Bank of New Zealand
By Electric^ Telegraph.— Copyright. JPBR TTNITED PHESS 'ASSOCIATION. I London, December 11. The alarm created by the publication of Mr Buckley's speech at the Bank of New Zealand meeting in Auckland is abating, and depositors have been reassured. The latest' quotation of the Bank of New Zealand shares, is old issue £7 new. issue £10. . Depositors in the Bank of Ne.v Zealand are calmer, to-day, and it is hoped that they will be pacified. The Board of Directoia issue a circular tomorrow. November 12. - Deposits are coming in freely to the Bank of New Zealand, and confidence is fiully restorted. Shares are firmer. The Bank of New Zealand business ' is normal, and there is no rush of depositors or a panic. Fresh deposits are best received, and shares which are difficult to obtain, are rising. The London Directors, in anticipation of the removal of the administration of the Bank to London, have sanctioned sending an officer to Auckl nrl to ex amine affairs,
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Bibliographic details
Feilding Star, Volume XI, Issue 75, 14 December 1889, Page 3
Word Count
167Bank of New Zealand Feilding Star, Volume XI, Issue 75, 14 December 1889, Page 3
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