A SHIPPING DEAL.
* ■jj Tel»yr»pli—Praia Aunocialior,—Cepyriqlil. Australian and N.Z. Cable Association. (Received Juno 3, 11.15 a.m.) NEW YORK, May 21. The directors of the International Mercantile Marino Company have approved of the proposed sale of the company’s English tonnage to a British syndicate. Tho board decided to call a special stockholders’ meeting on June 16 to act on the offer. The sale will include eighty-five ships, including the Olympic, the Adriatic and the Baltic, and forty-four largo ships of the Lcyland line, freighters, and all other assets of six British subsidiary companies. The price approximates 130,000,000 dollars.
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https://paperspast.natlib.govt.nz/newspapers/TS19190603.2.62
Bibliographic details
Star (Christchurch), Issue 12647, 3 June 1919, Page 6
Word Count
97A SHIPPING DEAL. Star (Christchurch), Issue 12647, 3 June 1919, Page 6
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