AUSTRALIAN MUTUAL PROVIDENT SOCIETY Holds the World s Record for Lar gest Bonuses. RESULfS TJS-KEWT FUOM THE FIFTYTHIRD REPORT. ■ 0 NEW P01101E5—14.857 completed, assuring POLICIES IN FORCE - 169.307. assuring Exclusive of Bonus Additions, amounting to .. ANNUAL INCOME FROM PREMIUMS AND INTEREST is now THE FUNDS OF THE SOCIETY now amount to ... DEATH AND MATURED CLAIMS paid since establishment ... .. .. CASH PROFIT—The amount of Profit available for DN vision amongst the Members after making exceptional Reserves, is ~ .. .. .. ••• £688,725 An amount greater than that distributed by the Society in any previous year, and over 84J per cent, of the Premiums received during the year. IT WILL PROVIDE REVERSIONARY BONUSES, amounting to.. ' ... •• -- •• £1,000,000 EXPENSES —The percentage of expenses to total receipts was only 8£ VALUATION—The standards of valuation are more severe than hose employed by any other Mutual Office transcting business in New Zealand. EXISTING BUSINESS ON THE NEW ZEALAND BRANCH REGISTER, 28,196 policies assuring ... £7,709,232 INCREASE IN THE ACCUMULATED FUNDS (one year) ... ... ... .. ... £884,668 INCREASE IN ANNUAL INCOME (one yexr) ... £87,659 INCREASE IN CASH BONUS for Triennium against previous Triennium ... ... ... ... £229,900 NET GAIN IN BUSINESS IN FORCE, 7753 Policies, assuring ... ... ... ... ... £1,659,800 INTEREST RECEIPTS exceeded amount paid in DEATH CLAIMS by ... £118,761 DIRECTORS OF THE NEW Z SAL AND BRANCH :-Tha Hon. Morgan S. Grace, M.D., 0.M.G., M.L.0., Chairman; The Hon. Charles John Johnston, M.L.C., Deputy Chairman ; A. De B.Brandon, Esq.; The Hon. E. Richardson, 0.M.G., John Duncan, Esq. EDWD. W. LOWE, Resident Secretary. NeW Zealand Branch: Customhouse-quay, Wellington. £3,758,064 £49,366,565 £9,638,798 £2,432,482 £17,864,514 £12,340,602
1/T ANAWATU factory; c AERIAGE 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. JOHNBETT, PROPRIETOR. Post Office Hotel, MAIN-STREET, FOXTON. THIS Hotel is v»ry central, being opposite the Post and Telegraph Office. Good accommodation for boarders and the travelling public. Speight’s Dunedin Ale always on draught from the wood. &SrTh» Best Brands of Ales, Wines and Spirits only kept. GOOD STABLING. Mvs W. DARVjILL, PROPRIETRESS UNDERTAKER. T BEG to notify that my NEW | HEARSE is now completed, and can be obtained on very reason" able terms. Funerals conducted promptly and carefully. ANDREW JONSON, "C nder taker, Avenue Road Foxton. Beatty’s Organs t, 1 !'? Write fot catalogue. Address Daniel P. Beatty, Washington, New Jereay.
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Manawatu Herald, 10 June 1902, Page 1
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384Page 1 Advertisements Column 4 Manawatu Herald, 10 June 1902, Page 1
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