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8.—13

1939. NEW ZEALAND.

STATE ADVANCES CORPORATION OF NEW ZEALAND. REPORT AND ACCOUNTS FOR THE YEAR ENDED 31st MARCH, 1939.

Laid, before both Houses of the General Assembly of New Zealand pursuant to Subsecton (2) of Section 43 of the State Advances Corporation Act, 1934-35, and Subsection (2) of Section 42 of the State Advances Corporation Act, 1936.

Part I. —General. Page 1. Trade and Industry in New Zealand .. .. .. .. .. .. ..4 2. Interest-rates .. .. .. .. .. .. .. .. 5 3. New Business .. .. .. .. .. .. .. .. 5 4. Field Organization .. .. .. .. .. .. .. .. .. 5 5. Mortgagors and Lessees Rehabilitation Act, 1936 .. .. .. .. 6 6. Delegation of Mortgage Administration to Branch Offices .. .. . . 6 7. Interest due and received .. .. .. .. .. .. .. .. 7 8. Revenue Accounts .. .. .. .. .. .. .. .. 7 9. Balance-sheet .. .. .. .. .. .. .. .. 9 10. Staff .. .. .. .. .. .. .. .. .. 9 Accounts and Auditors' Report . . .. .. .. .. .. 10 Part II. —Operations under Housing Act, 1919. 1. Report of Director of Housing Construction .. .. .. .. .. ..11 2. Balance-sheet and Revenue Accounts . - .. .. .. .. .. 13 3. Accounts and Auditors' Report . . . . .. .. .. . . 15

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