. Sixth — The PAccumulatcd Fund was in creased during the year by the sum o i J3 742, 31.1 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 £299,6025, 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 summar ised 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 olaims. ; It has divided among the members cash bonuses aggregating over £4,000,000, yielding reversionary additions of over £3,000,000. It has acquired an Accumulated Fund of £9,000,000, all invested to yield, fully 6 pel? centi interest. /. ssets New Zealand— £l,273,sl4 EDWABD W. LOWE, Resident Secretary. Biuxch Office — Custom House Quay, inrelllx>ont Foxton Agents— THYNNE, LINTON & CO. TOHNA H E R N t/ — Tegs to announce that he has commenced business on his own ao* count as a ISTlieelwrigl** Tll those premises lately occupied "by Jenkins & Co., Hall Street, Foxton, < art* Imilt to any size, and Buggies i'nd Traps repainted and varnished on the premises. /-^AMPBELLTOWN Mr James Canning is acting as my agent for Campelltown and dis. trict, aud he has authority to receive a?l subscriptions to paper and to lake instructions lor advertisemen s and job printing. EENiST S. THYNNE, Proprietor Mannwatu Herald. Central Hotel, Next to tub Theatke Boyal, THE SQUAEE, PALMEESTON NOETH MAURICE CRONIN, (Late cf thfi Cricketers' Arms Hotel Wellington,) ' HAS takeD over the above Hotel, and hopes to receive the same patronage bestowed npon Mr Car mody. Meals lor early and late trains. Ales, Beers, ISTines, axidL Spirits of the Best ]BZ>Ct>XB.CI.S Only l*ei?t ixx stock. First-class accommodation for Permanent Boarders and tbe Travelling " Public. t JOHN UTESTWOO D, BLACKSMITH akd SHOER HALL STEEET, FOXTON. All kinds of Blacksmithing cxc ,' «.-utcd vuli (Uspnteh avirl cnre» 1
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/MH18911114.2.2.4
Bibliographic details
Ngā taipitopito pukapuka
Manawatu Herald, Volume III, 14 November 1891, Page 1
Word count
Tapeke kupu
409Page 1 Advertisements Column 4 Manawatu Herald, Volume III, 14 November 1891, Page 1
Using this item
Te whakamahi i tēnei tūemi
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.