TARANAKI FARMERS
FIRE ASSOCIATION' PROSPEROUS. A COOl) YEAR. By Telegraph—l'iess Association. Eltliani, Last^sight The iifth annual report of the Taranaki Fanners' .Mutual Fire Association shows that the premium income for the year amounted to Cl2(i4 7s lid. heing C 27 2s Id hi excess of the previous year. Tlie insurance liability at the close of (he financial year (March 21) amounted to 1M59,(i00," against .C 194.103 at the close of the previous year. The policies number 7112, and the average was €2(i2. The fire Josses for the year were onlv £lB 10s. The cash reserve is C245S 33 2d, being f!)f>!) ]:)s 7d in advance of the previous year. Tim premium notes hi force amounted to £.9438 17s 7d at the close of the year, an increase of L(i3l 7s 4d. Premium rates were lowered as from the Ist April on ordinary first-class risks from 10s to 8s .per cent'.,' and rates on first-class factory dairy factory risks Bs, second-class I.ls, thirdclass 20s.
At a .meeting held to-day the retrring directors were all re-elected, and satisfaction was expressed with the present position, and belief that the reduction of premiums will result in increased ■business.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/TDN19100430.2.49
Bibliographic details
Ngā taipitopito pukapuka
Taranaki Daily News, Volume LII, Issue 377, 30 April 1910, Page 5
Word count
Tapeke kupu
194TARANAKI FARMERS Taranaki Daily News, Volume LII, Issue 377, 30 April 1910, Page 5
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Taranaki Daily News. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in