AUSTRALIAN MUTUAL PROVIDENT SOCIETY Holds the World’s Record for Largest Bonuses. RESULTS TAKEN FROM THE fi FIFTY' THIRD REPORT. ■O- - POLICIES—I4,BS7 completed, assuring POLICIES IN FORCE - 169,307, muring Exclusive of Bonus Additicns, amounting to .. ANNUAL INCOME FROM PREMIUMS AND INTEREST is now .. .. ... THE FUNDS OF THE SOCIETY tdw amount to ... DEATH AND MATURED CLAIMS paid since establishment ... .. .. 18.753,064 £49,366.565 £9,638,798 £2.432,482 £17,864,514 £12,340,602 GASH PROFIT— The amount of Profit available for Dn vision amongst the Members af er malting exceptional Reserves, is .. .. .. •• ••• , £538,720 An amount greater than that distributed by the Society m 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 84 VALUATION— The standard*' of vacation are more severe than those employed by 1 any other Mutual Office trauseting business in New Z u nland. EXISTING BUSINESS ON THE NEW ZEALAND' BRANCH REGISTER, 28,196 policies assuring ... £7,709,233 INCREASE IN THE ACCUMULATED FUNDS (one year) INCREASE IN ANNUAL iNCOME (one year) INCREASE IN CASH BONUS for Triennium against previous Triennium ... NET GAIN IN BUSINESS IN FORCE. 7758 Policies, assuring ... ... ... INTEREST ’ RECEIPTS exceeded amount paid in DEATH CLAIMS by £BB4 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.G., M.L.0., 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.
ANAWATU QAREIAGE FACTORY, Rangitikei-stroet, Palmerston N. Vehicles of every description on sale npd built to order. All work guaranteed. Wheels Tyred while you wait by the latest Improved Machinery 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. DAHL, IMPORTER & MANUFACTURER PALMERSTON NORTH, In stock and made to order TENTS, Tarpaulins, Rick and Waggon Cover- 5 , Watei proof Sheets, Horse and Cow Covers, Oilskin Clothing, Ropes, Twines. Any of the above lines, wbidi a’V excellent value, can be obtained either through your 'storekeeper or direct from the Manufacturing Depot, Palmerston North: B. SPELMAN, Fox ton.
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Manawatu Herald, 2 May 1903, Page 1
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372Page 1 Advertisements Column 4 Manawatu Herald, 2 May 1903, Page 1
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