WELLINGTON WOLLEN COMPANY.
* . (By Telegraph.—Press Association, i WELLINGTON, this clay. At the annual meetin? of the Wellincrton Woollen Company to-day Mr Exley i chairman of rllrectoral said that, notwithstanding qovpre financial depression and general contraction In business enterprise throughout the Dominion, the volume of the company's business rtld not show a decline. Siues had been slightly :n excess of last year's, a more cheerful rone was already npparenr. stocks Into consumption. Tiore coaflitoueo Iα the forward outlook prevailed In the tr:v!e. The industry had passed through Mr,» difficult year 3, due principally to market disturbances, ancontrolla.ble, but not of a per- | manent character. He believed a steadier ! and more normal condition In the woollen trade was approaching. Total liabilities had been, reduced by £24,843, and stood at £42,515. wltb. assets at £187.569. The report, which, recommended ft UivitUuii of als , jfi seat, aru afeiMfc __.
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Bibliographic details
Auckland Star, Volume XL, Issue 213, 7 September 1909, Page 5
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144WELLINGTON WOLLEN COMPANY. Auckland Star, Volume XL, Issue 213, 7 September 1909, Page 5
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