Commercial.

Evening Star, Issue 3685, 14 December 1874, Page 2

Commercial.

The amount of revenue received at the Cus-to.i-house or ..cods cleared for consumption this lav was L 1,497 16s Id. Noticing the commencement of business on the Ist instant by the New Zealand Insurance Company with its increased capital of a million, the N. Z. Herald’ says:—“ The extraordinary success of this compmy has been so frequently a subject of remark that there is little need to sing its praises in a repetition of figures °5 , to record in tabulated columns the °rapid Strides it has made year by year since 1859. Tim establishment of new offices in the Colony has in no degree lessened its business, as was proven oy the last half-yearly balance-sheet, in which it was shewn that, notwithstanding the increased competition, the premiums for the half-year ending 31st May last amounted to L 63.216 or an increase of L 18,790 upon the preceding halfyear, and an increase of L 11,495 upon the corresponrling haif-year of 1873. The rapid progress of the company since its establishment fourteen years since, when in 1859 its premiums only amounted to L 5.390, to its present standlagr ra lts i P v p mium receipts were, as per last half-yearly statement, L 107,643, is matter of history in commercial circles. It is not therefore, suprising thatpublic confidence should , full y established that the additional beer * S ° . rCadil y takeu U P> notwithstanding the aspersions attempted to be cast upon the legitimacy of the proposal to increase Bhares°^ Pany S by the issue of »ew