VICTORIAN DEPRESSION
suspension of a building SOCIETY. AN ABS'I'iXDIXG I )EF AUI,TKit. ]! Iv\ Y V FAILU UK. DK''iiK vsk i.v Ti:H.\sri;v i;k- ---(; HUM'S. 11; v Ki.Kcntic i Ki.Kiiii\rii. c<)i*vin<:nr.) Mki.iioi'knk, Si■]»t<-illl n-r Tlll-: City <>t" Melbourne building Society lias again suspended. In Xoveinber 1 ist it, 111 rt >1< • ai •|-:tn jri-n n'lll with (Li: t x >si t < n-s, but uwin< to straitened circumstances depositor*' repavnient s have fallen oil*. aii'l trust, deposits falling dii" which t lie t rupees were unable to renew, th<; Society closed its doors.
Hilton, a Williamstown auctioneer, has absconded, leaving debts amounting to upwards of £20.0011. Mr Lincoln, warehouseman in Flinders Lane, has failed with liabilities amounting' to L' 20,000 ; iho assi'ts are £1.3,500.
Treasury receipts for the tirst two months of the current, financial year show a decrease of £S 1,000, compared with the coriesponding p riod in IS9I.
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Bibliographic details
Waikato Times, Volume XXXIX, Issue 3154, 10 September 1892, Page 2
Word Count
147VICTORIAN DEPRESSION Waikato Times, Volume XXXIX, Issue 3154, 10 September 1892, Page 2
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