Page 4 Advertisements Column 1

Poverty Bay Standard, Volume I, Issue 123, 5 May 1884, Page 4

Drapery. SPACE RESERVED. LOOK OUT FOR NEW ADVERTISEMENT. GEORGE R. MOORE. 851

Miscellaneous Australian mutual proviDENT SOCIETY. Established 1849. The oldest Mutual Life Office in Australia. New Zealand Branch : Head Office— Custom-house Quay, Wellington. Local Board of Directors : The Hon. Chas. Johnson Pharazyn, M.L.C. (Chairman) ; the Hon. Sir William Fitzherbert. K.C.M.G., M.L.C. (Deputy-Chairman); A. De B. Brandon, Esq. ; Charles J. Johnston, Esq., M.H.R.; the Hon. Morgan S. Grace, M.D., M.L.C. Medical Officer: Dr. W. G. Kemp, M.R.C.S. (England). 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 current quinquennium has been recently accumulating at the rate of £200,000 per 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 ; 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. This rate of expenditure is on the average 18 per cent, less than the other Australian Mutual Life Offices, and less 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 point of age, was 35th in respect of Funds. It now—January, 1884—stands 4th, only three offices in Great Britain—established respectively in 1815, 1823, and 1825—being above it. The accumulated funds now exceed four millions three hundred thousand pounds sterling. Prospectuses, fo aS of proposal, and all other information may be obtained on application to the Resident Secretary, or from any of the Society’s Agents. EDWARD W. LOWE, Resident Secretary. F. J. PIESSE, Gisborne Agent. WILLIAM KING S„ 'NUTOTIFIES that he —has again resumed his old business /--a as Saw r Miller. All customers will be (^ with in a most -W liberal spirit. ..P Mr King has pur- /• chased the plant lately owned by Mr C. D. Berry, and also acquired large bush interests in Poverty Bay, he can supply timber to suit customers, and asks the public to support him. All orders should be sent to Makauri for the present. 839 WILLIAM KING. Established 1871. FREDERICK HALL, (Late Houghton and Hall) GLADSTONE ROAD, GISBORNE, (Opposite Royal Hotel), PAINTER, PAPERIIANGER, GLAZIER, ETC. Contracts taken. Estimates given. A large and varied assortment of Paper hangings, Glass, Paints, Oils, Colors Brashes &c, always on hand 847 FREDERICK HALL.