R 2
Parcels, ordinary and insured, handled by the Post Office, amounted to 343,834 as compared with 333,061 in the previous year, an increase of 10,773.
Full details appear in Table III.
4.—REVENUE AND EXPENDITURE.
Table IV contains a statement of Postal Revenue and Expenditure for the year.
The total revenue from the Postal Service in 1922 amounted to $662,862.11, an increase on the previous year of $18,704.57. The Expenditure for 1922 amounted to $258,115.57.
The balance of revenue over expenditure amounted to $404,746.54.
Table V shows the postage stamps, etc., of each denomination issued for sale during the years 1921 and 1922.
Table VI shows the revenue and expenditure of the Post Office (exclusive of the Telegraph Sub-Department) for the ten years 1913 to 1922.
Table VII gives the revenue from the sale of postage stamps for the years 1920, 1921 and 1922. The increase of revenue from this source in the year 1922 over that of 1921 amounted to $24,204.93.
5.—MONEY ORDERS.
The slump in the Money Order transactions both inward and outward which started in the year 1921, has continued in 1922 but not to the same extent, the net falling off being £50,002 against £104,379 in the previous year.
It is difficult to state precisely the cause of this shrinkage in remittances. In the outward orders it is most probably due to the continued low value of the dollar but the greatest decrease occurs in the inward orders, viz. £41,292. The bulk of the inward orders are remittances from Chinese and Japanese in Australia, United Kingdom, India, etc., thus pointing to the gradual elimination of the Asiatics from those countries.
The telegraphic Money Orders were outward, 57 orders amounting to £734. 12s. 0d. against 88 orders for £1,250. 13s. 6d. in 1921; inward, 31 orders amounting to £721. 0s. 0d. against 17 orders for £451. 8s. 3d. in 1921.
The sale of British Postal Order is stationary but the paid orders showed a decrease of £1,706. 0s. 0d. The sale of Local Postal Notes also shows a diminution of $3,466.00.
Full details appear in Table VIII, IX and X.