Ml AUSTRALIAN MUTUAL PROVIDENT- SOCIETY HOLDS THE WOKLD'S RECORD FOR LARGEST BONUSES. RESULTS TAKEN FROM THE 63rd REPORT. NEW POLICES— I*I,BS7 completed, assuring ... £3,753,064 POLICIES IN F0RCE— 169,507, assuring £49,366,565 Exclusive of Boreas 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 Tlhj 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 in 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 B£. V (3 VALUATION The standards of valuation are more severe than those em- W ployed by any other Mutual Office transacting business in New Zealand. EXISTING BUSINESS OF THE NEW ZEALAND BRANCH REGISTER, 28,196 policies, asuring ... £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 • Triennium ... £229,900 NET GAIN IN BUSINESS IN FORCE 7753 Policies, assuring ... £1,659,800 INTEREST RECEIPTS exceeded amount paid in DEATH CLAIMS BY £113,761 k : s DIRECTORS OF THE NEW ZEALAND BRANCH:— The Hon. Morgan S. j Grace, M.U., 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. EDWARD W. LOWE, Resident Secretary, r NEW ZEALAND BRANCH— CUSTOMHOUSE QUAY, WELLINGTON. LOCAL AGENTS : WILLIAMS AND KETTLE, LTD. 7 * EXQUSSSTE IN FLAVOR. | Highly concentrated, perfect in solubility, H r ! heace the most nourishing and easily digested. S3 w 88 ' : ■ is a perfect beverage, light -and delicate, I invigorating and sustaining. It is easy to make, and cheaper in use than any other. Ri■ • ' ■ . Best & goes farthestSHIERLAW2_AND COr\UR SHIPMENT OF WOOLLENS NOW TO HANI. KJ Specially Selected for GISBORNE REQUIREMENTS. BUSINESS, BUSINESS, HOLIDAY, and HOLIDAY, and ' COUNTRY WEAR. A REMARKABLY FINE SELECTION! ' * /~VUR AIM is to supply the BEST MATERIALS, CUT, \J WORKMANSHIP, and the BEST VALUE. PRICES FROM ;""70 S UPWARDS ZEALAJSTDIA SHIRTS. pERFECT IN T?IT ! "^EWEST RESIGNS ! AND gEST J^ATERIALB ■JJSED. T ATEST gTYLES IN »JiENNIB gHIRTS. *> ' PARTICULAR ATTENTION GIVEN TO DRESSED GOODS. SHIRTS can be MADE TO ANY PATTERN, to fit any man. J ' SOLD BY ALL MERCERS AND STOREKEEPERS, Who are supplied with Forms to take Measurement* for Special Orden. w ARCH. CLARK AND SONS, U" I™*1 ™* MANUFACTURERS, AUCKLAND, GISBORNE, NAPIER. WELLINGTON WANGANUI, NEW PLYMOUTH. AND HAWKE'S BAY. Do you know Satisfaction ?.. * I BHave you ever enjoyed its presence ? If you haven't let me recommend to you row, Bflßpr k co/s ■■;-■ BUTTERFLY TEAS i j YOU WILL KNOW and ENJOY IT THEN. '
THE TANGYE OIL ENGINE. s WHAT WE CLAIM— f This Engine Stands Unequalled for 8 Economical Working. Simplicity and Fewness of Parts. la not dependent on Pump or Fans I for Starting. The Wages of an Attendant dispensed with. Can be Started in Ten Minutes. Under One Pint of Oil per h.p. Consumed. . MADE BY BRITISH LABOR IN BRITISH WORKSHOPS. A CmLD COULD WORK IT. Sole Representative for New Zealand : J. CHAMBERS AND SON, LIMITED, f, AUCKLAND. Giaborne Agent* : DAVYS AND TmRD. • SB
Permanent link to this item
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Bibliographic details
Poverty Bay Herald, Volume XXX, Issue 9646, 22 January 1903, Page 4
Word Count
542Page 4 Advertisements Column 6 Poverty Bay Herald, Volume XXX, Issue 9646, 22 January 1903, Page 4
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