90 



REVIEW OF REVIEWS. 



March 1, 1913. 



INSURANCE NOTES. 



THE 



At a meeting- of the St. Kilda Council 

 on 3rd February, Councillor Hughes re- 

 ferred to the disastrous fire that recently 

 occurred at Flatman's timber yard. 

 While sympathising with the firm in 

 their loss, Councillor Hughes questioned 

 the desirability of allowing timber yards 

 in thickly-populated areas. He said the 

 Fire Brigades did wonderful work at 

 the fire, and those who understood the 

 difficulties they had to contend with 

 could admire their work. He moved the 

 matter of the location of timber yards 

 be referred to the Municipal Associa- 

 tion, which was agreed to. Messrs. Flat- 

 man and Sons being old ratepayers in 

 the city of St. Kilda, it was decided to 

 send a letter sympathising with them in 

 the loss they had sustained. 



An interim di\idend of 2s. per share 

 has been recommended by the directors 

 of the Victoria Insurance Co. The in- 

 terim statement of accounts for the 

 half-year ended December 31st, 1912, 

 shows net premiums ;£"58,555, against 

 ;^53,276 for the corresponding period a 

 year previously, and losses ^^34,289, 

 against ;^28,iio The balance at credit 

 is ;£^2i,ii4, which includes ;^903<; 

 broufjht forward. 



Cable advices with regard to the busi- 

 ness of the Mutual Life Insurance Co. 

 of New York for 191 2, show that the 

 assets exceed ;6^i 23,023,000 ; total in- 

 come, i^i/, 750,000 ; payments to policy- 

 holders, ^^12,518,000 ; divisible surplus, 

 £"3,566,000 ; new insurance issued and 

 paid for ;^32,252,ooo. The new insur- 

 ance shows an increase of iJ"3, 298,000 

 over the previous }'ear, assets an increase 

 of ;^24,620,ooo ; and the amount appor- 

 tioned for cash bonuses an increase of 

 i;456,ooo. 



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COLONIAL IVJUTUAL 

 FIRE 



INSURANCE COMPANY LIMITED. 



INSURANCE 



riRE . . - . 

 ACCIDENT 



EMPLOYtRS LIABILITY 

 riDTLITY GUARANTEE 

 PLATE-GLASS BREAKAGE 

 MARINE 

 BURGLARY 

 LIVE STOCK 



OFFICES : 



MELBOURNE— 60 Market Street. 

 SYDNEY— 74 Pitt Street. 

 ADEL.MDE— 71 Kin<: ^Villiam Street. 

 IJUliSHANE— Creok Street. 

 I»ERTH— Barrack Street. 

 1I(>H.\RT— Collins Street. 

 LONDON— 77 Cornhill, E.C. 



WALTFR TUCKER. 



(jeneral Manager. 



THE EQUITY TRUSTEES, EXECUTORS, AND 



AGENCY COMPANY LIMITED. 



RESfBVE LUBIIITV, £100,000; GIARAMEE FIND, £10,000. 



BO.A.RD OF DIRECTORS- Edward Fanning, Esq., Chair- 

 man ; W. H. Irvine, Esq., K.C.. .M.P. ; Donald Mac- 

 kinnon, Esq., M.L. A. ; R. G. M'Cutchcon, Esq., M.L.A. ; 

 Stewart McArthur, Esq., K.C. 



Registered Office : No, 85 Queen Street, Melbourne. 



1 his Company IS cnii>i)were<l by special .Act nt Parliament 

 to perform all classes of trustee business. 



JOEL FOX, Manager. 



C. T. MARTIN, .Assistant Manager. 



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