The Archive · 1921

Russian Trade Results

London, June 28.

The first annual report of' the "Russo-Asiatic Consolidated Ca." shows a debit balance of £47,822 carried forward. The report mentions that claims for £56,000,000 (1 £56,000) against the Russian Soviet authorities: have been filed with the Foreign Office, and that negotiations are continuing for the return of the Company's properties which the Soviet has confiscated.

Note:—Local Russian business circles are-not acquainted with any company of the unamo of the "Russo-Asiatic Consolidated Ca.'" Tt is thought that the concern referred to may be the ''Russo-Asiatic Company," a Danish firm, with headquarters in Copenhagen, but with a large number of British shareholders, which formerly operated on w considerable scale in Siberia, exporting chiefly dairy produce. This Company may have been re-formed last year as a British concern.

In any case it is pointed out*that no enterprise in Siberia, with the exception of the Lena Goldfields, owned properties worth anything like £56,000,000 and that the figure given in the telegram must be erroneous.—Reuter.

Text read from the printed page and cleaned; old type leaves the occasional error.

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