12. The inauguration of the card system for Miscellaneous Deposits Bearing Interest has taken longer than was expected and until it is completed the position remains unchanged from last year.
13. The question was first raised by this department in January 1931. Though in April 1932 it was reported that the cards were ready for audit it was still found quite impossible to reconcile the entries on these cards with those of the deposit ledgers and considerable efforts were made both in the Treasury and the Audit to bring this matter to a satisfactory conclusion.
14. At one time the Treasurer was of opinion that the total liability on account of deposits would be in excess by some $1,000 of what would actually be required but further investigation has, however, proved the case to be otherwise and the latest information is that the main ledger liability is $291 short of what is shown in the deposit books and cards.
15. The item “Suitors' Fund" agrees in total and in detail with the books kept by the Registrar, Supreme Court.
UNCLAIMED DEPOSITS.
16. Included in the main total under Miscellaneous Deposits is a balance of $1,706 on account of deposits made by Post Office Box-holders. Of this amount $906 represents deposits the return of which were not claimed by box-holders when ceasing to rent a box and is an accumulation extending over 15 years and under Colonial Regulation 340 should have been written off to revenue. The question was taken up with the Postmaster General and, as a result, the $906 has since been transferred to Revenue.
Other balances remaining unclaimed for 5 years or over were reported to the Treasurer and $3,406 has, as a result, reverted to Revenue.
POSTAL AGENCIES-$1,451.91.
17. This item represents the sale of Hong Kong stamps Overprinted 'China' and is due to the Imperial Post Office which for many years maintained, under the supervision of the Hong Kong Post Office, Postal Agencies at various Chinese Ports. With the cession of Wei Hai Wei in 1930 the last of these agencies was closed.
18. The reduction of this liability from $12,043.91 at 31st December 1930 is, however, due mainly to the raising during the year of a debit against the Imperial Post Office in connection with certain money order transactions covering several years. Acceptance of this debit by the Imperial Authorities has not yet been notified and the question is being kept in view by query.
A (2) 3
12. The inauguration of the card system for Miscellaneous Deposits Bearing Interest has taken longer than was expected and until it is completed the position remains unchanged from last year.
13. The question was first raised by this department in January 1931. Though in April 1932 it was reported that the cards were ready for audit it was still found quite impossible to reconcile the entries on these cards with those of the deposit ledgers and considerable efforts were made both in the Treasury and the Audit to bring this matter to a satisfactory conclusion.
14. At one time the Treasurer was of opinion that the total liability on account of deposits would be in excess by some $1,000 of what would actually be required but further investiga- tion has, however, proved the case to be otherwise and the latest information is that the main ledger liability is $291 short of what is shown in the deposit books and cards.
15. The item “Suitors' Fund" agrees in total and in detail with the books kept by the Registrar, Supreme Court.
UXCLAIMED DEPOSITS.
16. Included in the main total under Miscellaneous Deposits is a balance of $1,706 on account of deposits made by Post Office Box-holders. Of this amount $906 represents deposits the return of which were not claimed by box-holders when ceasing to rent a box and is an accumulation extending over 15 years and under Colonial Regulation 340 should have been written off to revenue. 'The question was taken up with the Postmaster General and, as a result, the $906 has since been transferred to Revenue.
Other balances remaining unclaimed for 5 years or over were reported to the Treasurer and $3,406 has, as a result, reverted to Revenue.
POSTAL AGENCIES-$1,451.91.
17. This item represents the sale of Hong Kong stamps Overprinted 'China' and is due to the Imperial Post Office which for many years maintained, under the supervision of the Hong Kong Post Office, Postal Agencies at various Chinese Ports. With the cession of Wei Hai Wei in 1930 the last of these agencies was closed.
18. The reduction of this liability from $12,043.91 at 31st December 1930 is, however, due mainly to the raising during the year of a debit against the Imperial Post Office in connection rith certain money order transactions covering several years. Acceptance of this debit by the Imperial Authorities has not yet been notified and the question is being kept in view by query.
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