Show I IU VI VIS li U S FINANCES IN GOOD I I Unexpected Big Receipts Receipts Account for Large Budget Surplus W n IT JUne ao 30 20 TB o s a budget budet bud et tonIght as I the end of o the th Jl cal year 23 1922 aho ed a surplus ur lu of I than that estl- estl OO more mor I mated by President harding on June 1 11 I Larae arK r-arK increases In cu customs col- col col and ordinary rc revenues I coupled with economy measures m ures Invoked invoiced by lh the en the government to reduce redu Its and aile pile up this big Surplus to Brigadier General H M Lord the tir director of the bud budget t Lord T ord said lid th the cost cot of ot running the government fOI 01 the th U IZ li rr YO was wa 00 That amount of oC cash was WI actually with with- withdrawn withdrawn drawn from the treasury to pay not only for ordinary current go go- go eminent eov-eminent eminent needs need bu but to Hall ti oh- oh on account of or capital op 01 including nt u OJ uthe the public debt Reduction Reductio in total oI as COffil compared are with Ith th the precedIng ca year amount amounted a to 25 1100 O The rhe ordinary operating ex- ex expenses ex expenses penal's of th the were ap ap- ap approximately proximately S 'S OOt less l ss s than thai last st year e of tures turcs on account ot of capital capita out out- la the fleet flet corporation refunds In tax receiptS receipt interest on the th public debt and retirement of ot the th debt I J JUlS UNS SF I IThe i The estimated deficit a year ago gO a for the year just closed was as 83 SiS SiS- nOD COO Lord Old a Count d for or wiping n out nut this expected deficit and run run- fling up the ne new ot of a cur sur- sur-plu sur plus as follows Increase in eo ont receipts UI p lous amount amou Ing to sa I Reduction In el estimated total ox- ox ex expenditure of OO j I I receipts were lup du ue to an Increase of or 1300 in cus- cus customs cus toms tome receipts A total of ot 5 S was paid Into the b customs collectors collector The amount collected In In was IOU Treasury Treasur leasers also showed an Increase of oC In Internal revenue receipts There as a an increase also of or OO In Il receipts ord lord estimated l that the rint had Ien ral ex en- en altu es c by 64 A A tion o ot or 4 In h charges on tha th public debt also as reported There was wa-s S I il n net In expendItures eXl s on capital outlay operations In special accounts nb rEO- rEO refunds re refunds funds of receipts and retirement or of orthe othe the public debt amounting amounting- to 10 I PO POSTAL POL L LOSSl S St 4 t ta report on opera opera- operations operations operations in the postoffice deJ department sho ho ed a posta deficit def for th the ear r to U 32 i Director Lord s today t reo re- re d that the po depart depart- merit ment will end the th year ye r no now about tr to bet In with at nt least lent a ft 1 O O |