Business Notices. PER CENT. MORS WAXBB ** 80 PSB CENT. LKsaTwATKR WAgTMDJj improved HYDRAULIC J&AJB& Patent 3685, NO more annoyance caoaed ▼alves Btapplne nnud the Ran otoj> INCREASED SUPPLY iS&SSfi*** I™"*1 ™"* •—****** Ranu is pee can be fittod with m? Pattoe at very email 0088. * -•••»••« Write or send particulars J. BIGWOOD, PLUMBER, GASFITTER, BBAS3 FOUNDER, SCO., Direct Importer of all Goods Required ky above Trades, 86 COLOMBO STREET. Telephone No. FDRST PRIZE DUNEDIN EXHIBITION J, CLEGG. "*" WHOLESALE AND RETAIL BASSINETTE, PERAMBULATOR AND GO-CART MANUFACTURER. Rubber-tyre-Wheel Perambulators, SPECIAL VALUE £2 10s. Price List Free. Repairs Neatly and Cheaply Executed. JAMES CLEGG, 181 ARMAGH STREET. CORNS EXTRACTED WITHOUT PAIN """ ■ i W. ROBINSON I PROFESSIONAL OHIBOPODIST, »W HIGH STREET' AUSTRALIAN MUTUAL PROVIDENT SOCIETY, Established ... „. 1819. The Oldest Mutual Life Office in Australia. New Zealand Branch: Head Office, Customhouse Quay. Wellington. Local Board of Directors: The Hon. Morgan S. Grace, M.D H C.M.G., . M.LXJ. (Chairman). The Hon. Chas. J. Johnston, M.L.C. (Deputy-Chairman). Alfred, de Bathe Brandon, Esq. The Hon. Edward Richardson, C.M.G. Mcholae Reid, Esq. Medical Officer: Dr. W. G. Kemp, M.R.C.S. (England.) ASSURE YOuiTLTFE In the AUSTRALIAN MUTUAL PROVIDENT SOCIETY, and SECURE an ANNUAL BONUS or DIVIDEND, A privilege which, no other Colonial Life Office can grant its Members. Bβ careful that yon SELECT THIS SOCIETY, and do not be MISLED by the similarity of name of some of the other younger Australian Offices. The attention of the Members and the General Public is called to some of the special features connected with this Society, which is the Oldest Colonl* Institution of its kind, haying been established In the year 1810 The results of the business fox the Forty-first Year, ending 31st December, 1889, may be summarised as under :— IXRST—The number of the New Policies issued was 11,664. • .•',• SECOND—The New Assurance Business -effected was for 1,3,679,459. THIRD—The New Annual Premium In* come amounted to L 121,800, FOU.RTH—The net Increase to the business, after allowing for loss of income from terminated policies, was represented by 7028 Policies, aesurrog L 2,109,199. "FIFTH—The operations of the year raised the annual income of the Society from L 1,512,280 to L 1.625,185. an increase In twelve months of id.12,905, - ; : : SIXTH—The Accumulated Fond was increased during the year by the sum of L742,3U, equal to 71 per cent, of the gross premium re ceived. SEVENTH—The deaths among lives assured were 649 under • 735 policies, causing claims upon the Society amounting to 1*299,602, irrespective of Bonus additions, while the number expected according to the Tables used in estimating the liabilities would have been 1143 for an amount 0tL438,976, the mentality experience being thus extremely favorable. EIGHTH—The receipts jrom interest and rente were La10,832> an amount vssswusr *" " *• NINTH—The expenses of Management I were only 9.5 per cent, of the total receipts. TENTH—The cash, surplus divided for the year ia» was L 426,49*, heing at the rate of 41.5 per cenc on the premiums received* The operations of the Society during the forty-one years of its existence may be summarised as under :— It baa issued 141,907 policies, aaeurinL49,4l7,7l7\ K It has paid to the representatives of deceased members over L 4,000,000 in satisfaction of death and matured claims. It has divided among the members cash bonuses aggregating over L 4000.000, yielding reversionary addition* of over L8,000,0G0. It has acquired an Accumulated fond of L»,OO0,0OO, all invested to yield folly 6 per cent interests Assets to New Zealand—£l,273^sl4. EDWARD W, LOWE, RESIDENT &BGBBXJUn 0 qbahcb Office** - Custom House Quay, Christchurch District Office— CATHEDRAL SQUARE. \ftjajDKßJß-se.»i*toata*cp e t*a.
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Bibliographic details
Press, Volume XLVIII, Issue 7868, 20 May 1891, Page 7
Word Count
582Page 7 Advertisements Column 5 Press, Volume XLVIII, Issue 7868, 20 May 1891, Page 7
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