OF THE POSTMASTER-GENERAL OF THE UNITED STATES; BEING PART OF THE MESSAGE AND DOCUMENTS COMMUNICATED TO THE TWO HOUSES OF CONGRESS AT THE BEGINNING OF THE SECOND SESSION OF THE FORTY-FIFTH CONGRESS. WASHINGTON: GOVERNMENT PRINTING OFFICE. 1877. REPORT OF THE POSTMASTER-GENERAL. WASHINGTON, D. C., November 9, 1877. SIR: The total expenditures of this department during the fiscal year ended June 30, 1877, were ..... The revenues were as follows: .$33, 486, 322 44 5,954, 737 18 Excess of expenditures over receipts In addition to the receipts shown above, there was realized on grants from the Treasury for various purposes, hereinafter detailed, the sum of $7,013,300.00, making the total amount received from all sources $34,544,885.26, an excess over the expenditures of $1,058,562.82. Included in the above statement of expenditures is the sum of $1,163,818.20, paid on liabilities incurred in previous fiscal years, and not properly chargeable to the expenditures of the last fiscal year. Deducting this sum from the aggregate amount leaves $32,322,504.24, as the actual expenditures for the year. In the receipts from money-order business is included the sum of $63,261.84, received from international money-orders for the year ended June 30, 1875, which, deducted from the total receipts in the above statement, leaves the sum of $109,148.01 as the actual receipts from that source, and reduces the amount of revenues for the year to $27,468,323.42. The expenditures and receipts of the department therefore, on account of and appertaining to the business of the last fiscal year, (excluding expenditures and receipts on account of previous years,) are as follows, viz: Expenditures Receipts, ordinary, from money-order business and from official stamps Leaving an excess of expenditures over receipts of... $32, 322, 504 24 27, 468, 323 42 4,854, 180 82 The expenditures during the fiscal year were $222,834.86 more than those of the preceding year, and $3,353,483.55 less than the estimates therefor. |