CAPITAL WIPED OUT
PLIGHT OF NOTED MUSICAL BODY (United Press Association.—By Electric Telegraph.—Copyright.) NEW YORK, March 23. Two interesting aspects of the economic depression were disclosed to-day at a meeting of the Board of Directors of the Metropolitan Opera C'oy., the most noted American musical body, when it announced that the Company’s capital was wiped out by losses this season, which was the worst in the history of the organisation. The future was seriously in question. It was likely that the Rockfellers may have to come to the company’s aid.
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Hokitika Guardian, 26 March 1932, Page 5
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90CAPITAL WIPED OUT Hokitika Guardian, 26 March 1932, Page 5
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