BAWRA CONTRIBUTIONS
THE WIHSIHG-UP PROCESS Press Association—By' Telegraph— Copyright. MELBOURNE, May 6. As a general meeting of the contributors to “ Bawra,” Sir John Higgins said it had been decided, if nothing unforeseen occurred, to distribute on November 15 next 13s 6d per share, representing the final capital payment of Is a share and a liquidation payment of 12 6d per share. This would mean that the liquidators would • make the first liquidation distribution on account of the association’s assets, amounting approximately to £8,000,000. When the new distribution was made the payments on the Imperial wool and sheepskins contracts would exceed £35,467 ,- 000, which was in excess of the contract price of 15Jd per lb for greasy wool.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/ESD19270507.2.76
Bibliographic details
Evening Star, Issue 19550, 7 May 1927, Page 10
Word Count
117BAWRA CONTRIBUTIONS Evening Star, Issue 19550, 7 May 1927, Page 10
Using This Item
Allied Press Ltd is the copyright owner for the Evening Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence. This newspaper is not available for commercial use without the consent of Allied Press Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.