THE COLONIAL MUTUAL LIFE ASSURANCE SOCIETY, limited. t , ■ NEW ZEALAND DIRECTORS: J. B. HARCOURT* (Chairman), WELLINGTON. SKYMOUR THOItNJD GEOItUI'!, AUCKLAND. THK HON. GHO. M'LEAN, DUNWDIN. 1 > THE HON. SIR JAS. PBISNDERGAST, WELLINGTON. REPORT BY THE DIRECTORS IN CONNECTION WITH THY 3 FIFTH ACTUARIAL 'IN VJfiBTIGATION OF THE AFFAIRS OF THE SOCIETY. The Directors have tho pleasure to present to the Members their report in connection with tho Actuarial Investigation for tho Quinquennium ended 31st December 1899, together with tho report of the Aotuary and of the Consulting Actuary to the aociet.y. In accordance with the reports of the Actuaries, the Directors have satisfaction in announcing that the surplus at the end of the Quinquennium amounted to £278,879 14s 4P. Of this sum the Board has decided to add £67,969 to the Investment Fluctuation Fund, bringing it up to £102,776 OS 3D The Board has also decided to specially reserve a further num of ,£35,000 to bring the valuation to an Hui. 3£ per cunt, basis. The pmount of £ 175.010] 4s 4d is thus loft for allotment and distribution. This, to- § ether with the amount of 15s 3d distributed during the Quinqnenuium. as certified y the Actuary, is equal in reversion to over In view of the fall in the rate of interebt throughout the world, the. Directors; after most careful consideration, have deemed it desirable at once to make provision for valuing on a 3£ per cent, basis. They feel assured that, although this decision involves a smaller bonus than might otherwise have been deolared, they will receive the hearty support of the members in tlieir resolve thus to strengthen the reserves, the effect of which will be to place the Society in an absolutely unassailable position, and lead to an increased bonusearning power in the future. The decision to inorease the amount at credit of: tlie Investment Fluctuation Fund to ;g1.02,776 0a 3d was arrived at after complete investigation of all tho assets of the Sooiety. The Directors, however, hope that a smaller amount will, in actual experience, be found sufficient ; but they have preferred to take a conservative view rather than discount a possible or probable improvement in values in the future. The last five years have constituted an important period in the Society's history, the Directors having during that time modified the former policy of expansion, and devoted themselves specially to consolidating the business and strengthening the position of the Society. The figures above quoted indicate how successful, that policy has proved, resulting as it has, in so large a surplus bSing disclosed, notwithstanding the low rates of interest which have prevailed, aud enabling the Society at once to change the Valuation rate to «$i per cent. The Directors feel that this is a result upon which they may congratulate the members o f the Sooiety. , HENRY HENTY, Chairman; LESLIE J, PARK, General Manager. Melbourne, 4th October, 1900. PROGRESS Oi 1 THE SOCIETY, 1873-1889. POLICIES ISSUED, 82,600, ASSURING ftrtt Jm A HfWQ AMOUNTS PAID TO POLICY-HOLDERS, £S\ ACCUMULATED FUNDS AT 31st DECEMBER, 1899, £,) QQK Oft/J # Claims paid immediately on proof death and Title Premiums may be paid at any office of the Society in the Colonies or in the United Kingdom. Policies are kept in force out of surrender value so long a 8 there is sufficient to pny one quarterly premium. The Society is established throughout ou the Federal principle, aud thus secures for its' members the widest eoopo for remunerative investment Head Office for New Zealand, CUSTOMHOUSE-QUAY, WELLINGTON. Branch Offices at Auokland, Christchurch, and Dunedin. AJRTHUK. E. GIBBS, Secretary for New Zealand. LESLIE J. PARK!, General Manager.
QORSETS, ADAPTED TO ALL FIGURES.. D.I.C. "IRIS" has no rival") From for a low prico Corset, oombined ( with great strength and dur- 1 X tf% ability. J QjV D.I.C. " PEERLESS."— ThisT Belted Corset is made from j From ■extra good material, it gives A^lft great ease and comfort, and is | Xtty " specially adapted to stout figures. J D.I.C. " THALIA." — This") From beautiful glove-fitting Corset is f made in light weight, extra well f //^ Be wn, perfectly finished. J l)/\J V.I.C. "P.T>." is exquisitely) K /Q i moulded, allowing perfect free- | tF/ ?/ dom to the body, made from I T0 superior material, has lac largest \ sale, and is distinguished for I O"j / universal use. J MX.] m D.I C. 1 UNDERCLOTHING Maintains the highest position for Select Goods. Every cave is taken in providing tho best and ' most fashionable styles at the lowest possible prices. ' DT C< CORSETS. T\T fj •X* V^* Underclothing. JL/« JL« V^» LAOE NOVELTIES. riTHE LATEST PHASE OF LONDON X FASHION. LAOE SCARVES, in bewildering variety Is, Is 3d, Is 6d, to 3s 6d each. LAOE COLLARS, with fichu fronts, the new shape Is lid to 8s lid eaoh LACE BOLEROS AND ZOUAVES, in white, cream, and black 3g lid to 8s lid eaoh. These and many other delightful novelties have just been received ex Tokomaru. TE A R O HOUSE DRAPKRY CO., Ltd. MR. GEO. PUDNET, 2 doors from Manners-street. DENTAL AND ORAL SURGEON, Willis - street. Consultation Free. Hours, 9t05,7 to 9. DR. DONALD KEMP T, SURGRON DENTIST, * l (Successor Mr. R. Hope), Consultation Free. 42. Lambton-quay. MR. WAT, TIQ Jt MA N T ELL, DENTIST, S YDNB Y-ST ÜBBT, First gate from Museum-street. Teleohone. No. 554. OLD-ESTAMiI.SHED DENTI.S'I . MR. WALTER E. HALL, Dental Si; ho icon, 105, Willis-street, Wellington. Prize Medallist for Artificial Dentures. Artificial Teeth the Specialty. Consultation Free. Teleohone 622. INTRODUCTORY NOTICE. WILLIAM HOBBS, DItNTIST, Having lately arrived from England and America, will oommence praotioe in November in the New Premises over Stewart Dawson & Co. 's, corner Willis-street and Lamb-ton-quay. ONDON DENTAL INSTITUTE, Coi-nov oF Manners and Willis-btreictb. Expert Operator. Skilled Moohanics. Full Set of Teeth, £1 Is, £2 2a, or .£3 3s ; Single Tooth, ss ; Gas, 2s 6d and 2s 6d for eaoh tooth extracted. Plain extraction, Ib. Non« but the Bg«t Matei-ialt uvad.
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Evening Post, Volume LX, Issue 107, 2 November 1900, Page 4
Word Count
984Page 4 Advertisements Column 2 Evening Post, Volume LX, Issue 107, 2 November 1900, Page 4
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