AUSTRALIAN MUTUAL PROVIDENT SOCIETY Holds the World’s Record for Largest Bonuses. RESULTS TAKEN THE! FIFTY stvoujhth: report. NEW POLICIES—3S,S9I completed, assuring POLICIES IN FORCE 176.816. assuring .. Exclusive of Bonus Additions, amounting to .. "ANNUAL- INCOME FROM PREMIUMS AND INTER- ; 1 ; ESI? is now .. .. ' r UE'FUvDS OF THE SOCIETY now amount to ... DEATH-AND: MATURED. CLAIMS paid since establishment ... ■.. • .. £8.702,676' £50,763,590 £10,048.346 £2,523,650 £18,779,113’ £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 m any pre* vious year, and over S4P 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 transetipg business in New Zealand. ' ? ’’ t . - 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 BONUS, (one year) ... NET GAIN IN BUSINESS IN FORGE, .7508 Policies, assuring ... ••• , ... INTEREST RECEIPTS exceeded amount paid in , DEATH CLAIMS by £914.599 £91,168 £20,118 ! £1,397,025 £184,908 Directors of the Neve Zealand Branch The Hon. Charles J. Johnston, M.L.G., Chairman ; A. De B. Brandon, Esq. Deputy Chairman, The Hon. E. Richa.rdson, C-M.G., John Duncan, Esq. ■ ' * EDWD. W. LOWE, Resident Secretary. New Zealand Branch: Gnstorahouso-quay, Wellington.
TUT ANAWATU ■p AE BIA OE iVI FACTORY^ Rangifcikei'Sfcreet, Palmerston K. Vehicles pf every description on sale and,built to order. All work gu ranteed. Wheels Tyred while von wait by the latest Improved Machinery in the world, johjisTbett, PROPRIETOR. GIBBONS..; “ ! Cordial Manufacturer. . PALMERSTON NORTH. ALL kinds of Cordial and Mineral Waters freshly made and delivered free. For prices and particulars apply t 0 B. SPELMAN, . Eoxtou. C. DAHL, IMPORTER & MANUFACTURER Palmerston North, In stock and made to order TENTS, Tarpaulins, Eick and Waggon Cover-, Wateiproof 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.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/MH19030714.2.2.4
Bibliographic details
Ngā taipitopito pukapuka
Manawatu Herald, 14 July 1903, Page 1
Word count
Tapeke kupu
353Page 1 Advertisements Column 4 Manawatu Herald, 14 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.