AUSTRALIAN MUTUAL PROVIDENT SOCIETY Holds the World’s Record for Largest Bonuses. RESULTS TAKEN FROM THE FIFTYTHffiD REPORT. o NEW POLICIES-—l 4 857 completed, assuring ... £3.758,064 POLICIES IN FORCE - 169,307, assuring .. ... £49.866,565 Exclusive of Eon us Additions, amounting to .. £9,638,798 ANNUAL INCOME FROM PREMIUMS ANDHNTEREST ifl now £2,432,482 THE FUNDS OP 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 malting exceptional Reserves, is .; .. .. -< ••• £538,725 An amount greater than that distributed4)y the Society in any previous year, and over 84£ per cent, of the Premiums received daring 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 transcling business in New Zealand. EXISTING BUSINESS ON THE NEW ZEALAND BRANCH REGISTER, 28,196 policies assuring ... £7.709,232 INCREASE IN THE ACCUMULATED FUNDS (one year) ... ... ••• •• INCREASE IN ANNUAL INCOME (one year) INCREASE IN CASH BONUS for Triennium against previous Tnennium ... NET GAIN IN BUSINESS IN FORCE, 7758 Policies, assuring INTEREST RECEIPTS- exceeded amount paid in DEATH CLAIMS by £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.0., M.L.0., 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: 'Cus'omhouse-quay, Wellington.
jyf ANAWATU pARRIAGB 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. johnTbett, - PROPRIETOR. A, N, GIBBONS Cordial Manufacturer. PALMERSTON NORTH. ALL kinds of Cordial ami Mineral Watera freshly made and delivered free. For prices and particulars apply to B. SPELMAN, Foston. ERNEST BALL, KAXR'IHBHBSSiESXfi, &c. MAIN-STREET, FOXTON. Up to date Hairdressing A SPECIALTY. UNDERTAKER. T BEG to notify that my NEW 1 HEARSE is now completed, and can be obtained on very reasonable terms Funerals conducted promptly and carefully. ‘ ANDREW JONSON, C ndertaker, Avenue Road Foxton. Beatty’s OrgansWrite foi catalogue. Address Daniel F. Beatty, Washington, New Jersey.
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Manawatu Herald, 9 October 1902, Page 1
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366Page 1 Advertisements Column 4 Manawatu Herald, 9 October 1902, Page 1
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