THE ENGLISH PRESS ON THE BANK OF NEW ZEALAND.
(BY KLECTRIO TELKGKAI'H.—COPYRIGHT.) London, October i. The Standard says the circular issued by the Bunk «f New Zealand is the must satisfactory paper that has emanated from the Bank for a long time. It frankly discloses the truth, and corrects past errors, whilo providing a remedy for the unfortunate position into which its affairs had fallen. The proposals fur a clean balance-sheet and obtaining a sufficiency of new capital are, it considers, extremely reassuring. The Times considers that Micro is good reason to hope that the measures proposed will prove effective. The Financial News condemns the seoreey which lias sm rounded the operations of the Bank of New Zealand, and describes the Bank as founding a corner in New Zealand finance. It considers the credit of the colony is involved with the Bank. The Daily News is of opinion that, despite Vogelisni, New Zealand is quite solvent. Bank shares fell to £!1, but have sinco recovered slightly. (l!Y TI'XEORAPII—OWN CORRESPONDENT). Al'cicland, Monday. Sales of Bank of New Zealand shares were made to-day at £9 2s Gd, closing with buyers at £8 10s ; sellers, £0.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/WT18881009.2.21
Bibliographic details
Ngā taipitopito pukapuka
Waikato Times, Volume XXXI, Issue 2535, 9 October 1888, Page 2
Word count
Tapeke kupu
193THE ENGLISH PRESS ON THE BANK OF NEW ZEALAND. Waikato Times, Volume XXXI, Issue 2535, 9 October 1888, Page 2
Using this item
Te whakamahi i tēnei tūemi
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Log in