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AUSTRALIAN MUTUAL HOLDS THE WOELD'S RECOED FOE LAEGEST BONUSES. RESULTS TAKEN FROM THE FIFTY-FOURTH REPORT. NEW POLICIES— IS,-591 completed, assuiing £3,702,576 POLICIES IN FOECE— I76,BIS, assuiing £50,763,590 Exclusive of Bonus Additions, amounting to . . . . . . . . . . £10,048,346 ANNUAL INCOME FBOM PREMIUMS and INTEREST is now .. .. £2,523,650 THE FUNDS OF THE SOCIETY now amount to £18,779,113 DEATH AND MATURED CLAIMS paid since establishment £13,289,835 CASH PROFIT— The amount of Piofit available foi Division amongst the Members, after making exceptional Reserves, is . . . . . . . . £558,868 An amount greater than that distributed by the Society in any previous yeai, and over 34£ per cent of the Piemiums leceived during the year. IT WILL PROVIDE REVER -ONARY BONUSES, amount to over .. £1,000,000 EXPENSES — The peicentage of expenses to total receipts was about BJ. VALUATION — The standaids of valuation are more seveie than those employed by any other Mutual Office transacting business in New Zealand. EXISTING BUSINESS ON THE NEW ZEALAND BRANCH REGISTER, 29,544 policies, assuung £8,015,240 INCREASE IN THE ACCUMULATED FUNDS (one yeai) £914,599 INCREASE IN ANNUAL INCOME (one year) £91,168 INCREASE IN CASH BONUS (one year) £20,143 NET GAIN IN BUSINESS IN FORCE, 7508 Policies, assuring .. .. £1,397,025 INTEREST RECEIPTS exceeded amount paid in DEATH CLAIMS by . . £184,908 DIRECTORS OF THE NEW ZEALAND BRANCH :— The Hon. Chas. John Johnston M.L C, Chairman; A. De B. Brandon, Esq., Deputy Chaiiman; the Hon. E Richardson, C.M.G. ; John Duncan, Esq. EDWARD W. LOWE, Resident Secretary. NEW ZEALAND BRANCHCUSTOMHOUSE QUAY, WELLINGTON.

From all Storekeepers L'T.^yi ■ ■ 1^ ■ w^^ * "^"llLr^ M) %^q\ Will enable You toWalk on hard paveKSHISHE^K 5HI S HE^ ments with absence of Jarring and I=l f ) U U C*. f? Be DuntoDPheumafitrvre Co olALi Lid 108 FlinSeriSt Melbourne HI 3OIC ICC 1 . MCkrencf svdncv NbW H7orenfell 5t Adelaide 5A Z8 Adelaide £^S^ "^■" StßnsbancQM knack M Perth WAiftLichfidd 51 Chch.NZ

H. FIELDER, Manners Street. |T| I'BI Furniture '"' NEW SPIPMENTS r-^jßSmßßg^ If [*? " \ JUST ARRIVED. Drawingroom Cabinets, Inlaid Mahogany Bedroom Suites, French Cabinets and Tables, French Palm Stands (Marble Tops), Mahogany and Walnut Tables, Handsome Gilt Overmantles, Louis XV. Carved Overmantels, Carved Oak Sideboards, Black and Brass Italian Bedsteads, Solid Brass French and Italian Bedsteads, Choice Designs in Axminster Carpets, Velvet Pile Wilton and Brussels Carpets, Carved Oak Extension Tables. THE ABOVE GOODS AEE NOW ON VIEW AND WORTHY OP INSPECTION.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZFL19030613.2.5.2

Bibliographic details

Free Lance, Volume III, Issue 154, 13 June 1903, Page 5

Word Count
377

Page 5 Advertisements Column 2 Free Lance, Volume III, Issue 154, 13 June 1903, Page 5

Page 5 Advertisements Column 2 Free Lance, Volume III, Issue 154, 13 June 1903, Page 5

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