THE INSURANCE RATES WAR.
United Press Association—Copyright
(Received November 30, 8.5 a.m.)
PERTH, November 30. The break-up of the Insurance Combine has resulted in a tremendous rush of business, pr©pei"ty valued at over two millions being insured yesterday. The Perth Tramways covered their whole property1 at two shillings per cent/, while Anglican Church property, valued tat £134,000, was accepted at sixpence per cent. '._..- Four companies have been instructed to close their books,- and fully fifty per cent, of the employees will be idle within the next three months if the trouble continues.
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Bibliographic details
Wanganui Chronicle, Volume L, Issue 12133, 1 December 1906, Page 5
Word Count
92THE INSURANCE RATES WAR. Wanganui Chronicle, Volume L, Issue 12133, 1 December 1906, Page 5
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