AUSTRALIAN NEWS.
BANK AMALGAMATION.
t TWO HOUSES TO' COMBINE,
Australian and N.Z. Cable Awciation.' ■' (Seed. 7.15 pja.) ' MELBOURNE. Aug. 22. The directorates of ■ the National} and • Colonial .. : Banks i""of - : ' Australasia;---: have drafted a scheme for, the amalgamation of ] 1 the two institutions, which ; will. shortly .'» be submitted; for the'approval of share- '. holders. " The new institution will be | called > the j National; Bank • of., Australasia, and :' will have YaT' paid-up : capital ; ; of j £2,000,000, with a : nominal capital of j £5,000,000, by [readjustment and reissue of : shares to the present holders. : ; 1 ,'•' BROKEN HILL MIKES CLOSED. 1 (Reed. 7.15 p.m.) '*> SYDNEY. Aug. 23. ■ 1 Owing to a strike at Fort - Pine, four ; mines.;at' Broken Hill have closed, rendering 5000 men idle, f ■/;■;■■ :Ml, ■:;-.'-,: ■■>':! PAYMENTS FOB WOOL CLIP, [U (Reed. 7.15 p.m.) MELBOURNE, Aug. 22. ...-[■ The Government has : made ;a} further payment to the wool growers amounting to" £6,094,000. ' ' ; * „ ALIENS AND TEE VOTE. (Reed. 745 p.m.) -■■ SYDNEY. Aug. 23. A petition signed by 25,000 electors has ■ been presented •■'to -Parliament praying for - the ; disfranchisement [of [, all ': enemy sub- [.' jects and their descendants. f ;';■.(.. ;•.
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Bibliographic details
New Zealand Herald, Volume LV, Issue 16936, 23 August 1918, Page 6
Word Count
181AUSTRALIAN NEWS. New Zealand Herald, Volume LV, Issue 16936, 23 August 1918, Page 6
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