Thank you for visiting SNEWPapers!
Sign up freeThe North Carolinian
Fayetteville, Cumberland County, North Carolina
What is this article about?
The steamship Propontis departed London on June 2 with a submarine telegraph cable to connect Newfoundland and Cape Breton across the Gulf of St. Lawrence, forming the first link in a planned London-New York line expected operational in 12-18 months. An insurance suit by the New York, Newfoundland, and London Telegraph Company against Lloyd's was settled favorably.
OCR Quality
Full Text
The important insurance suit—The New York, Newfoundland, and London Telegraph Company, vs. Lloyd's Insurance Company, London, has been settled, upon every advantageous terms to the Telegraph Company.—N. Y. Mirror.
What sub-type of article is it?
What keywords are associated?
Where did it happen?
Foreign News Details
Primary Location
Gulf Of St. Lawrence
Event Date
2d June
Outcome
cable to be laid this month; line anticipated operational in 12-18 months; insurance suit settled advantageously to telegraph company
Event Details
Steamship Propontis sailed from London on 2d June with submarine electric telegraph cable to cross Gulf of St. Lawrence connecting Newfoundland with Cape Breton, Nova Scotia. Cable to be laid during present month as first link in London and New York Submarine Electric Telegraph line, confidently anticipated in England to operate successfully within 12 or 18 months. Insurance suit of New York, Newfoundland, and London Telegraph Company vs. Lloyd's Insurance Company, London, settled on advantageous terms to Telegraph Company.