Rio de Janeiro Gas Company directors announce share plans
Prospectus outlines a concession to import machinery and raw materials free of duty for gas manufacture in Rio. Purchase price £600,000 paid as £150,000 deposits and £450,000 on June 30, or upon handover after Imperial Decree, with option to pay half in fully paid shares. Net profits 1863 £64,500 and 1864 £65,000, suggesting strong yields. Directors and offices listed for prospectuses and applications.
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