Page 6 Advertisements Column 2

Bay of Plenty Beacon, Volume 14, Issue 2, 22 June 1949, Page 6

MAIL FAR AMP SOCIETYS TABLE MORTGAGE SYSTEM MOW DOES IT OPERATE? A fixed half-yearly payment is made which includes both principal repayment and interest. The loan thus gradually reduces and is repaid entirely at the end of 25 years. WHAT DOES IT COST? 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 LOAN OF £IOOO REDUCE? Amount owing after 5 years have elapsed £875 1 ** *» »» 10 »» n n 719 »* »» »» 15 M „ „ 528 »* «» »» 20 „ „ „ 292 >» »» »» 25 „ „ „ Repaid in full CAN 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.MJP. SOCIETY (Incorporated in Australia) FOR FARM FINANCE - ADVANCES - EASY YOUR NEAREST OFFICE - VICTORIA A. E. Carrington—District Manager. N. C. Crazier— GENEROUS PAYMENTS STREET. HAMILTON Manager lor New Zealand.

TO COVRU* FOR CLARITY CAPACITY WORKMAM§HfiP More and more people are turning to Courier for really superb radio performance. See and hear the manificent Courier ‘ TEAL ’ model it’s a 5 valve Broadcast set that;will amaze and delight you with its glorious tone, exceptional selectivity end high-grade workmanship. Manufactured by Radio (1936) Limited, Quay Street, Auckland. Write, phone or call R. OXENHAM The Strand, Whakatane. FINE RADIO

BOUGHT FOR THEIR '// 0 Actual photograph of 13 heavy duty Austin Trucks operated by the Canterbury Dairy Farmers' Co-op. Milk Supply Co. Ltd. a ti ii Many large transport firms are changing to Austin Trucks —here's why! 1. Tests prove that the larger 4-litre truck engine gives greatly increased power and torque. 2. Scientific designing distributes weight evenly over all four wheels —means full capacity loads can be carried at the lowest cost per ton-mile. 3. Austin's superior engineering gives you life-long Dependability, the barest minimum in upkeep and maintenance, and fuel economy which continues to surprise even the most experienced truck operators. It will pay you to get full details now from your nearest Austin Distributor. You can Depend on them! AUSTIN 2-3-6 tos TRUCKS AUTHORISED AUSTIN DEAL ER FOR—-Whakatane and Opot iki Districts. BRABANT BROS. LTD. WHAKATANE