8.-13

4

~ . . , at i c Amount of Advances Provmoial Number of ~ . , tv , . . A ~ .. authorized. District. Advances to Workers. Applications. £ Auckland .. .. .. .. .. ..6 1,145 Canterbury .. . . . . .. .. .. 1 200 Totals .. .. .. .. ..7 £1,345 Advances to Local Bodies. Auckland .. .. .. .. .. ..30 74,035 Taranaki .. .. .. .. .. ..6 11,600 Hawke'sßay .. .. .. .. .'.l 5,000 Wellington .. .. .. .. .. ..11 42,550 Marlborough .. .. .. .. ..1 . 4,500 Nelson .. .. .. .. .. ..4 7,600 Canterbury .. .. .. .. .. ..5 .18,000 Otago .. .. .. .. .. ..1 500 Southland .. .. .. .. .. ..1 4,000 Totals .. .. .. .. ..60 £167,785 The amount actually paid, over to 75 settlers during the year was £73,535, to 11 workers £6,965, and to 123 local bodies £226,640—a total of £307,140. 701 settlers are now indebted to the extent of £473,068 12s. Bd. ; 123 workers, £69,166 18s. Id.; and local bodies (in respect of 1,494 loans), £2,074,786 9s. 9d. a total of £2,617,022 os. 6d. in respect of principal moneys. The interest earned for the year amounted to £117,497. The cost of management and expenses was nil. Wm. Waddel, Superintendent. State Advances Office, Wellington, 11th June, 1924.

ADVANCES OFFICE SINKING FUND. The following is a statement showing the advances under this branch authorized during the year ended 31st March, 1924, classified according to provincial districts : — ~ . , at i i Amount of Advances Provincial Number of ~ . , -,-.. ... ATx- authorized. District. Advances to Settlers. Applications. £ Auckland .. .. .. .. .. ..204 207,170 Taranaki .. .. .. .. .. ..27 33,085 Hawke'sßay .. .. .. .. ..24 20,125 Wellington .. .. .. .. ..114 129,350 Marlborough .. .. .. .. .. 6 6,575 Canterbury .. .. .. .. ..70 71,020 Otago .. .. .. .. .. ..19 20.870 Southland .. .. ' .. .. .. ..24 26,110 Totals .. .. .. .. ..488 £514,305 Advances to Workers. Auckland .. .. .. .. .. .. 5 1,305 Hawke's Bay .. .. . . .. 1 200 Wellington .. .. .. .. .. 7 3,495 Canterbury .. .. .. .. .. 1 270 Otago .. .. .. .. .. .. 2 1,700 Totals .. .. .. .. ..16 £6,970 Advances to Local Bodies. Auckland .. .. .. .. .. ..16 40,535 Taranaki .. .. .. .. .. .. 5 17,320 Hawke'sßay .. .. .. .. ..1 900 Wellington .. .. .. .. .. 4 9,100 Westland .. .. .. .. .. .. 1 5,000 . Canterbury .. .. .. .. .. 1 4,000 Totals .. .. .. .. ... . 28 £76,855 The amount actually paid over to 457 settlers during the year was £495,965, to 23 workers £13,715, and to 35 local bodies £58,120—a total of £567,800. 1,592 settlers are now indebted, to the extent of £1,177,784 2s. Bd. ; 150 workers, £80,541 Is. 3d. ; and local bodies (in respect of 271 loans), £378,286 Is. lid.—a total of £1,636,61.1 ss. lOd. in respect of principal moneys. The interest earned for the year amounted to £76,882. The cost of management and expenses was nil. Wm. Waddel, Superintendent. State Advances Office, Wellington, 11th June, 1924.