BOOTH, MACDONALD CO.
WRITING DOWN CAPITAL {Per Press Association.) CHRISTCHURCH, this clay. Preference shareholders in Booth, Macdonald and Company agreed, at a special meeting yesterday, to the directors proposals, outlined in the annual report, for the writing down of preference capital by 5s a share to 15s. The reduction will be confirmed at an extraordinary general meeting. N.S.W. WOOL CLIP The New South Wales wool clip, as far as it has been handled to date, is one of the least attractive the State has produced for years. Arrivals of wool in Sydney are now beginning to show the decreased yield resulting from the adverse season over most of the pastoral country. The wools so far appraised continue to reflect the poor growing conditions experienced. Some well-grown att! active lines have been available, but a great number are short in staple, hunger-fine, and carry a large amount of dust, with many lots showing tenderness.
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Bibliographic details
Gisborne Herald, Volume LXVII, Issue 20385, 23 October 1940, Page 12
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153BOOTH, MACDONALD CO. Gisborne Herald, Volume LXVII, Issue 20385, 23 October 1940, Page 12
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