... utillsed out of provisions; made for., that purpose. Those , combined payments settled all outstanding claims of the Persian Government in addition to meeting the full payments due for the two years ending December 31, 1932, under the new scale royalty ...

... to-day'smeeting of the Anglo-Persian Oil Company, referred at some length to the recently concluded agreement with the Persian Government. He said that stockholders would appreciate that.it had been easy task to evolve a new and balanced agreement In the ...

... £1,022,069 £1,071,341 B% £720,130 iement Is the more en It Is realised that struck after making ill royalty and taxa- Persian Government settlement. It will the carry forward Is auced, but the surplus adequate by the board In tlement with the Persian lfter ...

... £60,000 more that the capital Bank. It should noted that the reserve does not Include the £200,000 reeSiveq.frotn, the Persian Government Tor surrender of the note Issue, that item appealing ' jjs. a sepSrate reserve. Beechams§Subfeidiary Issue the cqurse ...

... to overcome the difficulties which had arisen between the Persian Government and the company, as the correct assessment ' net profits,' of jwhich under the D'Arcy Concession the Persian Government received 16 per cent, royalty, the company had indicated ...

... law ana equity recognised by civilised nations.. . J.pj . ' Of the considerable sums payable the near future to: the Persian Government substantial part has been set aside past years, and the 'balance will provided the accounts for the year 1932. GRAFT ...

... agreeconces further area parties. The Persian Government are entitled to cancel the concession only two 'cases:— (1) When the Board of Arbitration provided for In the new agreement Issue a decree favour of the Persian Government with which the company fall to ...

... The outstanding feature lu the Oil market was the heavy fall In Anglo-Persians on the terms the new agreement with the Persian Government. The Ordinary dropped to 121-32 and declines of 2s. were recorded by the 8 per Cent, and per Cent. Preferences at 255 ...

... The Continent bid for some of the. leaders, but Anglo-Persians slumped on the terms of the new agreement with thjg Persian Government. Local Loans Relapse Sharply Increased activity in the speculative groups overshadowed the' Gilt-edged market which ...

... company, whether made In Persia or abroad, will be paid to the Persian Government after the payment of £671,000 to shareholders. (6) Arrangements will be made for safeguarding the Persian Government In case of further depreciation of the pound sterling. (8) ...

... or no effect on oil shares Anglo-Persians were quoted rather better ai first on the report that negotiations w tt the Persian Government for the company's concession have com but they eased later and closed um Burmahs were a shade lower on at 15-16. but ...

... between Sir John Cad-0 man, Chairman of the Anglo-Persian Oil y Company, and the Persian Government for . renewal of the company's Concession have >s opened. The Persian Government have submitted proposals to Sir John who considering thfcm. Their tcfiour has ...