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THE FINANCIAL CRISIS.

Settling Down, Larqe Supplies of Gold. 1 London, Judo 12. The creditors of the Commercial Banking Company of Sydney havt unanimously approved the reconstrno tion scheme. The shareholders io the Englisl Scottish, and Australian Chartac Bank approved theirßobeme, witb 0111 dissentient. At a large meeting of depositors ji the same bank, Mr tSeddon ( represeii l iug oyer fiOOO Australian creditors moved the adoption of the umendei scheme.. Considerable objection wai raised by Scotch depositors and ih show of hands was slightly adverse t< ' the proposal, but tho Aoatraliai proxies we wtaip jo carry it, •

Symk'y, June 13," Tho Treasury notes issued to tho buirent account holders in tho suspended banks amount to i22G,0U0. Gold is slowly returning to the d bunks, and everything points to the normal state of affairs being resumed at an early date,' tf Q'iie It, MS. Britannia, from London i- landed v 6252,000 in gold here, . n Ado-aidr, June 18. )i The R.M.R. Ophir, from London io In'oiight Xl,ooo,oooni d ——-

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/WDT18930614.2.15

Bibliographic details
Ngā taipitopito pukapuka

Wairarapa Daily Times, Volume XV, Issue 4443, 14 June 1893, Page 3

Word count
Tapeke kupu
167

THE FINANCIAL CRISIS. Wairarapa Daily Times, Volume XV, Issue 4443, 14 June 1893, Page 3

THE FINANCIAL CRISIS. Wairarapa Daily Times, Volume XV, Issue 4443, 14 June 1893, Page 3

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