PUBLIC TRUST OFFICE.
STATEMENT FOR MARCH. (From Op® Own Correspondent.) WELLINGTON, May 5. During the month ended March 31, the amount paid out in settlement of new loans was £161,704, private mortgagors £104,304, and local bodies £57,400. Further new loans were granted to the amount of £261,195, private mortgagors £106,425, and local bodies £154,770. The total loans granted, but not yet paid, amount to £640,430, and the amounts offered being less than the full loans applied for, amount to £64,590 —a grand total of £705,020. Applications on hand awaiting consideration amount to £409,945. The total amount of loans paid out during the financial year ended March 31, is £2.458,780, private mortgagors £1,687,693 and local bodies £771,057. The new estates reported for administration during the month were of a value of £331,359, malting a total for the year of £4.621,869, an increase of £840,714 over the year ended March 31, 1924, which was itself a record year. A further 517 new wills of living testators were also deposited in the office during the month of March for safe custody, bringing the number so held up to 44,102.
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Bibliographic details
Otago Daily Times, Issue 19472, 6 May 1925, Page 6
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186PUBLIC TRUST OFFICE. Otago Daily Times, Issue 19472, 6 May 1925, Page 6
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