AUSTRALIAN MUTUAL PROVIDENT SOCIETY Holds the World’s Record for Largest Bonuses. RESULTS TAKEN FROM THE WHWTTtTHIRD REPORT. NEW POLICIES—I4.BS7 completed, assuring ... £8.763,064 POLICIES IN FORCE-169.807, assuring £49,366.686 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 ... £17,864,514 DEATH AND MATURED CLAIMS paid since establishment ... .. .. .. £12,340,602 CASH PROFIT—The amount of Profit available for DL vision amongst the Members after making exceptional Reserves, is ~ .. ~ .. . £538,726 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.. ... .. .. .. £1,000,000 EXPENSES—The percentage of expenses to total receipts was only 8£ VALUATION—The standards of valuation are more severe than those employed by any other Mutual Office transcting business iq New £7,709.233 £834.668 £87.659 £229,900 £1,659,800 £113.761 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.C., Deputy Chairman; A. De B.Brandon, Esq.; The Hon. E. Richardson, 0.M.G., John Duncan, Esq. EXISTING BUSINESS ON THE NEW ZEALAND BRANCH REGISTER, 28,196 policies assuring ... INCREASE IN THE ACCUMULATED FUNDS (one year) INCREASE IN ANNUAL iNCOME (one year) INCREASE IN OtSH BONUS for Trienniura against previous Tiiennium ... NET GAIN IN BUSINESS IN FORCE, 7758 Policies, assuring INTEREST RECEIPTS exceeded amount paid ia DEATH CLAIMS by EDWD. W. LOWE, Resident Secretary. New Zealand B;anch; Customhouse-quay, Wellington.
ANAWATU QABIUAOE FACTORY, Rangitikei-street, Palmerston N. Vehicles of ever? description on sale and. built to order. All work guaranteed. Wheels Tyred while you wait by the latest Improved Machinery in the world. PROPRIETOR. A. N> GIBBONS Cordial Manufacturer. PALMERSTON NORTH. A LL kinds of Cordial and Mineral Waters freshly made and delivered free. For prices and particulars apply ERNEST BALL, HAIRDRESSER, &o. MAIN-STREET, FOXTON. Up to date Hairdressing A SPECIALTY. UNDERTAKER. I BEG to notify that my NEW HE\RSE is now completed, and can be obtained on very reasonable terms Funerals conducted promptly and carefully. ' ANDREW JONSON, Beatty’s Organs t. 1 ! 1 : Write ioi catalogue. Address Daniel P. Beatty, Washington, Now Jersey. JOHN BETT to B. SPELMAN, Foxton. Fndertaker, Avenue Road Foxton.
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https://paperspast.natlib.govt.nz/newspapers/MH19020902.2.2.2
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Manawatu Herald, 2 September 1902, Page 1
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364Page 1 Advertisements Column 2 Manawatu Herald, 2 September 1902, Page 1
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