N.Z. LOAN AND MERCANTILE AGENCY.
THE RECEIVER'S ESTIMATE. Press Association—By Telegraph-Copyright. LondoU, December 26. Mr Stewart estimates the gross liabilities of the New Zealand Loan and Mercantile Ageocy at £5,440,000, of which it is expected that £2,250,000 will rank. The total assets amount to £4,494,000, from which is deducted the sum of £1,370,000 for debenture holders'claims, leaving £3,123,000 to meet the two and a quarter million liabilities, which are expected to rank, thus giving a surplus of £873,000.
(PRKSS ASSOCIATION" TELEGRAM.) . AUCKLAND, December 27. The General Manager of the New Zealand Loan and Mercantile Company has received a cablegram that the Official Receiver has called a statutory meeting for the 9th of January.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP18931228.2.23.2
Bibliographic details
Press, Volume L, Issue 8676, 28 December 1893, Page 5
Word Count
113N.Z. LOAN AND MERCANTILE AGENCY. Press, Volume L, Issue 8676, 28 December 1893, Page 5
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 Christchurch City Libraries.
Log in