The New York herald., 1877-01-19
OUR MONEY ORDERS.
ANNUAL REPORT or THE NEW YORK POST
OFFICE MONEY ORDER DIVISION.


OFFICE MONEY ORDER DIVISION.
The money order division OF the New York Post
onice has made annual rcpor. through its superin
tcndcnt, Mr.. William Pimlcy. TO Postmaster James
Tho report somewhat lengthy. but interesting. as 1t
contains, besides figures. which are ordinarily dull
reading, full description OF the manner which the
business is conducted, tha, II necessary might be
used a guide In OF some unexpected emergency
There were issued during the year ending December
81, 1876, 3+,,ls domestic money orders amounting
tho aggregate 10 $795 l32 49, the fees for
which were s5,3o7 80; li,7os deposits of SUR
plus iuoney order funds were received, repre-
senting $i2,6,5 5l4 6s. and Postmaster Generals $
checks TO the amount OF $500 329 97. The dsburse-
ments arc enormous, and show that New York Is pre-
emnently apaying Office In far as money orders are
concerned. 40 fewer than 100000 domestic orders
paid. aggrcgating the sum OF j,0, 09i o. Nine
thousand three hundred and eighteen dollars and hy
cents refunded TO rcmittcrs, they having
returned their orders for repayment Fourteen thou
sand hundred ana eighty eight postmastcrs drafts
drawn on letter OF credit account. were paid, amount
ing TO s., o5o. Postmastcrs throughout the coun
try whose Offices run snort OF funds to pay money
orders furnished with drafts and letter OF credit
by the superintendent OF the Money Order Syaem on
the Postmaster OF New York. and thus enabled TO
meet all demands made upon them. -Four hundred
thousand dollars deposited in the sub Treasury TO
account AS surplus money The expense account
shows that SIS Ill So were paid out Tor salaries aud
other incidental expenses.
INVESTMENT.
The revenue derived from tho money order business
in the United States was SID, 032 Is. Eighteen hun
dred and hitytvo money orders were issued payable
IN the Dolnn,on OF Canada, amounting to $46 los 40
bat there received 3O6S orders representing
$40 443 81. The depressed financial condition Of tho
country has had apparently little cnoct upon the IN
tcrnatonal money order business II the following
hSures are taken as criterion, for there were no
fewer than a. I42 ORDERS amounting TO 1897 451 A.
transmitted to Great Britain and 6l5 ORDERS agsrc
gatng S397, OF 10, received.
rEuroNc INTERCHANGE
The German money order business makes even
better cxhibt, considering that II was established Que
year later than the British and that there are not
nearly many post Offices authorized To German
orders there are British. Thirty eight thousand
two hundred and ninety seven orders were cerhcd to
x766, 4US 81, and % 902 recelved amounting to
$'0jO77 81. Aduing these Two sums together We find
that more money vas exchanged between this country
and Germany during the past year than there was be-
tween Great Britain ana the untcd States
SWITZERLAND AND AT HOME.
The Swiss internatonal business, though compare
lively small, shows steady increase. Three thou
sand six hundred aud forty oroers were transmit
ted TO Switzerland representing $S2 81 o. ana 652
orders were received aggregating $40, ,lA H. The
total transactions IN the money order DIVISION in
aggregate $3l 6o2, i65 80. The total money order
business at the stations amounted to sl953 ~ 4O or
grand total Of money order business IN this city OF
the enormous sum oil $,3 556,17S 10
GOOD ADMINISTRATIONS AND EFFICIENCY.
Very few removals OF clerks have been made In this
division, except Tor CAUSE when absolutely Dcccs-
10 meet the requirements OF curailed appropr
ai0n. IL rs unnecessary now TO employ from six to
eight extra during the busy season, as used to be
the CUSTOM the Old clerks bong proficient that tho
work accomplished with more accuracy and
despatch than II green hands were employed.
Postmaster james has expressed 10 Mr. l'mlcy and
his deputy, Mr. Joseph Elliott. Jr., who has been
nineteen IN the Post Oicc, his hearty approval
Of the elaborate report which shows such substantial
results with comparative small outlay