206 



REPOKT OF THE 



No. 3 



Memorandum of Settlers' Loans to October 31st, 1920. 

 Applications. 



Total number of applications received 2,227 



Total amount applied for $874,760 00 



Average per application 384 61 



Amount applied for under approved applications 636,040 00 



Loans. 



Number of loans issued 1.558 



Equal to 70% of applications. 

 Amount granted 510,536 00 



Equal to 58% of total amount applied for, and 



Equal to 80% of total amount applied for under 

 approved applications. 



Average loan 315 44 



Total acreage covered by liens 238,678 



Acreage improved land — equal to 13.2% of total acreage 32,663 



Average loan per acre on total acreage 2 14 



Average loan per acre on acreage improved land 15 63 



Note. — Figures, except averages, include application for, and loan of $12,000.00 

 to Sudbury Co-operative Creamery Co., Ltd., and $8,000.00 to the Kenora 

 Dairy Co-operative Association, Ltd. 



Repayments. 



Accrued interest due $71,789 03 



Accrued interest received 65,305 30 or 90.96% 



Payments on principal due 130,197 69 



Payments on principal received 126,787 33 or 97.38% 



Total payments due 201,986 72 



Total payments received 192,092 63 or 95.10% 



Details of Loans Issued and Outstanding. 



District 



No. of 

 Loans 



Amount 



Unpaid Principal 

 and Accrued Interest 



Algoma 



Kenora 



Nipissing 



Rainy River . 



Sudbury 



Temiskaming 

 Thunder Bay 



Totals... 



33 

 135 



68 

 129 



32 

 691 

 470 



1.5.58 



$10,105 00 

 47,895 00 

 24.800 00 

 41,600 00 

 22,975 00 

 213,740 00 

 149.721 00 



$510,836 00 



$8,976 26 

 38,920 54 

 19,044 17 

 31,442 01 

 21,003 70 

 152,866 39 

 118,279 33 



$390.-532 40 



