Sixth— Th-SAccumukted Fund was in creased during the year by the sum o £742 9 311 equal to 71 per cen of the gross premiums received. Seventh— The deaths among lives assnre< were 649 under 735 policies, causing claims upon the Society amounting t< £209,602, irrespective of Bonn; additions, while the number expectec according to the Tables used in esti mating the liabilities would have beer 1143, for an amount of £438,---976, the mortality experience beinf thus extremely favourable. Eighth — The receipts from interest and rents were £516,832, an amounl exceeding the sum paid for the claims by £138,952, NrNTtt^-The expenses of Management Were only 9.5 per cent, of the total receijpts, Tenth— The cash surplus divided for the year 188!) 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 — Tt Ims issued 141,907 policies, assuring £49,417,717. It has paid to the representatives of deceased mombers over £4,---000,000 i Q 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 i>ex« cent. interest. Assets New Zealand— £l,273,sl4 EDWAED W. LOWE, Resident Secretary. Branch Office — Custom House Quay, Wellington Foxton Aoents— • THYNNE, LINTON & CO. , JOHN A fl B R » 1/ Tegs to announce that he hns commenced business on hie own ao* count as a IRTHeelwYlghib • In those premiseß lately occupied ty Jenkins & Co., Hall Street, Foxton. ravts built to any size, and Buggies imd Traps repainted and varnished on the premises. nAMPBELLTOWN Mr Jamesf Canning is acting as my agent for Campelltown and dis. tvict, and he has authority to receive all subscriptions to paper and to take instructions for advertisements and job printing. EENiST S. THYNNE, Proprietor Manawatu Herald. Central Hotel, Next to the Theatee Boyal, THE SQUABE, PALMERSTON NORTH MAURICE CRONIN, (Late of the Cricketers' Arms Hotel Wellington,) HAS taken over the above Hotel, and hopes to receive the same patronage bestowed upon Mr Car 1 inody. Meals, for early and late trains. Ales, Beers, TflTines, and Spirits oftlie Best Brands Only kept in stock; First-class accommodation for Permanent Boarders and tbe Travelling Public. I 0 H N TIT BSTWOOD BLACKSMITH and SHOER HALL STREET, FOXTON. All kinds of Blaoltsmitbing cxc ruted with despatch and care.
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Manawatu Herald, Volume III, Issue III, 4 February 1892, Page 1
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407Page 1 Advertisements Column 4 Manawatu Herald, Volume III, Issue III, 4 February 1892, Page 1
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