Sixth — The Accumulated Fund was increased during the year by the sum of £742,311 equal to "71 per cent of the gross premiums received. SEVEtoTii—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 lia^lilies 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 £51@,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. Tenm — The bash surplus divided for the year 1889 was £426,494, being nt 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 141,90*7 policies, assuring £4:9,<4:17 9 717. It has 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 © pex* c©M.t. interest. / sects New Zealand— £l,273,sl4 EDWARD W. LOWE, Resident Secretary. Biunch Office — Custom House Quay, inrellington Foxton Agents — THYNNE, LINTON * CO. B, H. BERBER, EKGINTEB, and GENERAL BLACKSMITH. MAIN SrHEET: .. FOXTON. A GOOD SHOER KEPT. T^LAXMII.LERS enn liavo all re- -^- pniis oxecu ed q\iiokly and at Rcfistnable Prices. i ticking. Red and White Lend, and Insertion kept in stock. Piping Cut and Screwed. Agent Fob THOMAS POWICK'S Excelsior Flex Stripper. Central Hotel, Next to the Theatre Royal, THE SQUARE, PALMEBSTON NORTH MAURICE CRONIN, (Late of the Cricketers' A rms Hotel Wellington,) HA.S taken over the above Hotel, and hopes to receive the same patronage bestowed upon Mr Car* rnpdy. Meals for early and late trains. j^les, Beers, Wines, ftn a Spirits of the Best Brands Only kept in stock. First-clasa accommodation for Per* mauent Boarders and the Travelling Public. j -p ITCH ET T WOBDSWOETH STEFET WELLINGTON. Maker of all Kinds of Dog Carts Buggies Spring Traps Express Waggons Spring Drays Tip Drays Pole Drays, Business Carts J. F. will be happy to furnish prices for any vehicle on application by post. All Work guaranteed.
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Manawatu Herald, Volume III, Issue III, 11 August 1891, Page 1
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394Page 1 Advertisements Column 4 Manawatu Herald, Volume III, Issue III, 11 August 1891, Page 1
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