Q 2
$75,019.96 as compared with the year 1909. The sale of postage stamps in Hongkong accounting for $57,273.85, and at the Agencies $10,742.35, of the increase. The Expenditure amounted to $470,984.35 a decrease of $39,945.64. The decrease being due to a higher average rate of exchange and to four instead of five quarterly payments of the contribution to the Peninsular and Oriental Steam-ship mail subsidy being paid during the year under review. The increase for revenue therefore amounted to almost 17 per cent.,
and on the working of the post office there was a profit of $48,082.19 compared with a deficit of $66,683.41 for the preceding year.
5. Table IV shows a comparative statement of the sale of postage stamps at the various British Postal Agencies in China for the years 1909 and 1910. Table V shows the number of stamps of different denominations issued for sale during the years 1909 and 1910. On May 14th a new 5-cent stamp, for revenue purposes only, was issued and the issue of the 5-cent postage and revenue stamp discontinued. The Colony has adopted Imperial colour scheme for stamps, the stamps of similar values in the different Colonies adhering to this scheme being printed in similar colours. During the year the colours of the one-cent and two-dollar stamps were altered to agree with the above mentioned scheme. The large increase in the sale of the 5-cent revenue stamps was due to steps taken to enforce the stamping of receipts, and to stop several abuses which were found to be existing. The decrease in the number of $2, and 50-cent stamps sold was due to the fact that school fees are no longer payable in stamps. Table VI shows a statement of Revenue and Expenditure for the last ten years.
MONEY ORDERS.
6. The set back in money order business caused by depression in 1908, which recovered to the amount of £6,100 in 1909, has been totally recovered in 1910, the nett increase being £12,935, more than double that of the previous year. The volume of business has exceeded that of 1907 the record year. The extension of the system of issue and payment of British Postal Orders throughout the Empire has greatly increased the use of these orders. The sales in 1907 were £11,764, payment £3,269; in 1910 £19,784, and £6,265 respectively. There was a falling off of $6,000 in Local Postal Orders owing to unfavourable rates in the money market at the Agencies in China.
A direct exchange of money orders with French Indo-China came into force on the 1st October, 1910. Further details are given in Tables VII, VIII and IX.
DEAD LETTERS.
7. The total number of all articles received and dealt with in the Dead Letter Office at Hongkong (including those despatched from that office to offices of origin) during the year 1910, amounted to 146,413, comprised as follows:- Letters &c. received from abroad 47,224, despatched 55,429, and undeliverable by Hongkong 43,760. Of the letters returned from abroad and local letters, etc., undelivered it was possible to return to senders, Foreign 10,702, Local 3,283,
Q 2
$75,019.96 as compared with the year 1909. The sale of postage stamps in Hongkong accounting for $57,273.85, and at the Agencies $10,742.35, of the increase. The Expenditure amounted to $470,984.35 a decrease of $39,945.64. The decrease being due to a higher average rate of exchange and to four instead of five quarterly payments of the contribution to the Peninsular and Oriental Steam- ship mail subsidy being paid during the year under review. The in- crease for revenue therefore amounted to almost 17 per cent.,
and on the working of the post office there was a profit of $48,082.19 com- pared with a deficit of $66,683.41 for the preceding year.
5. Table IV shows a comparative statement of the sale of postage stamps at the various British Postal Agencies in China for the years 1909 and 1910. Table V shows the number of stamps of different denominations issued for sale during the years 1909 and 1910. On May 14th a new 5-cent stamp, for revenue purposes only, was issued and the issue of the 5-cent postage and revenue stamp discontinued. The Colony has adopted Imperial colour scheme for stamps, the stamps of similar values in the different Colonies ad- hering to this scheme being printed in similar colours. During the year the colours of the one-cent and two-dollar stamps were altered to agree with the above mentioned scheme. The large increase in the sale of the 5-cent revenue stamps was due to steps taken to enforce the stamping of receipts, and to stop several abuses which were found to be existing. The decrease in the number of $2, and 50-cent stamps sold was due to the fact that school fees are no longer payable in stamps. Table VI shows a statement of Revenue and Expenditure for the last ten years.
MONEY ORDers.
6. The set back in money order business caused by depression in 1908, which recovered to the amount of £6,100 in 1909, has been totally recovered in 1910, the nett increase being £12,935, more than double that of the previous year. The volume of business has exceeded that of 1907 the record year. The extension of the system of issue and payment of British Postal Orders throughout the Empire has greatly increased the use of these orders. The sales in 1907 were £11,764, payment £3,269; in 1910 £19,784, and £6,265 respectively. There was a falling off of $6,000 in Local Postal Orders owing to unfavourable rates in the money market at the Agencies in China.
A direct exchange of money orders with French Indo-China came into force on the 1st October, 1910. Further details are given in Tables VII, VIII and IX.
DEAD LETTERS,
7. The total number of all articles received and dealt with in the Dead Letter Office at Hongkong (including those despatched from that office to offices of origin) during the year 1910, amounted to 146,413, comprised as follows:- Letters &c. received from abroad 47,224, despatched 55,429, and undeliverable by Hongkong 43,760. Of the letters returned from abroad and local letters, etc., undelivered it was possible to return to senders, Foreign 10,702, Local 3,283,
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