• jujukv AQDUiaUUC* LIFE ASSOCIATION OF AUSTRALASIA Jimvnh m L nmuut?r\ '■ (ESTABLISHED 1869) HEAD OFFICE: 30, Queen-street, Auckland. BOARD OF DIRECTORS A. O. llorxon, Esq., J.P. (Chairman) ARTHUR HEATHER, ESQ. T. B. KENDISRDINE, Esq., M.R.C.S., Eng. ABSOLUTE SECURITY ! - 1 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 provi;ja L WENT 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). The Hon. Charles J. Johnston, M.L.C. (DeputyChairman). Alfred do Bathe Brandon, Esq. The Hon. Edward Richardson, C.M.G. Nicholas Reid, 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 Dividend, 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 tho Forty-first Year, ending 31st December, 1889, may be summarised as under First—The number of the New Policies issued was 11,664. Second— new Assurance business effected was for £3,679,409. Third— New Annual Premium Income amounted to £121,800. Fourth—The Net Increase to the business, allowing ' for loss of income from terminated policies, i 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 months of £112,905. Sixth—Tho Accumulated Fund was increased during the year by the sum of £742,311, equal to 71 per cent, of the gross premiums received. SeventhTho 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—The receipts from Interest and Rents were £516,832, an amount exceeding the sum paid fur the claims by £138,952. Ninth —The expenses of management were only 9'5 per cent, of the total receipts. Tenth—The cash surplus divided for the year 1889 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 dividod among tho 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 Zealand—£l,273,sl4. EDWARD W. LOWE, Resident Secretary. Branch Office : CUSTOM-HOUSE QUAY, WELLINGTON. Auckland District Office : C. W. lIEMERY, District Secretary. Machinery- , O R S A L • E. jm , O R SAL E. Copper Boilers and Frames complete, from 30s. Frames for Coppers, made of Jin plate, guaranteed for ten years. A large stock of Milkpans, Buckets and Tubs, Coal Vases, Enamelled Candlesticks, Ac., Ac., Ac. £0,000 feet of O. G. and Half-round Spouting. 60,000 feet of Lead Edged and Plain Ridging, in quantities to suit purchasers, at wholesale prices. 60,000 feet Galvanised WATER PIPE, from iinch up; all necessary fittings and taps for same. A large and varied Assortment of STEAM FITTINGS, recently imported, and to be sold at a small commission. MANUFACTUItERof the celebrated composition METAL FLANGE HEAD ROOFING NAILS, see diagram in another column. Acknowledged by Architects and BUILDEHS TO 810 THE BEST NAIL manufactured in the Southern Hemisphere. GEORGIS McCAUL. Galvanised Iron Works, Wellesley-street East. Opposite the New Library. Jjjl O R SALE. 1 Upright Boiler with Galway tubes, 8 horsepower, good condition 1 Upright Boiler and Cast-iron frame, 8 horse power 2 Gin Engines, Shafting, ami Propeller, suitable for steam launch 1 single-geared Hoisting Winch, cylinder OJin 1 Double-whip Hoisting Winch, steam cylinder Sin. McCOSKRIE & SON, AUCKLAND. R. PORTER. [A. E. GREY. pORTER AND £J_REY, ENGINEERS, BRASSFOUNDERS, AND FINISHERS, PATTERN-MAKERS, COPPERSMITHS, AND PLUMBERS. Yacht and Boat Fittings cast in Phosphor-Bronze, Gun-metal, Brass, &c., at shortest notice. Steamboat Repairs promptly attended to. Address : CUSTOM-STREET WEST. tST First Workshop west, beyond the Hobsonstreet Bridge. ; ■' If U R T O N ' S -13-i- CHAMPION fclww ' SHEEP-DIPPING FLUID. - At Canterbury Agricultural and Pastoral Society's trials (the largest and most stringent competition ever held), scored greatest number of points, viz.: Thomas, 25 ; Brooks, 24; Zealandia, 23; Little, 22; Hatch, 22; Cooper, 20 ; McDougall, 17 ; and Murton. 28. Printed matter and full particulars from 1 J. HENDRY, Sole Agent, | No. 111, Victoria Arcade,
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NZH18910408.2.62.5
Bibliographic details
New Zealand Herald, Volume XXVIII, Issue 8535, 8 April 1891, Page 8
Word Count
856Page 8 Advertisements Column 5 New Zealand Herald, Volume XXVIII, Issue 8535, 8 April 1891, Page 8
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries and NZME.