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c ixth — The Accumulated Fund vras in* creased (hriue the year by the sum o' £742,311- equal to 71 per cent of the gro - s premiums received. Seventh— The deaths among lives assured were 649 under 735 policies, causing claims upon tho Society amounting to £299,602, irrespective of Bonus additions, while the number expected according to foe Tables used in estimating the liabilities would have been 1143, forln amount of £433,---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 tha olaims by £138,852. Ninth— Tho expenses of Management were only 9.5 per cent, of the total receipts. Tenth — The cash surplus divided for th« year 1889 was £426,494, being at the rate of 41.5 per cent, on the premiums received. The operations of tha Society during the 41 years of its existence may be summarised as under — It lias issued 141,907 polioies, assuring £49,417,717* It hiu paid to thtt representatives of tleceasrd momliers over £4,~ 000,000 in satisfaction of death &np matured claims. It has divided among the members ■ ash bonusen aggregating over £4,000,000, yielding re-vr-monary additions of orer £5,000,000. It has acquired an Accumulated Fund of £9,000,000, all ixi-vGsfitecS. -to yield jfcall/y 6 pev cent. interest. / sstts New Zealand— £l,273,sl4 EDWARD W. LOWE, Resident Secretary. Bpauch OyncE — Custom House Quay, Wellington Foxton Agentb— THYNNE, LINTON & CO.

R.H. BAEBEE, ENGINEER, and GENERAL BLACKSMITH. MAINSn.EET: „ FOXTON. A GOOD SHOER KEPT, fpLAXMII LI'RS enn have all re- -*- pnirs r secu ed quickly and at Reasonable Prices. 1 nek ing, Red and White Lend, and Insertion l;ept in stock. Piping Cut and Screwed. /.oent For THOIIAS POWICK'S Excelsior Flax Stripper. Central Hotel, Next to the Theatre Royal, THE SQUARE. PALMERSTON NORTH MAURICE CRONIN, (Late of tliff rricketera' Arms Hotel Wellington,) ._ HLS taltpu ovtr the above Hotel, and hopes to receive thu same patronage bestowtd upon Mr Car ui««?y. Meals for early and kte trains. Alee, Bee*s, HUTines, Anil Spirits ofth© Best Brands Only kept in stcck. First-class accommodation for Permanent Boarders and the Travelling Public. Y~ -p i t c H E r t WOUDSWORTH STRKET WELLINGTON. Maker of all Kinds of Dog Carts Buggies .-pring Traps Express Waggons coring Drays Tip Drays ]?ole Drays, Business Carts U. F. mil be happy to fnrnisl prioea for any vehicle on applioatioi by post. K)\ Wovit gawiiitttf.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/MH18910702.2.2.3

Bibliographic details

Manawatu Herald, Volume III, Issue III, 2 July 1891, Page 1

Word Count
397

Page 1 Advertisements Column 3 Manawatu Herald, Volume III, Issue III, 2 July 1891, Page 1

Page 1 Advertisements Column 3 Manawatu Herald, Volume III, Issue III, 2 July 1891, Page 1