AUSTRALIAN NEWS.
(by electric telegraph.— copyright.) Melbourne, May G. The President of the Chamber of Commerce, in his annual report, states that the year just passed has been the most discouraging since the establishment of the Chamber. He mentioned that in the middle of March over twenty institutions suspended with capital exceeding four millions, which was locked up, and eleven millions of public deposits was rendered unavailable. The whole trouble, he said, was due to an unhealthy and altogether unprecedented expansion of credit. Adelaide, May 0. A proclamation has been issued prohibiting the importation of New Zealand sheepskins for two years, owing to the colony not being declared free of scab.
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Waikato Times, Volume XXXVIII, Issue 3091, 7 May 1892, Page 2
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111AUSTRALIAN NEWS. Waikato Times, Volume XXXVIII, Issue 3091, 7 May 1892, Page 2
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