The Postal System of the United States and the New York General Post OfficeJefferies, Thomas C.
History
The Postal System of the United States and the New York General Post Office
Jefferies, Thomas C.
Postal service -- New York (State) -- New York; Postal service -- United States
At practically all the stations of the New York office there are
postal-savings depositories which are open to the public from 8 A.M.
to 8 P.M. The rate of interest on postal savings is but two per cent.,
but the advantage of absolute safety which the system affords appeals
to those who utilize it. Not more than $2500 is accepted from one
depositor, but a deposit as small as one dollar is accepted, and this
may even be accumulated by the purchase of ten-cent postal-savings
stamps, which are obtainable at all stations.
New York has on deposit close to one third of all the postal-savings
deposits in the United States. There are approximately 140,000
depositors in Manhattan and the Bronx, and they have to their credit in
excess of $44,000,000. Thus it will be seen that the New York office
is not only a colossus among post-offices, viewed from the standpoint
of postal facilities and postal business, but that as a financial
institution as well it is a giant.
_Office of the Cashier_
The cashier is the disbursing officer of the New York office, and he
likewise receives all money derived from the sale of postage-stamps,
stamped envelops, postal cards, and internal revenue stamps which
are disposed of at the different stations and in all the third-and
fourth-class post-offices in thirty-five counties in the State
of New York. The cashier is Mr. E. P. Russell, and his financial
responsibilities are great. The New York post-office is the depository
for surplus postal funds from all first-and second-class post-offices
in New York State, and it likewise provides hundreds of offices with
treasury savings stamps and certificates, and accounts for the revenue
received therefrom. How great is the volume of business of the cashier's
office will be seen from the statistics given below, which are for the
fiscal year ended June 30, 1922.
STAMPS
Kind Number
Ordinary 1,317,465,292
Postage due 8,584,300
Parcel post 150,750
Proprietary (revenue) 1,768,763
Documentary (revenue) 7,240,444
Stamps in coils 337,852,500
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1,673,062,049
Books of stamps 1,403,100
International reply coupons 30,000
POSTAL CARDS
Denomination Number
Postal cards--1c. 147,515,077
Postal cards--2c. 29,242,551
Postal cards--4c. 1,163,209
-----------
177,920,837
STAMPED ENVELOPS
Kind Number
Public-domain text, read in full here on John Shaqi.
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