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Australian Mortgage Company.

[United Press Associa'ion.] London, April 2i. c peaking at a meeting o£ shareholders of tlio Australian Mortgage Land, and Finance Company, Mr Young, tbo General Manager, complained that tho Victorian Government was trying to balance its ledger by increasing taxation on industry. The prospects in New South Wales mw much brighter than could have been thought a year ago. Ho believed that wool had turned tho corner, and that ther3 was a reasonable hips o£ improvement in inferior wool. Mr Young deplored the constant changes of land tonu-e in New South Wales. Ha thought Queensland would rapidly restore its financial equilibrium, and he eulogised the firmness of the Government of the Colony on the labour questions. The Company would soon find a profitable outlet there for a lurgj amount of money. Mr D. Aitoheson, a director, believed that wool would continue to improve. '.: 10,000 was carried to reserve.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NEM18950426.2.12.1.4

Bibliographic details

Nelson Evening Mail, Volume XXIX, Issue 97, 26 April 1895, Page 2

Word Count
151

Australian Mortgage Company. Nelson Evening Mail, Volume XXIX, Issue 97, 26 April 1895, Page 2

Australian Mortgage Company. Nelson Evening Mail, Volume XXIX, Issue 97, 26 April 1895, Page 2