AUSTRALIAN MUTUAL PROVIDENT SOCIETY Holds the World’s Record for Largest Bonuses. results taken from the fifty. THIRD REPORT. NEW POLICIES—I4.B67 completed, assuring ... £8.753,064 POLICIES IN FORCE-169,307, assuring .. ... £49,366,565 Exclusive of Bonus Additions, amounting to .. £9,638,798 ANNUAL INCOME FROM PREMIUMS AND INTEREST is now .. .. ... £2,482,482 THE FUNDS OF THE SOCIETY now amount to ... £17,864,614 DEATH AND MATURED CLAlMS'paid since establishmenfc ... .. .. . • ••• £12,340,602 CASH PROFIT—The amount of Profit available for Division 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 84J 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 B S | VALUATION—Tbe standards of valuation are more severe than those employed by any other Mutual Office transcting business in New Zealand. EXJSTIN G BUSINESS ON THE NEW ZEALAND - BRA-NGH REGISTER, 28,196. policies assuring ... 7 £7,709,282 INCREASE IN THE ACCUMULATED FUNDS (one year) ... .., ... ... £884,668 INCREASE IN. ANNUAL INCOME (one year) ... £87,659 INCREASE IN CASH fov. Trienoium against previous Trienniura ... ... ... »..■ v .. £229,900 NET GAIN IN BUSINESS IN FORCE, 7758 Policies, assuring ... , ... ... ... ... £1,669,800 INTEREST RECEIPTS exceeded amount paid in DEATH CLAIMS by ... ... ... . £118.761 ' _ .. / * DIRECTORS OF 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: Cnstomhourc-quay, Wellington.
|uT ANAWATIJ QAERIAGE FACTORY^ BangitikeLstreet, 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. N, GIBBONS. Cordial Manufacturer. PALMERSTON NORTH. ALT; kinds of Cordial and Mineral Waters freshly made and de* livered free. For prices and particulars apply t 0 B. SPELMAN, Foxton. ERNEST BALL, HAIRDRESSER, Sots. 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 terras. Funerals conducted promptly and carefully. ANDREW JONSON, Undertaker, Avenue Road Foxton. Beatty’s Organs t.!* Write foi catalogue. Address Da* niel P. Beatty, Washington, New Jersey.
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https://paperspast.natlib.govt.nz/newspapers/MH19020821.2.2.2
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Manawatu Herald, 21 August 1902, Page 1
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366Page 1 Advertisements Column 2 Manawatu Herald, 21 August 1902, Page 1
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