ENGLISH FINANCIAL CRISIS.
A REACTION.
BARINGS RESUSCITATED.
London, November 23. The severe panic of the last week is dying, and on Saturday a tremendous reaction took place in the sharemartct. Government and other Etocks improved greatly. Colonial stocks rose from a half to one in an amazing manner. Baring Bros, seem to be
on the road to a stronger combination than ever. It is understood that Mr Edward Guiness, the treble millionaire, joins the firm, and that Mr J. C. Baring will place the whole of his enormous fortune to the credit of the house. Hogson Francis and John Baring will remain in the directorate. The firm retain the right to buy out the shareholders at a heavy premium.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/AS18901124.2.23.2
Bibliographic details
Auckland Star, Volume XXI, Issue 277, 24 November 1890, Page 3
Word Count
119ENGLISH FINANCIAL CRISIS. Auckland Star, Volume XXI, Issue 277, 24 November 1890, Page 3
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries.
Log in