(PER PRESS AGENCY.) AUCKLAND. 12tH January.

Evening Post, Volume XIII, Issue 10, 13 January 1876, Page 2

( PER PRESS AGENCY.) AUCKLAND. 12tH January.

At the New Zealand Insurance Company's half-yearly meeting to-day, the report stated that notwithstanding numerous heavy losses which have attended marine insurance operations during the past six months, the directors consider they are fortunate in being able to present a satisfactory report evincing the steady advancement made by the company during the half-year. The total receipts, inclusive of balance from last year, amount to £109,774, showing an increase in premiums of £11,154 over the corresponding half-year of 1874. The total expenditure for the same period was £99,284. inclusive of a sum of £17,078, estimated as sufficient to cover all accepted losses and averages. There remains at credit of the profit and loss account £19,489. The directors declare a dividend of 15 per cent., which will absorb £12,240. The directors announce that new and commodious offices have been erected in Pitt-street, Sydney. The chief losses were on the ships Strathmore and Strathnaver. First shooting for district representatives — No. 3 Company : Kelly, 87 ; Mor- ¦ row, 83 ; Squal, 83. A barge on the Waikato, loaded with wool, caught fire by a spark from the funnel. The barge was saved by throwing a large quantity of wool overboard. Arrived — Phceb c. Sailed — Taupo, for South. Passengers for Wellington — Thames naval crew and two boats, Myers and family, Mr. and Mrs. Jones, Misses Walthew and Jagger.