A^^ 



INSURANCE NOTES. 



THE 



The report and balance-sheet of the Colonial Miairil 

 Firo Insur-inoe Co. Ltd. for the year ended 3Utli Sep- 

 tember last shows that tl)e business of the company 

 has ai;ain increjiseil, the premium income tor the ye'ir 

 totalling i;-J<>(),2ti(). as against £2o'2,072 in tlie previous 

 year. Inteie.si on investments, fees, etc., amounted 

 to £13.081. Kv-insurances and returns amounted to 

 £59,566, and k»ses touilIe<l £88.11»'2. The lasses were 

 heavier than the previous yt^ar, but notwithstandinti 

 that, the year showed a credit balance of £-)6.(i7(l 

 after payment ol all charges, a very satisfactory re- 

 sult. An interim dividend of llli.OfKJ, paid in .May 

 laat. left an available balance of t.'il,670. The dire<- 

 tojs applied tliis as follows: — To reserve tiin<l. 

 £10,000, niakint; that fund now £110,(KXJ;_ to re-iii- 

 eurance reserve iund £7500, makin<; it £15.000; ofh- 

 oere' superannuation and provident fuud, £"J(K)(l ; 

 dividend of <> per cent, for the half-vear en<k'<l -'JOtb 

 September, 1012. £12.000; leaving' £3170 to be carried 

 forward u> next year. The directors are to be com- 

 mended in seitinu apart large additions to the gene- 

 'rai reserve tnnil. and the re-insu nance reserve fund, 

 instead of increa.sing the dividend, which the profits 

 would have permitted. The report and balance-sheet 

 were adopti-d at the annual meeting of the company, 

 held at 60 Market-street, Melboujiie, on 2(lth Novem- 

 ber. The <hairman, Mr. V. J. Saddler, in moving 

 the adopticjn </f the report, pointed out that despite 

 heavy losKi* by hre in New South Wale.s and Queens- 

 land, the year's operations had been successful, and 

 that the position of the company was sound ;uiil pros- 

 perous. 



Messrs. K. Beecham and Co.'s timber yard at the 

 corner of Spencer and Bourke streets, Melbourne, 

 was destroyed by a fire which broke out at .ibout one 

 o'clock p.m. on Saturday, 23rd inst. The Metrojioli- 

 tan Kire Brigade, although promptly on the scene, 

 wa.s unable to stem the progress of the fire in the 

 timber yard, but the adjoining premises, Messrs; 

 Fnazer Ramsay Pty. Ltcl.'s Bond Stores. Mr. T. 

 Carlyon's ■Wood.t" Hotel, and .Messrs. Dalgetv and 

 Co.'s new motor garage, although seriously threat- 

 ened, were savi-<l without extensive damage. In a 

 subeeouent <-onvcrsation the chief offi<er ot the firi' 

 brigaae stronglv eon<lc>nine<l the practice of permit- 

 tine biniber-yarrlb to exist in the city. He said: — 

 '"This is another warning against allowing timber 

 yards in the heart of the city. Tlie heat from this fire 

 was sufficient to crack the windows of the liniil 

 opposite: and this is n(rt an isolated case. There an' 

 many otliir suib tiises, not only in the city, but al.vo 

 in its surroundings. A short time ago a fire occurred 

 at a tdmlH-r yard in Kitzroy. and placed the town hill 

 in danger; yet in that instance the .same business 

 is going to lie carrie<l on at the same place, and p" r- 

 hips on a larger .scale. Businesses of tliis kind should 

 be isolated, so that in the event of a fire they will 

 injure nolwidy ■•U'-. I know dl no other city -in Aus- 

 tralia where •ncli a ntair of nUnirH in toleratid, I ft ill 

 have hopes that the <-itv fathers will yet realise their 

 riv4ponsit)ilitips. and make such provision as will keip 

 this city reasonably safe against fire. I wi>iild lik^ 

 to add that the wat^-r suppiv was very gocwl." 



The insiiranie companies conrcrnefl in the fire are; 

 — Guar<lian Insurance Company. £1000; Scotlisli 

 Union .Awiurance Com->anv. £.">(K); .Atlas Assurance 

 Company. £750; .N'orth British and Mercantile. £000: 

 Victoria Fire Insuran«'e Company, £6(K); Commercial 

 Union .Assurance Company. £650; New Zcilaml In- 

 surance (lompnnv. £450; Northern .Assurance Com- 

 pany, £500. 



COLONIAL MUTUAL 

 FIRE 



INSURANCE COMPANY LIMITED. 



INSURANCE 



FIRE 



ACCIDENT- 

 EMPLOYER'S LIABILITY - 

 FIDELITY GUARANTEE ■ 

 PLATE-GLASS BREAKAGE 

 MARINE • 

 BURGLARY 

 LIVE STOCK 



OFFICES : 



MELBOURNE— 60 Market Street. 



SYDNEY— 74 Pitt Street. 



ADELAIDE— 71 King William Street. 



BRISBANE— Creek Street. 



PERTH— Barrack Street. 



IIOBART— Collins Street. 



LONDON— 77 Cornhill, E.G. 



WALTER TUCKER, 



(ieneral Manager. 



THE EQUITY TRlSTtCS, tXECUTOHS. AND 

 AGENCY COMPANY LIMITED- 



RESERVE IIABIIUY. £100,000; GUARANTEE FIXD, £10.000. 



ItO.MtO OK DIHKCTOH.S IaUn.hiI l''.iiiniri(;. Hiiii., L'hairmuu; 

 \V H Irvine, B»ci . KC. .M.P,; Donald Mackinnon, 

 Ksq . .M,I.,A.; R. (1. VCutcheon. Esq,. M,I..A.; Stewart 

 McArtluir. Knq.. K,0, 



Registered Office; No. .S.i Queen Street, ,Melbourne. 



'Plus CoMipMiiy i» c'iii|Hiwuic(l l>y siiiy-Kil .Vrt .>t P.irliament 

 to perforni .ill ehiascB of Iriielee Iiii8in08». 



JOF.l, FOX. Manager. 

 (' T MMCri.N', .\89istant Manager. 



WE FIT TRUSSES 



FOR ROPTURE. 



SILK ELASTIC STOCKINGS, CRUTCHES. BELTS, 

 ' SHOULDER BRACES, ENEMAS, BATTERIES., 

 •- BESr QUALITY ~ MODERATE PRICES, 



DENVER BROTHERS 



CORNER SWANSTON » LONSDALE STS. 

 ■/" MELBOURNE.,Vie ,> 



'^irii 



11' 



THE INFORMATION AGENCY 



ALl^ .iv ., Ll.l.AiaSt. Hul ,sl, I.,: i 1. . ..1,1,^ INl-i'KMAilUN jud 

 tt.ii)«;ic(iiii! Akciuv Hii^intHH on brlt;iii ii Llirnts at hntiic and ahioad 

 III touch will) Kxprr(<( In .ill ilepnrlniciiln oi know trilf:c and cdmirrrcf. 



When In (lanbl where tn apply I'or any rcipitied 'aclp, wrilce, or article, 

 write til n». 



CHKISTMA'^ PRKSKNTS i 

 dlfttirclion, 



home flicnd^ •trlri led wit'i t;nlr .ind 



AddrcM : The Sccrelartat, 24-26 Hart Street. London. W.C. 



