BEAM AND CABLE PACT
REPORTED RATIFICATION. SHARP RISE IN SHARES. (United Press Association.) (By Electric Telegraph—Copyright.) LONDON, May 4. (Received May 4, at 7.25 p.m.) “On reports that the Government had ratified the beam and cable pact, whereby interimperial communications pass from the post office to the new amalgamated Eastern-Marconi Company, says the Daily Mail, Marconi 10s shares rose to 60s 3d. The reports are not confirmed officially, but a well-informed authority says that the negotiations are nearing completion, and an official announcement is imminent. —Australian Press Association.
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Otago Daily Times, Issue 20400, 5 May 1928, Page 11
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88BEAM AND CABLE PACT Otago Daily Times, Issue 20400, 5 May 1928, Page 11
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