Newcastle and Gateshead Gas Company.

Oral Answers to Questions — National Expenditure. – in the House of Commons on 20th February 1922.

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Major BARNES:

18.

asked the President of the Board of Trade what were the costs of production upon which the standard prices in the Newcastle and Gateshead Gas Company's Order of 1920 was based; whether any reduction has occurred in these costs up to the present date; and, if so, to what extent?

Photo of Mr Stanley Baldwin Mr Stanley Baldwin , Bewdley

The new standard prices were based upon detailed Schedules submitted by the company, showing the costs of, and incidental to, the production and supply of gas in the last financial year prior to the War, and at the date of the inquiry. The additional cost was found to be 7.8 pence per therm. I am not aware what are the costs at the present time.