800,000,000 PENNIES
YEAR’S COLLECTION FROM GAS METERS Mr. William Graham, President of the Board of Trade, opened the new meter-testing works of the Gat; L'ght and Coke Company at Willesdtu, England. Sir David Milne Watson, chairmarj of the company, said the progress made in the past five years far exceeded that of the previous 20 years, and never before had their sales stoo<| anything like so high as at present. They collected 800,000,000 pennies a year from the meters, he said, and sometimes, owing to the glut of coppers, they had £50,000 of capital locked up at their headquarters in pennies alone. He mentioned that the employee* had £BOO,OOO invested in the enterprise.
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Bibliographic details
Sun (Auckland), Volume III, Issue 865, 8 January 1930, Page 9
Word Count
113800,000,000 PENNIES Sun (Auckland), Volume III, Issue 865, 8 January 1930, Page 9
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