AUSTRALIAN MUTUAL PROVIDENT SOCIETY Holds the World’s Record for Largest Bonuses. RESULTS TAKEN FROM THE FIFTYTHIRD REPORT. •0NBW POLICIES—-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 establiahmenfi ... £8,753,064 £49,366,565 £9,638,798 £2,482,482 £17,864,514 £12,340,602 CASH PROFIT—-The amount of Profit available for Dl*. vision amongst the Members after making exceptional Reserves, is .. .. .. •• . An amount greater than that distributed by the Society in any previous year, and over 84£ 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 8J VALUATION —The standards of valuation are more severe than those employed by any other Mutual Office tranacting business in New Zealand. EXISTING BUSINESS ON THE NEW ZEALAND BRANCH REGISTER. 28,196 policies assuring INCREASE IN THE ACCUMULATED FUNDS (one year) INCREASE IN ANNUAL INCOME (one year) INCREASE IN CASH BONUS for Triennium against previous Triennium ... NET GAIN IN BUSINESS IN F0RCE,.7758 Policies, assuring INTEREST RECEIPTS exceeded amount paid in DEATH CLAIMS by DIRECTORS OF THE NEW ZEALAND BRANCH The Hon. Morgan S. Grace, M.D., 0.M.G., Chairman; The Hon, Charles John Johnston, M.L.0., Deputy Chairman ; A. De B.Brandon, Esq.; The Hon. E. Richardson, C.M.G., John Duncan, Esq. s/./ua.zßa £884,668 £87,659 £229,900 £1,669.800 £118,761 EDWD. W. LOWE, Resident Secretary. New Zealand Branch; Customhouse-quay, Wellington.
JLf ANAWATU QAEEIAGE FACTORY^ Raugitikei-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. A. N. GIBBONS. Cordial Manufacturer. PALMERSTON NORTH. A LL kinds of Cordial and Mineral Waters freshly made and delivered free. For prices and particulars apply t 0 B. SPELMAN, Foxton. ERNEST BALL, HiUiIDRBSSER, &C. MAIN-STREET, FOXTON. Up to date Hairdressing A SPECIALTY. UNDERTAKER. I 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, Undertaker, Avenue Road Foxton. Beatty’s Organs Write foi catalogue. Address Daniel F. Beatty, Washington, New Jersey,
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https://paperspast.natlib.govt.nz/newspapers/MH19020731.2.2.4
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Manawatu Herald, 31 July 1902, Page 1
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361Page 1 Advertisements Column 4 Manawatu Herald, 31 July 1902, Page 1
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