Sixth— -The Accumulated Fund was increased during tlje year by the sum of 33742,311. ■Jequal to *7Xper cent of the gross preniiums 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 psed in estimating the liabilities would have been 1143, for an amount of £438,---976, the mortality experience being thus extremely fa-vovjrablfy' Eighth— The receipts from interest and rents were £5X6,832, an amount exceeding the sum paid for the claims by £138,952. Nintit— 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 he summarised as under — It has issued; X41,907 policies, assuring £49,41?, ? 71 P 7. It has paid tb the representatives oE deceased over £4,---000,000 in satisfaction of , death anp! matured claims. It has divided among the members cash bonises aggregating over £4,00p,000, yielding reversionary additions of over £8,000,000. It has acquire^ an Accumulated Fund of £9,000,000, all ijttv©i?ifcecs. to yieltf. fully: 6 pei' oexrt« interest. A ssets New Zealand— £l,273,sl4 EDWARD W. LOWE, Eesidkxt Secretary, j Branch Office — : Custom House Quay, Wellington. Foxton Agents--THYNNE, LINTON A- CO. B. F. BAEBER, ENGINEER, and GENERAL ' BLACKSMITH. MAIN STREET : . . FOXTON. A GOOD SHOEB KEPT. T7ILAXMILLERS can have all re- -*- pairs executed quickly and at Reasonable Prices. Peking, Red and White Load, and .Insertion kept in stock. Piping Gilt and Screwed. .A gent For THOMAS POWICK'S Excelsior Flax Htripper. Central Hotel, Next to the Theatre Royal, THE SQUAEE. PALMERSTON NORTH MAURICE CRONIN, (Late of the Cricketers' Arms Hotel Wellington,) HAS takeD over the above Hotel, j and hopes to receive the same patronngG bestowed npon Mr Car mody. Meals for early and late trains. Ales, EBeei?Sj IBTines, nd Bplvtta ofthe Best Oxily Is©!?* ix * stoolc. First-class accommodation for Permanent Boarders and the Travelling Public. _ _______ T^~~~F"~^ CHE T T WORDSWORTH STEEET WELLINGTON. Maker of all Kinds of Dog Carts Buggies ■ spring Traps , .Express Waggons Spring Drays i * Tip Drays 1 Pole Dray?, Business Carts J F will be happy to formal prices for any vehicle on applicatior • by post. All Work guaranteed.
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Manawatu Herald, Volume III, Issue III, 13 October 1891, Page 1
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392Page 1 Advertisements Column 4 Manawatu Herald, Volume III, Issue III, 13 October 1891, Page 1
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