THE MERCANTILE BANK
(by klectmc telegraph.—cop\bioht.) London, July 26. Sir Matthew Davies informed tbo committee of the English and Australian Mortgage Bank that he had received a cable recalling him to Aus - tralia whence he sails on Saturday. The committee surmise that it is Sir Matthew's intention to anticipate the accountaut who is being seat to Australia to investigate the bank business. The Financial Times says that Davies left suddenly after the iuti matiorito the committee that it would bo useless to proceed with tbo reconstruction of the Mercantile Bank iu view of the cabled report of the meeting of shareholders of that institution in Melbourne. Much comment is passing on Sir W. Davies sudden departure. It has created a bad impression.
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Waikato Times, Volume XXXIX, Issue 3126, 28 July 1892, Page 2
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122THE MERCANTILE BANK Waikato Times, Volume XXXIX, Issue 3126, 28 July 1892, Page 2
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