PROFITS AT SUEZ
Canal Revenues Compared
London, May 5.
In the House of Commons, the President of the Board of Trade, Mr. W. Graham, in answer to a question, tabled a comparison of Suez Canal results in 1913 and 1929:— 1913. 1929. £ £ Gross revenue .. 5,148,000 9,600,000 Dividends ..... 2,847,000 4,302,000
Directors’ fees .. 70,000 110,000 The dues were last reduced in September, 1930, to 6.65 gold francs per ton for loaded vessels and 3.325 francs per ton for ships in ballast.
A move is on foot to induce the Suez Canal company to reduce its dues further. Recently, however, the company issued from Paris a denial that formal application for a reduction had been made to it.
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Bibliographic details
Dominion, Volume 24, Issue 188, 7 May 1931, Page 9
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115PROFITS AT SUEZ Dominion, Volume 24, Issue 188, 7 May 1931, Page 9
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