AUSTRALIAN MUTUAL PROVIDENT SOCIETY Holdsfthe World’s Record for Largest" Bonuses. results taken from the fifty THIRD REPORT. •0NEW POIIOIES-—14.857 completed, assuring POLICIES IN FORCE- 169.807, assuring Exclusive of Bonus Additions, amounting to .. ANNUAL INCOME FROM PREMIUMS AND INTEREST is now .. 'HE FUNDS OF THE SOCIETY now amount to ... DEATH AND MATURED CLAIMS paid since establishment ... .. .. .. . £3.753,004 £49.366.566 £9,638,798 £2,482,482 £17,864,514 £12,340,602 CASH PROFIT—The amount of Profit available for Division 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 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 \TION—The standards of valuation are more severe than those employed by any other Mutual Office transcting business in New Zealand. EXISTING BUSINESS ON THE NEW ZEALAND BRANCH REGISTER, 28,196 policies assuring ... £7,709.282 INCREASE IN THE ACCUMULATED FUNDS (one year) ... ... ... ... £834.668 INCREASE IN’ ANNUAL INCOME (one yen') ... £87.659 INCREASE IN CASH BONUS for Tnennium against previous Triennium ... ... ... ... £229,900 NET GAIN IN BUSINESS IN FORCE, 7753 Policies, assuring ... ... ... ... £1^559,800 INTEREST .RECEIPTS exceeded amount paid in DEATH CLAIMS by ... £113,761 DIRECTORS OF THE NEW ZEALAND BRANCH The Hou. Morgan S. Grace, M.D., 0.M.G., M L.C , Chairman; The Hon. Charles John Johnston, M.L.C., Deputy Chairman ; A. De B.Brandon, Esq.; The Hon. E. Richardson, C.M.G., John Duncan, Esq. EDWD. W. LOWE, Resident Secretary. New Zealand Branch: Customhouse-quay, Wellington. Jl| ANAWATU QAERIAGE FACTORY/ Raugitikei-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. johnbett, 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, dco. MAIN-STREET, FOXTON. Up to date Hairdressing A SPECIALTY. Walter Johnstone, BLACKSMITH AND COACHBUILDER. Main street, Foxton. W. J. begs to inform the inhabitant* of Foxton that be baa 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 for Bleepless Nights BUY ONE OF Malcolm and Wilton’s (LEAN AND HEALTHY Kapoc Beds and Matt passes. HOTS THE ADDKESSlalcolm & Wilton, THE CHEAPEST AND RELIABLE HOUSE FURNISHERS, PALMERSTON N. A. H. ARSON, BAKER. Avenue Road, Foxton. BEST quality of White and Brown Bread delivered daily. Also obtainable at Mrs Bradcock’s and Mr Spring’s, Dublin House. UNDERTAKER. Y BEG 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, Avenue Road Foxton,
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/MH19030129.2.2.2
Bibliographic details
Ngā taipitopito pukapuka
Manawatu Herald, 29 January 1903, Page 1
Word count
Tapeke kupu
465Page 1 Advertisements Column 2 Manawatu Herald, 29 January 1903, Page 1
Using this item
Te whakamahi i tēnei tūemi
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.