London's Pulse: Medical Officer of Health reports 1848-1972

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Lewisham 1891

[Report of the Medical Officer of Health for Lewisham]

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5
in reduction of the mortgages owing by them, and raised the
sum of £10,900, their contribution to the purchase of the
Lewisham Recreation Grounds.
The following statement of the loan debt shows the
changes made in the same in the six years ended 25th March,
1892, and the amount outstanding at the end of each financial
Year in That period.

The amount outstanding at Lady-day, 1886, was £56,222.

YEAR.Amount paid off during the year.New Loans raisedNet reduction.Net increase.Amount outstanding at the end of the year.
£££££
1886—75,6853,2002,485...53,737
1887—86,1774,8471,330...52,407
1888—95,3496,825...1,47653,883
1889—905,7682,3003,408...50,415
1890—915,5279,000...3,47353,888
1891—25,86910,900...5,03158,919

Net Increase in the total Debt, £2,697.
The following statement indicates the amount borrowed
in each period of ten years from 1856 to 1886, and
the rate at which the different loans were obtained. From
1856 to 1866 the sum raised was £32,223, at £5 per cent,
per annum. In the next period, to the end of 1876, the sum
raised was £87,844, and the interest was £5 per cent, at the
early part of the decade, and 4¼ and 3 7/8 at the latter part.
Following this, the sum of £68,268 was raised in the ten
years ended December, 1886, and the interest was, in
the first half of this period, 4½ and 4¼, but in the latter part
it was 3½. This sum of £68,268 included £24,800 raised for
the consolidation of previous loans borrowed at rates of 4¾,