Page 1 Advertisements Column 4

Manawatu Herald, 20 June 1903, Page 1

AUSTRALIAN MUTUAL PROVIDENT SOCIETY Holds the World’s Record for Largest’ Bonuses. o— RESULTS TAKEN FROM THE FIFTYFOURTH REPORT. •0NEW POLICIES—IS 691 completed, assuring ... , £9.702,576 POLICIES IN FORCE -176,816, assuring .... £50,763,590 Exclusive of Bonus Additions, amounting to .. £10,048,346 ANNUAL INCOME FROM PREMIUMS AND INTEREST is now .. .. ... ... .•. £2,528,650 THE FUNDS OP THE SOCIETY uow amount to ... £18,779,113 DEATH AND MATURED CLAIMS paid since establishment ... .. .. .. £13,289,885 * CASH PROFIT—The amount of Profit available for DL vision amongst the Members after malting exceptional Reserve ..is .. .. .. •• ••• £558,868 An ambnnt 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 BONUSES, 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 transetihg business in New Zealand. EXISTING BUSINESS ON TEE 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 ... ... ... ... ... £1,897,025 INTEREST RECEIPTS exceeded amount paid in DEATH CLAIMS by ... £184,908 Directors of the New Zealand Branch ;—The Hon. Charles J. Johnston, M.L.C., 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.

jjuf ANAWATU QARRIAGE FACTORY^ Rangitikei-street, Palmerston N. Vehicles of every description on sale and built to order. All work guaranteed. Wheels Tyred while you sait by the latest Improved Machinery in the world. JOHN~BETT, PROPRIETOR, A. N. GIBBONS Cordial Manufacturer. PALMERSTON NORTH. ALL hinds of Cordial and Mineral Waters freshly made and delivered free. For prices and particulars apply to B. BPELMAN, Foxton. C. DA IMPORTER & MANUFACTURER Palmerston North, In stock and made to order TENTS, Tarpaulins, Rick and Waggon Cover?, 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.