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AUSTRALIAN MUTUAL PROVIDENT SOCIETY. THE FIFTY-FIRST ■. ANNUAL REPORT, JUST ISSUED, ' DISCLOSE. :- 1. An increase in the NEW BUSINESS for tho year of £168,602 2. An inoreaßO in the ACCUMULATED FUND of 895,691 3. An inoreaae in the ANNUAL INCOME of 9^.650 4. An increase in the amount of ANNUAL CASH BONUS 0f ... 20,440 5. A net gain in business in forco of 9013 policies assuring 2,162,038 Dnringthe year 15,238 NEW POLICIES were issued, being the LARGEST N.MBEB yet written by the Sooiety in any one year. ' The NEW ABSURANCEB issued amounted to £3,955,685, a sum IN EXCESS of that granted in any year since 1891. The TOTAL ASSURANCES in force (inoluding Bonus additional now amouut to £51,343,821. The NET INCREASE to tho volume of business in forco is THE LARGEST in any year since 1891, ,The ACCUMULATED FUND amounts to £16,074,740, and the ANNUAL INCOME to £2,259,357. The BESEBVE aot apart for the possible DEPRECIATION of SECUBITIEB nowstandß at £268,692. ■ The DIVISIBLE SURPLUS for the yeaf amounts to £506,182, yleliing BEVEBSIONABY BONUSES of about £642,500. : The DEATH CLAIMS for tho year were exceptionally favorable, while tho EXPENSES of MANAGEMENT were very moderate. BBANCH DESECTORSThe Hon. Morgan S. Grace, M.D,, 0.M.01 M.L.C. (Chairman) The Hon. Charlos J. Johnston, M.L.C. (Deputy Chairman) Alfred de Bathe Brandon, Esq.. The Hon. Edward Biohardson, C.M.G. John Duncan, Esq. EDWABD W. LOWE, BESIDENT SECRETARY. BBANCH OFFICECUSTOM HOUSE QUAY, WELLINGTON. ffirteU. _ pEUBBION HOTEL NAFIEB FIBST CLABS ACCOMMODATION TOB _. TOUBISTS, FAMILIES, AND COMMEBOIAL MEN. 8. CHABLTON Proprietor CAELTON OLUB, HASTINGS, j 'pUMILY AND COMMERCIAL HOTEL P. GrOEMAU Fko.mhtob STOBTFOBD LODGE HOTEL HASTINGS. Good Boomß, both Privato and Public The Beat- House in the City ot the Plains foi Soenery. ALF. ELLINGHAM Is Always in Charge KILL WEED, A FLUID to Destroy all kinds of Noxious Weeds, inoluding BLACKBEBBY, BBIAB, AND GOBSE. 1 part of the Preparation to 40 parts of water. One Drenohing will Destroy the Largest Bl_o_beiry, Briar, or Gone Bush. It has been proved, and now tbat it Ib on the market no farmer should be without it. Sold in One and Fire Gallon Drums, with fall directions on eaoh drum. Easily applied and Cheap. Manufactured by ' |JOHN PABKEB AND CO., NAPIEB. MUBBAY, BOBEBTS AND CO., Sole Agents for Hawko's Bay. 601

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https://paperspast.natlib.govt.nz/newspapers/HBH19000616.2.51.11.5

Bibliographic details

Hawke's Bay Herald, Volume XXXV, Issue 11563, 16 June 1900, Page 6

Word Count
376

Page 6 Advertisements Column 5 Hawke's Bay Herald, Volume XXXV, Issue 11563, 16 June 1900, Page 6

Page 6 Advertisements Column 5 Hawke's Bay Herald, Volume XXXV, Issue 11563, 16 June 1900, Page 6