PACIFIC CABLE BOARD.
RECORD YEARS BUSINESS. j CABLES WORKING AT MAXIMUM/ 1 Press Association—Copyright, Austra lian and N.Z. Cable Association (Received 11.20 a.m.) London, December SJR. The receipts of the Pacific Cable j Hoard for 1916—17 exceeded the ex- ' penditnre by £90,926, but the contribution to the renewal fund increased co £'90,000, and £IO,OOO was contributed to the provident, fund to meet depreciation in the securities wherein these were invested, leaving a surplus of £4231.. Nearly nine millions of paying words in the international i traffic were transmitted in addition to 6,500,000 sent free. Respecting the ivoimded soldiers' traffic :;between ' Australia and New Zealand-and the Pacific islands, it comprised 1,795,200■ words. The amount of international business represents the cables' maximum capacity, and cannot be materially exceeded unless new systems arc invented to increase the speed on long! •ables.
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Bibliographic details
Stratford Evening Post, Volume XXXV, Issue 28, 29 December 1917, Page 2
Word Count
138PACIFIC CABLE BOARD. Stratford Evening Post, Volume XXXV, Issue 28, 29 December 1917, Page 2
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