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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. Seventh — The deaths among lives assured were 649 under 735 policies, causing claims upon the Society amounting to £299,602 i 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 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 cash 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<sl«3l fully © per cent, interest. / ssets New Zealand— £l,273,sl4 EDWAED W. LOWE, Resident Secretary. Beanch Office— Custom House Quay, 'Wellis&gt o i& Foxton Agents— THYNNE, LINTON & CO. R. H. BARBER, ENGINIER, and GENERAL BLACKSMITH. MAIN Srr<EET~ . . FOXTON. A GOOD SHOER KEPT, TnLAXMILLERS can have all re■E pairs execu'ed quickly and at Reasonable Prices. T ncking, Red and White Lead, and Insertion kepi instoclr. Piping Cut nnd Screwed. Agent For THOMAS POWIOK'S Excelsior Flax Stripper. Central Hotel, Next to the Theatre Royal, THE SQUAEE. PALMERSTON NORTH MAURICE CRONIN, (Late of the Cricketers' A rms Hotel Wellington,) HA.S takeD 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, a.xid Spirits ofthe Best Brands Only kept in stock. First-class accommodation for Per* manent Boarders and the Travelliug Public. ~j Tfl ITCH ET T WOBDSWORTH STREET WELLINGTON. 1 Maker of all Kinds of Dog Carts Buggies r Spring Traps 1 Express Waggons coring Drays | " Tip Drays Pole Drays, Business Carts J. F. will be happy to furnish prices for any vehicle on application ,• by post. Al "Work guaranteed.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/MH18910822.2.2.4

Bibliographic details
Ngā taipitopito pukapuka

Manawatu Herald, Volume III, Issue III, 22 August 1891, Page 1

Word count
Tapeke kupu
394

Page 1 Advertisements Column 4 Manawatu Herald, Volume III, Issue III, 22 August 1891, Page 1

Page 1 Advertisements Column 4 Manawatu Herald, Volume III, Issue III, 22 August 1891, Page 1

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