Pixth— The Accumulated Fund was increased during the year by the sum o) £742,311 equal to 71 per cent -of the gross premiums received. Seventh— The deaths among lives assured were 649 under 733 policies, causing claims upoii the JJwie^y Jantounting to irresp6mtiie 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,---076, 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 tho 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 141,907 policies, assuring £49,417,717. It hns paid to tho representatives of deceased members over £4,---000,000 in satisfaction of . death anp matured claims. It has divided among the members 1 ash bonuses aggregating over £4,000,000, yielding reversionary additions of ovei £8,000,000. It has acquired an Accumulated Fund of £9,000,000, all ixvsres&ec& to yield fully © 13G3? cent. / ssets New Zealand— £l,273,sl4 EDWARD W. LOWE, Resident Secretary, Bhanch Office — Custom House Quay, FOXTON AOENTS— THYNNE, LINTON r /& CO. E. F. BARBER, ENGIN'IET?, and GENERAL BLACKSMT.Tn. MAIN SHEET?" .. FOXTON, A GOOD SHOER KEPT, T^LAXMII LIES enn have all re- •*- piiirs oxecu eel quickly and a I IfofisonallePiices. ' licking. Br-d ainl White Lend, and liisf-nirii J.ept in stock. Tilling Cut and Screwed. .A cent Fob THOMAS POWICK'S Excelbior Fltx Stripper. Central Hotel, Next to ths Theatre Royal, THE SQUAEE, PALMERSTON NORTII MAURICE CEONIN, (Late cf the Cricketers' /rms Hotel Wellington,) HAS taken over the above Hotel, and hopes to receive the same patronage bestowed upon Mr Car* mody. ; Meals for early and late trains. Ales, Beers, IZlTlnes, and Spirits of the Best Brands Only lcept in etccb. First-class accommodation for Per mnnent Boarders and tho Travelling Public. "y Tj> ITOH ETT WORDSWOBTH STEEET WJILLINGTON. Maker of all Kinds of Dog Carts Buggies rpringTiaps Express "Waggons » v piiiiß Drays Tip Drays 1 Pole Draye, Business Carts J. F. will be happy to furoisl prices for any vehicle en application > bypoit, & AU Work guurnntcedi
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Manawatu Herald, Volume III, Issue III, 15 August 1891, Page 1
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389Page 1 Advertisements Column 4 Manawatu Herald, Volume III, Issue III, 15 August 1891, Page 1
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