£125,000 DEAL OVER LONDON PHONE
28 MINUTFS TALk . COST £57.
Already records are being established, by means of the radiophone to London..
Early one morning two boards of directors, one in Sydney and the other in London, talked ober the phone for 28 minutes, and a deal involving over £125 000 was completed. At St. Janies Building, the Board of Directors of Australasian Brokerage Ltd., and Mr M. Rosenthal, representing a Svdnev group, purchased the Vocalion foreign qs.sets in Australia, which includes the;, factory. At the Vocalipp office in London the directors of the company had tihe conversations broadcast to stenographers, and the deal was completed in. 28 minutes. T'’e of the conversation 1 amounted + o £57. , i Without the W-ilitv ofiV’-ed bv the ’nhofp, the wouldhave taken months of cabling before .being completed. -C. 7
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/HOG19300607.2.31
Bibliographic details
Ngā taipitopito pukapuka
Hokitika Guardian, 7 June 1930, Page 4
Word count
Tapeke kupu
136£125,000 DEAL OVER LONDON PHONE Hokitika Guardian, 7 June 1930, Page 4
Using this item
Te whakamahi i tēnei tūemi
The Greymouth Evening Star Co Ltd is the copyright owner for the Hokitika Guardian. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Greymouth Evening Star Co Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in