ATJSTBALIAN MUTUAL PBOVIDENT SOCIETY. HOLDS THE WORLD'S RECORD FOB LARGEST BONUSES. pESULTS TAKEN FBOM THE FIFTY- * v THIRD BEPORX. .. HEW POIJCIES-14]e57 com- • Meuring . . . £3,733,064 ■- »*"?• ?" Force—l®,3o7, a«surine je«,3ee,ses Euiwdve of Bonus Additions, amounting to ... £0,638,798 . j t Income '*om Premiums fc. ,, ™ Interest is now . . £2,432,482 »• Foods of the Society now ft?"!? ,, "* t° £17,864,514 D«ai and Matured Claims paid •inct •lUblithment . . 419,840,603 .CASH PKOFIT-Thriimowit of ' *2 0fit •'•il'ble for division •"wngtt members, sfter awung txoeptional Keserres. is 4588,735 to amount greater then that aatnbuted by the Society » any previous year and orer **t per cent of the Premiums j. I*W»"i during the year. ."Vjl«l Provide Keversionary eeauiet amounting to . . £1,000,000 •*PEN'SES—The percentage of expenses to total receipts was only BJ. , VALUATION—The Standarde of valuation ™ more severe than those employed by any it "Mutual Office transacting buainees in i ««* Z«Uind. f '"•ting BueineM on the New Branch Rogister, 28,196 POlwiw, assuring . . . £7,700,232 la«e*ee in the Accumulated runds (one jeax) . £834,668 "osase in Annual Income (one [ -J«ar) £87,659 [ Wntlw in Cash Bonus for Trir saninm against previous Trii .... £229,900 . fl«t Gain in Bueiuees in Force, ' JTM Policies, assuring . . £1,659,800 interest Receipts exceeded «»ount paid in Death Claims by £113,761 DIRECTORS OF THE NEW ZEALAND . *. BIUXCH: *«• Hon. Morgan S. Grace. M.D., C.M.Q., -..* M.L.C., Chairniftn; the Hon. Oβas. John Johnston, M.L.C.. Daputy-Chairman; A. De B. Brandon, Esq.; the Hon. E. Richardson. C.M.G.; John Duncan, Esq. EDWARD W. LOWE, Residont Secretary. XEW ZEALAND BRANCH— OUBTOMHOUSE QUAY, WELLINGTON. CHRISTCHURCH DISTRICT OFFICECATHEDRAL bCJCAKE. JAMES iiAIR, il" r District Secretaiy,
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19021003.2.46.1
Bibliographic details
Press, Volume LIX, Issue 11394, 3 October 1902, Page 7
Word Count
250Page 7 Advertisements Column 1 Press, Volume LIX, Issue 11394, 3 October 1902, Page 7
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.