OTTOMAN RAILWAY
British Shareholders’ Dues EXCHANGE DIFFICULTY (Received 14, 10.45 a.m.) INSTANBUL, Sept. 13. It is understood that the Ottoman Railway, a British company, is negotiating with the Turkish Agricultural Bank for the purchase of large parcels of wheat with the objective of selling it in Britain and using the proceeds to pay dividends due to British shareholders.
This is the only method available owing to recent stringent Turkish currency export restrictions. Other foreign concerns operating in Turkey are being obliged to adopt a similar course.
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Bibliographic details
Hawke's Bay Tribune, Volume XXIV, Issue 233, 14 September 1934, Page 5
Word Count
86OTTOMAN RAILWAY Hawke's Bay Tribune, Volume XXIV, Issue 233, 14 September 1934, Page 5
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