Fixth— The Accumulated Fund was in" creased during the year by the sum o* £742,3X1 equal to TX per cen* of the gross premiums received. SeVHNTji— 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 XX43, for an amount of £438,---97Sj the mortalityjexperience being thus extremely favourable. Eightii— The receipts from interest and rents were £516,832, an amount exceeding the sum paid for the claims by £138,952. NrtfTH— The expenses of Management were only 9.S 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 X4X,907 policies, assuring £49,417,717. It has paid to the representatives of deceased members over £4,---000,000 in satisfaction of dtalh anp matured claims. It has divided among the members < ash bonuses aggregating over £4,000,000, yielding reversionary additions of over £8,000,000. It has acquired an Accumulated Fund of £9,000,000, sa.ll invested to yieldL ffialiy © per cent. interest. / PFfts New Z a1and— £1,273,514 EDWAKD W. LOWE, Rksidext Skcretary. Branch Office — Custom House Quay, Wellington. Foxton Agf.stb— THYNNE, LIXTON & CO. B. F. BARBER, EfIGINI ER, and GENERAL BLACKSMITH. MAIN Sn.EETT .. FOXTON. A GOOD SHOER KEPT, FLAXMII LEES can have all repairs execu cd quickly and at Reasonable Prices. 1 nek ing, Red and White Lead, and Insertion kept in stock. Tii-ing Cut and Screwed. A cent Fob THOMAS P 0 WICK'S Excelsior Fkx Stripper. Central Hotel, Next to tub Theatre Royal, THE SQUARE, ! PALMERSTON NORTH MAURICE CRONIN, (Late of the Cricketers' / rms Hotel We'lington,) •/ HAS taken ovtr the above Hotel, and licpcs to receive the same patronage bestuwed upon Mr Car tnody. Meals for early and late trains. Ales, Beers, Wines, and SpiviLts of the Best Brands Only kept in stock. First-class accommodation fos Permanent Boarders and t'lo Travelling Tublic. "y in ITOH ET T WOIDSWORIH STRFET WELLINGTON. Maker of all Kinds of Dog Carts Buggits .* pring Tiaps Express Waggons c-pring Drays Tip Drays Pole Drayp, Business Carts J. F. will be happy to famish prioei for auy vehicle on application by poßti a\\ Work BWVWiUcdi
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https://paperspast.natlib.govt.nz/newspapers/MH18910514.2.2.4
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Manawatu Herald, Volume III, 14 May 1891, Page 1
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394Page 1 Advertisements Column 4 Manawatu Herald, Volume III, 14 May 1891, Page 1
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