AUSTRALIAN MUTUAL PROVIDENT SOCIETY Holds the World’s Record for Largest Bonuses. •oRESULTS TASHBR FROM THE FIFTYFOURTH REPORT. NEW POLICIES—IS,S9I completed, assuring POLICIES IN FORCE - 176,815, assuring Exclusive of Bonus Additions, amounting to .. ANNUAL INCOME FROM PREMIUMS AND INTEREST is now .. .. ... THE FUNDS OF THE SOCIETY now amount to ... DEATH AND-MATURED CLAIMS paid since establishment ... .. . £8.702,576 £50,763,590 £10,048,316 £2,523,650 £18,779,113 £13,289,835 CASH PROFIT —The amount of Profit available for DR vision amongst the Members after making exceptional Reserve is .. .. .. • • ••• £558,868 An amount greater than that distributed by tbe Society in any previous year, and over 34£ 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 transoting business in New Zealand. EXISTING BUSINESS ON THE NEW ZEALAND BRANCH REGISTER, 29,544 policies assuring ... INCREASE IN THE* ACCUMULATED FUNDS (one year) INCREASE IN ANNUAL iNOOME (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 £184,908 £8,015,240 £914,599 £91,168 £20,148 £1,397,025 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.
jyr AN AWATU £ ARRIA OE » V 1 FACTORY^ Raugitikeßstreet, 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. JOHNBETT, PROPRIETOR. A. No 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, Fcxtou. O. DAHL, IMPORTER & MANUFACTURER Palmerston North. In stock and made to order - TENTS, Tarpaulins, Rick 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 or direct from the Manufacturing Depot, Palmerston North.
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Manawatu Herald, 6 August 1903, Page 1
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358Page 1 Advertisements Column 4 Manawatu Herald, 6 August 1903, Page 1
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