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AUSTRALIAN MUTUAL PROVIDENT SOCIETY Holds the World’s Record for Largest Bonuses. RESULTS TAKEN FROM THE FIFTYFOURTH REPORT. •0NEW POLICIES—IS,S9I completed, assuring POLICIES IN FORCE-176,815, assuring .. . Exclusive of Bonus Additions, amounting to .. ANNUAL INCOME FROM PREMIUMS AND INTEREST is now .. THE FUNDS OF THE SOCIETY now amount to ... DEATH AND MATURED CLAIMS paid since establishment £8,702,576 £50,763,590 £10,048,346 £2,523,650 £18,779,113 £13,289,835 CASH PROFIT—Tim amount of Profit available for DP vision amongst the Members after making exceptional Reserveis .. .. '.. •• . £558,868 An amount greater than that distributed by the Society in any previous year, and over S4s per cent, of the Premiums received during the Yctlii • ( IT WILL PROVIDE REVERSIONARY BONUSES, amounting to over £1,000,000 EXPENSES—The percentage of expenses to total receipts was about 8f VALUATION—The standards of valuation am more severe than those employed by any other Mutual Office transcting business in New Zealand. EXISTING BUSINESS ON THE NEW ZEALAND BRANCH REGISTER, 29,544 policies assuring ... £8,015,240 INCREASE IN THE ACCUMULATED FUNDS (one year) ... ... .. ... £914,599 INCREASE IN ANNUAL INCOME (one year) ... £91,168 INCREASE IN CASH BONUS (one year) ... ... £20,148 NET GAIN IN BUSINESS IN FORCE, 7508 Policies, assuring ... ••• ••• £1,397,025 INTEREST RECEIPTS exceeded amount paid in DEATH CLAIMS by ... £184,908 Directors of the New Zealand Branch The Hon. Charles J. Johnston, M.L.0., Chairman ; A. De B. Brandon, Esq. Deputy Chairman, The Hon, E. Richardson, C.M.G.t John Duncan, ESII ' EDWD. W. LOWE, Resident Secretary. New Zealand Branch: Customhouse-quay, Wellington.

M ANAWATU QARRIAQE FACTORY, RangifcikeLstreet, Palmerston N. Vehicles of every description on sale and built to order. All work guaranteed. "Wheels Tyred while you wait by the latest Improved Machinery in the world. JOHN BETT, PROPRIETOR. A. N, GIBBONS. Cordial Manufacturer. PALMERSTON' NORTH. ALL kinds of Cordial and Mineral Waters freshly made and delivered free. For prices and particulars apply to B, SPELMAN, Foxton. C. DAHL, IMPORTER & MANUFACTURER Palmerston North. In stock and made to order TENTS, Tarpaulins, Rick and Waggon Covers, Waterproof Sheets, Horse and Cow Covers, Oilskin Clothing, Ropes, Twines. Any of the above lines, which are excellent value, can be obtained either through your storekeeper or direct from the Manufacturing Depot, Palmerston North.

Remedy for Sleepless Nights. -BUY ' . ONE OF Malcolm and Wilton’s CLEAN AND HEALTHY Kapoc Beds and Matt passes. NOTE THE ADDRESS— Malcolm S fion, THE CHEAPEST AND RELIABLE HOUSE FURNISHERS, PALMERSTON N. UNDERTAKER. T BEG to notify that my NEW 1 HEARSE is now completed, and can be obtained on very able terms. Funerals conducted promptly and carefully. ANDREW JONSON, Undertaker, Avenue Road Foxton. ERNEST BALL, HAIBDBESSER, &c. MAIN-STREET, FOXTON. Up to date Hairdressing A SPECIALTY.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/MH19030711.2.2.4

Bibliographic details

Manawatu Herald, 11 July 1903, Page 1

Word Count
425

Page 1 Advertisements Column 4 Manawatu Herald, 11 July 1903, Page 1

Page 1 Advertisements Column 4 Manawatu Herald, 11 July 1903, Page 1

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