AUSTRALIAN MUTUAL PROVIDENT SOCIETY Holds the World’s Record for Largest Bonuses, RESULTS TAKEN FROST THE FIFTY. t THIRD REPORT. —oNEW POLICIES—M 867 completed, assuring ... £8,758,064 POLICIES IN FORCE 109,307. assuring . ... JC49.366.566 Exclusive of Bonus Additions, amounting to ~ JC9,638,798 ANNUAL INCOME FROM PREMIUMS AND INTEREBT is now .. .. ... £2,482,482 'IHE 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 Di-. vision amongst the Members after mating exceptional Reserves, is .. ~ .. .. ... £538,725 An amount greater than that distributed by the Society in any prev ous year, and over 344 per cent, of the Premiums received during the year. IT WILL PROVIDE REVERSIONARY BONUSES, amounting to.. ... .. *. .. £1,000,000 i EXPENSES—Tbe percentage of expenses to total receipts was only 8£ ! VALU\TIO s r —The standards of valuation are more severe than those employed by any other Mutual Office transotiog business in Now Zealand - EXISTING BUSINESS ON THE NEW ZEALAND * BRANCH REGISTER, 28,196 policies assuring ... £7,709.232 INCREASE IN THE ACCUMULATED FUNDS (one year) ... ... ... .. .. v £884.668 INCREASE IN ANNUAL INCOME (one ye»r) ... £87,659 INCREASE IN C\SH BONUS for Triennium against previous Trienniura ... ... ... ... £229,900 NET GAIN IN BUSINESS IN FORCE, 7763 Policies, assuring ... ... ... ... ... £1,669,800 INTEREST RECEIPTS escmdtd amount paid in DEATH CLAIMS by £118,761 DIRECTORS OF THE NEW ZEALAND BRANCHThe Hon. Morgan S. Grace, M.D., 0.M.G., M L.O , Chairman; The Hon. Chares John Jobnston, M.L.0., Deputy Chairman ; A. De B. Brandon, Esq.; The lion. E, Richardson, 0.M.G., John Duncan, Esq. EDWD. W. LOWE, Resident Secretary. New Zealcnl Blanch: CTstomhou c-quny, Wellington.
OANAWATU ARM AGE FACTORY^ Rang! tikei-street, Palan-rston N. Vehicles of every description on sale and built to order. All work gm ran teed. Wheels Tyred while you wait by the latest Improved Machinery in the world. johiTbett, 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 t 0 B. SPELMAN, Foxton. ERNEST BALL, UiIIMUrjESSISK?, «eo. MAIN-STREET, FOXTON. Up to date Hairdressing A SPECIALTYUNDERTAKER. T 8F.6 to notify that, my NEW ■| HEARSE is now completed, and can be obtained on very able terms Funerals conducted promptly and carefully. ANDREW JONSON, Undertaker. Avennn Road Foxton, Beatty’s Organs Write foi catalogue. Address Daniel F. Beatty, Washington, New Jersey,
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Manawatu Herald, 2 October 1902, Page 1
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376Page 1 Advertisements Column 4 Manawatu Herald, 2 October 1902, Page 1
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