WELLINGTON.
♦ J (Per Press Telegram Agency.) Monday. The Bank Arrangement. The new arrangement between the Banks came into force to-day, and discounts now are 7 per cent, under 95- days, and 8 per cent, above that period, while the highest rate of interest to be allowed is 5 per cent. It is expected this will release a great deal of money which was withdrawn from ordinary channels of investment so long as the banks gave 7 per cent for deposits. Mr O'Rorke to be Chairman of Commlttees. The Tribune understands there is not likely •f 0 beany opposition to the appointment of O'Rorke as Chairman of Committees of House of .Representatives, and says there is no doubt the Government will support his reappointment. The San Francisco Mail. The City of Melbourne left San Francisco ■ffith the English mails on the 21st June, and is expected to arrive in Auckland before the due date. Sailed : Taranaki for Nelson and the Forth. Passengers : Messrs Kemp, Crook, Grant, Beck, "Wright, Elior, Harcourfc, Dr and Mrs Grace, Messrs Hodgskin, Mr and Mrs Maxwell and family. A New Commission of the Peace. A CommisßioEL of the Peace has just been issued,
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Auckland Star, Volume VI, Issue 1679, 6 July 1875, Page 3
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196WELLINGTON. Auckland Star, Volume VI, Issue 1679, 6 July 1875, Page 3
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