AUSTRALIAN MUTUAL PROVIDENT SOCIETY Holds the World’s Record for Lar* gest Bonuses. EtESVLTB TAKEN FROM THE THIRD REPORT. •0NEW POLICIES—I4.BS7 completed, assuring POLICIES IN FORCE - 169,307, assuring „ Exclusive of 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 since establishment £9.753.064 £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 Membe rs after making exceptional Reserves, is .. .. .. •• £588,725 An amount greater than that distributed by the Society in any previous year, and over 34| 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 _ V. a LU \TION—TIh : standards of valuation are more severe than tho'e employed by ony other Mutual OUme transetmg business in New Z »'i land, EXISTING BUSINESS ON THE NEW ZEALAND BRANCH REGISTER, 28,196 polities assuring ... £7,709,282 INCREASE IN THE ACCUMULATED FUNDS (one year) INCREASE IN ANNUAL iNCOMK (one year) ' ... INCREASE IN CASH BONUS for Trienniura against previous Triennium ... NET GAIN IN BUSINESS IN FORCE, 7758 Policies, assarlng INTEREST RECEIPTS oxeerded amount paid la DEATH CLAIMS by £884.668 £87.659 £229,900 £1,659,800 £113,7011 DIRECTORS OF THE NEW ZEALAND BRANCH :-The Hon. Morgan S. Grace, M.D., C.M.0., M L.O . Chairman; The Hon. Charles ivjhn--Minston, M.L.G., Deputy Chainuan; A. De “ ; Duncan, Esq. EDWD. W. LOWE, Resident Secretary. New Zealand Branch; Customhouse-quay, Wellington.
ANAWATU QAEIIIAGE FACTORY^ Raugitikei-street, Palonrston N. Vehicles of every description on lale end built to order. All* work guaranteed. Wheels Tyred while you wait by the latest Improved Macliinery in the world. JOHN BETT, 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 C. DAHIij IMPORTER & MANUFACTURER Palmerston North, In stock nnd made to order - ' ENTS, Tarpaulins, Rick and Waggon Cover?, Wate; proof Sheets, Horse and Cow Govern, Oilskin Clothing, Ropes, Twines. Any of the above lines, which are excellent value, can be obtained either through yonr storekeeper or direct from the Manufacturing; Depot, Palmerston North. B. SPELMAN, Fosion
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Manawatu Herald, 25 April 1903, Page 1
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357Page 1 Advertisements Column 4 Manawatu Herald, 25 April 1903, Page 1
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