The financial transactions of the New York post-office are of enormous volume. Through its Division of Money-orders it issues and pays money-orders of a value comparable with the business of the large banks of the city. The Postal Savings System also has on deposit a sum which is exceeded by the deposits of only nine savings-banks in Manhattan, and is operated as part of the organization of the Division of Money-orders. This division is under the supervision of Mr. Albert Firmin, who has been connected with the postal system within a few months of forty years, and in point of service is dean among the division heads. It has been through Mr. Firmin's especial assistance that we have been able to obtain so complete a story of the New York post-office, although every office and every executive has coöperated in every possible way, for which extended courtesies we hereby make grateful acknowledgment. The New York post-office issues more money-orders than any office in the United States. The volume of money-order business, domestic and international, for the last five years, is shown below: DOMESTIC MONEY-ORDERS ISSUED Year Number Amount 1918 2,504,473 $ 25,014,403.41 1919 2,762,021 32,206,933.02 1920 3,306,613 43,457,921.55 1921 3,549,742 46,699,314.76 1922 3,846,676 45,339,319.17 ----------- ---------------- Total 15,969,525 $ 192,717,891.91 INTERNATIONAL MONEY-ORDERS ISSUED Year Number Amount 1918 194,349 $ 2,807,166.44 1919 192,655 2,839,846.28 1920 122,088 1,824,007.11 1921 76,292 1,161,793.74 1922 92,303 1,344,494.51 ---------- --------------- Total 677,687 $ 9,977,308.08 DOMESTIC MONEY-ORDERS PAID Year Number Amount 1918 16,869,819 $ 115,059,322.85 1919 16,544,345 132,692,080.13 1920 18,321,840 174,530,250.50 1921 16,379,250 155,812,988.47 1922 17,345,209 134,217,183.37 ---------- --------------- Total 85,460,463 $ 712,311,825.32 INTERNATIONAL MONEY-ORDERS PAID Year Number Amount 1918 51,443 $ 962,232.03 1919 65,605 1,349,771.29 1920 73,660 2,560,337.36 1921 47,493 803,782.14 1922 50,553 605,932.87 --------- --------------- Total 288,754 $ 6,282,055.69 During the fiscal year last past, 722,321 international money-orders, amounting to $9,583,425.62, were certified to foreign countries, and 112,292 such orders were certified from foreign countries to the United States, the total amount of these being $1,802,902.66. Occasionally in excess of 100,000 money-orders are paid in a single day, and it is the rule that this volume of business must be balanced to a cent daily.