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Poverty Bay Herald, Volume LIII, Issue 16375, 24 June 1927, Page 7

At the annual meeting of the Perpetual Trustee Estate and Agoncy Co., held in Dunedin, Sir George Fenwick said the company has at the present moment no less a sum than £2,000,000 invested on mortgage on behalf oi clients principally in Otago and Southland, but to a'fairly large extent in Canterbury. He added: During the past year there has been as a rule ample'money available for sound farming securities. This has at least been our experience. While dealing with this particular matter, it may be. well to draw the attention of the Minister of Finance to the Fact that any complaint there may hnvo been that money has not been available m n sufficient amount for farm securities is due* to an appreciable extent to the Government's own lending departments. It is a well-known fact that Government valuers have too largely confined their attention to borrowers who could readily have obtained all they required from other sources, and have placed in a secondary position I lie securities of struggling farmers who have not quite the same margin of security to offer. It is the latter who arc really most in need of assistance from the State and Rural Advances depart incuts. Your Diamond Ring from £5 10s up "t A St"wluvm una Co s. .Towbllot* * The Hygienic Teapot— E.P.N.S„ Al; no leaves or tannin can remain.—A. w t,niir>bam and Co.. .Tew»"p> , «* You can sleep soundly these nights without worry if yon purchase your Ahum Clock from Good and Co.*