POST OFFICE PROFIT.
INCREASE IN BRITAIN. (British Official Wireless.) RUGBY, Feb. 11. The Postmaster-General (Sir C. Kingsley-Wood), in presenting the commercial accounts for the last financial year, points out that this was the first year of operation of the new financial scheme, under which the Post Office is liable to pay a fixed sum of £10,750.000 to the Exchequer, and any sum earned in excess of this amount is payable to the Post Office Fund, where' it becomes available for Post Office purposes. Results for the year show that Post Office business resulted in a net surplus, after charging interest on capital, of £12.305,017, as compared with £ll,055,717 in the previous year.
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Manawatu Standard, Volume LV, Issue 65, 13 February 1935, Page 7
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112POST OFFICE PROFIT. Manawatu Standard, Volume LV, Issue 65, 13 February 1935, Page 7
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