POST AND TELEGRAPH
CASH CREDIT NEARLY HALF A MILLION. The Post and Telegraph receipts paid into the Consolidated Fund tor the year amounted to £2,866,882. The principal items of revenue were;—Postages, £988,387; telegrams, £404,707; toll messages, £344,393; and telephone exchange receipts, £867,218. The above total includes £160,000 Savings Bank profits credited to miscellaneous revenue, Consolidated Fund. The expenditure out of the vote totalled £2,413,436. The cash receipts thus exceeded the cash expenditure by a sum of £453,446, which is available for interest on capital expenditure and depreciation. . Deposits in the Post Office Savings Bank amounted to £29,582,897, and withdrawals to £30,413,609, an excess of withdrawals over deposits of £830,712. The amount at the credit of 735,158 depositors at March 31, excluding interest for the year, was £45,267,708.
Money orders and postal notes to the total value of '£5,639,258 were issued, and the payments on the same account amounted to £5,264,500. War loan certificates redeemed during the year amounted to £675,163, making total redemptions to date or £5,817,942.
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Bibliographic details
Evening Star, Issue 19002, 25 July 1925, Page 3
Word Count
167POST AND TELEGRAPH Evening Star, Issue 19002, 25 July 1925, Page 3
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