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COMMERCIAL.

The Commercial Travellers' Conference at Perth, after much discussion, carried a resolution recommending the Dunedin Association to affiliate with those at Auckland and Wellington. HOTEL PROPERTY" SALE. Messrs E. L. Macassey and Co. offered for sale by auction at their rooms yesterday the Lauder Railway Hotel property. consisting of 1 acre 1 "rood 35 poles of land and the hotel building re-erected thereon. The sale was under'the conduct of the Registrar of the Supreme Court in exercise of power of sale by mortgage. The property was knocked down to a bid of £9OO. GOVERNMENT LIFE INSURANCE. The bonus certificates of the Government Insurance Department are now bein" posted to policy-holders. After making substantial reserves, there was a cash surplus of £192,450 for distribution, being sufficient to provide a general increase in the individual bonuses, which range from £1 to £1 lis per cent, per annum of the sum assured, according to the standing of the policies. The total bonus additions made on this occasion to sums assured at death or maturity amount to £316,742. THE PRICE OF BREAD. Press Association—By Telegraph—Copyright. MELBOURNE, April 16. (Received April 16, at 9.40 a.m.) The price of the 41b loaf has been raised to 7d.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD19090416.2.51

Bibliographic details

Evening Star, Issue 14035, 16 April 1909, Page 6

Word Count
202

COMMERCIAL. Evening Star, Issue 14035, 16 April 1909, Page 6

COMMERCIAL. Evening Star, Issue 14035, 16 April 1909, Page 6