Page 4 Advertisements Column 5

Poverty Bay Standard, Volume I, Issue 38, 12 January 1884, Page 4

v - Mi. e - SALE OF TOWNSHIP OF KAWHIA. Crown Lands Office, Auckland, 15th November, 1883. SIXTY-ONE Sections in the above Township, ranging from 28 perches to 1 rood 26 perches, will be offered for sale by public auction, at this office, on WEDNESDAY, the 23rd January, 1884, at 11 o'clock in the forenoon, at an upset price of from £l2 10s to £4O per Section. Maps and schedules of Sections for sale can be seen at this office, and at all Railway Stations and Post-offices, D. A. TOLE, 758 Commissioner of Crown Lands. PUBLIC NOTIFICATION. LAND DISTRICT OF AUCKLAND. SALE OF RUAKITURI BLOCK. WAIROA, NEAR HAWKE’S BAY. 1 SECTIONS in the above block, com.JLO prising an area of 24,960 acres, will be offered for sale on immediate payments, at Napier, on the 17th JANUARY, 1884, Upset price, from 6s to 15s per acre, At the same time and place, five sections in the same block, comprising an area of 4,865 acres, will be offered for lease for depasturing purposes, for a period of ten years, at an upset price per acre of from £7 10s to £5O a section. The Ruakituri Block is situated in the County of Wairoa, about twelve miles from the township of Clyde. It extends some twenty miles to the westward from the Gisborne-Wairoa Road, and lies between the Ruakituri and Mangaruhi Rivers. The Main Road from Wairoa to Gisborne passes close to the eastern side of the Block. Tnirtythree miles of bridle roads on the permanent grades, and seven miles of stock-driving roads, have been opened out to give access to these lands. The whole Block, with the exception of a few flats on the Ruakituri River, is pastoral country. The vegetation consists of fern on the spurs and in the valleys, and of scrub and bush in the steep gullies. The soil varies. In places it is light and mixed, with a slight coating of pumice ; in other sarts5 arts where the pumice-drift has been washed own the steep hill-sides it is a calcareous clay. The subsoil is marl, On the higher hills there is an overlap of sandstone, and a little limestone near Te Tuhi. These lands will take grass by surface-sowing. The average cost for fencing, seed-sowing, &c., is from 20s to 30s an acre.

Maps may be seen at all the principal Land Offices throughout the Colony, D. A, TOLE, Commissioner of Crown Lands. Crown Lands Office, Auckland, 28th November, 1883, 759 USTRALIAN MUTUAL PROVIDENT SOCIETY.

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LAST YEAR OF THE QUINQUENNIUM.—PoIicies effected during the year ’ 1884 will participate in the Quinquennial * Division of Profits, to be ascertained as at ’ the 31st December, 1884, The profit of the r current quinquennium has been recently accumulating at the rate of £200,000 pei annum. ■ ANNUAL DIVISION OF PROFIT.— ' The profits of the Society are to be divided ' annually after the 31st December, 1884. ' The Invested Funds exceed £4,300,000; the Annual Income is upwards of £850,000 j the Society has more than 50,000 policies in force, assuring upwards of £18,000,000; during the last thirty-four years the Society has paid for claims and matured endowments £1,500,000, The Society has divided among its members cash bonuses amounting to upwards of £916,000, yielding reversionary bonuses exceeding two millions. NEW BUSINESS.—The New Business of the last five years has exceeded Two Millions per annum, a larger amount annually than has ever been transacted by any other Life Office in the British Dominions, The cost of management, including commission, is unusually low, being only 9'5 per cent, of the total receipts of the year. Tnis rate of expenditure is on the average 18 per cent, less than the other Australian Mutual Life Offices, and leas than any other Life Assurance Institution either in Europe or America during a corresponding amount of New Business. UNPARALLELED ACCUMULATION OF FUNDS,—Ten years ago the Society, while 69th on the list of British Offices in

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