COMMERCIAL.

Taranaki Daily News, 30 December 1919, Page 2

COMMERCIAL.

IMPORTS TO TASMANIA. By Telegraph.—Press Assn.—Copyrlglit. T Hobart, Dee. 29. Leading importers have agreed to confine their imports to the vessels owned by the Shaw, Savlll and Albion Line and New Zealand Shipping Company, under penalty of ten shillings per ton for diverted cargo provided the pre-war fortnightly Hobart-London service Is resumed. If the companies will nol agTee to give a satisfactory service the business will be ottered, to the Commonwealth Government Line. NATIONAL MUTUAL LIFE. ANOTHER SPLENDID YEAR, By Telegraph.—Press Association. „ „ Wellington, Last Night. Sir. F. W. Nicholson, General Manager for New Zealand, has received the following cable message from Melbourne:— "The 50th annual general meeting was held last week. The chairman, In moving the adoption of the report, congratulated tile members on the continued success of the Association, every year being a record, and this being ho exception. Over 15,000 new policies were kWAGd during the year, asfsuring nearly £0,000,000 and yielding annual premiums ~!ng t0 £235,000, an inc-nase of £125,000 on the new business wi.uen for the previous year. The annual Income shows an Increase of nearly £290,000 over that of the previous year, and now stands at nearly £2,250,00(1. The funds of the Association were Increased by £815,000, and' now stand at nearly £30,000,000—a record to be proud The claims under policies,.amounted to £635,315. The Interest earned during the Mar Is equal to £5 3s per cent, of the average funds. It was a year of extraordinary large business, .-"'le only.unfavorable feature being the heavy i ms, owing chlefliy to the Influenza epidemic, and that we should ')e able after providing fpr them to show such fo9d results' 1,1 a splendid testimony of the groat strength of the Association."