SHIPPING LOSSES.
PRESS ASSOCIATION—COPYRIGHT London, Dec. 13: At a meeting or the Peninsular and Oriental Bteam Navigation Company, Sir Thomas Sutherland stated that the mail companies had lost between £90,000 and .£ LOO,OOO on butter freights alono. .Regarding tho new mail contracts, ho said it was not th 3 first time in the history of Australia that outsiders had rushed into a mail contract which an experienced company lika the Peninsular and Oriental had declined, and history recorded the result as a serious disaster.
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Bibliographic details
Gisborne Times, Volume XXIV, Issue 1959, 15 December 1906, Page 2
Word Count
83SHIPPING LOSSES. Gisborne Times, Volume XXIV, Issue 1959, 15 December 1906, Page 2
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