MORE ENCOMIUMS.
THE STANDARD AND THE TIMES ON THE SITUATION.
|I'KB PRESS ASSOCIATION.—COrYHIGHT.J
(Beceived October 0, 11.-15 a.m.) London, October 4. The Standard says the circular issued by the Bank of Now Zealand is the most satisfactory papor that has emanated from tho Bank for a loiitf time. It frankly discloses the truth and corrects past errors, while providing a remedy for the unfortunate position "into which its affairs had fallen The proposals for a clean balance-sheet and obtaining sufficiency of new capital arc e.xtrtmoly reassuring. _ The Tim«» considers there is good reason to hope that the measures proposed will prove effective The Bank's shares fell to £9, but have rcooTered slightly.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/DTN18881006.2.16.1
Bibliographic details
Daily Telegraph (Napier), Issue 5343, 6 October 1888, Page 3
Word Count
112MORE ENCOMIUMS. Daily Telegraph (Napier), Issue 5343, 6 October 1888, 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.
Log in