111 Mo^^.^'B ™ AUSTRALIAN MUTUAL PROVIDENT SOCIETY HOLDS THE WORLD'S RECORD POR LARGEST BONUSES. RESULTS TAKEN FROM THE 53rd REPORT. NEW POLICES— I4,BS7 completed, assuring £3,753,064 POLICIES IN FORCE-169,3ff7, assuring * £49;366,565 Exclusive of Bonus Additions, amouunting to ... £9,638,798 ANNUAL INCOME FROM PREMIUMS and INTEREST is now £2,432,482 THE FUNDS OF THE SOCIETY now amount to £17 864,514 . DEATH AND 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 m any previous year, and over 34£ 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 Bs. VALUATION The standards of valuation are more severe than those employed by any other Mutual Office transacting business m New Zealand. • EXISTING BUSINESS OF THE NEW ZEALAND BRANCH REGISTER, 28,196 policies, asuring v ... £7,709,232 . INCREASE, IN THE ACCUMULATED FUNDS (one year) ... £834,668 INCREASE IN ANNUAL INCOME (one year) ... £87 659 INCREASE IN CASH .BONUS for Triennium against previous Triemiiuni ; ... ... ... £229,900 NET GAIN IN BUSINESS IN FORCE 7753 Policies, assuring ... £1,659,800 INTEREST RECEIPTS exceeded amount paid m 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 Brandon, Esq., the Hon. E. Richardson, C.M.G., John Duncan, Esq. •• 1 \' EDWARD W. LOWE, Resident Secretary. NEW ZEALAND BRANCHCUSTOMHOUSE QUAY, WELLINGTON. LOCAL AGENTS : WILLIAMS AND KETTLE, LTD. \ ; ■• ■ j ... '.Li... "... ....,,. : ' ■- || • Proved by experience. lij I Three-quarters of a century before ' || the Public and constantly growing 1 | 1 , m appreciation . ||| {58 is to-day The Standard Cocoa of ill H the World. Exquisite m flavor, || Jill highly nourishing and refreshing, HI experience proves it.to.be . ' * .■> ■j|| ' I The Best of all Cocoas. ilj fSHIERLAW AND^Qr^UR SHIPMENT OF WOOLLENS NOW TO HANI V^ Specially Selected for ' . GISBORNE ' REQUIREMENTS. BUSINESS, t ' HOLIDAY, and HOLIDAY, and • . COUNTRY. WEAR. COUNTRY WEAB. A REMARKABLY FINE SELECTION! f\VB, AIM is to supply the BEST MATERIALS, CUT/ \J WORKMANSHIP, and the BEST VALUE. pRICES FROM.... YQS UPWARDS ZE ALANDI A SHIRTS. pERFEOT IN TUT I "VTEWEST T\ESIGNS ! AND jgEST JJ^ATEBIALH XJ BED * TATEST gTYLES IN rpENNIB QHIRTS. PABTICULAR ATTENTION GIVEN TO DRESSED GOODS. ' SHIRTS caa be MADE TO ANY PATTERN, to fit any man. SOLD BY ALL MERCERS AND STOREKEEPERS, Who ore supplied with Forma to take Measurements for Special Orderi. > ARCH. CLARK AND SONS, L**™^ MANUPACTUBEBS,V AUCKLAND, GISBORNE, NAPIER, WELLINGTON WANGANUI, NEW PLYMOUTH. AND HAWKE'S BAY. <■ Bahincf Powder t
ED. WIIiLIAMS. gADDLBR AND QARNIgS J(AEB», QLADSTONI *OA» QISBORNB (Oppo»iU tbt Union Bank of Anatrtlid.) BNVELOPfS ALL SIZES, AND QUALITIM. At " HERALD" OWTOJt.
THE TANGYE_OIL ENGINE. WHAT WE CLAIM— This Engine Stands Unequollod for Economical Working. Simplicity and Fewness of Parts. Is not dependent on Pump or Fans for Starting. The Wages of an Attendant dispensed with. Can.be Started m Ten Minutes. Under One Pint of Oil per b.p. Consumed. ' MADE BY BRITISH LABOR IN BRITISH WORKSHOPS. A CHILD COULD WORK IT. , Sole Representative for New Zealand: J. CHAMBERS AND SON, LIMITED, AUCKLAND. Gisborne Agents : DAVYB AND THDEID. 685
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/PBH19030120.2.42.6
Bibliographic details
Poverty Bay Herald, Volume XXX, Issue 9644, 20 January 1903, Page 4
Word Count
528Page 4 Advertisements Column 6 Poverty Bay Herald, Volume XXX, Issue 9644, 20 January 1903, Page 4
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