CANAL DUES REDUCED
Suez Company’s Decision MORE ITALIAN TRAFFIC Paris, May 18. The Suez Canal Company has reduced its transit dues for loaded vessels to 7/- per ton and for ships in ballast to 3/6, commencing on July 1. The dividend on capital shares has been declared at 355 francs, and on founders’ shares at 369 francs. The “News-Chronicle” points out that increased traffic was due to the Italian war activities, which brought Italy up to second place in 1935 with 6 077,000 tons, compared with fourth place with 2,089,000 tons in 1934. Britain last year topped the list with 15,734.000 tons. Britain will benefit substantially as a result of the increased dividend, as she received £2,394,000 in 1934.
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Dominion, Volume 29, Issue 199, 20 May 1936, Page 11
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119CANAL DUES REDUCED Dominion, Volume 29, Issue 199, 20 May 1936, Page 11
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