LORD NUFFIELD
SELLS SHARES AT BIG PROFIT. (Aus & N.Z. Cable Assn.) LONDON. October 12. Lord Nuffielu has sold part of his holding of ordinary shares in Morris Motors, amounting to two million 5/units, for £3,750,000. The purchasers are a syndicate of London stockbrokers, who are marketing the shares to the public. They are expected to open at 38/6, as Lord Nuffield wants the public to he allowed to come in on the ground floor. NUFFIELD’S WEALTH. SEVENTEEN M ILLTONS. — LONDON. October 12. Regarding- Lord Nuffield's sa'c shares, the “DaHv Td’egrnph” pointout that, even after the deal already cibled. Lord Nuffi'dd wall still hold about. nine million five-shilling shares in the Morris firm, which arc valued in the Citv at over sixteen millions. The “Daily Mail” estimates Lorr Nnffidd’s fortune at over seventeen millions.
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Bibliographic details
Grey River Argus, 14 October 1936, Page 6
Word Count
133LORD NUFFIELD Grey River Argus, 14 October 1936, Page 6
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