Sixth — The Accumulated Fund was increased during the year by the sum cf £742,311 equal to *7X per cent of the gross premiums received. Seventh— The deaths among lives assured were 649 under "735 policies, causing claims upon the Society amounting to £259,602 i irrespective of Bonus additions, while the number expected according to the used in estimating the liabilities would have been IK&3, for an amount of £438,---976, the mortality experience being thus extremely favourable. Eighth— The receipts from interest and rents were £513,832, 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 be summarised as under — It has issued 141,907 policies, assuring £49,417,717. It lias y.nid to the representatives of deceased members over £4,GOO,OOO in satisfaction of death anp matured claims. J It has divided among the members j i a?h bonuses aggregating over I £4,000,000, yielding re-vr-vsionnry additions of over £5,000,0C0. It has acquired an Accumulated Fund of £9,000,000, all ixv*restes«3. to yield ftally © gsev o©w/t. in.-fceires't. / sects New Zealand— £l,273,sl4 EDWARD W. LOWE, Resident Secretary. Bhaxcii Office — Ciastorai House Quay, inrellington. ! FOXTON AOENTS— | THYNNE, LINTON * CO. B. H. BikEBER, ENGINIER, and GENERAL BLACKSMITH. MAIN STI EET : . . FOXTON. A GOOD SIIOER KEPT, Tj^LAXJIII LERS can have all re- •*- pairs cxecired quickly and at Reasuialle Prices. ' aching, Red and White Lead, and Insortioii kepi in slock. lining Cut and Screwed. .Agent For THOMAS P 0 WICK'S Excelsior Flax Stripper. Central Hotel, Next to the Theatre Royal, THE SQUARE. PALMERSTON NORTH MAURICE CRONIN, (Late of the Cricketers' / rms Hotel Wellington,) HA.S taken ovtr the above Hotel, and li^pes to receive the same patronage bestowed upon Mr Car mody. Meals for early and late trains. Ales, Beers, Wines, ctncl Spirits of the Best Brands Only kept in stock. First-class accommodation for Per* manent Boarders and the Travelling Public j TfiITCHETT WO b DSWOR'I H STREET W ISLINGTON. Maker of all Kinds of Dog Carts Buggies !■ pring Traps Express Waggons Spring Drays Tip Drays Pole Drays, Business Carts J. F. will be happy to furnish prices for any vehicle on appb'cation by poßt, All HVoi'tf pRWUSSdi
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Manawatu Herald, Volume III, 30 April 1891, Page 1
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397Page 1 Advertisements Column 4 Manawatu Herald, Volume III, 30 April 1891, Page 1
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