AN ENGLISH RAILWAY COMPANY.
Last year one of the great English railway companies changed its name. For half a century it had been known as the Manchester, Sheffield and Lincolnshire, but as it had a costly extension to London approaching completion, it thought fit to adopt the shorter title of the Great Central Railway Company. It has for many years, says a Sydney paper, pursued a fighting policy with its neighbours, and has expended more capital than all the railways in New South Wales have cost. At the'same time, it is one of the very few English companies which has fallen in market estimation, its ordinary stock being now worth only about 40, or one-half what it was worth nearly twenty years ago. During the same period many another great railway company in England has doubled its market value.
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Bibliographic details
Press, Volume LV, Issue 9989, 19 March 1898, Page 7
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139AN ENGLISH RAILWAY COMPANY. Press, Volume LV, Issue 9989, 19 March 1898, Page 7
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