GENERAL CABLES.
FEDERAL POSTAL BUSINESS.
By Telegraph.—Press relation.
Received Feb. 14, 8.40 p.m.
Melbourne, Feb. 14. The animal report of t'lio Postmaster- ! fit-noral's Department shows tlmt. the Post Ollico during the past financial year made n profit of £'207.001, as compared with a deficit of £M1,0.i3 for (.lie previ, ous year. This does not include interest. Alio win;:' for this, (here was a ~:lt loss, of .£315,M10, compared with £020,732 1«■ the previous year. The earnings of the Department totalled £5,040,500, an increase of £429,507. By standardising certain supplies, and by oilier economies, ft large further decrease of, expenditure is anticipated.
POWDER COMPAXY'S PROFITS.
' ' Xeiv York, Fell. )4.
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Taranaki Daily News, 15 February 1917, Page 5
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108GENERAL CABLES. Taranaki Daily News, 15 February 1917, Page 5
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