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THE STEEL INDUSTRY

IMPORTANT BRITISH FIRM BANK SECURES CONTROL (Independent Cable Service) PARIS, Jan. 10. (Received Jan. 11, at 1 a.m.) The Bank of England has acquired voting control in the £8,500,000 steel sheetmaking firm of John Summers. Thus Mr Montague Norman becomes head of an important section of the British steel industry. He will be chairman of the controlling committee, with a casting vote.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ODT19390111.2.72

Bibliographic details

Otago Daily Times, Issue 23704, 11 January 1939, Page 9

Word Count
65

THE STEEL INDUSTRY Otago Daily Times, Issue 23704, 11 January 1939, Page 9

THE STEEL INDUSTRY Otago Daily Times, Issue 23704, 11 January 1939, Page 9

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