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Running at a Loss

6th April 1962, Page 50
6th April 1962
Page 50
Page 50, 6th April 1962 — Running at a Loss
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Which of the following most accurately describes the problem?

MORE than two-thirds of his cornpany's routes, and two-fifths of their stage carriage mileage were being run below the average of operating costs, declared Mr. W. M. Dravers, chairman of the Devon General Omnibus and Touring Co., Ltd., at the company's annual general meeting last week.