Pixth — The Accumulated Fund was in* creased during the year by the sum of £742 9 311 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 £289,602, 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 yield fully 6 per cent. interest. / ssets New Zealand— £l,27B,sl4 EDWAED W. LOWE, Eesidekt Secretary. Branch Office — Custom House Quay, ifiTellington Foxton Agents— THYNNE, LINTON & CO. R. H. BABBER, ENGINFER, and GENERAL BLACKSMITH. MAIN STEBETT" . . FOXTON. A GOOD SHOER KEPT, T7ILAXMILLERS can have all re- •*- pairs execuied quickly and at Reasonable Prices. Tacking, 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 SQUABE, PALMERSTON NORTH MAUBICE CEONIN, | (Late of the Cricketers' Arms Hotel Wellington,) HAS taken over the above Hotel, and hopes to receive the same patronage bestowed upon Mr Car inody. | Meals for early and late trains. Ales, Beevs, Wines, £vn.d SjpixJ-i-ts ofth© Best Brands Only kept in stock. First-class accommodation for Permanent Boarders and the Travelling Public. y in I T~G~ll ET T WOKDSWORTH STREET WELLINGTON. Maker of all Kinds of Dog Carts Buggies spring Traps Express Waggons spring Drays Tip Drays Pole Drays, Business Carts J. F. will be happy to furnish prices for any vehicle on application by pest. *U WwU guaranteed*
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Manawatu Herald, Volume III, Issue III, 1 October 1891, Page 1
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391Page 1 Advertisements Column 4 Manawatu Herald, Volume III, Issue III, 1 October 1891, Page 1
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