AUSTRALIAN MUTUAL PROVIDENT SOCIETY HOLDS THE WORLD'S RECORD FOR LARGEST BONUSES. RESULTS TAKEN FROM THE 53rd REPORT. NEW POLICES— I4,BS7 completed, assuring ... £3,763,064 POLICIES IN FORCE-169,307, assuring fW&oo^S Exclusive of Bonus Additions, amou-inting 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 84. VALUATION The standards of valuation are more severe than those ej^ ployed by any other Mutual Office transacting business m New Zealand. EXISTING BUSINESS OF THE NEW ZEALAND BRANCH REGISTER, 28,196 policies, asuring £7,709,252 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 ' Triennium £229 900 NET GAIN IN BUSINESS IN FORCE 7753 Policie^ assuring '.V. £1,659!800 INTEREST RECEIPTS exceeded amount paid m DEATH ' ' CLAIMS BY ... ... £ii3, 76 i. DIRECTORS OF THE NEW ZEALAND BRANCH :— The Hon. Morgan S. Grace, M.D., C.M.G., M.L.C.,; Chairman ; the Hon. Chas. John Johnstoii ML.C., Deputy-Chairman; A' De Brandon, Esq., the Hon. E. Richardson} CM. Or., John Duncan, Esq. EDWARD W. LOWE, Resident Secretary. NEW ZEALAND BRANCHCUSTOMHOUSE QUAY, WELLINGTON. LOCAL AGENTS: WILLIAMS AND KETTLE, LTD. I The Rfi^t Vfiiiif 1 1 |!=j| Thrifty housewives— ladies who Study =H raj economy and can appreciate a good g| HP t article— buy Van Houten's Cocoa, because 3l pjj they have proved from experience that it =| JjU to not only the finest m quality but the " |ji Hga most economical m use. It Is as nourish- jlm pj| Ing as it is delicious. . lj| M Don't forget Co order a Tin and try It for yourself. @| SHIERLA W AND COQUR SHIPMENT OF WOOLLENS NOW TO HANL >• Specially Selected for GISBORNE REQUIREMENTS. BUSINESS, ' , HOLIDAY, and HOLD3AY, and COUNTRY WEAR. COUNTRY WEAR. A REMARKABLY FINE SELECTION ! fXUB, AIM is to supply the BEST MATERIALS, OCT, V/ WORKMANSHIP, and the BEST VALUE. , pRICES FROM., 70 S UPWARDS ' ZEALANDIA SHIRTS. pERFEOT IN JHT ! J^EWEST RESIGNS ! AND jgEST ||£ATEKIAIiB -JJSED. J^ATEST gTYLES IN rpENNIS gHIRTS. PARTICULAR ATTENTION GIVEN TO DRESSED GOODB. SHIRTS can be MADE TO ANY PATTERN, to-fit any man. SOLD BY ALL MERCERS AND STOREKEEPERS, A Who are supplied Afith Forma to take Measurement* for Special Orderi. ARCH. CLARK AND SONS, L* 4 ™* MANUFACTURERS, AUCKLAND, GISBORNE, NAPDDR, WELLINGTON WANGANUI, NEW PLYMOUTH, AND HAWKE'S BAY. mi mimn« ■ im»iihmi<hmiii— n— — im —mJwujL—^^^ — .^ B^-__ ,soJkjti> the cake 1 . %o\mtifa<k& >{ . iwJIW BQTJERFW iAy -^ —^m J**^ it
THE TANGYE OIL ENGINE. WHAT WE CLAIM— This Engine Stands Unequalled for Economical Working. Simplicity and Fewness of Parts. j I» not dependent on Pump or Fans for Starting. The Wages of an Attendant di«pensed with. Can be Started m Ten Minutes. Under One Pint of Oil per h.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 : DAVYS AND THDRD. j #23 !
Permanent link to this item
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Bibliographic details
Poverty Bay Herald, Volume XXX, Issue 9645, 21 January 1903, Page 4
Word Count
553Page 4 Advertisements Column 5 Poverty Bay Herald, Volume XXX, Issue 9645, 21 January 1903, Page 4
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