AUSTRALIAN MUTUAL PROVIDENT SOCIETY Holds the World’s Record for Largest" Bonuses. _ 3 RESULTS TAUKEM FROM TISE FIFTYTHIRD REPORT. .& 0NEW POIICIES-11, 857 completed, assuring POLICIES IN FORCE -169,307, assuring . Exclusiveof Bonus Additions, amounting to .. ANNUAL INCOME FROM PREMIUMS AND INTEREST is now .. THE FUNDS OF THE SOCIETY now amount to ... DEATH AND MATURED CLAIMS paid sines establishment ... £3.753,064 £49,366.565 £9,638,793 £2.432,482 £17,864,514 £12,340,602 dASH PROFIT—-The amount of Profit available for DL vision amongst the Members after making exceptional Reserves, is .. .. •• , £588,725 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 \TIOV—The standard-! of valuation'are mare severe lhan tho r ,e employed by any other .Mutual Offi-e tram-ding business in New Zealand EXISTING BUSINESS ON THE NEW ZEALAND BRANCH i-EGISTER, 28,198 policies assuring ... £7,709,282 INCREASE IN THE ACCUMULATED FUNDS (one year) ••• ••• •• £834 668 INCREASE IN ANNUAL NCOME (one ye*r) ... £87,659 INCREASE IN C\SH BONUS for Triennium against previous Triennium ... ... ... ... £229,900 NET GAIN IN BUSINESS IN FORGE. 7758 Policies, assuring ... ... ... ••• ••• £1,659,800 INTEREST RECEIPTS exceeded amount paid in DEATH CLAIMS by ... £113,761 DIRECTORS OF THE NEW ZEALAND BRANCH The Hon, Morgan S. Grace, M.D., C.M.G., M L.O , Chairman ; Tho Hon. Charles John Johnston, M.L.C., Deputy Chairman; A. Do B,Brandon, Esq.; The Hon. E. Richardson, G.M.G., John ' Duncan, Esq. EDWD. W. LOWE, Resident Secretary.
New Zealand Branch; Customhouse-quay, Wellington. JV| ANAWATu £AI FACTORY^ HMAGE ! Rangitikei-sfcreet, Palmerston N. Vehicles of every description on aale and built to order. All work guaranteed. Wheels Tyred while you wait by the latest Improved Machinery in the world. johnlbett, 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 to B. SPELMAN, Foxton. ERNEST BALL, HAIRDRESSER, &c. MAIN-STREET, FOXTON. Up to date Hairdressing A SPECIALTY. Walter Johnstone, BLACKSMITH AND COACHBUILDER. Main street, Foxton. ~ W, J. begs to inform the inhabitants of Foxton that he lias commenced as above in those premises lately occupied by John Spelman. W. J. also informs intending customers that good workmanship is guaranteed, as he has had over 18 years’ experience and thoroughly understands all work connected with the trade. Remedy feL.Jßeepless •‘i* v ,»? r •«. -L " ■■ .*.... ,1k ■. Jf i-k A' jl 8 J 4 ‘ „ BUY ONE OF Malcolm and Wilton’s CLEAN AND HEALTHY Kapoc Beds and Mattrasses. NOTE THE ADDRESS Malcolm & Wilton, THE CHEAPEST AND RELIABLE HOUSE FURNISHERS, PALMERSTON N. iL H. ARSON, BAKER. Avenue Road, Foxton. BEST quality of White and Brown Broad delivered daily. Also obtainable at Mrs Bradcock’s and Mr Spring’s, Dublin House. UNDERTAKER. T P>EG fo notify that ray NEW [ HE\RSS is now completed, and can be obtained on very reasonable h rail Funerals conducted promptly and carefully, ANDREW JON SON, Undertaker, Afenue Road Foxton.
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https://paperspast.natlib.govt.nz/newspapers/MH19030117.2.2.3
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Manawatu Herald, 17 January 1903, Page 1
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484Page 1 Advertisements Column 3 Manawatu Herald, 17 January 1903, Page 1
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