Sixth— The lAccumulatcd Fund was in creased during the year by the sum o £742)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 £299,602, irrespective of Bonus additionsj-while the number expected according to the Tables used in estimating the liabilities would have been 1143, for an amount of £438,---97©, 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 £49,4-17,717. It has paid to the representatives of deceased members over £4,---000,000 in Satisfaction of death anp matured ijlaims. It has divided among the members cash bonuses aggregating over £4,000,000, yielding reversionary additioms of over £8,000,000. It has acquired an Accumulated Fund of £9,000,000, all invested to yield fully 6 per cent, interest. j\ ssets New Zealand— £l,273,sl4 EDWABD W. LOWE, Resident Secketaky. BuANcn Office — Custom House Quay, Wellington Foxton Agents— THYNNE, LINTON & CO. TOHNA H E E M v — legs to announce that he hns commenced business on his own ao* count as a IHT ncel wrlgn* In those premises lately occupied \>y Jenkins & Co., Hall Street, Foxton. Cart* huiltto any size, and Buggies imd Traps repainted and varnished on the premises. pAMPBE LL T 0 W N Mr James ''finning is acting as my agent for C'ampelltown arid dis. trict, and he has authority to receive aJI subscriptions to paper and to take instructions ior advertisement s and job printing. ERNi'.ST S. THYNNE, Proprietor Manawatu Herald. Central Hotel, Next to tub Theatre Royal, THE SQUABE, PALMERSTON NORTH MAURICE CRONIN, (Late of tlie Cricketers' Arms Hotel Wellington,) HAS taken over the above Hotel, and hopes to receive the same patronage bestowed upon Mr Car* niody. Meals for early and late trains. Ales, Beers, Wines, stnd &plx»ltB ofthe Best Brands Only Kept in stock. First-class accommodation for Permanent Boarders and the Travelling • Public. £ ■ : TOHN T\7 ESTWOOD BLACKSMITH akd SHOER HALL STREET, FOXTON. All kinds of Mad-smithing cxc
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Manawatu Herald, Volume III, Issue III, 24 November 1891, Page 1
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403Page 1 Advertisements Column 4 Manawatu Herald, Volume III, Issue III, 24 November 1891, Page 1
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