POSTAL REVENUE

Hawke's Bay Tribune, Volume XXV, Issue 161, 24 June 1935, Page 7

POSTAL REVENUE

Progressive Expansion

ASSISTED BY NEW STAMPS

Significant Figures for May (By Telegraph—Press Association.) WELLINGTON, June 24. The Post Office revenue from stamp sales during the month, of May demonstrates not only the widespread interest which was taken in the new pictorial issue and the silver jubilee celebration stamps, which first appeared in that month, but also a reassuring expansion in normal postal business. It is 37 years since the New Zealand Post Office issued its first pictorial stamps and the recent appearance of 14 new designs was marked by a world-wide demand, not only from philatelists, but many thousands of the general public, who desired to secure the six first-cover envelopes carrying the new issue post dated May 1. The two factors mentioned account for the remarkable increase in postal revenue shown last month in comparison with the corresponding period of 1934, the figures being: May, 1935, £123,000, and May, 1934,' £1)5,700, an increase of £27,300.

Postal revenue has been showing a progressive increase for several months, and it is officially estimated in connection with the remarkable rise in last month’s figures that £12,300 is due to an increase in normal business and £15,000 to the special demand created by the appearance of two new stamp issues.