CABLE NEWS.
(reuter’s telegrams.) , THE TASMANIAN LOAN. London, May 7. Tenders for the Tasmanian loan at 104 will receive 17 per cent, of the allotments, and tenders above that parcels in full. FOUNDERING OF A STEAMER AND GREAT LOSS OF LIFE. Intelligence has been received that the steamship State of Florida, trading between Glasgow and America, and which was several days overdue, came into collision with a barque in the Atlantic, and sank almost immediately. Of 167 souls on board, only 44 were rescued by the barque or saved in the steamer’s boats. May 8. Her Majesty the Queen arrived at Windsor Castle, from Darmstadt, yesterday evening. THE ORIENTAL BANK. The Oriental Bank Corporation, which suspended payment on the 3rd inst., was compelled to adopt this course in consequence of rapid and unexpected withdrawals of deposits at its Eastern branches. The examination, which has been already made of the available assets, show that the depositors will probably receive 17s. 6d. in the pound, and in the meanwhile a liquidator will undertake the management of the company’s estates in the Mauritius.
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Poverty Bay Standard, Volume I, Issue 127, 9 May 1884, Page 2
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180CABLE NEWS. Poverty Bay Standard, Volume I, Issue 127, 9 May 1884, Page 2
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