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HANDSOME SURPLUS

AUSTRALIAN POST OFFICE

(British Official Wireless.)

SYDNEY, April 9.

The annual report of the PostmasterGeneral's Department discloses a surplus of £2,000,000 after charging interest on capital investments.

The earnings of the Department for the year were £13,232,982, compared with £12,621,265 in the previous year. Postal revenue was 4.55 per cent, higher, but the. telegraph branch showed a deficit of £1012, which was £60,576 less than the deficit in 1932 : 33. The telephone branch showed a surplus of £269,273. " •

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19350410.2.88

Bibliographic details

Evening Post, Volume CXIX, Issue 85, 10 April 1935, Page 11

Word Count
80

HANDSOME SURPLUS Evening Post, Volume CXIX, Issue 85, 10 April 1935, Page 11

HANDSOME SURPLUS Evening Post, Volume CXIX, Issue 85, 10 April 1935, Page 11

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