FARMS AND HOMES.

Taranaki Daily News, 24 September 1924, Page 4

FARMS AND HOMES.

LOANS TO TARANAKI 6OLDIBMS. OVER TWO MILLION ADVANCED. (By Wire—Parliamentary Reporter.) Wellington, Last Night. Mr. J. Cook, Commissioner of Grown Lands in Taranaki, makes the following report on the operations of the soldier settlement scheme in Taranaki din - ing the year:— The past year has not seen any great change in the condition of the soldier settlements. The prices for produce have been well maintained, and the receipts from milk orders, etc., show a slight increase, although there is a falling off in the amount of instalments on farm mortgages. This, however, is compensated for by the increase in repayments on current account. The decisions of the Dominion board «re being awaited with interest, and many selectors will be able to rearrange their finances and make a fresh start. The total receipts during the year for the credit of the discharged soldiers’ settlement account were £172,74®, an increase of £9040, the main items being as follows: Instalments and repayment on farms, £21,800; instalments and repayments on houses, £29,74®? interest and repayment on current account, £99,868- Advances paid out amounted to £113,500, the principal items being: Farms, £2247; houses, £13,513; current account. £87.592. The tctal advances outstanding on March 31 were: On farms, £863,376; on houses, £303,580; on current account, £322,410. The total advances made since the inception of the soldier settlement scheme in this district total £2,134,255.