Show BID FOR SHIPPING SIPPING BEING C CONSIDERED New ew York Nov No 7 Announcement i.-Announcement that t lH British subsidiaries or of the In International In- In Mercantile Marine company campan had received recEl ed a proposition from Crom an English syndicate for tor sale sal of ot otIl Its Il shipping tonnage on a buMs basis which would eliminate tho bonded indebted indebted- ness of or companies and leave leae be between between between be- be tween and in their treasuries was made hero today b by P. P A. A S. S Franklin Frankln president of at the corn company pan y Mr 11 Franklin said that the directors regarded it itis lS is favorable fa but that there a number of or points demanding further consideration and that decision probably would not bo ha reached until week next wee I. I 1 |