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IALIAN iDF.NI SOCIETY. Fixth — The Accumulated Fund was in' el-eased during the year by the sum o 1 £742,311 equal to T-L per cent of the gross premiums received. Seveni_i— The deaths among lives assured were 649 under 735 policies, causing claims upon the Society amounting to '£2299,602, irrespective of Bonus additions, while the number expected according to the Tables used in estimating the liabilities would have been 11 43, for an amount of £438,-S-7G, tho 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)052* Ninth— The expenses of Management were only 9.5 per cent, of the total receipts. Tenth— Tbe 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 14_1,907 policies, assuring £49,417,-71-7. It has paid to the representatives of deceased members over £4,---000,000 in F-atisfnction of death an-i matured claims. It has divided among tho members i ash bonuses aggregating over £4,000,000, yielding re-v-rsionary additions of over £5,C00,000. It has acquired an Accumulated Fund of £0,b00,000, all i_o.-_resT_e(_a. to yiolci fffc-My 6 _ocx? oeM.*. i___4<_3_?<as-fc. / sects New Zealand— £l,273,sl4 EDWARD W. LOWE, Resident Secretary. BnANcn Office — Custom House Quay, TCrelli-ngto n Foxton Agents— THYNNE, LINTON & CO. E. H. BARBER, ENGINTER, and GENERAL BLACKSMITH. MAIN STREET : . . FOXTON. A GOOD SHOER KEPT, FLAXMII.LKRS can have all repairs executed quickly and at Rensonahle Prices. 1 acking, Red and White Lead, and Insertion kepi in stock. Piping Cut and Screwed. Agent For THOMAS POWICK'S Excelsior Flax Stripper. Central Hotel, Next to tue Theatre Royal, THE SQUARE, PALMERSTON NORTH MAURICE CRONIN, (Late of the Cricketers' /. rms Hotel Wellington,) HAS taken over the ahove Hotel, and hopes to receive the same patronage hestowed upon Mr Car rnody. Meals for early and late trains. Ales, Beers, lZiris_.es, £t,xid S_p£x>its of tlie Best _3_t?£M_-Ciß Only kept in steel-:. First-class accommodation for Permanent Boarders and tho Travelling Public. j pI T CHE T T WOIiDSWOR'.H STRFET W l-LLINGTON. Maker of all Kinds of Dog Carts Buggies .** pring Traps Express Waggons tDiing Drays Tip Drays Pole Drays, Business Carts J. F. will be happy to furnish prices for auy vehicle on application by post. All Work gnarnnlocdi

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/MH18910613.2.2.3

Bibliographic details
Ngā taipitopito pukapuka

Manawatu Herald, Volume III, 13 June 1891, Page 1

Word count
Tapeke kupu
399

Page 1 Advertisements Column 3 Manawatu Herald, Volume III, 13 June 1891, Page 1

Page 1 Advertisements Column 3 Manawatu Herald, Volume III, 13 June 1891, Page 1

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