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Ballarat Banking Company
The Ballarat Banking Company was a long-lasting regional bank based in the city of Ballarat, Victoria, Australia, operating from 1865 to 1955. It commenced operation in June 1865, having occupied the former Ballarat premises of the Oriental Bank Corporation. It was one of the banks to suspend payments in the 1892-93 banking crisis, closing in March 1892 but reopening in June 1892 after negotiations with creditors. Hugh Dean Thomas Williamson gained his first banking job with the bank 1917. It "confined its activities to the Ballarat district", but " lourishedin its original form" for nearly a century. In 1934, it had branches in Ballarat and three adjoining towns. It was acquired by the National Bank of Australasia The National Bank of Australasia was a bank based in Melbourne. It was established in 1858, and in 1982 merged with the Commercial Banking Company of Sydney to form National Australia Bank. History In 1858, Alexander Gibb, a Melbourne gentlema ... in 1955 for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ballarat, Victoria
Ballarat ( ) is a city in the Central Highlands of Victoria, Australia. At the 2021 Census, Ballarat had a population of 116,201, making it the third largest city in Victoria. Estimated resident population, 30 June 2018. Within months of Victoria separating from the colony of New South Wales in 1851, gold was discovered near Ballarat, sparking the Victorian gold rush. Ballarat subsequently became a thriving boomtown that for a time rivalled Melbourne, the capital of Victoria, in terms of wealth and cultural influence. In 1854, following a period of civil disobedience in Ballarat over gold licenses, local miners launched an armed uprising against government forces. Known as the Eureka Rebellion, it led to the introduction of male suffrage in Australia, and as such is interpreted as the origin of Australian democracy. The rebellion's symbol, the Eureka Flag, has become a national symbol. It was on display at Ballarat's Museum of Australian Democracy at Eureka (MADE) from 2013 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Manning River Times And Advocate For The Northern Coast Districts Of New South Wales
The ''Manning River Times'', also published as ''The Manning River Times and Advocate for the Northern Coast Districts of New South Wales'', is a twice weekly English language newspaper published in Taree, New South Wales, Australia. History The ''Manning River Times'' is currently published in Taree, New South Wales, by Australian Community Media. The newspaper is titled after the Manning River which is a prominent river system near the town of Taree. The ''Manning River Times'' started publication in 1952 and is still published currently. Previously to 1952 the newspaper was published as ''The Manning River Times and Advocate for the Northern Coast Districts of New South Wales''. It was first published by William Burnham Boyce (1869-1968) in 1896. ''The Manning River Times and Advocate for the Northern Coast Districts of New South Wales'' was published twice a week on Wednesday and Saturday up until 1954. In 1954 under the title ''Manning River Times'' it expanded publication ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Disestablished In 1955
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1865 Establishments In Australia
Events January–March * January 4 – The New York Stock Exchange opens its first permanent headquarters at Broad Street (Manhattan), 10-12 Broad near Wall Street, in New York City. * January 13 – American Civil War : Second Battle of Fort Fisher: United States forces launch a major amphibious assault against the last seaport held by the Confederate States of America, Confederates, Fort Fisher, North Carolina. * January 15 – American Civil War: United States forces capture Fort Fisher. * January 31 ** The Thirteenth Amendment to the United States Constitution (conditional prohibition of slavery and involuntary servitude) passes narrowly, in the House of Representatives. ** American Civil War: Confederate General Robert E. Lee becomes general-in-chief. * February ** American Civil War: Columbia, South Carolina burns, as Confederate forces flee from advancing United States, Union forces. * February 3 – American Civil War : Hampton Roads Conference ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 1865
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
