Sixth— Th. Accumulated 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 Sbciety amounting to £299,602, irrespective of Bonus additions, while the number expected according to the*JTables used in estimating the liabilities would h.av« been 1143, for an amount of £438,---976, the mortality experience being ". thus extremely favourable. EifiiiTH— The receipts from interest and vents were £516,832, an amount oxeeorlinp: the sum paid for the claims by £138,952. Ninth— The expenses of Management were only 9.5 per cent, of the total receipt;?. Tknth — Tho cash surplus divided for the year 1880 was £426,494, being at tho 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 lias issued 141,907 policies, assuring £49,417,7].7. II has paid to the representatives of deceased, members over £4, M 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, all invested to yield fully 6 pei* eent. interest. Assets Sow Zealand— £l,273,sl4l! EDWABD W. LOWE, Eerident Secretary, Branch Office — Custom House Quay, Wellington ■ FoXTON AOENTS— THYKNE, LINTON & CO. |« » H N A HERN t/ Pegs to announce that he has commences bnsitioss on his own ao* count aR a TBT h e elw x»ign * In those premises lately occupied by Jeukhiß'&ro., Hall Street, -Foxtou. fnits built to any size, and "Buggies nnd Traps " repainted and , varnished on the premises. / ->; AMPBELLTOWN Mr James Canning is acting as my agent for Campelltown and dis. tricOuicl he has author. ty to receive aJ.l ■ subscriptions to paper and to. take instructions lor advertisement and iob printing. EBNiST S. THYNNE, Proprietor Manawatu Herald. Central Hotel, Next to the Theatre Boyal, THE SQUARE, ; PALMERSTON NORTH MAURICE CEONIN, (Late of the Cricketers' Arms Hotel x Wellington,) HA.S taken over the above Hotel, and hopes to receive the same patronage bestowed upon Mr Car 1 rnody. Meals for early and late trains. Ales, Beetß, Wines, and Spirits of the Best Brands .. >: Only kept in stock. First-class accommodation for Permnnent Boarders and the Travelling Public. I0 H N Tl7 ESTWOOD, BLAOKSJ^ICH akd SHOER. HALL ( STREET, FOXTON. All kinds of executed «ith dp.G|)t».t'Rh and care> . .
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Manawatu Herald, Volume III, Issue III, 21 January 1892, Page 1
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407Page 1 Advertisements Column 4 Manawatu Herald, Volume III, Issue III, 21 January 1892, Page 1
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