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Sixth — Th. Accumulated Fund was in creased during the year by the sum o £742,311 equal to m per cen* of the gross premiums received. Seventh— The deaths among lives assured were 649 under 735 policies, causing claims upon the Society amounting to .6299,602, 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,---97©, tlie 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 per ceut. of the total re. cejpta. Tenth— The cash surplus divided for the year 1889 was £426,494, being at the rate of 41.5 per ceut, on the premiums reoeived. The operations of the Society during the 41 years of its existence may be summarised as under— It has issued 141,907 polioies, assuring £49,417j717. It has paid to tlie 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, a.ll invested to yield fully 6 per cent, interest. Assets New Zealand— £l,273,sl4 EDWARD W. LOWE, Resident Secretary, Branch Office — Custom House Quay, Wellin gt on Foxton Agents — THYNNE, LINTON & CO. ]OHN A H ER N V Tegs to announco that he has commenced business on his own ao* count as a W Jxeelwr-ign-L. In those premises lately occupied try Jenkins & < 0., Hall Street, Foxton. ( artK built to auy size, "and Buggies mid Traps repainted and varnished on the premises. /CAMPBELLTOWN Mr James Tanning is acting as my agent for Campeiltown and dis. trict, and he has authority to receive a.U subscriptions to paper and to take instructions ior advertisements and job printing. ERNi ST S. THYNNE, Proprietor Manawatu Herald. Central Hotel, Next to tub Theatre Royal, i THE SQUARE, ! PALMERSTON NORTH MAURICE CRONIN, (Late ofthe Cricketers' Arms Hotel Wellington,) HAS takon over the ahove Hotel, aud hopes to receive the same patronage bestowed upon Mr Car* mody. Meals for early and lato trains. Ales, Beers, 18-Tines, -Emd Spirits ofthe Best * Brands Only Kept in stock. First-class accommodation for Permnnent Boarders and the Travelling ' Public. j JOHN UTESTWOOD, BLACKSMITH akd SHOER. HALL STREET, FOXTON. All kinds of hlaoksmithing eK«' ' MUftd wuh dcspulch fthd f'»U*c«

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/MH18911208.2.2.4

Bibliographic details
Ngā taipitopito pukapuka

Manawatu Herald, Volume III, Issue III, 8 December 1891, Page 1

Word count
Tapeke kupu
407

Page 1 Advertisements Column 4 Manawatu Herald, Volume III, Issue III, 8 December 1891, Page 1

Page 1 Advertisements Column 4 Manawatu Herald, Volume III, Issue III, 8 December 1891, Page 1

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