AUSTRALIAN MUTUAL PROVIDENT SOCIETY Holds the World’s Record for Largest Bonuses. RESULTS TAKEN FROM THE FIFTYTHIRD REPORT. 0 NEW POLICIES-]4.857 completed, assuring ... £8.758,064 POLICIES IN FORCE • 169,307, a swing £49,366.565 Exclusive of Bonus Additions, amounting to .. £9,638,798 ANNUAL INCOME FEOM PREMIUMS AND INTERESTisnow .. .. ... £2,482,482 THE FUNDS OF THE SOCIETY now amount to ... £17,864,514 DEATH MATURED CLAIMS paid since establishment ... .. .. .. ... £12,340,602 CASH PROFIT—The amount of Profit available for DL vision amongst tho Members after making exceptional Reserves, is .. .. .. .. ... £638,725 An amount greater than that distributed by tbe Society in any previous year, and over 84£ per cent, of the Premiums received daring the year. IT WILL PROVIDE REVERSIONARY BONUSES, amounting to.. ... .. .. .. £1,000,000 EXPENSES—The percentage of expenses to total receipts wa« only VALUaTIO V—The standards of valuation are more severe than those employed by any other Mutual Office transetiog business in New Zealand EXISTING BUSINESS ON THE NEW ZEALAND' BRANCH REGISTER, 28,196 policips assuring ... £7,709,232 INCREASE IN THE ACCUMULATED FUNDS (one year) ... £834..668 INCREASE IN ANNUAL INCOME (one year) ... £87.659 INCREASE IN CASH BONUS for Trienniam against previous Triennium ... ... ... ... £229.900 NET GAIN IN BUSINESS IN FORCE. 7763 Policies, assuring ... ... ... ... ... £1,659,800 INTEREST RECEIPTS exceeded amount paid in DEATH CLAIMS by £113,761 DIRECTORS OF THE NEW ZEALAND BRANCH :-The Hon. Morgan S. Grace, M.D., 0.M.G., ML.O., Chairman; The Hon. Charles John Johnston, M.L.0., Deputy Chairman ; A. De B. Brandon, Esq.; The Hon. B. Richardson, 0.M.G., John Duncan, Esq. EDWD. W. LOWE, Resident Secretary. New Zealand Branch: Customhouse-quay, Wellington.
M ANAWATU C AEEIAGE FACTORY, Rangitikei-street, Palmerston N. Vehicles of every description on sale and built to order. All work guaranteed. Wheels Tyred while you wait by the latest Improved Machinery in the world. Post Office Hotel, MAIN-STREET, FOXTON. BIS Hotel is very central, being opposite the Post and Telegraph Office. Good accommodation for hoarders and the travelling public. Speight’s Dunedin Ale always on draught from the wood. Best Brands of Ales, Wines and Spirits only kept. GOOD STABLING. Mm W. DAR^inL, T BEG to notify that my NEW [ HEARSE is now completed, and can be obtained on very reasonable terms. Funerals conducted promptly and carefully. ANDREW JONSON, T'nder taker, Avenue Road Eoxton. Beatty’s Organs Write foi catalogue. Address Daniel F. Beatry, Washington, New rsey. JOHN BETT, PROPRIETOR. PROPRIETRESS UNDERTAKER
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/MH19020607.2.2.4
Bibliographic details
Ngā taipitopito pukapuka
Manawatu Herald, 7 June 1902, Page 1
Word count
Tapeke kupu
374Page 1 Advertisements Column 4 Manawatu Herald, 7 June 1902, 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.