The Telephone business must be a very profitable one to the colony. The number ot subscribers has increased from 1755 in It 86 to 2042 to March 1887. The gross re en ;e for the year was £15,477, the working expenses were £9,806 and the net revenue ot profit was no less than £5,671 or £l2 ISs 7d per cent for the year on the capital expended, a most satisfactory resalt. The following is a brief resume of business done at Gisborne in Post Office otdera dur, ing the year ending MarchMiney orders, issued 1837, amount £6349 <>s 34 ; ditto paid 711, amount £3141 Ils 23. The new accounts opened at the Savings Bank were 311. 1598 deposits were made, he amount being £11,957, 16s 61. 205 accounts wen closed and 994 withdrawals mad".
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/GSCCG18871020.2.21.4
Bibliographic details
Gisborne Standard and Cook County Gazette, Volume I, Issue 56, 20 October 1887, Page 2
Word Count
134Page 2 Advertisements Column 4 Gisborne Standard and Cook County Gazette, Volume I, Issue 56, 20 October 1887, Page 2
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Log in