Pixth — Th- .lAceumulated Fund wa? 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 Jives assured were 649 undei"73s policies, causinpr claims upon the Society amounting to £299,602. irrespective of Bonu? additions, while the number expected according to the Tables used in estimating the liabilities wonld have beer 1143, for an amount of £438,---976, the mortality experience being thus extremely favourable. Eighth— The receipts from interest and rents were £516,832, an amonni exceeding the sum paid for the claim? 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 waß £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 £49,417,717. 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 rei versionavy additions of over ! £8,000,000. It has acquired an Accumulated Fund of £9,000,000, all Invested to yield fully 6 per- cent, interest. Assets New Zealand— £l,273,sl4 EDWARD W. LOWE, Resident Secretary, Branch Office — Custom House Quay, Wellington Foxton Agents— THYNNE, LINTON & CO. |O H N A H ER N Pegs to announce that he baa commenced business on his own ao* count as a Wheelwright In those premises lately occupied by Jenkins & r o., Hall Street, Foxton. Cavtß built to any size, and Buggies nnd Traps repainted and varnished on the premises. pAMPBBLLTOWN Mr James Tanning is acting as my'agentfor Campeiltown and dis. trict, and he has author ty to receive &J1 subscriptions to paper and to take instructions ior advertisemen s aud job printing. ERNiST S. THYNNE, Proprietor Manawatu Herald. Central Hotel, Next to the Theatre Royal, THE SQUARE, PALMEESTON NORTH MAURICE CRONIN, (Late of the Cricketers' A rms Hotel We.lington,) HA.S taken over the above Hotel, and hopes to receive th« same patronage bestowed upon Mr Car mody. , Meals for early and late trains. Ales, Beerß, Wines, and Spirits of the Best Brands Only kept in stock. First-class accommodation for Per* manent Boarders and ibe Travelling Public. 10 H N V\ 7ESTW 00 D, BLACKSMITH akd SHOER. HALL STREET, FOXTON. All binds of I lacksruiihing cxc*
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Manawatu Herald, Volume III, Issue III, 6 February 1892, Page 1
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406Page 1 Advertisements Column 4 Manawatu Herald, Volume III, Issue III, 6 February 1892, Page 1
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