BANK OF NEW ZEALAND.
; NEW CAPITAL. By Electric Telegraph. — Copyright. (Pi-.R UVITKD PRE: 8 ASSOCIATION ) Received October 4, 12 30 p.m. London, October 2. The present position of the Bank of New Zealand was submitted to the chief financial houses, capitalists, and banks, in London, and after an examination £200,000 of new capital has been privately subscribed by leading capitalists not hitherto associated with the Bank, including a director of the Bank of England, Glyn Mills & Co., Lord Hindlip, aud others of the highest reputation. Additional capital was offered but declined. The policy of facing the situation boldly is approved in the highest financial circles. Received, October 4, 12 45 p.m. London, Gctober 3. A cargo of Australian wheat has been sold at 40/6 and another at 40/9. At the wool sales yesterday, 1 1,700 bales were sold. Good sorts are firm, but faulty and inferior are a trifle easier. Meiboubnb, This Day. Three hundred iron workers on strike surrounded the foundry and attacked several non-unionists, one of whom was brutally ill-treated, and another severely injured. BLENHEIM EIRE.
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Bibliographic details
Feilding Star, Volume X, Issue 50, 4 October 1888, Page 3
Word Count
178BANK OF NEW ZEALAND. Feilding Star, Volume X, Issue 50, 4 October 1888, Page 3
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