R 2
Two bags of mails from Swatow for Hong Kong were lost in the wreck of the s.s. "Hsin Wah" on 16th January and one bag from Swabue was lost in the wreck of the s.s. "Lee Cheong" on 20th December.
3. REGISTERED ARTICLES AND PARCELS.
The number of registered articles handled amounted to 848,135 as compared with 806,980 in 1928—an increase of 41,155.
The figures for insured letters were 19,050 and 17,430 respectively—an increase of 1,620.
Full details are shown in Table II.
The number of parcels handled during the year was 411,165 as against 423,880 in 1928—a decrease of 12,815.
The decrease is on account of a smaller number of parcels being posted in Hong Kong for dispatch to other administrations and the office of Wei Hai Wei being instructed to close direct parcel mails to India during 1928.
There was however an increase in the number of parcels received for delivery locally.
Full details are shown 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 1929 amounted to $816,455.35, an increase on the previous year of $11,775.87. The Expenditure for 1929 amounted to $369,108.64 or $30,846.12 more than that of the previous year.
The balance of Revenue over Expenditure amounted to $447,346.71.
Table V shows Postage Stamps etc. of each denomination issued for sale during the years 1928 and 1929.
Table VI shows the Revenue and Expenditure of the Post Office for the ten years 1920 to 1929.
Table VII gives the Revenue from the sale of Postage Stamps, month by month, for the years 1927, 1928 and 1929.