8.—9

CONTENTS.

Prime Minister's Statement. page New Business .. .. 1 Value of Estates .. .. .. 1 Wills on Deposit .. .. 2 Representation . . .. .. 2 Organization .. .. . . 2 Requests for concessions .. .. 2 Common Fund .. .. .. 2 Investments .. .. 3 Hawke's Bay Earthquake .. .. 3 Conduct of Work .. . . .. 4 Administration by Public Trustee .. 5 Investment of Estate Funds —Common Fund .. .. .. .. 7 Economic Position .. .. .. 8 Finance .. .. .. 10 Investments .. .. 10 Advances to Estates and Beneficiaries .. 10 Value of Estates under Administration.. 11 Value of New Estates and Funds accepted 11 Government Superannuation and other Funds .. .. .. ..11 Insurance Companies' Deposits .. 11 Local Bodies' Superannuation Funds .. 12 Local Bodies' Sinking Funds .. 12 Depreciation and Reserve Funds .. 12 Trustee for Debenture-holders .. 12 Office Buildings .. ... ..12 Staff .. .. .. ..13 Administration of Estates — New Business .. .. 14 Wills and Trust Estates .. .. 14 Intestate Estates .. .. .. 14 Mental-patient Estates .. .. 15 Aged and Infirm Persons .. .. 15

Administeation of Estates — eld. page Convicts .. .. .. 15 Charitable and Public Trusts .. .. 15 Agencies .. . . .. .. 16 Estate Accounts .. .. 16 Resealing and Administration of Assets Abroad .. .. .. 16 Workers' Compensation Act, 1922 .. 17 Claims for Damages .. .. 17 Unclaimed Lands and Unclaimed Property .. .. .. 18 Absentee Mortgagees . . 19 Life Insurance Act, 1908—Minors' Policies 19 Hawke's Bay Earthquake Relief Fund 19 Wills deposited .. .. .. 21 Legal Division .. .. .. 21 Mortgage Division — Investments from Common Fund .. 22 Instalment Table Mortgages .. .. 23 Mortgagors Relief Act, 1931 .. .. 23 Hawke's Bay Earthquake .. .. 23 Volume of Investments .. .. 24 Decentralization of Investment Work .. 24 Collection of Interest .. 25 Supervision of Securities .. 25 Loans to Local Bodies .. 25 Rural Intermediate Credit .. .. 25 Inspections and Audit .. .. 26 Enemy Property and Clearing Office Work .. .. .. ..27 Settlement of Claims .. 27 Realization and Disposal of Ex-enemy Property .. .. .. 27 Progress of Work .. .. .. 28 Conclusion .. .. .. .. 28

I—B. 9.