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1922. NEW ZEALAND.

STATE ADVANCES OFFICE (REPORT BY THE SUPERINTENDENT OF THE) FOR THE YEAR ENDED 31st MARCH, 1922.

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

ADVANCES TO SETTLERS BRANCH. Twenty-eighth 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» -ii 5.T.....1...,. ~f Amount of Advances Provincial Number of .„ithnri«.ri District. Applications. authorized. Auckland .. .. .. ..360 144,755 Taranaki .. .. .. .. 47 21,410 Hawke's Bay .. .. .. 84 41,720 Wellington' .. .. .. .. 246 116,485 Marlborough .. • .. .. 22 11,850 Nelson .. .. .. .. .. 17 4,910 Wetland .. .. .. .. .. 5 2,075 Canterbury .. .. .. .. .. 132 58,875 Otago .. .. .. .. 37 13,610 Southland .. .. .. .. .. 37 14,155 Totals.. .. .. .. .. 987 £429,845 The total advances to settlers now current are as follows :— Number. £ <1. Not exceeding £500 .. .. .. ..14,069 3,134,312 6 8 Exceeding £500 but not exceeding £1,000 .. 2,425 2,082,921 8 4 Exceeding £1,000 but not exceeding £2,000 .. 1,007 1,493,395 5 1 Exceeding £2,000 but not exceeding £3,000 .. 91 233,993 1 9 Totals .. .. .. .. 17,592 £6,944,622 1 10 The number and amounts of current advances on freehold and leasehold are as follows: — Number. f aoaat , „ On freeholds .. .. .. .. .. 10,791 5,067,782 16 5 On leaseholds .. .. .. .. 6,608 1,758,055 2 7 On freeholds and leaseholds combined .. .. 193 118,784 210 Totals .. .. .. .. 17,592 £6,944,622 1 10 The number and amounts of current advances on rural and urban and suburban land are as follows:— Number. Amount. On rural land .. .. .. .. .. 10,897 4,495,458 18 6 On urban and suburban land .. .. .. 6,695 2,449,163 3 4 Totals .. .. .. .. 17,592 £6,944,622 1 10 The amounts of the advances actually paid over to settlers during the year ended 31st March. 1922, are as follows : — Number. Am ° unt - Not exceeding £500 .. .. .. .. .. 521 200,995 Exceeding £500 but not exceeding £1,000 .. .. 397 276,355 Exceeding £1,000 but not exceeding £2,000 .. .. 38 52,635 Totals ~ .. ~ .. .. 956 £529,985

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