WEMBLEY LOSSES.
GUARANTORS BITTERLY DISAPPOINTED. (Received 8. 2.5 p.m.) London, Dee. 7. The guarantors are bitterly disappointed with the Wembley losses, and are likely to urge that an inquiry bo held into the whole financial administration. The auditors issued a statement that the capital expenditure amounted to £2.739,594 and the revenue was £2.814.935. Other expenditure amounted to £1,657,246, leaving a minimum loss of £1,581,905. The Government’s shab' of the guarantee, which has been called up. totals £l,loo.ooo.—(Sydney “Sun” cable.)
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Bibliographic details
Hawke's Bay Tribune, Volume XV, Issue 213, 8 December 1925, Page 6
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79WEMBLEY LOSSES. Hawke's Bay Tribune, Volume XV, Issue 213, 8 December 1925, Page 6
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