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Associated Leather
has acquired the whole
of the capital of the
Interstate Rubber Co.
Pty. Ltd.
Consideration is the
issue of 137,000 fully uaid
10/ Associated Leather
ordinary shares ranking
for dividend from July 1,
1954.
This equals £123,000 at
the present 18/ market for
Associated Leather.
Principal business of
Interstate Rubber is cut
tine leather and other
materials for the shoe
trade.
Headquarters are in
Sydney, while branch fac
tories operate in Brisbane.
Melbourne, Launceston.
and Adelaide.
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