MOSGIEL WOOLLEN COMPANY.
fiy Telegraph—Fress Association). Du.NEDiN, Last Night.
The Directors of the Mosgiel Woollen Factory, in their thirty-iirst report, state that the continued high prices for wool, combined with keen competition of other mills and increased importation of woollen goods and shoddy made-up clothing, have prevented the Company securing a margin of profit. The Directors regret that, owing principally to the above causes, the year's transactions, after paying a halt-year ly dividend of o\ per cent., shows a loss of £P2sb\ which has been met by transferring i>2ooo from the Preserve Fund, leaving a balance of £74-1 to be carried forward.
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Bibliographic details
Wairarapa Daily Times, Volume XXVIII, Issue 7899, 14 November 1904, Page 6
Word Count
102MOSGIEL WOOLLEN COMPANY. Wairarapa Daily Times, Volume XXVIII, Issue 7899, 14 November 1904, Page 6
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