' property . 1,164,205 2.6 + 14,517 + 1.26 Government property 847,060 1.9 + 46,134 + 5.76 Licensed premises . 1,599,063 3.6 —385,440 —19.42 Land, etc. 92,434 .2 19.5 — 1,883 — 2.00 [ 8,691,792 —176,368 — 1.99 Balance — being " all other premi ses ' i9i: ' 35,870,010 80.5 100.0 Total rateable value, 6th April, L 44,561,802 As the category " all other premises " comprises 80.5 per cent, of the total rateable value of London, some further analysis is necessary to ascertain the change in the assessment of various categories of premises comprised under this head. The work involved in making such an analysis for the whole county would have been very great and the analysis has been therefore limited to 18 metropolitan boroughs and to all classes of property other than ordinary residential houses, the results being set out in Appendix B. The following figures show the total rateable value for the 18 boroughs as compared with that of the whole of London : — Administrative County of London. 18 metropolitan boroughs (in Appendix B.) Proportion of the 18 metropolitan boroughs of -the total. Total rateable value 6th April, 1911 Rateable value of properties dealt with under preceding headings. Rateable value of " all other premises " 44,561,802 8,691,792 35,870,010 20,104,435 3,884,169 16,220,266 Per cent. 45-12 44-69 45-22 It will be seen that these 18 boroughs contain 45-12 per cent, of the total rateable value of London, and 45-22 per cent, of the rateable value of premises other than the special classes of premises already dealt with. The decrease in the rateable value of special properties in these 18 boroughs was £129,025 or 3-21 per cent., as compared with a decrease of 1-99 per cent, for the whole of London. The analysis of the valuation lists of these boroughs, apart from special properties already referred to, has been made under 10 heads, the balance being approximately the rateable value of residential premises other than flats and artizans' block dwellings. With regard to this analysis, however, it must be pointed out that it is not possible to make an exact division -between the various classes of property, as in some cases two or more classes are included in one hereditament. The division is particularly difficult between factories, warehouses and wharves, and also between warehouses, shops and offices. The correctness of the analysis, too, depends on the accuracy of the description in the valuation lists. The figures, therefore, can only be regarded as approximate. 14193 10 The increase or decrease in the rateable value of each class of property in the 18 metropolitan boroughs is shown in the following table :— Rateable value in 18 metropolitan boroughs on 6th April, 1911 (excluding new property). • Increase (+) or deorease ( — ) by re-valuation. Class of property. Amount. 4 ■ • • Per oeiit. Factories Warehouses • Wharves Offices Shops £ 971,582 1,03.8,827 246,949 299,924 2,570,529 .£ — 11,209 — 7,224 + 1,739 + .608 — 7,793 — 1-14 — -69 + -71 + -20 — -30 5,127,811 — 23,879 — -46 Theatres, music halls, clubs, etc Hospitals ... Flats Artizans' block dwellings Miscellaneous 120,045 66,919 662,694 279,558 146,204 — 14,029 + 261 — 45,507 — 7,010 + 3,558 — 10-46 + -39 — 6-43 — 2-45 + 2-49 1,275,420 — 62,727 — 4-69 Other residential property 9,742,908 — 200,000 (estimated) — 2 (estimated) It will be seen from these figures that there has been a decrease in the valuation of all classes of property given in the table,, except in the cases of wharves, offices, hospitals and miscellaneous properties. It will be useful to consider these results in some detail under the principal heads. Factories. The rateable value of factories in the 18 metropolitan boroughs for which figures are given in Appendix B was reduced by the re-valuation from £982,791 to £971,582, a decrease of £11,209, or 1-14 per cent. Some of the metropolitan boroughs in the list, such as Stoke Newington, Lewisham and Hampstead, have very few premises in this category, and no conclusion can safely be drawn from the individual figures in such cases. Taking the boroughs with a considerable amount of factory property, the following table shows the amount and proportion of increase or decrease in rateable value of the factories due to re- valuation : — ■ Metropolitan borough. Fulham South wark ... Bermondsey Shoreditch ... Bethnal Green Hackney Islington Stepney Holborn Hammersmith Poplar Battersea ... Rateable value of factories after re- valuation. £ 35,334 115,378 113,952 70,744 54,558 64,332 75,009 104,877 . , 67,586 40,631 107,787 66,026 Increase (+) or decrease ( — ) by re-valuation. Amount. + + + + 2,386 5,479 4,402 2 538 1,048 1,042 736 339 234 533 2,430 3,854 Per cent, 6-33 4-53 3-72 — 3-46 — 1-88 1-59- •97 •32 + •35 + 1-33 + 2-31 + 6-20 increas^icSJtlTthJ 111011 It^ ^ "^ ^ ° f * ^^ ° f fact °^ P remises is the \i. — Einst ury, £1 32; City of London, £ soo. DIX A. 21 ABLE VALUE OF LONDON Borough and the City of Londuu awurumg l0 me quinquennial valuation ±jib increase or decrease on the rateable value in force prior to the 'quinquennial re-valuation Borough and the City of London according to the Quinquennial Valuation List coming into force Local authorities' property. London County Council, Borough Councils and City Corpora- tion, excluding excluding tramways -''-'-■ housing and land. .. . 14 electri- ,city, housing and land. 15 London Boards of Guar- dians. 16 Metro- politan Asylums Board. 17 Other. 18 Total. 19 Other special properties. Govern- ment (other than telegraph wires). 20 ^Licensed premises, excluding theatres, music halls and clubs. («) 21 Land, ceme- teries and tithes. 22 Total of property in foregoing columns. 23 All other premises. 24 Total Rateable Yalue, 6th April, 1911. 2,5, _ ... Metropolitan borough. £ - 22,472 + 19 20,254 + 407 20,454 — 132 31,001 — 157 6,844 — 4 12,326 — 169 13,342 + 250 24,293 -i- 757 22,661 + 1,322 32,646 — 478 11,883 — 305 6,329 + 109 12,340 — 562 35,475 — 256 9,101 £ ,6,654 5,316 — 74 1,375 + li 5,630 3,170 + 468 3,316 - 498 4,938 5,456 + 119 12,152 .- 5,145 3,629 5,382 + 194 2,664 + 49 5,118 + 610 14,243 — 236 4,397 ■£ :4,797 5,176 — ' 2 5,860 + 7 17,919 29,684 + 320 . 17,836 + 1,404 r 5,626 — 64 28,738 + 2,896 5,160 — fi 21,696 + 53 17,709 — 325 51,779 + 1,826 37,958 + 1,522 5,204 38,617 — 466 33,666 + 57 52,788 + 984 9,326 + 1,523 10,867 — 17 2,698 + 27 3,423 — 373 3,666 — 196 2,952 + 92 3,696 + 10 5,347 + 500 6,344 + 110 4,916 — 554 673 — 30 3,081 — 70 12,384 5,714 106,882 + 12,853 11,031 + 4 132 709 6,411 5,866 11,962 5.189 1,556 3,902 18,413 9,117 7,469 + 30 11,584 + 1 6,464 + 144 10,040 — 4,111 2,934 6,307 2,592 + 400 5,615 12,474 1,339 744 6,600 109 8,267 10,704 '4,556 + 440 5,680 63 38 68 + 44 184 £ 33,923 + 19 32,143 + 333 27,727 — Ill 55,362 — 113 21,045 + 468 22,558 — 667 19,093 + 250 44,427 — 8 51,383 — 3,823 342 531 8 617,208 + 9,611 256,088 + 7,059 7,522 4,593 7,518 j 81,295 5,134 8,293 316 29 + 1 39 220 — 11 21,254 210 4,288 + 212 1,431 2,802 — 1,217 53,135 38 22,985 — 103 16,229 158 21,360 + 48 68,165 — 491 22,615 53,193 + 333 40,631 + 1,421 15,723 — 293 47,048 — 1,199 11,048 33,130 + 63 25,648 + 575 46,540 + 719 55,348 + 882 5,877 — 30 £ 1,064 3,357 25 1,172 + 35 1,601 6,520 — 1,777 11,443 — 7 14,101 1,318 24,824 + 726 1,496 — 55 12,700 1,051 21,702 + 219 15,756 + 217 32,574 + 108 8.103 + 147 £ 24,770 -I- 7,233 31,891 11,427 23,012 — 8,141 45,183 — 15,344 21,716 — 7,964 20,713 — 3,700 43,190 — 17,116 22,115 — 5,321 16,265 3,732 34,717 15,380 28,502 — 5,792 12,113 — 3,665 58,109 — 10,736 74,579 16,172 61,334 — 12,884 67,330 — 26,650 194,447 — 3,613 8,957 1,919 — 313 2,294 + 2,294 75,290 + 2,734 1,090 + 33 4,391 + 1,200 1,619 8,623 + 800 6,886 + 15 2,662 10,466 + 3,194 17,155 + 21 459 51 79,431 — 53fi 52,562 — 257 66,071 + 161 119,797 + 16,670 16,637 — 5,089 31,602 — 9,962 33,580 — 10,127 71,198 — 10,236 71,747 — 13,267 32,296 13,203 59,899 20,093 50,644 _ 13,365 7,141 3,771 461 1,851 — 1,243 849 + 4 6,953, + 331 1,584 — 356 1,408 + 90 1,342 + 371 7,755 + 381 4,273 1,491 _ 69 4,161 + 64 1,813 + 39 395 + 34 1,976 — 55 5,425 - 553 6,748 - 353 8,763 + 378 193 21,172 — 1,274 8,490 + 95 412,140 A 25,215 112,701 _ 24 101,596 + 16,005 1,164,205 + 14517 38,296 — 4,111 430,629 — 61,357 21,051 — 8,024 148,804 — 41,578 847,060 + 46,134 500 — 165 2,919 - 37 4,907 + 62 138 — 4 — 317 1,481 + 283 3,108 — 661 11,253 — 15 £ ' 259,215 — 25,502 268,999 - 10,757 '. 124,610 — 4,313 266,291 + 3,361 140,519 — 5,416 180,522 — 3,143 201,696 - 2,475 154,577 + 2,181 248,987 + 4,394 222,967 — 9,647 192,461 — 8,760 107,779 — 16,602 163,380 — 3,662 356,177 + 13,099 331,893 — 17,080 359,562 — 28,591 200,467 + 7,769 204,003 — 25,809 271,706 - 11,152 753,930 £ 1,013,205 265,833 + 32,099 467,974 — 32,961 801 11 9,001 — 491 77 + 22 1,599,063 — 385,440 187,316 — i 26,448 273,340 — 5,523 365,233 + 21,989 54,527 — 3,392 325,135 + 7,63S 1,344,938 — 18,902 337,313 707 811,372 - 8,056 92,434 ■- 1,883 650,999 408,904 1,096,113 760,632 459,641 803,265 739,586 439,220 991,441 672,926 984,017 928,962 1,554,830 2,054,905 1,546,963 894,190 1,314,333 536,483 1,828,059 1,291,458 575,983 990,313 1,123,668 284,104 1,801,004 5,080,615 456,603 4,846,803 8,691,792 — 176,368 919,998 533,514 1,362,404 901,161 640,163 1,004,961 894,163 686,207 1,214,408 865,387 1,091,796 1,097,342 1,911,007 2,386,798 1,906,525 1,094,657 1,518,336 808,189 2,093,892 1,759,432 763,299 1,263,653 1,488,901 338,631 2,126,139 6,425,553 793,916 5,658,175 Battersea. Bermondsey. Bethnal Green Caaiberwell. Chelsea. Deptford. Finsbury. Fulham. Greenwich. Hackney. ,71-i;J itiiU Hammersmith - Hampstead. 35,870,010 Holborn. Islington. Kensington. Lambeth. Lewijham. Paddington. Poplar. ;St. Marylebone St. Pancras. ■ ■ '.■' j j Shoreditch. Southwark. Stepney. Stoke Newins- ton. Wandsworth. Westminster (City). Woolwich. City of London (including the Temples) 44,561,802 Total. le) Including £896 in respect of L.C.C. (Blackwall Tunnel) Electric Lightmg Station. ■ T .„i„j„fl in the assessment of the Canal. \d) The assessment of the Regent's Canal Company 's Docks in the parishes of Limehouse and Katclifl « included in t he asi essm en ^ Id Licensed premises — The decreases shown in this column represent the decreases in rateable value between etn Apiu, i»±«, «" 1 - « ~ ? ■-> *•.- i— »»- „„,h„,i hoi.,,, toiror, jn order to include the full effect of the increased hcence duties. 22 APPENDIX B. Rateable value of certain classes of property in Eighteen of the Metropolitan Boroughs ; together with the approximate increase or decrease in the rateable value due to the Quinquennial Re-valuation. ^Metropolitan"] borough. Fac- tories. Ware- houses, Wharves. Offices. f Shops, Theatres, music halls, clubs, etc, Hos- pitals, Flats. Artizam blockL dwellings Miscel- laneous. 10 Total. Battersea Bermondsey .. Bethnal Green Chelsea , . Fulhara Hackney Hammersmith Hampstead . . Holborn Islington Kensington . . Lewisham Paddington . . Poplar Shoreditcb. Southwark Stepney . . Stoke Newington Total 66,026 + 3,854 113,952 — 4,402 54,558 - 1,048 10,898 — 602 35,334 - 2,386 64,332 — 1,042 40,631 ■ 533 6,512 + 214 67,586 + 234 75,009 — 736 15,448 — 216 7,994 + 231 11,027 + 466 107,787 + 2,430 70,744 — 2,538 115,378 — 5,479 104,877 - 339 3,489 — 383 £ 16,612 1 142,616 — 4,975 19,499 - 948 10,721 — 268 22,875 — 1,086 20,926 — 1,053 15,744 232 25,482 + 149 120,252 + 10,291 57,759 — 2,091 42,093 — 1,002 9,548 25,330 189 19,350 80 140,248 — 3,835 158,366 — 1,204 186,542 — 897 4,864 — 365 971,582 —11,209 7,080 — 326 64,413 — 1,389 3,649 3,338 - 199 9,106 - 442 2,066 70 1,711 + 37 1,038,827 — 7,224 2,035 — 1 14,507 — 473 36,581 — 159 11,833 + 71 36,458 + 1,774 54,172 657 13 11,415 - 352 893 — 34 4,034 — 62 1,348 + 14 4,663 — 100 1,853 3 9,525 — 33 205,337 + 2,082 10,405 — 200 9,086 + 100 944 — 11 1,520 + 34 1,048 — 25 6,293 + 176 18,706 - 254 11,438 — 789 114,913 + 21 64,166 246,949 + 1,739 759 78 299,924 + 608 74,555 — 2,677 126,012 + 1,664 107,410 - 3,731 150,272 — 3,297 99,454 + 2,119 128,074 — 1,785 216,599 + 12,418 273,369 — 7,282 338,861 + 5,199 120,587 — 144 192,450 + 8,383 64,390 817 85,616 — 2,160 170,687 — 8,640 206,523 — 3,961 36,591 - 2,107 £ 3,377 + 55 1,537 + 25 2,536 + 40 3,888 + 538 7,122 — 3,752 5,979 + 556 40,887 — 5,888, 2,650 — 128 4,891 + 16 11,964 — 2,142 6,445 - 1,528 1,523 — 117 5,572 — 318 1,566 + 131 5,153 - 695 6,276 — 605 6,227 — 354 2,452 + 137 2,570,529 — 7,793 168 542 - 88 3,212 4,762 7,065 + 334. 1,010 - 44 3,069 + 15 9,765 - 200 2,716 — 7 1,077 — 17 8,672 3,662 + 48 156 - 9 738 14,349 + 274 5,294 — 50 662 + 5 27,043 - - 3,950 £ 7,625 75 120,045 —14,029 66,919 + 261 85,909 — 8,821 59,341 — 4,626 25,855 — 1,415 27,344 — 944 68,977 — 1,124 45,134 — 1,863 29,026 — 784 199,976 —10,817 1,905 5 85,911 - 9,869 6,273 - 1,289 25,282 — 1,038 20,405 — 397 7,859 + U 6,080 — 270 6,757 — 49 4,120 + 10 5,469 — 156 31,495 — 62 31,880 — 691 3,167 — 106 696 947 35 8,975 - 203 18,683 — 114 51,454 ■*• 2,652 48,330 — 1,304 334 — 29 662,694 —45,507 14,884 + 998 5,692 + 16 3,700 — 224 6,393 - 37 3,022 — 42 8,671 + 190 16,182 + 98 9,456 - 239 11,508 + 1,532 14,569 — 45 16,067 — 177 1,605 — 97 2,579' + 131 399 - 107 2,062 + "%. 13,789 - 128 13,691 + 1,568 1,935 279,558 — 7,010 146,204) + 3,558 429,615 -.. 13,199 183,007 - 5,280 263,814 - -j,m 251,638 - 16,321 296,586 — 5,946 — ,3,850 259,214 — 3,087 712,567 + 24,448 508,732 — 13,979 632,220 - 8,564 153,474 — 207 343,505 — 1,822 240,252 + 1,321 341,370 585,463 - 16,914 637,094 — 3,218 57,359 — 3,945 6,403,231 — 86,606 ffffl^^^?o^r m te P S P ^ &5 S^P^^JSS^^™*™ f— ,«* Property, as in some cases 23 ^ APPENDIX C. Diagram 1 showing the general trend of the rateable value of Greater London, London and extra-London since 1871. "Extra-London'' or the "Outer Ring" (as it is sometimes called) is that part of the metropolitan police district outside the County of Loudon, Million