Fixth — The Accumulated Fund was increased during the year by tho sum of 43742,31.1 equal to 71 per cent of the gross premiums received. Srventh— 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 heen 1143, for an amount of £438,- - 976, the mortality experience being thus extremely favourable. Eighth— The receipts v fr6m '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 1869 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 — Jt has Issued 141,907 policies, assuring £49,417,717. It has paid to the representatives o£ deceased members over £4,---000,000 in satisfaction of death anp matured claims. It has divided among the members rash 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 6 p>ex* cent. interest. / ssets New Zealand— £l,273,sl4 EDWAED W. LOWE, Resident Secretary. Bbanch Office— Custom House Quay, Wellington Foxton Agents— THYNNE, LINTON & CO.
R. H. BARBER, ENGINEER, and GENERAL ' BLACKSMITH. MAIN STREET : . . TOXTON. A GOOD SHOER KEPT. T7ILAXMILLEES enn have all re- •*- pairs execu'ed quickly and at Reasonable Prices. Peking, Red and White Lead, and Insertion kept in stock. Piping Cut and Screwed. Agent For THOMAS POWICK'S Excelsior Flax Stripper. Central Hotel, Next to the Theatre Royal, THE SQUARE, PALMEESTON NORTH MAURICE TJRONIN, (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, Bee*»s, "Wines, and Spirits of the Best Bvands Only Kept in stock. First-class accommodation for Per* roanent Boarders and t\io Travelling Public. y Tp ITOH ET T WORDSWORTH STREET WELLINGTON. Maker of all Kinds of Dog Carts Buggies i-pring Traps Express Waggons Spring Drays Tip Drays Pole Drays, Business Carts J. F. will be happy to furnxßl prices for any vehicle on applioatioj by post, Al Work guaranteed
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Manawatu Herald, Volume III, Issue III, 29 August 1891, Page 1
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391Page 1 Advertisements Column 4 Manawatu Herald, Volume III, Issue III, 29 August 1891, Page 1
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