Evening star. [volume] (Washington, D.C.) 1854-1972, 1903-10-14
REGISTER LYONS FORCE
URGES AN INCREASE OF CLERI-
CAL ASSISTANTS.
Analysis of Holdings Of United States
Bonds-Money Counted and Pre-
pared for Destruction.

The report of Judson w. Lyons, register,
to the Secretary of the Treasury. has been
| made public.
The authorization by Congress through an
appropriation for nine additional counters
afforded timely relief to the currency sec
ton of the division of notes, coupons and
currency, where, by reason OF the large in
crease in the currency to be counted the
old force was wholly inadequate to the
| task. Now that work is kept up to date
without the assistance of details from other
branches of the department. The business
of this division is up to date in every
essential particular, bearing testimony to
the promptness and efficiency of the cleri-
cal force engaged in it's performance.
Work of the Year.
During the year there were received,
counted entered in blotters, examined,
I transferred to numerical registers and
scheduled 30, 122 coupon bonds, with 2 .091,2
coupons attached, the bonds amounting to
$2O, 36O, $50.
During the year there were counted ex
amned entered in journals and ledgers and
prepared for destruction 10,2l5,e59 United
States notes, amounting to $19GOOOOO;
1871. 564 treasury notes of 1880, amounting
to So 757 900; 100, 1886 silver certificates,
amounting to s26l. 299, 600; 1.636,546 gold
fractional currency amounting to $2,0S3; US
refunding certificates, amounting to $3.50;
30 one and two-year Treasury notes of
1863 and three-year compound-interest
notes of 1863 and 1861 amounting to $3.50;
aggregatng in number of notes 2,913, 253
and in amount S43S,5sl ,243, showing an in
! crease over the last fiscal year of 22,24o,Oo2
notes and in amount $11 4O1, 265.
Examined the Vault.
June 16, 1893, the register appointed
committee of five employees of the division
of notes. coupons and currency to examine,
count and report the number and value of
all unissued registered and coupon bonds
contained in the vault in the division of
loans of this office The report of the COM
mittee showed that the contents of the
vaults correspondent fully with the entries
in the vault ledger.
Holdings of Bonds.
For the year ended June 80 an analysis of
the ownership of registered United States
bonds with the object of discovering the
proportion held by foreigners, as we'll as
the countries and towns in which the own
ers reside. discloses little change from the
condition which existed last year. An ag-
gregate of $15,0G5, $50 of the registered
United States bonds are held by foreigners.
OF this amount 81, 81 $50 are credited to in
dividuals and 81, 154 500 to insurance COM
panies.
shows that the consols of 1880 is the popu-
lar one with national banks Out of a total
of $50G. 4G3, $50, the banks have on deposit
with the treasurer of the United States as
security for circulating notes and for de-
posits the sum of s45S, 43S, 100, leaving to be
accounted for s4S, 625, $50. OF the latter
amount s2G, 732 $50 are held by individuals
the balance being in the possession of
banks insurance and trust companies
lodges and societies.
The Registers Recommendations.
Register Lyons ends his report with the
following recommendations:
Many chiefs of division in the depart-
ment, charged with the performance of
duties of no graver Importance and of no
larger responsibilities than those of the reg
ister's office, are paid s2,2OO and 81 $50 per
annum. 1t is therefore recommended, in the
spirit of fairness, that the chiefs of this
office be given an increase of $3.50 each. :
Il beg to renew my recommendation of
last year. which was in these words:
AS the custodian of the vault in the
division of loans of this office, besides his
regular work for which he is paid 81 800 per
annum. has the immediate control of the
government securities, amounting to many
millions. stored in the vault in his charge,
and is obliged to keep an account of the
outgoing and incoming of the same an in
crease in his pay of 500 is recommended.
His compensation will then be less by 500
than that of vault keepers of the depart
ment generally. 1t is also recommended
that the principal bookkeeper be given
like increase. His position requires ability
of a high order. with great care and con-
slant vigilance in the discharge of it's du-
ties. Should this increase be given he will
still be paid less than is paid book
keepers in other branches of the service
Il also respectfully recommend that the
Office be given two additional clerks of class
4, in lieu of like number of class 3. The
adoption of this recommendation will
able the restoration to that grade of clerks
who were reduced under what Is known as
the Dockery act. and who are doing now
the same high-class work as they were
when paid as clerks of class T."