INCREASED BUSINESS
LOAN AND MERCANTILE CO. Received Dec. 6, 8 p.m. LONDON, Dec. 6. Mr Alfred Shepherd, presiding at the annual meeting of the New Zealand Loan and Mercantile Coy., said that the company had handled during the past year 305,681 bales wool of a total value of £6,634,023, compared with 276,438 bales valued at £6,918,829 the previous season. Shipments to London had increased by 10,404 bales, worth £277,344. The credit ■ balance of commission was £697,482, an increase of £19,028. The Bawra payment had been placed to reserve. General administration expenses had increased by £29,081, agencies being created in South Africa, Canada, the United States and Europe.
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Wanganui Chronicle, Volume 72, Issue 291, 7 December 1929, Page 9
Word Count
107INCREASED BUSINESS Wanganui Chronicle, Volume 72, Issue 291, 7 December 1929, Page 9
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