AUSTRALIAN MUTUAL PROVIDENT SOCIETY Holds the World’s Record for Largest Bonuses. RESULTS TAKEN FROM THE FIFTYFOURTH REPORT. 0NEW POLICIES—IS,S9I completed, assuring POLICIES IN FORCE - 170.815, assuring Exclusive of Bonus Additions, amounting to .. ANNUAL INCOME FROM, PREMIUMS AND INTER* EBT is now .. THE FUNDS OF THE SOCIETY now amount to ... DEATH AND MATURED CLAIMS paid since establishment £8.702,576 £50.763,590 £10,048,346 £2,528,650 £18,779,113 £13,289,885 CASH PROFIT—Tim 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 previous year, and over ELI per cent, of the Premiums received during the i “I*l • . IT WILL PROVIDE REVERSIONARY BONUSES, amounting to over ... .. •• <• £1,000,000 EXPENSES—The percentage of expenses to total receipts Was about 8f VALUATION—'The eiandards 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 Directors of the New Zealand Branch The Hon. Charles J. Johnston, M.L.0., Chairman ; A. De B. Brandon, Esq. Deputy Chairman, The Uon. B. Richardson, C-M.G., John Duncan, Esq and Joseph Joseph, Esq. EDWD. W. LOWE, Resident Secretary. New Zealand Branch: Customhouse-quay, Wellington.
ANAWATU p AT! 11l AGE factory" Rangifcikei-streot, Palmerston N. Yehiclea 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. pianos tuned. Mr W. J. GROUT, Piano Tuner, who baa just arrived by the s.s. Papamii, from Messrs Broadwood White & Co , piano manufacturers, London, under engagement' to MR H. COLES, Piano Importer, Palmerston N., will make the first of bis intended quarterly visits to FOXTON & DISTRICT on January sth. PIANOS & ORGANS Keptin tune by the year, thoroughly toned and regulated at a charge of Twenty-one shillings, payable on December 31st, 1903. H. COL E S, Music Warehouse, PALMERSTON NORTH. Foxton Butchery. MAIN-STREET, FOXTON. • Shadbolt & Howan. BEG to inform the residents of Foxton and district that they have purchased the Butchering business lately carried on by Mr John Walsh, and hope by paying every attention to the wants of customers to still merit the large measure of support accorded their predecessor. SHIPPING SUPPLIED. Shadbolt & Howan, BUTCHERS.
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Manawatu Herald, 18 August 1903, Page 1
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413Page 1 Advertisements Column 2 Manawatu Herald, 18 August 1903, Page 1
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