Mr. Alexander Ferguson, Manager of the National Bank of New Zealand in Christchurch, was born in 1849, and educated at the Tain Academy. He served for about three years in the British Linen Company's bank at Tain, Scotland, (which dates back for 150 years), and three years later removed to London, joining the staff of the Oriental Bank Corporation. Subsequently Mr. Ferguson had a short commercial experience in Liverpool, and in 1873, joined the National Bank of New Zealand, in London. Four years later he was transferred to New Zealand; in 1878 he was appointed manager at Balclutha, and after two years' service was transferred to Timaru in a similar capacity. Since 1885, he has had charge of the bank in Christchurch.