POST OFFICE PROFIT
HUGE SURPLUS IN AUSTRALIA.
POSTAL REVENUE’S BIG INCREASE.
By Telegraph— Press'’’ Assn.—Copyright
Canberra, April' 10.
The annual report of the PostmasterGeneral’s Department discloses a surplus of £2,000,009 after charging interest on capital investments. The earning Of the department for the year were £13,232,932, compared with £12,621,265 in the previous year. Postal revenue was 4.56 per cent, higher but the telegraph branch showed a deficit of £lOl2, which was £60,576 less than the deficit in 1932-33. The telephone branch showed a surplus of £269,273.
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Bibliographic details
Taranaki Daily News, 11 April 1935, Page 5
Word Count
86POST OFFICE PROFIT Taranaki Daily News, 11 April 1935, Page 5
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