Page 8 Advertisements Column 3

Bay of Plenty Beacon, Volume 13, Issue 96, 8 June 1949, Page 8

FAR %temCo u Titter f/ze AMP SOCSOVS TABLE MORTGAGE SYSTEM HOW DOES ST OPERATE? A fixed half-yearly payment is made which includes both principal repayment and interest. The Joan thus gradually reduces and is repaid entirely at the end of 25 years. WHAT DOES ST GOST? An annual payment of £65-6-8 will completely repay a loan of £IOOO in 25 years. The total commitment for both principal and interest, is thus approximately 6£% of the amount borrowed. HOW DOES’A LOAK! OF £IOOO REDUOE? f Amount owing after 5 years have elapsed £875 •» » »» 10 „ „ ~ 719 _ »» >* » 15 „ ii „ 528 »» ii it 20 „ „ „ 292 » ti ii 25 „ „ „ Repaid in fuii GAM INTEREST RATE BE INCREASED? No —interest remains at 4£% throughout the whole term of 25 years. CAN ADDITIONAL AMOUNTS BE REPAID?' '* Yes. Up to a maximum of £2OO per £IOOO of the original loan may be repaid each year. The borrower would then have the option of paying a reduced instalment or the original instalment for a shorter period. A MP. SOCIETY • (Incorporated in Australia) FOR FARM. FINANCE - GENE RO U S ADVANCES - EASY PAYMENTS YOUR NEAREST OFFICE ~ VICTORIA STREET, HAMILTON A. E. Carrington —District Manager. N. C. Crozier —Manager for New Zealand s ON i J xS mwi IK 810 § HE RADIO VALUE OF THE YEAR!, th. newest, smartest 6 valve mantel ever. The set for your home, your purse, your listening variety. & fla. XJo»r , , Full size 8" Celestion Permanent Magnetic Speaker. Novel, 2 speed tuning mechanism. Large chassis. Highly attractive cabinet. Roller type dial, and many other exclusive advantages. 6 VALVE DUAL WAVE MANTEL £34-5-0 Tike dAe&i Ufome WHAKATANE RADIO & ELECTRICAL CO. 8 The Strand, Whakatane. N.Z. Distributors: H. W. CLARKE LTD., Wellington. AUSTIN 2, 3 & 5 TONNERS designed for hard work and built to last! Six-cylinder oJi.v. engines give these Austins ample power for the toughest job. Austin engineering gives them long life and Dependability, while careful design keeps servicing simple and running costs, including tyre wear, low. Driving fatigue is at a minimum, thanks to good visibility, responsive acceleration, and light, positive steering, # mu Invest in an AUSTIN You can depend on iti Now, more than ever, commercial transport operators are demanding trucks with the stamina, power and Dependability of these rugged British Austins. Come in NOW and get the full story of Austin Payload Performance. AUTHORISED AUSTIN DEALERS I BRABANT BROS. LTD. WHAKATANE. Whakatane and Opotiki Districts