8.—13

4

PUBLIC DEBT SINKING FUNDS BRANCH. The following is a statement showing the advances under this branch authorized during the year ended 31st March, 1916, classified according to provincial districts :■ — Advances to Settlers. . M _ Provincial Number of A " K 'T t ' h '' ii/""" 8 District. Applications, aiiuioruea. Auckland .. .. .. .. .. ..7 1,860 Marlborough .. .. .. .. .. .. 1 50 Canterbury .. .. . . .. . . 2 600 Otago .. .. .. .. .. .. .. I 450 Southland .. .. .. .. .. ..I 1,000 Totals.. .. .. .. .. ..12 £3,960 Advances to Local Bodies. Provincial Number of District. AppUcations. authorized. Auckland .. .. .. .. .. ..71 94,215 Taranaki .. .. .. .. .. ..21 18,800 Hawke's Bay .. .. .. .. 5 16,640 Wellington .. .. .. .. .. ..23 17,620 Nelson .. .. .. .. .. ..1 2,000 Westland .. .. .. .. .. ..2 3,300 Canterbury .. .. .. .. .. ..4 5,175 Otago .. ' .. .. .. .. .. .. 1 300 Southland .. .. .. .. .. ..2 2,570 Totals.. .. .. .. .. .. 130 £160,620 The amount actually paid over to settlers during the year was £6,660, and to local bodies £149,250 : a total of £155,910. Local bodies are now indebted to the extent of £357,200, and settlers £175,433 : a total of £532,633 in respect of principal moneys. The net interest earned for the year amounted to £27.639. or £4 9s. 10d, per £100 of the funds invested, the cost of management and, expenses was nil. G. F. C. Campbell, Superintendent. State Advances Office, Wellington, 17th May, 1916.

ADVANCES OFFICE SINKING FUND. The following is a statement showing the advances under this branch authorized during the year ended 31st March, 1916, classified according to provincial districts : „ , , , Advances to Settlers. „ f ~,.„,„„.„ Provincial Number of AmouMot .Alliances District. Applications. authorized. Auckland .. .. .. .. .. ..155 98,205 Taranaki .. .. .. .. .. ..24 21,765 Hawke's Bay .. .. .. .. .. ..12 7,410 Wellington .. .. .. .. .. ..39 24,690 Marlborough .. .. .. .. .. ..3 1,410 Nelson.. .. .. .. .. .. (i 2JOO Canterbury .. .. .. .. .. ..14 6,925 Otago .. .. .. .. .. .. ..9 6,415 Southland .. .. .. .. .. ..27 16,840 Totals .. .. .. ..289 £186,360 „ .. , Advances to Local Bodies. . ..„ Provincial Number of Amount of Advances District. Applications. authorized. Auckland .. .. .. .. .. .. 2 3 090 Otago.. .. .. .. .. .. ..| ' 700 Totals • • 3 £3/790 The amount actua'ly paid over to settlers during the year was £161,680, and to local hodips £20,340: a total of £182,020. Settlers are now indebted to the extent of £233,953, and local bodies £23,782: a total of £257,735 in respect of principal moneys. The profits for the year ended 31st March, 1916, amounted to £26,019, the cost of management and expenses was nil. 6 G. F. C. Campbell, Superintendent. btate Advances Office, Wellington, 17th May, 1916.