8.—5.

STATEMENT of the RECEIPTS and EXPENDITURE of the LOANS TO LOCAL BODIES

20

1907-1908. RECEIPTS. 1908-1909. £ s. d. £ s. d. £ s. d. v 397 0 8 Balance at beginning of Year, — Cash in the Publio Account 11,271 0 5 397 0 8 185,000 0 0 The Local Bodies' Loans Aot, 1908, — Proceeds of Debentures issued Debentures matured 1st January, 1909, renewed 250,000 0 0 790,000 0 0 185,000 0 0 1,040,000 0 0 The Government Loans to Looal Bodies Act, 1886, — Debentures due 1st September, 1907, renewed under "The New Zealand Loans Act, 1904" 250,300 0 0 178 11 7 71 12 3 Repayments under sections 64 and 72 of " The Looal Bodies' Loans Act, 1908," — Counties— Clifton Clutha .. .-. .. ... Kairanga Levels Masterton Pahiatua Stratford Wairarapa South 14 8 11 23 6 11 100 0 0 109 7 2 63 16 1 91 7 7 324 5 1 Road Boards — Manganui 152 5 9 Boroughs— Carterton Whangarei 35 12 4 182 9 1 529 0 6 818 2 3 y' 436,515 2 11 Carried forward 1,051,800 0 11