THE FINANCIAL CRISIS.

Wairarapa Daily Times, Volume XV, Issue 4415, 11 May 1893, Page 3

THE FINANCIAL CRISIS.

faqmrion of the Bank of' Victoria. ■ Hzuoqkkc, May 9. 1 „ QyJßwik of Victoria has au«pended 1 «. Th« directors have issued that, owing to heavy I tiejr projKwe l* immeoa similar lines to 4feN»"fekk«Q by other banks. They lint thay are satisfied the t9 perfectly solvent. The uhowed liabilities including m*ssum*£Ms7,GQ6. The assets in®s«*aeea to the extent of Smcoo, - * LoMBpH.May 9, .frfc £, Btteiisg of depositors in the g«nSr feere ware only twentyu - ■ S&varal ohieuted to take shares. Tte directors then Sm^atttAJtO : adjourn. that early in the year I « Ktlf iMMd to the depositors , WOaid fall due in April, TaCLa. *sdL liana, asking them to agree to the reqneet met with ggg-t responses. The " SjL«im> iMii *%££. ll« p&ute i> Victoria followed, 'gflSMj rt-*.' I# imttnsr £K3e, and appointed to watek the progress of \ 3bV *oM>d«r the scheme an-petition-j gp«rttoproteot itt MMti. Mr %s, Ifey'tar, Chairman of tbe Tiaui of Directors, and Mr tbe directors, at tha suspension, vto.wptg » w a!14110 1 wj May. . ... ,; ""li&ad, hava fallen ■mtM, May 10. Bank of Yio"|o Victor!®, in «*eaty branches. mi. Avim 1 ' °»

tho Colonial Bank ul Aiietriitama have iniojitfd iho reeorii'ruc; mi) scbi'inn. Adki.aidk, Mnv 10, Tim llliarthijliii rJI and do)>o;iitor[j of Hit National il'iiik <>( Aunlmln'iiA liavn accepted the reomfliruetion mliuiih-,