AUSTRALIAN NEWS.
THE PACIFIC CABLE. SYDNEY, January 11. The accounts of the Pacific Cable Board, for the year 1926-27, reveal that a surplus of £100,739 remained after the annuity 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. Over twelve million words of international traffic were transmitted during the year, an increase of approximately 120,000 words, in addition to 3,700.000 paying words carried between Australia and New Zealand, and between these 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 cables for Bamfield— Fanning Island and Fanning Island— Suva sections was completed during November 1926. The speed of the new cable has surpassed anticipations.
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Bibliographic details
Grey River Argus, 12 January 1928, Page 6
Word Count
140AUSTRALIAN NEWS. Grey River Argus, 12 January 1928, Page 6
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