OCEAN CABLE SERVICES.
x x jH ■; year's < operations. , : \ « ■< '■ According ■ to tho report of the Post■';•. am! Telegraph Department for 1911-12, (he ordinary international leScgrauis for the year increased , by 8.0 per cent., and the intercolonial by 5.8 per cent, ■ New Zealand's proportion of tho Hβ. ■': ficit of .£48,210 11s. 9d. tm the ninth year's working of tho Pacific cable, 1910- ' : 11, amounted to «t535R 14s. Bd.. The receipts and working expenses: of .., the. Pacific■ eabta for tho yenr ended ■'■ ilarok 31, i 912, nrc estimated'as follow:—'■''■■ ■. ■ ■ ■■ ■ £ /:% •■■.:..■■■ Traffic revenue. „..;„..,..;,. 153,000 ,- 3 deficit ■ :i:ye(j.s : . &■ 'v-."*: v ''■ ;?■ i,y -\X'r(''\;'.X-, 1M,5ai ;:; ". : % ■<■■'■'■ Annuity. *"niid , .rc , aew(i15'',!",«, , . ;, ,10",51.) ;V;-,;AVorkiug <!SiKV.ses : \:...:... : Z;:. ' B!,i>Sl • ~;' : $. v ; "'"W:;f; ;";■■■■''''.■ "■.■ ■ 192,520 ." 1 ':■.--Xew , Zealand's proportion of tho loss ig " ; ' stated fit. ,£139;. ■ ' ~; ■ llio shiro of ordinary paid business '" obtained by the Paeitto cable still e-howe ■■■ ■■ 0. dccrciiiso. In 3907 Hie Pacific proper. ■ ■ hon.;wns 88 pisr cent., the Enstcrn 12 per. " ;ccut.. The 1911-12 figures nre: Pacific, G9 per. ceut,; Eastern, 31 per cent. ~•:'■■ .;=
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https://paperspast.natlib.govt.nz/newspapers/DOM19120628.2.43
Bibliographic details
Dominion, Volume 5, Issue 1473, 28 June 1912, Page 6
Word Count
161OCEAN CABLE SERVICES. Dominion, Volume 5, Issue 1473, 28 June 1912, Page 6
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