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REPORT ON THE FINANCES.

NUMBER AND AMOUNT OF BONDS CANCELED DURING THE YEAR ENDED JUNE 30, 1910.

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NUMBER AND AMOUNT OF BONDS, IN SUMMARY FORM, ISSUED AND CANCELED, AND THE TOTAL NUMBER AND AMOUNT HANDLED DURING THE LAST TEN YEARS.

Bonds issued.

Bonds canceled.

Year.

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1902-3.

52, 907

254, 181,790

98,803

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1903-4.

42,786

179,301, 650

78,233

192,646, 900

121,019

1904-5.

43,728

173, 485, 790

48,410

171, 151, 740

92,138

1905-6.

50,747

241, 493, 540

87,318

241, 188, 640

138,065

1906-7.

44,337

229,976, 440

91,301

223, 128, 690

135,638

1907-8.

38,036

199,844, 050

92,150

1908-9.

39,351

170, 470, 090

58,307

192,320, 670 163,317, 190

130, 186

97,658

1909-10..

34, 109

121,857, 140

38, 604

121,712, 240

72,713

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2,453,362, 740 1,297,413

254, 672
103, 614

$1,351, 196, 980 292, 121, 800 524,324.230 371,948, 550 344,637,530 482, 682, 180 453, 105, 130 392, 164, 720 333,787,280 243,569, 380

4,789,537,780

PHILIPPINE ISLANDS AND CITY OF MANILA BONDS.

On August 1, 1909, a third series of bonds of the Philippine Islands on account of public improvements, amounting to $1,500,000, was issued. These bonds are redeemable after August 1, 1919, and pay

able August 1, 1939.

There are now seven issues of bonds on account of the Philippine Islands, viz:

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As stated in my previous report, by an arrangement entered into between the Secretary of the Treasury and the Secretary of War, the issues and transfers of the bonds of the Philippine Islands and the City of Manila, under the act of Congress of July 1, 1902, are all made by this office and the records are kept here.

The following table shows the principal facts in regard to the schedules prepared in this division during the last fiscal year whereby the Treasurer of the United States was authorized to draw checks for the payment of interest on registered bonds on the loans of the United States, the Panama Canal, the Philippine Islands, and the

District of Columbia:

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REPORT ON THE FINANCES.

DIVIDENDS OF INTEREST PREPARED ON REGISTERED BONDS-Continued.

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The following summary of dividends declared by this division during the last ten years shows that during that period the Treasurer of the United States has been authorized by this office to draw 1,808,081 checks for the payment of interest, amounting to $206,156,685.24, exclusive of checks drawn in prepayment of interest:

NUMBER AND AMOUNT OF INTEREST CHECKS DECLARED DURING THE LAST TEN YEARS.

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1,808,081

206, 156, 685.24

21,047,761.45

Interest was prepaid on registered bonds of various loans during the fiscal years 1899-1900, 1902-3, and 1906-7, and in order to ascertain the total amount of interest paid on registered bonds it is

necessary to add the amounts of such prepayments to those given in the above table. The prepayments were made by the Treasurer of the United States on presentation of the bonds and such fact stamped on the bonds. Schedules were then prepared in this office which gave in detail a description of the bonds on which interest had been prepaid.

The following table shows the number and amount of unissued bonds of each loan, class, and denomination, on hand June 30, 1910:

65872°-FI 1910-28

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UNISSUED BONDS ON HAND IN THE OFFICE OF THE REGISTER OF THE TREASURY AT THE CLOSE OF BUSINESS JUNE 30, 1910.

Loan of 1925, 4 per cent..

Consols of 1930, 2 per cent..

Philippine loan of 1914-1934, land purchase, 4 per cent.
Philippine loan of 1915-1935, public improvements, 4 per cent, first series..
Philippine loan of 1916-1936, public improvements, 4 per cent, second series.
Philippine loan of 1919-1939, public improvements, 4 per cent, third series..
City of Manila, sewer and water loan of 1915-1935, 4 per cent, first series..
City of Manila, sewer and water loan of 1917-1937, 4 per cent, second series.
City of Manila, sewer and water loan of 1918-1938, 4 per cent, third series..
Certificates of indebtedness, act of June 13, 1898, 3 per cent...
District of Columbia, fifty-year funded loan of 1924, 3.65 per cent.
Spanish indemnity certificates..

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