8.—13 a
Session 11. 1912. NEW ZEALAND.
NEW ZEALAND STATE-GUARANTEED ADVANCES OFFICE (AMOUNT LENT BY) SINCE INCEPTION.
Return to an Order of the Rouse of Representatives dated the 3rd July, 1913. Ordered, "That there "be laid before this House a statement showing the amount lent under the New Zealan State-guaranteed Advanoes Act since its inception, for what purpose the different amounts were advanced, and fo what town or district." — (Mr. Okey.)
New Zealand State-guaranteed Advances Office. Classified according to provincial districts, the advances authorized are as under : — Amount of Loans authorized. Distnot Settlers. Workers. £ £ Auckland ... ... ... ... 3,596,013 516,735 Taranaki ... ... ... ... 2,134,944 60,195 Hawke'sßay 570,615 129,915 Wellington ... ... ... ... 3,644,018 557,845 Marlborough ... ... ... ... 447,265 70,885 Nelson 190,190 38,505 Westland ... ... ... ... 188,935 37,830 Canterbury ... ... ... ... 1,154,670 529,110 Otago ... ... ... ... ... 832,220 149,945 Southland ... ... ... ... 960,575 69,700 £13,719,445 £2,160,665 With regard to the other information asked for, no record of the purpose for which loans granted are required is kept, but it has always been recognized by the Department that from 70 to 80 per cent, of money borrowed was for the purpose of repaying existing mortgages.
Approximate Cost of Paper. —Preparation, not given; printing (1,400 copies), £1.
Authority : John Mackay, Government Printer, Wellington.—l9l2.
Price 3d.]
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Bibliographic details
NEW ZEALAND STATE-GUARANTEED ADVANCES OFFICE (AMOUNT LENT BY) SINCE INCEPTION., Appendix to the Journals of the House of Representatives, 1912 Session II, B-13a
Word Count
193NEW ZEALAND STATE-GUARANTEED ADVANCES OFFICE (AMOUNT LENT BY) SINCE INCEPTION. Appendix to the Journals of the House of Representatives, 1912 Session II, B-13a
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