AUSTRALIAN MUTUAL PROVIDENT SOCIETY 2 3'W'C MAjl® Holds the World’s Record for Largest Bonuses. RESULTS TAKEN FStOIWE THE FIFTYTHCRX> REPORT. o NEW POLICIES—I4.BS7 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 Di-. vision amongst the Members after making exceptional Reserves, is .. , .. ••• # £688,726 An amount greater than that distributed by the Society in any previous year, aud over 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 those employed by any ether Mutual Office transeting business in New Zealand.. ■ ■ ■ EXISTING BUSINESS ON THE NEW ZEALAND BRANCH REGISTER, 28,196 policies assuring ... £7,709,282 £8,758,064 £49,866,565 £9,638,798 £2,432,482 £17,864,514 £12,340,602 INCREASE IN THE ACCUMULATED FUNDS (one year) ... ..... ... ... ... 1884,8 INCREASE IN ANNUAL INCOME (one year) ... £87.659 INCREASE IN CASH BONUS for Trienniom against v previous Trienniom ... , ... ... ... £229,900 NET GAIN IN BUSINESS IN FORGE, 7758 Policies, assuring ... ... ... ... £1,669,800 INTEREST RECEIPTS exceeded amount paid in DEATH (CLAIMS by £118,761 DIRECTORS OF THE NEW ZEALAND BRANCHThe Hon. Morgan S. Grace, M.D., 0.M.G., M.L.0., Chairman; The Hon. Charles John Johnston, M.L.0., 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.
TtT fUERIAGE 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, M AIN-ST R&ET, fOXT O N. THIS 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 from the wood. fcSHEhe Best Brands of Ales, Wines and Spirits only kept. GOOD STABLING. UNDERTAKER, T BEG to notify that my NEW 1 HEARSE is now completed, and can be obtained on very reason” able terms. v Funerals conducted promptly and carefully. ANDREW JONSON, Undertaker, Avenue Road Foxton. Beatty’s Organs t,\ he Write foi catalogue. Address Daniel P. Beatty, Washington, New ersey, FACTORY, JOHN BETT PROPRIETOR. Mva W. DARYIILL, PROPRIETRESS
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https://paperspast.natlib.govt.nz/newspapers/MH19020708.2.2.2
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Manawatu Herald, 8 July 1902, Page 1
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384Page 1 Advertisements Column 2 Manawatu Herald, 8 July 1902, Page 1
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