T. AND G. LIFE

Evening Post, Volume CXX, Issue 127, 25 November 1935, Page 14

T. AND G. LIFE

SURPLUS AGAIN INCREASES

1 t £ c a.nnual report of the directors ot tne Australasian Temperance and General Life Assurance Society, Ltd., discloses that the funds have increased to £22,432,506, of which £10,903,620 is in the ordinary department, £11,463,510 ■IJcmo.£le- industrial department, and t.bo,d7b in the accident department. The addition to the funds, £2,094,141 is the largest recorded by the society m any one year. The interest rate for the year on the mean funds, excluding overdue interest, was £4 10s 9d o per cent. Of the total assets of ±.<Jd,170,360, 65.2 per cent, is invested m Government, municipal, and other local body securities. .«>Ti¥w surplus for the year was £754,375, compared with £720 071 the Previous year. After setting aside £50,000 for actuarial contingencies, this surplus permitted bonuses to c paid on the same scale as last year. PRICE AND RETURN Latest sales reported and' made on .he Stock Exchanges of the Uouiuaou. Vila the highest prices and the apprUrimate yields per cent pet annum to investors (all subject to appropriate taxes and exchange where operative) based cd the last annual dividends plus bonuses, if any, and considering redemption and brokerage in the case of redeemable securities where dated were as follows:— * ". . ■ . .' fcliglieac l'ield , price. p.c, p.a 1 . £ 8. d. £ ». d.

a.—Market price includes accrued interest, butnot brokerage. c.—Capital increased ratio 5:2. i.—lnterim div. increased. n.—Not available. :

Comm. Bank o£ Aust. 0* 17 V& 3 8 1 Union Bank. ■ .... J- . 9 10 0 2 12 7 -N..6. Guarantee Corp. 0 50 5 0 0 Sth. British Insurance 4 14 0 2 16 8 Wgtn. Woollen (pref.) 6 0 0 4 3 4 Is.Z. Breweries 2 15 0 2 10 11 Procera Bread (vender) 2 6 0" — Woohvorths, 3S".Z. .' c. a 17 0 1 10 0 Mount Morgan 1 18 0 5 5 3 Unofficial— . . Tiproff Seal 2 16 6 n. Auckland. Inscr. Stk., SM p.c. • (1939-43) a. 103 0 0 3 5 8 Ditto, 4 p.o. (1955) a. 10S 5 0 3 7 11 Bank New Zealand . 2 11 6 3 17 8 Comrn. Bank of Aust. 0 17 0 3 8 7 Union Bank ,■ 9 10 0 2 12 7 Reserve Bank 650 400 Bank of N.S.W. ....* a3 7 6 2 19 11 N.Z. Insurance . 3 4 3' 3 23 Sth. British Insurance 4 14 6 2 1G 5 Huddart, Parker (pref.) 19 0 4 2 9 N.Z. Breweries . .\. 2 14 !) 2 11 1 Anthony Horderu .. 0 19 3 — Cousplid. Brick .... 0 11 0 — Electro/Zinc (pref.) 1 19 3 4 16 Gillespie's Beach 0 10 5 0 0 Molyneux Dredge :.. 0 2 9% — ' Skippers .... 0 0 3% Cliristchurch. Bank of N.S.W. ...* 33 10 0 8 N.Z. Newspapers ...i. 2 2 6 2 7 1 Sth. British Ins 4 14 3 2 16 6 Tooth's Brewery . .. .* 2 IS 0 3 5 6 Consol Brick , 0 11 1 Dunlop-Perdriaii i.. 0 16 3 — Kauri Timber ...,* 1.310 5 4 10 Mahakipawa 0 0 1 ■ Dunedln. Bank of K.Z. ........ 2 11 6 3 17 S Southland Meat .... 3 IS 0 420 Kaitangata Coal 12 3 5 12 4 Broken Hill P.ty.. (5s Paid) IS 0 n. VfiHespie's 4 Beach ... Oil 4 12 4, Unofficial— AVoolworths (Syd.) .. 5 5 0 2 7 4 * —Cum. div.