Page 1 Advertisements Column 2

Manawatu Herald, 28 April 1892, Page 1

AUSTRALIAN MUTUAL PROVIDENT SOCIETY. ESTABLISHED 1849. The Oldest Mu'.usl Life Office in Australia. KeM Ztiuland Bram-h : IJead Offic, Cnßtoni-l.cuoe Quay, \Velling! en. LocJ Board of Dirtctojs : The Hor. Morpran S. Grr.cp, M.D.,C.M.G., Al L(\. (Ch>.ii «•«»). CUmtlcb J. Jobs.B <:n, E g. (D. pn'y Chairmai ). ■ . A fre«l tie Ba?be rrcn<Uin, E. q. The Hot!. I'Mwfcid IJichnrdsoi , C.M.G.. W.lilt. Nicholas Ueii', E>q. AJfilical ClTict-r : D . \\\ 0. Keu \\ M.V..C.& (Eiiglanilj. AS L'RE your life i-i the Australian Mntnnl Provident Society, nml spcme an Amrm' Bonus or Div Wen.l a privilege which no other Colonial Life Oilicu c n grant its member.". Be careful th«t you si-kct this Society, and do not be Misled by tho similarity of Name of f-ome of the other younger Australian Offices. The attention of the Members and the Genera' Puh'ic is called to some of the special features connected wilh the c ocu-tv. vl.i; h is th" oldest Colonial Ins'ilntion of ifs kind, having b( en established in the year 1849. The respite of the business for tho Forty-first year, ending 31st December, 1880, may be summarised as nn<?cr . — First— Tho numher of the now policies isfiiod was 11,GG4. Sfcontj -'i he new A snrr.nco 1.-usi-ness effecletl v. as for £3,679,459. 'JniKD- The new Annual Premium Income am run ted to £121, 800. FotruTH — The not increase to the business.- af ler rllowing for loss of income from terminated Policies, wns reprosenlod b> 7028 policies, rißsuring £2,109.109. | Fifth — '1 be opc-r ti* us < f the year : raif-cd the arnual income of ibe ! society fvcm £1 512,280 to £1,G20- j 185, roi i::(rcase in twelve months; of £112,005. Sixth — he accumulated fi.nd was iucrensed (luring the year by tho sum of £742,811, equal to 71 per cent, of tie gross prem'unis received. Seventh — Tlie deaths among: lives assured were C 49 undor7Bs p licio^, ' tnubing cjainis upon thn Society amountihg to £299,002 irrespective of Bonus additions, while the number ex; eete<! according to the Tables us^ in estimating the HaMhti's would liavo been 1143, for r.n amount of £488,97.6, the mortality experience being thus extremely favourable. Eighth — The receipts from interest s:nJ rents were £516,832, au amount .exceeding tbo sum paid for thcc'ain.s % i' 188,952. Ninth— r I he expenses of nianagerocnt w»re only 9.5 per cent, of the total receipt s. Tenth — Tho crsh surp'us divided for the year 18S9 wf.s £420,494, being at the rate of 41 5 per cent, on the premiums received. The operations of the Society during tho 41 years of its existence m»y be summarised as under — It has if siu (l i.41,807 policies, astuiiig £49,417,717. It lias paid (o the i «. present i lives of decfc'Ti <1 rjt.mbcis over £4,G00,GCO iv 8;-tisfnctior. of deuth i-L'd »u.-'C-e>l caimp. , It has difided nniong the mcnibeis eueh lonurcs aggregating over £4,OO©,OCO, vidiiini' revpiFirui ry i<^i:iionß of over £S)OCO,doc. It his Biq>-''rei] an Aonnr. nlateil Kun"! of £9,000,000, all iss^esiGeci to yield tvilly 6 pev cent, interest. ASSETS— New Zealand- £1,273,514. EDWARD W. LOWE, Kesident Secretary. Branch OfficeCustom House Quay, Wellington. Foston Agents — •if!Y:Ni'l UK TON & ' 0.