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GAS COMPANY PROFITS.

AUSTRALIAN LEGISLATION. By Telegraph—Press Association—OopyrlKhl ■ . Sydney, September. 12. Consideration of the Gas Bill was resumed in Committee of' the Legislative 'Assembly.' ■ ■ . . Mr. Carmichael, Minister for Labour and Industry, gave notice of a series of amendments, including an increase in tho etandard rate of interest from i to 10 per cent., but as a set-off, it is proposed that tho standard prico of gas shall be ■reduced from 3s. 9d. to 3s. per thousand ifeet. . .-■■' ' " '■'■■' /the market recovering. ■ (Rec. September 13, 1.15 a.m.) Sydney, September 12. The amendments moved by Mr. Carmichael to the Gas Bill resulted in strengthening the market in gas shares. •Buyers for sdme days have been anxious to purchase at ,£l3 55., and havo been unsuccessful. A paicel of shares to-day fetched .£14.. .

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DOM19120913.2.25

Bibliographic details

Dominion, Volume 5, Issue 1544, 13 September 1912, Page 5

Word Count
129

GAS COMPANY PROFITS. Dominion, Volume 5, Issue 1544, 13 September 1912, Page 5

GAS COMPANY PROFITS. Dominion, Volume 5, Issue 1544, 13 September 1912, Page 5