THE FINNCIAL CRISIS.
Australian Stocks Adman}, London, May 21. There is a renewed sharp advance in Australian stocks. The Daily Telegraph oonsiders i the financial troubles are virtually ' over. The Sootlisb Loader say(tiiat a section of the depositors in the Australian banks desires that the deposit receipts should be negotiable 1 in exohange for land or debentures, . The Statist pronounces against ' the State Bank suggested by the ; New South Wales Parliamentary Committee. It further considers it absurd to suppose that the colonies ' are unable to meet the interest. Sydney, May 22. Over 57,000 I havo current I the banks that have suspenSedT" Brisbane, May 22* Olunn and Sons, merchants, hays 1 failed; liabilities, £BI,OOO.
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Wairarapa Daily Times, Volume XV, Issue 4426, 23 May 1893, Page 3
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114THE FINNCIAL CRISIS. Wairarapa Daily Times, Volume XV, Issue 4426, 23 May 1893, Page 3
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