FINANCIAL NEWS.
IBSIITKD pnCSS ASSOCIATION.! Mei.boubnb, 25th April. A decidedly more buoyant feeling is evident in commercial circles, 'ike general opinion is that business is steadily improving. Warehousemen stato that it is sounder and bettor than during the last three years. London. 2lth April. Speaking at the meeting of shareholders of the Australian Mortgage. Land, and Ftnauce Company, Mr. Kdmou'd M. Young, General Manager, said the prospents in New South Wales were much brighter than could have been thought a year ago. He believed that wool had turned the corner, and that thero was a reasonable hope of improvement in inferior wools. The oompany would soon find it a profitable outlet for a Urge amount of money. Mr. D. Aitchiaon, one of the directors, believed that wool would continue to improve. The sum of 410,000 wob oarried to the resorvo fund, I'ho Australasian Investment Company's balance-shoot Bhows a balance to the credit of profit and loss account of £150. The debenture debt has deoreased by £4,000 and .£ISOO is debited to the reserve to meet loss on one of the Queensland properties.
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Bibliographic details
Evening Post, Volume XLIX, Issue 98, 26 April 1895, Page 2
Word Count
182FINANCIAL KEIFS. Evening Post, Volume XLIX, Issue 98, 26 April 1895, Page 2
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