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fHE COLONIAL MUTUAL LIFE ASSURANCE SOCIETY, LIMITED. SPECIAL FEATURES OF THE DIRECTORS' REPORT OF THE JUBILEE YEAR OF THE SOCIETY, PRESENTED AT THE ANNUAL MEETING, HELD ON WEDNESDAY, 38th MAY, 1924, AT THE OFFICES OF THE SOCIETY, No*. 419 and 421, COLLINS STREET, MELBOURNE. ORDINARY DEPARTMENT, NEW LIFE ASSURANCE business transacted, over £2,880,000. ADDITION TO LIFE ASSURANCE FUND/ over £394 000, AVERAGE RATE OF INTEREST over all investments, £5 os 8d per cent. (after deduction of Income Tax on Interest). " PREMIUM INCOME FOR THE YEAR, £714,978. " INTEREST INCOME, £3IJ ,676. ' CLAIMS BY DEATH, £219,969, ' . BONUSES (EVERY YEAR A BONUS YEAR).—Surplus for the year, £O3l 803 (increase of £32,531 over last vear). For Life Assurance and Endowment Assurances Bonuses ranging from £2 per cent, for policies of short duration, rising to £6 per cent, for policies qf longest duration. *or Pure Endowments the Bo»ua r»to is £1 7s 6d P.ev cent. ,„•.,£« This scale of Bonus is tiie highest declared during the Society s nlty years, of existence, INDUSTRIAL DEPARTMENT. NEW BUSINESS TRANSACTED, 37,930 policies, assuring £1,725,762 an increase of over £565,000 as compared with last year. PREMIUM INCOME amounted to ever £252,243. ADDITIONS TO FUNDS for the year, over £129,000. CLAIMS BY DEATH, £13,058 a- reduction in the mortality rate as compared with last year. . „...„ BONUSES.— Snrplns for vear, £41,463 (an increase of over £6OOO as compared with last year). This enables Reversionary Bonuses to be increased 3j> per cent, over last year. Bonuses declared range from £2 per cent, to las percent, according to duration. u ~ _. ... NURSING SERVICE.—This is proving most successful. The service is m operation in all the Capital Cities of Australia and New Zealand, and in some other fqwr.s. Expert advice to sick policyholders is greatly appreciated. ' HEALTH LITER ATU HE.—This free service to policyholders is being appreciated more and more; 1,148,000 leaflets on health subjects have been distributed. ACCIDENT AND SICKNESS DEPARTMENT. NEW ASSURANCES amounted to over £575,000. PREMIUM INCOME, £18,946. CLALSiS, £5980. SURPLUS FOR YERA'S OPERATIONS, £6488. BONUS—£2 10s par cent, added to all benefits. An increase of 10s per as compared 'with last year. COMBINED DEPARTMENTS. NEW POLICIES ISSUED DURING THE YEAR ... 47 793 ASSURING ■■• ••• ••• ••• ... £o,182,»oo " TOTAL INCOME FOR THE YEAR 1923 ... ~. 1,3,61 >> 573 TOTAL FUNDS AT 31st DECEMBER, 1923 ~1/2,153 THE SOCIETY'S ARMY OF POLICYHOLDERS NOW NUMBERS OVER 200,00 Q. HEAD OFFICE FOR NEW ZEALAND—CUSTOMHOUSE QUAY, WELLINGTON. DIRECTORS—J. B. HARCOURT, Chairman GERALD FITZGERALD ALEXANDER MACINTOSH RIGHT HON.. W. F- MASSEY, PC A. H. JOHNS, A.1.A., Resident Secretary.

E. O. *. BARRISTER & SOLICITOR, THE SQUARE. rONEYTOLEND ON FREEHOLD SECURITY. LOWEST CURRENT RATES. /-I LEAR OIGHT Means Quick Thought, and the Ability to Think Quickly Brings Success. CONSULT R. A: N° E DL ' OPTICIAN, BROADWAY. OuAKLEY, "BARRISTERS AND SOLICITORS. MONEY TO LEND at Lowest Current Rates on Town and Country Securities. J. P. INNES, Notary Public. OWARD . P HILLIPS, PIANOFORTE TUNER. 0"« YEARS WITH FIRST-CLASS &L PIANO FIRMS. 15 Bryant Street, Palmerston North (Phone 6462). IFFORD MOORE, ONGLEY, AND TREMAINE, BARRISTERS AND SOLICITORS, Palmerston North. Money to Lend on Approved Securities at Current Rates. 31a RANGITIKEI STREET, Palmerston North. P4&KEB JfOB MEAT. ITIARKER'S BUTCHERY, corner Ward and Featherston Streets, has a reputation to maintain. That is why customers get First Quality Meat always. Please Phone 6198 and allow us to enrpl you as a customer. S.S. "KENNEDY" ' I Leaves (circumstances permitting). It oads at Wellington for J FOXTON, Tuesday. LYTTELTON FOR FOXTON, Monday, 16th inst. Phone 5550, Agents tv Palmerston North. GOLDINGHAM & BECKETT, LTD., Feikling. HODDER AND TOLLEY, LTD., LEVIN AND CO., LTD., Foxton and Wellington. rnHE NEW ZEALAND SHIPPING X COMPANY, LIMITED. Direct Line to the United Kingdom. Large Modern Twin-screw Passenger Steamers, , Steamers with unsurpassed accommodation : ■»» Steamer From About RIMUTAKA Wellington July 5 fROTORUA Wellington June 23, 3 p.m. RUAPKHU Wellington July fREMUERA Wellington Jul; 26. *Qll fuel. Proceeding via PANAMA CANAL. tCalls at Pitcairn Island, subject to weather conditions permitting. Return tickets are interchangeable with P. and O. and Orient Lin© (via Suez), O, P. and O. and Orient Lines (via Suez.C, America) or Aberdeen and Blue Funnel Lines (via South Africa). For further particulars apply BARRAUD AND ABRAHAM, Ltd., Palmerston North. Dannevirke, Feilding. , OYAL MAIL SERVICE TOr ALL AMERICAN PORTS AND BRITISH ISLES, VIA SAN FRANCISCO. REGULAR MONTHLY SAILINGS, Dates and Fares on application to the Agents—M. A. ELIOTT, LTD., Palmerston North, or WION STEAMSHIP CO. of N.Z., Ltd.

AOOBS AND /~i RANT, BARRISTERS AND SOLICITORS. MONEY TO LEND at Lowest Current Raten. National Bank Buildings (Upstairs), RANGJTIKEI STREET 7 Pajjnernton North. . O B I N XT 0 O D, "" V REGISTERED ARCHITECT, 26 Rangitikei Street. Box 364. Phone 6038, PF P "CI LETCHER, BARRISTER AND SOLICITOR, National Bank Buildings (Upstairs). Money to Lend in sums to suit borrowers. Lowest current rates. RANGITIKEI STREET, Palmerston North. (Ernst V. West, A.N.Z.1.A.) YI7EST & CION, L. G. W REGISTERED ARCHITECTS, 24 KING STREET Phone 235. CHIROPRACTIC. 'F your health is not what it should bo investigate this scientific Treatment. WILLIAM C. LAWSON, Chiropractor (Palmer Graduate), 47 Broadway, Palmerston North, and at Baiu's Buildings, Feilding. Consultfttion Free. Pnone 6178. WALLPAPER I WHAT A SURPRISE! IHIS is exactly what you will say _j. when you see the beautiful assortment of New English Wallpapers we ure showing. A surprise because oi the new decorative en'ects made from Wallpapers—a surprise to know how very small is the cost of such decorations —but how big the surprise will be when you see -these hung, and what a be&utitul borne our Wallpapers have made you. WAJRD BROS SURPRISE WALLPAPERS, fp Cuba Street. DON'T IUR YOUR WINTER EVENINU THROUGH EYE STRAIN! THOSE pleasurable hours in a cosy chair in front of u, big fire with a book—are yours to enjoy if your ey«s don't worry you. «SEE" US ABOUT YQUR VISION, Qur business is to correct eyesighl defects, thereby helping you to LOOK riaUt pud *'EEL li^ht. Cur special service assures patrons lajtui" eye comfort at a minimum coat OUR SPECIALTY. Test m by tettmg 1W test your eyea j.B. CERRAND& SONS, LTD,, • gauaro, Paim«;«toa North,

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/MS19240611.2.20.1

Bibliographic details

Manawatu Standard, Volume XLIV, Issue 1039, 11 June 1924, Page 4

Word Count
1,004

Page 4 Advertisements Column 1 Manawatu Standard, Volume XLIV, Issue 1039, 11 June 1924, Page 4

Page 4 Advertisements Column 1 Manawatu Standard, Volume XLIV, Issue 1039, 11 June 1924, Page 4