FINANCIAL CRISIS.
(KEB PRESS ASS«OU«6*,r-< " ! ' -^ .
The idea of amalgamate some* tf^tM^ , Außtralian\banks is jxauh, toaud Jn-lhet ; city.' •" ' f - ' v 'f^l.K ftTU 1 ' T Three of the leading, Australian Banjcjf are sending three-Wrteft of IFniflffijK gold to Australia, and, if njy»«mW.. _. another half a million 1 wilt' io\lo^%' rise in the. bank rate of discount uj probable in consequence. , '/..,*> At a weeding oflhe sbawbpldertffnd depositors of the English, Seeltiib, and Australian Chartered' Bank, at Edinburgh, a noisy minority was in favor of liquidation, bnt the majority supported the reconstruction aebfa^mf^'^^Z however, adversely cnttoiaed, bgscMUtthjfc? shareholders were made partners and,*^ creditors were not treated **>ifrf , Tha T meeting ultimately . adjourned ftrJv daye. ' ,„ ' ' ""^ MELBOURNE, Mvi r> Bank of Yiotoru And,4^otojpi 1 Melbourne Bank have reopened itfcSwgi » waiting for the expiration o f the fiv^^w^ holiday. . . t .'-> , r .j,-,. % o?he Modern • *i eiety has called a mMtiog W ©pa^£Ci «* Bohemeof reoonatraotion. It wmopmS B « to ask depositors, to consent *> YtttmShi f deposits f« :^. y .^^^^ having bad a dagweteaiag effect upon . lomo of the depoiUori.
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https://paperspast.natlib.govt.nz/newspapers/HNS18930504.2.21
Bibliographic details
Hawera & Normanby Star, Volume xx, Issue 2418, 4 May 1893, Page 2
Word Count
170FINANCIAL CRISIS. Hawera & Normanby Star, Volume xx, Issue 2418, 4 May 1893, Page 2
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