COMMERCIAL
(Pan Electric Telegraph-Copyright. )
(Per Febss association. )
(Received 10.50 a.m.. July 22nd.) London, July 21.
Ki. likely that llttgrtiion will be resorted to to decide whether il,B . worth of debenture, of the Urn Mercantile Company, not converted debenture stock, will have firatchargeon the uncalled capital with £l,*>oo,ooo converted debentures. ..... It h«e been found imposnble to ham a scheme of reoonstruollon until Mr Young ha. completed hie examination of the company’s affaire. Mr Justice WdUame granted an order for compulsory wtodmg fp. and expressed a hope that a m<,re detailed elalemset of ..sole would be The earns judge eleo formally sanctioned the London Chartered Bank’s scheme.
(Received 11.45 p.m.. Jtdy 22nd.) The closing prices at the wool sales compared with last auctions show a fall in merino of |d. superior $d to Id ; lambs |d, crossbred £d, and fine |d to Id.
The article headed “Braggart Queensland and Australian Banks ” published in the Investors' Review is attracting attention in financial circles. *
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Bibliographic details
South Canterbury Times, Issue 7268, 22 July 1893, Page 3
Word Count
160COMMERCIAL South Canterbury Times, Issue 7268, 22 July 1893, Page 3
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