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GOLDSBROCOH, MORT. & CO.
MKLItfllTRVi*:. .luno !S.
the annual iiiretinn of WoliM-roujih,
Mori, & Co., Limited, was held today. Sir
William Zeal, Chairman of Dinn-toiv, wib
milled thr annual reimrt and balaucc-tiuect.
which have altoady been published, and
briefly nwwl the content*. He pointed
out that Hlrict economy had been practi*ed,
with the remilt thai the cxpon^es of man
agement were i0,4.'W less than in the prr
viouk year. The Khrinkace of £10,120 in
the groiv income wa* chiefly due to the ef
fect* of dip disastrous and widespread
aroupiit. Jl wa« a mailer of oxtremc rr
(tret thai the pant winon'o wool clip had
produced a dimini^ed quantity, and it wan
prently to l-e fcarnl that tho cominR clip
would nhnw a further thorlapc; but againrt
this heavy 1o«h there wa* the gratifying fea
ture of a m«Kt Mifotantial rine in ihu
price of wool. The report and balance-sheet
wrn- adopted, and tho appointment nf Mr.
It. Cillenpic a* a members' Director was
p*tn firmed.
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