COMMERCIAL BANK OF AUSTRALIA.
February 8. At a meeting of the Commercial Bank of Australia, Mr Service stated that a reduction of £20,000 had been made in the annual expenditure, and the assets realisation account had been reduced by nearly £700,000. The liabilities of the new Bank were £1,800,000 and the assets £4,800,000, all of the latter being sound. The Bank had anticipated extended deposit receipts since reconstruction to the extent of nearly half a million. The business of the institution was ! good, and the rumours as to the 1 stability of the Bank were without a shadow of truth. WESTERN AUSTRALIA GOLDFIELDS. Perth, February 8. An enormously rich discovery has been made in Hayes Bros. , claim near the White Feather mine. A sample of 8001b of stone which has been brought in contained £300 worth of gold, in addition to 200oz of gold dollied. The stone is white quartz with nuggets clinging to it. Several parties have left to peg out claims. RECIPROCITY. Hobabt, February 8. The Hon. J. G. Ward had a lengthy interview with the Premier of South Australia on the question of reciprocity between the two colonies, and it is understood that it is likely that some practical result will follow.
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Press, Volume LII, Issue 9019, 4 February 1895, Page 5
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205COMMERCIAL BANK OF AUSTRALIA. Press, Volume LII, Issue 9019, 4 February 1895, Page 5
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