Page 1 Advertisements Column 4

Manawatu Herald, 2 June 1903, Page 1

AUSTRALIAN MUTUAL PROVIDENT SOCIETY Holds the World’s Record for Lar- , gest Bonuses. RESULTS TAKEN FROM THE JPHT'TYFOURTH REPORT. 0 NEW POLICIES—I6,S9I completed, assuring ... £8,702,57(3 POLICIES IN FORCE-176,815, assuring . ... £SO)7 Jq’S Exclusive of Bonus Additions, amounting to .. £10,048,34b ANNUAL INCOME FROM PREMIUMS AND INTEREST is now £2,523,650 THE FUNDS OF THE SOCIETY now amount to a. £18,779,113 DEATH AND MATURED CLAIMS paid since establishment £13,289,835 CASH PROFIT—The amount of Profit available for DL vision amongst the Members after making exceptional Reserve ,is .. .. .. .. ... £558,868 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 about 8-| VALUATION—The standards of valuation are more severe than those employed by any other Mutual Office fcranscting business in New Zealand EXISTING BUSINESS ON THE NEW ZEALAND BRANCH REGISTER. 29,544 policies assuring ... £8,015,240 INCREASE IN THE ACCUMULATED FUNDS (one year) ... ■ ... ... ... ... £914,599 INCREASE IN ANNUAL INCOME (one year) ... £91,168 INCREASE IN CASH BONUS (one year) ... ... £20,148 NET GAIN IN BUSINESS IN FORCE, 7508 Policies, assuring ... ... ... ... ... £1,397,025 INTEREST RECEIPTS exceeded amount paid in DEATH CLAIMS by ... £184,908 Directors of the New Zealand Branch:—The Hon. Charles J. Johnston, M.L.0., Chairman ; A. De B. Brandon, Esq. Deputy Chairman, The Hon. E. Richardson, 0.M.G., John Duncan, Esq s EDWD. W. LOWE, Resident Secretary. New Zealand Branch: Customhouse-quay, Wellington.

VfANAWATU QAERIAGE RangitikeLstreet, Palmerston N. Vehicles ol every description on sale and built to order. All work guaranteed. Wheels Tyred while you wait by the latest Improved Machinery in the world. johnlbett, PROPRIETOR. A. N, GIBBONS Cordial Manufacturer. PALMERSTON NORTH. ALL kinds of Cordial and Mineral Waters freshly made and de* livered free. For prices and particulars apply to B. SPELMAN, Fox ton. CWfe M. WV ■ DAlllii IMPORTER & MANUFACTURER Palmerston North. In slock and made to order— TENTS, Tarpaulins, Rick and Waggon Covers, Waterproof 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 Depot, Palmerston North.