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AUSTRALIAN MUTUAL PROVIDENT SOCIETY Holds the World’s Record for Largest Bonuses. RESULTS TAKEN ' FROM THE FIFTY - THIRD REPORT. •0NEW P01101E5—14.857 completed, assuring ... £3,753,004 POLICIES IN FORCE-169,307, assuring .. ... . £49.366,565 ■ Exclusive of Bonus Additions, amounting to .. £9,638,798 ANNUAL INCOME FROM PREMIUMS AND INTER- ‘ EST is now .. ~ ••• ••• £2,432,482 THE FUNDS OP THE SOCIETY now amount to £17,664,514 DEATH AND MATURED CLAIMS paid since establishment ... ... .. •• , ••• . £12,340,602 CASH PROFIT— The amount of Profit available for DL . vision amongst the. Members after mating exceptional Reserves, is. .. .. *; •• . £538,725 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., ... .i •• .. £1,000,000 EXPENSES—The percentage of expenses to total receipts was, only 8$ VALUATION—The standards of valuation are mare severe than those employed by any other Mutual Office transetiug 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 year) ... £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 OP THE NEW ZEALAND BRA.NGH :-Tho 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.

ANAWATU pAEEIAGE FACTORY^ Raogitikei-strest, 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. JOHN BETT, PROPRIETOR. A. No GIBBONS. Cordial Manufacturer. PALMERSTON NORTH. jL kinds of Cordial and Mineral Waters freshly made and de■ed free. For prices and particulars apply to ■ ■ ERNEST BALL, UJS.IRI>».EISSE:}ES, <& cti MAIN-STREET, FOXTON; Up to date Hairdressing A SPECIALTY. UNDERTAKER. I BEG to notify that my NEW I HEARSE is now completed, and can bo obtained on very able terms. Funerals conducted promptly and carefully. ANDREW JONSON, Beatty’s Organs TX7—• AttlolnmiA. ArMvnca Tlti.Write foi catalogue. Address Daniel F. Beatty, Washington, New Jersey, ; B. SPELMAN, Foxton. Undertaker, Avenue Road Foxton.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/MH19020805.2.2.4

Bibliographic details
Ngā taipitopito pukapuka

Manawatu Herald, 5 August 1902, Page 1

Word count
Tapeke kupu
370

Page 1 Advertisements Column 4 Manawatu Herald, 5 August 1902, Page 1

Page 1 Advertisements Column 4 Manawatu Herald, 5 August 1902, Page 1

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