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LOAN AND MERCANTILE.

POLICY OF THE NEW BOARD. Press Association.—Electric Telegraph.— London, August 2. At the statutory meeting of the New Zealand Loan and Mercantile Agency Company, Mr. Martin said the directors intended to retain half a million of the capital in hand as a liquid asset. . They were considering a proposal to appoint Sir J. Gorst and Mr. Bristow directors to represent the shareholders. Mr. Martin also reiterated the new Board's intention to pursue a cautious> and economical policy.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH18940804.2.41

Bibliographic details

New Zealand Herald, Volume XXXI, Issue 9581, 4 August 1894, Page 5

Word Count
80

LOAN AND MERCANTILE. New Zealand Herald, Volume XXXI, Issue 9581, 4 August 1894, Page 5

LOAN AND MERCANTILE. New Zealand Herald, Volume XXXI, Issue 9581, 4 August 1894, Page 5