THE BANK OF NEW ZEALAND.

Temuka Leader, Issue 2093, 2 September 1890, Page 1

THE BANK OF NEW ZEALAND.

London, Apg., 29. , At the half-yearly meeting of the. Bank of New Zealand Sir Jl Ferguseou, president, said.,(lie formation of..the'New Zwiand Cpjnpany ii^rßtedlarge recoup shareholders.. the sacrifices which they had been obliged to make, Thera was a general improvement in the colony, but« Mr- Buckley’s .rash ~, and , reckless attacks:;had/jmpeded a corresponding imnrovementjin the affairs of ,the bank', and were suggestive, of.an intention to destroy it, .altogether if possible. Mr Buckley’s assertions as ,to additional losses were erroneous, and Sir , Fei*gusson, was confident that they bad got down to ; the bed rock, anjl bad faith in ,the future. to, apply,the Burpio?, from bank,premises to a r reduction of.-fhe deficit . r piakjs the ol4..j.sba^ebol.deri,• responsible t! for losses were withdrawn, fibres have risen IPs, . ;