8.—13

1919. NEW ZEALAND

STATE ADVANCES OFFICE (REPORT BY THE SUPERINTENDENT OF THE) FOR THE YEAR ENDED 31st MARCH, 1919.

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

ADVANCES TO SETTLERS BRANCH. Twenty-fifth 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 : — _ . . , ~T X _._ Amount of Advances P ™ V t mo i'" Sf, authorized. District. Applications. £ Auckland .. 383 123,590 Taranaki .. .. .. .. .. 28 11,915 Hawke's Bay .. .. .. .. .. 33 12,960 Wellington .. .. .. 261 101,455 Marlborough .. .. .. .. .. 12 5,710 Nelson 19 4,420 Westland 15 5,400 Canterbury 11l 36,705 Otago .. .. .. .. .. .. 29 8,555 Southland 13 4,125 Totals.. .. .. .. .. 904 £314,835 The total advances to settlers now current are as follows :— Number. Amount. Not exceeding £500 .. .. .. ..15,399 3,287,525 10 4 Exceeding £500 but not exceeding £1,000 .. 3,166 2,203,206 2 3 Exceeding £1,000 but not exceeding £2,000 .. 1,116 1,574,267 11 8 Exceeding £2,000 but not exceeding £3,000 .. 130 325,142 3 10 Totals .. .. .. .. 19,811 £7,390,141 8 1 The number and amounts of current advances on freehold and leasehold are as follows: — Number. Amount. _ On freeholds .. .. .. .. .. 12,165 5,344,864 18 6 On leaseholds .. .. .. .. .. 7.412 1,911,007 1 5 On freeholds and leaseholds combined .. .. 234 134,269 8 2 Totals .. .. .. ..19,811 £7,390,141 8 1 The number and amounts of current advances on rural and urban and suburban land are as follows: — Number. Amount. ~ On rural land .. .. .. .. .. 12,506 4,824,373 18 10 On urban and suburban land .. .. .. 7,305 2,565,767 9 3 Totals .. .. .. .. 19,811 £7,390,141 8 1 The amounts of the advances actually paid over to settlers during the year ended 31st March, 1919, are as follows :— Number. Amount. Not exceeding £500 .. .. .. .. .. 685 222,870 Exceeding £500 but not exceeding £1,000 .. .. 80 56,200 Exceeding £1.000 but not exceeding £2,000 .. .. 14 20,285 Totals .. .. .. .. .. 779 £299,355

I—B. 13.