CO129-342 - Governor Lugard & Public Offices - 1907 [11-12] — Page 66

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All AI Reviewed

Agencies.

The actual expenditure upon the Agencies (not including the Tientsin Agency) in the year 1906 was $86,707.83.

Owing to a large increase in weight of correspondence since the time when the Washington Postal Convention statistics were taken, it may be expected that this expenditure will be increased by additional transit charges to $92,028. The revenue inclusive of the grant of £710 from the Imperial Post Office stood at $123,520. It is expected that owing to the increase in the unit of weight of letters from $\frac{1}{2}$ oz. to 20 grammes, and the reduced second rate that the sale of stamps at the Agencies will be reduced by 25 per centum. The revenue derived from the sale of stamps during the year 1906 was $107,249.76 so that next year the total revenue may be estimated at $96,708, viz:-

Sale of Stamps $80,438
Unpaid Postage, Imperial Grant, Money Orders, &c. 16,270
$96,708

The Agencies would therefore be conducted at a profit of $4,680 ($96,708 - $92,028 = $4,680).

But for the 20 per centum Military Contribution ($19,342), deduct $4,680, the result is $14,662.

The expenditure on the Tientsin Agency turns this profit into a loss of $14,662.

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Agencies. 65 3. The actual expenditure upon the Agencies (not including the Tientsin Agency) in the year 1906 was $86,707.83. Owing to a large increase in weight of correspondence since the time when the Washington Postal Convention statistics were taken, it may be expected that this expenditure will be increased by additional transit charges to $92,028. The revenue inclusive of the grant of £710 from the Imperial Post Office stood at $123,520. It is expected that owing to the increase in the unit of weight of letters from $\frac{1}{2}$ oz. to 20 grammes, and the reduced second rate that the sale of stamps at the Agencies will be reduced by 25 per centum. The revenue derived from the sale of stamps during the year 1906 was $107,249.76 so that next year the total revenue may be estimated at $96,708, viz:- Sale of Stamps $80,438 Unpaid Postage, Imperial Grant, Money Orders, &c. 16,270 $96,708 The Agencies would therefore be conducted at a profit of $4,680 ($96,708 - $92,028 = $4,680). But for the 20 per centum Military Contribution ($19,342), deduct $4,680, the result is $14,662. The expenditure on the Tientsin Agency turns this profit into a loss of $14,662.

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Agencies. 65 3. The actual expenditure upon the Agencies (not including the Tientsin Agency) in the year 1906 was $86,707.83. Owing to a large increase in weight of correspondence since the time when the Washington Postal Convention statistics were taken, it may be expected that this expenditure will be increased by additional transit charges to $92,028. The revenue inclusive of the grant of £710 from the Imperial Post Office stood at $123,520. It is expected that owing to the increase in the unit of weight of letters from oz. to 20 grammes, and the reduced second rate that the sale of stamps at the Agencies will be reduced by 25 per centum. The revenue derived from the sale of stamps during the year 1906 was $107,249.76 so that next year the total revenue may be estimated at $96,708, viz:- Sale of Stamps $80,438 Unpaid Postage, Imperial Grant, Money Orders, &c. 16,270 $96,708 The Agencies would therefore be conducted at a profit of 2 wenue $96,708 penditure 92,028 $4,680 $4,680 but for the 20 per centum Military Contribution ,662 The expenditure on the Tientsin Agency is 20% on $96.708 $19.342 deduct 4,680 $14.663. which turns this profit into a loss of $14, & propt

2026-06-05 16:18:52 · Baseline

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Agencies.

The actual expenditure upon the

Agencies (not including the Tientsin Agency) in the year

1906 was $86,707.83.

Owing to a large increase in weight

of correspondence since the time when the Washington Postal

Convention statistics were taken, it may be expected that

this expenditure will be increased by additional transit

charges to $92,028. The revenue inclusive of the grant of

£710 from the Imperial Post Office stood at $123,520. It

is expected that owing to the increase in the unit of

weight of letters from oz. to 20 grammes, and the reduced

second rate that the sale of stamps at the Agencies will

be reduced by 25 per centum. The revenue derived from the

sale of stamps during the year 1906 was $107,249.76 so that

next year the total revenue may be estimated at $96,708,

viz:-

Sale of Stamps

$80,438

Unpaid Postage, Imperial Grant, Money Orders, &c.

16,270

$96,708

The Agencies would therefore be conducted at a profit of

wenue $96,708 penditure 92,028 $4,680

$4,680 but for the 20 per centum Military Contribution

,662

The expenditure on the Tientsin Agency

20% on $96.708

$19.342 deduct

4,680 $14.663.

which turns this profit into a loss of $14, & propt

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