London.
At a meeting of Bank of England shareholders, Mr Lidderdale, the Governor, said the would be 5 per cent. - The total amount of Baring's liabilities had proved to be £30,000,000 ; £8,000,000 worth of assets had been realised so far, and there would apparently be a surplus of £8,000,000. He did not believe guarantors would suffer. - The outlook in the Argentine was favourable, and he advised shareholders to continue to realise slowly. In the course ofifhis remarks at the meeting Mr Lidderdale said Baring's present liability to the Band was and a half millions, and he was negotiating with Mr Goschen, Chancellor of the Exchequer, for the renewal of the Bank's charter
The press considers the downfall of Murrietta's firm, despite the effort made to support it, has hoples3ly shattered the fabric of relief.
The reception which- Mr Perceval arranged, to give the new Governor of New Zealand an opportunity of meeting the leading colonial bankers and merchants before*, leaving for the Colony, was held and was at« tended by about 100 gentlemen.
. '-■ .New Zealand 4 per cent inscribed stock, 104; _8£ do, 98£.
New Zealand long-berried wheat,
4_te 9d ; market improving. Mutton, Wellington, 4£d. Canterbury lamb, 6Jd ; beef, hindquarters, 4|d. Hemp market is dull, and there have been rib sales of lato, South Australian wheat, 48s 6d, xnarkeLtteak ; Victorian do, 42a 6d, weaker.* 1
The miners are unanimous in the determination to resume on Monday.
. . TUe miners have expressed sympathy with the Charleioi sufferers. The miners have agreed in future to work five days in the week. The Pall Mall Gazette asserts that the losses of the men by the stoppage amount to half a million, and that the cost to consumers will be greater. It alleges that the middlemen and merchants will reap the benefit. The Durham funds are sufficient for three months, and the Federation is making a levy of £4000 per week. Mr Balfour, in reply to Mr Labouohere, stated that he could no say when Parliament would be dissolvedt T
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https://paperspast.natlib.govt.nz/newspapers/MH18920322.2.9.1
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Manawatu Herald, 22 March 1892, Page 2
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335London. Manawatu Herald, 22 March 1892, Page 2
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