8.—14

6

List of Applications and Advances — continued.

H 8. d. £ s. d. Cash balance, Ist April, 1900 .. .. -. .. .. .. .. .. 20,593 5 3 Money borrowed to make advances to local bodies .. .. .. .. .. .. 176,000 0 0 — 196,593 5 3 Money advanced to local bodies .. .. .. .. .. .. .. .. 138,956 0 0 Money advanced under " The Government Loans to Local Bodies Act Amendment Act, 1891 " .. 37,390 5 4 176,346 5 4 Less refunds by— £ s. d. Manawatu County Council ... .. .. .. .. 76 1 1 Rangitikei County Council .. .. .. .. .. 325 18 1 Stratford County Council .. .. .. .. .. 68 8 4 Wanganui County Council .. .. .. .. .. 838 9 0 Taratahi-Carterton Road Board .. .. .. .. 619 10 1 Stiaiford Borough Council .. .. .. .. .. 5,797 5 0 7,725 11 7 168,620 13 9 Cash balance, 31st March, 1901 .. .. .. .. .. .. .. .. .. .. 11 6 Statement of Liabilities. Outstanding liabilities, — £ s. d. £ s. d. £ a. d. Debentures issued under "The Government Loans to Local Bodies Act, 1886"* .. •• •• •• •• •• •• ■• 1,530,900 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 .. .. ■• •• •■ 118,652 0 0 Money liable to be advanced as required when the provisions of the Act are complied with .. .. .. •• •• 42,660 0 0 161,312 0 0 Under " The Government Loans to Local Bodies Act Amendment Act, 1891 "— Unpaid balance of loans .. .. .. .. .. 42,839 9 0 Applications for loans for which the necessary steps are not yet completed .. .. .. •• ■■ •• 40,733 11 0 83,573 0 0 £1,775,785 0 0

* f 1 421 800 of this amount has been converted into Consolidated Stock debentures under " The Consolidated Stock Act, 188 i." t Including second year's grants, for which all formalities have been completed.

Provi- Advances. Amount sionally Result Local Authority. applied granted of Poll or T nono „. lor. or Petition. New , ° so refused. Loans. yeara? Purpose of Loar. Remarks. TOWN BOARDS. Halcombe Waipawa £ 300 i P.G. 60 | G. 360 £ P.G. ! .. I .. G. No poll 60 required 1 r( No poll •equired £ £ j .. .. Construction of streets .. .. .. Uncompleted. 60 .. Construction of drainage-works .. .. | Under section 22 of I the Act. 300 | 60 300 j 60 RIVER BOARDS. Clive Henley Hutt 500 | P.G. 10,000 : G. 10,500 ! P.G. '.'. '.'. G. Carriedj 5,000 ( Carried 5,000 j Construction of river protective-works. .... ,, .. Uncompleted. li 5,000 5,000 5,000 WATER-SUPPLY BOARD. Manakau .. | | .. | .. | I I .. 1,000 I Providing water-supply for the district. | LAND DRAINAGE BOARDS. Aorangi Mangahoe Maungatua 800 P.G. 800 I 2,000 Deepening and improving main drain. 200 Improving Mangahoe River. Construction of drainage-works .. .. | Uncompleted. ' j 2,200 I 2,200 Un sder Section 2 O] )F ' " The Government Loans to Local Bodies Act Amendment Act, 1891." OVERNMENT LOAJ Minister of Lands 22,794 416,605 718 : 36,672 48,343 128,003 718 : 36,672 48,343 128,003 * £32,161 has to be deducted fi roTE. —P.G. means provisional; torn this amount for loans refused. ly granted ; G., granted; R., refused.