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Seddon Expect £750,000 Export Orders

16th November 1956
Page 48
Page 48, 16th November 1956 — Seddon Expect £750,000 Export Orders
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Which of the following most accurately describes the problem?

KIEGOTIATIONS for the export of

11 vehicles valued at more than £750,000 are pending, announces Mr. R. H. Seddon, chairman of Seddon Diesel Vehicles, Ltd. If sales are completed, the company's present borrowing powers are likely to be exceeded. Consequently, the board propose to raise the limit of borrowing to £1-fm.

In the year to June 30 last, the company made 2,143 vehicles, of which 1,157 were exported. Over half of the output of the past three years has been exported.

QUICK SERVICE FOR BEDFORDS

RAPID service for Bedford vehicles will be provided at new premises of Shaw and Kilburn, Ltd., which were officially opened last Friday, at 329 St. Albans Road, Watford. A large stock of spare parts is carried and is replenished daily from the Vauxhall works.

In the lubrication bay, two vehicles may be serviced simultaneously. They are driven over a large, well-lighted pie At one end of it are lines for supplying different rear-axle lubricants and grease, whilst at the other are lines for supplying lubricants required at the forward end of the vehicle. Two operatives can thus work together.

Front-wheel alignment may be checked on Weaver gauges.

AUSTRALIA TOUGHER FOR EXPORTERS THE Australian market will be a

harder proposition for British exporters as the result of a new trade agreement between Britain and Australia announced on Monday, writes our political correspondent. The agreement allows Australia to cut Imperial Preferences, although, in most cases, she will consult Britain before doing so.

The minimum preference on internalcombustion engines will be 74per cent. Britain has retained a right to preference for 90 per cent, of exports to Australia. Minimum margins will be 71per cent. on capital goods and 10 per cent. on most other goods. Australia does not intend to make early reductions in existing margins except in connection with goods of which there is no production in Australia.

B.M.C. OILER PRICE CUT nEIVIAND for B.M.C. vehicles with

3.4-litre engines has enabled the price for certain types to be reduced by £21 5s., including tax. The models affected are the Austin LC301 range, the Morris-Commercial LCO5 and the LCO5 ambulance chassis.

Prices with purchase tax of normalcontrol oilers in the LC301 and LCO5 range are as follows: 14-ton chassis, £777 19s. 10d.; 1-i--ton chassis and cab, £859 19s. 10d.; If-ton lorry, £907 19s. 10d.; LCO5 ambulance chassis, £636 plus £151 19s. 10d. purchase tax where applicable.

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