Fixth — The Accumulated Fund was in' creased dming the year by the sum of £742^311 equal to 71 per cent of the gross premiums received. Seventh — Tho deaths among lives assured were C 49 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 X143, 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 fcr the claims by £138,952. Ninth— The expenses of Management were only 9*5 per cent, of the total receipt*. 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 hns paid to the representatives of deceased members over £4,---000,000 in satisfaction of death anp matured claims. It has divided among the members ■ ash bonuses aXH re K ft 'i n " ovtr £4,000,000, yielding revi rsionary additions of over £8,000,000. It lias acquired an Accumulated Fund of £9,000,000, £ill invested to yiel«l fully 6 tp&z* oe*it. interest. ssets New Zealand— £l,273,sl4 EDWARD W. LOWE, Resident Secbetaiiy. Bbanch Office — Custom House Quay, WellingtonFoxton Agents— THYNNE, LINTON & CO. B. F. BAEBER, ENGINIER, and GENERAL BLACKSMITH. MAIN STREET: .. FOXTON. A GOOD SHOER KEPT. TnLAXMITLIRS can have all reJ- pairs execucd quickly and at Reasonable Prices. 1 aching, Red and White Lead, and Insertion kept in stock. Piping Cut and Screwed. Agent Fob THOMAS POWICK'S Excelsior Flax Stripper. Central Hotel, Next to the Theatre Royal, THE SQUARE, PALMERSTON NORTH MAURICE CRONIN, (Late cf the Cricketers' Arms Hotel Wellington,) HAS taken over the above Hotel, and hopes to receive the same patronage bestowed upon Mr Car rnody. Meals for early and late trains. Ales, Beers, Wines, and Spirits of the Best Brands Only Kept in stoclc. First-class accommodation for Permanent Boarders and t^e Travelling Public. y T^ ITCH ET T WOI'DSWORiH STRFET WELLINGTON. Maker of all Kinds of Dog Carts Buggies f pring Traps Express Wnggons i>pring Drays Tip Drays Pole Drays, Unsiness Carts J. F. will be happy to fnruisl prices for any vehicle on applicatior by posti Al< Work ffUAVntUepdi
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https://paperspast.natlib.govt.nz/newspapers/MH18910523.2.2.4
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Manawatu Herald, Volume III, Issue III, 23 May 1891, Page 1
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398Page 1 Advertisements Column 4 Manawatu Herald, Volume III, Issue III, 23 May 1891, Page 1
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