AUSTRALIAN MUTUAL PROVIDENT SOCIETY Holds the World’s Record for Largest Bonuses.- ■ RESULTS FROM THE FlFTYfourth report. ■O- - POLTCIES-15 ,591 completed, assuring POLICIES JN FORCE -170,815, assuring . Exclusive of Bonus Additions, amounting to . ANNUAL INCOME FROM PREMIUMS AND INTER EST is now .. f HE FUNDS OF THE SOCIETY now amount to .. DEATH AND MATURED CLAIMS paid since estab bailment ... •• •• £3,702,570 £50.763,590 £10,048,346 £2.523,650 £18,779,113 £13,289,835 CASH PROFIT—The amount of Profit available for DR vision amongst the Members after malting exceptional Reserve;, is .. .. . * .. •• . £558 ' 868 An amount greater than that distributed by the Society m any previous year, and over Uh 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 more severe than those employed by any other Mutual Office trausefcing 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) ••• TNCRE ASE IN A NNUAL ; NCOM E'(one year) INCREASE IN CASH BONUS (one year) NET GAIN IN. BUSINESS IN FORCE, 7508 Policies, assuring ... ■ ••• • ••• INTEREST 'RECEIPTS exceeded amount paid in DEATH CLAIMS by £914,599 ’ £91,168 £20,113 £1,397,025 £184,908 Directors of the Nov. Zealand Branch ;—The Hon, Charles J. Johnston, M.L.C., Chairman ; A. De B. Brandon, Esq. Deputy Cbairmau, 'The Hon. E. Richardson, C-M.G., John Duncan, ***- EDWO. w, LOWE, Resident Secretary. New Zealand Branch : Customhouse-Quay, Wellington.
Tlf ANAWATU iVA FACTOR carriage j u ! Raugitikev-etreot, RRri'r.Rnn N. Vehicles of every description on sale and built to or dor. All work guaranteed. Wheel a Tynrl while yon 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. BPELMAN, Foxton. O. DAHL, IMPORTER & MANUFACTURER Noam. ‘ lu stock and made to order - 'TRENTS, Tarpaulins, /kick and j | Waggon Cover?, Waterproof 1 Sheets, Horse and Cow Covers, 0;II skin Clothing, Ropes, TV urea. Any of the above lines, which are excellent value, can h ■ obtained either through your sloiokooper or direct from the Manufacturing Depot, Palmerston North.
Remedy for Sleepless; Nights. BUY I ONE OF Malcolm and Wilton’s CLEAN AND HEALTHY Kapoc Beds and Matt passes. NOTE THE ADDRESSMalcolm & Wilton, THE CHEAPEST AND REI LIABLE HOUSE FURNISHERS, PALMERSTON N. UNDERTAKER. T BEG to notify that my NEW [ HEARSE is now completed, and can be obtained on very reasonable tonus. Funerals conducted promptly and carefully. ANDREW JONSON, Undertaker, Avenue Road Foxton. ERNEST, BALL, SSER, &c. H. A IN-STREET, FOXTON. Up to date Hairdressing A SPECIALTY,
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/MH19030709.2.2.3
Bibliographic details
Ngā taipitopito pukapuka
Manawatu Herald, 9 July 1903, Page 1
Word count
Tapeke kupu
438Page 1 Advertisements Column 3 Manawatu Herald, 9 July 1903, Page 1
Using this item
Te whakamahi i tēnei tūemi
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.