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AUSTRALIAN CABLES.

ftSydney, January 4. Shareholders of the Finance Association refused to ratify the amalgamation scheme, and instead decided to invite tenders for the purchase of the business, whereupon the Co-opera-fivo Wool Co. withdrew from all negotiations. It is understood that the business lias been secured by the New Zealand Loan and Mercantile Agency Co., Ltd. Most of the engineering establishments have resumed, the Clyde being the exception. Work was resumed yesterday on all the coalfields. Voting on the nineday fortnight commences next week. The defeat of the proposal is anticipated. The storm lias considerably abated, (hough more heavy rain and rough seas are anticipated. (Received This Day, 13.35 p.m.) Sydney, January 4,

■The year’s bankruptcies disclosed a deficiency between liabilities and assets of sequestrated estates of £ 145. A-43. The sea is moderating, but. arriving vessels report a rough lime. Fruit crops suffered severely from the storm.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HC19220104.2.20

Bibliographic details

Horowhenua Chronicle, 4 January 1922, Page 4

Word Count
147

AUSTRALIAN CABLES. Horowhenua Chronicle, 4 January 1922, Page 4

AUSTRALIAN CABLES. Horowhenua Chronicle, 4 January 1922, Page 4

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