CABLE SUMMARY.

Waikato Argus, Volume I, Issue 63, 1 December 1896, Page 3

CABLE SUMMARY.

At a meeting of the shareholders of the English, Scottish, and Australian Honk, the report was adopted and the Articles of Association were altered in conformity with the Act. Mr Began said there need bo no fear for the future of the bank, as the new business would be strictly confined to legitimate banking. The report of the Queensland Investment Company states that the debit balance for the year was £3282, making a total debit of £JX-13. This is stated to be the result of a large amount of unproductive properties. The report states that the funds in baud are sufficient to meet debentures maturing in the next ten years, and that the financial difficulty is completely overcome. At a meeting of the Agency, Land, and Finance Company of Australia, Lieutcnant-Co'onel Bosarquet, the chairman, said Ihe gross profits amounted to £23.043. Nearly £32,000 or calls were in arrears in Australia. The Boviil Company's capital was largely oversubscribed. Forty Sepoys looted the bazaar at Bawul Pindi, in the north-west. Several have been arrested. "Wag Harding has challenged Gaudaur to row for the championship of the woild and £2OO a-side. The British cruiser Jacques has been sent to the Philippines to reinforce the Daphne. Tom Maun has been expelled from Hamburg. The strikers there are protesting against the in portation of Italians. The Medical Board of Calcutta report that the city is in an appallingly insanitary state, and condemn the Municipal body for its condition. The Governor-General threatens to override the Municipal Council, and take the conduct of affairs cut of its hands.