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1911. NEW ZEALAND.

STATE-GUARANTEED ADVANCES OFFICE (REPORT BY THE SUPERINTENDENT OF THE) FOR THE YEAR ENDED 31st MARCH, 1911.

Prevented to both Houses of the General Assembly by Command of His Excellency.

ADVANCES TO SETTLERS BRANCH. Seventeenth Annual Report and Balance-sheet. Four thousand nine hundred and fifty-seven applications for loans, amounting to £2.122,749, were received during the year. The advances actually granted numbered 3,183, amounting to £1,204,310, which exceeds those of the previous year by 438. and the amount by £109,190. The Board had from the commencement of its business up to the 31st March, 1911, authorized 32,306 advances, amounting to £11,528,145. Applicants to the number of 3,415 declined the grants offered them, amounting to £1,347,910, making the advances authorized to the 31st March, 1911, 28,891, and the amount £10,180,235 net. The total amount of advances actually paid over during the year for both the Advances to Settlers and Advances to Workers Branches was £1,612,070. Classified according to provincial districts, the total number and amount of advances, including repayments advanced again, authorized to date are, — ___~. »t «k ~ n f Amount of Advanoes Pr ° v »«>ial / v ? b, ; of authorized. Distriot. Applications. ™ Auckland .. .. .. 8,853 2,801,268 Taranaki .. .. .. • • ■ 1,261 1,898,469 Hawke's Bay . .. .. .. 1,558 468,465 Wellington .. .. .. .. .. 8,314 3,118,868 Marlborough 936 382,800 Nelson .. .. .. .. • ■ ■ • 189 148,515 Westland 677 162,770 Canterbury -',903 944,435 Otago . . .. • ■ 1,933 743.370 Southland 2,382 859,185 Total .. .. .. •■ •• 32,306 £11,528,145 Classified according to provincial districts, the advances authorized during the year ended 31st March, 1911, were,— v . . Amount of Advances Provincial Xvmbei ol authorized. District. Applications. £ Auckland 1,297 458,165 Taranaki 319 147,700 Hawke's Bay 172 56,075 Wellington " .. .. .. .. • ■ *95 345,075 Marlborough .. .. 74 27,870 Nelson 59 17,200 Westland 69 17,685 Canterbury 108 124,125 Otago 136 41,240 Southland .. 112 17,745 Total .. 3,571 £1,282,880

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