GENERAL CABLES.
HAPPY SHAREHOLDERS. .■, t A PRETTY STATE OF THINGS. LONDONN, August 8. The report of the select committee on the Swiss Cellulose Company, registered as a British company, reveals that there has been no supervision; that the company had also been relieved of, taxation; and finally got the State to. pay capital expenditure, secured the monopoly of cellulose acetate (the principal ingredient in the varnish for aeroplane wings; and received a contract of the value of three million The company’s capital was 160,000 sixpenny shares. Subsequently the shareholder? received £l4l shares for each sixpenny share. The chief shareholders are Dr. Dreyfus (of Basle); Vickers Limited, and the Plundenneal Trust, of Montreal.
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Bibliographic details
Taihape Daily Times, 10 August 1918, Page 5
Word Count
112GENERAL CABLES. Taihape Daily Times, 10 August 1918, Page 5
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