?ixth— The Accumulated Fund was in" creased during the year by the sum o^ £3742, 311 equal to Tl 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, irrespective of Bonus additions, while the number expected according to the Tables used in estimating the liabilities would have been 1X43, for an amount of £438,---976, the mortality experience being thus extremely favourable. Eighth— The receipts from interest and rents were £5X6,832, 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 summar ised as under — It has issued 141,907 policies, assuring £49,417,717. It ha* paid to the representatives of deceased members over £4,---000,000 in satisfaction of death nnp matured claims. j It lias divided among tho members I i ash bonuses ng«regating over I £4,000,000, yielding reversionary additions of over £8,000,000. It has acquired an Accumulated Fund of £9,000,000, all in-vested to yield fully 6 pel? cent, interest. srets New Zealand— £l,273,sl4 EDWARD W. LOWE, Resident Secretary. i Biuncji Office— Custom House Quay, Wellington. Foxton Agents — ' | THYNNE, LINTON <t CO. ; E. H. BAEBBR, 1 ENGINI ER, and GENERAL [ BLACKSMITH. ■ MAIN STI EEfT" . . FOXTON. A GOOD SHOER KEPT. TT^LAXMII LERS enn have all reJP pairs execu ed quickly and at 1 Reasonable Prices. I acting, Bed and Wbite Lead, and Insertion lsept in stock. Piling Cnt and Screwed. Aoent Fob THOMAS POWICK'S Excelsior Fkx Stripper. Central Hotel, Next to the Theatre Royal, THE SQUARE. PALMERSTON NORTH MAURICE CRONIN, (Late of the Cricketers' / rms Hotel I We.lington,) ' TJ AS takcD over the above Hotel, M and hopes to receive the samia patronage bestowed upon Mr Car* uiody. Meals for early and late trains. Ales, Beers, Wines, and spirits of the Best Brands Only Kent in &tock. First-class accommodation for Permanent Boarders and the Travelling iublic T^ITGHETT WOi'DSWORIH STREET WILLINGTON. a Maker of all Kinds of Dog Carts 5t Buggies B t pring Tiaps ' Express Waggons m coring Drays >d Tip Drays Pole Drays, Business Caxts J. F. will bo happy to furnish prices for any vehicle on application A f by poet. All Work guaranteed.
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https://paperspast.natlib.govt.nz/newspapers/MH18910509.2.2.3
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Manawatu Herald, Volume III, Issue III, 9 May 1891, Page 1
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411Page 1 Advertisements Column 3 Manawatu Herald, Volume III, Issue III, 9 May 1891, Page 1
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