Pacific Cable

Hastings Standard, Volume IX, Issue 5132, 24 February 1906, Page 3

Pacific Cable

rer United Press Assn.—Copyright)

Received February 23, 10.2S p.m

Melbourne, February 2:>

Mr Milward, chief electrician of the Pacific Cable Board, on being Interviewed, said that, roughly, the Pacific Cable was getting about one third of the business. If half were secured, the present loss on the cable would be turned into a proiit. He thought there was no likelihood of a reduction of rates under existing conditions. About 'J"> per cent, of the messages were in code, each code word representing about tour ordinary words, so the sender paid only about 'M a word. Speaking personally, he did not think that a pooling arrangement with the Eastern Extension Telegraph Company woidd evenutate.