Sixth— Th<!lAoonmulated 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 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.' Etdßta— 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 re* cejpts. 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 Sooiety during the 41 years of its existenoe may be summarised as under — It has issued 141,9Q7 policies, assuring £49,417,717. It has paid to the 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 aoquired an Accumulated Fund of £9,000,000, CbU Invested to yield fully 6 pei* cent. intevest. Assets New Zea1and— £1,273,5145 EDWAED W. LOWE, Resident Secretary. Bbanch Office— Custom House Quay, Wellington Foxton Agentb--THYNNE, LINTON & CO. ]« . H N A H ER N v — legs to announce that he has commenced business on his own account as a IHT la eelinr right In those premises lately occupied by Jenkins & Co., Hall Street, Foxton. Carts built to any size, and Buggies nnd Traps repainted and varnished on the premises. pAMPBELLTOWN Mr James Tanning is acting as my agent for Campelltown and dis. trict, aud hejias authority to receive a)l subscriptions to paper and to take instructions lor advertisements aud job printing. ERNiST S. THYNNE, Proprietor Manawatu Berald. Central Hotel, Next to hue Theatre Royal, THE SQUABE, PALMERSTON NORTH MAURICE CRONIN, (Late of the Cricketers' A rms Hotel Wellington,) HA.S takeD over the above Hotel, and hopes to receive the same patronage bestowed upon Mr Car* inody. Meals for early and late trains. Ales, Beera, HiTineß, and Sjpix»its of the Seat Brands Only kept In stock. First-class accommodation for Per rnnnent Boarders and tho Travelling Public. |0 H N TIT ESTWOOD, BLACKSMITH and gHOER. HALL STREET, FOXTON. • All kind* of Klfttkstaitbing §xc*
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Manawatu Herald, Volume III, Issue III, 28 January 1892, Page 1
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402Page 1 Advertisements Column 4 Manawatu Herald, Volume III, Issue III, 28 January 1892, Page 1
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