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LATEST NEWS BY CABLE.

—- NEW TEA COMPANY. United Press Association. By Electric Telegraph. — Copyright. (Received Maroh 8, 9.50 a m.) London, March 7. Tho business of Sir Thomas Lipton, the well-known tea merchant, has been floated into a limited liability company, with a capital of two an I a-half millions. The vendor received -_2,4_6,6_G in cash and shares. The new scrip is quoted at a premium of 7s 7d. The American and Canadian branches are not included in the flotation.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DTN18980308.2.27

Bibliographic details

Daily Telegraph (Napier), Issue 9108, 8 March 1898, Page 3

Word Count
80

LATEST NEWS BY CABLE. Daily Telegraph (Napier), Issue 9108, 8 March 1898, Page 3

LATEST NEWS BY CABLE. Daily Telegraph (Napier), Issue 9108, 8 March 1898, Page 3