G’brough Mort Sales Fall
Goldsib rough, Mort and Company, Ltd., woolbroker and stock and station agent, had turnover of £97m for the year ended March 31, a fall of £sm on the previous year. The main reason for lower profit for the latest year was reduced wool income, directors say in the annual report. Carry-forward this year la greater than last year’* 561.000 bales, which was 44.000 bales l<?ss than the previous year's. Earning from stock sales were better, land sales improved. and merchandise earnings increased. However, earnings from stations were lower, the report says. Latest profit, as already reported. was £566,966 (down £234,565). Dividend, reduced from 10 to 8 per cent, required £384.000
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Bibliographic details
Press, Volume C, Issue 29536, 10 June 1961, Page 17
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114G’brough Mort Sales Fall Press, Volume C, Issue 29536, 10 June 1961, Page 17
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