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8.—13

The number and amuuiits of current advances on freehold and leasehold are as follows Advances to Settlers. AT t. Amount. .Number. £ s d On freeholds 1,149 995,750 0 10 On leaseholds . . .. •• 9 9,271 4 3 On freeholds and leaseholds combined .. .. 4 4,413 17 1 Totals 1,162 £1,009,435 2 2 Advances to Workers. ■Xt i Amount. JN umber. c , t s d. On freeholds .. .. .. .. •• 130 £70,426 13 7 The number and amounts of current advances on rural and urban and suburban land are as follows :— Advances to Settlers. Number. Amount. . £ s. d. On rural land . . .. .. .. .. 539 563,288 13 1 On urban and suburban land .. .. .. 623 446,146 9 1 Totals .. .. .. .. 1,162 £1,009,435 2 2 » Advances to Workers. Number. Amount. £ s. d. On urban and suburban land .. .. .. 130 £70,426 13 7 The number and amounts actually paid over, classified according to tenure of the securities, are as follows :— Advances to Settlers. Number. Amount. On freeholds .. .. .. •• .. 118 130,900 On leaseholds .. .. .. .. .. 2 2,500 Totals .. .. .. .. 120 £133,400 Advances to Workers. Number. Amount. On freeholds .. .. .. .. .. 11 9,365 The amount actually paid over to 120 settlers during the year was £133,400, to I! workers £9,365, and to 11 local bodies £12,770 —a tota.l of £155,535. 1,162 settlers are now indebted to the extent of £1,009,435 2s. 2d. ; 130 workers, £70,426 13s. 7d. ; and local bodies (in respect of 1,617 loans), £2,152,481 Is. Id. —a total of £3,232,342 16s. lOd. in respect of principal moneys. Mortgages and instalments of principal repaid for the year amounted to £83,174 15s. 7d. The total amount of interest collected for the year was £148,493. The interest earned for the year amounted to £150,565 3s. lid. The cost of management and expenses were nil. A. A. Pbichard, Deputy Superintendent. State Advances Ofiice, Wellington, 30th June, 1927.

ADVANCES OFFICE SINKING FUND. The following is a statement showing the advances under this branch authorized during the year ended 31st March, 1927, classified according to provincial districts Province Number of District. Advances to Settlers. Applications. Auckland .. .. .. .. .. .. 53 51,805 Taranaki .. .. .. .. .. .. 14 15,135 Hawke's Bav .. .. .. .. ..5 7,075 Wellington . .. .. .. .. ..35 39,735 Marlborough .. .. .. .. ..2 3,550 Canterbury .. ». .. .. .. ..10 9,000 Otago .. •• • • • • •• 4 3,200 Southland .. .. .. .. .. ..7 10,025 Totals .. .. .. .. .. 130 £139,525

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