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BUSINESS INCREASE

More P. and T. Employees

By Telegraph—Press Association.

Dunedin, June 18.

In an interview to-day the Post-master-General (the Hon. F. Jones) stated that there were many applicants for positions in the P- and T. Department in anticipation of staff increases with improving conditions. Since December these conditions had enabled 587 promotions to be made and had allowed the department to give employment to about 450 outside applicants. Further staff increases might be anticipated. Mr. Jones stated that for the year ended March last Post Office Savings Bank deposits had exceeded withdrawals by £2,086,179, the interest credited to depositors was £1,406,459, and the balance at credit was £52,916,352, an Increase of £3,492.638 over the previous year. For April and May the deposits exceeded withdrawals by £295.000 and £328,000 respectively. In answer to a question, the Minister stated that it was unlikely the Government would authorise a higher interest rate to depositors.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DOM19360619.2.64

Bibliographic details

Dominion, Volume 29, Issue 225, 19 June 1936, Page 10

Word Count
152

BUSINESS INCREASE Dominion, Volume 29, Issue 225, 19 June 1936, Page 10

BUSINESS INCREASE Dominion, Volume 29, Issue 225, 19 June 1936, Page 10