tuted by inscription in the mercantile registry of the ordinances of the bank, duly translated and attested by inscription in said registry of the power of attorney granted to the agents in this city.

CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA.

This bank was founded by virtue of royal privilege dated December 29, 1853, granted by Her Majesty the Queen of England. Copy in English of the contract of establishment of the bank is hereto attached.

In 1873 an agency was established in this city, for which purpose the powers of attorney conferred upon the agents in this city were filed in the royal audiencia of Manila, and upon the establishment of the mercantile registry in these islands, the provisions of the regula tions were complied with by inscribing in said registry the act establishing the bank, with the later modifications, and the powers of attorney in favor of the agents in this city.

Very respectfully,

GREGORIO ARENETA,
Solicitor-General.

APPENDIX V.

STATEMENT OF SEIZED FUNDS, BY THE TREASURER OF THE PHILIPPINE ARCHIPELAGO.

Statement of coins, bank notes, drafts, deposit warrants, bonds, bank stock, etc., not taken up on the regular books of the treasury, but accounted for to the auditor on separate monthly "returns," on hand June 30, 1901.

1. Funds seized at the Spanish general treasury, being mostly deposits

made as guarantee for government contracts or for services in offi

cial capacity:

Spanish gold coin

Mexican and Spanish-Filipino silver coin

Notes of the Banco Espanol-Filipino, Manila

Certified bearer check ..

*Philippine treasury notes, series B

Spanish treasury bonds..

Philippine treasury bonds, series B.

2. Funds seized at and belonging to the Ayuntamiento of Manila:

$5.00 728.62 1,240.00 671.00 32, 322.00 18,000.00 16, 300.00

Philippine treasury bonds, series B...

Shares of the Banco Espanol-Filipino, Manila.

*Fire department medals in box.

3. Funds received from and belonging to the "Junta Provincial:" Deposit warrants of the Banco Espanol-Filipino, Manila

4. Property seized at the mint, Manila:

2,192 kilos 105 grams damaged silver coins, said to belong to private parties.

13 kilos 90 grams silver dust, said to belong to private parties.

1 kilo 411 grams gold and silver mixed, said to belong to private parties.

153 kilos 853 grams copper ingots, belonging to the mint.

50 kilos 585 grams unfinished silver coins, belonging to the mint.

39 kilos 490 grams bar silver, belonging to the mint.

26 sealed envelopes said to contain sample coins, belonging to the mint.

5. Funds deposited with the treasurer by American officers as "special deposits" awaiting further action as to their disposal, being principally seized and confiscated money and property:

Spanish gold and United States currency.

Mexican and Spanish-Filipino silver coin

Notes of the Banco Espanol-Filipino, Manila

Foreign bank notes...

* Philippine treasury notes.

Certified bearer checks.

Sight drafts in duplicate

Deposit warrant.

Philippine treasury provisional bonds

*Second of exchange drafts

* Cashed drafts....

Package said to contain gold

Two boxes scorched church silver, value unknown.

Sacks containing 61 pounds burned silver.

Sundry jewelry and papers.

7, 700.00 18, 800.00

18,719. 91

1, 717.98 34, 555. 14 6,635.00

3.00 2,739.00 31, 098.52 2,675.00 3,000.00 10, 300.00 47,500.00

175, 021. 23

466.40

I certify that the above is a true statement of all funds and property received by me and not accounted for on the regular books of the treasury up to and including June 30, 1901.

MANILA, P. I., June 30, 1901.

FRANK A. BRANAGAN, Treasurer of the Philippine Archipelago.

Items marked * are without value.

APPENDIX W.

REPORT OF THE AUDITOR TO THE SECRETARY OF FINANCE AND JUSTICE.

DEPARTMENT OF FINANCE AND JUSTICE,

OFFICE OF THE AUDITOR,

Manila, P. I.. October 7 1901.

The SECRETARY OF FINANCE AND JUSTICE.

SIR: I have the honor to acknowledge the receipt of your letter of the 30th ultimo, requesting statements of receipts from all sources and disbursements on behalf of the several bureaus and departments for the fiscal year ending June 30, 1901, and the first quarter of the current fiscal year. In reply I regret to state that it is impossible for the auditor for the archipelago to submit a comprehensive report of the financial transactions of the Philippine government for the fiscal year 1901 at this time, as the audit of the accounts of said fiscal year is not yet completed. The auditor is required by rule 38 of act No. 90 to submit an annual report of the financial transactions of the govern ment "as soon after the close of the fiscal year as the accounts shall have been settled and adjusted," and in compliance with that rule an annual report is in preparation and will be submitted at the earliest practicable date.

The act requiring the auditor to make a comprehensive annual report did not become effective until April 1, 1901, or until the beginning of the final quarter of the fiscal year, and it is now extremely difficult to comply satisfactorily with the requirements of rule 38 because of the methods of keeping and rendering accounts theretofore followed. The disbursements were not made altogether by departments or offices. Each department made disbursements in its own behalf, and the disbursing quartermaster of civil bureaus as well furnished supplies and made additional disbursements in behalf of almost every department of the civil government, without segregation.

When the accounts of the fiscal year are settled and adjusted a summary of each disbursing officer's account will be compiled and included in the annual report to be submitted.

When the accounting bureau was organized in February of this year the settlement of accounts averaged one year in arrears, and under the instructions of the Secretary of War it was made incumbent upon the reorganized office to prepare detailed statements of receipts and disbursements of the government of the archipelago from the beginning of American occupation. It has been impossible in the brief time since February to complete this work. All customs, postal, and internalrevenue accounts, however, have been settled and adjusted to June 30, 1901, and the settlement of the miscellaneous accounts is approaching completion. Detailed statements have been made, as required, from the beginning of American occupation to March 31, 1901. The work

of the office is therefore rapidly becoming current, but until the miscellaneous accounts are all audited and the detailed statements have been completed it will be impracticable to present such a report as you desire. The following statements, which will appear in the annual report, are now submitted for your information:

COMPARATIVE TREASURY STATEMENTS.

For purposes of comparison the auditor's report will present treasury statements by fiscal years from the beginning of American occupation to June 30, 1901, showing receipts by the treasurer from the sources of revenue named, and withdrawals of revenue for disbursement on account of the various branches of the service, as follows: