P & T DEPARTMENT

Hokitika Guardian, 11 May 1929, Page 2

P & T DEPARTMENT

KJvSUj.T Or' YEAR’S WORKING. 4 REVIEW BY THE PRIME MINISTER NAPIER, May 9. The results of the year’s work of the Post and Telegraph Department"’■‘were made known by the Prime Minister, Sir Joseph Ward, in the course- of his address at the ceremony of the laying of the foundation stone of Napier’s new post office. “ It is fitting, on an occasion such as this, that I, should make reference to the results of the year’s working of the Department,” he said, “ and I am pleased Lo say that several of the branches of tl|f Department’s activities show marked growth. "The figures lor the twelve months ended Mracli 31, 19129,' indicate that there has been a satisfactory increase in the revenue earned by the Department, the increase being £168,308 2s 10d. The main, increases in the year’s transactions are:— £ s. d. J o tares 49,197 14 6 Tolls . 45,661 16 0 Telephones 78,618 6 4 Miscellaneous , telegraph ' 4,551 2 0 ‘•The Savings Rank business indi rates that theft?'has been a substantial improvement - bin do last ycai. total amount • .deposits for the cyai v.as £27,252,381 9s, being only £358,08-1 !6s Id less than hist year. The withdrawals were .<528-111,■040 'thisbeing £2,473,056: lfs- Gd : les « t,l! > a last year. The excess of withdrawals for the year ended March : 31. 1928,' was €2.9731.31 9s 3d. The position has improved to the extent that, this year, the excess of withdrawals has decreased to £859,559 7s 9d. As a set-off against the excess of withdrawals, the amount credited to Savings Bank depositors for .interest as at Match 31 must be taken into consideration. Bnst year the amount so credited was £1,747,155 13s 9d. It will, therefore, I,e’seen that, notwithstanding that there is an excess of withdrawals, the accumulated fund will increase by close on £900.090. ■• Since the * ml' <>■ tile financial year, thrn-e has hern, a further ■improvement in the Savings Bank figures. Eor the month of April the .excess of ueposits over withdrawals. .’nj:io,nn,tcd to £303.340, as ecu,parff ; with; ail ( or withdrawals, .over ' deposits of £151,366 for the mouth of April last year. ‘‘The increase in • the money order business for the year has not been marked. The increase in number amounted to H .685, and the increase in amount to £13.539 3s 6d. The increase in the, number of orders paid was 4455 amV the amount £?3.*59 14s 7d. The increase in liie number of or<llnary was 100 742 and the 063.14 6s 7d. Toll cmmunicafipim show a.n Increase ol 900 300 and £45,661 lbs 111 amount. increase for all codes of telegrainpwas 993,339 in number and £45.515;iih-3.Vd in amount. . ‘‘ThijSwitinber of radio receiving liforce throughout the Dominion® March 31 -hist was 44,810. Jjy ugg&nd of April, 35,880 licenses had bemfarfenewed, and it is anticipated a month or two, the number licenses m. fcuTg will he asbgVea’t as at the .end' ol the year.” "•'ry V': :