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the consolidation of previous loans borrowed at rates of 4¾,
4½, and 4¼, and the new loan was obtained, as stated in
previous reports, at 3½. The sum therefore raised for new
works in the third period, from 1876 to the end of 1886, was
£43,468. The sums raised in the second period (i.e., 1866 to
1876) included the loans for the New Offices and for special
paving works.
The amount borrowed by the Board up to the
end of 1886 (exclusive of the sum raised for
consolidation of loans) was £163,535
The amount outstanding at Lady-day, 1886, was 56,222
Showing a total payment off the Loan Debt to
that date of £107,313
The foregoing statements with regard to the previous
Loan transactions of the Board were included in last year's
report. The Board again submit the information, believing
it to be of considerable interest to the ratepayers of the
District.
RATEABLE VALUE.
The Rateable Value of the District, as given by the late
Metropolitan Board of Works, in December, 1888, was—
Lewisham £464,229
Penge 150,839
£615,068
THE BOARD'S HOSPITAL.
There have been but few patients admitted to the Board's
Hospital during the year. The establishment has been
maintained in a thorough state of readiness in case of any
emergency.
Residents in the District are invited to use this Hospital
should any cases of infectious or contagious disease occur in