P. AND O. COMPANY
CONVERSION TO OIL BURNERS. By Telegraph—Press Assn. —Copyright. London, Nov. 30. The Peninsular and Oriental Company’s balance-sheet shows a credit balance of £19,056, reserve for the redemption"*of debentures £274,687, brought forward £133,130. r The report states that, thanks to the conservative policy -hitherto adopted and not to the profits made, the directors are prepared to propose a dividend of 10 per cent, on preferred stock. Erperience with oil fuel having been satisfactory, the Narkunda and Naldera will be converted from coal to oil as soon as possible.
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Bibliographic details
Taranaki Daily News, 2 December 1926, Page 10
Word Count
91P. AND O. COMPANY Taranaki Daily News, 2 December 1926, Page 10
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