Press Telegraph Agency
“Greville's Telegram Company, Reuter's Agents” filled a gap until it was taken over by the Press Telegraph Agency, run by a Captain Holt, and a Wellington journalist, Florence M'Carthy. (FitzGerald and Co. were by then defunct.) Greville and his partner, C. O. Montrose, had a contemporary – an association of 13 papers organised by the Otago Daily Times, working before October 1870 and supplying foreign and interprovincial news to its members. Holt and M'Carthy gained a reputation for being “perfunctory and inadequate” and in June 1878 the Otago Daily Times brought most of the papers together with a jointly owned agency called the Press Association. This was formed in December with 27 members.