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Newspaper
Manilla Express
Location
Manilla, New South Wales, Australia
Date
Aug 09, 1929
Page
6
Pitt, Sen and Badgery Ltd report Rabbit Skins offerings totaling 914 tons. Market opened steady but weakened as sales slowed, with closing rates 2d to 3d per unit lower. Quoted prices cover winters, comings, Autumns, pelts, damps, blacks, farms, and greys. Fox skins show firm prices with slight improvement in better qualities.
A long featured report details the Neneo wool and stock operations expanding in the Northern and North-Western State regions. It highlights a modern steel wool store, a deep sea outlet with wharf, new sales schedules, and strong graziers support. The piece notes successful initial wool sales, planned September and October open days, and a push to keep wool and stock trading local to Newcastle. It mentions weekly fat stock sales at Waratah Abattoir since 1927, savings on freight, and a brokerage-free station-supply department. The growth is framed as a robust, producer-backed enterprise with future wool lending and stock mortgage activities.
A large equity claim arises from George Alan Bond former managing director of Bond and Co Ltd seeking refund of allegedly wrongful director fees and expenses. The case outlines salaries from 1920 to 1927, payments to Bond and his father, commissions from a New Brunswick supplier and travel costs. The defence asserts director salary decisions were approved by the company and later reduced. The matter remains partly heard with references to Master in Equity to determine excess remuneration and potential restitution.
The passage presents garbled notes about servers mechanics advances and valuation questions for a company. It mentions Newcastle Company, asset status, and references to financial concepts and envisioned reforms, with many unclear phrases and incomplete sentences.
Classified notice offering guaranteed Ford Tourer at White Way Manila with deposits and weekly payments, plus Essex Six with monthly terms. Short list shows two models, deposit and installment options, and location White Way Manila.
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