BRITISH AFFAIRS
MOTORING COSTS SUBSTANTIAL REDUCTIONS (By Telegraph.—Press Assn. —Copyright). (Australian and N.Z. Cable Association.) LONDON, October 3. Messrs Dunlops Ltd., have reduced the price of all grades of tyres 33 per cent. The reduction is expected to become general, and this, together with the reduced price of petrol, is expected to reduce the cost of motor transportation and force a reduction of railway fares. Up to the present the taxi charges have not been reduced. THE DAILY MAIL I HUGE SUBSCRIPTION FOR DEBENTURES LONDON, October 3. (Received October 4. 7.45 p.m.) Oxer £40.000.000 was subscribed for an issue of £1,(500,000 7 per cent, debentures by the new Daily Mail Trust, which is primarily secured by mortgage on Lord Northdiffe’s former holdings in Daily Mail deferred shares.
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https://paperspast.natlib.govt.nz/newspapers/ST19221005.2.33
Bibliographic details
Southland Times, Issue 19656, 5 October 1922, Page 5
Word Count
127BRITISH AFFAIRS Southland Times, Issue 19656, 5 October 1922, Page 5
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