BUSINESS NOTICE. AUSTRALL_N MUTUAL PROVIDENT SOCIETY. IHE FIFTY-FIRST ANNUAL REPORT, JUST ISSUED, DISCLOSES — 1. An increase in tie NEW BUSINESS for the year o! ._ £168,602 2. An increase in the ACCUMULATED FUND ot ._ .- 89 _»5§i 3. An increase in the ANNUAL INCOME _f ... .« Q?. 6^ 4. An increase in the amount of ANNUAL CASH BONUS of .-, 26>44g 5. A net gain in business in force of 9013 policies assuring _- 2,102,088 During the year 15,238 NEW POLICIES were issued, being the LARGEST NUMBER yet written by the Society in any one year. __._«. The NEW ASSURANCES issued amounted to £3,955,685, a sum IN EXCESS Ot that granted in any year since 1891. The TOTAL ASSURANCES in force (including Bonus additions) now amount to £54,343,821. __,. The NET INCREASE to tlie volume of business in force is THE LARGEST m any year since 1891. ._.-,-,__■•■- The ACCUMULATED FUND amount- to £16,074,740, and the ANNUAL INCOME to £2 259 357 The RESERVE set apart for the possible DEPRECIATION of SECURITIES now stands at £266,692. ___- The DIVISIBLE SURPLUS for the year amounts to £506,182, yielding REVI-K.- SIONARY BONUSES of about £942,500. _~ __ The DEATH CLAIMS for the year were exceptionally favourable, whue the EXPENSES of MANAGEMENT were very moderate. BRANCH DIRECTORS:—The Hon. Morgan S. Grace, M.D., C.M.G., M.L.C. (Ohair. man); the Hon. Charles J. Johnston, M.L.C. (Deputy Chairman); Alfred de Bathe Brandon, E-q.; the Hon. Edward Richardson, C.M.G.; John Duncan, Esq. EDWD. W. LOWE, Resident Secretary. Branch Office—Customhouse Quay, Wellington. JAMES HAIR, District Secretary. District Office—Christchurch. t WOLFE'S UHVARYIKCIH QUALITY <J <► A Qtcer-ng: Co-__al that <► i| SCHNAPPS. R l_;__ J X>*** Ki I



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