Foreign News: An Export Company

The Russian Trade Delegation in London announced the formation of a Russo-British grain-exporting Company, composed equally of Russian and British interests. The Board of Directors will consist of four Russian and four British members. The object of the company is to finance the exportation of grain from Russia and sell it in Britain, France, Italy and Southern European countries. The "Big Five" * British Banks were reported to be willing to extend credit up to £1,000,000 (about $4,500,000) for the use of the company.

— Barclay's Bank, Lloyd's Bank, London County and Westminster...

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