AUSTRALIAN MUTUAL PROVIDENT SOCIETY Holds the World’s Record for Largest Bonuses. o— — RESULTS TiIKEKT FROM THE FIFTYFOURTH REPORT. —o NEW POLICIES—IS,S9I completed, assuring POLICIES IN FORCE-176,815, assuring Exclusive of Bonus Additions, amounting to . ANNUAL INCOME FROM PREMIUMS AND INTER EBT is now .. .. ... THE.FUNDS OP THE SOCIETY now amount to .. DEATH AND MATURED CLAIMS paid since estab lishment ... .. .. .. CASH PROFIT—The amount of Profit available for Div vision amongst the Members after making exceptional Reservej, is .. .. .. ... £558,868 An amount greater than that distributed by the Society in any previous year, and over 844- per cent, of the Premiums received during the year. IT WILL PROVIDE REVERSIONARY BONUSES, amounting to over ... .. .. .. £l*ooo,ooo 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 transcting 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) INCREASE IN ANNUAL INCOME (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 £20,148 £1,897.025 £184,908 £8,702,576 £50.763.690, £10,048,846 £2,523,650 £18,779,113 £13,289,886 Directors of the New Zealand Branch :—The Hon. Charles J. Johnston, M.L.0., Chairman ; A. De B. Brandon, Esq. Deputy Chairman, The Hon. E. Richardson, C.M.G., John Duncan, Esq/and Joseph Joseph, Esq EDWD. W. LOWE, Resident Secretary, New Zealand Branch: Customhouse-quay, Wellington.
■jyi ANAWATU QARRIAGE FACTORY^ RangitikeFstreet, Palmerston 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. johnlbett, PROPRIETOR. A. N. GIBBONS. Cordial Manufacturer. PALMERSTON NORTH. A LL kinds of Cordial and Mineral A Waters freshly made and delivered free. For prices and particulars apply to B. SPELMAN, Foxton. Cha IMPORTER & MANUFACTURER Palmerston North. In stock and made to order TENTS, , Tarpaulins, Puck and Waggon Covers, 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 oxdirect from the Manufacturing Depot, Palmerston North.
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Manawatu Herald, 30 July 1903, Page 1
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355Page 1 Advertisements Column 4 Manawatu Herald, 30 July 1903, Page 1
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