果冻影院

Trinidad Petroleum Company

Firm Details

People & Investments (1)

 Trustee

Firm Evolutions (1)

1864 →
[Morning Post]

Notes

Established to import oil from Trinidad from lands and estates 'provisionally secured to the company'.

Prospectus: 1. The sources of supply practically inexhaustible; 2. Transport simply from the colony: lake and oil springs so close to coast only needs shipment and at a rate lower than any other known source; 3. Good demand from England and France for oil to be used in asphalt and pitch manuf. and as lubricant; expectations of profits of 25% on the capital from the beginning.

Initial capital: 拢150,000 in shares of 拢20 each.

Expect to import 8,000 tons in first year at cost of less than 拢7 per ton. (Daily News)

Sources

The Morning Post, 11 July, 1864; Daily News, 11 July 1864