The Post Office.

Thames Star, Volume XLV, Issue 10630, 2 February 1909, Page 1

The Post Office.

ESTPEMIATE OF THEi YEIAR'S ■INCO'MIEI.

IfNTDICATIOiNIS; OF PftOSPEtRITY,

Discussing the Post and Telegraph reveniue, the Prims Minister, who was in.ipossessaon of the details for the first three quarters of the financial, made an interestintg estimate of the pro'baible revenue for the year. "So far," he said, "the first three quarters of the year have, produced post and telegraph revenue amounting to £677,588, made tip as follows: Postal stamps £365,453, postal cash receipts. !£15,92>2i, telegraph stamps ,£170,874, telegraph cash" receipts £125,339, total £677,588. EfeFfcim,a,ted upon the comparative (figures for tha March quarter of .1908, and ■the knowni business of tHe niniei months already passed, it may .'be fairJy aasiimed tihiait the MaWsh quarter, of 1909 will produce post and: telegraph revenue amouniting in all to £-212,912 This, will bring, the tiotail for the year 1908-9 up to £890,500, as compared 'with £850,000. estimated; in April last. The latter estimate is made up as follows: (Postal stamps £845,----453, post ofl^oe casih recfeipts' £36,----334, telegraph stamps £23'2!,874, telegraph cash receipts £135,839, total £890,500."

'If my estimate sEouldcbe realised/ oonoludisd Sir Joseph, 'the revenue will exceeH that of 1907-8 by £6a,----500, which, considering thie reductions im money order "commission, in posfial notes commission, in positiaiores and' in privafci' "box rents' rtecently miade, is really an afetonishioig result, and 1 cleai'ly demiotnb.tra,tes thai so far as the Post amd Telegraph Depai-t----ment is coniberned the. business of the Dorniimibn has Siteadily increased. It is highly gratifying that sucih vi excellenit bai'om'etea J of oommierciitl actiVitiy and; the people's prosperity as the post -office) umdbubtedly is, gives such .splendidl results tihlis year."