The Suez Canal.
DECREASE IN EARNINGS. OERMAX DIRECTOR RKMoVED. Received .lime 10, 10.50 p.m. Paris, .Hun' 15. At a meeting of the Suez Canal Com pany the report stated that the com mercial traffic lor the period fell by nearly 40 per cent., bui military transport constituted an im pi.'Vlant' H't-off. The company's losm foi tin- iir>t five mouths was (!} million francs, this being reduced to -l 1 millior by the ante-war surplus. Receipts <!•- creased during the current year iby 3; per cent, as compared with the corn's ponding receipts for 1011. The dividend was fi>:e<l at 120 francs net. eigMeer million francs being carried forward, am 1 the meeting was hopeful that then would be liu further decrease in tin dividend. - The motion for removing Ilerncheii a German direi-tor. was carried.
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Taranaki Daily News, Volume LVII, Issue 316, 16 June 1915, Page 5
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132The Suez Canal. Taranaki Daily News, Volume LVII, Issue 316, 16 June 1915, Page 5
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