PUBLIC TRUST.
BUSINESS FOB. DECEMBER. The following particulars of the loan transactions of the Public Trust Office and new business reported during the month ended 31st December, 1928, have been supplied by the Prime Minister (the Right Hon. Sir Joseph Ward): — , “The amount paid out in settlement of new loans was £153,851 3s 3d. Further new loans were granted to the amount of £91,794, and the total of new loans now awaiting completion is £426,070, while offers of loans less than the full amounts applied for amount to £747,146 —a. total of £5/3,216. Applications for additional new loans amounting to £303,549 are now under comsideraiton. Notwithstanding the intervention of the Christmas holidays, estates of a value of £333,128 were reported and accepted for administration during the month. On 31st March, 1928, the total value of the estates under administration was £44,-155,-548, and the new business for the nine months ended 31st December last (£5,012,644) exceeded that of the same period for the previous year by £457,592. Some 484 new -wills appointing the Public Trustee executor were deposited for safe custody with the Public Trustee by living testators, and tlie total number now held'is 61,624, represening an estimated present value of £241,800,000.”
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/HAWST19290201.2.66
Bibliographic details
Hawera Star, Volume XLVIII, 1 February 1929, Page 7
Word Count
201PUBLIC TRUST. Hawera Star, Volume XLVIII, 1 February 1929, Page 7
Using This Item
Stuff Ltd is the copyright owner for the Hawera Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in