Page 4 Advertisements Column 3

Auckland Star, Volume I, Issue 304, 31 December 1870, Page 4

ESTABLISHED 1849. FOB MUTUAL LIFE ASSURANCE, &c, without personal liability. Principal Office: New Pitt-steeet, Sydney. THE special advantages offered by this wellestablished Society are— 1. UNDOUBTED SECURITY.—On the2Bth Feb., 1869, the ascertained total liability, of the Society was £453,000 While the acoi"«aimulated assets W ere ... 602,646 Showing a clear Surplus of ... £149,646 There is over and above the Assurance Fund, the additional security of a Special Reserve Funil of £50,000. At the above date the Society had in hand equal to 70 per cent, of the entire Assurance Premiums received from members. 2. LARGE BONUSES.—Because being a purely Mutual Office the entire Profits belong Ito the Assured, and have not to be paid away in Dividends to Shareholders. The total Reversionary Bonuses declared by the Society amount to £485,000. Members of the Assurance Branch can obtain the value of their Bonuses in Cask, or appropriate them to a reduction of future Premiums. Premiums may be paid Half-Yearly or Quarterly. Should a member die during the days of grace whilst the premium is unpaid, the Policy will still bo valid and effectual. PROFITS DIVIDED EVERY FIVE YEARS. LOANS, within the Surrender Value, are granted to Members on the Security of their Policies. SURRENDER VALUES are granted after a Policy has endured Three Years. Conditions for Residence and Voyaging Most Liberal. THE AUSTRALIAN MUTUAL PROVIDENT SOCIETY. Is a purely Mutunl Life Office, Local to Australia and New Zealand, not confined to one Colony, but common to all ; Local to each Colony, but not restricted to any, and operating upon a broader basis, is therefore Safer than an Office confined within narrow limits. Is a I ife Office having a largo number of Policy holders in New Zealand, and investing its Revenue from that place in the Public Securities of the Country. The Assets of tho Society comprise New Zealand Debentures to tbe value of £G4 000. Was established in 1849, and it has successfully passed thiough the ordeals to which all new Life Offices are exposed. Having completed the Twenty-first Year of its existence, it has achieved a position of Stability aud Affluence unexampled in the history of Life Offices. Its Accumulated and Invested Fund exceeds ±700,000 Its Income is over ... 200,000 a year. THE PROFITS BELONG EXCLUSIVELY TO Ila MEMBERS. From the magnitude of its resources it is enabled to declare LARGE BONUSES. The sources of profit are increased by the high rate of interest obtained on the Invested Funds, also by the difference between, tbe margin provided for Expenses, and the low rate of expenditure actually incurred by the Society, an advantage incidental to a large Business, Neither of wnicn can Exist in a New Office. The Annual revenue was increased by £32,236 from New Assurances effected in the pasl year, a rate of progress which entitles it to rank with the First-class Assurance Institutions of the United Kingdom. EXAMPLES OF BONUS. The following examples show the total Bonus Additions to the Policies of £1000, under Table A, up to 28th February, 1860 :— g g g £ g j-j i gj £ f |;| ! !;J o| | g;| 2 5§ .Si •£§ s| « t< t< f' '2* » «s S« |a bS 2 £§ £5 Kg Pg * %£ :sfi s£ £3 20 £1010 10 4 .■£395 9 1 £101 11 3 £45 13 0 35 1190 4 C 473 15 7 19!) 4 7 51 4 1 39 128f> 10 0 503 18 9 214 0 3 49 11 11 42 1245 9 0 540 5 S 227 8 2 51 18 1 50 1347 9 10, 020 7 4 _272_1_ 8 _73_10^ 1 Forms of Proposal and every information may be obtained on application to MR, H. GILFILLAN, Agent for Auckland. 7, Queen-street. CLEARINGOUT SALE, AT THE UNDERMENTIONED PRICES. 0 A S H:— r A DOZEN KEROSENE CHIMNEYS, •OU A., 3s 6d per dozen SO dozen Kerosene Chimneys, 8., 4s 6d per dozen 60' dozen Kerosene Chimneys, D., 6s 6d per do:sen 12 dozen American Shovels, 4s 6d each 3 tons Sheet Iron, 16 to 26 gauge, 16s per cwt. Bar Iron, balance of Btock, 12s per cwt. \ ton Octagon Cast and Shear Steel, 6d per lb, 4 tasks Sheet Zinc, Nos. 9, 11, and 12,34s per cwt. 4 casks Putty, 2d per lb. 10 kegs I^-inch Ewbank's Nails, 20 per cent, off list 100 C.S. Pit, Cross-cut, and Circular Saws, 25 per cent, off list • 6 kegs Soft Soap, 44d per.lb. 1 casks Amber Resin, 12s per cwt. .6 dozen Cricket Balls, Is 6d to 5s each 5 sets Stumps, 5s per set Iron Bedsteads Tinmen's Tools, Builders', and General Hardware 1 Church or Fire Bell, &c, &c. S. HAGUE SMITH.