Page 7 Advertisements Column 6

New Zealand Herald, Volume XXVII, Issue 8422, 25 November 1890, Page 7

Life Assurance. /GOVERNMENT LIFE INSURANCE Hjf DEPARTMENT. Established 1870. A I few of the leading features of this Department are :— V: 1. STATE GUARANTEE.—Every policy i*; guaranteed by the State, an incalculably advaiitaiio which cannot ho offered by any other oMice doing business in Australasia. 2. LOW PREMIUMS.—The premiums are lower than the participating rates o> any other office doing business in Austrai Jasia. „ . 3. LARGE BONUSES.—In spite of the low premiums a cash surplus of more th&a £242,000 was declared at the last valuation (December, 1683), of which £160, was divided, and the balance reserved. .. FUNDS AT PRESENT DATE EXCEBU ONE AND A-HALF MILLION POUNDS. ANNUAL INCOME EXCEED? £300,000. J. 11. RICHARDSON, J Commissioner." -jl/TUTUAL LIFE ASSOCIATION OF AUSTRALASIA (ESTABLISHED 1865). HEAD OFFICE i ' 30, Queen-street, Auckland. BOARD OF DIRECTORS: A. G. Horton, Esq., J.P. (Chairman),, Arthur Heather, Esq. T. B. Kjenderdine, Esq., M.R.C.S., Eng. ABSOLUTE SECURITY ! INCREASING BONUSES ! SPECIAL TABLES, PROVIDING ADVANTAGES NOT OFFERED BY ANY OTHER LIFE OFFICE IN THESE COLONIES The ASSOCIATION'S REPORTS contain fullei particulars of its PROGRESS, POSITION, and PROSPECTS than have ev«v been required by Legislation in any part of the world. WILLIAM T. .T BELL, SECRETARY. Australian mutual provident SOCIETY. ESTABLISHED 1849. THE OLDEST MUTUAL LIFE OFFICE IN AUSTRALASIA. New Zealand Branch : Head Office, Custom-house Quay, Wellington. Local Board of Directors: The Hon. Morgan S. Grace, M.D., M.L.C., C.M.G. (Chairman). Charles J. Johnston, Esq. (Deputy-Chairman). Alfred de Bathe Brandon, Esq. The Hon. Edward Richardson, C.M.G., M.H.R. Medical Officer : Dr. W. G. Kemp, M.R.C.S., England. Assure your Life in the Australian Mutual Provi dent Society, and secure an Annual Bonus or Divi. dent, a privilege which no other Colonial Life Office can grant its members. Be careful that you select this Society, and do not be misled by the similarity of name of some of the other younger Australian Offices. The attention of the Members and the General Public is called to some of the special features connected with this Society, which is the oldest Colonial Institution of its kind, having been established in the year 1849. The results of the business for the Forty-first Year, ending 31st December, ISS9, may be summarised as under :— First—The number of the New Policies issued' wa" 11,664. Second—The new Assurance business effected was for £3,679,459. Third—The New Annual Premium Income amounted to £121,800. Fourth— Net Increase to the business, allowing for loss of income from terminated policies, was represented by 7028 policies, assuring £2,109,199. Fifth—The operations of the year raised the annual income of the Society from £1,612,280 to £1.626,185, an increase in twelve months o' £112,905. Sixth—The Accumulated Fund was increased during the year by the sum of £742,311, equal to 71 per cent, of the gross premiums received. Seventh—The deaths among lives assured were 649 under 735 policies, causing claims upon the Society amounting to £299,602, irrespective of bonus additions, while the number expected according to the tables used in estimating the liabilities would have been 1143 for an amount of £438,976, the mortality experience being thus extremely favourable. Eighth—The receipts from Interest and Rents were £516,832, an amount exceeding the sum paid for the laims by £138,952. Ninth—The expenses of management were only 9 5 per cent, of the total receipts. Tenth— cash surplus divided for the year ISS9 • was £426,494, being at the rate of 415 per cent, on the premiums received. The operations of the Society during the 41 years of its existence may be summarised as under It has issued 141,907 policies, assuring £49,417,717. It has paid to the representatives of deceased members over £4,000,000, in satisfaction of death and matured claims. It has divided among the membsrs cash bonuses aggregating over £4,000,000, yielding reversionary additions of over £B,COO, 000. It lias acquired ati Accumulated Fund of £9,000,000, all invested to yield fully 6 per cent, interest. Assets in New Zealand—£l,273,sl4. EDWARD W. LOWE, Resilient Secretary. Branch Office : CUSTOM-HOUSE QUAY, WELLINGTON., Auckland District Office : C. W H EMERY, Agency Clerk. AS A N F O R 1), # FISH-CUR ER AND EXPORTER. ACENCY : No. 6, Queen-street. iir .St 5 /trade MARK, RAICINO FISHERY, AUCKLAND. N.Z Fish Canning and Curing in all its branches. REVOLUTION IN TRADE. "Wholesale Discount" goes to the Consumer, Jellied Smoked Schnapper lowered in price 2d pa" , tin. Sold by all respectable Grocer.