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Reference has already been made to the number of loan applications received during the year, and we now submit statistics showing the total numbers and amounts of loans actually authorized. Corresponding figures for the year 1947 are shown in brackets—

Statistics for Year ended 31st March, 1948

A more complete understanding of the importance of the Corporation's part in assisting in the development of the Dominion will be obtained from the following statistics showing firstly, the number of applications received in the past year and the loans authorized for farms and dwellings and secondly, the aggregate for tke period of its operations from 1935 to 1948.

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Classification. Loans authorized. Number. Amount. Farms kStock Houses Industrial Business Furniture Tools of trade Miscellaneous Totals 1,149 (1.806) 53 (117) 5,998 (7,334) 3 (-) 1,344 (1,661) 7,954 (8,131) 187 (169) 56 (118) £ £ 5,299,741 (7,439,782) 55,353 (101,908) 7,209,120 (8,772,521) 75,500 (—) 996,878 (1,137,119) 729,058 (754,509) 5,401 (6,297) 15,647 (30,077) 16,744 (19,336) 14,386,698 (18,242,213)

Applications received. Loans authorized. Number. Amount. Number. Amount. During year ended 31st March, 1948— Farms Residential 1,696 7,150 £ 7,062,000 8,735,000 1,149 5,998 £ 5,300,000 7,209,000 8,846 15,797,000 7,147 12,509,000 During period 1935 to 1948— Farms Residential 17,091 49,935 £ 46,324,000 50,667,000 9,852 37,356 £ 27,921,000 37,659,000 67,026 96,991,000 47,208 65,580,000