f^lXTH— The Accumulated Fund was ia* creased during the year by the sum o* £742,311 equal to 71 per cen l of the gross premiums received. Seventh — Thi deaths among lives assured were 649 under 738 policies, causing claims upon the Society amounting to £209,602, irrespective of Bonus additions, while the number expected according to the Tables used in estimating the liabilities would have be«n 1143, for an amount of £438,---976, the mortality experience being tlius extremely favourable. Eiqiith— The receipts from interest and rents were £816,832, an amount exceeding the sum paid for the claims by £138,082. Ninth— The expense*, of Management wert only O.S per cept. of the total receipts. Tenth — The cash surplus divided for the year 1889 was £426,494, being at the rate of 41.8 per cent, on tht premiums received. The operations of the Society during the 41 years of its existence may be summar ised as under — It has issued 141,007 policies, assuring £40,417,717. It hag pnid to the representatives of deceased memhers over £4,---000,000 in satisfaction of tit ath anp matured claims. It has divided among the membert • ash bonuses aggregating over £4,000,000, yielding re* . vivionarv additions of over £8,000,000. I It has acquired an Accumulated Fund of £0,000,000, all invested to yield fully 6 per cent. I interest. Fs-cts New Zealand— £l,273,sl4 EDWARD W. LOWE, Resident Secretary. i I Branch Office — I Custom Houae Quay, j Wellington. Foxton Agents— | THYNNE, LINTON & CO. R. F. BOBBER, ENGINiER, and GENERAL ' BLACKSMITH. MAIN Sll EET : ,.' . . FOXTON. s A GOOD SHOER KEPT, FLAX Mil Ll-RS enn have all repairs execu ed quickly and at Revs. -ntiUe Prices. 1 acting, Red and White Lead, and Insertion kept in stock. Piling Cut and Screwed. A cent Fob THOMAS POWICI'S Excelsior Flax Stripper. Central Hotel, Next to the Theatre Royal, THE SQUARE. PALMERSTON NORTH MAURICE CRONIN, (Lat« of the Cricketers' / rins Hotel We lington,) HAS taken over the above Hotel, and Ik pcs to receive tha same patronage besti wed upon Mr Car* mody. Meals for early and late trains. Ales, Beei* s, Wines, and Spirits ofthe Best Brands Only lce_p* in £tcok. First-class accommodation fo Permanent Boarders and the Travelling lubhc. y Tj*. ITCII ET T WOI DSWOR H STRFET W i LLINGTON. Maker of all Kinds of Deg Caits Bnggii-s • pring Tiaps Expre-s Wnggons coring Diays Tip Drays Pole Drays, P usiness Carts J. F. will bd happy to furnish prioes for any vehicle on application by post, 1 «\H Work suiw-arUtwl.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/MH18910512.2.2.3
Bibliographic details
Ngā taipitopito pukapuka
Manawatu Herald, Volume III, 12 May 1891, Page 1
Word count
Tapeke kupu
415Page 1 Advertisements Column 3 Manawatu Herald, Volume III, 12 May 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.