Hawkes Bay Woollen Co.

Waihi Daily Telegraph, Volume IV, Issue 1102, 24 September 1904, Page 2

Hawkes Bay Woollen Co.

Not Payiiiy

By TeleKraph.—Proau Association. Namer, thiß day. At tho annual mcotiug of the Haw lie's Bay Woollen Manufacturing Company* Limited, tho balance sheot ohowod a (on siderablo loss on tho year's working, ckiofly owing to tho rise in price of wool, bill partly to tho ovor-<manufacture of the class of goods with which tho market was fully stocked. A resolution wab passed that tho directors bo empowered to make the best arrangements thoy enn, either for introducing now capital into tho company, to onablo tho business to bo earned ou, or to disposo of tho promises and plant as a going concorn,