AUSTRftLIAN i Mutual Provident SOCIETY. The fifty-first Annual Report, Just iesvaed, dlsclosea:1. An increase in the NEW BUSINESS for tl c year of . . £168,602 •2. An increase in the ACCUMULATED FUND of .. .. 89->,691 3. Ah increase iv the ANNUAL INCOME of .. .. .. 94,630 4. An increase in the amount of ANNUAL CASH BONUS of .. 20,440 5. A net gain in business in force of 9018 policips n?sriing.. . . 2,102,088 During the year 15.238 NEW POLICIES were issued, Leing the LAIIORST NUMBER yet written* by the Society in any ono year. The NEW A C BUBANOES issued amounted to £3,955,065, a anm IN EXCESS of that granted in anj year since 1891. The TOTAL ASSURANCES in force (including Bonus additions) now amount to 654,343,821. The NET INCBEASE to the volume of business in force is THE LARGEST in any year since 1891. The ACCUMULATED FUND amounts to £16,074,740, and the ANNUAL INCOME to £2,259,357. The RESERVE set apart for the possible DEPRECIATION of SECURITIES now stands at £266,692. The DIVISIBLE SUKPLUS for the year amounts to £506.182. yielding REVERSIONARY BONUSES of about, £942,500. The DEATH CLAIMS for the year were exceptionally favourable, whi'e the EXPENSES of MANAGEMENT were very lioderate. . BRANCH DIRECTORS :— The Hon. Morgan S. Grace, M.D., C.M.G., M.L.C. (Chairman ; the Hon. Charles J. Johnston, M.L.C. (Deputy Chairman) ; Alfred de Bathe Brandon, Esq. ; the Hon. Edward Richardson, C.M.G. ; John Duncan, Esq. EDWD. W. LOWE, Resident Secretary. Branch Office— Customhouse Quay, Wellington,
Acetylene Gas, I'THE SAFEST, BEIGHTEST, Cleanest and Cheapest of any Light known. For full particulars apply to W. BULLARD. Bull*. Sole Agent for the District P.8.-W.B. will Tisit all the small towns shortly, aad exhibit the light., J. GRACE & CO. 3PH« Square, PALMERSTON NORTH. Sole Agents, WASHERS. A Boon for Mothers. Harrison's Knitting Machines Sewing Machines Pearson and Bennion's Saddling Machines Mangles and Wringers, Knife Cleaners 20?. 80s, 85s Pianos, Organ?, Violins, ' Banjo?, Mandolin?, Accordions, Concertina?, English and German Mouth Organs, Flutes, Whistles Sheet Music. Brass Instruments, all makes. Call in and Inspect.
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Manawatu Herald, 19 June 1900, Page 1
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332Page 1 Advertisements Column 4 Manawatu Herald, 19 June 1900, Page 1
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