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REPORT.

TREASURY DEPARTMENT,

Washington, D. C., December 6, 1875.

SIR: In obedience to law, the Secretary of the Treasury respectfully submits to Congress the following report on the subject of finance, embracing estimates of receipts and expenditures, and plans of revenue:

RECEIPTS AND EXPENDITURES FOR THE FISCAL YEAR ENDING

JUNE 30, 1875.
Receipts.

The moneys received and covered into the treasury by warrants during the fiscal year ending June 30, 1875, were as follows:

From customs..

From internal revenue.

From sales of public lands...

From tax on circulation and deposits of national

banks.

From repayment of interest by Pacific Railway

Companies

From customs' fines, penalties, &c.

From labor, drayage, storage, &c.
From sales of Indian-trust lands.

From fees-consular, letters-patent, and land..

From proceeds of sales of government property
From marine-hospital tax..

From steamboat fees...
From profits on coinage, &c.

From tax on seal-skins..

From miscellaneous sources.

Total ordinary receipts.

Premium on sales of coin..

Total net receipts, exclusive of loans..... Balance in treasury June 30, 1874, including deposits of coin and United States notes represented by certificates outstanding..

$157, 167, 722 35

110, 007, 493 58 1, 413, 640 17

7,268, 379 16

882, 274 91 228,870 23

1, 112, 500 53 243, 671 66 1,818, 884 29 1,278, 693 87

338, 893 78 260, 944 75

452, 657 40 317, 494 75 1,228, 649 98

284, 020, 771 41 3,979, 279 69

288, 000, 051 10

150, 731, 694 63

Total available cash..

438, 731, 745 73

Expenditures.

The net expenditures by warrants during the same period were

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For military establishment, including fortifications,
river and harbor improvements, and arsenals.
For naval establishment, including vessels, and ma-
chinery and improvements at navy yards..
For miscellaneous civil, including public buildings,
light-houses, and collecting the revenues.
For interest on the public debt, including interest on
bonds issued to Pacific Railway Companies..
For payment of award to British claimants.

Total net expenditures...
Redemption of the public debt..

Total net disbursements

Balance in treasury June 30, 1875

$17, 346, 929 53 1,265, 418 23 8,384, 656 82 29, 456, 216 22

41, 120, 645 98

21, 497, 626 27

50, 528, 536 22 103, 093, 544 57 1,929, 819 00

274, 623, 392 84 19, 405, 936 48

294, 029, 329 32

144, 702, 416 41

Total....

438, 731, 745 73

This statement shows that the net revenues for the fiscal year were..

$288, 000, 051 10

And the ordinary expenses, (including the award to
British claimants, $1,929,819)..

Leaving a surplus revenue, exclusive of provision for the sinking fund...

274, 623, 392 84

13, 376, 658 26

By reference to the last annual report, page VI, it will be observed that the estimate then made was that the revenues for this fiscal year would reach the sum of $284,318,285 99, and that the expenditures would amount to $275,315,489 42.

RECEIPTS AND EXPENDITURES FOR THE FISCAL YEAR ENDING JUNE

30, 1876.

The receipts during the first quarter were

From customs...

From internal revenue.

From sales of public lands..

From tax.on circulation, &c., of national banks.
From repayment of interest by Pacific railways..
From customs' fines, &c. ...

From consular, patent, and other fees...

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From proceeds of sales of government property.....
From miscellaneous sources.

Net ordinary receipts..

Premiums on sales of coin...

Total net ordinary receipts.

Balance in treasury June 30, 1875

Total available....

The expenditures during the same period were-
For civil and miscellaneous expenses, including public
buildings, light-houses, and collecting the revenues.
For Indians...
For pensions..

For military establishment, including fortifications,
river and harbor improvements, and arsenals.
For naval establishment, including vessels and ma
chinery and improvements at navy yards..........
For interest on the public debt, including Pacific
Railway bonds..

Total ordinary expenditures.

Redemption of the public debt

Balance in treasury September 30, 1875..

Total.....

$104, 273 65 1,722, 408 90

78, 995, 869 67 2, 160, 275 47

81, 156, 145 14 144, 702, 416 41

225,858, 561 55

$18,673, 072 68 2,660, 474 38 8, 345, 927 64

11, 391, 476 26

7,959, 037 99

34, 517, 554 81

84,047, 543 76 6,838, 999 66 134, 972, 018 13

225,858, 561 55

For the remaining three quarters it is estimated that the receipts

will be

From customs...

From internal revenue..

From sales of public lands

From tax on national banks...

From reimbursement by Pacific railways..

From customs' fines, penalties, and forfeitures..

From consular, patent, and other fees....

From proceeds of sales of public property.

From miscellaneous sources, including premium on

coin...

Total net receipts

$112, 000, 000 00

92, 000, 000 00 1, 100, 000 00 3, 650, 000 00 350, 000 00 100, 000 00

1,300, 000 00 600, 000 00

5, 200, 000 00

216, 300, 000 00

For the same period it is estimated that the expenditures will be

For civil miscellaneous, including public buildings.. $49, 500, 000 00

For Indians....

For pensions..

For military establishment.

For naval establishment

For interest on the public debt.

Total ordinary expenditures...

4, 400, 000 00 21, 000, 000 00 30, 000, 000 00 12, 000, 000 00 67, 500, 000 00

184, 400, 000 00

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