AUSTRALIAN Mutual Ps'O'H'ident SOCIETY. The fifty-first Annual Report, Just issued, disclcsca:1. An increase in the NEW BUSINESS fcr (he jf ar cf . . f 1G8.G02 2. An increase in the ACCUMULATED FUND of .. .. 695,691 3. An incrtase in the ANNUAL INCCME ol .. .. 94,050 4. An incnasc iv the amount of ANNUAL CASH BONUS of .. 26,440 5. A net gain in Irsiness in fcrce of COl3 poHcif 6 r.f suiirg.. . . 2,102,088 Daring the year 15,288 NEW POLICIES were issued.Jbdng the LARGEST NUMBER yet written by the Society Id any one year. The NEW ASSURANCES issued amounted to £3,955,685, a sum IN EXCESS of that granted in any year since 1891. The TOTAL ASSURANCES in force (including Bonus additions) now amountlto £54,343.821. The NET INCREASE to Ihe 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 SURPLUS for the year amounts to £506,182, yielding REVERSIONARY BONUSES of about £942,500. The DEATH CLAIMS for the year were exceptionally favourable, "while the EXPENSES of MANAGEMENT were very moderate. 0 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. T^HE SAFEST, BRIGHTEST, Cleanest and Cheapest of any Light known. For full particulars apply to W. BULLARD, Bull?, I Sole Agent for the District. P.8.— W.8. will visit all the small towns shortly, and exhibit the light. J. GRACE & CO. Tl&e Square, PALMERBTON NORTH. Sole Agents, | WASHERS. J A Boon for Mothers. l Harrison's Knitting Machines Sewing Machines Pearson and Bennion's Saddling Machines Mangles and Wringers, Knife Cleaners 20?, 80s, 85s Piano?, Organs, Violins, Banjo?, Mandolin?. Accordions, Concertina?, English and German Moutb Organ?, Flute?, Whistles Sheet Music. Brass Instruments, all makes. Call in and Inspect.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/MH19000818.2.2.4
Bibliographic details
Ngā taipitopito pukapuka
Manawatu Herald, 18 August 1900, Page 1
Word count
Tapeke kupu
335Page 1 Advertisements Column 4 Manawatu Herald, 18 August 1900, Page 1
Using this item
Te whakamahi i tēnei tūemi
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.