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PUBLIC TRUST

APRIL BUSINESS. The following particulars of the loan transactions of the Public Trust Office and new business reported during the month ended 30th April. 1928, have been supplied by the Right Hon. the Prime Minister. 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 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 new 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 the 31st March the total value of estates under administration was £44,155,548. Four hundred and forty new wills appointing the Public Trustee executor were depofifced for safe custody by living tesjtators, and the total number now held is 58,424.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/STEP19280526.2.29

Bibliographic details

Stratford Evening Post, Issue 62, 26 May 1928, Page 5

Word Count
163

PUBLIC TRUST Stratford Evening Post, Issue 62, 26 May 1928, Page 5

PUBLIC TRUST Stratford Evening Post, Issue 62, 26 May 1928, Page 5