Pony Express Operating Deficit

“No expenses had been spared to assure the Pony’s success: it had cost about $100,000 to set up. Yet unlike the Central Overland stage line, the Pony Express had no government mail subsidy; its only revenues came from the $5 fee it charged per letter. This charge brought in only about $500 a day, while the Pony’s expenses were at least twice that amount. Above and beyond its exorbitant startup costs, the Pony Express was losing between $15,000 and $20,000 per month.”