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I New Advertisements. NIGHT SCHOOL will EE-OPEN at the CATHOLIC SCHOOL, on MONDAY NEXT, March 14. 485 I. 0. O. F., M. U. THE LOYAL TAKAITA LODGE will hold their ANNIVERSARY DINNER at the SHAMROCK HOTEL, Waitapu, March 17, 1870. Memhers and Eriends of the Order are respectfully requested to atten I. Dinner on the Table at 6 p.m. Tickets, 4s each. 480 PRIME DAIRY COWS. M *■ E "I L I0 T T SELL BY AUCTION, On TUESDAY NEXT, March 15, In the Yards of the Coach and Horses Hotel, Q VERY PRIME DAIRY COWS. Sale to take place at 12 o'clock. 483 TO-MORROW, SATURDAY. MR. ELLIOTT will Sell by AUCTION, At, hia Warehouse, TO-MORROW, at 12, Noon. A Quantity of HOUSEHOLD EURNITURE Consisting of Tables, Chairs, Bedsteads, &c. 484 ON ACCOUNT OF SHIPPERS. TO-MORROW, SATURDAY, At Eleven o'clock. At the Nelson Auction Rooms. M BOXES RAISINS, 7 Cases Cheddar Cheese, 3 Pockets Hops, 3 Half-chests Tea. After which, A Quantity of Wearing Apparel, Drapery, Wheat, Cross-cut Saws, Trafford Range, Eurniture, &c, &c. JOHN R. MABIN, 482 Auctioneer. ROYAL INSURANCE COMPANY. Head Offices: NORTH JOHN-STREET, LIVERPOOL. THE DIRECTORS have now the pleasure of submitting the following Statement, showing the FINANCIAL POSITION of the COMPANY. The capital available for the purpose of meeting any unusual calamity happening to the assured is two millions sterling. The amount actually paid up, and the accumulated funds in hand at this date exceeds £1,500,000. For the satisfaction of the public the whole of the securities belonging to the Company are annually submitted to the careful scrutiny of two independent auditors, and the following is an extract from their report to the last annual meeting : — " The whole of your hooks have been audited ; every document, every account, every voucher, your bank-book, and every security — all have been most carefully kept, and there is not one doubtful security in the whole." A detailed list of the investments of the Company, as already published, may be obtained on application. INDEPENDENT VALUATION OF LIFE LIABILITIES. In continuation of the Quinquenial Investigation to the end of 1864, which resulted in a large division of profits among the Policy-holders, the Directors have just obtained an Independent Report from Mr. Samuel Brown, President of the Institute of Actuaries, on the results of the Life business for the four years ending 31st December, 1868, as follows : — LIFE LIABILITIES AND ASSETS On 3 Ist Decescber, 1868. » „[ « h .* *S 3 a s <U >. U-l — Q, s Ti 3 a* "3 Sa-S co Jz; fc hi General Life Assurances less Re-assurances 13,844 765,021 942,643 177,622 Children's Endowments 207 21,260 23,287 2,027 Annuities (immediate & deferred) 421 137,544 156,345 18,801 Total 14,472 923,825 1,122,275 198,450 The results show a surplus in the Life Branch available for the next Division of Profits in 1870, amounting to £198,450. The valuation of the Life Policies has been made at the usual rate of interest, and the Next Premiums only have been taken, so that the proportion for future profits and expenses are entirely held in reserve, and not brought into the valuation. JOHN R. MABIN, 477 AGENT FOR NELSON.

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https://paperspast.natlib.govt.nz/newspapers/NEM18700311.2.17.1

Bibliographic details

Nelson Evening Mail, Volume V, Issue 59, 11 March 1870, Page 3

Word Count
518

Page 3 Advertisements Column 1 Nelson Evening Mail, Volume V, Issue 59, 11 March 1870, Page 3

Page 3 Advertisements Column 1 Nelson Evening Mail, Volume V, Issue 59, 11 March 1870, Page 3

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