INSURANCE COMPANIES.
A correspondent ('i'fects attention to an extract whioh we think has already appeared, but; is worthy of reproduction just now: — " Tha balance-shert of the New Zealard Insurance Company for tbe year ending November 80 ia a very satisfactory one, as the income from all sou ces ia the largest on record, and the profits are good. The dividend is increased, and v equal to 13f per cent, for the year. A sum of £20,000 is added to the res- rye?, and £10,000 is set aside for the investment fluctuation account. The funds of the company are very large and liquid." It is'an itam worth considering in view of the stalemfnt that the companies mnke no profit?. Since penning the remarks which appeared yesterday we note tbat the Chamber of Commerce is taking action, and we hope the people of the town will support it well on Friday evening.
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Bibliographic details
Hawera & Normanby Star, Volume XLII, Issue 7363, 15 January 1902, Page 2
Word Count
150INSURANCE COMPANIES. Hawera & Normanby Star, Volume XLII, Issue 7363, 15 January 1902, Page 2
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