THE ICEANIC COMPANY
ANNUAL REPORT.
LAST YEAR'S LOSSES
! (Received May 11, 10..-5 p.m.) | ' Lcrcdors, May 14. The Oceanic Steam Navigation Company's report shows a, profit of £3So.« r;i- r), after writing ofi' £108,158 for the- loss of tho Titanic. [There is no dividend apart from the j interim divid< nd paid in March 1912. The sum of IiOO.OOO is transferred to | tho insurance fund, and £60,575 is. carried forward.
In addition io the losses through the wreck of the Tifunie and the Olympic, the dock strikes proved costjy to tho Australian and Now Zealand services. Ismay, Imrie and Co. no longer manage the. White Star Lino.
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https://paperspast.natlib.govt.nz/newspapers/TC19130515.2.70
Bibliographic details
Colonist, Volume LV, Issue 13724, 15 May 1913, Page 5
Word Count
106THE ICEANIC COMPANY Colonist, Volume LV, Issue 13724, 15 May 1913, Page 5
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