COMMERCIAL
MOTORISTS’ INSURANCE NORTH ISLAND MUTUAL The sixth annual report of the Noith Island Motor Union Mutual Insurance Company for the year ended Juna 50 shows net premium income amounting to £74,945, which is £9777 higher than in the previous year and an advance of £6923 on the previous record in 1932. A further sum of £5462 has been placed to reserve for unexpired risks. The surplus for the year amounts to £19.888. and lias been allocated as follows ; Profits for distribution reserve, £15,000; fidelity guarantee reserve, £150; accumulated funds, £4738. The accumulated funds, being accumulated surplus £26.303, and reserve for unoxpired risks £37,475, amount to £63,781, against £55,531 for the previous year. THE SHAREMARKET (Per Press Association.) AUCKLAND, this day. Sales on ’Change: Renown Collieries, 4s 6d ; Farmers’ Trading Company, 6s s<l; Consolidated Brick, 9s lid.; Mt. Lvell. 20s 2d : Auckland Gas (con.), 21s; \Vaihi, 32s 6d : Bank of New Zealand, 48s l.'.d. 48s; Broken Hill, 51s; Queensland insurance. 71s; National Bank, 765; Wellington Bank, 765; Wellington Woollen, £5 8s 9d; Waitemata, 4A per cent., £105; Government Stock, 4 per cent. (1955). £lll 10s. WELLINGTON, this day. Sales on ’Change: Big River, Is 6d; Queensland Insurance, 71s; Woolworth, Limited. 755; Commercial Bank of Australia, 17s 7d; Wellington Woollen, £.i 9s (id. CHRISTCHURCH, this day. Sales .on ’Change: Commercial Bank of Australia, 17s 7d (3), 17s 6d ; Reserve Bank. £6 Ss (2),: New Zealand Insurance, 65s 6d; Australian Iron and Steel, prof., £3 6s; British Tobacco, cum div., 38s ICd (2); Dunlop Perdriau Rubber, cum div.. 20. s 3d; Electro Zinc, prof.. 35s 3d; Gillespie’s Beach. Is 9)d ; Glenroy, Is 2d (2); Lawson's Flat, 4d : Mac rewhenua. sd: Malmkipawa, 10JJI (2): Mt. Lvell, 20s Id; Rnwatig Tin. 9s 2d (2).' Sales reported : Bunk of New Zealand, 48s 3d (2); Ilalgety and Co., £9 4s 6d (?); Big River. Is 6d (2): Worksop Extended. 2-s; Waitalui, 4s 6(1; Goldsbrougb Mort. 30s 6d. DUNEDIN, this day.
Sales reported: Bank of New Zealand 48s 3d : Gold(ie)ds, Is; Gillespies, Is lOd Nevis-Diesel, s^<l.
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https://paperspast.natlib.govt.nz/newspapers/PBH19340915.2.171
Bibliographic details
Poverty Bay Herald, Volume LXI, Issue 18503, 15 September 1934, Page 15
Word Count
338COMMERCIAL Poverty Bay Herald, Volume LXI, Issue 18503, 15 September 1934, Page 15
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