G.ts CHARGES AND THE COAL STOPPAGE.
t the least interesting part of the admirable speech rered by the Chairman of the Gas Light and Coke Company the recent annual meeting was his reference to the effect the coal stoppage last year. It appears that during the ere winter months the company uses something like 000 tons of coal a week, and even after allowing for increased s obtained for coke and other residuals, there was a loss the company of very nearly £2,000,000, while there will be ill further loss incurred in the present year through the ant of foreign coal which the company has had to purchase. Is scarcely surprising, therefore, that higher charges should 'e had to be made for gas, though the satisfactory announce- was made at the meeting that reduced prices would into force from next month. The company, it was t.ed, has received the last of its foreign coal and the new !met coal is now coming in satisfactorily. An agreeable are of the annual meeting was .the offering by the share- .._ees of felicitations to the Governor, Sir David.. Milne- upon the honour of Knighthood recently bestowed him.
* *
Previous page
