PRESS CABLE RATES.

Dominion, Volume 2, Issue 550, 3 July 1909, Page 5

PRESS CABLE RATES.

THE NEGOTIATIONS. X AWION OF SIR JOSEPH WARD. ■ , / NINEPENCE PER WORD.' (By Tolderaiftl.-l'fcss (Rec. July 2, 10.2 d p.m.), . London, July 2. The offer of tho Pacific Cablo Board to concedo 24d, p6f word in press cablo rates Arose out of a- proposal made by Sir Joseph W*fd 6ft' behalf of tho Now Zealand Government td redtfdo tho terminal charge* on prt-M ciile&rarns to a halfpenny per Word, Conditional on the-Pacific Cablo Board reducing its sharo to 2d! per word., Tho Pacific Cable Board mado a couiiter-offor to rediice ! jts word-rote by 25d.,. subject to New Zea- | land fedtloing tho terminal- charge to a halfi penny, thus making a word-rate of iiinepence iot gross caMtgratnS. ' ' , ' '- Th& frill operate ,after 21 days' notice hae been "given to tho Borne Conference It is expected that the new rate will be initiated !6n Aflgaet 1. " '• COMMONWEALTH ATTITUDE. (Bee. July 3, 0.6 a.m.) . ' Melbourne, July 2. ■■ Thd Postmaster-General (Sir John' Quick) his been officially informed of tho Pacific Cable Board's intention.to redtioe tho charges on press messages to and from Britain., The: ijdnfcl p.«ks the ComnKStiweaHh Government to co-operate by reducing thft tenninal (fate, whicih will probably, be reduced to ' a lidfpeßny pcf word.