8.—14.

6

£ s. d. £ s. d. Money borrowed to make advances to Local Bodies ... ... ... 103,500 0 0 Money borrowed for transfer to Public Works Fund under section 31 of the Act ... ... ... ... ... ... 800 0 0 Money advanced to Local Bodies ... ... ... ... 74,445 0 0 Money advanced under " The Government Loans to Local Bodies Act Amendment Act, 1891" ... ... ... ... 29,833 0 0 104,278 0 0 Outstanding liabilities, — Under "The Government Loans to Local Bodies Act, 1886 "— Money promised to local bodies which £ s. d. have complied with the provisions of the Act* ... ... ... 49,775 0 0 Money liable to be advanced as required when provisions of the Act are complied with ... ... ... 45,247 0 0 95,022 0 0 Under "The Government Loans to Local Bodies Act Amendment Act, 1891"— Balance of loans ... ... ... 58,116 0 0 Applications for loans for which the necessary steps are not completed 19,525 0 0 77,641 0 0 172,663 0 0 Assets, — Inscribed debt of local authorities! ... ... ... 453,485 10 3 Inscribed debt under '' The Government Loans to Local Bodies Act Amendment Act, 1891" ... ... 37,833 0 0 491,318 10 3

Note.—The total amount borrowed up to the 31st March, 1893, was £586,300. The total amount repaid to Public Works Fund up to the 31st March, 1893, was £89,800. The total amount advanced to local bodies up to the 31st March, 1893, was £458,060 14s. lOd. The total amount advanced under " The Government Loans to Local Bodies Act Amendment Act, 1891," up to the 31st March, 1893, was £37,833. * Including second years' grants, for which all formalities have been completed. t This amount represents the debt as inscribed on the Ist February, 1893. It excludes the inscribed stock exchanged for debentures under " The Roads and Bridges Construction Act, 1882," amounting to £89,878 Bs. 9d., separately described. (See 8.-13, 1891.)

Approximate Cost of Paper.— Preparation (not given); printing (1,300 copies), £7.

By Authority: Samuel Costall, Government Printer for the time being, Wellington.—lB93. Price 6d.}