Funding and shares portfolio

In a letter of 1855, Ferdinand de Lesseps set out his aims for the planned public funding. He confirmed his intention of giving preference to small shareholders In October 1858, an appeal for public funding was officially launched through the channels of the press. The subcription closed on 30 November 1858. The response exceeded everyone's expectations. Applications for large shareholdings were few; only 48 buyers purchased more than 200 shares (i.e. 100,000 Francs or more). A controversy arose surrounding applicants for small amounts of shares. The most enthusiastic support came from the shareholders themselves, as illustrated by this letter published in the periodical founded specially for them in 1856 by Ferdinand de Lesseps, The Suez Isthmus, Journal de l'union des deux mers The share price over the period 1858 ­ 1929 ­ the ups and downs.

____Summary____ History Report to Napoleon Biographical entry on de Lesseps Correspondence memoirs by de Lesseps Biography of Mohammed Said Memoirs by de Lesseps Firman of Mohammed Said Funding and shares portfolio File on the British opposition The First Blow of the Pickaxe October 1859: Reception at St Cloud The entrance of the Mediterranean into lake Timsah. Biography of Ismail Pasha The Opinions of the French The Imperial Decision Dredgers Firman of the Consul Abdul Aziz Call for subscription The Universal Exhibition The Joining of the Two Seas Tributes Content