Page 8 Advertisements Column 4

New Zealand Herald, Volume XXVIII, Issue 8534, 7 April 1891, Page 8

Life Assurance. U DEPARTMENT. Established 1870. ' EVERY POLICY GUARANTEED BY'THE STATE. * The two prime reasons which have led to the extraordinary bonuses which this office has been able to declare have been its ECONOMICAL MANAGEMENT and its REMARKABLY FAVOURABLE MORTALITY EXPERIENCE. •, "The Australasian Insurance and Banking Record " says, — " It [the N. Z. Government office] {possesses the splendid advantage of operating in perhaps the healthiest country in the world." To this, coupled with rigid care in the selection of lives, has been due the unprecedentodly low rate of mortality which the office has enjoyed. Year by year the actual deaths have fallen far short of what was anticipated, and the funds thereby saved have all gone to swell the profits, which at the last valuation (December, I8S5) amounted in cash to more than— £242,000 Steeling. Present FUNDS over 1} MILLION POUNDS. ANNUAL INCOME exceeds £300,000. J. H. RICHARDSON, 61 Commissioner LIFE ASSOCIATION OF AUSTRALASIA Jmkuts ki:\ 7^T\ (ESTABLISHED 1860) HEAD OFFICE : 30, Queen-street, Auckland. BOARD OF DIRECTORS A. G. Morton, Esq., J.P. (Chairman) Arthur heathek, Esq. X. B. Ke.nderdi.ne, 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 fuller particulars of its PROGRESS, POSITION, and PROSPECTS than have ever been required by Legislation in any part of the world. WILLIAM. T. J. BELL, SECRETARY. Australian mutual provident SOCIETY. ESTABLISHED 1549. THE OLDEST MUTUAL LIFE OFFICE IN AUSTRALASIA. New Zealand Branch : Head Office, Custom-house Quay, Wellington. Local Board of Directous : The Hon. Morgan S. Grace, M.D., M.L.C., C.M.G (Chairman). The Hon. Charles 3. Johnston, M.L.C. (DeputyChairman). Alfred de Bathe Brandon, Esq. The Hon. Edward Richardson, C.M.G, Nicholas Reii), Esq. 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 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 result of the business for the Forty-first Year, ending 31st December, 18S9, may be summarised as under:— First—The number of the New Policies issued was 11,664. Second—The new Assurance business effected was for £3,679,459. Third—' New Annual Premium Income amounted to £121,800. Fourth The Net Increase to the business, allowing for loss of income from terminated policies, was represented by 7023 policies, assuring £2,109,199. Fifth—The operations of the year raised the annual income of the Society from £1,512,280 to £1,625,165, an increase in twelve months of £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—Tho deaths among lives assured were 649 under 735 policies, causing claims upon the Society amounting to £299,602, irrespective of bonus additions, wnile 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— receipts from Interest and Rents were £516,832, an amount exceeding the sum paid for the claims by £138,952. Ninth— expenses of management were only 9'5 per cent/of the total receipts. Tenth The cash surplus divided for the year ISS9 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 Fund of £9,000,000, all invested to yield fully 6 per cent, interest. Assets in New £1,273,514. EDWARD W. LOWE, Resident Secretary. Branch Office : CUSTOM-HOUSE QUAY, WELLINGTON. Auckland District Office : C. W. EMERY, District Secretary. Timber. KAURI: KAURI! TIMBER!' THE J£AURI fJpiMBER OOMPANY (LIMITED) SPECIAL NOTICE. TO EFFECT CLEARANCE OF LARGE STOCKS the Company is prepared to make SPECIAL QUOTATIONS TO BUILDERS, CONTRACTORS, & OTHERS, And the standing Price List will be suspended from Ist,January, 1891, until further notice. ' For further particulars apply to the Mill Manager, or at the Offices of the Company, Custom-street West. I