B.A.W.R.A. FINANCES.
CERTIFICATES DISTRIBUTED. FACE VALUE OF £22,000,000. A. and N.Z. MELBOUBNE, July 25 The Central Wool Committee is distributing priority wool certificates and share certificates in the British-Australian Wool Realisation Association, representing £22,000,000, and is also returning the certificates of small growers, reducing the number of shareholders to 50,000. A. and N.Z. SYDNEY. July 25. The certificates which the B.A.W.R.A. is distributing represent a face value of £22,000,000, the total cash distribution being £5,005,000. Of the £10,000,000 worth of priority certificates the directors are retiring 47.5 per cent., equal to £4,750,000. They are also retiring the certificates o't small growers whose individual contributions to the wool pool were valued at £100 or less.
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Bibliographic details
New Zealand Herald, Volume LVIII, Issue 17843, 26 July 1921, Page 5
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114B.A.W.R.A. FINANCES. New Zealand Herald, Volume LVIII, Issue 17843, 26 July 1921, Page 5
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