Page 1 Advertisements Column 2

Manawatu Herald, 17 May 1892, Page 1

AUSTRALIAN MUTUAL PROVIDENT SOCIETY^ ESTAP-LTSHED ...... 1549. The OliU^! Mn ua! Lifo Office in 'Auslialia'.' : . Kfw. Z-aknrl Branch : .^ • Head Offic ;•, On8«om-!,QU6«j.i Qv*y, \Ve!« lingtcn. ■ , Li.oal Board of Dinctors: The Ho>\"Mnri?nn R. Or; cc, M.D..C.M G.. M L ('.. (Cbii>ii!»tO. : Clmrlt* .1. Jphi s (,n, Jvq. (D. l u'y Chaiimai ), • • • A tro,\ «f Bn'lM! rrat" I**!.,1 **!., E-f|, The Jiuv. E.iward Bidiardsi.r , C.M.0.-. M.U IJ. : ••:■ • NicliolsP.Keu 1 , Efq. Mfr.Ucal Cffiufi : . "/■ '' T):. W. 0. Kenp. M.R.C.S (England). A 8 -ITiE \our.liu- in ihe Anstra- . lian Jiulunl PnH%'j:o:.f. Society, n; ; d ,F f cr.i,e au , Amriii. Bonus or Diviilond a pii\ ilcg-e whivh uo otl-cr. Cp'o.niftl : T.iftJ. O ; te e n grant itsniemberp. ... .■ ■. ■ Be careful .th>tt you: s- hct this Society, ami do not be Misled by tlio similavity of Name* ot .'ome of the other younger; Australia ii .Offices. ... The attention of the Members and the G.enfral Pnb'ic is called, to .some of the specittl features connected wkh the •""ooiptv, which is th* oldest Colonial. Institution -of. its,. kind, .having l<en estfibii&hod in the year 1849. • The results of tbe business for the Forty-first year, ending Slst.Decem'>cr, 1889, may be summarised as under :-r-i- . . . . : Fikst— The nunil er of the. new I policies is?ued was 11,064. . ' • Second v- 'she new A snrr.nco l>usiness. effected va>foj; £8,679,459. •', .. , 'i. niJ«D '- Tl.e ...iu,w Annual Pre-r.' niiiun Incoir.e amounted to£l2l,BCo. ' Forßin — Tho net increase to the ' business, after .llowing for loss of income l'ronU:<-iniinate.d Policies, was , represented b. 7028 £2,109 190. Fjith — The op er tic-ns <■ f 1 1 1 c y ear raisr-tV the arnunl incomo of ")>e society frcm £1 512L280..10 .Jjl,G2s--185. an ir.ripaso in ixvolvc nrnihs of £112,905. . „', .*■ ixtii — > ho acciuviijla'fcd fund was incrensp.d dur'ng the year .b}' the sunvof. £742,811,, ; equal to 71 per cent. : c4 . Up . gross prem"un s re-ot-iyed. . : . „.- ; ; . i • • ... ' Sevknth — The deaths amonj? lives a.sgui«d wrrr 649 under. 785 p licifl- 1 , caii?ii>g elaiiiiH uprn tluy,i Society.. ainouniiiig tp £299,602 irrcsj ective of. Bonus additions, ,w)iile the.nnm- . ber expected, according to, tjje Tables us.d. in, estimating , the. liabihtii.s would have been , 1%4fi f . , Ipr . an aicount <.-f £488,976, the', mortality e^periencQ being; t^hus, extremely favourable. : :.. . • . . EiGiiTir—- Tho reeeipis.,;froin, interest and rents, Tvere £516,832, an | amount exceeding. the suni.. paid for j the'e'ain^s by i' 1,38,952 ,.'.'. ': ; Ninih -rJ h e expeuses . < <i. ■ managera^iit w«.ro only 9.5 pjei* cent^.. of th.c. . total Tfccoiptsi .... ■■;'. ♦•.. „,:. ",, . * * T'kxth— the cash pu,rp'us divided ' "for.-.iiie. .year .188,9 w«s £420,494, j V.eing.at the rate 0f.4,1: 5.per cent, on \ the. preminm.s.. received.. , • . The operations' of tbe Society during the 41 years of Mis esistentiemHy I c suinmarifed as under — ' . ■ :-. ■ .■.'.; ■ :r / ..■'.• It has iasurd 141.^t 1 P f 7 policies, assnijiig S>^0 9 4JL r J^7X r T: . • It bn« paid lo the ifpreseut^i.ms of de-co-t" * y r.yml.crii ovev.^^jOOQj- ' COO in Shliafaction of deSih' ai;d 1 iiiaiu>eil c'aiiiiF. ' , ' It has divided ftnitfng thprn^ni^ers' tinth •■■•■•' lonuoes age<"<"?a!>»ig ■' .crier- -■ £4k 9 * ; ■ CGG,COO, jklitiijia .tev»;rtii«iuji'VMl'i.tiona of over £8,CC0,» ■ ■ obb. It haß acqnired an Arcnitinlated linnd of £9,000,CC0, all • ■'■ ! invested to yield ' fully 6 Jieip cent* ■<v ii»tei?est. ; . -..; ; :. ■ . • ASSETS— -New Zoalnnd^ £1,273,514 . \edward '% .lowe;;; . . , .. Resident Secretary. Ifranch Qffice — , Custom House Quay, Wellington.. FoVtoiyAgents-r- ; • - '.