PRIVATE BORROWING.
• FACTS ABOUT MORTGAGES. A return furnished 011 the motion of Mr. G. Witty, giving a great deal of information relating to mortgages registered in the Dominion during the financial year ended March 31 last, was presented to the House of Representatives yesterday.
I Following were the number and the total amount of the mortgages registered in the various districts:—District. Number. Amount. Auckland* 8,360 5,290,594 Poverty Bay... 794 934,447 Hawke's Bay 1,704 • 2,421,052 Taranaki ...... 1,978 1,621,473 Wellington ... 5,128 4,328,475 Nelson 744 364,438 ' Marlborough... 372 298,930 Canterbury ... 4,524 3,927,417 Otago ' 2,425 1,446,037 Southland .... 1,773 1,388,758 •We'stland 197 75,807 ! Totals . 27,999 22,597:478 Tho. return also shows the different rates of . interest at .which the money was advanced. It shows, however, the percentage exactly, taking account of all fractions. Following are particulars :of.the mortgages at the rate at which the larger amounts were lent: — Rate. Number. Amount. £ 4 61 64,236 4J 2.1G8 1,043,517 5 4,653 6,711,712 5i ••. 3,880 3,810,124 6 8,362 5,194,302 6} 809 746,494 7 2,394 1,745,173 .75 384 442,636 8 1,974 855,220 9 253 93,608 10 546. 179,597 12 12 1,815 15 S 1,556 -20 7 1,135 Unspecified 1,979 885,616 Following fl;ere the number and amount of mortgages released in tho districts in the same period:— District. Number. Amount. £ Auckland 4,187 2,071,410 . Poverty Bay... ' 457 ■ 472,1.05 Hawke's Bay 1,107 1,069,045 inranaki 1,461 1,116,561 AWllington ... 4,081 3,300,706 Nelson 593 262,351 Marlborough... 256 198,991 Canterbury ... 3,401. 2,787,981 Otago 1,996 1,210,239 Southland 1,142 1 • 771,397 AVestiand So 33,120
• -Totals 18,776 1.3,293,006 The total <imount_ the end of the year was £97,816,375.
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Dominion, Volume 7, Issue 1870, 2 October 1913, Page 3
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258PRIVATE BORROWING. Dominion, Volume 7, Issue 1870, 2 October 1913, Page 3
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