WELLINGTON. September 27.

North Otago Times, Volume XXXVII, Issue 8088, 28 September 1894, Page 2

WELLINGTON. September 27.

Mr Murray has handed the following inotno to tho Press Association: "Mr M'Loan, at tho Colonial Bank meeting yestorday, quoted from tho la^o balancesheet of sjorttvin banks ligures purporting to show tho ralatjvo proportion of paidup capital and reserves to liabilities, making out tho Colonial Bank to bo in that respect tho strongest, and tho Bank of Now Zoaland the weakest, bank m theso colonies. Mr M'Loan omitted to, tako into consideration tho fact tint since tho Bank of Now Zealand balance-sheet was made up, two millions, which is in tho strictest sonse capital, as liable for tho dobts of tho bank, hfta been added, making tho proportion of paid-up capital and reserves of tho Bank of Now Zealand to liabilities 29 Glpor cent instead of 9-43 as ho stated,"

ovidonces of strong northerly gales and rain, probably in most p.vrtsof the colony, bobwoen midnight of Sunday ind Tuesday. Tim Now South Walos football team left 'ay the Minipouri tljis afternoon with tho excpption of Surman, who rog 1 * to Christ church. Thnro was a largo attends aiico to see I horn off. In contusion with tho list of awards to tho Wellington Technical School, already tolegMpho 1, tho exdiminew mention that tho school would, if in England, be entitled to a grant of L22 upon works submitted by cimltdAto? for composition only. It was notified list year that tho standard would bo considerably twp(\, and no works submitted for third p,rado c^rtilicatj undor certain v^luo would bo admitttid. Undor thego Btringont conditions the success of tho local school is considered very creditable.