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Session 11. 1923. NEW ZEALAND.

POST AND TELEGRAPH DEPARTMENT (REPORT OF THE) FOR THE YEAR 1922-23.

Presented to both Houses of the General Assembly by Command of His Excellency.

Sir,— General Post Office, Wellington, 27th June, 1923. I have the honour to submit to Your Excellency the report of the Post and Telegraph Department for the financial year 1922-23. The receipts amounted to £2,687,768, and the payments to £2,114,994: there was thus an excess of receipts over payments of £572,774. Based on the commercial balance-sheet for the year 1921-22 the net balance should be approximately £100,000. In addition to the reduction in the rates and charges shown herein, it is proposed to further reduce the postage charges at an early date. I have, &c, J. G. Coates, His Excellency the Governor-General. Postmaster-General. Receipts and Payments. The receipts and payments of the Department for the financial year 1922-23 are shown in the following table : —

I—F. 1.

Item. Postal. Telegraph. Total. Receipts. Postages Money-order and postal-note commission Money-order commission received from foreign offices .. Private box and bag rents and rural delivery fees Miscellaneous receipts Paid telegrams Telephone exchanges £ s. cl. 1.289,495 15 5 47,056 15 2 921 14 7 37,184 10 10 3,762 10 0 £ s. (1. .. £ s. d. 1,289.495 15 5 47.056 15 2 921 14 7 37.184 10 10 17,098 4 5i 699,443 15 ll| 595.907 0 2 13,935 14 5J 099,443 15 ll| 595,907 0 2" Totals 1,378,421 6 0 1,309,346 10 7 2.087.707 10 7 Payment*. £ s. (!. 578,192 17 ! 01,032 5 4 147,569 2 4 103,183 3 5 2,450 18 4 £ s. (1. 852.942 1 0 Salaries Conveyance of ocean mails Conveyance of inland mails .. .. .. ... Conveyance of mails by rail Money-order commission credited to foreign offices Maintenance of telegraph and telephone lines Miscellaneous £ s. (I. 1,431,134 18 1 01,032 5 4 147.509 2 4 103,183 3 5 2,450 18 4 101,878 8 2 207,145 4 5 104,239 3 8 101,878 8 2 102,900 0 9 Balance of receipts over payments 997,267 10 2 381,153 15 10 1,117,720 9 11 191,620 0 8 2,114,994 0 1 572,773 16 6 Totals 1,378,421 6 0 1,309,346 10 7 2,687.767 16 7 l_