82 AUSTRALIA - AGRICULTURAL ECONOMY IN GENERAL 



Transactions in connection with loan of £500. 

 cooRow district. 



ist. Loan, £125 approved. 



Date Payments Improvements 



29-7-08 £30 Well, 35 ft. 



26-8-08 25 Fence, 80 chains, 6 wires at 6s, 6d. 



8-£0-o8 20 Fence, 53 chains, 6 wires at 6s. 6d. 



— — Ring and scrub 70 acres at 3s, 6d. 

 3-10-10 15 Clearing 10 acres. 



— — Ring and scrub 30 acres. 

 17-5-11 35 Clearing 35 acres. 



£125 



2nd. Loan approved. 



26-9-10 44 Fencing 147 chains, 6 wires at 6s. 



9-1-11 146 Clearing 10 acres at 20s. 



21-2-11 60 Clearing 140 acres at 20s. 



— — Fencing 150 chains, 6 wires at 6s. 

 4-4- II 25 Fencing 103 chains, 6 wires at 6s. 



— — Well, 28 ft. timbered. 



£27: 



;^rd. Loan approved. 

 2-3-11 100 Mares 



Total . . . £500 



Stock and machinery loans are granted in the wheat areas only when 

 250 acres, worth 20s. per acre, have been cleared and rendered fit for the 

 plough. lyoans for the purchase of stock and machinery are limited to 

 £100. 



Extent of the bank's operations. -~ The following statement, compiled 

 from the annual report of the trustees, shows the total amounts advanced 

 to farmers up to 30 June of each of five years, the amounts repaid and 

 the outstanding balances at the same dates. 



