STATE ADVANCES.

Otago Witness, Issue 3619, 24 July 1923, Page 58

STATE ADVANCES.

A COMPREHENSIVE STATEAIENT. (Fbom Our Own Correspondent.) WELLINGTON. July 18. The following is a statement showing the advances authorised for settlers by the board during the year and classified according to provincial districts: — Amount of

Totals „ ... 1580 £827,750 The total advances to settlers now current are as follows:

The number and amounts of current advances -on freehold and leasehold are as follows:

The number aud amounts of current advances on rural and urban and suburban land are as follows:

The advances to workers authorised during the year amounted to £983,820, thei main amounts being: Auckland. £300.295. Hawke’s Bay. £46.445. Wellington, £193 930. Oanterbnrv. £162.640. Otago. £25,445. The total of advances to workers now current and the tenure of the securities are ad follows:

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Provincial Number of Advances district Auckland applications. * 572 authorised. £293.135 Taranaki ... 96 55.235 t Hawke’s Bay ... 120 60.195 Wellington ... 418 239.285 , Marlborough „ 35 15,370 Nelson _. 27 12.775 Westland ._ 17 7,135 Canterbury _ 193 98.720 Otago ... _ 42 19.295 Southland ... _ 60 26,415

Number. Amount. Not exceeding £500 ... Exceeding £500 but not 14,291 2,647 £3,147,013 2,113,566 exceeding £1000 Exceeding £1000 but not exceeding £2000 Exceeding £2000 but not 1,503,564 1,037 226.148 exceeding £3000 88 Totals - 18,063 £6.990,292

Number. Amount; _ 11.136 £5,096.425 On leaseholds ... 6,724 1,767.603 On freeholds and leaseholds combined 203 126.264 Totals — . 18,063 £6,990.292

On rural land Number. 11,056 Amount,. £4.510.688 On urban and suburban land — — — ••• 7,007 2,479.604 Totals ... — — 18.063 £6.990.292

On freeholds ... On leaseholds — Number. 9,943 - 595 Amount £3,190.706 132,320 Totals ... as _ 10.538 £3,253,025