PROVIDENT LIFE ASSURANCE COMPANY. ANNUAL GENERAL MEETING. The annual meeting of the Provident Life Assurance Company was held on Wednesday, April 6, 1921, at the head office of the company, Dunedin. The report showed the ,- completed during 1920 to be £584,929, of which £250,199 were ordinary branch as-. fliiranppß- the nremium income naa mby £9268 P 3s. sd. to £102,0® 6s. 7d„ ■ while the total income amounted to £ll5 593 9s. 6d. Claims totalled £22,020 6s. 5d., and the sum of £46,347 14s. Id. was added to the funds, which amounted at the end of the year to £289,199 les. od. The chairman (Dr. W. S. Robert..), tn moving the adoption of the report and balance-sheet, stated that the all-round results were the best m the history ot the company. In the ordinary branch the new business was a record, and 90 per cent, of the old business had been retained The rate of interest on the funds, invested almost entirely in Government and municipal debentures, was £o 13e. per cent., and over 80 per cent, of the year a. premium income had been added to the Il ln lS the industrial branch the premium income had increased by £6OOO and t.is. interest income by £llOO. while the expense ratio- had been reduced by 1.7 per cenh The yield on the funds was within a tew pence of 5 per cent., and attention was drawn to the fact that less than 4 per cent, of the total invested funds waron mortgage. De expressed the hope that, although the present year was likely to prove a difficult one, New Zealand would recover more quickly than other oountrie-,, and concluded his speech with on appreciative referepce to the work of the staff.—Advt.
BECOME EFFICIENT. Debility is not only distressing to th* individual, but it is an economic loss. If your blood is thin and your head aches if your digestion is weak and your nerves unsteady, you cannot do your, work well. True efficiency consists in building up your general health so that you again find pleasure in work. Stimulants do not give real help, lhey enable you to draw on your reserve strength, but this in turn leaves yon weaker than before. Debility is not a disease of any one organ. ‘lt is a general condition of unfitness. It must be inst by a rewd.Y whose good results will be quick ly generalised throughout the entire system. In fact, it must be corrected by buildnig up the Wood which being rich and.red carries renewed health and strength to eve’rv Dart of the body. Dr Williams’ Pink Pills are a tonic, not a stimulant. They build up the blood and have t l a ™ fo '; med .;^? US ’ a "nd of sick, grouchy, irritable, tired, ana nervous people into active, capable efficient men and. w'men. IJr. Williams’ Pink Pills are 3s. per box at all chemists and storekeepers.-Advt. Old paintings which have been “faked” are now tested by X-ray».
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Dominion, Volume 14, Issue 166, 9 April 1921, Page 10
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496Page 10 Advertisements Column 5 Dominion, Volume 14, Issue 166, 9 April 1921, Page 10
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