Page 2 Advertisements Column 6

Daily Southern Cross, Volume XXVII, Issue 4180, 6 January 1871, Page 2

NEW ZEALAND INSURANCE COMPANY.

The half-yearly meeting of the New Zealand Insurance (Company was held on December 23. Mr. Thomas Russell occupied the chair. The Secretary read the advertisement calling the meeting, also the minutes of the former meeting, which wer.e confirmed. The j i following report was th§n read :—: — | -'\ Twentieth reported! the Directors of the \ Newi2e,aland Insurance Company, for the i Half-year ending November 30, 1870. — Presented at the general meeting of share- - -holders,- held at the Company's offices, on ,Wednesday, December 21, 1870; > ( • • .The directors have the satisfaction of submitting to the shareholders the resttlfrof""the operations of the company for ike last halfyear. -After adding M. per share to the paidup capital, and providing for all known losses and averages, the net profit, on the 30th November, amounts to 11,8757. 155. 2d. The directors have declared the usual dividend of 10 per cent, per annum on the present paidup capital of 252. per share, which will absorb 3,1252., and leave 8,7502. 155. 2d.to be carried forward to profit and loss newaccount. The shareholders have now to elect) two directors in the place of Messrs. James Williamson and Samuel Browning, who' retire by rotation, but are eligible for re-election, and offer themselves<accordingly. ' The dividend will be payable at the Head Office tb-morr6w, the 22nd December, and at the brknch.es on receipt of advice. — For the Board 4 of Directors. — "James Williamson, Chairman." "Statement of Accounts for the half-year . -ending November 30th, 1870. "Profit and Loss— Dr.: To dividend last half-year, 2, 750^ ; addition to reserve fund iasnmarpyear,' t o,tk>oj. ,— fir*>. !and .marine losses, 16,284?. 15s. 10d.; commissions, expenses, &c, 5,6512. 103. 9 d.; appropriation for fire and marine losses, to be paid, 9,0002.; addition to capital, of 32. per share, 7,5002.; balance, 11,8752. 152. 2d.: total, 58,0622. 9s. 9d. Cr. :By balance from last half year, 13,8292. 16s. 5d.; fire and madne premiums, 31,2072. 2s. 5d.; interest, transfer fees, &c, 4,4302. . 14s. sd.j appropriation for unpaid losses, last half-year, 8,5762.; bad debts recovered, 182. lGs. 6d.: total, 58,0622. 9s. 9d. Balance-sheet. — 2>r. .- To capital,' 62 y SQQL ; reserve fund, 25,000/.; reinsurance fund, 10,000?.; debts dne by company. 273/. 65.; losses sustained (not yet paid), 9,0002. ; due branches, 942. 14s. 4d. ; profit and loss, 11,8752. 155. 4 2 d. : total, 118,743/. 15s. 6d. Cr. : By investments, 105,8802. 9s. Bd. ; five and marine premiums and interest due, 3,1482. 18s. sd. ; bills receivable, 8222. 13s. ; furniture, fire engines, &o:, 4882. 14a. 4d. ; cash in Bank' of New Zealand, 694^,' 18a. Bd, ; branches owing, 7,708<!.15.5d.: t0ta1! 1 18, 743 1. 15s, fid. The auditors have examined the books and accounts of the company for the half-year en^ed 30fch November, and have to report that the balance-sheet now presented to the shareholders ia a full and fair balance-sheet, and exhibits a true and oorrect statement of the affairs of the company. — George Fraser, K. N. Warner. Auditors. — Auckland, December 20, 1870." The report was adopted. The Chairman said the next business before the meeting was the election of two directors to fill the vacancies occasioned by the retirement of Messrs. Williamson and Browning, who retired by rotation. He had much pleasure in moving their re-election. The motion was unanimously agreed to. A vote of thanks to the directors and officebearers was passed. The meeting then separated.

MASONIC.

On December 29 (St. John's Day), at high noon, the Lodge Era held a meeting at the Masouic Hotel, ferotker Pierce, P.Gr M. of the Grand Lodge of Ireland, presided. Brother Robert Kidd, LL.D., was installed W.M. with tlie usual ceremonies by Brother Jenkins, P.M. The following brethren were elected to office:— S.W., Brother Russell; J.W., Brother Asher; S.D., Brother Watling; J.D., Brother Eastwood; 1.G., Brother Avey. Brother Hooper, D.P.G.M., andßrother Layers were re-elected treasurer and secretary ; and Brother Porter tyler. The banquet usual on such an occasion was dispensed with, on account of the recent bereavement in the family of the W.M. On December 23, the United Service Lodge met at the Masonic Hotel. Brother Doull was re-elected W.M. The following brethren were elected to office ; — S. W., Brother Rees ; J.W., Brother Wellsman ; S.D., Brother Mclutyre; J.L., Brother Palmer ; 1.G., Brother Chalmers ; secretary and treasurer, Brother Macready ; chaplain, Brother Deane ; tyler, Brother Porter. The Thames Lodge of Light met on St. John's Day at the Lodge-room, Pollenstreet, to perform the usual annual ceremony of installing officers for the ensuing year. The following brethren were elected : — W.M., Brother Walnutt; S.W., Brother Lipsey; J.W., Brother Hopcraft; S.D.. Brother Ballin; J.D., Brother Jones; 1.G,, Brother Liaird ; treasurer, Brother FitzGibbon ; secretary, Brother Jones; Chaplain, Brotbor Loveday ; tyler, Brother Ross. At tlie annual meeting of Masonic Lodge Waitemata the following officers-bearers were installed : — Brother Hay ward, W.M. ; Brother Wade, S.W.; Brother Elkin, J.W.; Brother Whitaker, S.D. ; Brother Hardie, J.D.; B; other Hurrell, E.C; Brother Parker, T. ; Brother xlose, treasurer; Brother Broughton, secretary ; and Brother the Rev. E. Heywood, chaplain.

OOEOMAJNDEL. December 5.

The Nil Desperandum battery has crushed 10 tons for the Little and Good, which yielded 660z. of retorted gold. This is a return of more than 640z. to the ton. — The All Nations crushed four tons, which furnished 14oz. of retorted gold. The Little Republic has had a small parcel put through the Whakaroa Battery which gives a high return. A ton and a half yielded 240z. 13dwt. 12gr. of melted gold, which was lodged in the Bank of New Zealand on December 10. This claim was only pegged out three weeks ago. The result of the crushing for the Harbour View at the Whakaroa Battery was 82oz. of retorted gold. — The Independent has had five tons crushed at the Nil Desperandum Battery, which yielded 6£oz. of retorted gold. Specimens had previously been taken from this stuff and pounded in a mortar, from which 6oz. of fine gold was obtained. — The Bay View crushing at the New Zealand battery yielded 5530z. 15dwt. of retorted gold, being nearly 2^ ounces to the ton. Work is being carried on briskly in order to send another lot to the mill. — The New Zealand battery has crushed 5 tons from tho Speedwell, which yielded 3oz.7dwt. of retorted gold. — The return of the Erin's Hope crushing at the Wha« karoa battery did not come up to the "expectations ol the shareholders : 9.8 tons were sent through the mill, which yielded 12dwt. to the ton, December 24.

The Dwarf intersected the Little Republic lode on Thursday evening, and found some • good specimens of gold, The Little Republic 1 trial crushing proved the lead to run upI wards of 16oz. to the ton. — The Nil Desperanidum Battery crushed 2£ tons forthe Rainbow ;End, which yielded 440z. of retorted gold, and •7 tons for the Flying Cloud, yielding6£oz. of retorted gold. The Christmas Box next occupied- the -mill with a small parcel. J It . waa cleaned s up this morning, and yielded 19oz, of retorted gold.

i > I ( There is no difficulty in harvesting lucerne ieed,but it is not an easy seed to thrash, and, ipow the fact of bo little being saved in the Colonies, we are disposed to regard the crop r 4s unprofitable. It ia, however^ high time ' that we grew our own seed. Our imports are large. i ! *««ry farmer who desires to take advan* : ja , . — '*rience of others, and to maketage of *the exjt,^ * * v «he*ra or, reads a i profitable use of vmau^. ' •*««*«ed l respecting the pursuit in which heist^. w should provide himself with a blank book large enough to hold all the recipes and useful hints he meet with, co that they may j be made available when wanted.