AUSTRALIAN MUTUAL PROVIDENT SOCIETY Holds the World’s Record for Largest Bonuses. ,iO ■ , RESULTS TAKEN ' ;3FBIOM: THUS. .. ’FIFTYFOURTH REPORT. ; ——o —— , NEW POIICIES-16.591 completed, assuring ... £3.702,57,0 POLICIES IN FORCE-176.815, assuring . . ... £50,763,590 Exclusive of. Bonus Additions, amounting to .; :£10,048,u46 ANNUAL INCOME FROM PREMIUMS AND INTER- r ESTisnow .. .. ■ - £2,523,650 THE FUNDS OF THE SOCIETY now amount to ... £18,779,113 DEATH AND MATURED CLAIMS paid since establishment ... .. ~ ~ . ..1 ••£13,289,835 CASH amount of Profit available for DR vision amongst the Members after making exceptional Reserve >l3 . . .. .. iVi ■ £558,868 Ah amount greater than that distributed by theiSociety -in; apy previous year, and over 84i per cent, of tire Premiums received during the year* '■ ~ ' : “ : r IT WILL PHOyiDE REVERSIONARY BONUSES,• amounting to.. ... .. . . .£l-,O00>00P; EXPENSES—Thq percentage of expenses to total:: VALUATIOM—The standards of valuation am jnore severe .than those employed’ by any other Mutual Office transeting business in-New Zealand.' .. EXISTING BUSINESS ON THE NEW ZEALAND INCREASE IN TiHE ACOIJMULATED FUNDS (ohd 1 year) '• ■ ... • ...■ •• ;;» . £914,599 INCREASE IN- ANNUAL INCOME (one year) ' ... ; £91,168 INCREASE IN GASH BONUS (one year) ... £2Q,,143 NET GAIN IN BUSINESS TN FORCE, 7508 Policies, ■ -assuring <■ ... . ... ... - £1,897,025 INTEREST RECEIPTS/ exceeded amount paid in DEATH:CLAIMS by. ....... ; £184,908 Directors of the . NeV Zealand Branch :-~Tbe Hob. Charles J. Johnston, M.L.Q., Chairman ; A. De B. Brandon,. Esq. Deputy GhairtoAn, The. Hon, E. Richardson, 0.M.G., John Duncan,. Esq. EDWD. W. LOWE, Resident Secretary. New Zealand Branch: Customhouse-quay, Wellington.
jyr.ANAWATU QAERIAQE FACTORY^ Kangltikei-street, Palmerston EL..' 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' .V ■ : B. SPELMAN,, Foxton. ©. BAHLj IMPOETEE & MANUFACTURER Palmerston North , In stock and made to order-—. 'PENTS, Tarpaulins, ’ Rick, and | . Waggon Cover-, AVatei proof Sheets, Horse and Cow Covers, Oilskin 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, North.
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Manawatu Herald, 30 May 1903, Page 1
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337Page 1 Advertisements Column 4 Manawatu Herald, 30 May 1903, Page 1
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