SUEZ CANAL.
TRAFFIC SHOWS DECLINE. HOPE OF REDUCED TOLLS. United Press Assn.—Elec. Tel. Copyright. (Received Peb. 21, 10.0 a.m.) LONDON, Feb. 20. Traffic through the Suez Canal in 1932 totalled 28,340,000 tons, a reduction of 5J per cent, compared with 1931. British tonnage declined by 903,000 tons, but was still 55§ per cent, of the total. . 'The Financial Times’ Paris correspondent says that Suez Canal shares are falling heavily owing to the belief that despite the official contradiction the directors are contemplating a reduction in tolls, believing that the I company will otherwise lose indefinitely the greater part of the British traffic. Well-informed London circles believe that with a united front British interests will secure a reduction In a few months.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/WT19330221.2.81.8
Bibliographic details
Waikato Times, Volume 113, Issue 18876, 21 February 1933, Page 6
Word Count
121SUEZ CANAL. Waikato Times, Volume 113, Issue 18876, 21 February 1933, Page 6
Using This Item
Stuff Ltd is the copyright owner for the Waikato Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in