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BANK OF NEW ZEALAND.

•• m — MR HEAN'S REPORT, Jt IS, VERY FAVORABLE. , [PEft PRESS ASSOCIATION.] Auckland, May 16. Mr Hean's report on the Bank of New Zealand' was cabled tb tlio London Board on Monday. No copy was fumJßhe.d, to

the local Board of Directors. Cable advices to-day state that the report has been published fully in London. It deals with the whole of the Bank's affairs including the globo assets and current business, and it is understood to be of a very favorable character. Mr Hean gives figures showing the position of the Bank as ascertained from new valuations made under his directions. The London Board have cabled, authorising Mr Hean to supply a copy of his report to the Local Board. This will be submitted at a Directors^ meeting this afternoon, when no doubt its publication will be authorised.

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Permanent link to this item

http://paperspast.natlib.govt.nz/newspapers/AG18900516.2.34

Bibliographic details

BANK OF NEW ZEALAND., Ashburton Guardian, Volume XIV, Issue 2431, 16 May 1890

Word Count
141

BANK OF NEW ZEALAND. Ashburton Guardian, Volume XIV, Issue 2431, 16 May 1890

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