Full details appear in Table II.
Parcels, ordinary and insured, handled by the Post Office, amounted to 201,680 as compared with 135,163 in the previous year, an increase of 66,517.
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 1918 amounted to $427,132.88 being $23,263.01 more than that collected in 1917. The net expenditure, after deducting the sum of $70,276.74 (£12,591. 5s. 0d. at 3/7 per dollar) refunded to this Colony by the Post Office of the United Kingdom in respect of the period 1st July, 1917, to 30th September, 1918, on account of the suspension of the P. & O. Mail Contract Service (Bombay-Shanghai Service) amounted to $156,107.69 being less than that of 1917 by $103,107.14 due to the high rate of exchange prevailing during the year, the refund referred to above, and also to the expansion of postal business of every description. The balance of revenue over expenditure amounted to $271,025.19.
Table V shows the postage stamps, etc., of each denomination issued for sale during the years 1917 and 1918.
Table VI shows the revenue and expenditure of the Post Office (exclusive of the Telegraph Sub-Department) for the ten years 1909 to 1918.
Table VII gives the revenue from the sale of Postage Stamps for the years 1916, 1917, and 1918. The increase of revenue from this source in the year 1918 over that of 1917 amounted to $16,000.33.
5. MONEY ORDERS
Notwithstanding the continued restriction, throughout the year, of the issue of Orders on India, the amount being limited to Rupees 600 per week for any one remitter, the course of business in the Money Order Department during the year has shown a steady increase both in inward and outward orders. For the purpose of comparison all figures are converted into sterling at the average rate for the year, the actual accounts are kept in many currencies. The total business transacted amounted to £261,252. 11s. 0d. which is £18,619 more than the total for 1917, and is the largest amount of business as yet transacted in the Money Order Department. The previous highest total was £242,734. 1s. 9d. in 1916.
R 2-
Full details appear in Table II.
Parcels, ordinary and insured, handled by the Post Office, amounted to 201,680 as compared with 135,163 in the previous year, an increase of 66,517.
Full details appear in Table III.
4.-REVENUE AND EXPENDITURE.
Table IV contains a statement of Postal Revenue and Ex- penditure for the year.
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The total revenue from the Postal Service in 1918 amounted to $427,132.88 being $23,263.01 more than that collected in 1917. The net expenditure, after deducting the sum of $70,276.74 £12,591. 5s. Od. at 3/7 per dollar) refunded to this Colony by the Post Office of the United Kingdom in respect of the period 1st July, 1917, to 30th September, 1918, on account of the suspension of the P. & O. Mail Contract Service (Bombay- Shanghai Service) amounted to $156,107.69 being less than that of 1917 by $103,107.14 due to the high rate of exchange prevailing during the year, the refund referred to above, and also to the ex- pansion of postal business of every description. The balance of revenue over expenditure amounted to $271,025.19.
Table V shows the postage stamps, etc., of each denomination issued for sale during the years 1917 and 1918.
Table VI shows the revenue and expenditure of the Post Office (exclusive of the Telegraph Sub-Department) for the ten years 1909 to 1918.
Table VII gives the revenue from the sale of Postage Stamps for the years 1916, 1917, and 1918. The increase of revenue from this source in the year 1918 over that of 1917 amounted to $16,000.33.
5. MONEY ORDERS.
Notwithstanding the continued restriction, throughout the year, of the issue of Orders on India, the amount being limited to Rupees 600 per week for any one remitter, the course of business in the Money Order Department during the year has shewn a steady increase both in inward and outward orders. For the purpose of comparison all figures are converted into sterling at the average rate for the year, the actual accounts are kept in many currencies. The total business transacted amounted to £261,252. 11s. Od. which is £18,619 more than the total for 1917, and is the largest amount of business as yet transacted in the Money Order Department. The previous highest total was £242,734. 1s. 9d. in 1916.
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