CHEAPER GAS EXPECTED
MOVE TO' REDUCE DIVIDENDS. PROPOSAL IN N.S.W. ASSEMBLY. By Telegraph—Press' Assn.—Copyright. Sydney, Feb. 24. Mr. Justice Davidson, Royal Commissioner, having reported that the prices of gas at present charged in Sydney are not in excess of the amount required to pay statutary dividends, the Minister of Mines, Mr. T. M. Baddeley, announces a Bill amending the Gas Act, removing the right of a fixed dividend of 8 per cent. The effect, it is expected, will be a reduction of the price of gas.
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Bibliographic details
Taranaki Daily News, 25 February 1931, Page 5
Word Count
86CHEAPER GAS EXPECTED Taranaki Daily News, 25 February 1931, Page 5
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