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STATE ADVANCES CORPORATION OF NEW ZEALAND.

BOARD OF MANAGEMENT: A. D. Park, C.M.G., Chairman. T. N. Smallwood, J.P., Deputy Chairman. G. A. Lewin, C.M.G. B. C. Ashwin. D. Barnes. HEAD OFFICE: State Fire Insurance Building, Wellington. PRINCIPAL EXECUTIVE OFFICERS: A. D. Park, C.M.G., Joint Managing Director. T. N. Smallwood, J.P., Joint Managing Director. CHIEF ADMINISTRATIVE OFFICERS : G. E. Miller, Manager. F. E. Mitchell, Assistant Manager. K. J. Caverhill, Secretary. R. Robertson, Chief Accountant. H. M. Caselberg 1 a ■ • 1M L. E. Brooker, Architect and Chief B. C. McCabe Valuers. property s , lpervisor AUDITORS: R. C. Burgess. G. D. Stewart. BANKERS : Reserve Bank of New Zealand and Bank of New Zealand-

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