3

H.—l7

Return of Wills, etc. — continued. 4. The Aggregate Value of each of the above-named Classes of Estates administered or managed by the Public Trustee.

5. Average Expense of Administration or Management per Estate in each Class for each Year.

6. Average Expense of Administration or Management per Estate per Centum.

Notes. In the section of the return relating to wills, only those wills which have been finally accepted by the Board of the Public Trust Office and administered have been included. In each of the three classes of estates the total number of estates under management in each year is shown, as also tho total number of estates managed by the Public Trustee during the whole period. The average expense of administration or management: The Public Trust Office remuneration being mainly by way of commissions ranging from 7 per cent, to 2 per cent, on property realised and income received, the effect of reducing these charges to an annual average per estate brings out tho result shown in the return, the amounts, of necessity, coming out apparently lower than the scale, for an estate may be under management for some years subject to the charge on income, which reduces the rate of charge when calculated on the capital value. Thus, if an estate worth £100 is managed for a year for a commission of 5 per cent, on its income of, say, £6, the cost of managing that ostate for tho year would be 6s. per cent, on the capital value; tho charge for realisation once made does not recur. The average has been calculated two ways : to show the average per estate, and the average per cent. Public Trust Office, R. C. Hamerton, Wellington, 24th June, 1890. Public Trustee.

1873. 1874. 1875. 1870. 1877. 1878. Wills Intestate estates .. All other estates .. £ s. d. j 6,038 10 0 4 22,665 5 0 35 14,560 10 0 23 I £ s. d. £ s. d. 4,960 10 0 18,970 0 0 5,433 5 0 30,817 0 0 3,572 10 0 29,545 10 0 £ 27,079 43,612 34,536 s. d. £ s. d. I £ s. (1. 0 0 33,178 0 0 37,410 0 0 10 0 50,799 10 0 54,366 10 0 10 0 36,586 0 0 89,629 0 0 j 1879. 1880. 1880. 1881. ,| 1862. 1888. Wills Intestate estates .. All other estates .. £ s. d. 36,458 0 0 51,968 0 0 42,007 0 0 £ s. d. 09,340 0 0 64,164 14 0 54,076 0 0 | £ s. d. 71,200 10 0 72,391 10 0 68,162 0 0 i s. d. 70,105 0 0 78,426 0 0 428,915 10 0 £ s. d. 80,850 10 0 84,718 15 0 SCI,136 10 0 1884. 1885. 1880. 1887. 1888. Wills Intestate estates .. All other estates .. £ s. d. 90,207 12 0 98,317 15 0 881,250 0 0 £ s. d. £ s. d. 125,753 0 0 124,510 10 0 107,117 15 0 102,720 0 0 902,152 0 0 914,843 10 0 £ s. d. 175.30S 10 0 111,010 0 0 954,421 0 0 £ s. d. 187,436 0 0 115,936 10 0 1,002,950 0 0

1873. 1874. 1775. 1876. 1877. 1878. | 1878. 1880. Wills Intestate estates .. All other estates .. £ s. d. .. 42 8 8 .. 0 0 1 .. 0 16 £ s. d. ' £ s. d. 41 2 7 I 81 9 2 2 12 7 I 1 5 5 0 19 10 j 0 13 8 £ s. d. 21 11 3 14 4 0 5 5 £ s. a. £ s. a. £ s. a. £ s. a. 13 13 8 6 3 5 4 8 5 15 17 5 0 19 0 1 1 10 0 14 4 0 13 7 008(046 050:046 i 1881. 1882. 188.-!. £ s. d. £ s. d. 10 2 7 10 2 4 1 0 10 0 19 11 0 7 4 1 19 3 1884. 1 1885. 1886. 1887. 1888. Wills Intestate estates .. All other estates .. £ s. d. .. 13 11 1 .. 0 19 11 .. 0 11 0 £ s. a. 8 3 0 0 17 4 2 0 11 £ s. d. £ s. d. £ s. d. £ s. d. 19 8 9 : 10 19 3 10 15 5 12 4 11 17 11 13 9 148 1 14 4 2 17 8 235 26 8 2 11 4

1873. 1874. 1875. 1876. 1877. 1878. 1879. 1880. Wills Intestate estates .. All other estates .. £ s. d. 0 13 0 0 0 1 0 0 9 £ s. d. 1 13 2 3 2 2 0 10 2 £ s. d. 1 14 4 1 19 8 0 0 11 £ s. d. : £ s. 3. ' £ s. d. 0 14 4 ■ 0 14 0 0 7 7 2 1 71 112 41 117 0 028042:02 11 £ s. a. £ s. d. 0 0 7 0 12 10 18 4 13 9 0 3 4 10 2 7 I 1881. 1882. 1883. 1884. 1885. 1886. 1887. 1888. Wills Intestate estates .. All other estates .. £ 8. d. 0 13 8 1 13 0 0 5 11 £ s. a. 0 14 2 1 13 10 0 12 £ s. d.( 0 15 4 1 1 8 11 0 8 9 £ s. d. £ 8. d. 0 14 0 1 1 13 3 1 3 9 | 1 16 9 0 4 10 5 6 £ s. a. 14 2 18 9 0 4 5 £ s. a. £ s. a. 0 16 0 ' 0 18 0 1 5 3 1 12 11 0 4 8 0 4 7