Every evening, Wilmington daily commercial., 1906-03-30

CITY Council, at its meeting last night,
,assed the ordinance providing for a tenn
Porerv loan of $4,000 from the banks.
10 meet obligations due and payable April
ts+ The ordinance was referred TO
Mavor Wilson for his approval.
ftv Treasurer Blaine reported a bal
snce of S26, ,593.47 in the First National
Psnk TO the credit of current expenses.
SiS62O6l in the Union National Bank
s500 In the fund for the purchase of park
land slO9.6l in the fund for the payment
of interest and redemption of bonds a
toisl of S45 .523.69 His receipts during
tbe week were as follows From Tax
CoIector Savers. $3.50; Collector Mccall
81 2Q5.44; City Auditor Spence, 50. .762 20;
tax on poles Of the Wilmington City Elec-
inc Co.. and S25 wharf rent.
Orders we're drawn to pay the bonds
spd interest due April lst, as follows:
Bonds due and payable, 50 $50; payable
through the Sinking Fund Commission.
S20375.5O; interest, S39, lS5; total, SCI,
9405O.
The following payrolls for the month
Of March we're approved and ordered paid:
President and members Of City Council.
t27626.
Police Department, s6,729.5O.
Oher city officials and employees, So
923O2.
An examination of the above figures
indicates that it will be necessary to
borrow again before the end of the fiscal
year The proceeds of the proposed loan.
s35 900. added to the bank balance. S45.-
$3.50. make a total of $50 523. so. but
as about this amount OF money was paid
ont last night, there is no definite pro-
vision for sufficient revenue to meet the
obligations coming due by the first Of
Nav. and as April, May and June have
TO be provided for, it looks as if $4,000
20 $4,000 more will have to be borrowed
The Board of Education will have to be
paid about S45,000, $4,000 will be due
in salaries, the garbage and other bills
will have to be met, and unless there is
so unusually large addition to the city's
exchequer something will have to be done
10 replenish it.
On motion of Chairman White of the
finance committee, SIS, ,62O.61 was ordered
drawn from the Union National Bank and
deposited in the First National Bank.
The vote by which the park loan ordi-
nance WIS passed last week was recon-
sdered and the ordinance was again
passed This was done to cure defect
in the ordinance as originally passed, the
purport not being changed The amount
10 be borrowed is $4,000, $4,000 for
Improvements and $4,000 for the pur-
chase Of land.
The law committee submitted a report
on the subject of revision of market regu-
lations, which grew out of a recent COM
munication from the Mercantile Associa-
ton. The committee opposed any radical
change in the market regulations at this
time The report was accepted and filed.
Two ordinances providing for the
disposal and the other for the collection
of garbage were introduced by Chair
man Postles of the crematory committee,
read twice and referred to the law com
mittee. They conform to the specihca
tions now under consideration. The
disposal contract is limited TO nine years,
while there is no limit of term in the ordi-
nance covering the collection. Mr.. Lynch
objected to a feature of the disposal ordi-
nance permitting the city to buy the plant
at the expiration Of a contract. The
matter will probably be discussed in COM
mittee before the ordinance comes up for
action
The request Of the Fame Fire Co. for
100 additional company badges, was
granted.