The Elder Smith Goldsbrough Mort merger
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Manning, Geoffrey Arthur
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Australian National University Press
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Until the 1960s two of the major Australian wool broking and pastoral finance firms, and the stock and station agency businesses were Elder Smith and Co. Ltd and Goldsbrough Mort and Co. Ltd. Heavy demands on their separate resources led to the concept of amalgamation and in 1962 they merged to become the giant Elder Smith Goldsbrough Mort Ltd with 18,000 shareholders and assets of over
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