IMPROVED CONDITIONS
POSTAL REVENUE. TOTAL OF £3,052,510 “The revenue results for the last financial year show how tiie Post Office, which reflects in its activities the general condition of business in the Dominion, is climbing out of the depression period in a highly satisfactory manner,” stated the Postmaster General, the Hon F. Jones, in an interview.
“The gross revenue tor the year ended March 31st, 1 ’ he continued,
“was £3,652,519, which was £222,296 above the gross revenue for 1935. It is interesting to know the influence on the Department of the long period of economic depression, for the last year’s receipts are only £ 552,000 in excess of the total of ten years ago, though at the rate of last year’s progress Post Office revenue should soon pass the £4,000,000 mark.” The main sources of revenue for the past year, with the corresponding figures for 19 35, were as follows:
That the course of business through the channels provided by the Post Office has materially changed during the last ten years is shown by the fact that in 1926 the revenue from telegrams was actually £IOB,060 greater than for the year ended march 31, 1936, but the Post Office has not lost on this movement because during the same period telephone and toll revenue has increased by £427,669. Commercial telegraph business during the past year demonstrated the improvement in general conditions by showing an increase of 11.29 per cent in volume, while the revenue improved to the extent of 4.64, a smaller proportion being due to the concessions made in rates. There was a similar disparity between the increased volume, 15.95 per cent, of the telephone toll traffic and the increased return to the department, 11.43 per cent, was due to the service being provided to the user at a lower cost for each transaction.
1936 1935 £ £ Postages 1,240,366 1,122,041 Telegrams 308,446 297,350 Tolls 501,723 451,062 Tolls 501,723 451,062 Telephones 1,251,060 1,190,773 Gross Revenue 3,652,519 3,4 3 (T, 2 2 3
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Bibliographic details
Bay of Plenty Times, Volume LXIV, Issue 12028, 21 May 1936, Page 2
Word Count
330IMPROVED CONDITIONS Bay of Plenty Times, Volume LXIV, Issue 12028, 21 May 1936, Page 2
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