Page 8 Advertisements Column 1

Waikato Times, Volume 124, Issue 20784, 20 April 1939, Page 8

THE MUTUAL LIFE b CITIZENS’ ASSURANCE COMPANY LIMITED Founded 1886 ANOTHER RECORD YEAR The M.L.C. takes pleasure in announcing that the results for its fiftysecond year surpass all records. STRENGTH Assets exceeded £2v000.000 of which over 08 per cent, was repreM in 1 Bod] nd Loans on Policies. The \aluation of the actuarial liabilities was made on strictly pure ng . per cent, for the Industrial Branch, and 2i per cent, for the Ordinary Branch. These rates are unsurpassed for strength in Australasia. PROGRESS .... £8.233,133 .... £4,440,634 £12,673,789 —an increase over the previous best figures. The increase in funds was £1,566,732 —the largest in the Company's history. The t.lal income increased :>;• £282,229 to £4,297,965. GOOD MANAGEMENT Economy: Notwithstanding the record business written, the percentage ses is 1 n the Ordinary Branch, and 27.14 in the Industrial Branch. Light Mortality: The mortality experienced was again light. Sound Investment of Funds: The elTec;ive rate of interest earned on funds and reserves was £5 0s id per cent, in the Ordinary Branch, and £i 16s 1' i per cent, in the Industrial Branch. Outstanding interest at the end of the year amounted to £342 i only on assets of £28,000,000 and n me of it w is brought into acc >unt is an asset. 4 THE RESULT The M.L.C. has been able to maintain the high bonus rates paid for the year 1937. Example: Whole of Life Policy in the Ordinary Branch, age 30 at entry. Reversionary Bonus for the First year £2 3s Od per cent., increasing to £4 2s Od per cent, for the 30th year. Head Office for New Zealand: Post Office Square, Wellington. D. W. DUFF, F.A.1.1., Manager for New Zealand. Auckland District Office: 7 Shortland Street.

PROFESSIONAL Nui'lCE J£LMBEL. GUN-MAKER GUNS and Riflea Repaired. All makes of Guna. Riflea, Carirluires and Acceasorlea stocked. The small shop, blir bnsinPS ~_pmg;, Sp-T» Repair Specialist. rpAUPO OTAR A rpiMBER qq.. Stock the FINEST MOUNTAIN SAWN AND DRESSED TIMBERS. Write for Price List. SAWN TOTARAS —Fencing Droppers, Shingles, Survey Pegs, eto. SASH MATERIALS, TQTAKA. MATAI, RIMU. H«ad Office: Putaruru. Phone 2, Telegrams; Talico.