SHIPPING FINANCE.
MORB CAPITAL WANTED. P. AND 0. AND ROYAL MAIL, By Telerraph—Pr«Ea Association—Oopyrteht (Rec. 'May 3, 11.5 p.m.) tfondon, May 3. Tho P. and 0. Company's deferred stock is quoted at 335, as against 415 a few days ago. Tho now issuo is tho cause of the relapse. •It is suggested that tho directors' action in issuing new.capital is due to a desire to checkmate operators who are seeking to obtain control of the- company. ' ISSUE OP .6900,000 OF STOCK. (Rec. May 3, 11.5 p.m.) London, May 3. The Royal Mail Steamship Company is issuing .£900,000 of ordinary 6tock, chiefly in view of development in connection with the opening of tho Panama Canal.
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Bibliographic details
Dominion, Volume 5, Issue 1431, 4 May 1912, Page 5
Word Count
114SHIPPING FINANCE. Dominion, Volume 5, Issue 1431, 4 May 1912, Page 5
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