The A.M.P. Society.

Manawatu Herald, 9 May 1895, Page 3

The A.M.P. Society.

W® beg to acknowledge the receipt of the forty-sixth annual report of the A.M.P.. Society.

' r DuriDg the year 1894 the funds have increased from £11,954,586 to £12,485,240; there, are 121,478 policies in force, assuring £89,510,---180; of which 20,862 are l.t'd ml New. Zealand for £6,134,870, equa to a shade under one-aixth of tha whole ; that the annual income is £2,029,095, and that the expensed have decreased, being now. at the rate of a shade over 8 per cent, on the. annual income. The amount of cash bonus to be provided . for the year 1894, being one year's bonus, is £428,020, providing reversionary bonuses amounting to £850,000 for the year. The cash bonuses for the year show a dividend of £84 6s per WBt. on the premiums received dur« ftfothe year, ■TOe reserve set apart for possible dejwoiation of securities now stands |nU14,849. !j)ne Report renounce that since tbf close of the year a Supplementary; Prpspectuff containing Tables of IlftftJ a number of new benefits fcftl been issued ; these Tables have been approved by Mr George King, F.1.A., of London, and their introduction will it is believed largely extend the sphere of the Society's usefullness.

The Society is to be warmly con* gratulated on its past year's success** fi4 work.