§ Lieut.-Colonel ACLAND-TROYTEasked the Minister of Agriculture the amount of money advanced for long and short terms, respectively, under the Agricultural Credits Act and the number of loans represented by these sums?
§ Mr. N. BUXTONApplications for loans under Part I of the Agricultural Credits Act, 1928, received by the Agricultural Mortgage Corporation up to the close of business on Tuesday, 11th February, 1930, were as follow:
£ Loans on Mortgage (2,399) … 8,707,092 Improvement Loans (99) … 113,832 £8,820,924 These applications have been dealt with as follow:
Loans Completed. £ Loans on Mortgage (1,221) … 3,750,680 Improvement Loans (14) … 6,735 £3,763,415 In addition, the following have been approved by the directors of the Corporation subject to the satisfactory completion of the formalities:
£ Loans on Mortgage (254) … 1,302,950 Improvement Loans (22) … 12,808 £1,315,753 The number of agricultural charges created under Part II of the Act from 1st October, 1928, up to and including Saturday, 15th February, 1930, was 1,955, standing in the names of 2,329 farmers.