B. -13

Session 11. 1921. NEW ZEALAND.

STATE ADVANCES OFFICE (REPORT BY THE SUPERINTENDENT OF THE) FOR THE YEAR ENDED 31st MARCH, 1921.

Laid before Parliament pursuant to Subsection (3) of Section 64 of the State Advances Act, 1973.

ADVANCES TO SETTLERS BRANCH. Twenty-seventh 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 Amount of Advances District. . Applications. authorized. Auckland .. .. .. .. ..614 281,880 Taranaki .. .. .. .. '.. 98 49,105 Hawke's Bay .. .. .. .. .. 167 90,605 Wellington .. .. .. .. ..475 263,795 Marlborough .. .. .. .. ... 21 10,525 Nelson .. .. .. .. .. 42 16,535 Westland .. .. .. .. .. 27 10,760 Canterbury .. .. .. .. ..264 135,545 Otago.. .. .. .. .. .. 66 32,465 Southland .. .. .. .. .. 39 16,395 Totals.. .. .. .. .. 1,813 £907,610 The total advances to settlers now current are as follows :— Number. , £ Amount. Not exceeding £500 .. .. .. ..14,166 3,121,088 4 5 Exceeding £500 but not exceeding £1,000 .. 2,476 2 071 973 9 5 Exceeding £1,000 but not exceeding £2,000 .. 1,021 1 491 543 5 2 Exceeding £2,000 but not exceeding £3,000 .. '93 233669 4 3 Totals •• •• •• .. 17,756 £6,918,274 3 3 The number and amounts of current advances on freehold and leasehold are as follows: Number. Amount. On freeholds .. .. .. .. .. 10,889 ■ 5,051,658 18 5 On leaseholds .. .. .. .. .. 6,670 1,749,943 4 6 On freeholds and leaseholds combined .. .. 197 116 672 0 4 Totals •• •• •• ..17,756 £6,918,274 3 3 The. number and amounts of current advances on rural and urban and suburban land are as follows:— Number. Amount. On rural land .. .. .. .. .. 10,989 4,477,285 1 4 On urban and suburban land .. .. .. 6,767 2 440 989 111 Totals •• • 17,756 £6,918,274 3 3 The amounts of the advances actually paid over to settlers during the year ended 31st March 1921, are as follows :— Number. Amount. Not exceeding £500 .. .. 862 328,245 Exceeding £500 but not exceeding £1,000 .. .. 671 496 430 . Exceeding £1.000 but not exceeding £2,000 .. .. 38 55*445 Totals ■• .. 1,571 £880,120

I—B. 13.