SHIPPING COMBINE RUMOURS
UNION; S,S. CO.'S; SHARES SOiEING. Außtralian-New Zealand Cable Asfooiation. (Rec. July 21, &50 p.m.)' - - London, July 21. ' The ordinary shares of the Union Steamship Company of-'New"Zealand are quoted at 575., a .rise of. 20s. in a fortnight, due to rumours of : the absorption of the company by the Peninsular, and Oriental Company. ..[The Union Company's ordinary shares having teen steadily rising since last .January, when they were quoted at 245. fid.. On the'local market yesterday the quotation was 375! Questioned on the subject last evening. Sir. W. A.' Kennedy, local manager of the Union S.S. Company, expressed considerable: . astonishment at the cabled, quotation of 575., but said that so far as'..ho knew-there was. no foundation for the rumours regarding the P. and 0. merger"/] : .
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Dominion, Volume 9, Issue 2830, 22 July 1916, Page 9
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127SHIPPING COMBINE RUMOURS Dominion, Volume 9, Issue 2830, 22 July 1916, Page 9
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