AUSTRALIAN MUTUAL PROVIDENT SOCIETY xu,e.c 6 Holds the World’s Record for Largest Bonuses. RESULTS TAKEN FROM THE FIFTY. THIRD REPORT. ’ — 0 NEW POLICIES— I4,B67 completed, assuring ... £8.768,064 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 .. .. ... ... ... £2.482,482 THE FUNDS OP THE SOCIETY now amount to £17,864,514 DEATH AND MATURED CLAIMS paid since estab* lishment .... .. .. .. ... £12,340,602 CASH PROFIT—The amount of Profit available for, Di-* vision amongst the Members after making exceptional Reserves, is ~ .. . . .. . An amount greater than that distributed by the Society in any previous year, and over 84f per cent, of the Premiums received during the year. IT WILL PROVIDE REVERSIONARS 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 transoting business ip New Zealand EXISTING BUSINESS ON THE NEW ZEALAND BRANCH REGISTER, 28,196 policies assuring ... £7,709.282 _ f INCREASE IN THE ACCUMULATED FUNDS (one year) ~ ... •» ... £834,668 INCREASE IN ANNUAL INCOME (one year) ... £87,659' INCREASE IN CASH BONUS for Triennium against previous Trienninra ... ... ... ... £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 OF T r TR NEW ZEALAND BRANCH The Hon. Morgan S. Grace, M.TX, 0.M.G., M L. 0., Chairman | The Hon, Charles John Johnston, M.L.C., Doputy Chairman ; A. De B. Brandon, Esq.; The Hon, E, Richardson, 0.M.G., John Duncan, Esq. EDWD. W. LOWE, Resident Secretary. New Zealand Branch: Crstomlouse-quay, Wellington.
ANAWATU QABEIAGE 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, johtTbett, PROPRIETOR. A. N, GIBBONS Cordial Manufacturer. Palmerston north. ALL kinds of Cordial and Mineral Waters freshly made and de* livered free. For prices and particulars apply ERNEST BALL, HAIRDRESSER, &o. MAIN-STREET, FOXTON. Up to date Hairdressing A SPEOTALTY UNDERTAKER. BEG to notify that my NEW HE vRSR is now completed, . and can be obtained on very reasonI able terms. I Funerals conducted promptly and I carefully. to B. SPELMAN, Foxton. ANDREW JONSON, I' ndcrtaber, Avenue Road Foxton. .Beatty’s Organsts!!'" | Write foi catalogue. Address Da I niel F. Beatiy, Washington, New
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Manawatu Herald, 28 August 1902, Page 1
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378Page 1 Advertisements Column 2 Manawatu Herald, 28 August 1902, Page 1
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