AUSTRALIAN MUTUAL PROVIDENT SOCIETY Holds the World’s Record for Largest Bonuses. RESULTS TAKEN FROM THE * FIFTYTHIRD REPORT. ■O- - POLICIES—I4.BS7 completed, assuring POLICIES IN TORCE - 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 pttid since establishment £8.753,064 £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 Members after making exceptional Reserves, is .. .. •• •• . *588,725 An amt nnt greater than that distributed by the Society in any previous year,"! nd over 341 per cent, of the Premiums received during the year. IT WILL PROVIDE REVERSION AR Y 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 transeting 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) INCREASE IN ANNUAL INCOME (one year) INCREASE IN CASH BONUS for Triennium against previous Triennium ... NET GAIN IN BUSINESS IN FORCE, 7753 Policies, assuring INTEREST RECEIPTS exceeded amount paid in DEATH CLAIMS by £834,668 £87,659 £229,900 £1,659,800 £113,761 LOO A OARD OF DIRECTORS The ‘ Hon/. Charles J. Johnston, M.L.0., Chairman ; A. Brandon, Esq. Deputy Chairman, Tire Hon, E. Richardson, 0.M.G., John Duncan, Esq. EDWD. W. LOWE, Resident Secretary. New Zealand Branch: Hoad Office, Customhouse-quay, Wellington.
ANAWATU pAEPJAGE 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, JOHNBETT, PROPRIETOR. A. No GIBBONS Cordial Manufacturer, PALMERSTON NORTEL . ALL kinds of Cordial and Mineral Waters freshly made and delivered free. For prices and particulars apply to B. SPELMAN, Poston. C. DABZ> 9 IMPORTER & MANUFACTURER Palmerston North, In stock and ,made to order rENTS, Tarpaulins, Rick and Waggon Cover-, Watei proof Sheets, Horse and Cow Covers, Oil akin Clothing, Ropes, Twines. Any of the above lines, which are excellent value, can be obtained either through your storekeeper or direct from the .Manufacturing Depot, Palmerston North.
Remedy for Sleepless Rights. BUY ONE OF Malcolm and Wilton’s CLEAN AND HEALTHY Kapoc Beds and Matt passes. NOTE THE ADDRESSMalcolm & Wilton, THE CHEAPEST AND RELIABLE HOUSE FURNIS- ' HERS, PALMERSTON N. UNDERTAKER. T BEG to notify that my NEW 1 HEVESE is now completed, and can be obtained on very reason* able terms. Funerals conducted promptly and carefully. ANDREW JONSON, U ndertaker, Avenue Road Poston. ERNEST BALL, HAIRDRESSER, &o. MAIN-STREET, FOXTON. Up to date Hairdressing A SPECTALTX.
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Manawatu Herald, 19 May 1903, Page 1
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433Page 1 Advertisements Column 4 Manawatu Herald, 19 May 1903, Page 1
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