WELLINGTON.
This Day. The annual meeting of the New Zealand Times Company was held to-day. The retiring directors were re-elected, and resolved to advertise the paper for sale, and, if no eligible offer was received within six months, then to place the company in liquidation.
The compositors strike has collapsed, the compositors' having withdrawn their demands for increase of pay. The Gas Company are understood to have borrowed £15,000 from the Australian Mutual Provident Society for 3 years at 9 per cent, to avoid the necessity of calling up additional capital to meet expense of extending the works. The City Corporation has resolved to construct filter beds at the waterworks at a cost of £7000. There are now about 1,477 statute adult immigrants afloat for New Zealand. The Government are seriously considering tbe propriety of cabling to the Agent-General to send out 2000 laborers immediately to supply the demand for labor in the colony. The Zealandia, with the January mails, arrived at San Francisco on the 26th inst. , one day in advance of contract time.
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Bibliographic details
Poverty Bay Herald, Volume VI, Issue 639, 1 March 1879, Page 2
Word Count
175WELLINGTON. Poverty Bay Herald, Volume VI, Issue 639, 1 March 1879, Page 2
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