RECEIVER AT OFFICE OF LABOUR PAPER
SYDNEY, May 13. It has been announced that a receiver has been appointed at the office of The Daily News, formerly the Labour Party’s daily newspaper. The directors state that the receiver’s appointment is the outcome of an amicable arrangement with the Bank of New South Wales, v'hich has an overdraft of about £50,000 over the newspaper. Efforts are being made to sell the paper and plant by tender. Meanwhile it will be carried on as the official organ of the Industrial Labour Party, led by Mr R. J. Heffron.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/ST19390515.2.52
Bibliographic details
Southland Times, Issue 23817, 15 May 1939, Page 7
Word Count
96RECEIVER AT OFFICE OF LABOUR PAPER Southland Times, Issue 23817, 15 May 1939, Page 7
Using This Item
Stuff Ltd is the copyright owner for the Southland Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.