COMPANY AFFAIRS.
The following particulars of the loan transactions of the Public Trust Office and new business reported during the month ended April 30 have been supplied by the Prime Minister (Rt. Hon. J. G. Coates): —
"The amount paid out in settlement of new loans was £157,770. Further new loans were granted to the amount of £30,295, and the total of new loans now awaiting completion is £568,250, while offers of loans less than the full advances applied for amount to £117,985 —a grand total of £686,235. Applications for additional new loans amounting" to £284,287 are now under consideration.
"The Hew business for the first month of the new financial year was satisfactory, the total value of the estates accepted for administration being £543,173. On March 31 the total value of estates under administration was £44.155,548. Some 440 new wills appointing the Public Trustee executor were deposited for safe custody by living testators and the total number now held is 58,424."
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Bibliographic details
Auckland Star, Volume LIX, Issue 120, 23 May 1928, Page 4
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161COMPANY AFFAIRS. Auckland Star, Volume LIX, Issue 120, 23 May 1928, Page 4
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