MAUDSLAY SHAREHOLDERS ACCEPT A.E.C. OFFER
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LTHOUGH the requisite 90 per C /cent. of the shareholders of 'the Maudslay Motor Co., Ltd., havc accepted the offer of the Associated Equipment Co., Ltd., to purchase their shares, certain matters still remained to be settled last Friday(the date formerly fixed for acceptance), and the period of negotiation was extended until to-day (May 21). "The Commercial Motor' understands that no hitch in the arrangements is likely to occur.
S.M.T. SELLING OUT TO B.T.C.
IT is reported that the Scottish Motor Traction Co., Ltd., is negotiating for the sale of its undertaking to the British Transport Commission. So far there is no indication when the transfer will be completed.
As already stated in "The Commercial Motor," the negotiations between the Tilling organization and the B.T.C. have been more protracted than was expected.
EXTENDED BUS POWERS GRANTED TO IPSWICH
APARLIAMENTARY committee recently approved a clause in the Ipswich Corporation Bill under which the municipality sought power to provide extended transport services. The Eastern Counties Omnibus Co., Ltd., the Eastern National Omnibus Co., Ltd., the Public Transport Association and others objected.
It was stated that, in 1926, the corporation's tramways, which were set up under an Act of 1900, were converted to trolleybus working, and that 80 trolleybuses were now run. The corporation wished to have authority to run motorbuses on new routes before going to the expense of intrOducing trolleybus services. New powers were also sought to cover the use of motorbuses at peak periods to relieve the trolleybuses and to link-up trolleybus routes.
Counsel for the corporation said that in seven cases the municipality was entitled to run buses down one side of the road, but not on the other side, because the borough boundary ran down the centre. A witness said that the new routes would serve growing housing estates, and that if motorbuses were more economical than trolleybuses, their use would be continued.
BIG CONTRIBUTION TO EXPORT
THE motor industry, as a whole, carries a great part of the burden of our export trade. As an example, consider the Rootes Group. This is sending out of Britain commercial vehicles and cars to the value of £15,000,000 per annum, which represents 70 per cent. of the total production of the Group.
The vehicles have gone to over 100 countries, and nearly half of the sales has brought dollar and other hard currencies.
LIVERPOOL STARTS CONVERSION IVERPOOL Corporation has been authorized by the North Western Licensing Authority to begin the largescale programme (described in The Commercial Motor" on March 26) for the conversion of tram routes to bus operation. The Authority granted licences for two new bus services to cover existing tram routes.