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1929. NEW ZEALAND.

STATE ADVANCES OFFICE. ADVANCES TO LOCAL AUTHORITIES, SETTLERS, AND WORKERS (PARTICULARS OF).

Return to an Order of the House of Representatives dated 7th August, 1929. Ordered, " That there be laid before this House a return showing—(l) The total capital in the Advances to Local Authorities, Advances to Settlers, and Advances to Workers Branches respectively of the State Advances Office ; (2) the average interest rate, including redemption, at which such capital has been raised ; and (3) the average rate at which such capital has been loaned to (a) local authorities, (b) settlers, and (c) workers, together with the administrative cost under each heading."—(Mr. Harris.)

Return. (1) The total capital (loan liability) : — f s. d. Settlers Branch .. .. .. .. .. .. .. 20,321,690 3 5 Rural Advances Branch .. .. .. .. .. .. 1,591,850 0 0 Workers Branch .. .. .. .. .. .. 10,423,022 19 11 Local Authorities Branch .. .. .. .. .. .. 2,790,293 11 8 (2) The average interest rate, including redemption, at which such capital has been raised :— Settlers Branch .. . . .. .. .. .. .. ..4113 Rural Advances Branch .. . . .. .. . . .. 5 12 8 Workers Branch .. .. .. .. .. .. 4 19 10 Local Authorities Branch .. .. .. .. .. .. .. 3160 (3) The average rate at which such capital has been loaned to — Settlers Branch .. .. .. .. .. .. .. ..579 Rural Advances Branch .. .. .. .. .. .. ..612 Workers Branch .. .. .. .. .. .. ..533 Local Authorities Branch .. .. .. .. .. ..427 The administrative cost: — s. d. Settlers Branch . . .. .. ..211 per £100 of the capital employed. Rural Advances Branch .. .. ..13 ~ ~ Workers Branch .. .. .. ..13 ~ „ Local Authorities Branch .. .. ..10 „ „ Wm. Waddel, Superintendent. State Advances Office, Wellington, 6th November, 1929.

Approximate Cost of Paper.—Preparation, not given: printing (450 copies), £1 2s. 6d.

Authority : W. A. G. Skinner, Government Printer, Wellington.—l 929.

Price 3d.]