THE FINANCIAL CRISIS.
THE PANIC IN SYDNEY SUBSIDING A NEW ZEALANDER ARRESTED. [UNITED PEEBB ASSOCIATION.! Sydney, 23rd April. The run on the Now South Wales Saving Bank continued on Saturday, though in i less degree than on the proviou3 day. Desmond, a New Zealandor, has booi arrested for disfiguring the Government pro clamation posted on the Bank, by adding th words " going buncr." A slight run was made on the Commercia r Banking Company and tho Bank of Nev South Wales, but matters quietened dow: considerably before tho closing hour arrived . and a largo amount was re-deposited in th ' Savings Bank. London. 22nd April. Tho Scotch banks and insurance companies in conjunction with tho creditors, havo ac cepted tho schemo for the reconstruction o the English, Scottish, and Australian Chai terod Bank. Two Australian banks cabled an offer o A 1,000,000 of gold to the Australian Join Stock Bank, but the offer was declined.
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Bibliographic details
Evening Post, Volume XLV, Issue 95, 24 April 1893, Page 2
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154THE FINANCIAL CRISIS. Evening Post, Volume XLV, Issue 95, 24 April 1893, Page 2
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