TRADING TO SPAIN
Shipper Makes Money Fortune is said to have smiled on Mr. Jack Billmeir, owner of a score of ships trading with the Barcelona Government. He has been able to acquire a country residence near Whitstable, Kent, and a large house in Bishops Avenue, East Finchley. Bishops Avenue lias been termed tho “.Millionaires’ Avenue,” because so many wealthy meu live there.
Mr. Billmeir has been in the shipping business ever since he started work. But it was not until recent years that his name became prominent. Today he is a wealthy man; some people say that he has made as much as a million pounds. The .Stanhope Steamship Company Ltd., of which Mr. Billmeir is principal shareholder, took its name from the road, Stanhope Road, N.. where Mr. Billmeir lived quietly and unpretentiously with his young wife. Air. Billmeir also gave the prefix “Stan to the names of some of his ships. The Stanhope Steamship Company was registered in 1934 with a nominal capital of'£4ooo. In December 1936 the nominal capital was increased to £25,000, and a month later there was a further increase to £40.000. By April last year it had reached £6O 000, and last February It was £BO,OOO. Some months ago Mr. Bullmeir owned 23 ships, but 12 have been bombed in Spanish ports, and some sunk. He now has 20 ships trading with Spain.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/DOM19381213.2.44
Bibliographic details
Dominion, Volume 32, Issue 68, 13 December 1938, Page 6
Word Count
230TRADING TO SPAIN Dominion, Volume 32, Issue 68, 13 December 1938, Page 6
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