8.~14

1888. NEW ZEALAND.

APPLICATIONS MADE BY LOCAL AUTHORITIES FOR LOANS (ANNUAL RETURN OF) UNDER "THE GOVERNMENT LOANS TO LOCAL BODIES ACT, 1886," FOR THE FINANCIAL YEAR ENDING 31st MARCH, 1888.

Presented to both Houses of the General Assembly in pursuance of Section SO of " The Government Loans to Local Bodies Act, 1886."

Return showing what Sums have been borrowed or raised by the Colonial Treasurer under "The Government Loans to Local Bodies Act, 1886," and what are the Outstanding Liabilities and Assets on the 31st March, 1888.

s. d. kloney borrowed to make advances to local bodies inscribed debt of local authorities* 125,000 0 0 96,518 3 0 * This amount represents the debt registered in res; lodies inscribed on the 1st February, 1888. It exclude toads and Bridges Construction Act, 1882," separately c. pect of loans paid in is the inscribed stoc! lescribed. (See B.— lull, and also the ad : exchanged for de 14a.) Ivances made to local bentures under " The In respect of Applications called for on 13th October, 1886. In respect of Applications called for on 19th January, 1888. Total. Money already advanced to local bodies Money promised to local bodies which have complied with the provisions of the Act I ... Money liable to be advanced as required when provisions of the Act are complied with £ 105,841 £ 3,000 108,841 29,224 6,650 35,874 62,975 62,975 Totals 135,065 72,625 207,690 t Including second year's grants, for which all forraalitiei have been completed.