417 



INSURANCE NOTES. 



Mr. J. V. Biuiii./ii, for tin- p:i^t twelve years con- 

 nected with the .Milbouriie office of the " Patriotic, " 

 lias been promoted to the position of chief clerk at 

 the head office. Sydney, vice Mr. W. Ogilvie, who 

 lias assumed the nianagemejit of the Victorian branch. 



The Melbounu.' directors^ of the Mutual Life and 

 Citizens' Assurance Co. Ltd., Senator 'Fra.ser, Mr. J. 

 M. Pratt. M.I..C.. Rev. Dr. .Marshall, Mr. Alex. 

 Uick, and Mr. .John Donaldson, entertaino<l the sec- 

 rc'tary, Mr. Robert H. Gibson, at lunch at Scotts 

 Hotel, on the l.-jth inst. Mr. Gibson is leaving lor 

 England shortly, and the opportunity was taken to 

 welcome his succeesor, Mr. J. P. iloore, A. LA. 



The following ri-solution was unanimously adopte<l 

 at a meeting of the Aewjciated Banks, held on the 

 l.)th inst. :—•' The death of the late Mr. John ('•. 

 Addison, chief manager of the National Bank ot 

 Australasia, Ltd.. having removed a mos-t valued 

 ini-mber of our association, the representatives of the 

 banks place on record their great appreciation of the 

 valued services he ever rendered to their councils, and 

 their great regret upon his death; and resolve that 

 the chairman be desired to send a letter of condolence 

 and sympathy on their behalf to Mrs. Addison and 

 the members of tier family ; and, further, that a 

 copy of thiB resolution be sent to the chairman and 

 directors of the National Bank of Australasia, Ltd." 



The Allianc4i Assurance Company, in it's report for 

 I'Jll, states that in fi>e department the premium 

 income was 11 ..J'^J 1.224, against £1,307,481 for the 

 previoufi year, against which are lossevs ami contribu- 

 tion tfj fire brigades. £(j29.129, against £-.')08,024. th.' 

 rates of premium income being 47,28 per cent, against 

 3H.8<) per cent. K.xpenses and commission absorli 

 £487,447. against £47.'>.710. and the underwriting sur- 

 plus for the y«ar is £21<i.<)47. against £323,74(1. The 

 fire insurance lund. at the end of the year, stands 

 at £2.KH),()!)7, ol which £.02y,f>SKI is a reserve again.st 

 iinexpired rikks. tin' differ«-nce of £1, -^77.007 forming 

 an additional n — w-. 



The accounts of thi' .\tla» .\ss\irance Compary 

 Limited, for 1!MI. show tliat the net tire preminni.s 

 wen- Cl.(l4l,l*l"). against £1.1)41. 1!J4 for the previous 

 yt'ar. aii<l Iosm-s t-Vil . !<}.">, against UM'i'i.Sol, the 

 ratio of losse«i to net premiums being .)3.il per I'eiit. 

 against 44.fi9 iier lent. The underwriting surplus 

 is £8<l.3|8. against £194. HO."), and the pmfit is £8!).3.30, 

 of which £3'l.7.'I."> bus been carrinl to piolit aiul Nk^-s. 

 and the balanee b It in the fire fund, bringitig it iiji 

 to £l.(H>(i,.-.77 



\ lire which broke out at Annandnle. New Soiilli 

 Wales, on l.'Jtli inst. destroyed R<ibi'rt Hrow tilei''.s boN 

 factory, and eaiisi-<l daniago estimated at I'KHWI. 



THE 



COLONIAL MUTUAL 

 FIRE 



INSURANCE COMPANY LIMITED. 



FIRE 



ACCIDENT - 



EMPLOYER'S LIABILITY- 

 FIDELITY GUARANTEE - 

 PLATE-GLASS BREAKAGE 

 MARINE - 

 BURGLARY 

 LIVE STOCK 



INSURANCE 



OFFICES : 



MELBOURNE— 60 Market Street. 

 SYDNEY— 74 Pitt Street. 

 ADELAIDE— 71 King William Street. 

 BRISBANE— Creek Street. 

 PERTH— Barrack Street. 

 HOBART— Collins Street. 

 LONDON— 77 CornhiU, E.G. 



WALTER TUCKER, 



Ucneral Manager, 



THE EQIIIY TRLSTtES. EXtClTORS, AND 

 AGENCY COMPANY LIMITED. 



RCSERVe LIABIllir. £100,000: GUARANTEE FIND. £10.000. 

 BOARD OF DIRECTORS- Idwtrd FanninK. Kl.j , Chairman ; W. 

 H. Irylne, E>q., K.C., M.P. : Honald Mackinnon, Ksq , M.L.A. : 

 R. O. U'Outctaeon, Elq H LA.. Stewart Mo&rthur, Eaq. 



Registered Office: No. 85 Queen Street, Melbourne 



Thie Company if empowered by special Act of Parliament f 

 perform all olaiiea of truitee bumneeii. JOEL Fo.\. Manager. 

 C T MARTIN. Aaaiatant Uanager. 



CLEMENT H. DAVIS, 



Incorporated Accountant. Specialist lor Inslallinf 

 Latest American Office Bookkeeping Systems, viz, — 

 Looselcaf or Perpetual Ledgers and Card-Ledgers 

 Correspondence, Filing, Adding and Posting Machines, 

 &c., &c. 



ROYAL BANK CHAMBERS, MELBOURNE. 



The tire;;),' i'lililixliiii}; Co., which teaclies the syslom 

 of Glenn's .ShiirthaiKJ, i.s advertising in another part 

 (»f tliiw i.>isno tli.1t prosi)ectiises .tiuI all necessary in- 

 fi)riiiiitioii lan be nnt fiinn the .Austrahi.sian represen- 

 tative. Mr. I'hil. C. Haini'S. \Vi> can reciniiniend the 

 systi'ni. One iil our stall seli'cteil It many yeans a^o 

 Iroiii other f.vsteiiiH, when .si'ekinj; one to take up. and 

 chose it hist for its .siiiiplicitv, .sec<in<l for it^s eoinplete- 

 iiesK. and third for the easi- with which its cliaract<"r.s are 

 formed. It fulhlli'd all his expectations and if any 

 of our readers conteniplnte taking up n coHrse of 

 shorthand, we n'ruiiiiiieii'l tliem to ('oiiiniiiiiirate with 

 .Ml . Bailies. 



