* This may be considered nn average of 1 per cent, per annum returned to tho members. f Thi3 would go to prove that we could have [tho premiums from this date at half prices, and show a good balance each year to the good. It would stand this — Preseutpremiums — Income.fuJly Deduct from this one-half ... 2u2,500 Would leave a balance of ,£-262,t00 Add to this tho revenue from interest 225,000 Gives a total of 500 Take from this tho claims and expenses for the year 257,500 i And we have a balance of . J520J,0.,0 i to put aside for "suspended • mortality." > 'Jhe Government Department could charge i their members half rates, and then put by ', J245.' 00 a year for "suspended mortality." } All the figure* are eiven in round numbers, . and coppers aro left out. 1 have not attempted to be correct to a fract.on.
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Bibliographic details
Evening Post, Volume XXII, Issue 51, 30 August 1881, Page 3
Word Count
144Page 3 Advertisements Column 1 Evening Post, Volume XXII, Issue 51, 30 August 1881, Page 3
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