Page 1 Advertisements Column 2

Manawatu Herald, 10 May 1892, Page 1

AUSTRALIAN MUTUAL PROVIDENT SOCIETY. LSTABLISBED 1849. The Okkat Jdniual Life Office in Aust»alio. Ktft Zeaiand Brai eh : H.-;p.d Offic-, Ciis(pn;-l,o«pe Quay, Wd« iingtcu. . Lee.-.l Board of Dirt ctntß : The H-r. Mnroati S. Gr;ce, M.D.,C.M G.. Al 1. C. (Cbi.i:iP»»i). Char!.!: J. Jolu-8 ( n, 'E g. (D.pn y Ghaii--lIISI ). A frtil .cc Ba:l-c TV«>.':o;., V.*C\. Tlji- H"-. l-Mwcrd RicliaroK-ii 0.iJ.f1., M.M I». Nichcilaß JUti'l, Ewj. M««lic;»l(/fi'>r: D . W. (3, Knrv M.'\C.S '(En^Und). AS URi: yon .■ life in iJin'An«Jra. linn MulUiil Proyii'ei.t Society, ni'd Kfciiro .an Aiu:-i;i. Bonus or Dividend n pn'vilcfti: >> IjJc-Ij iioot!;fir Co'oninl Life 0 cc cm j(iant its momlers. Be care'nl th .t you* s:-ket this Society, nn<l do not ie Misled by tho similarity of Njiuio ot tome of Ihe other yonngi r A.u K tnilin» Offices'. The attention of the Mombr-rs and the Geivra' Pubic is called to some of tho special features connected with the v oci. tv. vl»i- h is th" oldest Co'onial Ins'itnfion of its kind, fcavinjr t(cn csti;bi : £hed in the year 1849. Tho results of the business for the Forty-fir.sl year, ending. 31st December, 1889, 'mny le summarised as unr'cr — First -The number of the new jolicies isc-und was 11,064. •Second.- ""'he -new A'surnnco business effecled v a^ for £8.079,459. 'mii.D 'Ihe iuw Anv.nal Premium Income amounted t0 £121,800. FouiiTii — The not increase to the ■business -hfißi- cllowinw -for loss of income iivin tciminated Policies, was represented b. 7028[.o]j'.ie3,nssnring £2,109.199. F]l-th— The oppr ti> kk « f the \ onr rais-cd the nrnunl income of ihe society fvcm £1 512,280 to £1,625---ISS. iin iiwio:iso in Jwelvo inr.-nlhs 0f£112;905. ix'iir — he accnmula'cd fund was is»crrnppfl dur'ng tho* ; vcar by. the si m of £742,811, equal to 71 per cent, of lie gross prcm'uus roc'ived. Seykkth — 1 he tlmtlis amonjj: lives ussured v.no C 49 under 73s p Ueio-, rnu^ing; claims upon tho Sccioty aniouniintf to £299,002 irrespective of Bonus nddi lions, while the number cxi ected according to tho Tables us<d in estimating the liabihti- s would lmvo been 1143, for nn amount cf £488,976, the mortality experience being thus extremely favourable. Eighth — The receipts from interest i:n-l rents wore £516.882, an amount oxreedinp the sum paid for the cnin.B by 4'] 88,952Kinth - 1 he expenses of manage-io<-nt who '.nly 9.5 per cent, of the total rtcripts. Tekth — The c: sh aup'us divided for the year 1889 whs £426,494, 1 eing at the rale of 41 5 percent, on the premiums received.'* "■"™— ""■* ■■*»• IJie operntions of the Society durirg the 43 years of its existence niny 1 c summarised as under — II has if surd ].4clL 9 907 policies, asIt h.-s i-hiil io the 1-cpresei.t-itivfS of deceiF' '^ *tjc miif i s over £4,G06) a OCO ill 8- tibfccliou of death Liid [ iua*.i..e«] c'aiiaf. , It haR f'ivided amonj: the meniheic oath loiiii!-(s acfrp^atJi'g over 00©,CCO, jii-litiiv? re«'i-i>ii v- : ry *«!.-.. lions cf over |8,0C0,---cco. It h-s ninnired an Accumulated Eunl of £9,000,000, all isi^uresijed -to yield fizlly 6 pep centt ixat oldest. ASSETS— New Zealand- £1,273,514. EDWARD W. LOWE, Eesident Secretary. Brnr.ch Office — Custom House Quay, Wellington Fo: ton Agents — ■iIiySKK LIKTON- &'• O.-