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. ~ , Amount of Advances l ™ v t lnc ' al .Number of autho med. District. Advances to Local Bodies. Applications. £ Auckland .. .. .. .. .. ..16 26,775 Taranaki .. .. .. .. .. ..2 3,000 Hawke's Bay .. .. .. .. ..1 1,000 Wellington .. .. .. .. .. ..10 16,410 Marlborough .. .. .. .. ..2 1,450 Canterbury .. .. .. .. .. ..2 15,000 Otago .. .. .. .. .. 2 7,000 Totals .. .. .. .. ..35 £70,635 The amount actually paid over to 173 settlers during the year was £225,420, to: 3 workers £2,665, and to 85 local bodies £126,930 —a total of £355,015. 852 settlers are now indebted to the extent of £666,191 10s. 2d. ; 122 workers, £67,691 ss. 2d. ; and local bodies (in respect of 1,564 loans), £2,170,756 13s. 8d. —a total of £2,904,639 9s. in respect of principal moneys. Mortgages and instalments of principal repaid for the year amounted to £67,397 I Is. 6d. The total amount of interest collected for the year was £129,751 15s. The interest earned for the year amounted to £133,539. The cost of management and expenses were nil. Wm. Waddel, Superintendent. State Advances Office, Wellington, 11th June, 1925.

ADVANCES OFFICE SINKING FUND. The following is a statement showing the advances under this branch authorized during the year ended 31st March, 1925, classified according to provincial districts : — r» '•' • i tvt u c Amount of Advances Provincial Number of authorized. District. Advances to Settlers. Applications. £ Auckland .. .. .. .. .. ..13 6,285 Hawke's Bay .. .. .. .. 1 100 Wellington .. .. .. .. .. 2 1, 600 Nelson .. .. .. .. .. 1 125 Canterbury .. .. .. ... .. 4 1,780 Otago .. .. .. .. .. 1 900 Southland .. .. .... .. 2 1,000 Totals .. .. .. .. ..24 _ £11,790 Advances to Workers. Auckland 1 450 Hawke's Bay .. .. .. .. 1 250 Totals .. .. .. .. .. 2 £700 Advances to Local Bodies. Auckland .. .. 3 4,200 Taranaki .. .. .. .. •• ..1 1,000 Wellington .. .. .. .. .. ..4 8,000 Canterbury .. .. .. .. .. 1 2, 000 Southland .. .. .. .. .. 1 5,000 Totals .. .. .. .. ..10 £20,200 The amount actually paid over to 45 settlers during the year was £48,760, to 4 workers £3,040, and to 31 local bodies £47,335 —a total of £99,135. 1,525 settlers are now indebted to the extent of £1,139,212 14s. 4d. ; 147 workers, £76,986 ss. 7d.; and local bodies (in respect of 300 loans), £419,067 14s. lOd.—a total of £1,635,266 14s. 9d. in respect of principal moneys. Mortgages and instalments of principal repaid for the year amounted to £100,479 lis. Id. The total amount of interest collected for the year was £80,930 6s. 3d. The interest earned for the year amounted to £82,619. The cost of management and expenses were nil. Wm. Waddel, Superintendent. State Advances Office, Wellington, 11th June, 1925.

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