COTTON CORPORATION
BIG LANCASHIRE SCHEME
Australian Press Association.
LONDON, 24th January. Preliminary negotiations are complete for. the promotion of the Lancashire Cotton Corporation,- which has been registered. There will shortly be issued the first debentures. The Bank of England is temporarily supplying the necessary finance. Sir Kenneth Stewart is tho first chairman, and the directorate includes Sir James Cooper. An advisory committee is being formed to arrange the taking over of companies. The corporation expects to acquire at least a hundred mills, and from seven to eight million spindles in 1929. . '
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https://paperspast.natlib.govt.nz/newspapers/EP19290126.2.41
Bibliographic details
Evening Post, Volume CVII, Issue 22, 26 January 1929, Page 9
Word Count
91COTTON CORPORATION Evening Post, Volume CVII, Issue 22, 26 January 1929, Page 9
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