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1913. NEW ZEALAND.

STATE-GUARANTEED ADVANCES OFFICE (REPORT BY THE SUPERINTENDENT OF THE) FOR THE YEAR ENDED 31st MARCH, 1913.

Laid before Parliament pursuant to subsection 3 of section 98 of the Neiv Zealand State-guaranteed Advances Act, 1909.

ADVANCES TO SETTLERS BRANCH. Nineteenth Annual Report and Balance-sheet. The advances actually paid over to settlers during the year by the Board numbered 2,019, and the loans so paid amounted to £850,300. The total amount of advances actually paid over during the year for both the Advances to Settlers and Advances to Workers Branches was £1,299,560. Classified according to provincial districts, the advances authorized during the year ended 31st March, 1913, were — n■ • , at i. * Amount of Advances Provincial Number of .. j j District. Applications. autnorizea. Auckland .. .. .. .. .. 1,005 354,285 Taranaki .. .. .. .. .. 115 50,470 Hawke'sßay .. .. .. .. .. 99 36,425 Wellington .. .. .. .. ..361 144,110 Marlborough .. .. .. .. .. 45 18,845 Nelson .. .. .. .. .. 61 15,390 Westland 34 9,790 Canterbury .. .. .. .. ..206 66,300 Otago.. .. .. .. .. .. 68 19,025 Southland 120 34,950 Totals .. .. .. .. 2,114 £749,590 The advances now current are as follows : — Number Amount. £ s. d. Not exceeding £500 14,024 2,897,485 12 5 Exceeding £500 but not exceeding £1,000.. .. 2,841 2,115,986 711 Exceeding £1,000 but not exceeding £2,000 .. 1,323 1,913,311 4 2 Exceeding £2,000 but not exceeding £3,000 .. 209 531,034 6 7 Totals .. .. •• •• 18,397 £7,457,817 11 1 The average amount of the current advances is £405. Number and amounts advanced on freehold and leasehold — , T , Amount. Number. „ , On freeholds 11,151 5,383,222 4 4 On leaseholds 6,974 1,909,063 7 2 On freeholds and leaseholds combined .. .. 272 165.53119 7 Totals 18,397 £7,457,817 11 1 The average freehold advance is £483, the average leasehold advance £274, and the average of advances secured on both freehold and leasehold combined £609.

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