A Record of Progress.
The excess cf wiUxlrawalsiover deposits at New {Plymouth in 1891, was due to Hio outflow 'oi deposited vvitlv Hie Post OHice (hiring the financial panic of 1892. Tire excess of withdrawals over -deposits in Mot is stated to tic due to land speculation.
The progress of the Telephone Exchange business is illustrated by the folk-wing- figures. In 1890-1897 the first complete year of the existence of (he exchange the revenue was Wit while -in 1901 it reacheo Jt2l>Bß. The number of subscribers during 1 l)o same, period increased freni .1.17 to !io:i, aird liureaux Connected Willi the exchange are available for. subscribers use from (5 to 2(5. There were no sub exchanges in IHiHi-1897, and Ihere are now two. The l'.ureau business during 1800-07 al New Plymouth was 5181 transactions,- revenue £'■) 19s 'lid, and in lilOl-11.-j I');i(i7 transactions, revenue £228 1s 9-d. Huh Oflices, 189(5-97, 518-1 transactions, revenue 12 8s (id ; 1903-0"), 21508 transactions, revenue £.j69 (5s lid.
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https://paperspast.natlib.govt.nz/newspapers/TDN19051130.2.8
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Taranaki Daily News, Volume XLVII, Issue 7991, 30 November 1905, Page 2
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162A Record of Progress. Taranaki Daily News, Volume XLVII, Issue 7991, 30 November 1905, Page 2
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