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"Jf|/|R. HERBERT RAWSON, Dentist, Terrace, next Wellington Club. Mr. Rawson has returned. MR. W. RAYMOND, TEACHER OF MUSIC, Uppjbb Willis Strict. Foea on application. Torm nnmman(M> witb pnpil. A MERICAN WALTHAM WATCHES, Awarded ¦ THE ONLY TWO FIRST PRIZES MELBOURNE INTERNATIONAL EXHIBITION, 1880, HIGHER AWARDS Than any other Exhibitor received. IMPORTANT NOTICE. O A G E S 1 AND 4 CONTAIN KIRKCALDIE AND STAINS' SPECIAL ADVERTISEMENTS FOR THE MONTH OF MAY. THE LADIES of Wellington are respectfully informed that in addition to the large new Stock of Autumn Dress Fabrios now on view at TE ARO HOUSE, there is the best assortment in the City of the fashionable SILK PLUSHES, for dress trimmings, in all the leading shades. JAMES SMITH, TE ARO HOUSE, Ouba-street, 29th April, 1881.: NOTICE. THE undersigned have been appointed Agents to Messrs. Bruno, Silva & Son, and have reoeived a consignment of their Port Wines, in quarter-casks and octaves, ex Crownthorpe. W. M. BANNATYNE & CO.

AUSTRALIAN MUTUAL PROVIDENT SOCIETY. - ? Report presented to the Thirty-second Annual Meeting of the Members, held at the Society's new head offioe, Sydney, on Wednesday, the 27th day of April, 1881, at two o'cleok p.m. Your direotors have the satisfaction of reporting that the Society continues to transact an amount of new business unsurpassed by that of any other Life Assurance Institution in the British Empire, and that the number of polioies issued and amount assured during the year exoeed that of any previous year in the history of the Society. During the twelve months ending 31st December, 1880, there have been reoeived 9,623 proposals for sums amounting to £3,308,258 Of whioh 3,072 were declined, withdrawn, or not completed, amounting to 1,127,000 Leaving 6,551 proposals accepted and completed, assuring ... 2,181,258 This business includes 291 non-partioipat-inpr policies, aasnring £67,450. The new premiums amount to £74.666 15b 9d, of whioh £1,803 33 9d represents single payments. The following ia a summary of the business effeoted :—: — I *¦> i * 5 f . M • » - — : ' : § 3 .» .» Or *-> Ci 7 M Ot ,_. "3 OS g X M_ : §g BA § SS -° OO *0f CO . U m do oo S -a w g g co to h* o. a f . «p O O cop< jn %%%*§§*> ga w cots C.TCJCO- g£ CD «O O 00 OS O? 1 Claims have arisen under 261 life polioies by the death of 235 members, amounting to £121,413 2s 10d, including £14,438 2s lOd for bonus additions. Eighteen endowment assurances have also matured, amounting to £9,277 7s lOd, including £2,627 7a lOd for bonus additions. The Accumulated Fund now stands at £3,379,510 10s 7d, showing on increase of £445,713 3s sd, the balance of receipts over disbursements during the year. A summary of the polioies discontinued in the past year appears in the following tables: Assurance Policies. How No Sum Annual Discontinued. Assured. Premiums. £ £~* s. d. By Death or Maturity ... 279 111,325 4,210 11 4 By Surrender 578 239,895 8,245 15 6 By Forfeiture 1714 580,400 17,665 8 0 2571 931,620 30,121 14 10 Endowment Policies. How »T Sum Annual Discontinued. Assured. Premiums. £ £ s. d. By Death or Maturity ... 62 9,695 656 16 8 By Surrender 48 6,600 396 6 9 By Forfeiture 40 5,700 258 2 4 ~150 21,995 1,311 5 9 Annuity Policies. How > T ] Amoim *o f Annual Discontinued. N %t£. PreminmaJ £ s. d. £ a. d. By Death or Maturity ... 4 40 0 0 By Surrender , ... By Forfeiture 4 175 0 C 24 17 0 ~ 8 215 0 C 24 17 0 The number of Polioies issued since the establishment of the Society to the 3lßt of December, 1880, is 59,000, assuring £21,854,008. of which 15.794 have been discontinued, leaving 43,206 existing polioies assuring £16,030,994 0 0 The Annual Income— From premiums amounts to 540,969 14 10 From interest to ... 218,798 5 10 Making the total annual revenue of the Society 759,763 0 8 The investigation into the mortality experience of the Society since its establishment has been completed in part, and the Aotuary has intimated that he will be in a position to report on the same during the current year, after which the most important of the results will be communicated to the members. ' The new head office . was opened for business on the Ist July last, and the additional accommodation afforded has secured the comfort of the staff and furnished increased facilities for effective supervision and for the transaction of the Society's augmenting business. Sites for branch offices have been purohased during the year in Adelaide and Hobart, so that arrangements will shortly be concluded for conducting the business of all the branches in premises the property of the Society. The direotors who retire at the annual meeting are the Hon. John Smith, C.M.G., M.L.C., and Robert Saddington, Esq., one of whom only is eligible for re-election. The only members who have given notice of their intention to be candidates are the Hon. John Smith, C.M.G., M.L.C., and George Alexander Murray, Esq. Mr. J, D. Milne, the senior Auditor, retires in terms of By-law X., and it will devolve upon the meeting to elect his puocessor. Jobn Smith, Chairman.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP18810430.2.26.3

Bibliographic details

Evening Post, Volume XXI, Issue 100, 30 April 1881, Page 2

Word Count
846

Page 2 Advertisements Column 3 Evening Post, Volume XXI, Issue 100, 30 April 1881, Page 2

Page 2 Advertisements Column 3 Evening Post, Volume XXI, Issue 100, 30 April 1881, Page 2

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