NUMBER AND AMOUNT OF REDEEMED INTEREST CHECKS OF EACH LOAN, AND AMOUNT OF VOUCHERS FOR INTEREST PREPAID ON EACH LOAN WITHOUT THE ISSUE OF CHECKS, ON FILE JUNE 30, 1906. Loan. Loan of July and August, 1861, 6 per cent.. Loan of July and August, 1861, 6 per cent, continued at 34 per cent. Loan of 1863, 6 per cent.. Loan of 1863, 6 per cent, continued at 34 per cent. Funded loan of 1881, 5 per cent. Funded loan of 1881, 5 per cent, continued at 34 per cent. Loan of July 12, 1882, 3 per cent.. Funded loan of 1891, 44 per cent. Funded loan of 1891, 44 per cent, interest prepaid. Funded loan of 1891, 41 per cent, continued at 2 per cent.. Funded loan of 1891, 4 per cent, continued at 2 per cent, interest prepaid. Funded loan of 1907, 4 per cent.. Funded loan of 1907, 4 per cent, interest prepaid. Loan of 1904, 5 per cent.. Loan of 1904, 5 per cent, interest prepaid. Loan of 1925, 4 per cent.. Loan of 1925, 4 per cent, interest prepaid.. Loan of 1908-1918, 3 per cent, interest on deposits for bonds. Loan of 1908-1918, 3 per cent.. Loan of 1908-1918, 3 per cent, interest prepaid. Consols of 1930, 2 per cent, first interest on coupon bonds.. Consols of 1930, 2 per cent.. Consols of 1930, 2 per cent, interest prepaid.. District of Columbia: Fifty-year funded loan of 1924, 3.65 per cent. Pacific railroads, 6 per cent.. Old funded debt, 34 and 5 per cent. Spanish indemnity certificates.. Cherokee land certificates.. Total... ISSUE, REDEMPTION, AND OUTSTANDING OF VARIOUS OLD ISSUES OF THE GOVERNMENT AT THE CLOSE OF THE YEAR. ISSUE, REDEMPTION, AND OUTSTANDING OF VARIOUS OLD ISSUES OF THE GOVERNMent at THE CLOSE OF THE YEAR-Continued. NOTE. The office of the Register of the Treasury is the last to receive the redeemed securities of the Government, and therefore the amounts reported as "redeemed" will be less than the actual redemptions by the amount in transit, and the amounts reported as "outstanding" correspondingly increased. During the year there were received and filed in this division 1,092,483 redeemed vouchers, amounting to $110,867,736.16, making a total of 125,833,108 redeemed vouchers, amounting to $8,386,249,686.94 on file at the close of the year, as shown by the following table: CLASSIFICATION, TOTAL NUMBER, AND AMOUNT OF REDEEMED VOUCHERS ON FILE IN THIS DIVISION JUNE 30, 1906. Classification. Number of Amount. United States coupon bonds, various loans. Louisville and Portland Canal Co. coupon bonds. United States redeemed (detached) coupons.. District of Columbia redeemed (detached) coupons. Louisville and Portland Canal Co. redeemed (detached) coupons. Seven-thirty Treasury notes, acts of June 30, 1864, and Mar. 3, 1865. Certificates of indebtedness, acts of Mar. 1 and 17, 1862, and Mar. 3, 1863. vouchers. 2,466,021 1,597 111,944, 245 1,031,644 16,349 485,556 3, 101, 719 23,938 5,843 5,692, 240 Redeemed interest checks on deposits for bonds of the loan of 1908-1918. Redeemed interest checks, first interest paid on coupon bonds of the consols of 1930.. 140 218,603 179 $1, 424, 120, 010.00 12, 234, 850.00 1,597,000.00 1,270, 129, 206.83 10, 243, 020.08 490, 470.00 140,085, 350.00 829,871, 450.00 406, 528, 200. 46 184, 785,000.00 311, 030, 000.00 1, 473, 625, 000.00 710, 775, 300.75 678, 362. 41 561,750, 241.65 85,150,000.00 58,430.00 882, 227, 147.23 5,929, 397.20 200, 259.98 28, 351.25 13, 167, 219. 21 60, 313, 549.68 368, 670. 21 863, 200.00 8,386, 249, 686.94 AMOUNTS OF VARIOUS REDEEMED VOUCHERS RECEIVED, Canceled, and DESTROYED TO JUNE 30, 1906. The whole filing system of this division was overhauled, rearranged, relabeled, and cataloged during the past year, thereby gaining considerable filing space and affording great relief from the heretofore overcrowded and congested condition of the files, making the 125,833,108 valuable redeemed public-debt vouchers on file at the close of the year readily accessible. Being so conveniently located in numerical order and placed in numbered case sections under proper classifications, any individual voucher can be furnished on the shortest notice. This work has involved much time and tedious labor, but the test of experience will fully demonstrate the fact, that the work done in this line will give the division a model files system which will meet all demands of the public service in the future. RECOMMENDATIONS. I respectfully recommend that the salaries of the two chiefs of division of this office be increased from $2,000 to $2,250 per annum, and thus make their salaries more nearly on a par with the salaries of chiefs of division doing work in other bureaus of the Department involving no greater responsibility nor more exacting duties than the chiefs of division of this office. The custodian of the vault in the division of loans in this office receives for his regular work $1,800 per annum; in addition he has control of the Government securities amounting to many millions of dollars. I would respectfully recommend that his salary be increased $100, which would make it more nearly conform to that of other vault keepers in the Department. I believe it to be but fair and just that the principal bookkeeper be given a like increase. He would even then be receiving less than is now paid bookkeepers in other branches of the service. I also respectfully recommend that the office be given two additional clerks of class 4, in place of a like number of class 3. Such recommendation provides a just remuneration for deserving and efficient employees in the office. At the same time its adoption would enable the restoration to that grade of clerks who were reduced under what is known as "the Dockery Act," and who are now doing the identical work performed by them at the time of their reduction. I also respectfully recommend that the nine counters who are now paid $720 per annum be made expert money counters of Class D, with salaries of $900. This will place them on an equality in compensation with other employees doing similar work, and will be a slight promotion to a deserving and faithful force of counters. Respectfully submitted. The SECRETARY OF THE TREASURY. W. T. VERNON, Register. |