SHIPPING LOSSES
REPORT OF CUNARD COMPANY. United Press Association —By Electric Telegrann-Copyright LONDON, March 26. The Cunard Company’s report shows a loss for 1932 totalling £927,261, after providing for depreciation and debenture interest. The report mentions that the structure and machinery of the unfinished Cunarder are maintained in perfect order. Negotiations are in progress which may lead to resumption of work. Australia’s improved position is reflected in a slight expansion of the outward cargo of the Commonwealth Dominion line. The alteration of the New Zealand exchange is likely to restrict British imports.
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Bibliographic details
Timaru Herald, Volume CXXXVII, Issue 19451, 28 March 1933, Page 2
Word Count
92SHIPPING LOSSES Timaru Herald, Volume CXXXVII, Issue 19451, 28 March 1933, Page 2
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