AUSTRALAN MUTUAL PROVIDENT SOCIETY HOLDS THE WOBLD'3 RECORD FOR LARGEST BONUSES. TJESULTS TAKEN FROM THE FIFTY-THIRD REPORT. NEW POLICIES—I4,BS7 completed, assuring ... ... £3,753,064 • POLICIES IN F0RCE—169,307, assuring £49,366,565 Exclusive of Bonus Additions, amounting to ... ••• £9,638,798 ANNUAL INCOME FROM PREMIUMS & INTEREST is now £2,432,482 THE FUNDS OF THE SOCIETY now amount to ... ... £17,864,514 . DEATH & MATURED CLAIMS paid since establishment ... £12,340,602 CASH PROFIT—The amount of profit available for Division amongst the members, after making exceptional Reserves is £538,725 An amount greater than that distributed by the Society in any previous 1 year, and over 313r per cent of the Premiums received during the year, IT WILL PROVIDE REVERSIONARY BONUSES, amounting to £1,000,000 EXPENSES—The percentage of expenses to total receipts was only B£. VALUATION—The standards of valuation are more severe than those employed by any other Mutual Office transacting business in New Zealand. EXISTING BUSINESS ON THE NEW ZEALAND BRANCH REGISTER, 28,196 policies assuring £7,709,232 INCREASE IN THE ACCUMULATED FUNDS (one year) ... £834,668 INCREASE IN THE ANNUAL INCOME (one year) ... £87,659 INCREASE IN CASH BONUS for Triennium against previous Triennium £229,900 NET GAIN IN BUSINESS IN FORCE, 7753 Policies, assuring £1,659,800 INTEREST RECEIPTS exceeded amount paid in DEATH CLAIMS by £113,761 DIRECTORS OF THE NEW ZEALAND BRANCH:—The Hon. Morgan S. Grace, M.D., C.M.G., M.L.C. (Chairman); The Hon. Chas. John Johnston, M.L.C. (Deputy Chairman); A. de B. Brandon, Esq.., the Hon. E. Richardson, C.M.G., John Duncan, Esq. EDWARD W. LOWE, Resident Secretary. NEW ZEALAND BRANCHCUSTOMHOUSE QUAY, WELLINGTON. REID AND GRAY, THE LEADING IMPLEMENT IMANUFACTURERS. "EUREKA"f,GRAIN, TURNIP AND MANURE DRILLS. "MAST" IS .jiH^l. "EUREKA" IS AMERICAN ooI°NIAL DRILL \/jHHil|Bii|i|MeHW^y^ DRILL - "MAST" American Grain and Manure Drills, with Turnip Feed.:? DISC HARROWS AND CAMBRIDGE ROLLERS, with wooden or steel frame 3. Any sizes. CULTIVATORS, WINDMILLS, HARROWS, SEEDSOWERS, and all kinds of Farm Implements. SOLE AGENTS FOR— Burrell's Traction Engines and Clayton and Shuttleworth's Threshing Machinery. Hornsby Ackroyd Oil Engines. REID AND GRAY, PALMERSTON NORTH AND DUNEDIN. AGENTS FOR MARLBOROUGH ... ... LEVIN & CO., Ltd. DISTRICT REPRESENTATIVE F. C. COX. H. E. SHACKLOCK, MAKER OF THE CELEBRATED PATENT "ORION" COOKING RANGE. ~„,, rTIHEY will burn Lignite, true Coal* [ , Aor Wood up to 24 inches long. I t v The flues are all self-contained, and j , need no setting. Can be worked in a ( g^=*. chimney or with stove-pipe. The oven ' LroJ bottoms heat well; good bread bakers. IpHfl Very suitable for shepherds' huts, •■•"■■>•- tO sheep stations, farms, hotels, and /jaiismjji'iii'ii in in s "s^ss dwelling-houses. (wLj . ■ *L~~^ SINGLE & DOUBLE OVENS. a i j . r^gnaar Over 27,000 of these Ranges in us© in % " M I— New Zealand. ! p^p|||r rv@s^~^> These Ranges are guaranteed to be nil Huwti? eKji i "^—^~^-^ Xlhaft, is said of them in the Catalogue. j33|| ! P MADE IN ALL SIZES. !^—l-^ZZ^SSa HIGH OB LOW PBESSTOIE BOILERS FITTED. ««.«»» wmam. s o id by a ii Ironmongers. Catalogues on application to maker and patentee: H. E. SHACKLOCK, LIMITED, SOUTHEND FOUNDRY, PRINCES STREET, DUNEDIN. SYRACUSE SPRING-TOOTH HARROWS ARE mHE "OESTI RE J_HE _DeST9, 15, 17, and 25 Teeth—Loose Points, With or without Wheels ana Seat. THE MOST SUCCESSFUL IMPLEMENT OF RECENT YEARS. BOOTH. MACDONALD AND CO.. LTD.. OHRISTOHURCH. CORRY AND CO. - - Blenheim.;, IP you lose anything, ADVERTISE in the MARLBOROUGH EXPRESS. Sixteen Words for One Shilling.
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Bibliographic details
Marlborough Express, Volume XXXVI, Issue 146, 25 June 1902, Page 1
Word Count
534Page 1 Advertisements Column 3 Marlborough Express, Volume XXXVI, Issue 146, 25 June 1902, Page 1
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