RISE IN WOOL PRICES
STABLE MARKET PREFERRED Eec. 9 p.m. LONDON, Nov. 11. Mr G. S. Tullis, chairman of the New Zealand and Australian Land Company, in a statement with the company's annual report said he agreed with the general feeling that the rise in wool prices had gone far enough. He would prefer to see a stable market rather than one continuing to rise with the obvious danger of a subsequent relapse. The report says the amount brought in was £9037 and the net profit £75,323. The dividend for preference and ordinary stock, less income tax, absorbs, £66,000.
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Otago Daily Times, Issue 26616, 12 November 1947, Page 7
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99RISE IN WOOL PRICES Otago Daily Times, Issue 26616, 12 November 1947, Page 7
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