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An item of considerable interest to the insurance world and .the public generally, is the remarkable expansion of , the business of the Australian Provincial Assurance Association. It has in- I 'creased to such an extent that the directors have found it necessary to purchase , for their, own use one of the most central j buildings in Wellington, known as the National Buildings, situate at the corner of Grey^and Featherston streets, for the purpose"of their Nsw Zealand Headquarters. The purchase price of the property is approximately £20,000, and the associa- . tion will enter into possession at an early date. The association is ten years old, and in its ninth year, the new business it secured exceeded three million ponnrls. The- 'financial position of the association is exceedingly sound, as its assets exceed 1^ million pounds, of which £80,000 is -invested at the preJ sent time in New Zealand securities. This amount of £80,000 will be ' augmented by'the deposit with the.Public Trustee of a further £35,000, to meet the requirements of recent legislation in regard to insurance companies' deposits, so that, within the next few months, the total assets of the association in the Dominion will amount to £120,000. The association is the only Australasian general insurance company transacting all classes of insurance—i.e. Life, Fire, Accident, Marine, Employers' Liability, etc. , The management of the New Zealand business will bo in the capable hands of Mr. T. W. Rapley, who has - been with the Association some years, and has attained very considerable sue- < cess us manager of the South Island for \ the association. He will be assisted in his management by Mr. A. J. Hyder, who has had very considerable experience and success in insurance circles . throughout the Dominion of New Zealand for many years.—Advt. The same old story—"Why didn't I. get it at. Collie's ?" And it's a pathetic tale of money thrown away on furniture that lasted a year or two and then—renewal! Let the errors of the past be the warning for to-day. Order your ■ furniture at Collie's, the actual makers, i No middlemen. Lowest prices. Ed- 1 ward Collie, Ltd., 167, Riddiford-street. ■ —Advt. '• .

THE L .PEN DOCTOR. WANTED— The best Fountain Pens are Onoto, Waterman, Conklin, and i Swan. I sell and repair them. Geo. < Jeffery, 218, -Lambton-qy. ' HARRY BAKER. ,| NEW Suitings and Costume Cloths to j . hand, all my work guaranteed. 70, , Mannera-st., upstairs. : halt! : " ~~ YOUR Suits and Costumes cleaned, re- , paired, pressed, Cdat Frocks made j from old costumes; remodelling a speciality. Renovating Tailors, 251, Willis-st. < Tel. 21-555. J HARRY BAKER. • YOU will find me upstairs, 70, Man-ners-st., over Poole's, entrance " Studio stairway. COAT-FROCKS TO ORDER (a splendid bargain), now ; on offer; raado of All-wool, French < Face Cloth, 6 colourings, hand-embroider- l< ed, s.w. and w. sizes, 67s 6d. Archer's, ■ Upper Cuba-street .

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19220304.2.109.1

Bibliographic details

Evening Post, Volume CIII, Issue 53, 4 March 1922, Page 7

Word Count
464

Page 7 Advertisements Column 1 Evening Post, Volume CIII, Issue 53, 4 March 1922, Page 7

Page 7 Advertisements Column 1 Evening Post, Volume CIII, Issue 53, 4 March 1922, Page 7