ORIENT COMPANY
NEW CAPITAL.' nv IELEGRArn— pniiSs assochtioK—corvßicni. London,' May 28. Tho directors of the.Orient Steam Navigation Company anuounco that they \v,ill shortly ask shareholders to. increase tho capital of tho Company. ' The Company has a hugo undertaking before it, as it has secured, the Australian mail, contract, which carries : ",with; .it' a" subsidy' of £170,000 a year, and an •agreement-to-build live new 17-knot steamers 'of n6t' less than 11,000 toils each; the first to be ready within oighteen months, and another to' be added in each succeeding year, Last year the. Company made a profit of £32,805, and declared a dividend of 5 per cent, on deferred' shares.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/DOM19080530.2.31
Bibliographic details
Dominion, Volume 1, Issue 211, 30 May 1908, Page 5
Word Count
109ORIENT COMPANY Dominion, Volume 1, Issue 211, 30 May 1908, Page 5
Using This Item
Stuff Ltd is the copyright owner for the Dominion. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in