BANK OF NEW ZEALAND
(by electric telegraph.— copyright). London, February 10. At the half-yearly meeting of the Bank of Now Zealand, the Hon. Mr Glynn, chairman, said the deposits had increased and credit was improving. The Bank had not been affected by the failures in Australia. Later. It was stated at the Bank of New Zealand meeting that £20,000 was expected to be carried over to next year. The Chairman said the new taxation in New Zealand did not affect the Bank, though it would considerably affect the Estates Company. The Bank was reducing advances in Australia, believing it to be a risk in the present state of affairs there.
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Waikato Times, Volume XXXVIII, Issue 3055, 13 February 1892, Page 2
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110BANK OF NEW ZEALAND Waikato Times, Volume XXXVIII, Issue 3055, 13 February 1892, Page 2
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