NORTH NEW ZEALAND WOOLLEN COMPANY.
The liquidators appointed by the shareholders of the North New Zealand Woollen Company received only two tenders in response to their invitation for purchase o 1* the Company's plant, stock and business, and the sums offered being insufficient they have been declined. The liquidators wilj not disclose the names of the tenderers, fof the reason that this might interfe~e with further negotiations. They are still open to dispose of the property by private, contract, and inquiries have already beenreceived from two or three probable purchasers. In the meantime the Company's mill is, kept running as hard as it can rug by the liquidators, and more work has been turned out since the firsb of the month bhan has,ever been turned out before in the same time. During that period some £750 worth of goods has been sent away, and this is entirely. in^ dependent of the local demand. This i* no doubt very encouraging, and makes ii all the more desirable that the property should if possible be disposed of in such a, manner that the mill and the benefit de; rived from ib should nob be removed fronj Auckland. •
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/AS18881017.2.16
Bibliographic details
Auckland Star, Volume XIX, Issue 245, 17 October 1888, Page 4
Word Count
195NORTH NEW ZEALAND WOOLLEN COMPANY. Auckland Star, Volume XIX, Issue 245, 17 October 1888, Page 4
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries.
Log in