From rue "Nogru-CHINA DAILY News' or January 19, 1878
The 37th annual report of the P. & O. Company took place on December 4. The report states that the Company's receipts for the years 1875 and 1876 showed a joint diminution of £140,000 as compared with 1874, but a recovery is noted to the extent of nearly £100,000 during the present year. It also alludes to the decision of the Government, as announced some time back, to terminate the present mall contract in February 1880, and to invite tenders for the postal service. An element in the acceptance of such tenders as may be made should no doubt be the tried reliability of the P. & O. Company, who have carried the mails for forty Years past, with signal efficiency and their og resources for the purpose "unequalled by any other com-any. We trust that the Postmasterneral wilt see the wisdom of avoiding any experiments.
Text read from the printed page and cleaned; old type leaves the occasional error.