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MORTGAGES.

From a return laid on the table of the House of Eepresentatives, it appears that during the year ended March 31, 1896, there were, exclusive of moneys lent under the Government Advances to Settlers Act, 9213 mortgages registered, representing a total amount of According to provincial districts, the numbers and amounts were : — Wellington, 2358 ... ... 1,580,031 Canterbury, 1765 ... ... 1,114,544 Hawke's Bay, 807 631,115 Southland, 596 520,788 Auckland, 1465 ... 474,593 Otago, 935 ... ... ... 444,495 Taranaki,9os ... ... ... 399,865 Nelson, 325. 324,596 Marlborough, 114 69,951 Westland, 43 13,812 Of the total amount .£695 is at the rate of 2 £ per cent, .£195 in the Auckland province, and .£soo in ■Wellington; .£3OO is lent in Southland at 3 per cent; JJ9664 is lent in various districts at 4 per cent ; .£12,376 at 4£ per cent; .£3250 at 4f per cent; .2780,153 "at 5 per cent; .£7OO at 5£ per cent ; .£52,373 at 5} per cent ; .£732,764 at 5-J- por cent 5 .£116,600 at 5$- per cent; .£1,359,021 at 6 per cent; .£385,136 at 6J to 6| per cent ; .£711,193 at? from 7 to 7i per cent ; .£399,671 from Bto 8£ per cent ; .£66,484 from 9to 9 £ per cent ; .£78,029 at 10 percent; .£2192 at 11 per cent; .£1617 at 12 per cent ; .£2463 at 12£ per cent ; .£35 at 13 per cent; ,£ls at 13£ per cent ; .£1524 at 15 per cent; .£2084 at 20 per cent ; .£7O at 21-£ per cent; .£4O at 30 per cent ; .£1340 at 40 per cent (this is in the Canterbury province) ; .£IOO at 40f and .£IOO at 625. Both these latter sums have been lent in the Auckland district. There is a sum of .£853,801 lent at unspecified rates.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TS18960911.2.65.10

Bibliographic details

Star (Christchurch), Issue 5667, 11 September 1896, Page 5 (Supplement)

Word Count
280

MORTGAGES. Star (Christchurch), Issue 5667, 11 September 1896, Page 5 (Supplement)

MORTGAGES. Star (Christchurch), Issue 5667, 11 September 1896, Page 5 (Supplement)