VOLUME INCREASED

Dominion, Volume 30, Issue 261, 31 July 1937, Page 10

VOLUME INCREASED

P. and T. Department Business MINISTER’S SURVEY “The revenue .figures for the month of June indicate that the business of the Post and Telegraph Department continues to expand,” said the Post-master-General, Hon. F. Jones, yesterday. “The postage revenue for the month reached £134,658, compared with £115,340 for the corresponding month of last year. The telegraph revenue was £25,997, as compared with £25,204, toll revenue £47,858, as compared with £41,931, and telephone receipts £108,115, as against £100,755. . “A better indication of the general increase in business is, however, revealed in the revenue figures for the quarter ended June 30. The postage revenue shows an increase of £97,000, although part of this return is on account of the sale of Coronation stamps. The telegraph revenue shows an increase of £4OOO, toll revenue an increase of £20,000, and the telephone receipts £32,000 above the return for the corresponding quarter of last year. “Upon a percentage basis, the volume of telegrams of all codes is 7.5 per cent, above that of the corresponding quarter of last year. Toll business shows an increase of 12 per cent, in volume and 15.5 per cent, in value. “In the Post Office Savings Bank the deposits for the June quarter of this year were £8,722,287, compared with £7,502,367 for the corresponding quarter of last year, and the excess of deposits over withdrawals was £1,404,969, compared with £857.560 for the corresponding quarter of last year.” The Minister added that these figures disclosed a very satisfactory position, and could well be regarded as a barometer of the general prosperity of the country.