8.—13

1930. NEW ZEALAND

STATE ADVANCES OFFICE (REPORT BY THE SUPERINTENDENT OF THE) FOR THE YEAR ENDED 31st MARCH, 1930.

Laid before Parliament 'pursuant to Subsection (3) of Section 64 of the State Advances Act, 1913.

THLRTY-SIXTH ANNUAL BEPOBT.

ADVANCES TO SETTLERS BRANCH. 1. During the year the State Advances Board has authorized 2,332 advances amounting to £2,181,410, and the following statement shows the amount authorized in each provincial district:—- „ . . , at i Amount of Advances Provincial Number of 1 District. Applications. Auckland .. .. .. .. .. 951 852,200 Taranaki .. .. .. .. .. 135 162,855 Hawke'sßay .. .. .. .. .. 98 102,520 Wellington' .. .. .. .. .. 490 464,295 Marlborough .. .. 26 17,500 Nelson .. .. .. .. .. 45 31,840 West,land .. .. .. .. .. 65 36,585 Canterbury .. .. .. .. .. 243 216,290 Otago.. .. 104 118,985 Southland .. .. . • .. .. 175 178,280 Totals .. .. .. .. 2,332 £2,181,410 2. During the year the advances paid over are as follows : — -.t t Amount. JN umber. £ Not exceeding £500 .. .. .. .. 474 164,565 Exceeding £500 but not exceeding £1,000 .. .. 933 698,780 Exceeding £1,000 but not exceeding £2,000.. .. 487 681,675 Exceeding £2,000 but not exceeding £3,500.. .. 198 554,915 Totals 2,092 £2,099,935 3. The advances paid over classified according to the tenure of the securities, are as follows : — Number. Am ° unt - On freeholds .. .. . • 1,844 1,894,565 On leaseholds .. .. .. .. 243 198,420 On freeholds and leaseholds combined . . . . 5 6,950 Totals .. .. .. .. 2,092 £2,099,935 4. The advances current are as follows : — -» T , Amount. IN umber. s d Not exceeding £500 .. .. .. 14,347 3,209,385 17 8 Exceeding £500 but not exceeding £1,000 .. 6,783 5,173,025 1 2 Exceeding £1,000 but not exceeding £2,000 .. 3,961 5,165,059 3 4 Exceeding £2,000 but not exceeding £3,500 1,367 4,188,096 16 8 Totals .. .. .. .. 26,458 £17,735,566 18 10

I—B.1 —B. 13.