PACIFIC CABLE
LAST YEAR’S WORK INCREASED TRAFFIC AND RECEIPTS , . BY Telegraph.—Press association. (Copyright.) i London, January 10. Accounts of the Pacific Cable Board for the year 1926-27 reveal that a surplus of £100,739 remained after an annuity had been paid to the National Debt Commissioners in respect of interest and repayment of capital. Traffic receipts amounted to £467,000, an increase on the previous year of £13,000 and over twelve million words. International traffic transmitted during the year showed an increase of approximately 120,000 words, in addition to 3,700,000 paying words carried between Australia and New Zealand and between those countries and the Pacific Islands. International Press traffic increased by 60,000 words to a total of 1,031,000; deferred Press by 50,000 to 105,000. The laying of the cables from Bamfield to Fanning Island and Fanning Island to Suva sections was completed in November, 1926. The speed of the new cable surpassed anticipations.
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Dominion, Volume 21, Issue 88, 12 January 1928, Page 9
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151PACIFIC CABLE Dominion, Volume 21, Issue 88, 12 January 1928, Page 9
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