§ Mr. D. GRENFELLasked 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-BELISHAThe 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.