RECORD SURPLUS
TO BRITISH POST OFFICE.
[United Press Association.—By Electric Telegraph.—Copyright.] RUBGY, Jan, 31. A surplus of £9,000,000 is revealed in the, Post Office commercial accounts for the year ended in March, last. This is the highest recorded in the history of the Post Office. The figures are; Postal surplus, £925,000; telephone surplus, £500,000; telegraph deficit, £750,000. The cash receips for wireless licenses totalled £1,368,000 against £1,234,898 for the preceding year. After 1?4 per cent, had been credited to the Post Office for expenses of management, etc, a balance remained of £1,179,501, of which £887,616 was paid over to the British Broadcasting Corporation, and. £291,885 accrued to .the .Exchequer.
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Hokitika Guardian, 3 February 1930, Page 5
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109RECORD SURPLUS Hokitika Guardian, 3 February 1930, Page 5
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