London, Apr. 9, The Imperial Wireless and Cable merger became an accomplished fact to-day by the registration of a holding company entitled Cables Wireless, Ltd. with a nominal capital of £100, which can be incrensed.to £53,700,000, to acquire the stocks, shares, obligations and securities of the Eastern Telegraph Ca., Ltd, the Eastern Extension, Australasia' and China Telegraph' Ca, Ltd, the Western Telegraph Ca., Ltd, and Marconi's Wireless Telegraph Ca.
The directors of Cables & Wire-
Jess Ltd. include Sir Charles Addis, the chairman of the Hon kong & Shanghai Banking Corporation; Sir Basil Blackett, late finance member to the Government of India: Viscount Incheape, the well-known shipowner and financier; and the Right Hon. F. G. Kelleway, managing director of Marconi's Wireless Telegraph Ca. Ltd.
Simultaneously an operating company was registered, with the same board of directors, styled Imperial and International Communications Ltd, to acquire the properties of the " above-mentioned concerns in addition to the Pacific Cable Board, the Imperial trans-Atlantic cables, and the British Government's beam, wireless installations.
Lord Inverforth, senior member of "Messrs, Andrew, Weir & i wriers and merchants, will be President of Cables. and Wire: less Ltd., and Sir Basil Blackett Chairman of the Board of Directors, of Imperial and International Come mmunieations, Ltd.
ApE 10, The terms of the Imperial Wireless and Cable merger have been received on. the Stock Exchange With satisfaction. Mazconis and the shares of the Eastern Telegraph £0. fand the various companies with Which it is associated opened with a buoyant feeling and, during the course of the morning, changed hands freely at fluctuating prices.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.