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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,

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https://paperspast.natlib.govt.nz/newspapers/CHP19021003.2.46.1

Bibliographic details

Press, Volume LIX, Issue 11394, 3 October 1902, Page 7

Word Count
250

Page 7 Advertisements Column 1 Press, Volume LIX, Issue 11394, 3 October 1902, Page 7

Page 7 Advertisements Column 1 Press, Volume LIX, Issue 11394, 3 October 1902, Page 7