Auction: 1004 - Bonds & Shares of The World
Lot: 587
Fowler-Waring Cables Co. Ltd., £5 shares, fully paid, 18(96), no.32, scrollwork at left, blue, very fine. Estimate £ 50 The company was incorporated in 1896 to manufacture cable for the telegraph, telephone and electrical industries. It had acquired a huge order from the National Telephone Company which wanted to buy from a British company rather from its current supplier, the U.S. based Western Electric Company. Western promptly bought Fowler-Waring cables in 1898 and incorprated itself as Western Electric Company Ltd. in England in 1910. Renamed Standard Telephone and Cable (STC) when Western was bought out by IT&T in 1925.
Sold for
£40
