Page 2 Advertisements Column 4

Manawatu Herald, 18 July 1893, Page 2

At a meeting of the creditors of Goldsbrough, Mort and Co. it was resolved that re-construction is desirable if a satisfactory scheme* is presented. A committee of six was appointed to confar with the directors on the matter. Several speakers insisted that the debentures should be secured, and that the creditors should be represented on the Board. Mr Stewart, the official liquidator, states that, owing to depreciation in values, Messrs Goldsbrough, Mort and Co's reserve fund must be. considered to have been entirely absorbed. It is stated that the books of Messrs Goldsbrough, Mort and Co. show that advances amounting to £3,410,000 were made, f J. chat the amount was divided amor g 154 accounts. Ten of the largest accounts average £149,000. The petition to wind up the New Zealand Loan and Mercantile Agency Company will be heard on the 21st inst. Both Houses of Parliament have adopted addresses to be presented to the Queen and the Prince and Princess of Wales congratulating them on the wedding of the Duke of York. Frozen mutton, first quality, 3£d per lb ; second do , 3Jd ; lamb, first quality, 4fd. Beef, forequarters, 3Jd ; hindquarters. sd. New Zealand hemp — Quotations unchanged. At the wool sales competition is good. Prices remain firm. Thß best of the Victorian consignments were freely withdrawn.