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1943. NEW ZEALAND.

POST AND TELEGRAPH DEPARTMENT (REPORT OF THE) FOR THE YEAR 1942-43.

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

To His Excellency Marshal of the Royal Air Force Sir Cyril Louis Norton Newall, G.C.8., 0.M., G.C.M.G., C.8.E., A.M. May it please Your Excellency,--I have the honour to submit to Your Excellency the report of the Post and Telegraph Department for the year ended on the 31st March, 1943. I have the honour to be, Your Excellency's most obedient servant, P. C. WEBB. General Post Office, Wellington C. 1. 10th May, 1943.

STATEMENT OF FINANCIAL OPERATIONS AND BUSINESS OF THE DEPARTMENT FOR THE YEAR ENDED 31st MARCH, 1943. RECEIPTS AND PAYMENTS. The receipts and payments of the Department for the financial year 1942-43 are shown in the following account Receipts. Payments. £ £ £ £ Balance forward .. .. .. .. 38,672 Salaries .. .. .. 1,754,120 Postages .. .. .. .. 1,402,214 Conveyance of ocean and air mails ' .. 183,200 Money-order and postal-note commission 57,210 Conveyance of inland mails .. .. 174,328 Private box and bag rents and rural- Conveyance of mails by rail .. .. 126,535 delivery fees .. .. .. 63,189 Maintenance of telegraph and telephone Miscellaneous receipts .. .. 944,072 lines .. .. .. .. 388,520 Paid telegrams .. .. .. 469,486 Renewals and replacements .. ~ 50,000 Paid tolls .. .. .. .. 1,150,726 Motor services and workshops .. .. 167,185 Telephone-exchange receipts .. .. 1,776,724 Maintenance of Post and Telegraph 5,863,621 buildings .. .. .. .. 74,518 Miscellaneous .. .. .. 1,471,956 Interest on capital liability .. .. 692,637 Sick Benefit Fund .. .. .. 6,890 5,089,889 Renewal and replacement of Assets Fund (investment) 773,000 Balance carried down .. .. .. ~ 39 404 £5,902,293 £5,902,293 £ Balance brought down .. .. .. .. 39,404 The total cash value of the transactions of the Department, including the above, amounted to approximately £470,000,000.