BRAZILIAN RAILWAY RATES.
In view of the extent to which shareholders of the Great Western of Brazil Railway have suffered through depreciation in the milreis and certain other developments in Brazil, keen interest will be taken in the fuller information which is pro- mised concerning the revised tariffs which, it is stated, the Federal Government has approved as coming into force shortly.. It is known that negotiations have been going on for some time, and it must be hoped that the net result will be some improvement in the company's net revenue. Some years previous to the Great War regular dividends were paid, but shareholders have received nothing on the £10 Preferred Shares since 1915, and nothing has been paid on the Ordinary since 1918, while even on the Debentures there are heavy arrears to be met.
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