Sixth — The Accumulated Fund waffi increased during the year by the silt of 43742,31.1 equal to "71 percent of the gross premiums received. Seventh— 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 liabilities would have been 1143, foivan amount of £438,---876, 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 summarised as under — It has issued 141,907 policies, assuring £49,417,717. 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 «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 yi©l«3L jftally © 3?ea? cent. interest. /ssets New Zealand— £l,273,sl4 EDWAED W. LOWE, Eesident Secretary. Branch Office — Custom House Quay, Wellington FOXTON AOENTB— THYNNE, LINTON & CO. R. F. B AEBER, ENGINTER, and GENERAL BLACKSMITH. MAIN STPEEfT" . . FOXTON. A GOOD SHOEB KEPT, ■j^LAXAIILLEItS enn have all re- •*- pairs executed quickly and at Bon son able Prices. T aching, Bed and White Lead, and Insertion l'.epl in stock. Piping Out and Screwed. Agent Fon THOMAS P 0 WICK'S Excelsior Flax Stripper. Central Hotel, Next to tub Theatre Royal, THE SQUAEE, PALMERSTON NORTH MAURICE CRONIN, (Late of the Cricketers' Arms 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, Wines, and Spiritsoftheßeßt ERtfßnCllS ■ Only ss:ei3>* i» stock. First-class accommodation for Permanent Boarders and the Travelling Public. __ j -p ITOH ET T "WORDSWORTH STREET WELLINGTON. 0 Maker of all Kinds of 5 Dog Carts Buggies ir ?>pring Traps 3 » Express "Waggons e-pring Drays 11 * Tip Drays Pole Drays, Business Carts J. F. will be happy to furnis prices for any vehicle on applicatio t« by post. All Work gitarnnteed.
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Manawatu Herald, Volume III, Issue III, 20 August 1891, Page 1
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394Page 1 Advertisements Column 4 Manawatu Herald, Volume III, Issue III, 20 August 1891, Page 1
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