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1916. NEW ZEALAND.

STATE ADVANCES OFFICE (REPORT BY THE SUPERINTENDENT OF THE) FOR THE YEAR ENDED 31st MARCH, 1916.

Laid before Parliament pursuant to Subsection (3) of Section 64 of the State Advances Act, 1913.

ADVANCES TO SETTLERS BRANCH. Twenty-second Annual Report and Balance-sheet. The following is a statement showing the advances authorized for settlers by the Board during the year, and classified according to provincial districts : — Provincial Number of ta °^&£U£F am District. Applications. authorized. Auckland .. .. .. .. .. 883 270,895 Taranaki .. .. .. .. .. 76 29,295 Hawke's Bay .. .. .. .. .. 76 29,105 Wellington .. .. .. .. .. 296 105,030 Marlborough .. .. .. .. .. 21 6,310 Nelson .. .. .. .. .. 38 11,285 Westland .. .. .. .. .. 18 6,880 Canterbury .. .. .. .. '.. 175 59,225 Otago .. .. .. .. .. .. 60 17,915 Southland .. .. .. .. .. 78 20,370 Totals.. .. .. .. ..1,721 £556,310 The total advances to settlers now current are as follows :— Number. £ Not exceeding £500 .. .. .. ..15,125 3,246,595 7 5 Exceeding £500 but not exceeding £1,000 .. 3,221 2,309,177 2 1 Exceeding £1,000 but not exceeding £2,000 .. 1,346 1,894,930 9 7 Exceeding £2.000 but not exceeding £3,000 .. 198 491,694 12 11 Totals .. .. .. .. 19,890 £7,942,397 12 0 The number and amounts of current advances on freehold and leasehold are as follows:— Numb.r. Amount. On freeholds .. .. .. .. .. 12,165 5,656,680 19 1 On leaseholds .. .. .. .. .. 7,446 2,117,063 11 6 On freeholds and leaseholds combined .. .. 279 168,653 1 5 Totals .. .. .. .. 19.890 £7,942,397 12 0

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