AUSTRALIAN MUTUAL PROVIDENT SOCIETY Holds the World’s Record for Largest" Bonuses. ■O- - TAKEN FROM THE FIFTYFOURTH REPORT. . o NEW POLICIES—-16,691 completed, assuring ... £3.762,576 POLICIES IN FORCE-176,8X5, assuring .. .... £50.763,590 Exclusive of Bonus Additions, amounting to .. £10,048,846 ANNUAL INCOME FROM PREMIUMS AND INTEREST is now •• - .. ... ... £2,523,650 THE FUNDS OF THE SOCIETY now amount to ... £18,779,113 DEATH AND MATURED CLAIMS paid since establishment .. .. ~ £13,289,885 CASH PROFIT—The amount of Profit available for Di-* 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 84| per cent, of the Premiums received during the year. IT WILL PROVIDE REVERSIONARY- BON USES,amounting to over ... .. .. .. £1,000,000 EXPENSES—The percentage of expenses to total receipts was about 8f 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, 29,544 policies assuring ... £8,015,240 INCREASE IN THE ACCUMULATED FUNDS (one year) INCREASE IN ANNUAL INCOME (one year) INCREASE IN CASH BONUS (one year) ... NET GAIN IN BUSINESS IN FORCE, 7608 Policies, assuring ... INTEREST RECEIPTS exceeded amount paid in DEATH CLAIMS by Directors of the New Zealand Branch :-i-The Hon. Charles JJohnston, M.L.0., Chairman ; A. De B. Brandon, Esq. Deputy Chairman, The Hon. E. Richardson, C-M.G., John Duncan, Esq. EDWD. W. LOWE, Resident Secretary. New Zealand Branch: Customhouse-quay, Wellington. £914,599 £91,168 £20,148 £1,897,026
ANAWATU ARRIAGE Rangitikei-atreet, 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. JOHN BETT, PROPRIETOR. A. N. GIBBONS. Cordial Manufacturer. PALMERSTON NORTH. LL kinds of Cordial and Mineral Waters freshly made and dewed free. For prices and particulars apply to O. DAHL, IMPORTER & MANUFACTURER Palmebston Noeth. In stock 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 the;;Manufactiiring Depot, Palmerston North. FACTOR . B. SPBLMAN, Foxton.
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https://paperspast.natlib.govt.nz/newspapers/MH19030613.2.2.4
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Manawatu Herald, 13 June 1903, Page 1
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347Page 1 Advertisements Column 4 Manawatu Herald, 13 June 1903, Page 1
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