Post_Office_1972-1973 — Page 12

HKPost Annual Reports & Postal Guides 香港郵政年報指南 All

amount of remittance business done compared with 1971-72. Although the numbers of Money Orders issued and paid showed an increase compared with 1971-72, the commission earned on the remittance services as a whole, which amounted to $360,860, showed a decrease of $20,771 compared with the previous year.

29. The following shows a comparison of remittance business done during the year compared with the previous year:

Service

No.

Issued Amount

No.

Paid Amount

Money Order

1971-72

57,575

$6,496,368

56,887

$ 5,911,781

1972-73

65,802

$6,789,142

57,475

$ 4,973,421

Postal Order ..

1971-72

90,177

$3,537,024

1,203,240

$74,062,253

1972-73

81,324 $3,063,083

1,187,679

$73,451,617

Social Welfare Department-Public Assistance Scheme

30. Fifty post offices were involved in the payment to recipients of 171,591 cash coupons totalling in value $29,314,275. These figures compare with 114,038 cash coupons totalling $11,428,035 paid in the previous year, and represent increases of 50% in the number of pay- ments and 156% in the value of payments.

Business Reply Service

31. On the 31st March, 1973, there were 345 current business reply service licences, 64 having been issued and 54 cancelled during the year.

Postage Meter Machines

32. The increasing recognition by business houses of the advan- tages of using postage meter machines continues and the number licensed rose from 872 in 1971-72 to 991 in 1972-73. Postage collected through meter accounts was $36,800,000, an increase of $1,300,000, or 3.7%, over the preceding year.

POSTAL SERVICES

33. There was an increase of 2.3% in the total number of postal articles handled during the year-an estimated 252.1 million as com- pared with an estimated 246.5 million in the previous year.

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