OCEANIC COMPANY.
THE YEAR'S WORKING
(By Cable.—Pres* Association.—Copyright.)
(Received May 11th, 11.15 p.m.) LONDON, May 14
Tho report of the Oceanic Steam Navigation Company shows a profit of £335,515, after writing off £108,158 for the loss of tho Titanic. No dividend 'is provided for, apart from the interim dividend paid in March, 1912, Tho sum of £100,000 is to bo transferred to tho . insurance fund, and £66,515 carried forward. In addition to the losses on tho Titanic and Olympic, the dock strikes proved costly to tho Australian and New Zealand services. Mr Is may Imrio is no longer manager of the White Star Line.
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Bibliographic details
Press, Volume XLIX, Issue 14666, 15 May 1913, Page 7
Word Count
104OCEANIC COMPANY. Press, Volume XLIX, Issue 14666, 15 May 1913, Page 7
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