TELEGRAPHIC NEWS.
(per press agency.) Auckland, Monday.
The South British Insurance Company hold their meeting this afternoon. The report shows £12,000, equal to 6a. Bd. per share to capital, making £62,500 {sic). They carry forward £10,300, and pay a dividend of 10 per cent, on £62,500. The gross premiums are worth £50,409, being an increase of £12,460 on the corresponding period of last year. The net premiums are £41,139, the losses £26,431, and invested funds £87,526. The South British Insurance Company’s report was adopted, and directors re-elected. The honorarium was increased to £7OO a year. GrKAHAMSTOWN, Monday.
The low level of the City of London mine is flooded. All hands are dismissed. The manager has proceeded to Auckland to see about drainage.
Invercargill, Monday.
The Local Board of Health met to-day to consider two undoubted cases of scarlet fever; one in a private house, and the other at the immigration barracks. A committee was appointed to look for a suitable place to isolate the cases. The Board meets again this evening to receive report.
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New Zealand Times, Volume XXX, Issue 4543, 12 October 1875, Page 2
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174TELEGRAPHIC NEWS. New Zealand Times, Volume XXX, Issue 4543, 12 October 1875, Page 2
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