RUMOURED MERGER
BOOM IN SHIPPING SHARES
(By Cable—Press Association—Copyright.) (Rocoivcd February 25th, 11.30 p.m.) SYDNEY, February 25.
Despite tho statement of the managing director of tho Huddart-Parker Steamship Company that ho knows nothing regarding the persistent rumours about the proposed amalgamation of his company with tho Howard Smith, and possibly the Adelaido Steamship Company, there is a keen demand in Sydney and Melbourne for theso companies' shares, at enhanced rates- Buyers of Huddart-Parker offer 395, but scllors want 45s-
A rccent- cable message stated : —It is rumourod that negotiations are in progress for the amalagatioii of tho Huddart-Parker, _ and Howard Smith shipping companies. Howard Smith, Ltd., are managing agents for the Australian Stoamehip, Ltd., which owns 30 steamers, ranging in eiae from 109 tons to 7707 tons, tho largest being the Canberra.
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Press, Volume LIV, Issue 16146, 26 February 1918, Page 6
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132RUMOURED MERGER Press, Volume LIV, Issue 16146, 26 February 1918, Page 6
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