B. —3

The following is a summary and analysis of the loans for new works as compared with similar items for the previous year :— Summary for 1938-39 — £ s. d. £ s. d. Total new applications 4,875,584 9 2 Previously referred 263,333 6 8 back 5,138,917 15 10 Sanctioned — New loans .. .. 3,013,872 9 2 Renewal loans .. 1,188,525 0 0 Referred back or declined . . 936,520 6 8 5,138,917 15 10 1938-39. 1937-38. Analysis of new loans — £ / no . City and borough works .. fL ''. ~ Electric-power Board loans .. 923,800 ' Waterworks in counties .. 99,170 147 '!L n Roads and bridges .. •• 276 '® ~® : „ Harbour-works .. •• 340,000 407 000 Hospitals '55,430 Fire Board loans .. •• ®o-'cnn Overdraft accommodation . . 41,075 30, suu Miscellaneous .. •• 28,914 21,310 3 Per Cent. Housing loans .. 204,875 256,9J) £3,013,872 £3,098,445 The renewal loans, £1,188,525, sanctioned for repayment of maturing loans take the place of previous debt of £l 314,400

For comparative purposes the following schedule is given showing tne amou dealt with and the amount sanctioned both for new works and redemption loa since the inception of the Board :

The difference, £4,588,573, represents amounts declined or referred back by the Board during the period.

2

Sanctioned. Total Applications. New Works. I Redemptions. £ £ £ 1927-28 •• 4,636,649 3,212,185 i' 048 '??? 1928-29 •• 6,007,045 3,866,551 809,221 •" 4. 918 730 3 563,842 967,875 1929-30 ■■ • • •• 4,218, 73U ? ncl ozl 838 901 1Q oA_oi 3,840,505 1,766,256 838,901 1931-32 " •• 3,412,365 781,195 2 > 483 ' 8^ iqoo o.> 2,951,645 406,521 2,348,231 o cq4 IQ'2 917,560 2,744,245 1933-34 .. 3,884,132 ° '" q « 1Q04. 3,859,363 1,585,440 2,379,955 \fotfa ■■ " . 4,061,076 1,550,690 2,051,790 !S£1? ■' . 2 804,308 2,411,358 430,313 " " . 3,362.173 3,098,445 122,758 1938-39 •• 5,138,917 3,013,872 1,188,525 £26,173,915 £17,414,420 V y ' £43,588,335