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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,
4¼, And 4¼, and the new loan was obtained at 3¾. 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 previous
reports. The Board again submit the information believing
it will be of considerable interest to the ratepayers of the
District.
The sum outstanding at Lady-day, 1893, under each
rate of interest was as follows:—
4¼ 3 7/8 3¾ 3½ Total.
£ £ £ £ £
5093 6910 7500 42,580 62,083
The Board's Hospital.
This Establishment, at Hither-green, has been maintained
in readiness for reception of patients. Twenty-six
patients were treated there during the year. The Hospital is