N.Z. INSURANCE COMPANY.
ANNUAL BALANCE-SHEET. By Telegraph. —Press Association, Auckland, Last Mfighl. 1 From the balance-sheet of the New Zealand Insurance Company for the year ended November M. which has just been published, it appears that the net income from premiums, interest and rents, amounted to ,Cfi47.floo. Tlie credit- bal-arn-e, after the payment of the dividend of ChljllH) in August last, is C70,2M, out of which tlie directors recommend placing C4").0f)l) to reserve and £ISOO lo the investment lluetiiation account. Krom the available balance of ,C23,7!W (he directors recommend tire payment of a dividend at the rate of 2s per share, absorbing Clf>.ooo and making 10 per cent, for the year. The paid-up capital, reserves and undivided profit, now amount lo 1',743.7M, after, providing for the dividend recommended.
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Taranaki Daily News, Volume LII, Issue 8, 3 February 1909, Page 2
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128N.Z. INSURANCE COMPANY. Taranaki Daily News, Volume LII, Issue 8, 3 February 1909, Page 2
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