8.—13

1920. NEW ZEALAND.

STATE ADVANCES OFFICE (REPORT BY THE SUPERINTENDENT OF THE) FOR THE YEAR ENDED 31st MARCH, 1920.

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

ADVANCES TO SETTLERS BRANCH. Twenty-sixth 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 .. .. .. .. ..675 288,390 Taranaki .. .. .. .. .. 80 37,295 Hawke's Bay .. .. .. .. .. 176 89,070 Wellington .. .. .. .. .. 534 256,590 Marlborough .. .. .. .. .. 41 18,390 Nelson .. .. .. .. .. 29 11,095 Westland .. .. .. .. .. 27 9,500 Canterbury .. .. .. .. ..269 108,580 Otago .. .. .. .. .. .. 61 25,210 Southland .. .. .. .. .. 57 18,870 Totals.. .. .. .. .. 1,949 £862,990 The total advances to settlers now current are as follows :— Number. Amount. Not exceeding £500 .. .. .. .. 14,698 3,171,19010 6 Exceeding £500 but not exceeding £1,000 .. 2,645 2,086,871 8 4 Exceeding £1,000 but not exceeding £2,000 .. 1,066 1,498,145 1 2 Exceeding £2.000 but not exceeding £3,000 .. 102 256172 2 8 Totals .. .. .. .. 18,511 £7,012,379 2 8 The number and amounts of current advances on freehold and leasehold are as follows: — Number. Amount. On freeholds .. .. .. .. .. 11,313 5,108,763 "s 4 On leaseholds .. .. .. .. .. 6,992 1,784,198 2 8 On freeholds and leaseholds combined .. .. 206 119,417 11 8 Totals .. .. .. .. 18,511 £7,012,379 2 8 The number and amounts of current advances on rural and urban and suburban land are as follows :— Number. Amount. On rural land .. .. .. .. .. 11,531 4.541,052 1 2 On urban and suburban land .. .. .. 6,980 2,471,327 1 6 Totals .. .. .. .. 18,511 £7,012,379 2 8 The amounts of the advances actually paid over to settlers during the year ended 31st March, 1920, are as follows :— Number. Amount. Not exceeding £.500 .. .. .. .. ..1,016 362,725 Exceeding £500 but not exceeding £1,000 .. .. 373 257,520 Exceeding £1,000 but not exceeding £2,000 .. .. 28 39,900 Totals .. .. .. ~ ~ 1,417 £660,145

I—B, 13.