London's Pulse: Medical Officer of Health reports 1848-1972
View report page
Hints from the Health Department. Leaflet from the archive of the Society of Medical Officers of Health. Credit: Wellcome Collection, London
Lewisham 1895
[Report of the Medical Officer of Health for Lewisham]
This page requires JavaScript
13
LOANS.
The total indebtedness of the Board on the Loan account
at the 25th March, 1896, was £81,136 0s. 6d.
During the year the Board paid the sum of £5,098
in reduction of the mortgages owing by them, and raised
the sum of £15,600 for the construction of the Penge and
Bell-green Sewer, purchase of land at Lower Sydenham for
Depot, and sundry paving and other works
The following statement of the loan debt shows the changes made in the same in the six years ended 25th
March, 1896, and the amount outstanding at the end of each financial year in that period.
| Year. | Amount paid off during the year.. | New Loans raised. | Net reduction. | Net increase. | Amount outstanding at the end of the year. |
|---|---|---|---|---|---|
| 1890—91 | £ | £ | £ | £ | £ |
| 5,527 | 9,000 | ... | 3,473 | 53,888 | |
| 1891—2 | 5,868 | 10,900 | ... | 5,032 | 58,920 |
| 1892—3 | 5,537 | 8,700 | ... | 3,163 | 62,083 |
| 1893—4 | 5,889 | 11,300 | ... | 5,411 | 67,494 |
| 1894—5 | 5,060 | 8,200 | ... | 3,140 | 70,634 |
| 1895—96 | 5,098 | 15,600 | ... | 10,502 | 81,136 |
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 3⅞ 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