Page 5 Advertisements Column 2

New Zealand Herald, Volume XXV, Issue 9217, 21 November 1888, Page 5

Gregory. The K»uri Syndicate is not loved in these parts, and several who have taken up shares in the concern talk of gutting rid of them as speedily as possible. One gentleman talks of advertising his for sale in the Australian papers. In order to find the JO pur cent, interest guaranteed to shareholders, the manager, Mr. Holdship, has reduced wages '20 and 3U per cent. I am informed that Mr. Holdship has stated that now labour is plentiful they must take advantage of it, for when it again gets scarce labour will demand more from them. He thus throws down the gauntlet, and declares war with his employees, which cannot lead to good results. Already some of the oldest and most trusted employees of the old companies have left their occupation, and no one seems to be imbued with any liking for his work, but all seem to look on the company as an enemy who will take all they can, but give nothing in return exmpt bare subsistence.—[Aratapu Correspondent.] Messrs. A. liuckland and Sons will hold their first wool sale for the present season at the Haymarket to-day, commencing at noon. Prior to the sale of wool, a large number of country properties will be submitted to auc♦•;on.