MEETING OF BAWRA
DISTRIBUTION OF ASSETS
GREAT PROFITS SfiOWN
(Received 6th May, 2 p.m.)
MELBbUENE, This Day At a general meeting of the contri. butors to Bawra,.Sir John Higrint said that it had been decided, if nothing unforeseen occurred, to distribute on 15th November next 13s 6d per share, representing the final capital payment of Is a share and a liooidation payment of 12s 6d per share Ttaa would mean that the liquidators would make the first liquidation's distribution on account of the association's •*• sets, amounting approximately to £8,.
Sir John Higgins remarked that when the new distribution was made. the profits and payments on Imperial wool and sheepskins contracts would exceed £35,467,000, which was in. «t----cess of the contract price of l<i k lb of greasy wool.
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Bibliographic details
Evening Post, Volume CXIII, Issue 105, 6 May 1927, Page 8
Word Count
128MEETING OF BAWRA Evening Post, Volume CXIII, Issue 105, 6 May 1927, Page 8
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