AUSTRALIAN MUTUAL PBGVIBEHT Holds the World’s Record for Largest Bonuses. _ - 0 - results va'scjen Ftssosa: ‘’rxzs *»x*HrsrIT'ORJS'ITER iKEIP’ORfSB ■ 0NEW POLICIES—! 5.591 completed, assuring POLICIES IN FORCE -■ 170,815, assuring Exclusive of Bonus Additions, amounting to . ANNUAL INCOME FROM I? REMIT] MS AND INTER EST is now !HE FUNDS OP THE SOCIETY now amount to .. DEATH AND MATURED CLAIMS paid since estab lishmeut ... .. .. . ■ •• CASH PROFIT —Ti.-e amount of Profit available for Di- .{ vision amongst the Members after making exceptional I Reserve .is .. .. .. .• ••• £558,888 An amrunt greater than that distributed by the Society iu any provlous year, and over 84-1 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 | YALU \TION—The standards o.f valuation are more severe than j those employed by any other Mutual O Iliac transeting business in New j Zealand. I EXISTING BUSINFSS ON TUE ’ NEW ZEALAND j • BRANCH REGISTER, 29,511-poliei s assuring ... £8,015,210 j INCREASE IN THE ACCUMULATED FUNDS (one 1 vear) ... ... . £914,099 INCREASE IN ANNUAL INCOMD (onfMcr-r) .... , £91,168' INCREASE IN CASH BONUS (one vear) .... ... £20,148 NET GAIN IN BUSINESS IN FORCE, 7508 Policies, assuring ... ••• £1,397,025 INTEREST RECEIPTS exceeded amount paid iu DEATH CLAIMS by ... £184,908 Directors of tho New Zealand Branch:—The Hon. Charles J. Johnston, M.L.0., Chairman ; A. Da B. Brandon, Esq. Deputy Chairman, The Hon, E. Richardson, C M.G., John Duncan, Esq. EDWD. W. LOWE, Resident Secretary. £3.702,576 £50,763,590 £10,048,346 £2,523,650 £18,779,113 £13,289,835 New Zealand Branch : Cnstomhonso-quay. Wellington.
jyr ANAWATU factory/ Raugitikci-street, Palm-r Mon 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, 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 B. SPELMAN, lA.xton. € lIAIIW~ IMPORTER & MANUFACTURER Palmerston North. In stock nod made to order rPENTS, Tarpaulins, Rick and [ Waggon Cover?, Watei proof Sheets, ITorse and Cow Covers, Oil skin Clothing, Ropes, Twines. Any of the above lines, which are excellent value, can he obtained either through your storekeeper or direct from the Manufacturing' Depot, Palmerston North.
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Manawatu Herald, 7 July 1903, Page 1
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365Page 1 Advertisements Column 4 Manawatu Herald, 7 July 1903, Page 1
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