# THE QUESTION OF LIQUIDATION. United Press Association— By Electric Telegraph. Christchuuch, July 6 Statements have been made that there is a possibility of the New Zealand FlourMillers' Co-operative Association going into liquidation. A meeting of directors, at which all were present, was held here today. No official information regarding the business done is available, but it is understood that the question of liquidation was nnt discussed nor has a date been fixed for the meeting to discuss liquidation. The alleged reason for liquidation is that the Timarn millers have lost two-thirds of their trade since joining the Association. (The milling power of the Timaru mills is equal to that of the Christohurch and Dunedin mills combined. The Timaru millers hold that sinoe joining the Assoo'.a tion they have lost two-thirds of their trade for the benefit of the Otago mills The Timaru m'lls were built with a view to a large export trade, and contaia excellent up to date plants.)
Permanent link to this item
Ashburton Guardian, Ashburton Guardian, Volume XXII, Issue 6616, 8 July 1905
The Flour-Millers. Ashburton Guardian, Volume XXII, Issue 6616, 8 July 1905
Using This Item
See our copyright guide for information on how you may use this title.