, Sixth— Th- {JAocumulated Fund was in creased" during the year by the sum 0 i £742,311 equal to 71 per cent of the grosß premiums received. Seventh— The deaths among lives assured were 649 under 735 policies, causing claims upon the Society amounting to £Z99 9 GOZBi, 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. Eighth— The receipts from interest and rents were £516,832, an amount exceeding the sum paid for the claims by £138,852. Ninth— The expenses of Management were only 9.5 per cent, of the total receipts. 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 Society during the 41 years of its existence may be summar ; ised 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 re- \ versionary additions of over £8,000,000. It has acquired an Accumulated Fund of £9,000,000, aU invested to yield fully 6 ;pe*» cent. interest. , Assets New Zealand— £l,273,sl4 EDWABD "W. LOWE, i Resident Secretary. ! Branch Office — ! Custom House Quay, Wellington Foxton Aoents— THYNNE, LINTON & CO. J.>HN AHERN t> I'egs to announce that he hat commenced business en his own ao # count as a W h eelwrighi ' In tliose premises latety occupied Tby 1 Jenkins & Co., Hall Street, Foxton. ('nils huilt to any Bize, and Buggies nnd Traps repainted and • varnished on the premises. nAMPBELLTOWN Mr James Tanning is acting as my agent for Campelltown and dis. tvict, and he has. authority to receive a?l subscriptions to paper and to take instructions ior advertisement and job printing. ERNi ST S. THYNNE,. , Proprietor Manawatu Herald. Central Hotel, Next to the Theatre Boyal, THE SQUABE, PALMERSTON NORTH t MAURICE CRONIN, (Late of the Cricketers' A rms Hotel Wellington,) HA.S taken over the above Hotel, and hopes to receive the same patronage bestowed upon Mr Car* mody. Meals for early and late trains. . Ales, Beers, Wines, '• and Spirits ofthe Best Brands Only kept in stock. t-First-class accommodation for Per manent Boarders and the Travelling Public. ' JO H N V\7 ESTWOOD es BLACKSMITH anp SHOER id HALL STREET, FOXTON. 14 All kinds of Hlaokimithing cxc
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Manawatu Herald, 16 February 1892, Page 1
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411Page 1 Advertisements Column 4 Manawatu Herald, 16 February 1892, Page 1
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