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Life Assurance. g° ver 4Sll u^c E G °V E rn M E^ eKurarce Established 1870. EVERY TOLICY GUARANTEED BY THE STtfE. LOW PREMIUMS and LARGE BONUSES Tho aim of this Department has been provide Life Insurance at the minimum c compatible with safety. It does not St policy-holders unnecessarily large prenUu' 18 in order to enable it subsequently to attr? the ignorant by the glitter of incrr-aJj bonuses. The premiums which it charges a the lowest compatible with perfect safe/ 6 and are less than the participating rate ? < any other office doing business in Austraia; In spite of this fact, at the last valu a 0 ' (December, 1835) the assets of the offico Wer a found to exceed the liabilities by no leas " sum than £242,000 sterSiny-A result due to economy of manage ment and low mortality. s PRESENT FUNDS over ONE AND A. HAT p MILLION POUNDS. AiWUAL INCOME exceeds £300,000 J. H. RICHARDSON, 0] Commi3sj onet LIFE ASSOCIATION OF AUSTRALASIA (ESTABLISHED 1869). HEAD OFFICE: 30, Queen-street, Auckland. BOARD OF DIRECTORS: A. G. Horton, Esq., J.P. (Chairman). Arthur Heather, Esq. T. B. Kenderdine, Esq., M.R.C.S., Eng. ABSOLUTE SECURITY ! INCREASING BONUSES! SPECIAL TABLES, PROVIDING ADVANTAGES NOT OFFERED BY ANY OTHER LIFE OFFICE IX THESE COLONIES. The ASSOCIATION'S REPORTS contain fuller particulars of its PROGRESS, POSITION", an! PROSPECTS than have ever been required by Legislation in any part of the world. WILLIAM T. J. BELL, Secretary

Australian mutual provi. DENT SOCIETY. , ESTABLISHED 1849. THE OLDEST MUTUAL LIFE OFFICE IV 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.E. 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 Divident, a privilege which no other Colonial Lift; 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, 1889, may be summarised as under:— First— number of the New Policies issued was 11,664. Second—The new Assurance business effected wis for £3,679,459. Third— New Annual Premium Income amounted to £121,800. Fourth— Net Increase to the business, allowin; 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 £1,512,280 to £1.625,185, an increase in twelve month; of £112,905. —The Accumulated Fund was increased durin; 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, wiiile 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 fji the claims by £138,952. Ninth— expenses of management were only 95 per cent, of the total receipts. Tenth— cash surplus divided for the year 1339 was £426,494, being at the rate of 41'5 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 members cash bonuses aggregating over £4,000,000, yielding reversionary additions of over £8,000,000. It has acquired an Accumulated Funi of • £9,000,000, all invested to yield fully 6 P« cent, interest. Assets in New £1,273,514. EDWARD W. LOWE, Resident Secretary. Branch Office : CUSTOM-HOUSE QUAY, WELLINGTON'. Auckland District Office : C. W. lIEMERY, Agency Clerk. Dairy Produce. & OOMPAN? (LIMITED) COLONIAL PRODUCE AGENCY, LONDON IMPORTANT TO CHEESE AND BUTTER FACTORIES. Having established an Agency in England for tW sale of Factory-made Butter and Cheese of appro" quality, we are prepared and anxious to deal m Consignments at once (subject to cool chamber spirt being obtainable) or to negotiate with a Tie * " handling next season's output, and we cord' invite intending shippers to communicate with us early as possible, when all information will given, As this branch of our business is personal'? superintended by our Mr. Henry Reynolds, wo now in England, and will remain for the season thoroughly test the markets, we confidently so a trial, feeling sure that bettor results w obtained than ever before, if the article entrus our care is of first class quality. Prompt Account Sales, and Cash Advances nw<te REYNOLDS & CO. (LIMITED), FORT-STREET, AUCKLAND-

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https://paperspast.natlib.govt.nz/newspapers/NZH18910126.2.91.2

Bibliographic details

New Zealand Herald, Volume XXVIII, Issue 8473, 26 January 1891, Page 12

Word Count
843

Page 12 Advertisements Column 2 New Zealand Herald, Volume XXVIII, Issue 8473, 26 January 1891, Page 12

Page 12 Advertisements Column 2 New Zealand Herald, Volume XXVIII, Issue 8473, 26 January 1891, Page 12