PUBLIC TRUST OFFICE
STATEMENT FOR JUNE. The following particulars of the loan transactions of the Public Trust Office and new business reported during the month ended 30th June, 1929, have been supplied by tile ’Right Hon. - the Prime Minister. ; v . THe amount* paid ’ouf 1 in settlement of new loans was £146,583. Further ‘new logins were granted to the amount of £63,825, and the total of new loans now awaiting completion is £459,735, while offers of loans less than the full amounts applied for amount to £111,090, a total of £570,825. •
, Renewals of 38 loans amounting to £175,994 were also authorised. Applications for additional new loans amounting to £288,899 are now under consideration.
Estates of a value of £822,450 were reported and accepted for administration during the month, making the new business ifor the quarter ended 30th June, 1929, £2,378,599, which is over £600,000 more than the figure for the same quarter in the previous year.. On the 31st March last the total value of the estates under administration was £48,334,790. Grants of administration made by the Court in favour of the Public Trustee numbered 111 for the month. During the month 540 new wills appointing the Public Trustee executor were deposited for safe custody with the Public Trustee by. living. testators, and the total number now held is 64,177, representing an estimated present value of £256,000,000.
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Hokitika Guardian, 24 July 1929, Page 5
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227PUBLIC TRUST OFFICE Hokitika Guardian, 24 July 1929, Page 5
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