STATE ADVANCES OFFICE.
INCREASE IN WORKERS* LOANS. “POSITION VERY SATISFACTORY.” (Per United Press Association.) WELLINGTON, April 29. Applications totalling 259 were eonsidered and loans amounting to £221,120 were authorised at a recent meeting of the State Advances Board, according to a statement made by the Prime Minister (Sir Joseph Ward) to-day. The numbers of applications and the total amount of the loans authorised under the respective headings, the Prime Minister explained, were as follows; Rural advances, number 28, amount £39,945; advances to settlers, 85, £75,730;- advances to workers, 14fi' £105,445. “ The advances where valuations have been received have all been dealt with,” the Prime Minister added. "The latest figures show a, larger number of workers’ advances than settlers’, the difference heing £29,715. The position as a whole I consider to bo very satisfactory.”
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Otago Daily Times, Issue 20704, 30 April 1929, Page 12
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133STATE ADVANCES OFFICE. Otago Daily Times, Issue 20704, 30 April 1929, Page 12
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