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HOME & FOREIGN CABLES.

(Per Press Association ) London, Oct. 2. At the Bank of Australasia meeting, Mr H. H. Smith, chairman, said tho severe competition in advances had left the borrowers masters of the situation, and there was not enough business to afford legitimate employment to vast banking capital in the colonies. A sustained rise in produce would improve the position of affairs, but this was unlikely to happen immediately. Australian banking was now approaching the English standard, and he hoped they would be the pioneers of cheap banking in the colonies. Arrived — Perthshire, from Syduey, August 6. Sailed— Star of New Zealand and Morayshire, for Australian and New Zealand ports. Kirkdale, for Wellington. Capetown, Oct. 2, The fifteenth has been set apart as a day of humiliation and prayer owiug to the rinderpest. The natives engaged in the Rand have quietly aquiesed to the reduction in wages. Rome, October 2. Thrc marriage of the Prince of Naples will be celebrated on the 24th instant. Cairo, Oct. 2. Cholera has been stamped out in Egypt-

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https://paperspast.natlib.govt.nz/newspapers/FS18961003.2.16

Bibliographic details

Feilding Star, Volume XVIII, Issue 82, 3 October 1896, Page 2

Word Count
174

HOME & FOREIGN CABLES. Feilding Star, Volume XVIII, Issue 82, 3 October 1896, Page 2

HOME & FOREIGN CABLES. Feilding Star, Volume XVIII, Issue 82, 3 October 1896, Page 2

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