New Capital For Papuan Co.
p. 36 · Read in the full issue
AN issue of approximately 20,000 or dinary shares in Steamships Trading Co. Ltd., of Papua, has been offered to shareholders in the proportion of one for every six held on November 28. The new capital will be used for general business expansion, and in particular for extensions and improvements to the slip way at Port Moresby.
Rev. T. G. Paul, of Camden, N.S.W., has accepted the position of Commissary in Australia to the Bishop of Melanesia, Right Rev. W. H. Baddeley.