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AUSTRALIAN MUTUAL PROVIDENT SOCIETY Holds the World’s Record for Largest" Bonuses. RESULTS TAKEN FROM THE FIFTYFOURTH REPORT. . -0— NEW POLICIES— IS 591 completed, assuring ... £3.702.576 POLICIES IN FORCE 176,815, assuring .. ... £50.763,590 Exclusive of Bonus Additions, amounting to .. £10,048,346 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 ... .. .. .. ... £13,289,835 CASH PROFIT—The amount of Profit available for DR vision amongst the Members after mating exceptional Reserve,, is .. . ■ .. .. ... £558,868 An amount greater than that distributed by the Society in any prevails year, and over 84| per cent, of the Premiums received- during the year. IT WILL PROVIDE REVERSIONARY BONUSES, • amounting to over ... .. .'t . < £1,000,000 EXPENSES —The percentage of expenses to total receipts was about 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) ... ... • ••• ... £914,599 INCREASE IN ANNUAL INCOME (one year) ... £91,168 INCREASE IN CASH BONUS (one year) ... ... £20,148 NET GAIN IN BUSINESS IN FORCE, 7608 Policies, assuring ... ... ... ... ... £1,397,025 INTEREST RECEIPTS exceeded amount paid in DEATH CLAIMS by £184,008 Directors of the New Zealand Branch :—The Hon. Charles J. Johnston, M.L.G., Chairman ; A. De B. Brandon, Esq. Deputy Chairman, The Hon. E. Richardson, 0.M.G., John Duncan, Esq. EDWD. W. LOWE, Resident Secretary. New Zealand Branch: Customhouse-quay, Wellington.

ANAWATU pAERIAGE FACTORY^ Rangitikei-street, Pahmrston 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 3 PROPRIETOR. A. N. GIBBONS Cordial Manufacturer. PALMERSTON NORTH; ALL kinds of Cordial ami Mineral Waters freshly made arid delivered free. For prices and particulars apply to B. SPELMAN, Eoxtdn. C, DAHL, IMPORTER & MANUFACTURER Palmerston North. In stock and made to order TENTS, Tarpaulins, Rick and Waggon Cover 3 , 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 .Manufacturing Depot, Palmerston North,

Remedy for Sleepless Nights. SUIT ONE OF Malcolm and Wilton’s CLEAN AND HEALTHY Kapoc Beds and Mattrasses. NOTE THE ADDRESS Malcolm & Wilton, THE CHEAPEST AND RELIABLE HOUSE FURNISHERS, PALMERSTON N. UNDERTAKER. ■ T BEG to notify that my NEW [ HEARSE is now completed, and can be obtained on very reasonable terms. Funerals conducted promptly and carefully; ANDREW JONSON, Undertaker, Avenue Road Foxton. ERNEST BALL, HAIRORESSER, dec. MAIN-STREET, FOXTON. Up to date Hairdressing A SPECIALTY.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/MH19030616.2.2.4

Bibliographic details
Ngā taipitopito pukapuka

Manawatu Herald, 16 June 1903, Page 1

Word count
Tapeke kupu
429

Page 1 Advertisements Column 4 Manawatu Herald, 16 June 1903, Page 1

Page 1 Advertisements Column 4 Manawatu Herald, 16 June 1903, Page 1

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