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AUSTRALIAN MUTUAL PROVIDENT SOCIETY’ . ■ 'I Holds the World’s Record for Largest Bonuses. RESULTS TJOOSItf FROM THEE FIFTYTHIRD REPORT. 0 NEW POLICIES—I4,BS7 completed, assuring ... £3,758,064 POLICIES IN FORCE -169,807, assuring .. ... £49.366,565 Exclusive of Bonus Additions, amounting to .. £9,638,798 ANNUAL INCOME FROM PREMIUMS AND INTEREST is now .. .. ... ■ THE FUNDS OP THE SOCIETY now amount to ... £17,864,514 DEATH AND MATURED CLAIMS paid since estab- _ lishment ... •• r* •• ••• £12,340,60-. CASH PROFIT—The amount of Profit available for Di> vision amongst the Members after making exceptional Reserves, is .. . • • ; •• £588,726 An amount greater than that distributed by the Society m any previous year, and oyer 34£ 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 tvansoting 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 ’ yearV ...' ' ... •.. ... £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, 7758 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., G.M.G., 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 , QAERIAGE FACTORY, Rangitikei-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. JOHN BETT, PROPRIETOR. A. E GIBBONS Cordial Manufacturer. PALMERSTON NORTH. ALL binds of Cordial and Mineral Waters freshly made and delivered free. For prices and particulars apply ERNEST BALL, HaiBDKBSSER, Soo. 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 reason" able terras Funerals conducted promptly and carefully. ANDREW JONSON, Undertaker, Avenue Road Foxton. Beatty’s Organs t‘I 1 . 6 Write foi catalogue. Address Daniel F. Beatty, Washington, New Jersey. to B. SPELMAN, Foxton.

Remedy for Sleepless! Nights. I ONE OF Malcolm and Wilton’s CLEAN AND HEALTHY Kapoc Beds and Matt passes. NOTE THE ADDRESSMalcolm & Wilton, THE CHEAPEST AND RELIABLE HOUSE FURNISHERS, PALMERSTON N. PALMERSTON STEAM COOPERAGE BOX FACTORY, Main-street, Palmerston North. Tallow Casks Butter Boxes Scalding Tuba Brewer's Yata Brewer's Kegs and Casks On hand andjto order at lowest rates, FRUIT OASES, etc. WILLIAM COOK, Proprietor. BUY AND

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/MH19020823.2.2.3

Bibliographic details
Ngā taipitopito pukapuka

Manawatu Herald, 23 August 1902, Page 1

Word count
Tapeke kupu
433

Page 1 Advertisements Column 3 Manawatu Herald, 23 August 1902, Page 1

Page 1 Advertisements Column 3 Manawatu Herald, 23 August 1902, Page 1

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