'ixth — The Accumulated Fund was inf creased during the year by the sum ot £742,311 equal to 71 per cen of the gross premiums received. Seventh — The deaths among lives assured were 649 under 735 policies, causing claims upon the Society amounting to £299,602 i irrespective of Bonus addition* while the number expected according to the Tables used in estimating the liabilities would have been 1143, for an amount of £438,---976, the mortality experience being thus extremely favourable. Eighth— The receipts from interest and rents were £516,832, an amount exceeding the sum paid for the claims by £138,952. Ninth— The expenses of Management were only 9.5 per cent, of the total receipts. Tenth — The cash surplus divided for the year 1889 was £426,494, being at the rate of 41.5 per cent, on the premiums received. The operations of the Society during the 41 years of its existence may he snmraavised as under— It has issued 141,907 policies, assuring £49,417,717. It has j.jiid io t ho representatives of <l» consul members over £4,OOO,CCO in satisfaction of death anp matured claims. It lias divided among the mrmbors • ash bonuses aggregating over £4,000,000, yielding reversionary additions of over £8,000,000. It has nrqnirpd an Accumulated Fund or £9,000,000, all invested to yield fully €> i3ex» cesiii. interest. / spets New Zealand— £l,27il.i)l4 EDWARD AY. LOWE, Rkmpkst Skcretary. Branch Office — Custom House Qu^y, Wellington. FOXTOX AfiFNTS— THYNNE, LINTON A CO. I
B, H. BARBER, ENGINI ER, and GENERAL BLACKSMITH. MAIN STr EET : . . FOXTON. A GOOD SHOER KEPT. FLAXMII LLRS can have all repairs execu'ed quickly and at Reasonable Prices. ' nek ing, Red and White Lead, and Insertion kept in stock. Piping Cut and Screwed. Aoent Fob THOMAS POWICK'S Excelpior Flax Stripper. Central Hotel, Next to the Theatre Royal, THE SQUARE. PALMERSTON NORTH MAURICE CRONIN, (Late of the Cricketers' / rms Hotel , We'lington,) HAS taken ov<r the above Hotel, and hopes to receive the same patronage bestowed npon Mr Carmody. Meals for early and late trains. Ales, Beevs, IRTines, clxicL Spirits of the Best 13F£EL,n<£s Only kept in stock. First-class accommodation for Permanent Bcarders and the Travelling I'ublic y Tp ITCH ET T "WOIDSWOR'H STRIET W LLINGTON. Maker of all Kinds of Dog Carts Buggies : pring Traps Express Waggons c pring Drays Tip Drays Pole Drays, Business Carts J. F. will b« happy to furnish prioes for any vehicle on application by post. All Wc-i-b Gwwftnteodi
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/MH18910210.2.2.4
Bibliographic details
Ngā taipitopito pukapuka
Manawatu Herald, Volume III, Issue III, 10 February 1891, Page 1
Word count
Tapeke kupu
397Page 1 Advertisements Column 4 Manawatu Herald, Volume III, Issue III, 10 February 1891, Page 1
Using this item
Te whakamahi i tēnei tūemi
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.