AUSTRALIAN MUTUAL PROVIDENT SOCIETY Holds the World’s Record for Largest Bonuses. RESULTS TAKEN F.ROM THE FIFTYTHIRD REPORT. 0NEW POLICIES—I 4 857 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 estabHshment ... .. ... .. CASH PROFIT—The amount of Profit available for Di> vision amongst the Members after mailing exceptional Reserves, is .. ... .. .. £538,725 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 81VALUATION—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, 28,196 policies assuring ... £7,709,282 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 ... £113,761 DIRECTORS OF THE NEW ZEALAND BRANCH The 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. £3.753,064 £49,360.565 £9,638,798 £2,482,482 £17,864,514 £12,340,002 EDWD. W. LOWE, Resident Secretary. New Zealand Branch: Customhouse-quay, Wellington.
|uf ANAWATD QAERIAGE iVI 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. JOHNBETT, PROPRIETOR. A. N* GIBBONS. Cordial Manufacturer. PALMERSTON NORTH. ALL kinds of Cordial and Mineral Waters freshly made and delivered free. For prices and particulars apply to B. SPELMAN, Foxton. ERNEST BALL, HAIRDRESSER, &o. 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 termsFunerals conducted promptly and carefully. ANDREW JONSON, "Undertaker, Avenue Road Foxton. Beatty’s Organs 4 ! 1 -' Write foi catalogue. Address Daniel F. Beatty, Washington, New Jersey.
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Manawatu Herald, 7 August 1902, Page 1
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366Page 1 Advertisements Column 4 Manawatu Herald, 7 August 1902, Page 1
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