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SAMOAN DEPORTATIONS.

NELSON’S BUSINESS SOLD.. (By Telegraph—Press Association.) . AUCKLAND, Friday. Imporijaat' Pacific trading interests ■change h-iJßds."with the sale to an ‘‘English syndicate of the old-established business of 0. F. Nelson, Ltd., of ■Samoa.” Hard on the heels of the ie■cent political developments, the transaction suggests a sensational sequel to the announcement of Mr 0. R. Nelson s •'deportation from, Samoa. But the fact is that the negotiations for the sale ' had been in progress for the past year •or two. It is believed that the price paid for the business - was £150,000, and that [Lever Brothers, the English soap manufacturers, are interested in the purchase. , •The Nelson business, which has a paid-up capital, of £150,000 (all in the [family), was founded towards the end •of last century by the Hon. O. F. Nelson’s father, a .Swede who married a |fc.Samoan,. The concern prospered, and W its interests covered all the eommodi- ’ ties handled in the islands. Trading ■stations weer established on an exten-•[g'h-e scale throughout the group, and at these depots copra and cocoa were purchased froiifJplanters. Between the Islands, shipping services have been [maintained by the company, which ■owns its own.wharves and plantations.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WDT19271231.2.21

Bibliographic details

Wairarapa Daily Times, 31 December 1927, Page 5

Word Count
194

SAMOAN DEPORTATIONS. Wairarapa Daily Times, 31 December 1927, Page 5

SAMOAN DEPORTATIONS. Wairarapa Daily Times, 31 December 1927, Page 5