DEPRESSION LIFTING The recently reported rises in tho prices of metals and primary products indicate hopeful signs of n gradual lifting of the clouds of depression throughout the world. At least one powerful British coiupnny seems to read iheso signs in that; way. We refer to the entry of the Pcuirl Assurance Company of London into the business field in New Zealand wheru it has opened offices in all the mfiin centres. Tho assets of the "Pearl" ara £73,000,000. Its decision to actively operate in Eire and Accident insuraiK'o business in this country at this stage leads one to the conclusion that 111 the opinion of one of the Empire s most; powerful companies the time is ripe to organise in anticipation of better times in all branches of business. It is interesting to note that prior to its entry the "Pearl'' had moneys invested in New Zealand Government Bonds and Municipal Debentures amounting to nearly . three . million pounds. This sum is considerably greater than the New invest. ments of any other Fire, or Accident lusurance Company. —Advt,-
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New Zealand Herald, Volume LXX, Issue 21518, 15 June 1933, Page 7
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178Page 7 Advertisements Column 1 New Zealand Herald, Volume LXX, Issue 21518, 15 June 1933, Page 7
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