Article.

Annual Report of the A.M.P. Society.

Manawatu Times, Volume VIII, Issue 240, 19 April 1883, Page 2

 

Annual Report of the A.M.P. Society.

Renter's Telegrams, Sydney, April 17. The annual report of the Australian Mutual Provident Society for last year shows that t he-new business was larger than that of any previous year. Ie comprised 6,400 policies, for assurances amounting to £2,280,000. The new premiums amounted to £52,5p0. The accumulated fuud has been increased by £520,000, and now stands at £4,350,100. The total annual reverse is "now £885,000. The receipts from interest exceed the amounts paid for death claims by £68,000. The seventh quinquennial division of the srplus will be maJe up to (he end of the year, and hereafter the profit will be divided annually.

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