AUSTRALIAN MUTUAL PROVIDENT SOCIETY Holds the World’s Record for Largest Bonuses. RESULTS TjK.KEJINr FROM THE fiftythird REPORT. ■O- - POLICIES-14 857 completed, assuring POLICIES IN FORCE 169.807, assuring Exclusive of Bonus Additions, amounting to .. ANNUAL INCOME FROM. PREMIUMS AND INTEREST is now .. 'IHE FUNDS OF THE SOCIETY now amount to ... DEATH AND MATURED CLAIMS paid since establishment £8.753,064 £49.366.565 £9,638,798 £2.432,482 £17,864,514 £12,340,602 CASH PROFIT—The amount of Profit available for Division amongst the Members af er making exceptional Reserves, is. .. . . •• . £538,725 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£ VALU \TiO '4—The standard* of. valuation more severe than those employed by any other Mutual Ofiße transotipg business in New Zealand EXISTING BUSINESS ON THE NEW ZEALAND - n BRANCH REGISTER, 28.196 policies assuring ... £7,709,283 INCREASE IN THE ACCUMULATED FUNDS (one year) ... ... INCREASE IN ANNUAL iNCOME (one year) INCREASE IN C\SH BONUS for Triennium against previous Triennium ... NET GAIN IN BUSINESS IN FORCE. 7753 Policies, assuring ... ... ... ••• . -r INTEREST RECEIPTS excetdtd amount paid in DEATH CLAIMS by £884.668 £87.659 £229,900 £1,659,800 £113,761 DIRECTORS OF THE NEW ZEALAND BRANCH The Hon. Morgan S. Grace, M.D., (J.M.0., M L.C , Chairman; The Hon. Cbar’es John Johnston, M.L.C., Deputy Chairman ; A. D© B. Brandon, Erq ; The Hon. E. Richardson, 0-M.G., John Duncan, Esq. EDWD. W. LOWE, Resident Secretary. New Zeabml Bmnch : Cns'.omlou (-quay, Wellington.
VX A'.VATU p A R IMAGE t FACTORY, Ilauguiicei-street, Palnnrston N. Vehicles’ of ever.' description on sale and bniit to order. All work gu rranteod. Wheels Tyred while you wait by the latest Improved Machinery in the world. PROPRIETOR. A. N GIBBONS Cordial Manufacturer. PALME RSTON KCRT U . ALL kinds of Cordial and Mineral Waters freshly made and delivered free. For prices and pavliculavs J.pply M AIN- ST HE ET, FOXTO M. Up to date Hairdressing A SPECIALTY." UNDERTAKER. BEG to notify ih->t my NEW IIE I <RBE is now completed, and can be obtained ’on very rra:-on‘-able terms Funerals conducted promptly and carefully. JOHN BETT : to B. SPELMAN, F\ stou. ERNEST BALL, ANDREW JONSON, Undertaker, Avenue Road Fox ten. Beatty’s Organs Write fot catalogue. Address Daniel F- Beatty, Washington, New
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Manawatu Herald, 4 October 1902, Page 1
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382Page 1 Advertisements Column 4 Manawatu Herald, 4 October 1902, Page 1
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