Pixth — The Accumulated Fund was increased during the year by the sum of 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, irrespective of Bonus additions, while the number expected according to the Tables used in estimating the liabilities would have been 3.H<&3» 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 5.5 per cent, of the total receipt.-?. 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 lias pnid 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 £5,000,000. It has acquired an Accumulated Fund of £9,000,000, all ixi^resifcecl to yiel«3L f«aliy 6 pei« cent. interest. / ssets New Zealand— £l,273,sl4 EDWARD W. LOWE, Resident Secretary. Branch Office — Custom Kovuse Quay, IRTelllKiLgt © n Foxton Agents— THYNNE, LINTON & CO. B, F. BERBER, ENGINI ER, and GENERAL BLACKSMITH. MAIN Sfi EET : . . FOXTON. A GOOD SHOER KEPT, Tf LAX MILLERS can have all re- -^ pairs oxecu ed quickly and at Reasonable 3 5 rices. 'I aching, Red and White Lead, and Insertion kept in stock. - Piping Cut and Screwed. .Aoext For. THOMAS P 0 WICK'S Excelsior Flax Stripper. Central Hotel, Next to the Theatre Royal, THE SQUARE, 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 rnofly. Meals for early and late trains. Hies, Seers, Wines, £trt<l S^jix-its of tin© Best Brands Only Ke^Jt in stock. First-class accommodation for Permanent Boarders and tfie Travelling Public. ~j ttTTt CHE T T WORDSWORTH STREET WELLINGTON. Maker of all Kinds of Dog Carts Buggies ? prmg Tiaps Express Waggons tpriug Drays Tip Drays Pole Drays, Business Carts J. F. will bo happy to furnish prices for aoy vehicle on application by post, Ai Wort pnrftatted.
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Manawatu Herald, Volume III, Issue III, 19 September 1891, Page 1
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398Page 1 Advertisements Column 4 Manawatu Herald, Volume III, Issue III, 19 September 1891, Page 1
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