BY ELECTRIC TELEGRAPH.
Auckland, January 12. The New Zealand insurance Company’s half yearly meet'ng was held 20-day. The report stated that notwithstanding the heavy losses which have attended marine insurance operations during the past six months, the directors consider they are fortunate in being able to present a satisfactory report, evincing the steady advancement made by the company for the half year. The total receipts, inclusive of a balance from last year, amount to L 109,771, showing an increase in the premiums of Fi11,154 over the corresponding hall-year of 1871. The total expenditure for the same period was 1-99 271, inclusive of a sum of L 17,578 estimated as sufficient to cover all accepted losses and averages. There remains at credit to the profit and loss account 1.19,489. of which the directors declare a dividend of fifteen per cent, which will absorb E12,250. The directors announce that new and commodious offices have been er«jt-:d in Plot street. Sydney, The chief losses were in the ships Strathmore and Strathnavcr. A barge on the Waikato, loaded wish wool, caught file by a spark from the tunnel. The barge was saved by throwing large q umtitusuf wool ovei board. Wanganui, January 12. Two girls named Hackett and Bushett got out of their depth while bathing near the Heads, and were drowned. The bodies have , been recovered.
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Evening Star, Issue 4019, 13 January 1876, Page 3
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223BY ELECTRIC TELEGRAPH. Evening Star, Issue 4019, 13 January 1876, Page 3
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