8.—5

12

STATEMENT of the RECEIPTS and EXPENDITURE of the PUBLIC WORKS FUND LOANS TO LOCAL

RECEIPTS. 1887-88. 1886-87. * £ s. d. £ s. d. Balance to begin the Year with, — Cash in the Public Account 34,730 0 0 "The Government Loans to Local Bodies Act, 1886," — Debentures created .. 75,000 0 0 50,000 0 0 ■ Totals 109,730 0 0 50,000 0 0