A (2) 8
IMPERIAL POST OFFICE.
36. The monthly Accounts Current with the Imperial Post Office have been audited to the 31st December, 1932, and accepted by the Imperial Post Office.
The stock of Imperial Postal Orders in the custody of the Postmaster General, Hong Kong, has been checked and verified.
POSTAL AGENCIES.
(Paras. 17/18. 1931 Report).
37. The accrued debt of $9,600, which was made against the Imperial Post Office in 1931 on account of exchange profits covering several years, was disallowed by the Imperial Post Office and recredited to the Agency Account in August 1932. The latter account was closed in September 1932, the balance of $12,388.13 being remitted to London, and a formal acknowledgement thereof received in November.
The balance of unsold stamps surcharged "China" was sent to London in September 1932, but no acknowledgement or quittance thereof has as yet been received.
SECRETARIAT FOR CHINESE AFFAIRS.
(Paras. 56/57. 1931 Report).
38. A number of semi-public accounts of Institutions and Funds, many of them of a charitable nature, are kept under the supervision of the Honourable the Secretary for Chinese Affairs, and their balance sheets published as annexures to the annual administrative report of that officer. It was ruled in 1924 that the special nature of these accounts placed them "outside the accounts of the Colony, except in so far as the Colonial Treasurer acts as banker".
The duties of this Department are therefore confined to ascertaining that such amounts as are published in the balance sheets as being in the custody of the Treasurer are correctly shown in the Treasury books.
The amounts so shown in the aforesaid balance sheets have been checked with the Treasury books and found to be correct.
KOWLOON-CANTON RAILWAY.
(Paras. 51/54. 1931 Report).
39. A copy of the Annual Report of the Manager of the Railway is forwarded as enclosure H, and full comparisons of the revenue and expenditure with the estimates for 1932 and with the revenue and expenditure of previous years are contained therein.