NATIONAL INSTITUTION
A.MP. Society^ Financial Stake £20,000,000 ASSETS SYDNEiY, May 8. "The society migbt well be regarded aa a National institution in New Zealand, not only by reason of the fact that it holds on its books over 40 per cent of the total life assurance in force in the Pominiop, but also from the standpoint of its financial ptake in the oountry," - stated Sir William Hunt, New Zealand delegate to the annual meeting of the A.M.P, Society,' "The New Zealand brahch assets (all of wbidh are ipvested in th© Dbminioo) hhve now reaohed the very eubstantial total approachiug twepty million pounds, 6f whioh loan on mi.'rtgage investments represent snme three million, Government pecurities three and a-half million, and loans to puTbio bodies and Munieipalities approximately hine millions. Our secufities are in a gound position, and thosa of the farm aooounts' whioh have requjred a certain amount of "nursing" during the depressi-on years ara, in the majority of cases, now ptanding on their own feet."
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Hawke's Bay Herald-Tribune, Issue 95, 8 May 1937, Page 9
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165NATIONAL INSTITUTION Hawke's Bay Herald-Tribune, Issue 95, 8 May 1937, Page 9
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