COLONIAL AFFAIRS IN ENGLAND.
(Per Press Association). London, July 26. The New Zealand Loan and Mercantile Agency Company's debentures were subscribed one and a-half limes over. Much comment is passing on Sir M, Davies' sudden departure, and it has created a bad impression, A poll of shareholders in the Imperial and Colonial Finance Company gave nearly 40,000 shares in favour of winding the business up, and 19,000 against. 1 ' As a tb'ree-fohrfcjii majority is requisite to'Urry tlijj proposal, Messrs Robinson and Cecil, who were in favour of the com so, resign their position as directors. July 28. The Australian Agricultural Coal Company has declined to'join' the Newcastle''(trust!'!' Tlie movement is not receiving .general support,
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Wairarapa Daily Times, Volume XIII, Issue 4178, 29 July 1892, Page 2
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114COLONIAL AFFAIRS IN ENGLAND. Wairarapa Daily Times, Volume XIII, Issue 4178, 29 July 1892, Page 2
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