BRITISH POST OFFICE
FIGURES FOR LAST YEAR. (United Press Association—By Electric Telegraph—Copyright) (Australian Press Association). (United .Service.) ißeceived this day at 12.25. p.m.) LONDON. Jan. 28. Accounts of the Post Office for the last financial year, including postal, telegraph and telephone services, s"nwa surplus of just over seven and a-balf millions sterling, which i.s the highest since 1922. They show an increase on the preceding year of a million and three-quarters. According to the Auditor-General’s covering report, lour beam wireless stations showed a combined nett surplus of £89,-173. but the Imperial Atlantic Cable showed a loss of £32,G9(>, partly due to beam competition. The beam wireless surplus was reduced by a deficiency over the wireless activities. The outcome of all the wireless services was a deficit of £28,4-17 or 4.9 of the total income, compared with £1,404,4G3 or 39/i7 per cent, the previous year.
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Hokitika Guardian, 29 January 1929, Page 5
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144BRITISH POST OFFICE Hokitika Guardian, 29 January 1929, Page 5
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