SHIPPING AMALGAMATION.
THE SERVICES TO AFRICA. By Telegraph.— Association.—Copyright London, December 18. In connection with the statement of the Times that, subject to the shareholders' ratification, the Royal Mail Steam Packet Company and the Elder Dempster Company _ will acquire all the Union Castle Line's ordinary shares, it is pointed out that the price of Union Castle shares has doubled during the past month, and the purchase price is now £32 10s for £10 shares. The Royal Mail -line, which does not belong to the Shipping Conference, absorbs the Union Castle. It is understood that the amalgamation will tender for the South African mail service.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NZH19111220.2.100
Bibliographic details
New Zealand Herald, Volume XLVIII, Issue 14868, 20 December 1911, Page 9
Word Count
104SHIPPING AMALGAMATION. New Zealand Herald, Volume XLVIII, Issue 14868, 20 December 1911, Page 9
Using This Item
NZME is the copyright owner for the New Zealand Herald. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence . This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries and NZME.
Log in