SHARE PURCHASE.
TWO BIG SHIPPING COMPANIES.
By Tclecrapb—t'resa Aesociatloa-Comlihl
London, Juno 6. It is understood the Royal Mail Steam Packet Company is purchasing the whole of tho Pacific Steam Navigation Company's sharo capital at par. ' [The Pacific Steam Navigation Company, so long identified with the South American trade, .was in 1840 incorporated by ixoyal Charter, receiving a small subsidy. Ihe company owns 14 ' steamers, aggregating 182,938 tons. The Royal Mail Steam Packet Company, trading to the Americas and the Last, was incorporated in 1839 by Ro.val Charter, with a subsidy of ,£240,0(10. The fleet consists of 50 ,v i th an "BBtegato tonnage of Jl],odl tons.]
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/DOM19100608.2.53
Bibliographic details
Dominion, Volume 3, Issue 837, 8 June 1910, Page 5
Word Count
106SHARE PURCHASE. Dominion, Volume 3, Issue 837, 8 June 1910, 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.