Australian Mutual Provident Society.
(bt. electric telegraph- copyright.) (rettter's tklegrams.) Sydney, April 22. The36thannualreportoftheAustraliari Provident Society was issued this afternoon. The new business acquired during the past year comprises 8866 policies assuring £2,962,402. The new preniium income amounts to and the accumulated funds of the society to £5,371,466. The total annual income represent £1,074,942. The report of the actuary on the first annual division of profits* shews a cash surplus for the year of £ 411,887, of which ±-262,434 will be divided amongst the policy-holders. It is intended that m future bonuses will become available after policies have endured two years, and surrender values be paid after a similar period shall have lapsed. . _
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https://paperspast.natlib.govt.nz/newspapers/MS18850423.2.17
Bibliographic details
Manawatu Standard, Volume IX, Issue 118, 23 April 1885, Page 3
Word Count
112Australian Mutual Provident Society. Manawatu Standard, Volume IX, Issue 118, 23 April 1885, Page 3
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