8.—13

Session 11. 1918. NEW ZEALAND.

STATE ADVANCES OFFICE (REPORT BY THE SUPERINTENDENT OF THE) FOR THE YEAR ENDED 31st MARCH, 1918.

Laid before Parliament pursuant to Subsection (3) of Section 64 of the State Advances Act, 1913. ADVANCES TO SETTLERS BRANCH. Twenty-fourth 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 : — r, ... XT i „.e Amount of Advances Provincial Number ot •luthorm'd District. Applications. .lutnonzeo. Auckland .. .. .. .. .. 360 110,370 Taranaki .. .. .. .. .. 47 16,915 Hawke's Bay .. .. .. .. .. 38 17,395 Wellington .. .. .. .. ..209 77,780 Marlborough .. .. .. .. .. 17 4,545 Nelson .. .. .. .. .. 14 3,600 Westland .. .. .. .. .. 6 2,200 Canterbury .. .. .. .. .. 114 36,095 Otago .. .. .. .. .. .. 27 7,765 Southland .. .. 39 9,730 Totals.. .. .. .. .. 871 £286,395 The total advances to settlers now current are as follows :— Number. Not exceeding £500 .. .. .. ..15,020 3,136,904 2 8 Exceeding £500 but not exceeding £1,000 .. 3,095 2,198,881 810 Exceeding £1,000 but not exceeding £2,000 .. 1,301 1,790,988 8 5 Exceeding £2,000 but not exceeding £3,000 .. 178 460,563 1 3 Totals .. .. .. .. 19,594 £7,587,337 011 The number and amounts of current advances on freehold and leasehold are as follows:— Number. f aoant , ( , On freeholds .. .. .. .. ..11,984 5,432,980 10 9 On leaseholds .. .. .. .. .. 7,351 1,999,123 5 4 On freeholds and leaseholds combined .. .. 259 155.233 410 Totals .. .. .. ..19,594 £7,587,337 0 11 The number and amounts of current advances on rural and urban and suburban land are as follows:— Number. Amount, On rural land .. .. .. .. ..12,354 4,956,307 19 I On urban and suburban land .. .. .. 7,240 2,631,029 110 Totals .. .. .. .. 19.594 £7,587,337 011 The amounts of the advances actually paid over to settlers during the year ended 31st March, i 918, are as follows : — .Number Amount. Not exceeding £500 .. .. .. .. .. 630 212,275 Exceeding £500 but not exceeding £1,000 .. .. 93 p65,005 Exceeding £1.000 but not exceeding £2,000 .. .. 16 21,450 Totals .. .. .. .. .. 739 £298,730

I—B. 13.