8.—9
CONTENTS-
PAGE Prime Minister's Statement—• New Business .. .. 1 Value of Estates and Funds .. .. 1 Wills on Deposit .. .. .. 2 Common Fund System of Investment .. 2 Sinking Funds Invested in Common Fund 3 Interest-rates —Common Fund .. 3 Revenue .. .. .. .. 4 Hawke's Bay Earthquake Relief Fund 4 Wairoa-Gisborne Earthquake Relief Fund 4 General Survey— Present Conditions .. .. 5 Particular Advantages of the Office .. 5 Progress of the Office — New Business .. .. .. 7 Value of Estates .. .. .. 7 Wills on Deposit .. .. .. 8 Table showing Expansion of Business .. 8 Administration of Estates and Kindred Duties— Effect of Economic Conditions .. 8 Applications for Relief by Tenants and Mortgagors .. .. .. 8 Businesses . . .. .. 9 Wills, Trusts, and Agencies .. .. 9 Intestate Estates .. .. .. 9 Estates of Persons under Disability .. 9 Workers' Compensation .. 10 Charitable and Public Trusts .. 10 Hawke's Bay Earthquake Relief Fund— Claims under Workers' Compensation Act 10 Wairoa-Gisborne Earthquake Relief Fund— Organization .. . . .. 11 Assistance granted .. .. .. 12
PAGE Company Shares, Debentures, and Similar Investments .. 12 Wills deposited .. .. .. 14 The Common Fund System of Investment — General Survey .. .. 14 Rate of Interest .. .. 16 Sinking Funds .. .. 17 Optional Nature of .. .. 18 Investments from the Common Fund— Collection of Interest .. .. 19 Table Mortgages .. .. .. 19 Margin of Security .. .. 19 Mortgagors Relief Legislation .. .. 20 Rates of Interest on Moneys in the Common Fund .. .. .. 21 Finance — Commission .. .. .. 21 Result of Year's Working .. 22 Economies .. .. .. 22 Percentage Table of Expenditure .. 22 Investment of Funds .. 22 Advances to Estates and Beneficiaries .. 23 Insurance Companies' Deposits .. 23 Restrictions on Remittances Overseas .. 23 Accounting Work .. .. .. 23 Staff .. .. .. .. 25 Office Organization and Representation —■ Branches and Agencies .. 25 Decentralization .. .. 25 Inspections and Audit .. 26 Legal Division .. .. .. 26 Rural Intermediate Credit .. .. 26 Conclusion. .. .. .. .. 27
I—B. 9.