a—l'S

Session 11.. 1912. NEW ZEALAND,

STATE-GUARANTEED ADVANCES OFFICE (REPORT BY THE SUPERINTENDENT OF THE) FOR THE YEAR ENDED 31st MARCH, 1912.

Presented to both Houses of the General Assembly by Command of His Excellency.

ADVANCES TO SETTLERS BRANCH. Eighteenth Annual Report and Balance-sheet. Five thousand three hundred and fifty-five applications for loans, amounting to £2,593,084, were received during the year. The advances actually granted numbered 4,136, amounting to £2,174.085, which exceeds those of the previous year by 953, and the amount by £969,775. The Board had from the commencement of its business up to the 31st March, 1912, authorized 36,916 advances, amounting to £13,719,445. Applicants to the number of 4,133 declined the grants offered them, amounting to £1,668,065, making the number of advances authorized to the 31st March, 1912, 32,783, and the amount £12,051,380 net. The total amount of advances actually paid over during the year for both the Advances to Settlers and Advances to Workers Branches was £2,717,925. Classified according to provincial districts, the total number and amount of advances, including repayments advanced again, authorized to date are, — Provincial Number of Amount of Advance* District. Applications. authorized. Auckland .. .. .. .. .. 10,570 3,596,013 Taranaki .. .. - .. .. .. 4,622 2,134,944 Hawke'sßay .. .. .. .. .. 1,821 570,615 Wellington' .. .. .. .. ..9,338 3,644,018 Marlborough .. .. .. .. ..1,057 447,265 Nelson .. .. .. .. .. 609 190,190 Westland .. .. 757 188,935 Canterbury .. .. .. .. .. 3,457 1,154,670 Otago .. .. .. .. .. 2,107 832,220 Southland .. .. 2,578 960,575 Total .. .'. ... .. .. 36,916 £13,719,445 Classified according to provincial districts, the advances authorized during the year ended 31st March, 1912, were, — „ . . , at t. c Amount of Advances Provincial Number of authorized District. Applications. authorized. Auckland .. ..' .. 1,717 794,745 Taranaki .. ..361 236,475 Hawke'sßay .. .. .. .. ... 263 102,150 Wellington' .... .. 1,024 525,150 Marlborough .. .. .. .. .. 121 64,465 Nelson .. .. .. .. •• •• 120 41,675 Westland .. .. .. ._. .. 80 26,165 Canterbury .. .. .. .'. ■■ 554 210,235 Otago .". .. .. .. .. ..174 88,850 Southland .. .. .. .. ... 196 101,390 Total .. ~ ~ .. ~4,610 £2,191,300

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