A BUSTED SYNDICATE.
| To the Editor.] Sir, —In your paper of the 17t inst I notice that a syndicate ha been formed in Waipukurau t take over the business premise now occupied by the Chinamai Owing no doubt to the war i Natal, the money market in Loi don and Waipukurau must I “tight.” The syndicate, with'l l small capital of £l, failed to obta: the required amount; two shar of Is 6d each could not Baron Tinn was b could not see his w T ay to take t balance of the shares; Lord Gum also stood out. It seems api that the original promoters, as th were really the interested partit did not make a further call ai find the necessary ,3s. The ina aging director, the Hoiw. D gusted, is not likely to attem to float another syndicate wita su a large capital. The Broker u quite broke up. Owing to t failure of this company, Waipuk rau shares have fallen -.fths; sellers, no buyers.—Yours, etc., Web Foot,
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https://paperspast.natlib.govt.nz/newspapers/WPRESS19060720.2.7.1
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Waipukurau Press, Volume I, 20 July 1906, Page 2
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171A BUSTED SYNDICATE. Waipukurau Press, Volume I, 20 July 1906, Page 2
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