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tion of the public accounts and of the current business of the year, and statistical information concerning the currency and kindred matters, which are submitted for your consideration.

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SIR: I have the honor to submit herewith a report in detail of the work performed in the several divisions of this bureau during the year ended June 30, 1878.

LOAN DIVISION.

The total number of United States coupon and registered bonds issued

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318,942 287,953

Actual redemptions, coupon and registered (per record of this office).

Total......

Amount of canceled coupon bonds turned over to committee for destruction......

A synopsis of the vault account shows that there was on hand July 1, 1877, including bonds in hands of European agent........

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$156, 153, 700 00 64,054, 100 00 241,910, 113 15

462, 117, 913 15

64, 054, 100 00 241,910, 113 15 116, 484, 900 00

422, 449, 113 15

107,366, 050 00

544, 239, 950 00

107, 195, 000 00 388,506,600 00 1,450,000 00

1,041, 391, 550 00

67,858,700 00 392,812, 650 00 1,365,000 00

26,862, 800 00 3,562, 150 00 133,000 00

75,908, 150 00 458,718, 350 00 771,750 00 13,399, 000 00

1,041, 391, 550 00

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Statement showing the number of cases, number and amount of registered and coupon bonds issued and canceled during the fiscal year ending June 30, 1878.

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Bonds issued.

Amount.

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Statement showing the number of cases, number and amount of registered and coupon bonds issued and canceled, &c.—Continued.

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Amount.

No. of bonds.

Amount.

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879 77

2,863, 000 00 14, 200 00

2,863, 000 00

776

R..

602, 200

1862.

C..

6, 145

R.

278

434

$150, 650 4, 250

22,975, 050 00

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14, 200 00
602,200 00

22,975, 050 00
150, 650 00
4,250 00

468, 350 00
9,993, 850 00
1,370, 350 00
19, 601, 250 00
145, 450 00
4,000 00

75, 441, 200 00
3,245, 850 00
46, 422, 000 00
38, 758,250 00

8, 153, 600 00
18, 830, 450 00
298,500 00
4, 265, 000 00
8, 297, 000 00
15, 140, 600 00
27,978, 800 00
20, 270, 400 00
49, 643, 800 00
2, 165, 050 00
43, 861, 450 00
496, 000 00
€69, 000 00

422, 449, 113 15

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NOTE AND COUPON DIVISION.

At the close of the fiscal year ending June 30, 1878, the employés of this division consisted of twenty-eight clerks, eight males and twenty females, and two messengers.

The whole number of clerks employed during the year is forty-one, ten males and thirty-one females.

The average number per month during the year is twenty-eight, eight males and twenty females.

The following consolidated statement exhibits the character and amount of work accomplished during the fiscal year ending June 30, 1878:

Redeemed, exchanged, and transferred United States bonds, with coupons attached, examined, registered, and scheduled for destruction.

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Treasury notes, interest coin-checks, coin and currency certificates, assorted, arranged, counted, registered, and compared.

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Coupons redeemed detached from bonds and notes, assorted, arranged numerically, and counted, 2,8 55,300; registered, 2,852,216; examined and compared, 2,770,119.

NOTE AND FRACTIONAL CURRENCY DIVISION.

Statement showing the number of notes and amount of United States notes and fractional currency examined, counted, canceled, and destroyed, for the year ending June 30, 1878.

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The total tonnage of the country exhibits a decrease of 29,835 tons, the registered tonnage having increased 17,854 tons, the licensed tonnage (under 20 tons) 817 tons, while the enrolled tonnage has decreased 48,506 tons.

The actual decrease is believed to be about 29,660 tons; this amount being the excess of the losses over the gains during the year.

The aggregate has been reduced by vessels laid up and not redocumented, rebuilt, readmeasured, used for inland trade and other purposes and sold to the United States Government. Below are given the totals for the last two years:

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The comparison of the different classes of vessels is as follows:

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It may be seen from the foregoing that the canal-boat tonnage has increased 7,296 tons, and the barge-tonnage 25,456 tons, while the sailingtonnage has decreased 59,070 tons, and the steam-tonnage 3,518 tons. The proportion of the sailing-tonnage registered is 58 per centum, and the steam-tonnage 15 per centum.

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