I, Sixth — Th- Fund wan in creased during the year by the sum o ft £742,311 equal to 71 per cenl 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, whire 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. Eighth— 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 receipts. Tenth— Tho cash surplus divided for the year 1889 was £426,494, being at the rate of 41.5 per cent, oh 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. i It has divided among the members j cash bonuses aggregating over I £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 x»ei* cent. interest. Assets New Zealand— £l,273,sl4 EDWABD W. LOWE, Resident Seoretaby. 1 I Brancii Office — I Custom House Quay, Wellington Foxton Agents— - ~-> THYNNE, LINTON & CO. }v H N A H ER M tf . ' I'egs to announce that he has commenced business ou his own ao* count as a ' Wheelwright In those premises lately occupied by Jenkins & Co., Hall Street, Foxtoa. < urts built to any size, and Buggies "iid Traps repainted and varnished on tl>o premises. pAMPBELLTOWN Mr James ranhing is aoting as my agent for Campetltown and dis. tvict, and lie has authority to receive all subscriptions to paper and to take instructions iov advei'tisemenis and job printing. * EBNKST S. THYNNE, Proprietor Manawatu Berald. Central Hotel, Next to the Theatre Royal, THE SQUABE, PALMEESTON NOKTH MAURICE CRONIN, (Late .of the Cricketers' A rms Hotel Wellington,) HAS taken over the above Hotel, and hopes to receive the same patronage bestowed upon Mr Car* uiody. Meals for early and late trains. Hies, Been, Wines, £U&d Spirits of the Best Bvstncls Only kept in stock. First-class accommodation fbr Per* mfrnent Boarders and tbo Travelling Public. ! T OH N ' \\r ESTWOO D, BLACKSMITH and SHOSBHALL STREET, FOXTON. All hinds of blacksmitbing exe>
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/MH18920211.2.2.4
Bibliographic details
Ngā taipitopito pukapuka
Manawatu Herald, Volume III, Issue III, 11 February 1892, Page 1
Word count
Tapeke kupu
410Page 1 Advertisements Column 4 Manawatu Herald, Volume III, Issue III, 11 February 1892, Page 1
Using this item
Te whakamahi i tēnei tūemi
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.