TELEGRAPHIC.

Hot Lakes Chronicle, Volume 3, Issue 143, 28 August 1895, Page 2

TELEGRAPHIC.

Wellington, This day.—The folio: bo the heads of the report of the W raitteo upon the banking quostioi tho Government take £500,000 fr preference shares as new capital for of New Zealand ; that £500,00t» of sending liabilities of shareholder! oalled up for the use of the BankVi that the Estate Company sell part ■ sets to the Realisation B -aid for £1 the Governmeut guaranteeing to ll bonds for the amount of this salt 3h per cent interest. In case of bi euoy, such to be secured upon tfe liability of shareholders of £600.0' lien upon the value of the wbo! atock of the Banking Company. Tk capital of the Bank (£900,000), ami call of £500,000 to be written oif, fc ' capital of the reconstructed Bank a: j 000, made up of £2,000,000 of I* guarantee, £500,000 called-up «; £500,000 of new shares to be Government. A new clause has been insert?Fenciiig Bill applying it to nan' Tho Bill was reported read the t: and passed. A. Bill has been introduced by « Kelly to provide l weekly hiilf-h domestic servants, including house 1 lour m'"'dfl, cooks, waitresses, hotani,j, &o. The Minister of Agriculture do tho prohibition of the shipment of sheep from tho North to Sout'i view of the catt'.e discaso would be The more frequent sittings of t' trate's Court at Whakatauo is dc?: W. Kelly.