APPLICATIONS MADE BY LOCAL AUTHORITIES FOR LOANS UNDER "THE GOVERNMENT LOANS TO LOCAL BODIES ACT, 1886," AND "THE LOCAL BODIES' LOANS ACT, 1901," FOR THE FINANCIAL YEAR ENDED 31st MARCH, 1902 (ANNUAL RETURN OF).

Appendix to the Journals of the House of Representatives, 1902 Session I, B-14

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1902. NEW ZEALAND.

APPLICATIONS MADE BY LOCAL AUTHORITIES FOR LOANS UNDER "THE GOVERNMENT LOANS TO LOCAL BODIES ACT, 1886," AND "THE LOCAL BODIES' LOANS ACT, 1901," FOR THE FINANCIAL YEAR ENDED 31st MARCH, 1902 (ANNUAL RETURN OF).

Presented to both Houses of the General Assembly in pursuance of Section 99 of " The Local Bodies' Loans Act, 1901."

Return showing what Applications have been made by Local Authorities, and which of them have been granted or refused, also what Sums have been granted or advanced, and for what Purposes, and the Names of such Authorities; what Sums have been borrowed or raised by the Treasurer; and what are the Outstanding Liabilities and the Assets.

List of Applications and Advances during the Financial Year ended 31st March, 1902.

Provisionally granted or refused. Advances. Local Authority. Amount applied for. Eesult of Poll or Petition. N . w Loans of Purpose of Loan. Bemarks. iOUNTY COUNCILS. £ £ £ 900 Construction and metalling of roads in Tokomairiro Riding. Construction and metalling of roads in Hill End Subdivision. Construction and gravelling of roads in Kaitangata Riding. Metalling main centre road in Inoh-Clutha Subdivision. Construction of Okoke Road. Metalling Mimi-Mokau Road Metalling Junction Road. Metalling roads within Pomahaka Riding. Continuation of the metalling of Waimata Main Road trace 400 400 1,000 !lif ton 600 1,500 750 1,500 200 G. P.G. G. G. G. Carried 600 Carried 750 1,500 200 Uncompleted. Jlutha look No poll required Under section 21 of " The Local Bodies' Loans Act, 1886." Ditto. 2,000 G. Ditto Constructing a wagon-road from Huanui Station to Waiapu Road Constructing a dray-road from Maungatu River to a point in Maungatu Block Metalling road to Quarry Reserve, Patutahi 2,500 G. 500 200 P.G. Under section 22 of the Act. Uncompleted. ioromandel Sketahuna 1,000 1,000 Coromandel water-supply. Metalling Kakariki Road "60 G. No poll required Under section 22 of the Act. Not in compliance with terms of the Act. Ditto. Uncompleted. Under section 21 of "The Local Bodies' Loans Act, 1886." Ditto. Uncompleted. 7 R. Metalling portions of North Road, Parkville 10 75 160 R. P.G. G. No poll required Metalling South Road No. 2, Parkville Construction of Bright Street Metalling and deviating Central Mangaone Road West No. 1 u .. 50 50 P.G. P.G. Metalling Makakahi Road North No. 2 Construction of Central Mangaone Road West No. 2 Re-forming and metalling portion of Park-ville-Nireaha Road. Metalling portions of North Road, Parkville. Metalling Makakahi Road North No. 2. a .. 250 75 150 Carried forward 9,662 3,550 5,175

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List of Applications and Advances — continued.

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Local Authority. Amount applied for. Provisionally granted or refused. Besult of Poll or Petition. w Loans of t„?™ Previous Loans. Years Advances. Purpose of Loan. Eemarks. 0< iUNTY iOUNCI DS — continued. £ 9,662 £ 3,550 £ 5,175 250 Construction of Central Mangaone Road West No. 2. Metalling and deviating Central Mangaone Road West No. 1. Construction of Hamua-Rongomai-Maka-kahi Road. Metalling Kakariki Road. Construction of portion of Finnerty Road .. Brought forward Sketahuna a •. 300 a .. 700 Hawera 825 G. 300 No poll required 400 Construction of Palmer Road Construction of Rotokare Road Construction of West Street, Eltham Construction of Moir Street, Eltham Under section 21 of " TheLocal Bodies' Loans Act, 1886." Ditto. 1,200 1,500 300 350 G. G. P.G. G. Ditto Uncompleted. Under section 21 of "The Local Bodies' Loans Act, 1886." Ditto. ' 500 G. Construction of North Street and London Street, &c. Construction of Bath Street, Eltham Metalling portion of Hu Road Construction of Burke Street, Eltham 100 50 10 P.G. P.G. R. Uncompleted. Not in compliance with terms of the Act. 500 100 300 300 250 Construction of Ingahape and other roads in Whakamara portion of county. Construction of Burke Street, Eltham. Construction of Anderson Road. Metalling portion of Mangawhero Road. Construction of Mills and Moir Streets. Construction of Tangiteroria Bridge Draining part of Kopuru Riding. Uncompleted. Jobson ljooo 320 P.G. G. '320 No poll required Uncompleted. rlorowhenua 500 P.G. Acquiring land to widen, reconstruct, and fence Main Road Construction of water-races in water-supply district. Construction of drainage-works. Extension of main water-pipes in Town of Reefton 4,000 .nangahua 6,000 2,000 G. G. Carried 6,000 2,000 Under section 4 of " The Government Loans to Local Bodies Act Amendment Act, 1898." iiwitea 50 555 G. P.G. No poll required 50 Construction of 30ohains of Rangitikei Road East. Regrading Waituna Hill and approaches to bridge on Sinclair's Line Forming and bridging, &c, Mangarere Road. Uncompleted. 1,900 G. No poll required Carried 300 1,728 G. 875 Erecting light-traffic bridge over the Rangitikei River. Constructing roads in the Rangiwahi Riding. Not in compliance with terms of the Aot. Under section 21 of " The Local Bodies' Loans Act, 1886." 3,204 G. No poll required 1,420 45 R. Constructing Tutaeawhio Road .. 500 G. No poll required 500 Regrading two hills on Wilson's Line 500 400 Completion of Otara Bridge. Re-erection of Vinegar Hill Bridge. Construction of Mangatutu Road '350 G. No poll required 350 Under section 21 of " The Local Bodies' Loans Act, 1886." 405 G. Ditto 405 Construction of McBeth's Road. 555 P.G. Regrading Waituna Hill, and making bridge approaches Construction of northern line and other roads. Construction of Peka Road. Construction of Tuka Street. Construction of drainage-works in Tidal Creek Drainage District Construction of Feilding-Haloombe Road.. Uncompleted. 50 1,000 50 Uncompleted. Levels 1^000 P'.G. Wanawatu 187 G. No poll required 187 Under section 22 of the Act. Not in compliance with terms of the Aot. 40 R. Construction of Douglas Square and portions of streets in Rongotea Township 34,836 Carried forward 16,357 14,175

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List of Applications and Advances — continued.

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Local Authority. Amount applied for. Provisionally granted or refused. Eesult , Of Poll or T.nnnsnf Petition. New ££J»* Loans. yearg> Lvances. Purpose of Loan. Eemarks. COU1 TY COl TCILS — continued. Brought forward Hanawatu £ 34,836 3,000 G. No poll required £ 16,357 325 £ 14,175 To provide Council's portion of cost of bridge over the Rangitikei River at Bull's Under section 113 of "The Public Works Act, 1894." Uncompleted. 450 4,000 P.G. G. Carried Completion of streets in Rongotea Township Providing half cost of Milner's Line, and cost of construction of roads in Kawakawa Riding. Providing half cost of construction of Tompkin's, Leen's, Jones's, and various streets in Rongotea Township. To renew a 35 ft. span bridge on FeildingAwahuri Road To pay off liabilities on construction of a tramway Extension of tramway from Sanson to Rangitikei. Construction of Elkins-Motuiti Road. Metalling Main Drain Road and Couper's Line. Construction of Feilding-Halcombe Road. Construction of Westbush Road. 4,000 G. 150 Uncompleted. 200 P.G. 900 P.G. 3,443 400 650 Masterton 250 G. No poll required 250 845 500 150 P.G. No poll required 150 To widen and extend the formation of Mungaparuparu Road Acquiring and fencing roads through Mairi-iri-Kapua Block Uncompleted. Under section 21 of " The Local Bodies' Loans Act, 1886." Uncompleted. G. 200 P.G. Formation and bridging, &c, on Flatbush Road Construction of Mikimiki Bridge 30 200 R. P.G. 300 1,500 450 2,000 300 Construction of Upper Plain water-supply .. Metalling the Opaki District Road. Metalling the Wangaehu Road. Metalling Blairlogie to Whareama Road. Construction of Upper Plain water-supply. Ihuraua Road extension. Metalling Mount Bruce Road Forming and metalling Sedcole Street, Kaitawa Forming and metalling 80 chains of Valley Road, Mangahao Erecting a dairy factory at Makuri and creamery at Coonoor Not in compliance with terms of the Act. Uncompleted. Uncompleted. Mauriceville ?ahiatua 400 100 P.G. P.G. 260 P.G. 2,800 R. 300 220 Erecting a bridge over Mangatainoka River. Metalling portion of Woodville-Aohanga Road. Metalling Ballanoe North Road. Metalling portion of Lower Scarboro Road. Forming and metalling Chatham Street. Construction of River Valley Road. Construction of Mount Richards Road. Not in compliance with terms of the Act. 149 299 250 6,000 Under section 21 of "TheLocal Bodies' Loans Act, 1886." Under section 22 of the Act. Uncompleted. Patangata Pohangina 21519 G. No poll required 2,519 357 P.G. Erection of bridge and construction of roads within Tamaki Riding 645 Erection of bridge, and oonstruotion of Makiekie and Makoura Roads. Ereotion of bridge and construction of roads in Delaware Special Rating Distriot. Ereotion of bridge and construction of Nikau Creamery Road Construction of roads in Salisbury Special Rating District. Construction of roads in Coal Creek Riding. Forming and metalling Denton's Road in Coal Creek Riding. Construction of Table Flat and Umutoi Roads. Construction of Valley Road deviation. Forming and metalling of road from Ngaruawahia to Waimai Construction of roads and streets in Taihape Township. Metalling Breden's Road in Porewa Riding 200 Uncompleted. 300 P.G. 965 580 150 Uncompleted. 580 Haglan 3^000 P.G. 150 Rangitikei 2,500 G. Carried 1,250 Under section 21 of " The Looal Bodies' Loans Act, 1886." Ditto. 50 G. No poll required 50 700 G. Ditto 500 Construction of Pukewapou Road, and bridge over the Mangapapa Stream Carried forward 61,702 34,551 21,551

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List of Applications and Advances — continued.

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Provisionally granted or refused. Adva] ices. Local Authority. Amount applied for. Besult of Poll or Petition. New Loans. ioans of Previous Years. Purpose of Loan. Bemarks. COUN 'Y cou: SfCILS — continued. Brought forward langitikei ' £ 61,702 3,000 G. £ 21,551 1,000 £ 34 ,551 Council's share of cost of erection of bridge over the Rangitikei River No poll r, quirt d Under section 113 of "The PublioWorks Act, 1894." Under section 21 of "The Local Bodies' Loans Act, 1886." Ditto. Uncompleted. 300 G. 300 Construction of and bridging Somersal Road 950 400 P.G. G. No poll required 400 Forming, culverting, and bridging Whaka Road. Culverting and metalling Whale's Road Under section 21 of " TheLooal Bodies' Loans Act, 1886." Uncompleted. 3,300 P.G. Widening, culverting, and gravelling TorerePukeokahu Road in Ohingaiti Riding Metalling Gorge Road and portions of Puke and Pukirua Roads in Ohingaiti Riding Metalling portion of Nakohau Road. Construction of concrete drain, Hunterville Township. Forming, bridging, and culverting Wairepu Road West and Mataiaponga Road. Construction of Vinegar Hill Bridge. Dredging River Halswell, and deepening canal at Lake Ellesmere, and purchase of a dredge Construction of culverts in shingle bank at Taumutu. Construction of portion of Mangaehu Road 2,000 P.G. 400 200 ielwyn 3,250 R. 1,000 900 Not in compliance with terms of the Act. 3,300 G. Carried itratford 850 G. No poll required 850 Under section 21 of "The Local Bodies' Loans Act, 1886." 3,500 G. Carried 750 Construction of portions of Cheal and Wingrove Roads. Construction of portion of Finnerty Road .. 825 G. No poll required Ditto Ditto. 150 G. 150 Construction of Taihore Road Under section 22 of the Act. Not in compliance with terms of the Aot. Ditto. 30 R. Construction of Nash Road 25 25 60 150 500 500 500 600 R. R. G. G. P.G. P.G. P.G. P.G. No poll required Ditto ' 60 Formation of Makuri Road Formation of Taihore Road Construction of portion of South Douglas Road Erection of bridge over Mangaehu River. Construction of Mangaehu Road Construction of portions of Punewhakau and Maunga Roads Construction of portion of Mangaehu Road Construction of portion of Swansea Road .. Construction of portion of Punewhakau Road. Construction of Taurakawa Road. Construction of West Climie Road. Construction of portion of Makuri-Huiroa Road. Construction of Brewer and other roads. Constructing and metalling roads. Improvements in water-supply Under section 22 of the Act. Uncompleted. » 1,500 350 115 450 a 'aieri .. r incent 1,775 5,777 Uncompleted. 1*200 P'.G. No poll required Ditto Vaiapu 1,000 P.G. Construction of roads from county boundary to Waipiro Hot Springs Under section 22 of the Act. Uncompleted. 6,000 Construction of roads from county boundary to Waipiro Hot Springs. Erection of culverts on the Obaupo-Cam-bridge Road. Construction of Maunga Road, Waikopiro. Vaipa 600 Vaipawa 1,250 G. P.G. Nopol required Ditto 1,250 Metalling a portion of Mangahe Road, Ngapaeruru Construction of Ruanui Road, Waikopiro. Construction of Rangitoto Road, Waikopiro Construction of Tiratu Road Uncompleted. 1,257 396 140 70 G. P.G. P.G. 396 Uncompleted. Under section 22 of the Aot. Uncompleted. Vairarapa South 60 300 G. P.G. "90 Construction of Taradale Road extension. Formation of Ohiweka Road. Erection of water-race on Moroa Plain Under section 22 of the Act. Uncompleted. 2,000 Construction of water-race in Taratahi portion of the Carterton Riding. Construction and fencing Wanganui-Castle-cliff Road Under seotion 22 of the Act. Vaitotara 150 G. No poll required 150 Carried forward 91,740 26,857 55,708

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List of Applications and Advances — continued.

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Provisionally granted or refused. Advances. Local Authority. Amount applied for. Eesult of Pol lor Petition. New Loans of Loans. P ™ s Years. Purpose of Loan. Bemarks. ROAD BOARDS. Brought forward Arai Arch Hill Avon Drury Eden Terraoe £ 91,740 600 1,454 £ 26,857 £ 55,708 Erection of bridge over Te Arai River Drainage-works construction. Kerbing and channelling streets. Construction of roads and culverts. Extension of water district Drainage-works construction. Construction of Range Road P.G. G. Carried 1^454 Uncompleted. 500 600 Uncompleted. 5,000 P.G. 3^000 Featherston 100 P.G. Under section 22 of the Act. Uncompleted. For two successive years' expenditure; for three successive terms. Uncompleted. Heathcote 16,000 P.G. • Construction of permanent works Hunua Katikati 800 Construction of Whisky Creek Road. Establishing a creamery .. Not in compliance with terms of the Act. 2,000 R. Le Bon's Bay Manawatu 300 1,400 G. P.G. Carried Wharf-extension purposes. Clearing, forming, bridging, &c, Ngawhakarau. Road Construction of Cameron's Line. Construction of roads and bridges in Nos. 1 to 4 Subdivisions. Construction of portion of Monmouth Road. Construction of portions of Stanley and Manawawiri Roads. Construction of culverts and roads in Sedgbrook, East Town, and East Town Extension districts Construction of portion of Tariki Road Construction of Kaimata Road South, and reconstruction of roads from Huiroa to Junction Road Construction of portion of Tariki Road. Construction of portion of Bedford Road South. Construction of portion of Egmont Road South. Construction of drainage-works Uncompleted. Manchester 300 2,786 Manganui 850 800 Uncompleted. Mataongaonga .. 1,000 P.G. Moa 2,000 1,500 P.G. P.G. 500 230 Mount Albert .. 5,580 R. 100 Not in compliance with terms of the Act. Mount Roskill .. Okato 4,000 50 G. P.G. Carried Construction of water-supply for the district. Construction of streets in Okato Township .. 500Uncompleted. Omata 275 R. Construction of Pheney Road Not in compliance with terms of the Aot. Opaheke Otaki 1,500 G. Carried 1,500 100 Construction of various roads. Construction of streets in new Otaki Township. Construction of principal roads in district. Construction of Upper Kina Road Paparata Parihaka 250 G. No poll required Carried No poll required Ditto 250 500 Under section 22 of the Act. 3,000 140 G. G. 2,099 140 Forming, draining, &c, on Arawhata Road. Construction of Ihaia Road. H 111 G. 111 Construction of Opua Road Under section 22 of the Act. Porangahau 1^200 G. Carried 1^200 400 Construction of Ihaia Road. Construction of two bridges, at Cochrane's and Franklin's Fords. Construction of waterworks Not in compliance with terms of the Act. Remuera 15,000 R. Seatoun Taratahi- Carterton Upper Wangaehu 300 70 G. P.G. Carried 2,750 Construction of two wharves. Construction of Gladstone-Longbush Road. Metalling Wangaehu Valley Road Under section 22 of the Act. Uncompleted. 200 500 Metalling Wangaehu Valley Road. Construction of bridges on Wangaehu Valley Road. Construction of Taikatu Road Under section 22 of the Act. Uncompleted. Ditto. Waimate 60 P.G. No poll required 100 120 P.G. G. Ditto 120 Metalling portions of Rama Road Constructing the unmetalled portions of Glenn Road. Construction of roads in central subdivision of district 498 P.G. Under section 22 of the Aot. Uncompleted. Carried forward 155,348 33,731 71,124

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List of Applications and Advances — continued.

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Local Authority. Amount applied for. p r0 vi- Advances. sionally Besult granted of Poll or Loans of or Petition. New Previous refused. Loans. Years. Advances. Purpose of Loar. Bern arks. RO lD boa: IDS — continued. £ 155,348 55 £ 33,731 55 £ 71,124 Construction of Opunake Road. Brought forward Waimate • .. G. No poll required 1,135 Construction of unmetalled portions of Glenn Road. Construction of Taikatu Road. Metalling portions of Rama Road. Metalling portion of Waiuku-Otaua Road .. Improving Otaua-Bothwell Road. Construction of Avon River Bridge. Construction of portion of Richmond Road. Construction of Puao Dray-road. 600 1,000 Waipipi 1^600 P.G. 100 400 100 650 v Uncompleted. Wairau Waitara West .. Waitotara-Momo-haki Waiuku Waiwakaiho Metalling portions of Main Road. Construction of Korito Road Under section 21 of "The Local Bodies' Loans Act, 1886." Uncompleted. 400 G. No poll required 200 1,200 Weber Wirokino 50 250 600 500 250 200 P.G. P.G. G. P.G. G. G. Carried Carried No poll required 200 50 200 2,000 Construction of Kent Road Construction of portion of Hill Road. Construction of portions of Alfred Road. Construction of Albert Road. Metalling and re-forming Main Road. Diverting the Otaura Stream Re-forming and metalling Kaihinau Road. Metalling Paiaka Road .. Construction of Gladstone Road. Metalling Victoria Road, Tokomaru Uncompleted. 200 Uncompleted. 150 Under section 21 of " The Local Bodies' Loans Act, 1886." Not in compliance with terms of the Act. Ditto. 23 R. Widening Bryce Street, and construction of Johnston Road, Shannon 34 R. 300 347 Construction of Mangaone Road Construction of Heatherlea Road East. Regrading Wallace Road. Akaroa Cambridge CampbelLtown .. 6,000 4,000 B( IROUGI COUNCILS. Not in compliance with terms of the Act. Ditto. G. R. Carried 3,100 Construction of waterworks. Purchase and erection of town clock in postoffice buildings, and machinery and plant for eleotric lighting Construction of high-pressure water-supply Construction of Victoria Street, forming footpaths Construction of high-pressure water-supply Construction of an abattoir Construction of water-supply for borough .. Construction of boundary-line (Reid's Line). Construction of water-supply, drainage, and road-formation Carterton 13,000 250 R. R. Christchurch Eltham Feilding Gisborne 10,000 10,000 20,000 P.G. P.G. P.G. Uncompleted. '379 75^000 R. Not in compliance with terms of the Act. Grey Lynn 2,150 G. Carried Construction of water-supply in Richmond Ward. Construction of drainage-works. Construction of water-supply for the borough Purchasing a site for and erecting thereon a publio abattoir Hamilton Hastings 4,000 5,000 2,000 G. P.G. G. No poll required 3,000 l'ioo Uncompleted. Under section 10 of "The Slaughtering and Inspection Act, 1900." Hawera 3,170 2,000 G. P.G. Carried Construction of drainage-works. Construction of drainage-works Construction of drainage-works. To pay off overdraft at Bank of New Zealand at Hokitika Uncompleted. 2^000 Hokitika 1^978 R. Not in compliance with terms of the Act. Under section 66 of " The Public Health Act, 1900." Under section 10 of "The Slaughtering and Inspection Act, 1900." Lyttelton 3,000 G. No poll required 3,000 Construction of drainage-works 4,500 G. Ditto 2,500 Erection of an abattoir for the borough Masterton 10,000 4,000 8,000 G. P.G. P.G. Carried Carried 10,000 Construction of waterworks extension. Construction of abattoirs Construction of drainage-works .. Uncompleted. Under section 66 of "The Public Health Act, 1900." Uncompleted. Carried forward 347,358 54,236 84,885

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List of Applications and Advances— continued.

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Advi ices. Local Authority. Amount applied for. Provisionally granted or refused. Eesult of Poll or Petition. Purpose of Loan. Bemarks. New Loans. Loans of Previous Years. BORO JGH COUNCILS- continued. £ GH CO Brought forward Masterton Napier £ 347,358 £ 54,236 84,885 2,000 Construction of waterworks. Ereotion of an abattoir .. .. .. Under seotion 10 of " The Slaughtering and Inspection Act, 1900." Construction of drainage and street-formation Not in compliance with terms of the Aot. Uncompleted. 350 Construction of waterworks .. .. Under section 22 of the Act. £ 84,885 2,000 5^000 G. No poll required 51000 Newmarket 4,000 R. Palmerston Petone 2,500 Construction of high-pressure water-supply. 2,000 Extension of drainage system. Erection of sanitary works .. .. Under section 66 of "The Public Health Act, 1900." Uncompleted. 2,500 Construction of waterworks extension. Construction of a water-supply .. .. Not in compliance with terms of the Aot. Port Chalmers .. i,hoo P.G. Rangiora 20,000 R. Stratford 3,800 Construction of waterworks. 900 Construction of drainage-works. Construction of water-supply and drainage scheme. Construction of drainage-works for borough Uncompleted. Erection of an abattoir .. .. .. „ 9,000 Construction of waterworks. 10,100 3,650 Construction of water-supply works. Temuka 2^500 G. Carried 500 Timaru Westport 10,000 7,000 P.G. P.G. Whangarei Woodville Clyde .. 600 G. Carried 300 TOWN BOARDS. Geraldine Halcombe Havelock 2,500 600 G. P'.G. Draining and metalling roads in Clyde Township. Construction of waterworks. 300 Construction of streets. To supply the town with water .. .. For two successive years' expenditure. Uncompleted. Construction of bridge over Waipa River at Uncompleted. Ngaruawahia Placing a sewer through the main street .. For two successive years' expenditure. Ngaruawahia 200 P.G. Otautau 600 •G. Carried 210 Henley Hutt Lochiel 1^500 G. No poll required RIVER BOARDS. 500 Construction of river protective works. 5,000 Construction of drainage works in Lochiel Under seotion 21 of River District " The Looal Bodies' Loans Act, 1886." Manukau W. LTER-SUPPLY BOARD. !••!•• | 19,000 | Construction of water-supply. I Aorangi 100 G. LAI No poll 100 required Ditto 400 LAI 100 fD-DRAINAGE BOARDS. Berwick 500 G. 400 Deepening and improving main drain .. Under section 22 of the Act. Raising a defenoe embankment along Wai- Under section 21 of pori River "The Local Bodies' Loans Aot, 1886." Mangahoe Maungatua Otakia 200 G. Nopoll 200 required 200 300 Improving the Mangahoe River. 800 Construction of drainage-works. Making and putting in two new floodgate- Under section 21 of boxes for discharge of drainage into the "The Local Bodies' river Loans Act, 1886." Hobson Bay 5,000 R. SEWAGE BOARD. Construction of main sewer in district .. Not in compliance with terms of the Act. Minister of Lands Un: iee Section 73 o: r " The Local Bodies' Loans Act, 1901." Totals 31,068 440,226* I .. 433 31,546 To open up blocks of land for settlement. 179,131 . 61,379 £152,412 has to be deducted from this amount for loans refused. >TB. —P.G. means provisionally granted; G., granted; B., refused.

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£ s. d. £ s. A. Cash balance, Ist April, 1901 .. .. .. .. .. .. .. .. 27,972 11 6 Money borrowed to make advances to local bodies .. .. .. .. .. .. 213,200 0 0 241,172 11 6 Money advanced to local bodies .. .. .. .. .. .. .. .. 208,531 0 0 Money advanced under " The Government Loans to Local Bodies Act Amendment Act, 1891 " .. 31,978 10 8 240,509 10 8 - Less refunds by— £ s. d. Kiwitea County Council .. .. .. .. .. 59 7 4 Masterton County Council .. .. .. .. .. 998 6 5 Pohangina County Council .. .. .. .. .. 220 5 8 Stratford County Council .. .. .. .. .. 421 11 4 Ngatapa Road Board .. .. .. .. .. .. 100 0 0 Stratford Borough Council .. .. .. .. .. 66 210 Bull's Town Board .. .. .. .. .. .. 241 2 10 2,106 16 5 ' 238,402 14 3 Cash balance, 31st March, 1902 .. .. .. .. .. .. .. .. .. .. £2.769 17 3 Statement of Liabilities. Outstanding liabilities, — £ s. d. £ s. d. £ s. d. Debentures issued under the Government Loans to Local Bodies Acts*.. .. 1,744,100 0 0 Under " The Government Loans to Local Bodies Act, 1886 " — Money promised to local authorities which have complied with the provisions of the Actf .. .. .. .. .. 166,291 0 0 Money liable to be advanced as required when the provisions of the Act are complied with .. .. .. .. .. 144,010 0 0 ■ 310,301 0 0 Under " The Government Loans to Local Bodies Act Amendment Act, 1891 "— Unpaid balance of loans .. .. .. .. .. 57,056 11 8 Applications for loans for which the necessary steps are not yet completed .. .. .. .. .. .. 22,590 0 5 79,646 12 1 £2,134,047 12 1 Statement of Assets. Assets, — £ s. d. £ s. d. £ s. d. Payments for twenty-six years of 4J per cent, per annum on amount of inscribed debts of local bodies (£918,8084) .. .. .. 1,075,005 6 4 Payments for thirty-two years of 4 per cent, per annum on amount of inscribed debts of local bodies (£16,322) .. .. .. .. 20,892 2 8 Payments for forty-one years of 3J per cent, per annum on amount of inscribed debts of local bodies (£470,539) .. .. .. .. 675,223 10 8 1,771,120 19 8 ' Less amount paid in respect of the annual repayments .. 466,808 16 9 1,304,312 2 11 Inscribed debt under " The Government Loans to Local Bodies Act Amendment Act, 1891" .. .. .. .. .. 314,334 6 9 Less amount refunded on disposal of lands .. .. .. 105,348 5 8 208,986 1 1 Sinking fund created under section 5 of "The Government Loans to Local Bodies Act Amendment Act, 1892" .. .. .. .. 271,763 5 0 Cash balance, 31st March, 1901 .. .. .. .. .. .. 2,769 17 3 . £1,787,831 6 3

The Treasury, Jas. B. Heywood, 24th June, 1902. Secretary to the Treasury. Note.—The total amount borrowed up to the 3ist March, 1902, was £1,744,100. The total amount repaid to Public Works Fund up to the 31st March, 1902, was £89,800. The total amount advanced to local bodies up to the 31st March, 1902, was £1,347,028 4s. The total amount advauced under " The Government Loans to Local Bodies Act Amendment Act, 1891," up to the 31st March, 1902, was £314,334 6s. 9d. * £1,421,800 of this amount has been converted into consolidated-stock debentures under " The Consolidated Stock Act, 1884." 4 Including second year's grants, for which all formalities have been completed. I This amount represents the debt as inscribed on the Ist February, 1901. It includes the inscribed stock exchanged for debentures under " The Eoads and Bridges Construction Act, 1882," amounting to £89,878 Bs. 9d. (See 8.-13,1891.)

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