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Dáil Éireann debate -
Wednesday, 20 Jun 1956

Vol. 158 No. 5

Ceisteanna—Questions. Oral Answers. - Harbour Authority Loans.

asked the Minister for Industry and Commerce if he will state in respect of the years 1953-54 and 1954-55 the amount of interest paid by harbour authorities in the Republic of Ireland on (a) money borrowed by way of bank overdraft, (b) stock issue, and (c) money borrowed from other organisations.

As the information requested is in the form of a tabular statement, I propose, with the permission of the Ceann Comhairle, to circulate the reply with the Official Report.

Harbour authorities are required, under the Harbours Act, 1946, to keep copies of their audited accounts available for inspection by interested parties on payment of a fee of 1/-.

Following is the statement:—

INTEREST PAID IN THE YEARS 1953-54 AND 1954-55 BY EACH OF THE UNDERMENTIONED HARBOUR AUTHORITIES ON MONEYS BORROWED.

THE FIGURES RELATE TO THE CALENDAR YEARS 1953 AND 1954 UNLESS OTHERWISE STATED.

1953

1954

(a)

(b)

(c)*

(d)

(a)

(b)

(c)*

(d)

Harbour Authority

Interest on Bank Overdraft

Interest on Stock Issue

Interest on money borrowed from other organisations

TOTAL

Interest on Bank Overdraft

Interest on Stock Issue

Interest on money borrowed from other organisations

TOTAL

£

£

£

£

£

£

£

£

Arklow

179

179

219

219

Buncrana(e)

50(g)

50(g)

Ballina(f)

233

233

212

212

Cork

11,711

11,711

15,221

15,221

Dingle(f)

26

26

20

20

Dublin

48,503

32,819

81,322

6,750

47,928

33,024

87,702

Dundalk

112

1,094

1,206

109

1,094

1,203

Galway

517

6,288(h)

6,745

485

6,259(h)

6,744

Kinsale(e)

14

23(g)

37

12

22(g)

34

Killybegs

32

32

31

31

Limerick

931

931

265

779

1,044

New Ross(e)

42

42

70

70

Sligo

Included under (c)

495

495

Included under (c)

472

472

Tralee and Fenit

527

527

504

504

Waterford

774

774

752

752

Wexford(e)

145

145

128

128

Youghal(i)

40

40

Figures not yet available

(j)

(j)

TOTAL

2,766

55,825

45,904

104,495

8,774

55,281

50,301

114,356

(e) Figures refer to years ended 31st March, 1954, and 1955;

(f) Figures relate to years ended 30th September, 1953, and 1954;

(g) Instalment of Loan repaid (Principal and Interest);

(h) Contributed under guarantee by local authorities viz. Galway Corporation and Galway Co. Council;

(i) Figures relate to years ended 31st August, 1954 and 1955;

(j) Includes insurance payment.

* Under this heading (c) is included interest on Mortgage Loans from banks.

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