Several big deals in the shipbuilding world have been recently announced, and it is now stated that the syndicate (in. which the Nonthumberland Shipbuilding Company are interested) which purchased the National Shipyard at Chepstow is the same that recently acquired a controlling interest in Messrs. Swan, Hunter, and Wigham Richardson (Ld.), of Walker and—Wallsend-on Tyne, and in Messrs. Workman, Clark, & Ca. of Belfast.
No immediate changes in the management or policies of the yards) may be expected (says "Modern Transport"), as the amalgamation has been brought about solely with a view to the community. of interests and economies in the cost of production.
Text read from the printed page and cleaned; old type leaves the occasional error.