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STATE GUARANTEED ADVANCES ACT.

A return by the New Zealand State Guaranteed Advances Act shows that the amounts authorised under “The State Guaranteed Advances Act” since its inception, classified according to provincial districts, are as follows :--Auckland : Settlers. £3,596.013 ; workers. £516,735. Taranaki: Settlers, £2.134.941; workers, £60,195. Hawke's Bay : Settlers. £570,615; workers. £ 129. 915. AVellington : Settlers. £3.644,018; workers. 557.815. Marlborough : Settlors, £417.265: workers, £70,885. Nelson : Settlers, £190.190 ; workers, £.38,505. Westland : Settlers. £lBB.935: workers. £37,830. Canterbury : Set tiers £1.17>4,670 ; workers £529.110. Otago : Settler?, £832.220 ; workers, £149.5145. Southland : Settlers. £960.575 ; workers, £69,700. Total. Settlers. £13,719.4 15 ; workeis, £2,160.665. The net profits for each year (ending Alareh 31st; are as follows: — Advances to Settlers branch : 1899. £12.321 16 1 : 1900, £11.072 18 9: 1901. £20,325 11 t; 1902, £2!i. 152 5 5; 1903. £24.906 16 2: 1904. £26,560 12 6; 1905. £3l 454 117; 1906. £34 047 9 2; 1907. £14.971 12 7; 1908. £48.449 13; HHI9. £64.618 6 8; J9IO. £ll '833 6 H> : 191 I. <.‘60.440 10 - ; 1912. £63 276 9 ; total; £519.731 10 4. disposed of as follow s -Mutation charges written off. £261.128 19 9; reserve 1 fund. £50.000 ; balance . profit and loss account. £208.602 lo 7. Ad' .utiT's to AYorkers bi aneh : 1909. £3095 16; 1910. £1396 2 11; 1911. £5912 12: 15*12. £10,300 12; I total. £20.703 6 9. disposed of as fol lows :—Loan flotation charges " fit ten off: £9423. 18 3 ; reserve fund. £1 1.2751 s 1.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HBTRIB19130312.2.17

Bibliographic details

Hawke's Bay Tribune, Volume III, Issue 75, 12 March 1913, Page 2

Word Count
241

STATE GUARANTEED ADVANCES ACT. Hawke's Bay Tribune, Volume III, Issue 75, 12 March 1913, Page 2

STATE GUARANTEED ADVANCES ACT. Hawke's Bay Tribune, Volume III, Issue 75, 12 March 1913, Page 2

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