STEAMSHIP COMPANIES.
INCREASE OF CAPITAL. .(Press Assn.—By Telegraph.— Copyright.) LONDON, May 3. Peninsular and Orient shares are at 236. The new issue is the cause of the relapse. It is suggested that the directors' action m issuing the new capital is due to a desire to checkmate operators seeking to control the company, f • The Royal Mail Steamship' Company is issuing £900,Q00 worth of ordinary stock, chiefly m view of the development m connection with the opening ofi the Panama Canal.
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Bibliographic details
Poverty Bay Herald, Volume XXXVIII, Issue 12754, 4 May 1912, Page 5
Word Count
81STEAMSHIP COMPANIES. Poverty Bay Herald, Volume XXXVIII, Issue 12754, 4 May 1912, Page 5
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