Commissioners of Loan Fund Board of Ireland: second annual report

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SECOND ANNUAL EEPOET 

or THE COMMISSIONERS OF THE CENTRAL LOAN FUND BOARD 

OF IRELAND. 
In laying before Parliament their second Annual Report, the Loan Fund Board have much gratification in stating, that newly formed Loan Societies have considerably increased during the past year, and that ample testimony has been borne to their successful operation throughout every locality in Ireland. 
A detailed, statement is given in the Appendix of the results of each Society from which an account has been received by the Board, and the following is an abstract of the whole, viz.: 

•g . 
Gro«sPiofit, being Interest Net Profit, applkaWe to J« OJ Sums in Borrowers' lands Amount Number of from Borrowers, Charitable Purpose^, after COUNTIES. 
2 « Circulated Borrowers. 
and for Price of Cards, and deducting Interest uaid to 

s'S a o on 31st December, 1S39. 
in 1830. 
in 1839. 
Fines foi irregularity in Depositors, and Expenses £OT repaying Loans. 
of Management. 

£ s. 
d. 
£ £ S. 
d. 
£ S. 
d. 
Antrim 5 10,815 14 8 30,071 6,133 978 10 3 304 18 n Armagh 6 12,331 9 3 60,219 15,603 2,352 10 7 976 10 ni Carlow 9 4,811 6 0 16,004 5,957 666 11 9 321 17 10 J Cavan 11 15,373 18 10 60,670 15,709 2,116 16 1 910 9 7| Clare 2 -— _ — _ _ _ _ _ _ _ 

Cork 13 12,969 17 1 55,019 17,943 1,960 7 8|-474 15 6 Donegal 8 9,657 7 0 38,118 13,896 1,305 8 e" 556 8 10 Down 8 13,346 9 6 45,214 9,474 1,667 2 4 559 4 11 Dublin 5 379 18 1 1,447 S53 18 17 u 4 19 1U Fermanagh -8 1,743 19 0 8313 2,662 266 14 8" 79 10 3 Galway 4 2,336 4 0 11,490 2,621! 
316 10 6 53 13 11 Kerry 1 _ 

— — — — — — -— — — 

Kildare 4 1,604 17 0 5,599 2,395 270 6 3 107 7 10 Kilkenny 12 4,259 13 10i 16,554 3,770 574 5 0 211 2 2 King's 4 3,171 18 10" 16,937 8,602 527 1 m 176 14 9-Jr T * • JLeitnm 11 6,391 3 81 27,823 10,822 918 3 9l 233 12 ll Limerick 3 6,606 15 5 23,090 118,927 1,228 17 9i 92 15 9" Londonderry -4 2,658 19 6 7,109 2,662 229 18 8 34 5 6| Longford 8 5,613 14 10 23,353 6,438 720 6 6 2,52 4 Sir Louth 5 553 15 4 1,584 548 55 13 2 25 1 r Mayo 2 3,514 6 S 12,865 3,494 421 1 ( 

, 

123 9 6h Meath 6 4,146 10 10 16,314 4,950 527 10 5i 214 8 8i Monaghan 17 19,667 6 4 88-562 24,422 2,902 15 IH 1,143 5 lj Queen's 5 10,268 4 51 42,447 13,958 1,795 1 HH 1 851 4 2" Roscommon -6 4,400 1 3" 16,936 4,488 554 13 0 139 6 7 Sligo 1 _ 

-_ -

--— --

— -

Tipperarv 13 5,176 0 2 20,761 9.761 
723 3 0 371 12 41 1 yrone 10 14,916 12 5 51,821 17,36{j 1,726 13 2 638 5 5 Waterford 8 4,010 8 10 12,923 3,482 454 15 10 143 10 0 Westmeath -9 9,675 8 2* 38,419 9,074 1,370 10 3-? 
279 0 2± Wexford 8 6,728 12 <f 31,657 7,356 1,610 5 6' 827 13 5 Wieklow 

Total, -

8 224 

9,315 3 7 35,119 9,10C ) 1,671 13 2 939 16 9 206,475 16 8 816,473 352,46< ) 29,932 6 5^ j 11,047 6 o± The funds are raised by each Society within its own locality or elsewhere, upon deposits sometimes free of interest, hut more generally on debentures bearing five, and. 
in many instances, six per cent., 
being the maximum rate allowed by the Loan Fund Act. 
And the Board are most anxious to encourage the possessors of small sums of money, to deposit them in Loan Societies, as a higher rate of interest is thereby obtained, than by any other investment. 
While borrowers are greatly benefited by advances, the depo¬ sitors are not less so by the interest they periodically receive; and a Loan Society becomes in fact an agency, lending the savings of one class, however 

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