Public Trust

Cromwell Argus, 30 September 1929, Page 5

Public Trust

STATEMENT FOR AUGUST. 1929. The following particulars of the loan transactions and the new business reported during the month ended 31st August, IQ2Q, have been supplied by the Prime Minister. The loans completed during the month amounted to £427,251, making a total of ,£2,034,000 completed since the Ist April last. Further new loans were gianted to the amount of £287,125, making the total loans granted, ,but not yet paid, £581,030. while offers of loans less than the full amounts applied for amount to £77>344- « total of £588,374. Renewals of 38 loans amounting to £177.458 were authorised. Applications for additional new loans amounting to £422,939 are now under consideration. Estates of a value of £622,081 were reported and accepted for administration during the month. On 31st March last the total value of the estates under administration was £48,334,700, and the new business for the 5 months ended 31st August. .1020. was £3.77''os t j which is £707,448 in excess of the figure of the same period for the previous year. Grants of administration made bv the Court in. favor of the Public Trustee amounted to 197 for the month. During the month 631 new wills appointing 'the Public Truster* ovecutor were deposited for safe custody with the Public Trustee by living testators, and the total number now held in the Public Trust Office is 65,191. representing* an estimated present value of over £260,000,000.