AUSTRALIAN MUTUAL PROVIDENT SOCIETY Holds the World’s Record for Largest Bonuses. RESULTS TJAKEKT FROM: THE FIFTYTHIRD REPORT. 0 NEW POLICIES—I4,BS7 completed, assuring ... £3,758,064 POLICIES IN FORCE-169,307, assuring ... £49,366,565 Exclusive of Bonus Additions, amounting to .. £9,638,798 ANNUAL INCOME FROM PREMIUMS AND INTER- - ESTisnow .. .. ... ••• £2,482,482 THE FUNDS OF THE SOCIETY now amount to ... £17,864,514 DEATH AND MATURED CLAIMS paid since establishment ... .. ~ .. ... £12,340,602 CASH PROFIT-—The amount of Profit available lor Dii vision amongst the Members after making exceptional Reserves, is .. .. .. :*■ . £588,725 An amount greater than that distributed by the Society in any previous year, and 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 VALUATION—The standards of valuation are more severe than those employed by any other Mutual Office transiting business in New Zealand. EXISTING BUSINESS ON THE NEW ZEALAND BRANCH REGISTER, 28,190 policies assuring - ... £7,709,232 INCREASE IN THE ACCUMULATED FUNDS (one year) ... ... ... ... £884,668 INCREASE IN ANNUAL INCOME (one year) ... £87,659 INCREASE IN CASH BONUS for Triennium against previous Trienniura ... ... ... ... , £229,900 NET GAIN IN BUSINESS IN FORCE, 7753 Policies, assuring ... ... ... ... ... £1,659,800 INTEREST RECEIPTS exceeded amount paid iu DEATH CLAIMS by .... £113,761 DIRECTORS OP THE NEW ZEALAND BRANCH-.—The Hon. Morgan S. Grace, M.D., C.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.
jyr ANAWATU Q AERIA GE FACTORY^ Eangitikei-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. JOH.NBETT, PROPRIETOR. A. N. GIBBONS. Cordial .Manuf ;cturcr. PALMERSTON NORTH. ALL kinds of Cordial and Mineral Waters freshly made and delivered free. For prices and particulars apply to B. SPELMAN, Fox ton. ERNEST BALL, HMRDRE B SER, &SC. MAIN-STREET, FOXTON. | Up to date Hairdressing | A specialty. UNDERTAKER. I BEG to notify that my NEW j HEARSE is now completed, and can be obtained on very reasqg“ able terms. Funerals conducted promptly and carefully. ANDREW JONSON, U ndertalcer, Avenue Road Fovton. Beatty’s Organs-1'!'; Write foi catalogue. Address Daniel F. Beatty, Washington, New Jersey,
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Manawatu Herald, 22 July 1902, Page 1
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368Page 1 Advertisements Column 4 Manawatu Herald, 22 July 1902, Page 1
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