Australian Mutual Provident Society . . HOLDS THE WORLD'S RECORD FOR ILARGEST/-BONUSES. RESULTS TAKEN FROM THE FIFTY-FIFTH REPORT. NEW POLICIES -14,534 completed, assuring .. .. .. £3,744,489 POLICIES IN FORCE -183,653, assuring .. .. ..£52,324,828 Exclusive of Bonus Additions, amounting to . . . . . . £10,438,563 ANNUAL INCOME FROM PREMIUMS AND INTEREST is now .. £2,614,846 THE FUNDS OF TBE SOCIETY now amount to . . . . £19,674,423 DEATH AND MATURED CLAIMS paid since establishment .. ..£14,309,047 CASH PROFIT — The amount of Profit available for Division amongst the Members, after making exceptional Reserves, is . . . . £582,168 An amount greater than that distributed by the Society in any previous year, and 35 per cent, of the Premiums received during the year. IT WILL PEOVIDE REVERSIONARY BONUSES amounting to over . . £1,000,000 EXPENSES — The percentage of Expenses (including Taxes) to total receipts was under 9. VALUATION —The standards of valuation are more severe than those employed by any other Mutual Office transacting business in New Zealand EXISTING BUSINESS ON THE NEW ZEALAND BRANCH REGISTER, 30,773 policies, assuring . . . . . . . . . . £8,319,957 INCREASE IN THE ACCUMULATED FUNDS (one year) . . . . £895,310 INCREASE IN ANNUAL INCOME (one year) . . . . . . £91,196 INCREASE IN CASH BONUS FOR QUINQUENNIUM against previous Quinquennium . . . . . . . . . . . . £514,307 NET GAIN IN BUSINESS IN FORCE, 6838 Policies, assuring . . . . £1,561,239 INTEREST RECEIPTS exceeded amount paid in DEATH CLAIMS by . . £204,710 DIRECTORS OF THE NEW ZEALAND BRANCH: The Hon. Chas. John Johnston, M.L.C., Chairman ; A. De B. Brandon, Esq., DeputyChairman ; the Hon. E. Richardson, C M.G., John Duncan, Esq., and Joseph Joseph, Esq. EDWARD W. LOWE, Resident Secretary. NEW ZEALAND BRANCH— CUSTOMHOUSE QUAY, WELLINGTON.
THE LEADING ESTABLISHMENTS IN THIS CITY CLOSE ON SATURDAY AFTERNOONS AT ONE O'CLOCK, AND OPEN ON ALL WEDNESDAYS. THE PUBLIC APPRECIATE IT ! THE EMPLOYERS APPRECIATE IT! THE EMPLOYEES APPRECIATE IT ! THE FINEST STOCKS AND THE BEST SERVICE ARE AT THE DISPOSAL OF THOSE WHO BUY FROM THE FOLLOWING FIRMS. BARRAUD & SON MORRAH & CO. BEADNALL & SON T. PRINGLE D.I.C. (Drap. and G. Import. Co. Ltd.) T. SHIELDS R B DAVIS & CO. DUNBAR SLOANE A. FERGUSON STEWART DAWSON & CO. R. D. HANLON W. H. TISDALL KIRKCALDIE & STAINS, LTD. S. TUCKWELL W. J. LANKSHEAR W. S. WALLACE W LITTLEJOHN & SON WHITCOMBE & TOMBS, LTD. McGregor wright & co. g. t. white MRS MACKENZIE MRS WOODFORD McNAB BROS. G. & T. YOUNG GEO. MEE M. KREISSIG DRESDEN PIANO CO. D. MILLIGAN J DUTHIE CO. LTD. REICH ARDT MUSIC WAREHOUSE GAMBLE & SON STEWART & CO., LTD. W. HENDRY THE SCOULLAR^CO., LTD. KING & MUIR R. & E. TINGEY E. W. MILLS & CO., LTD. W. WIGGINS YOU ARE KINDLY REQUESTED TO DO YOUR SHOPPING BEFORE ONE P.M. ON SATURDAYS.
/ J2^fe3£^ w vXiiD-Ci «L O. NOUYELLE FORME wM\ ißiM^^al^^ BEST KNOWN AND LIKED *ff ( » f Jlih^b '^§fc2Ep' THROUGHOUT THE WORLD. FROM ALL DRAPERS.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NZFL19040521.2.5.2
Bibliographic details
Free Lance, Volume IV, Issue 203, 21 May 1904, Page 5
Word Count
436Page 5 Advertisements Column 2 Free Lance, Volume IV, Issue 203, 21 May 1904, Page 5
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