Trading Notes
p. 137 · Read in the full issue
Packaging Venture: The United
Empire Box Co. Ltd. is associated with the Kiwi Polish Co. Pty. Ltd. and C.
Sullivan (PI) Ltd. in the packaging venture to be established in Fiji, near Suva (“PIM”, Feb., p. 127). The com pany will be known as South Pacific Industries Ltd. and will have a capital of £250,000.
BIG PLACER SALE: Placer Develop ment Limited announced in February that it had agreed to sell all of its coal and transport interests in Aus tralia, subject to certain provisos, for about £5,500,000 Australian. As a result, Placer’s consolidated earned surpms would be increased by about £2 5 T he Purchaser is Universe Tankships Inc., one of the D. K. Ludwie group of companies. e
