, Frx.n — The Accumulated Fund was in* creased dining 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 W35 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 , 11^3 r fp_.ft)_mtuountof £4_38,- --"•■- £$-7o, 'the mortality experience being thus extremely favourable. Eighth— The receipts from interest and rents were £316,832, an amount exceeding the sum paid for the claims by £138,952. Ninth— The expenses of Management were only 9.5 por 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, £-11 invested to yieldL fully 6 pcs? cent. interest. I ssets New Zealand— £l,27B,sl4 EDWAED W. LOWE, Resioent Secret auy. Bhanch Office — Custom House Quay, Welli-r_.gt o n. Foxton Agents— THYNNE, LINTON & CO. E. H. BAEBER, ENGINl 7 EE, and GENEEAL BLACKSMITH. MAIN STDEEtT . . FOXTON. A GOOD SHOEE KEPT. FLAXMIT.LERS can have all repairs execived quickly and at Reasonable Prices. 1 acking, Eed and White Lead, and Insertion kept in stock." Piping Cnt and Screwed. Agent For THOMAS POWICK'S Excelsior Flax Stripper. Central Hotel, Next to tke Theatre Eoyal* i THE SQUARE, PALMEBSTON NORTH MAURICE CRONIN, (Late of the Cricketers' Arms Hotel Wellington,) HAS taken over the above Hotel, and hopes to receive tha same patronage bestowed upon Mr Car mody. Meals for early and late trains. __les, Beevs, l__Ti_o.es, £uncl S_pivits of tine -Best Brands Only kept in stock. First-class accommodation for Per- , manent Boarders and the Travelling Public. y T^ -^ TCH ETT WOBDSWOBTH STREET WELLINGTON. Maker of all Kinds of Dog Carts Buggies . pring Traps Express Waggons spring Drays Tip Drays Pole Drays, Business Carts J. F. will bo happy to furnish prices for any vehicle on application by post. AU Wovk guarantied. )
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https://paperspast.natlib.govt.nz/newspapers/MH18911003.2.2.4
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Manawatu Herald, Volume III, Issue III, 3 October 1891, Page 1
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395Page 1 Advertisements Column 4 Manawatu Herald, Volume III, Issue III, 3 October 1891, Page 1
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