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STATEMENT OF FINANCIAL OPERATIONS AND BUSINESS OF THE DEPARTMENT FOR THE YEAR ENDED 31st MARCH, 1928.

EECEIPTS AND PAYMENTS. The receipts and payments of the Department for the financial year 1927-28 are shown in the following table : —

The total cash value of the transactions of the Department, inclusive of the above, amounted to approximately £194,405,000 for the year.

Receipts and Payments for the Years 1881-82, 1891-92, 1901-02, 1911-12, 1921-22, and following Years.

Item. Postal. 'telegraph. Total. Receipts. £ s. d. 1,132,077 I 7.1 51,113 13 J 1,043 11 41 46,988 4 II 208,364 5 7 £ s. d. £ s, d. 1,132,077 1 7 I 51,113 13 1 1,043 11 4£ 46,988 4 11 239,166 I 9J 404,711 10 9| 397,234 0 11A 1,057,177 I 10! I 'ostages 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 Paid tolls Telephone exchange rentals 30,801 16 2| 404,711 10 9J 397,234 0 ll| 1,057,177 1 10| 1,889,924 9 10 Totals 1,439,586 16 7 3,329,511 6 5 Payments. (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 linos Motor services and workshops Miscellaneous 632,761 19 4 65,028 8 0 135,957 6 9 116,477 19 9 2,513 13 4 888,501 11 0 128,966 15 11 15,808 8 5 146,896 17 10 1,521,263 10 4 65,028 8 0 135,957 6 9 116,477 19 9 2,513 13 4 128,966 15 11 39,734 9 8 289,628 19 7 23,926 1 3 142,732 1 9 Balance of receipts over payments 1,119,397 10 2 320,189 6 5 1,180,173 13 2 709,750 16 8 2.299,571 3 4 1,029,940 3 1 Totals 1,439,586 16 7 1,889,924 9 10 3,329,511 6 5

Year. Receipts. Payments. Balance of Receipts over Payments. Excess of rayments over Receipts. L_ 1881-1882 £ 234,52 £ 234,529 £ 233,291 £ 1,238 £ 1891-1892 320,05 320,058 268,343 51,715 1901-1902 488,57 488,573 465,756 22,817 1911-1912 1,087,71 1,087,710 988,911 98,799 1921-1922 1922-1923 1923-1924 192<M925 ; ■• •■'- .. 1925-4026 .. 1920-1927-1.927-1928 2,811,535 2,687,768 2,688,954 2,889,450 3,100,396 3,220,066 3,329,511 2,451,571 2,114,994 2,1.20,584 2,416,257 2,409,556 2,346,274 2,299,571 359,964 572,774 568,370 473,193 690.840 874,392 1,029,940