INDIAN BANKS
LONDON, December 5. It is announced in London that a powerful syndicate iias acquired the Specie Bank. Three million pounds’ worth of silver is held bv the London brokers. BOMBAY, December 5. A sensational revelation has been made. The Specie Bank has already lost half a million in silver speculations, and will probably lose another £200,000 upon the stocks in the hands of London brokers. A petition has been presented to wind up the Bombay Merchants’ Bank.
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https://paperspast.natlib.govt.nz/newspapers/OW19131210.2.68
Bibliographic details
Otago Witness, Issue 3117, 10 December 1913, Page 24
Word Count
79INDIAN BANKS Otago Witness, Issue 3117, 10 December 1913, Page 24
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