AUSTRALIAN NEWS.
Lphr onitkd press association. j Melbourne, August 17. Wheat. 4s o£d. Flour — Stone makes L 8 12s to L 8 15s ; roller brands, L 9 5* Oats— Danish, 2s 2d ; Tartarian, 2s 2d ; stout, 2s 3d. This Day The report of the committee appointed to investigate the affairs of the Mercan* tile bank reveals some queer financing, and that as fur back as 1889 the bank was past redemption. The losses are £649.000 out of £1 .830,000, It is estimated the shareholders will lose £512,---000 of the firtt named sura. Sydney, August 17, Wemgott's rubber goods factory has been destroyed by fire The damage is estimated at LBOOO. The South British have a risk of LIOOD, the New Z-aland office the same amount, and the National of New Zealand LSOO.
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Bibliographic details
Feilding Star, Volume XIV, Issue 26, 18 August 1892, Page 2
Word Count
132AUSTRALIAN NEWS. Feilding Star, Volume XIV, Issue 26, 18 August 1892, Page 2
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