Salt Lake Telegram | 1930-01-31 | Page 7 | N. Y. Commission Orders Cut in Telephone Rates

N. N y Commission Orders Order Cut in Telephone Rates Rate ALBANY N. N Y Jan Tan 51 31 1 AP AP P- P Tile The public service commission today toay to- to day ay ord ordered rd tho the New York Telephone Tele Tele- phone hone company to put into effect tonight a n. new rate schedule which to In n effect reduces by 20 O per cent anew a anc new nc ew schedule already alread announced b by the tho 10 telephone commission Commissioner G George orge R R. Lunn maid bid that he and his hb fell fellow 0 members mem- mem hers bers ers on tho commission w vr were ro sure bure that tat the rates proposed would yield the ho telephone company n tho 7 per percent percent cent ent return to which the United tales States court has said the thc company compan was as entitled on its investment nt