Y ( ) R SALE. One < ROSSLEY G\S ENGINE, H Xominal H P One \DY\NCE" O\h ENdTNE :H HP "()nf W\TI R MOTOR. Apph Frke La\< a. Oflice.
AUSTRALIAN MUTUAL PROVIDENT SOCIETY HOLDS THE WORLD'S RECORD FOR LARGEST BONUSES. RESULTS TAKEN FROM~rHE FIFTY-THIRD REPORT. NEW POLICIES— I4,So7 completed, assiumg .. .. •■ •• £3,753,064 POLICIES IN FORCE- 1<)9,307 assunng .. •• ■ •• i4!),36(j,565 E\chw\e ot Bonus Additions, amounting to .. .. •• •■ £!),(>38,790 \NNUAL INCOME FROM PREMIUMS AND INTEREST is now - £2,432,482 THE FUNDS OF THE SOCIETY now amount to - . • • • • £17,8b4,514 DEATH AND MATURED CLAIMS paid since establishment .. .. £12,;U0,M)2 CASH PROFIT— The amojnt ot Piofit available toi Division amongst _ the Membeis, attei making exceptional Reserves, is . • •• £53*/An amount greatei than than that distnbuted by the Soeietj in any pi evious yeai, and o\ei 34 ', pei cent ot the Premiums leeeived during the yeai IT WILL PROVIDE REVERSIONARY BONUSES amounting to .. tl 000 001 EXPENSES— The peicentage ut expenses to total leceipts was only B^. \ ALUATION— The standards ot valuation aie moie seveie than those employed bj anj othei Mutual Omee tiansacting business in New Zealand. EXISTING BUSINESS ON THE NEW ZEALAND BRANCH REGISTER, •is rib policies, assui ing - •• •• •• •• 17, 70!), '-3' INCREASE IN THE ACCUMULATED FUNDS (one yeai) . . • £«34,bW INCREASE IN ANNUAL INCOME (one year) . . . . • • • • , *;?A'on INCREASE IN CASH BONUS foi Tnennium against pi evious Tnennium. . t'2'2 »,M NET GAIN IN BUSINESS IN FORCE, 7,753 Policies, assui ing .. .. tl.bsU,Boi INTEREST RECEIPTS exceeded amount paid m DEATH CLAIMS by . . £113 7b DIRECTORS OF THE NEW ZEALAND BRANCH . The Hon Moigan S Giace, M.D, C M.G , M.L.C., Chanman; the Hon Cbas Joh, Johnston, M.L C. Deputy Chanman ; A. de B. Brandon, Esq , the Hon. E. Ricn.utlsor C M G , John Duncan, Esq EDWARD W. LOWE, Resident Secietai\ NEW ZEALAND BRANCHCUSTOMHOUSE QUAY, WELLINGTON
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https://paperspast.natlib.govt.nz/newspapers/NZFL19020524.2.24.2
Bibliographic details
Free Lance, Volume II, Issue 99, 24 May 1902, Page 20
Word Count
288Page 20 Advertisements Column 2 Free Lance, Volume II, Issue 99, 24 May 1902, Page 20
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