I ALI AN IDENT SOCIETY. , Sixth— The Accumulated Fund was in creased during the year by the sum o £74_3,311 equal to 71 per een of the gross premiums received. Seventh— The deaths among lives assurec were 649 under 735 policies, causing claims upon the Society amounting tc £299,602, irrespective of Bonus additions, while the number expected according to the Tables used in estimating the liabilities would have been 1143, 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 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 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 i 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, all invested to yield fully 6 per cent. interest. / ssets New Zealand— £l,273,sl4 EDWARD W. LOWE, Resident Secretary. Branch Office— Custom. -House Quay, Foxton Agents — THYNNE, LINTON & CO. B. H. BARBER, ENGINT-ER, and GENERAL BLACKSMITH. MAIN STBEEtT" .. FOXTON. A GOOD SHOER KEPT. FLAXMILLERS can have all repairs execu' ed quickly and at Reasonable Prices. I aeking, 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 tub Theatre Royal, THE SQUAEE, PALMEBSTON NORTH MAURICE CRONIN, (Late ofthe Cricketers' Arms Hotel Wellington,) HAS takon over the above Hotel, and hopes to receive the same patronage bestowed upon Mr Car mody. Meals for early and late trains. Ales, Beers, Wines, And Spirits ofthe Best Brands Only kept in Etock. First-class accommodation for Per manent Boarders and tbe Travelling Public j TmITCHETT WObDSWOR 1 H STREET WI' LLINGTON. - Maker of all Kinds of Dog Carts Buggies r . pring Traps • Express Waggons (.pring Drays 1 Tip Drays * Pole Drays, Business Carts J. F. will be happy to fnrnis! prices for any vehicle on applicatio: .. by post, All Work guaran I cod.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/MH18910604.2.2.4
Bibliographic details
Ngā taipitopito pukapuka
Manawatu Herald, Volume III, 4 June 1891, Page 1
Word count
Tapeke kupu
399Page 1 Advertisements Column 4 Manawatu Herald, Volume III, 4 June 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.