PROPOSAL ABANDONED
WOOLWORTHS (N.Z.), LIMITED NEW ZEALAND RESTRICTIONS .United Press Assn.— tioc. To!. CoDyrltrht) SYDNEY, Dec. 13 At the annual meeting of Woolworths (N.Z.), Limited, the chair- ! man, Mr C. Scott Waine, told sharei holders that the proposal to create a
j separate company to be known as | Woolworths (N.Z.) Properties, Lim- | ited, had been abandoned indefinitely j owing to developments in New Zea- ! land’s financial position. L He added that the company had experienced difficult trading conditions owing to New Zealand's restricI tion of imports. Nevertheless, results had been very gratifying. Tne current year would probably be still more difficult owing to the impossibility of replacing many overseas lines.
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https://paperspast.natlib.govt.nz/newspapers/WT19391214.2.119
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Waikato Times, Volume 125, Issue 20987, 14 December 1939, Page 15
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110PROPOSAL ABANDONED Waikato Times, Volume 125, Issue 20987, 14 December 1939, Page 15
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