Page 1 Advertisements Column 2

Manawatu Herald, 25 February 1892, Page 1

AUSTRALIAN MUTUAL PROVIDENT SOCIETY. BSTABtISHED .... ... 1849. Tba Oldest Mutual Life Office in An^^ New Zealand Branch : Head Office, Custom-house Quay, Wei* lington, Looal Board of Director! : TheH«h. Mor«nn S. Grace, MJX.C.M.G., • MJ.CV (Chairman). Charles J. Johnston, Esq. (Deputy Chair. mar). A'fred de.B«tba Brandon, Esq. The Hon. Edward Riohardaon, C.M.G., M.HB. Nicholaa Reid, Esq. Medical Officer : Dr. W. G. Kemp, M.R.C.S. (England). ASSURE your life in the Australian Mutual Provident Society, and secnre an Annual Bonus or dividend, a privilege which no othor : Colpniat life Oflßoe can, grant, its' members. •■■•-. . . ; Be careful that you select this ■ Society,, and do not be Misled by, the similarity of Name of BOnie of the other younger Australian Offices, The attention of the Members and the General Public is oalled to some of the . special features connected with the Society, which is the oldest Colonial Institution of its kind, naying been established in: the year i 849. The results of the business for the Forty-first year, ending 31st Deoember, 1889 i : may be summarised as under:— Fikst — The number of the new : policies issued was 11,664. . : S^cokd— The new Assurance business "effected was for £8,879,459; I ;1 TpTßD— The new ; Annual Premium Income amounted to £121,800. Fourth— The net increase to the busmess, after allowing for loss of income from terminated PolioJeß, was represented by 7Q2Bp6licies,asstiring £2,109,199. i FiFTH^-The operations of the year ; raised the annnnl income of fhe society from £1 512,280 to £1,625. 185, an. increase in twelve months of£ll&i9dS.." FntTH— ° be aijbumulated fund was iboreased during • the ydar by the , Buto fif; 4742,811 * equal to 71 per ■ cent, of the gross premiums re- : eeive#- : ■'••■ ■-' ■■■■■•■-'■■ SiVEKT&^-The deaths amoneliyes ; aSßttred'werA 649 under 785 policies, • causing claims: upon the Society ! amounting to £299,602. irrespective of Borius additions; while Hie mm* ber expected according to the Tables usefd in estimating the liabilities iwouldshave been* 1143, for .an amount of £488;976, the mortality experience being : thus e^remely ■favourable.. •'■■''■■" ■. ■"■ ■ : ' ' : - f •: : -■■■■• Eighth— The receipts : frotn :in-: terest and rents were £516,882; an amount exceeding th» sum paid, for the olaiins by £ 168,952. ■ ;I^INTH^-The expenses of management were only 9.5 percent, of the total receipts. C iTia^tA-^-Th6 cash surpluß divided foi^ the I syW 1889 was £426^494, I being, at the rate of 41.5 per cent, on ;the premiums received. ) . operations of thjßßociety dur ( -; ing' Jhe its.ex^steince.may be sumn]^^ *'s& nt^r^r- . ! Itijttrt9neai4l.,OOT policies, ac- ; Ifchaßp.*j'd to^ the.wg^^ntaSjv'eanf VJ|B-r ] ■ , ' <; ,ce,B»gd pn|b^|pjij£4r^PP^ : ', : .- Qpt> in Bajj&HUSfton of deiith arid ; > It .^m' divided ym^;;t^'^emb^rß 'oask'' i boUQpes aggregating clover jß^il • OOO,<>OO 9 Wtveißiod^ : ,! aryaHrtitionsof ever £B^QOO,r I ;... , 000. ;.., ■/_ : ;■ . . i ; Ithaa »cqnire6 t »n Accnmnlated Kund of £9,000,000, »11 r ' invested to yield : ' ; ftilly 6 per , cent. interest. i ''■'„'.. ■ ■ ■■ ■_ i -ASBETS— New Zealand- : £i,S7B;fflk'' i i'" " !.' '." ■■' ■ ... ■ ' • I U ['.: •■..{■■ -M:\ e^ Secretary. , t f Custom Hoqse Quay, Wellington, ::•!■ r. :■'■>(•'• ,%■ ■■ :■■..,■ ■* Fpx^on Agen;t«-r. ; •,.