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CABLE RATES

APPRECIABLE REDUCTION. ON PRESS MESSAGES. (Received 10.50 a.m.) LONDON, July 6. Sir John Pender, at the Empire Press irteeting, advocated the cooperation of wireless and cables. He was prepared to negotiate an agreement with the wireless companies as regards rates and 6ther matters. Estimated on the present basis, the Eastern Cable Company had lost £40,000 revenue as a result of reduction of the ordinary rate to Austraßa, because people were taking advantage of deferred rates. Post-war expenditure on new cables and renewals exceeded £10,000,000. It had been decided to lay an improved cable from Perth to Cocos Island, capable df 2006 letters a • minute, against present 600. Press messages amounted to 22 per cent of the company's traffic and the revenue therefrom Was only 2 per cent. Sir Campbell Stuart, of the Pacific Cable Board, announced that the Press rate ha<jl been., reduced to sixpence a word of which the Board received including 3000 miles of landline and 8000 miles of cable transmission, for ordinary messages arid' 14d deferred, which was the cheapest Press rate in the world. \ 1 i Sir Robert. Donald (Toronto) presiding, stated that iwireless and Wifeless telephony would; be operative ' with Australia, within, eight months. ; The BritisW-v-Australian sixpenay cable Press rate operates from July 7 in the Ejnpii'e.—Reuter.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NA19250708.2.46

Bibliographic details

Northern Advocate, 8 July 1925, Page 5

Word Count
214

CABLE RATES Northern Advocate, 8 July 1925, Page 5

CABLE RATES Northern Advocate, 8 July 1925, Page 5