HC Deb 11 April 1933 vol 276 cc2377-8W
Mr. D. GRENFELL

asked the Chancellor of the Exchequer the number of local authorities that have made application to raise loans during the last six months; and the number that have received permission, giving the names and amount of loans sanctioned?

Mr. HORE-BELISHA

The number of applications is 19, all of which have been sanctioned. I cannot give details of loans sanctioned but not yet issued or announced. The following cases have been announced:

  • Barnsley Corporation £1,000,000 3½ per cent. stock.
  • Belfast Water Board: £750,000 3½ per cent. stock.
  • Corporation of London: £500,000 3½ per cent. stock.
  • Derwent Valley Water Board: £1,000,000 3½ per cent. stock.
  • Essex County Council: £1,000,000 3½ per cent. stock.
  • Essex County Council (further issue): £1,000,000 3½ per cent. stock.
  • Folkestone Water Works: £12,500 4 per cent. preference stock.
  • Grimsby Corporation: £625,000 3½ per cent. stock.
  • 2378
  • Kent County Council: £1,000,000 3½ per cent, stock.
  • Metropolitan Water Board: £2,000,000 3 per cent. stock.
  • Middlesborough Corporation: £1,000,000 3½ per cent. stock.
  • South Essex Water Works: £150,000 4 per cent. debentures.
  • Stoke-on-Trent: £500,000 3½ per cent. stock.
  • Sutton District Water: £80,000 5 per cent. debentures.
  • Swindon Corporation: £300,000 3½ per cent. stock.
  • West Riding County Council: £1,000,000 3½ per cent. stock.