EMPIRE SHIPPING.
Received December 10. 1.25 p.m. LONDON, Dee. 9. The Times city editor says Hon. Alexander Shaw’s speech at the P. and O. meeting was somewhat depressing and administered a cold douche to those enthusiasts forming the impression from the report that the I’, and 0. Line was rapidly regaining its former prosperity. The chairman frankly stated that the uncertainties of British shipping left no prospect of a return to larger distributions. The Daily Mail’s city editor, commenting on the marking down of P. and O. stock after the speech, considered that immense financial strength makes the deferred stock worth holding, but hopes it will be kept within reasonable limits.
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Bibliographic details
Manawatu Standard, Volume LVII, Issue 10, 10 December 1936, Page 10
Word Count
111EMPIRE SHIPPING. Manawatu Standard, Volume LVII, Issue 10, 10 December 1936, Page 10
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