AUSTRALIAN MUTUAL ' PEOYIDENT SOCIETY Holds the World’s Record for Lar gest Bonuses. RESULTS TAKEN IP'ROBT TIME FIFTYTHIRD REPORT. •oNEW POLICIES-14 857 completed, assuring ... £8,753,004 POLICIES IN FORCE-109,307, assuring ... £49,300,565 Exclusive of Bonus Additions, amounting to .. £9,038,798 ANNUAL INCOME FROM PREMIUMS AND INTEREST is now .. .. ... ••• £2,482,482 THE FUNDS OF TEE SOCIETY now amount to ... £17,864,514 DEATH / I .ND MATURED CLAIMS paid since estab- . lishment ... .. .. .. ••• £12,340,602 GASH PROFIT—Tim amount of Profit available for DL vision amongst the Members after making exceptional Reserves, is .. .. .. £585,725 An amount greater than that distributed by the Society in any previous year, and over 34| 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 84VALUATION —The standards of valuation are more severe than those employed by any other Mutual Office transcting business in New Zealand. EXISTING BUSINESS ON THE NEW ZEALAND * BRANCH REGISTER, 28,198 policies assuring ... £7,709,232 INCREASE IN THE ACCUMULATED FUNDS (one year) ... ... ... ■ ££i4,B INCREASE IN ANNUAL INCOME (one year) ... £87,659 INCREASE IN CASH BONUS for v Tdennium against previous Triennium ... ... ... ... £229,900 NET GAIN IN BUSINESS IN FORCE, 7758 Policies, assuring ... ... ... ... ... £1,059,800 INTEREST RECEILTS exceeded amount paid ia DEATH CLAIMS by ... £118,761 DIRECTORS OP-THE NEW Z EALAND BRANCH The Hon. Morgan S. Grace, M.D., G.M.G., M.L.G., Chairman; The Hon. Charles John Johnston, M.L.0., Deputy Chairman ; A. Do B.Brandon, Esq.; The Hon. E. Richardson, C.M.G., John Duncan, Esq. • EDWD. W. LOWE, Resident Secretary. New Zealand Brrnch : Customhouse-quay, Wellington.
ANAWATU QARRIAGE FACTORY, Eaugitikei-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. HIS Hotel is very central, being opposite the Post and Telegraph Office. Good accommodation for boarders and the travelling public. * Speight’s Dunedin Ale . always on draught £f”The Best Brands of Ales, Wines and Spirits only kept. GOOD STABLING. Uffljes "SfF. 13 2/k K. IFpL ILj 3L<j UNDERTAKER. . I BEG to notify that my NEW , | HEARSE is 'now completed, I and can be obtained on very reason*’ I able terms. Funerals conducted promptly and ! carefully. ANDREW JONSON, Dndertaker, Avenue Road Fox ton. Beatty’s Organs t!! 1 . 6 I Write foi. catalogue. Address Daj niel F. Beatty, Washington, Few JOHN BETT, PEOPEXETOE. from the wood. PROPEIBTBESS
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Manawatu Herald, 26 June 1902, Page 1
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390Page 1 Advertisements Column 4 Manawatu Herald, 26 June 1902, Page 1
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