[Annual Report of the Treasurer of the United States for the Fiscal Year Ended June 30, 1919] [From the U.S. Government Publishing Office, www.gpo.gov] Treasury Department Document No. 2858 Treasurer of the United States CONTENTS. REPORT. T> • PagC- Receipts and disbursements tor 1918 and 1919................................ 7 Panama Canal............................................................. g Extraordinary disbursements..............................ii'' 8 Receipts and disbursements on account of the Post dffice Department..... 9 Transactions in the public debt............................................. 9 Currency issued and redeemed............................................... 10 Public debt 1918 and 1919................................................ 10 Payment of interest on registered bonds of the United States............’ 11 Reserve and trust funds.................................................* n Redemption of notes in gold.............................. State of the Treasury, general fund—cash in the vaults......................12 ♦Net available cash balance, 1910 to 1919.................................. 14 Gold in Treasury from 1910....................................' ’ ’ ’ ’ ’ ” ’ ’ 14 Bonds held as security for national-bank circulation and deposits.. ” ’ ’ ’' ’ * ’ '' 15 Bonds held as security for postal savings funds............................ 16 Postal savings bonds and investments therein............................... 19 Withdrawal of bonds to secure circulation.................................. 19 Depositaries of the United States...........................................20 Public moneys in depositary banks........................................ 20 General account of Treasurer of the United States.......................... 21 Gold settlement fund...................................................... 21 Monetary stock, 1918 and 1919...............................................22 Ratio of gold to total stock of money...................................... 23 Money in circulation....................................................... 23 Circulation and population..................................................23 Paper currency issued directly by the Government........................... 24 United States notes........................................................ 24 Treasury notes of 1890......................................................25 Gold certificates...................................................... ’ 26 Silver certificates........................................................ 26 Changes in denominations during fiscal year 1919........................... 27 Pieces of United States paper currency outstanding......................... 28 Cost of paper currency...'................................................. 28 •Average life of paper currency............................................ 29 Paper currency prepared for issue and amount issued........................ 29 Paper currency held in the reserve vault................................. 30 Paper currency redeemed.................................................... 31 Standard silver dollars.................................................... 32 Subsidiary silver coin................................................... 33 Minor coin................................................................. 34 Transfers for deposit in New York—money for moving the crimps, etc......... 36 Telegraphic transfers for foreign coin..................................... 37 Deposits of gold bullion at mints and assay offices, 1917, 1918, and 1919.. 39 Shipments of currency from Washington, 1918 and 1919....................... 39 Recoinage, 1918 and 1919................................................... 39 Redemption of Federal reserve and national currency........................ 40 Special trust funds and changes therein during the fiscal year............. 41 District of Columbia sinking fund........................................ 42 APPENDIX. No. 1.—Receipts and disbursements for the fiscal year 1919................. 44 No. 2.—Receipts and disbursements on account of the Post Office Department for fiscal year 1919................................................ 44 No. 3.—Distribution of the General Treasury balance June 30, 1919.......... 44 No. 4.—Assets and liabilities of the Treasury offices, June 30, 1919....... 45 No. 5.—Assets of the Treasury in the custody of mints and assay offices, June 30, 1919................................................................... 46 3 4 CONTENTS. Page. No. 6.—General distribution of the assets and liabilities of the Treasury. 47 No. 7.—Available assets and net liabilities of the Treasury at the close of June 1918 and 1919.......................................... ......:............. 48 No. 8.—Assets and liabilities of the Treasury in excess of certificates and Treasury notes at the close of June, 1918 and 1919........................... 49 No. 9.—Estimated stock of gold coin and bullion, the amount in the Treasury, and the amount in circulation at the end of each month, from January, 1913.................................................................. 49 No. 10.—Estimated stock of silver coin, the amount in the Treasury, and the amount in circulation at the end of each month, from January, 1913. Also silver, other than stock, held in the Treasury.......................... 54 No. 11.—United States notes, Treasury notes, Federal reserve notes, and national-bank notes outstanding, in the Treasury, and in circulation at the end of each month, from January, 1913................................. 58 No. 12.—Gold certificates and silver certificates outstanding, in the Treasury, and in circulation at the end of each month, from January, 1913.... 62 No. 13.—Estimated stock of all kinds of money at the end of each month, from January, 1913............................................- -................ 68 No. 14.—Estimated amount of all kinds of money in circulation at the end of each month, from January, 1913............................................ 69 No. 15.—Assets of the Treasury other than gold, silver, notes, and certificates at the end of each month, from January, 1913.......................-......... 70 No- 16.—Assets of the Treasury at the end of each month, from January, 1913.. 71 No- 17.—Liabilities of the Treasury at the end of each month, from January, 1913........................................................................ 72 No- 18.—United States notes of each denomination issued, redeemed, and outstanding at the close of each fiscal year, from 1912........................ 73 No. 19.—Treasury notes of 1890 of each denomination issued, redeemed, and outstanding at the close of each fiscal year, from 1913...................... 75 No- 20.—Gold certificates of each denomination issued, redeemed, and outstanding at the close of each fiscal year, from 1914........................ 76 No- 21.—Silver certificates of each denomination issued, redeemed, and outstanding at the close of each fiscal year, from 1914....................... 77 No. 22.—Amount of United States notes, Treasury notes, gold and silver certificates of each denomination issued, redeemed, and outstanding at the close of each fiscal year, from 1912......................_........... 78 No- 23.—Amount of paper currency of each denomination outstanding at the close of each fiscal year, from 1912......................................... 80 No- 24.—Old demand notes of each denomination issued, redeemed, and outstanding June 30, 1919........................................-.............. 82 No- 25.—Fractional currency of each denomination issued, redeemed, and outstanding June 30, 1919..................................... -.......... 82 No. 26.—Compound-interest notes of each denomination issued, redeemed, and outstanding June 30, 1919................................................ 82 No. 27.—One and two year notes of each denomination issued, redeemed, and outstanding June 30, 1919.................................................. 82. No- 28.—United States paper currency of each class, together with one and two year nctes and compound-interest notes issued, redeemed, and outstanding June 30, 1919............................-............ - - - 83 No. 29.—United States notes and Treasury notes redeemed in gold, from 1879, and imports and exports of gold during each fiscal year, from 1901.. 83 No. 30.—Treasury notes of 1890 retired by redemption in silver dollars, and outstanding, together with the silver in the Treasury purchased by such notes, for each month, from January, 1913. .................. — — 84 No. 31.—Transactions between the Subtreasury and clearing house in New York during each month, from January, 1913............-......— 85 No. 32.—Amount of each kind of money used in settlement of clearing-house balances against the Subtreasury in New York during each month, from January, 1913.......................................................• 86 No. 33.—Balance in the Treasury, amount in Treasury offices and amount in depositary banks, from 1789 to 1919....................................... 87 No. 34.—Federal reserve and national banks designated depositaries of public moneys, with the balance held June 30, 1919............................... 89 No. 35.—Number of national banks with semiannual, duty levied, by fiscal years, and number of depositaries with bonds as security, by fiscal years........................................................................ 99 CONTENTS. 5 Page. No. 36.—United States bonds retired, from May, 1869, to June 30, 1919...... 99 No. 37.—Seven-thirty notes issued, redeemed, and outstanding June 30, 1919. 100 No. 38.—Refunding certificates, act of February 26, 1879, issued, redeemed, and outstanding........................................................... 100 No. 39.-—Checks issued by the Treasurer for interest on registered bonds during the fiscal year 1919...................................................... 100 No. 40.—Interest on 3.65 per cent bonds of the District of Columbia paid during the fiscal year 1919.................................................. 100 No. 41.—-Coupons from United States bonds and interest notes paid during the fiscal year 1919, classified by loans................................. 101 No. 42.-—Bonds and other securities retired for the sinking fund during the fiscal year 1919, and total from May, 1869................................ 101 No. 43.—Public debt at the close of June, 1918 and 1919, and changes during the year.................................................................. 102 No. 44.—Public debt, exclusive of certificates and Treasury notes, at the end of each month, from January, 1913........................-................ 103 No. 45.—-Checks drawn by the Secretary and paid by the Treasurer for interest on registered bonds of the United States during the fiscal year 1919. 104 No. 46.—Money deposited in the Treasury each month of the fiscal year 1919 for the redemption of national-bank notes................................. 101 No. 47.—-Amount of currency counted into the cash of the National Bank Redemption Agency and redeemed notes delivered, by fiscal years, from 1900..................................Z...............’.............. 105 No. 48.—-Currency received for redemption by the National Bank Redemption Agency from the principal cities and other places, by fiscal years, from 1900, in thousands of dollars........................................ 106 No. 49.—-Mode of payment for currency redeemed at the National Bank Redemption Agency, by fiscal years, from 1900............................... 106 No. 50.—-Deposits, redemptions, assessments for expenses, and transfers and repayments on account of the 5 per cent redemption fund of national banks, by fiscal years, from 1900.................................. 106 No. 51.—Deposits, redemptions, and transfers and repayments on account of the retirement of circulation, by fiscal years, from 1900................. 107 No. 52.—Expenses incurred in the redemption of national and Federal reserve currency, by fiscal years, from 1900.....................;................ 108 No. 53.-—General cash account of the National Bank Redemption Agency for the fiscal year 1919 and from July 1, 1874...................... 109 No. 54.—Average amount of national-bank notes outstanding and the redemption, by fiscal years, from 1875 (the first year of the agency).......... 109 No. 55.—Changes during the fiscal year 1919 in the force employed in the Treasurer’s office............................................................. 109 REPORT OF THE TREASURER OF THE UNITED STATES. Treasury of the United States, Washington, October 15, 1919. Sir: The transactions of the Treasury of the United States for the fiscal year ended June 30, 1919, and its condition at the close of the year are presented in the following report. The ordinary receipts and disbursements, by warrants, classified for the past two years, are compared in the table following: Ordinary receipts and disbursements for the fiscal years 1918 and 1919. Account. 1918 1919 Increase. Decrease. RECEIPTS. Customs Internal revenue: Ordinary Income and excess profits taxes Lands Miscellaneous Receipts of the District of Columbia Total Deduct moneys covered by warrant in the year subsequent to the deposit thereof Total A dd moneys received in fiscal year but not covered by warrant Net available DISBURSEMENTS. Legislative Executive, proper State Department Treasury Department, proper Public buildings War Department, proper Navy Department, civil Interior Department, civil Post Office Department, proper... Postal deficiencies Department of Agriculture Department of Commerce Department of Labor Department of Justice Federal control of transportation systems War Finance Corporation United States Shipping Board.... Other independent offices and commissions District of Columbia Total civil and miscellaneous Military Establishment, proper... Rivers and harbors Naval Establishment, proper Indian Service. Pensions Interest on the public debt Deduct repayments received in fiscal year but not covered by warrant Add repayments covered by warrant in year subsequent to the deposit thereof Total ordinary disbursements Excess of pay warrants drawn.... $182,758,988.71 857,043,590.53 2,838,999,894.28 1,969,455.31 280,903,071.46 10,960,828.17 $183,428,624.78 1,239,468,260.01 2,600,762,734.84 1,404,705.12 610,867,285.88 11,575,535.25 $669,636.07 382,424,669.48 329,964,214.42 614,707.08 $238,237,159.44 564,750.19 4,172,635,828.46 264,029.43 4,647,507,145.88 1,638,786.71 713,673,227.05 238,801,909.63 1,374,757.28 4,172,371,799.03 1,638,786.71 4,645,868,359.17 1,735,493.29 713,673,227.05 96,706.58 240,176,666.91 4,174,010,585.74 4,647,603,852.46 473,593,266.72 16,042,052.69 9,822,595.51 10,709,278.58 163,677,075.70 18,170,930.16 18,233,466.75 1,834,613.77 35,271,820.52 1,934,320.44 2,221,094.54 46,759,461.46 13,301,156.49 5,916,881.45 13,232,380.79 150,000,000.00 55,000,000.00 862,026,889.34 68,807,052.35 14,406,410.75 16,605,836.15 21,497,674.97 20,248,594.49 279,730,439.58 10,184,242.67 20,162,504.50 9,773,378.04 29,120,861.52 2,062,433.96 343,511,15 36,888,371.28 15,668,534.14 13,290,490.61 15,216,025.43 349,238,385.21 295,000,000.00 1,871,201,577.51 208,091,953.00 16,565,433.74 563,783.46 11,675,079.46 9,539,315.91 116,053,363.88 1,929,037.75 7,938,764.27 128,113.52 2,367,377.65 7,373,609.16 1,983,644.64 199,238,385.21 240,000,000.00 1,009,174,688.17 139,284,900.65 2,159,022.99 1,749,409/086.72 3,565,226,036.34 3,484,724.43 640,629,594.69 3,704,856.66 40,477,027.32 418,340,728.96 7,986,687.49 6,150,959.00 1,877,583.39 9,871,090.18 1,507,367,481.29 5,654,755,041.79 29,593,581.89 1,368,642,793.84 30,888,400.03 181,137,754.12 197,526,608.36 3,230,890,247.95 9,219,981,078.13 33,078,306.32 2,009,272,388.53 34,593,256.69 221,614,781.44 615,867,337.32 25,886,320.06 8,969,911,661.32 3,511,456.20 15,365,297,396.38 3,446,110.82 6,421,272,055.12 65,345.38 25,886,320.06 8,966,400,205.12 132,060.91 15,361,851,285.56 3,511,456.20 6,421,337,400.50 3,379,395.29 25,886,320.06 8,966,532,266.03 15,365,362,741.76 6,398,830,475.73 4,792,521,680.29 10,717,758,889.30 1 8 REPORT OF THE TREASURER OF THE UNITED STATES. The total ordinary receipts and disbursements for the past 14 years are set forth in the statement following: Fiscal year. Receipts. Disbursements. Surplus. Deficit. 1906 $594,717,942.32 663,125,659.92 601,060,723.27 603,589,489.84 675,511,715.02 701,372,374.99 691,778,465.37 724,111,229.84 734,673,166.71 692,484,445.12 779,664,552.49 1,118,174,126.43 4,174,010,585.74 4,647,603,852.46 $549,405,425.35 551,705,129.04 621,102,390.64 662,324,444.77 659,705,391.08 654,137,997.89 654,553,963.47 682,770,705.51 700,254,489.71 730,103,591.80 724,492,998.90 1,147,898,991.16 8,966,532,266.03 15,365,362,741.76 $45,312,516.97 111,420,530.88 1907 1908 $20,041,676.37 58,734,954.93 1909 1910 15,806,323.94 47,234,377.10 37,224,501.90 41,340,524.33 34,418,677.00 1911 1912 1013 1914 1915 37,619,146.68 1916 55,171,553.59 1917 29,724,864.75 4,792,521,680.29 10,717,758,889.30 1918 1919 The foregoing details of receipts and disbursements show that maximums were attained during the year in the ordinary revenues as well as in disbursements. THE PANAMA CANAL. During the fiscal year 1919 the receipts from the Panama Canal were $6,777,046.55, while the disbursements amounted to $12,265,775.08. The net excess of disbursements was $5,488,728.53, which was paid out of the general fund of the Treasury. The amount expended on account of the canal and the proceeds from sales of bonds to the close of the fiscal year 1919 may be observed in the statement following: Receipts and disbursements on account of the Panama Canal. Total amount expended. Deduct amount not reimbursable. Net amount reimbursable. Receipts from tolls, etc. To June 30, 1914.............. Fiscal year 1915.............. Fiscal year 1916.............. Fiscal year 1917.............. Fiscal year 1918.............. Fiscal year 1919............. Total................... Deduct proceeds of bonds sold $353,066,502.05 29,187,947. 60 17, 504, 728. 07 19,262, 798.32 20,787,624. 92 12,265,775.08 452,075,376. 04 $16,607,262. 85 7,574,681.30 8,265,164.38 11,413,623.06 20,787,624.92 12,265,775. 08 76,914,131.59 $336,459,239. 20 21,613,266.30 9,239, 563. 69 7,849,175. 26 $4,130,215.15 2,869,995.28 6,150,668. 59 6,414,570. 25 6,777,046. 55 375,161,244.45 138, 600,869.02 Net balance expended out of the general fund of the Treasury reimbursable from the proceeds of bonds not yet sold.... Expenditures from the general fund reimbursable by bonds under the act of Sept. 24, 1917...................... 236,560,375.43 225,000,000.00 .............. EXTRAORDINARY DISBURSEMENTS. During the fiscal year 1919 extraordinary disbursements of public moneys were made under provisions of law as follows: Purchase of obligations of foreign governments engaged in war with the enemies of the United States....................$3, 477, 850, 265. 50 Purchase of Federal farm loan bonds.......................... 96, 662, 398. 59 Total 3, 574, 512, 664. 15 REPORT OF THE TREASURER OF THE UNITED STATES. 9 RECEIPTS AND DISBURSEMENTS ON ACCOUNT OF THE POST OFFICE DEPARTMENT. The Postmaster General has exclusive control of the receipts and disbursements of the Post Office Department. During the fiscal year 1919 the postal receipts deposited in the Treasury and credited to the Post Office Department were $238,319,274.41; other receipts to the amount of $287,443,724.42 were received and disbursed directly by postmasters without being deposited in the Treasury. Such disbursements are authorized by existing law and are accounted for under the provisions of section 406 of the Revised Statutes of the United States. All Post Office Department warrants are issued by the Postmaster General on the Treasurer of the United States, and under department regulations they are also payable by any assistant treasurer, Federal reserve bank, or regular national-bank depositary of the United States. A statement of the transactions relating to the account for the service of the Post Office Department with the Treasury during the fiscal year 1919 may be studied on page 44 of this report. TRANSACTIONS IN THE PUBLIC DEBT. The transactions affecting the principal of the public debt during the fiscal years 1918 and 1919 are compared in the statement following: Receipts and disbursements on account of the public debt for 1918 and 1919. Account. 1918 1919 Increase Decrease. RECEIPTS. Postal savings bonds Lawful money to retire nationalbank notes 1-year Treasury notes Certificates of indebtedness United States bonds: First Liberty loan Second Liberty loan Third Liberty loan Fourth Liberty loan Victory notes War savings and thrift stamps.. Total DISBURSEMENTS. United States bonds matured’ and retired Fractional currency retired 1-year Treasury notes retired .... Certificates of indebtedness retired National-bank notes retired United States bonds purchased and retired War savings stamps purchased and retired Total Excess of receipts $1,020,940. 00 10,279,650. 00 19,150,000.00 9,017,648,500. 00 523,112,200.01 3,807,863,516. 00 3,243,045,138.47 352,769,265.13 $289,260.00 22,644,757.50 16,955,327,890. 00 8,485.38 2,404.00 932,106,419. 03 6,959,504,587.00 3,467,844,971. 77 738,247,741.07 $12,365,107.50 7,937,679,390. 00 6,959,504,587.00 3,467,844,971. 77 385,478,475.94 $731,680. 00 19,150,000.00 523,103,714. 63 3,807,861,112.00 2,310,938,719.44 16,974,889,209. 61 29,075,976,515. 75 12,101,087,306.14 19,220. 00 1,430.33 27,362,000.00 7,578,271,732.00 21,611,225.00 76,641, 500. 00 2,971,967.80 63,094,640.00 1,823. 00 19,150,000. 00 15,046,532,900.00 23, 717,892. 50 551,021,150.00 134,047,603. 63 63,075,420. 00 392. 67 7,468,261,168.00 2,106,667. 50 474,379, 650.00 131,075,635. 83 8, 212,000. 00 7,706, 879,075.13 15,837,566,009.13’ 8,130,686,934.00 9,268,010,134. 48 13,238,410,506. 62 10 REPORT OF THE TREASURER OF THE UNITED STATES. UNITED STATES PAPER CURRENCY ISSUED AND REDEEMED. The paper currency issued under the direct authority of the Government during the fiscal year 1919 amounted to $350,138,000, a decrease of $401,406,000 as compared with that of 1918, while the redemptions amounted to $789,735,000, a decrease of $355,428,000 for like period. The net excess of redemptions over issues was $439,597,000. The amount of each kind of paper currency issued and redeemed during the fiscal year 1919 is stated in the table following: United States notes. Trust-fund obligations. Total. Treasury notes of 1890. Gold certificates. Silver certificates. Outstanding June 30,1918 Issued during fiscal year 1919 Redeemed during fiscal year 1919.... Outstanding June 30, 1919 Less amount held in Treasury Net amount in circulation $346,681,016 243,404,000 $1,858,000 $1,784,480,669 13,870,000 $409,215,000 92,864,000 $2,542,234,685 350,138,000 590,085,016 243,404,000 1,858,000 104,000 1,798,350, 669 248,091,000 502,079,000 298,136,000 2,892,372,685 789,735,000 346,681,016 13,818,465 1,754,000 8,839 1,550,259,669 814,480,178 203,943,000 34,794,705 2,102,637,685 863,102,187 332,862,551 1,745,161 735,779,491 169,148,295 1,239,535,498 In a study of the foregoing table it will be observed that the United States notes issued and credited in the general account as a receipt are offset by an equal amount of worn or unfit notes in kind withdrawn therefrom, canceled, and retired, which is in accordance with the provisions of the act of May 31, 1878. In explanation of the manner of issuing and redeeming gold certificates, silver certificates, and Treasury notes of 1890, it may be said that for certificates issued and credited in the general account an equal amount of the respective kinds of money held in the general account is transferred therefrom to, and retained in, the trust funds for their redemption; for gold certificates, silver certificates, and Treasury notes withdrawn from the general fund, canceled, and retired, a like amount of the respective coins is released from the trust funds and brought into the general fund in their stead. THE PUBLIC DEBT, 1918 AND 1919. The principal of the interest-bearing debt at the close of the fiscal year 1919 was $25,234,496,273.54, an increase of $13,248,613,837.12 as compared with that of 12 months earlier. The debt bearing no interest amounted to $400,517,170.58, a decrease of $10,208,138.00. REPORT OF THE TREASURER OF THE UNITED STATES. 11 The public debt, by items, for the fiscal years 1918 and 1919 is compared in the statement following: Title of loan. Rate. When payable. Outstanding June 30,1918. Outstanding June 30,1919. Interest-bearing debt: Consols of 1930 Loan of 1908-1918 Loan of 1925 Panama Canal loan Do Conversion bonds 1-year Treasury notes Postal-savings bonds Certificates of indebtedness First Liberty loan First Liberty loan converted... First Liberty loan converted... Second Liberty loan Second Liberty loan converted. Third Liberty loan Fourth Liberty loan Per ct. 2 3 4 2 3 3 3 24 (2) 34 4 41 4 41 41 41 4f 4 After Apr. 1, 1930 After Aug. 1,1918 Feb. 1, 1925 Aug. 1, 1936 June 1, 1961 30 years from date of issue. 1 year from date of issue. 20 years from date of issue. Various dates June 15, 1947 do 8599,724,050.00 63,945,460.00 118,489,900.00 74,901,580. 00 50,000,000.00 28,894,500. 00 19,150,000. 00 11,060,700.00 1,706,204,500.00 1,988,791,294. 62 8599,724,050.00 (D 118,489,900.00 74,901,580.00 50,000,000.00 28,894,500.00 (*) 11,349,960.00 3,624,983,490.00 1,410,071,600.00 167,792,750.00 406,932,150.00 704,204,350.00 2,862,252,250.00 3,958,552,700.00 6,794,504,587.00 3,467,844,971.77 953,997,434.77 do Nov. 15, 1942 do 3,746,813,516.00 Sept. 15, 1928 Oct. 15, 1938 3,228,109,638.47 Victory Liberty loan War savings arid thrift stamps.. Total Jan. 1, 1923 and 1924. 349,797,297.33 11,985,882,436.42 25,234,496,273.54 Debt bearing no interest: Matured loans On demand.. 20,242,550.26 53,012.50 346,681,016.00 36,903,592.00 6,845,137. 82 11,109,370.26 53,012.50 346,681,016.00 35,830,457.00 6,843,314.82 Old demand notes ....do United States notes ....do National-bank notes do Fractional currency do Total 410,725,308. 58 400,517,170.58 Aggregate 12,396,607,745.00 25,635,013,444.12 1 Matured. 2 Various. PAYMENT OF INTEREST ON THE REGISTERED BONDS OF THE UNITED STATES. The interest on registered bonds of the United States is paid by checks prepared and mailed from the office of the Secretary of the Treasury. Such checks bear a certificate as to the principal of bonds registered in the name of the payee, over the facsimile signature of the Chief of the Division of Loans and Currency; they also bear the facsimile signature of the Secretary of the Treasury, and are countersigned by a clerk in his office. These checks are drawn on the Treasurer of the United States, but are payable by any assistant treasurer, Federal reserve bank, or regular national bank depositary of the United States, and the amount so disbursed is included in the requisition for reimbursement made by the Treasurer at the end of each month. The paid checks are sent to the Register of the Treasury for an administrative examination, who in turn forwards them to the Auditor for the Treasury Department. There were 3,930,975 checks drawn during the fiscal year 1919, amounting to $90,646,232.17. • THE RESERVE FUND. The redemptions from the reserve fund during the fiscal year 1919 were, in United States notes, $1,506,000. The redeemed notes were, under the provisions of the act of March 14, 1900, immediately exchanged for gold, and thereby the reserve was maintained in volume and character. 12 REPORT OF THE TREASURER OF THE UNITED STATES. STATEMENT OF THE TREASURER OF THE UNITED STATES. At the close of the fiscal year 1919 the Treasury holdings of moneys amounted to $4,862,724,110.09, and from the revised figures of the several funds it was set apart as follows: RESERVE FUND. Gold coin and bullion....................................... $152, 979, 025. 63 TRUST FUNDS. [Held for redemption of the notes and certificates for which they are respectively pledged.] Gold coin and bullion... Silver dollars Silver dollars of 1890 .. $735,779,491 .. 169,148, 295 1,745,161 Gold certificates standing Less amount in Treasury . out- the $1, 550, 259, 669 814, 480,178 Net Silver certificates outstanding Less amount in the Treasury Net Treasury notes (1890) outstanding Less amount in the Treasury. Net 735,779, 491 203, 943, 000 34, 794, 705 169,148, 295 1, 754, 000 8, 839 1, 745,161 Total .. 906, 672, 947 Total 906, 672, 947 GOLD SETTLEMENT FUND, FEDERAL RESERVE BOARD. Gold coin and bullion...................................A........ $1, 416, 086, 099. 10 The items composing the general fund are subdivided; the first part shows the amount of each kind of available cash actually held in the vaults of Treasury offices, after setting out from the assets the appropriate kinds of money to meet the requirements of the reserve fund, trust funds, and gold settlement fund, followed by the amounts of public moneys in Federal reserve banks, national banks, and other depositaries to the credit of the Treasurer of the United States and of disbursing officers; the second part shows the current demands against the same, and finally the net balance in the general fund The assets in the general fund of the Treasury on June 30, 1919, and the demand liabilities outstanding on that date were as follows: In Treasury offices: Gold coin............................................. Standard silver dollars___________________________ United States notes............................... Federal reserve notes............................. Federal reserve bank notes........................ National-bank notes............................... Certified chocks on banks......................... Subsidiary silver coin............................ Minor coin........................................ Silver bullion (at cost).......................... Unclassified (unassorted currency, etc.).......... Public debt obligations paid, awaiting reimbursement $211,596,388.87 56,497,779.00 13,818,465.00 44,227,987.50 24,421,249.50 47,161,186.43 155,953,84 10,983,939.20 892,802.67 16,423,918.22 3,490,532.19 425,940.50 ---------------- $430,096,142.92 REPORT OF THE TREASURER OF THE UNITED STATES. 13 In Federal land banks... In Federal reserve banks. In transit............ $55,300,485.16 30,172,896.09 $500,000.00 In special depositaries: Account of sales of certificates of indebtedness and V ictory notes. In national-bank depositaries: To credit of Treasurer of the United States................... To credit of other Government officers........................ In transit.................................................... 85,473,381.25 905,411,514.76 41,123,406.30 11,276,533.88 9,148,927.09 In foreign depositaries: To credit of Treasurer of the United States In treasury of Philippine Islands: To credit of treasurer of the United States. To credit of other Government officers.... 61,548,867.27 22,885,165.93 7,758,105.57 1,555,333.91 9,313,439.48 Deduct current liabilities: National-bank note 5 per cent fund............................. Less notes in process of redemption........................ Treasurer’s cheeks outstanding............................. Post Office Department balances............................ Board of trustees, Postal Savings System balance........... Balances to credit of postmasters, etc..................... Undistributed assets of insolvent national banks........... Deposits for— Redemption of Federal reserve notes.................... Redemption of Federal reserve bank notes..... ....... Retirement of additional circulating notes (act of May 30, 1908)..........;........... -.................... Miscellaneous redemption accounts...................... Balance in treasury 1,515,228,511.61 22,473,804.75 22,473,804.75 605,856.76 17,051,943.10 7,743.397.88 21,482i001.63 1,236,360.25 205,230,742.20 9,534,850.00 275,100.00 25,903,324.53 —-------------- 289,063,576.35 .............. 1,226,164,935.26 During the fiscal year 1919 the pay warrants drawn were $1,059,-349,775.36 in excess of the receipts. This excess is verified by the net results in all accounts of receipts and pay warrants drawn stated on previous pages of this report, which are brought together here: Add: Excess of public debt receipts over dis-bursements for 1919 (see p. 9)........... $13, 238, 410, 506. 6k Deduct: Excess of ordinary disbursements over ordinary receipts for 1919 (see p. 7). ..... $10, 717, 758, 889. 30 Extraordinary disbursements for 1918 (see p. 8).......- Excess of Panama Canal disbursements over receipts for 1919 (see p. 8).. 3, 574, 512, 664. 15 5, 488, 728. 53 -------------— 14, 297, 760, 281. 98 Excess of pay warrants drawn 1, 059, 349, 775. 36 14 REPORT OF THE TREASURER OF THE UNITED STATES. The balance in the Treasury at the end of each month from January, 1912, is stated in Table No. 17, page 72, of the appendix, and for July 1 in each year since 1910 in the statement following: Avaivable cash balance (including the reserve fund') on the dates named. Dates. Available cash balance. Reserve fund. General fund. Total. July 1,1910 8150,000,000.00 $106,894,675.67 $256,894,675.67 July L 1911 150 000,000.00 140^176^ 926.13 290 176,926.13 July 1,1912 150,000,000.00 167,152,478.99 317,152,478.99 July 1,1913 150,000,000.00 16o'960; 984.79 315^ 960^ 984.79 July 1,1914 150 000^ 000.00 16 L 612^615.53 311,612'615.53 July 1,1915 152’ 977,’036.63 104,170,105.78 257,147,142.41 July 1,1916 152’, 979' 025.63 178,491,415.58 331370'441.21 July 1, 1917 152' 979' 025.63 967,247^123.48 1,120' 226', 149.11 July 1,1918 152,979,025.63 11,684,929,580.21 11,837,908,605.84 July 1,1919 152'979'025.(53 11'226,164,935.26 11’379; 143,’960.8 9 1 Including credits to disbursing officers. GOLD IN THE TREASURY. At ttio beginning of the fiscal year 1919 the gold in the Treasury amounted to $2,479,954,967.09. There was a noticeable monthly increase thereafter until May 15, when the Treasury holdings of the precious metal attained a maximum at $2,569,059,633.48. The embargo established over the movement of gold on September 7, 1917, was modified by the Federal Reserve Board on June 9, 1919, and soon thereafter began a moderate movement of gold out of the United States. By the close of the fiscal year on June 30, 1919, the Treasury holdings became $2,516,441,004.60. The imports of gold during the fiscal year 1919 were $62,363,733, the exports $116,575,535, and the excess of exports $54,211,802. The total amount of gold in the Treasury on July 1 in each year from 1910, set apart for the respective uses, is shown in the statement annexed: Gold in the Treasury. Dates. Reserve. For certificates in circulation. Gold settlement fund, Federal Reserve Board. General fund (belonging to Treasury). Total. July 1, 1910.... $150,000,000.00 $802,754,199.00 $92,411,286.24 $1,045,165,485.24 July 1, 1911.... 150300; 000.00 930;367;929.00 83; 533; 254.56 1,163; 90i; 183.56 July lj1912.... 150', 000; 000.00 943; 435; 618.00 114', 028; 646.22 1,207,464,264.22 July 1,1913.... 150,000; 000.00 1,003,997,709.00 108,363,326.87 1,262,361,035.87 July 1,1914.... 150,000,000.00 i;026', 149; 139.00 102,962,970.70 i; 279', 112; 109.70 July 1,1915.... 152,977,036.63 1,135,213,619.00 94,769,333.55 1,382,959,989.18 July 1,1916.... 152; 979; 025.63 1,565,400,289.00 85,114,618.20 1,803,493,932.83 July 1, 1917.... 152; 979', 025.63 1,584; 235,909.00 $526,295,000.00 61,962,101.24 2,325,472,035.87 July 1,1918.... 152,979,025.63 1,026,631,669.00 1,205,082,010.00 95,262,262.46 2,479,954,967.09 July 1,1919.... 152,979,025.63 735,779,491.00 1,416,086,099.10 211,596,388.87 2,516,441,004.60 REPORT OF THE TREASURER OF THE UNITED STATES. 15 BONDS HELD AS SECURITY FOR NATIONAL BANKS. The Treasurer of the United States held in trust at the close of the fiscal year 1919 United States bonds to the amount of $692,252,950 as security for the circulating notes of national banks. The securities pledged for the safe-keeping of public deposits in the depositary banks amounted to $53,720,400. The kinds of bonds in the custody of the Treasurer and the changes therein during the fiscal year 1919 are recorded in the statements following: Bonds held for national banks, close of June, 1918 and 1919, and changes during 1919 Kind of bonds. TO SECURE CIRCULATION. United States loan of 1925.................. United States loan of 1908-18............... Consols of 1930............................. Panama Canal of 1916-36..................... Panama Canal of 1918-38..................... Total................................. TO SECURE PUBLIC DEPOSITS. Held by the Treasurer of the United States: First Liberty loan of 1932-47............... Second Liberty loan 1927-42.............. Third Liberty loan of 1928............... Fourth Liberty loan 1933-38.............. Victory Liberty loan 4j per cent notes... First Liberty loan converted............. First Liberty loan converted............. Second Liberty loan converted............ Certificates of indebtedness............. United States loan of 1925............... United States loan 1908-18............... United States consols of 1930............ Panama Canal loan of 1916-36............. Panama Canal loan of 1918-38............. Panama Canal loan of 1961................ United States conversions................ Farm loan bonds.......................... Philippine loans......................... Porto Rico loans......................... District of Columbia..................... War Finance Corporation.................. Hawaii loans............................. Philippine Railway....................... Manila Railway........................... Miscellaneous............................ Total................................. Rate. Held June 30, 1918. Transactions during 1919. Held June 30,1919. Deposited. Withdrawn. Per ct. 4 3 2 2 2 3J 4 41 41 41 4 41 41 41 4 3 2 2 2 3 3 4 4 4 3. 65 5 (9 4 4 (9 843,825,600 16,472,020 557,938,350 47,29y,060 24,849,120 814,486,050 82,629,350 16,472,020 14,274,700 3,096,260 329,760 855,682,300 20,239,700 3,405,580 539,560 563,903,350 47,608,380 25,058,920 690,384,150 38,670,890 36,802,090 692,252,950 2,010,450 6,704,750 2,186,050 752,950 2,190,750 4,768,350 3,428,650 195,500 335,950 1,797,700 11,669,100 2,040,000 3,000 3,000 189,000 5,000 115,000 32,000 1,100,000 585,950 8,594,600 808,500 56,000 2,177,450 300,900 6,145,900 3,372,650 195,500 267,850 1,563,700 10,892,100 970,000 980,000 10,000 5,871,850 462,000 265,000 9,460,500 740,000 30,000 3,747,000 1,033,000 180,000 1,100,000 957,000 196,000 10,000 2,792,000 1,531,700 35,000 1,522,500 2,867,000 7,361,350 611,000 381,000 10,470,000 735,000 230,000 4,142,000 1,148,000 330,000 1,599,800 234,000 777,000 1,105,000 545,500 2,857,000 1,492,500 149,000 116,000 1,198,500 315,000 427,000 115,000 150,000 1,082,000 196,000 10,000 6,790,900 125,000 204,000 4,202,900 50,344,700 28,829,950 25,454,250 53,720,400 1 Various. BONDS HELD TO SECURE CIRCULATION ISSUED BY FEDERAL RESERVE BANKS. Bonds heldfor Federal reserve banks., close of June,1918 and 1919, and changes during 1919 Kind of bonds. Held June 30, 1918. Transactions during 1919. Held June 30, 1919. Deposited. Withdrawn. United States loan of 1925 United States consuls of 1930 United States Canal loan of 1916-36 United States Canal loan of 1918-38 United States 1-year Treasury notes United States 1 per cent special certificates of indebtedness 8825,000 14,137,250 304,500 156,000 2,874,000 81,768,000 500 100,000 129,300 12,197,000 178,723,000 88,750 15,071,000 82,593,000 14,129,000 404,500 285,300 178,723,000 Total 18,296,750 192,917,800 15,079,750 196,131,800 16 REPORT OF THE TREASURER OF THE UNITED STATES. BONDS HELD AS SECURITY FOR POSTAL SAVINGS FUNDS The Treasurer of the United States, under the provisions of the act of June 25, 1910, held in trust at the close of the fiscal year 1919, bonds and securities amounting to $206,830,439.48 as security for postal savings funds deposited in designated depositaries. The kinds of bonds held and the changes therein during the fiscal year 1919 are recorded in the statement following: Bonds held as security for postal savings funds, close of June, 1918 and 1919, and changes duiring 1919. Kind of bonds. Rate. Held June 30, 1918. Transactions during 1919. Held June 30, 1919. Deposited. Withdrawn. United States first Liberty loan Per ct. 34 4 4i 41 3! 41 41 41 4 41 (*) 4 3 2 3 2 2 3 21 4 4 3.65 (D G) 0) (l) (D C1) 5 5 $7,087,400.00 8,389,600.00 1,766,500.00 $4,981,900.00 2,130,050.00 13,890,550.00 8,142,150.00 362,500.00 744,000.00 3,716,500.00 22,237,550.00 282,350.00 6,100.00 7,745,000.00 8,000.00 $4,944,700.00 9,528,850.00 2,401,650.00 520,450.00 $7,124,600.00 990,800.00 13,255,400.00 7,621,700.00 362,500.00 744,000.00 3,617,400.00 19,604,200.00 707,050.00 6,100.00 849,000.00 262,900.00 2,500.00 911,200.00 3,298,400.00 78,000.00 64,500.00 339,000.00 1,200.00 5,223,000.00 1,872,000.00 90,500.00 1,418,600.00 25,776,350.00 78,327,251.73 16,669,478.75 15,613,809.00 427,000.00 17,000.00 1,555,000.00 United States second Liberty loan United States third Liberty loan United States fourth Liberty loan . United States Victory Liberty loan.... United States Victory Liberty loan.... United States 4’ per cent first Liberty loan converted 99,100.00 2,633,350.00 2,720,800.00 United States 4| per cent second Liberty loan converted United States 4 per cent first Liberty loan converted... ... 3,145,500.00 United States 4j per cent first Liberty loan, second converted.. United States certificates of indebted- ness 62.000.00 595,900.00 847,220.00 1,080,600.00 3,464,600.00 130,500.00 64,500.00 319,000.00 1,000.00 4,352,000.00 2,044,000.00 91,500.00 1,535,600.00 27,605,350.00 90,454,091.71 18,712,155.55 17,695,729.00 397,000.00 1,000.00 6,958,000.00 341,000.00 844,720.00 179,400.00 220,000.00 53,500.00 United States loan of 1925 United States loan of 1908-1918.. . United States consols of 1930 10,000.00 53,800.00 1,000.00 United States Canal loan of 1961 United States Canal loan of 1916-1936... United States Canal loan of 1918-1838... United States 3 per cent conversions... United States postal savings 20,000.00 200.00 1,845,000.00 27,000.00 Philippine loans. 974,000.00 199,000.00 1,000.00 152,000.00 4,809,000.00 18,801,839.98 2,842,676.80 3,124,420.00 10,000.00 Porto Rico loans. District of Columbia. Territory of Hawaii 35,000.00 2,980,000.00 6,675,000.00 800,000.00 1,042,500.00 40,000.00 16,000.00 1,555,000.00 State loans Municipal loans County loans Miscellaneous.. .. Federalland bank farm loans Federal land bank farm loans joint stock.. War Finance Corporation Totals 189,862,746. 26 79,347,140.00 62,359,456.78 206,830,439.48 1 Various. The board of trustee of the Postal Savings System will accept as security for postal savings deposits, at the respective values herein fixed, negotiable interest-bearing bonds or securities of the following classes, viz: (a) Bonds and interest-bearing certificates of indebtedness of the United States, bonds of the Philippine Islands, of the District of Columbia, and of Porto Rico, and Farm-Loan bonds authorized by act of Congress approved July 17, 1916 (39 Stat., 360), will be accepted at their par value. (6) Bonds of any State of the United States and of the Territory of Hawaii will be accepted at their market value, but if such market value is above par they will be accepted at their par value. REPORT OF THE TREASURER OF THE UNITED STATES. 17 (c) Bonds of any city in the United States having a population of over 30,000, as shown by the latest annual report of the Bureau of Census, entitled “ Official Statistics of Cities having a Population of over Thirty Thousand,” which has been in existence for a period of 10 years, which for a period of 10 years previously has not defaulted in the payment of any part of either principal or interest of any funded debt authorized to be contracted by it, and whose net funded indebtedness does not exceed 10 per cent of the valuation of its taxable property, to be ascertained by the last preceding valuation for the assessment of taxes, will be accepted at 90 per cent of their market value, but if such market value is above par, they will be accepted at 90 per cent of their par value. (d) Bonds of any other city, town, county, or other legally constituted municipality or district in the United States, which has been in existence for a period of 10 years, which for a period of 10 years previously has not defaulted in the payment of any part of either principal or interest of any funded debt authorized to be contracted by it, and whose net funded indebtedness does not exceed 10 per cent of the valuation of its taxable property, to be ascertained by the last preceding valuation for the assessment of taxes, will be accepted at 75 per cent of their market value, but if such market value is above par they will be accepted at 75 per cent of their par value. Bonds of the several classes described in paragraphs (&), (c), and (d), to be acceptable as security, shall be the general obligations of the States, Territories, counties, cities, towns, or other political divisions by or in behalf of which they are issued, and payable, either directly or ultimately, without limitation to a special fund, from the proceeds of taxes levied upon all the taxable real and personal property within the territorial limits of such political divisions. The term 11 net funded indebtedness, ” for the purposes of paragraphs (c) and (d), is hereby defined to be the difference between the legal gross indebtedness of a city, town, county, or other municipality (including the amount of any school district or other bonds which depend for their redemption upon taxes levied upon property within the municipality) and the aggregate of the following items: (1) The total of all sinking funds accumulated for the redemption of such gross indebtedness, except sinking funds applicable to bonds hereafter described in this section. (2) The amount of outstanding bonds or other debt obligations made payable from current revenues. (3) The amount of outstanding bonds issued for the purpose of providing the inhabitants of a municipality with public utilities, including the supplying of water or the construction of subways and tunnels for railways: Provided, That evidence is submitted showing that the income from such utilities is sufficient for maintenance, for payment of interest on such bonds, and for the accumulation of a sinking fund for their redemption. (4) The amount of outstanding improvement bonds, issued under laws which provide for the levying of special assessments against abutting property in sufficient amounts to insure the payment of interest on the bonds and the redemption thereof: Provided, That 142530—19---2 18 REPORT OF THE TREASURER OF THE UNITED STATES. such, bonds arc direct obligations of the municipality and included in the gross indebtedness of the municipality. (5) The amount of outstanding bonds issued by a political subdivision, funds for the payment of which are donated by the State: Provided, That evidence is submitted showing that such funds are sufficient in amount to insure the payment of interest on the bonds and the principal thereof at maturity. Obligations of the general class embracing what are commonly known as “revenue bonds,” “ temporary bonds,” “ temporary notes, “certificates of indebtedness,” “ warrants,” and the like obligations, whether issued in anticipation of the collection of taxes, assessments, or other revenues, or of the sale of bonds or other obligations, or foi similar purposes, will not be accepted as security for postal savings deposits: Provided, That, in applying this regulation, consideration will be given to the legal status of the obligations submitted rather than to the nomenclature employed in designating such obligations: And provided further, That this regulation shall not apply to obligations of the United States Government. Bonds which in all other respects are found to be legally acceptable as security under the postal savings act, and those regulations will be construed, as a matter of law, to conform to these provisions ot section 8, paragraphs (c) and (d), respectively, which relate to term of existence and nondefault, under the following conditions. (1) Bonds issued by or in behalf of any city, town, county, or other legally constituted municipality or district in the United States which was, subsequently to the issuance of such bonds, consolidated with, or merged into, an existing political division which meets the requirements of these regulations, will be deemed to be the bonds of such, political division: Provided, That such bonds were assumed by such political division under statutes and appropriate proceedings the eff ect of which is to make such bonds general obligations of such assuming political divisipn, and payable, either directly or ultimately, without limitation to a special fund,from the proceeds of taxes levied upon all the taxable real and personal property within its territorial limits, (2) Bonds issued by or in behalf of any city, town, county, or other legally constituted municipality or district in the United States which was, subsequently to the issuance of such bonds, wholly succeeded by a newly organized political division, whose term of existence, added to that of such original political division, or of any other political division so succeeded, is equal to a period of 10 years, will be deemed to be bonds of such succeeding political division: Provided, That during such period none of such political divisions shall have defaulted in the payment of any part of either principal or interest of any funded debt authorized to be contracted by it: And provided further, That such bonds were assumed by such new political division under statutes and appropriate proceedings the effect ot which is to make such bonds general obligations of such assuming political division, and payable, either directly or ultimately without limitation to a special fund, from the proceeds of taxes levied upon all the taxable real and personal property within its territorial limits, (3) Bonds issued by or in behalf of any city, town, county, or other legally constituted municipality or district in the United States which, prior to such issuance, became the successor of one or more, or was REPORT OF THE TREASURER OF THE UNITED STATES. 19 formed by the consolidation or merger of two or more, preexisting political divisions, the term of existence of one or more of which, added to that of such succeeding or consolidated political division, is equal to a period of 10 years, will be deemed to be bonds of a political division which has been in existence for a period of 10 years: Provided, That during such period, none of such original, succeeding, or consolidated political divisions shall have defaulted in the payment of any part of either principal or interest of any debt funded authorized to be contracted by it. The board of trustees reserves the right to reclassify the securities acceptable for deposits and to change the valuation" at which they will be accepted. Under no circumstances will securities of other classes than those above named be accepted. POSTAL SAVINGS BONDS AND INVESTMENTS THEREIN. Under a general authority in the postal savings law (act of June 25, 1910) the trustees of the Postal Savings System have arranged to take over at par any of the postal savings bonds that depositors may wish to turn back. The first investment in these bonds was made on December 9, 1911, when they were quoted in the open market at 92| cents on the dollar. Under the arrangement made by the trustees they have taken over at par all of the bonds offered by the depositors, and at the close of the fiscal year 1919 the Treasurer of the United States held $5,288,600 of such bonds, which are registered in the name of the board of trustees. WITHDRAWAL OF BONDS TO SECURE CIRCULATION. Under the provisions of section 18 of the Federal reserve act national banks filed with the Treasurer of the United States applications to sell for their account United States bonds securing circulation as follows: Quarter ended— Cases. Amount. Sept. 30,1918 Dec. 31,1918. Mar. 31,1919. •Tune 30, 1919. 3 85,025,000 2 5,200,000 1 4,900 000 The Federal Reserve Board did not deem it advisable to allot or to require the Federal reserve banks to purchase any of the bonds offered for sale in the foregoing applications. The deposits on the several accounts for the redemption of nationalbank notes during the fiscal year 1919 may be studied from the statement following. 20 REPORT OF THE TREASURER OF THE UNITED STATES. Money deposited in the Treasury each month of the fiscal year 1918 for the redemption of notes of national banks failed, in liquidation, and reducing circulation; also the amount of national-bank notes outstanding. Months. Retirement account. National-bank notes outstanding. Insolvent and liquidating. Reducing. National banks. Federal reserve banks. 1918. Jlllv $103,560.00 $326,100.00 $32,600.00 $723,728,062.00 August 52; 100.00 9,699,257.50 22; 240.00 724,318,652.00 September 56; 250.00 1,272', 300.00 32,600.00 721,933,170.00 October 196,460.00 ' 269; 220.00 42,700.00 721,471,138.00 November 200; 000.00 706,500.00 40,180.00 716,853,155.00 December 99,997.50 1,020,197.50 46,150.00 723,529,210.00 1919. 256,200.00 3,765.000.00 37,150.00 721,928,498.00 February 734,197.50 1,037,742.50 721,879.473.00 March 253,735.00 155,200.00 724,487,192.00 April... 184; 700.00 700,100. 00 725,131,122.00 Mav 72,900. 00 544;000.00 148,300.00 722,764,920.00 June 187,800.00 779,800.00 480'. 900.00 719,276,732.00 Total. . 2,397,900.00 20,275,417. 50 882,820.00 DEPOSITARIES OF THE UNITED STATES. The Secretary of the Treasury determines the number of such depositaries and the amount of public money required in each for the transaction of the public business, fixes the amount of balances they may hold, and requires the banks thus designated to give satisfactory security, by the deposit of United States bonds and otherwise, for the safe-keeping and prompt payment of the public money deposited with them, and for the faithful performance of their duties as financial agents of the Government. The regular depositaries receive and disburse the public moneys, while the special depositaries hold only the moneys transferred to them from the Treasury. All of the national-bank depositaries are required to pay interest at the rate of 2 per cent per annum on the average monthly amount of public deposits held. The number of national bank depositaries (excluding special depositaries appointed under the Liberty Loan Acts) at the close of the fiscal years 1918 and 1919 are here stated: Regular. Special. Total. Depositaries June 30,1918......................A........................ Depositaries June 30,1919............................................... 765 2,624 3,389 807 645 1,452 PUBLIC MONEYS IN DEPOSITARY BANKS. At the close of the fiscal year 1918 the depositary banks held public moneys as follows: Federal land banks, $430,000; Federal reserve banks, $63,817,988.46; Special depositaries, $1,491,338,825.44; national banks, $53,494,878.83; foreign depositaries, $11,026,503.50, and the treasury of Philippine Islands, $4,992,602.35; making a total of $1,625,100,798.58. REPORT OF THE TREASURER OF THE UNITED STATES. 21 The amount of public moneys held by depositary banks at the close of each quarter during the fiscal year 1919 may be observed in the statement following: Depositories. Quarter ended Sept. 30, 1918. Quarter ended Dee. 31,1918. Quarter ended Mar. 31,1919. Quarter ended June 30, 1919. Federal land banks Federal reserve banks Special depositaries National banks Foreign depositaries Treasury of Philippine Islands. $830,000. 00 260,914,614.44 606,976,000.00 53,779,615.26 1,267,836. 95 9,372,293.05 $830,000. 00 157,104,882.93 652,061,000.00 55,654,053.73 181,749,217.30 8,213,720. 92 $830,000. 00 280,210,029. 57 825,458,000.00 62,371,051.74 271,702,382.37 10,383,084.52 $500,000.00 55,300,485.16 905,411,514.76 52,399,940.18 22,885,165.93 9,313,439.48 Total 933,140,359. 70 1,055,612,874.88 1,450,954,548.20 1,045,810,545.51 GENERAL ACCOUNT OF THE TREASURER OF THE UNITED STATES. The Treasurer receives and keeps the moneys of the United States and disburses the same upon warrants drawn by the Secretary of the Treasury, countersigned by the Comptroller of the Treasury, and not otherwise. He takes receipts for all moneys paid by him and gives receipts for all moneys received by him; and all receipts for moneys received by him are indorsed upon warrants signed by the Secretary of the Treasury, without which warrant, so signed, no aclmowledgement for money received into the Public Treasury is valid. He renders his accounts quarterly, or oftener if requiredr and at all times submits to the Secretary of the Treasury and the Comptroller of the Treasury, or either of them, the inspection of the moneys in his hands. As a matter of information, it may be said that all public moneys-paid into any subtreasury office, national-bank depositary, or other depositary, are placed to the credit of the Treasurer of the United States and held subject to his draft. The public moneys in the hands of any depositary of public moneys may be transferred to the Treasury of the United States or may be transferred from one depositary to any other depositary, as the safety of the public moneys and the convenience of the public service shall require. The public moneys in any sub treasury,, mint, or other depositary are subject to special examination and count whenever it is deemed advisable by the Secretary of the Treasury. Such examinations of the moneys in the subtreasuries are frequently made by committees representing the Secretary and the Treasurer. Annual examinations of the public moneys in mints are made by committees selected by the Director of the mint, but as these moneys are a part of the general account, it is suggested that the Treasurer of the United States should have a representative on all such committees. GOLD SETTLEMENT FUND, FEDERAL RESERVE BOARD. The transactions in the gold settlement fund during the fiscal year 1919 are set forth in the statement following: Balance to credit of the gold settlement fund June 30, 1918_ $1, 205, 082,010.00 Fiscal year 1919: Deposits........................... $835,094,319 43 Withdrawals........................ 624,090, 230.33 -------------- 211,004, 089.10 Balance to credit of the gold settlement fund, June 30, 1919. 1, 416, 086, 099.10 22 REPORT OF THE TREASURER OF THE UNITED STATES. MONETARY STOCK. The monetary stock of the country took on a growth of $777,716,706 during the fiscal year 1919 and amounted to $7,518,789,000 at the close of the year. The increase in subsidiary silver coin was $11,013,858,- in Federal reserve notes $839,976,540; in Federal reserve bank notes $172,222,980, while gold decreased $49,197,748; standard silver dollars $191,370,171, and national-bank notes $4,928,753. The amount of each kind of money included in the general stock is given in the statement following (this statement represents the monetary stock of the United States as shown by the revised statements for June 30, 1918 and 1919): Kinds. In Treasury, mints, and Federal reserve banks. In circulation. Total stock. June 30,1918: Gold coin and bullion 81,961,711,412 421,990,403 14,878,278 81,114,077,426 77,525,527 216,978,302 83,075,788,838 499,515,930 231,856,580 Silver dollars Subsidiary silver Total metallic 2,398,580,093 1,408,581,255 3,807,161,348 United States notes 6,638,204 134,506,190 186,895 21,149,419 340,042,812 1,713,074,255 15,257,105 703,056,066 346,681,016 1,847,580,445 15,444,000 724,205,485 Federal reserve notes Federal reserve bank notes National-bank notes Total notes 162,480,708 2,771,430,238 2,933,910,946 Aggregate metallic and notes 2,561,060,801 4,180,011,493 6,741,072,294 Gold certificates 966,127,320 30,003,532 6,886 818,353,349 379,211,468 1,851,114 Silver certificates Treasury notes of 1890 Total certificates and notes 996,137,738 1,199,415,931 Aggregate 5,379,427,424 6,741,072,294 June 30, 1919: Gold coin and bullion 1,914,237,766 227,391,235 10,983,939 1,112,353,324 80,754,524 231,886,499 3,026,591,090 308,145,759 242,870,438 Silver dollars Subsidiary silver Total metallic 2,152,612,940 1,424.994,347 3,577,607,287 United States notes 13,818,465 • 193,527,048 24,421,250 69,634,991 332,862,551 2,494,029,937 163,245,730 649,641,741 346,681,016 2,687,556,985 187,666,980 719,276,732 Federal reserve notes Federal reserve bank notes National-bank notes Total notes 301,401,754 3,639,779,959 3,941,181,713 Aggregate metallic and notes 2,454,014,694 5,064,774,306 7,518,789,000 Gold certificates 1,019,897,458 34,794, 705 8,839 530,362,211 169,148.295 1,745,161 Silver certificates Treasury notes of 1890 Total certificates and notes 1,054,701,002 701,255,667 Aggregate 5,766,029,973 7,518,789,000 REPORT OF THE TREASURER OF THE UNITED STATES. 23 RATIO OF GOLD TO TOTAL STOCK OF MONEY. The percentage of gold coin and bullion to the total stock of money since July 1, 1910, is shown in the statement following: Ratio of gold to total stock of money from July 1, 1910. [From revised statements of the Treasury Department.] Dates. Total stock of money. Gold. Per cent. July 1, 1910 $3,419,591,483 $1,636,043,478 47. 85 July 1', 1911 3,555,958,977 1,753,196,722 49.30 July 1, 1912 3^ 648' 870'650 1,818.188/417 49.82 July 1, 1913 3' 720' 070'016 1,870,761,835 50.28 July 1, 1914 . . 3, 738^ 288' 871 l'890j656U91 50.57 July 1, 1915 . 3,989,456,186 1,985' 539^ 172 49.76 July 1, 1916 f482' 859' 133 2,449^ 706^ 205 54.64 July 1, 1917 5' 407' 990' 026 3,019^ 146' 563 55.77 July 1, 1918 6^ 741' 072' 294 3' 075' 788' 838 45.60 July 1, 1919 7,518,789,000 3; 026,591,090 40.25 MONEY IN CIRCULATION. The kinds of money in circulation, the circulation per capita, and the percentage of gold coin and certificates to the total circulation may be studied from the table following: Money in circulation at the end of each fiscal year from 1910. Fiscal year. Money in circulation. Circulation per capita. Percentage of gold coin and certificates to total circulation. Gold coin and gold certificates. United States notes, Treasury notes, and Federal reserve notes. Nationalbank notes.1 Silver coin and silver certificates. Total. 1910 $1,393,632,192 $338,450,395 $686,659,535 $686,613,483 $3,102,355,605 $34. 33 44.91 1911 1,519,663,467 342,226,378 687', 701! 283 664,411,468 3,214,002,596 34.20 47.28 1912 1,554,159,771 340,612, 891 705,142,259 684, 598,172 3,284,513,093 34.34 47.31 1913 f 612' 398^ 508 339,871,850 715', 754; 236 695,713,855 3,363,738,449 34. 56 47.93 1914 1,637,693,820 340^ 273,410 715,180,037 708,868,160 3; 402; 015,427 34.35 48.14 1915 1,662,981,438 414j 961,583 785i 393', 047 705,883, 506 3; 569; 219; 574 35.44 46.59 1916.... 2,051,072,561 516,918,497 728,362,789 727,743,915 4,024,097,762 39. 28 50.97 1917 2,428^ 226' 886 882,344,091 710,142,341 742,862,314 4,763,575,632 45.74 50.97 1918 1,932,430,775 2,054,968,181 718', 313,171 673,715,297 5,379,427,424 50. 81 35.92 1919 1,642,715,535 2,828,637,649 812; 887; 471 48i; 789; 318 5,766,029,973 53.59 28.48 1 Including Federal reserve bank notes. CIRCULATION AND POPULATION. The annexed statement presents for 10 years the money in circulation, the population, the circulation per capita, the per cent of increase of population, and the per cent of increase of circulation per capita per year. 24 REPORT OF THE TREASURER OF THE UNITED STATES. Increase in population and in circulation per capita. Fiscal year. Money in circulation. Population. Circulation per capita. Per cent of increase of population per year. Per cent of increase of circulation per capita per year. 1910 $3,102,355,605 90,363,000 $34.33 1.6 11.7 1911 3,214^ 002^ 596 93,983,000 34.20 4.0 1.3 1912 3,284' 513,093 95; 656; 000 34.34 1.7 .4 1913 3,363,738,449 97,337,000 34.56 1.7 .6 1914 3,402' 015; 427 99,027,000 34.35 1.7 1.6 1915 3; 569; 219; 574 100,725,000 35.44 1.7 3.1 1916 4, 024; 097', 762 102,431,000 39.28 1.7 10.8 1917 4', 763; 575; 632 104,145,000 45.74 1.7 16.4 1918 5,379,427,424 105,869,000 50.81 1.6 11.1 1919 5,766', 029; 973 107,600,000 53.59 1.6 5.4 1 Decrease. PAPER CURRENCY ISSUED DIRECTLY BY THE GOVERNMENT. z The paper currency issued directly by the Government is of three kinds, viz: United States notes, gold certificates, and silver certificates. The $1 and $2 denominations are authorized in the issues of United States notes and silver certificates only. There is constant demand in all parts of the country for these small notes, which, through the process of redeeming and retiring the higher denominations and replacing the same by the smaller bills, has enabled the Treasury to respond in almost full measure to the demands for such denominations. Congress by act of April 23, 1918, authorized the Secretary of the Treasury to melt or break up and sell as bullion standard silver dollars held in the Treasury, and to retire silver certificates outstanding against such standard silver dollars at the rate of $1 face amount of such certificates for each standard silver dollar so melted or broken up. Provision was made for the use of Federal reserve bank notes to take the place of the silver certificates temporarily retired, thus preventing a contraction of the currency. The amounts of each kind of United States paper currency issued and redeemed, by denominations, during the fiscal year 1919 are set out under the respective headings in the tables following. UNITED STATES NOTES. The United States notes are the well-known “greenbacks” or “legal tenders,” the first issue of which was authorized by the act of February 25, 1862. The total amount authorized was $450,000,000, and the highest amount outstanding at any time was $449,338,902, on January 30, 1864. Under the operations of enactments by Congress authorizing the canceling and retiring of these notes as they were received in the Treasury, the amount outstanding had been reduced more than $100,000,000, when the process was finally stopped by the act of May 31, 1878, which required the notes to be reissued when redeemed. At that time the amount outstanding was $346,681,016, and it has REPORT OF THE TREASURER OF THE UNITED STATES. 25 not been changed since, though $546,466,414 of these notes have been redeemed in gold under the provisions of the act of January 15,1875 (resumption act), and paid out again, a proceeding which was properly designated as “the endless chain.” The act of March 14, 1900, modified the operations of the resumption act by requiring that the notes redeemed shall not be paid out again until exchanged for gold, and under this act $543,806,128 of the notes have been redeemed in and exchanged for gold, making a total of $1,090,272,542 in gold that has been paid in redemption of United States notes since January 1, 1879, and yet, in spite of these payments, the volume outstanding remains the same as on May 31, 1878.- In order to increase the resources of the Treasury for the issue of small denominations for which there is constant demand, the Secretary of the Treasury on December 22, 1916, under the provisions of the act of March 4, 1907, authorized the issue of $1 and $2 United States notes. The transactions in this currency, by denominations, during the fiscal year 1919 are stated here: Denominations. Outstanding June 30, 1918. Fiscal year 1919. Issued. Redeemed. Outstanding June 30, 1919. One dollar.............. Two dollars............ Five dollars............ Ten dollars............ Twenty dollars......... Fifty dollars.......... One hundred dollars.. Five hundred dollars.. One thousand dollars. Five thousand dollars. Ten thousand dollars. Total....'...... Unknown, destroyed. Net............. $37,134,481 35,009,342 202,187,485 49,092,651 10,410,682 1,227,075 2,002,800 1,509,500 9,097,000 10,000 347,681,016 1,000,000 346,681,016 $131,316,000 63,768,000 48,320,000 $62,852,880 50,145,795 108,211,985 17,653,700 2,698,440 134,500 209,200 204,500 1,293,000 $105,597,601 48,631,547 142,295,500 31,438,951 7,712,242 1,092,575 1,793,600 1,305,000 7,804,000 • 10,000 243,404,000 243,404,000 347,681,016 1,000,000 243,404,000 243,404,000 346,681,016 TREASURY NOTES OF 3890. The issue of Treasury notes of 1890 for the purchase of silver bullion began on August 19, 1890, and from that date to November 1, 1893 (the date of the repeal of the purchasing clause of the act), the Government had purchased 168,674,682.53 fine ounces, at a cost of $155,931,002, for which Treasury notes had been paid. The amount of Treasury notes redeemed in gold up to the close of the fiscal year 1919 was $110,714,364. Treasury notes redeemed in standard silver dollars are canceled and retired in accordance with the requirements of the act of 1890, and to the close of the year $84,905,867 had been so redeemed and retired. Sections 5 and 8 of the act of March 14, 1900, also provide ’for the cancellation and retirement of Treasury notes to an amount equal to the coinage of standard silver dollars and subsidiary silver coin from the bullion purchased with such notes. The cancellation of notes on account of coinage since March 14, 1900, was $69,271,135, so that there remained outstanding June 30, 1919, but $1,754,000, offset by an equal amount of standard silver dollars held in the trust funds for their redemption when presented. 26 REPORT OF THE TREASURER OF THE UNITED STATES. The amount of each denomination issued, redeemed, and outstanding may be studied in the statement following: Denominations. Total issued. Redeemed during year. Total redeemed. Outstanding June 30, 1919. One dollar 364,704,000 49, 808,000 120,740,000 104, 680,000 35,760,000 1,175,000 18,000,000 52, 568,000 $5,978 4,042 20,950 42,160 20,320 350 7,200 3,000 $64,378,873 49,604,880 120,304,067 104,237,990 35,562,190 1,166,200 17,918,800 52,508,000 $325,127 203,120 435,933 442,010 197,810 8,800 81,200 60,000 Two dollars . Fivw dollars Ten dollars Twenty dollars Fifty dollars One hundred dollars. One thousand dollars Total 447,435,000 104,000 445,681,000 1,754,000 8,839 Less amount held in the Treasury Net 1,745,161 GOLD CERTIFICATES. The transaction in this currency during the fiscal year 1919 are recorded by denominations in the table following: Denominations. Outstanding June 30,1918. Fiscal year 1919. Outstanding June 30, 1919. Issued. Redeemed. Ten dollars Twenty dollars Fifty dollars One hundred dollars Five hundred dollars One thousand dollars Five thousand dollars Ten thousand dollars $334,178,915 246,290,174 73,160,180 103,354,400 27,313,500 131,823,500 142,650,000 725,710,000 $13, 870,000 $99,492,450 39,909,550 13,362,100 18,557,400 2,073,500 5,796,000 450,000 68,450,000 $234,686,465 206,380,624 59,798,080 84,797,000 25,240,000 126,027,500 142,200,000 671,130,000 Total Less amount held in Treasury 1,784,480,669 757,849,000 13,870,000 248,091,000 1,550,259,669 814,480,178 Net 1,026,631,669 735,779,491 SILVER CERTIFICATES. The act of February 28, 1878, authorized such certificates in denominations of $10 and above to $1,000. The act of August 4, 1886, authorized the denominations of $1, $2, and $5. The act of March 14, 1900, provided that thereafter the issue of silver certificates should be limited to the denominations of $10 and under, except that 10 per cent of the total volume of such certificates, in the discretion of the Secretary of the Treasury, may be issued in denominations of $20, $50, and $100. The act of April 23, 1918, authorized the Secretary of the Treasury to melt or break up and to sell as bullion not in excess of 350,000,000 standard silver dollars held in the Treasury. Any silver certificates which may be outstanding against such standard silver dollars so melted or broken up shall be retired at the rate of $1 face amount of such certificates for each standard silver dollar so melted or broken up. Operations under the foregoing act during the fiscal year 1919 resulted in quite a reduction in the total volume of silver certificates outstanding. REPORT OF THE TREASURER OF THE UNITED STATES.- 27 The total amount of silver certificates outstanding, by denominations, at the close of the fiscal years 1918 and 1919 may be studied in the table following: Denominations. Outstanding June 30,1918. Fiscal y Issued. ear 1919. Redeemed. Outstanding June 30, 1919. One dollar Two dollars Five dollars Ten dollars Twenty dollars $218,713.736 50,731,771 105,693,967 13,001,921 13.468,650 7,307,235 266,220 15,500 16,000 $82,564,000 9,680,000 20,000 600,000 $186,490,848 39,129,722 59,747,530 5,904,140 5,008,660 1,836,200 17,400 1,500 $114,786,888 21,282,049 45,966,437 7.697,781 8.459,990 5,471,035 248,820 14,000 16,000 Fifty dollars One hundred dollars Five hundred dollars One thousand dollars Total _ Less amount held in the Treasury 409,215,000 30,003,532 92,864,000 298,136,000 203,943,000 34,794,705 Net 379,211,468 169,148,295 CHANGES IN DENOMINATIONS. Activity in the movement of notes from and to the Treasury varies with the seasons. From the first of August to the close of December they go out in the largest volume for the handling of the crops, and in that period, in order to secure small bills, large denominations are freely sent in for redemption. Then from January to July the smaller notes which flow into the banks in excess of their immediate needs are returned for redemption, generally accompanied with a request for larger denominations in return The changes effected in the total amount of United States paper currency of each denomination outstanding at the close of the fiscal year 1919 may be studied from the comparative statement following: Denominations. Outstanding June 30, 1918. Fiscal year 1919. Outstanding Issued. Reedemed. June 30, 1919. One dollar Two dollars Five dollars. Ten dollars T wenty dollars Fifty dollars One hundred dollars Five hundred dollars One thousand dollars Five thousand dollars Ten thousand dollars $256,179,321 85,948.276 308.338,335 396,757,657 270,387,636 81,703,640 105,711, 820 28,838,500 140,999,500 142,650,000 725,720,000 $213,880,000 73,448,000 48,340,000 600,000 13,870,000 $249,349,706 89,279,559 167,980,465 123,092.450 47.636,970 15,333,150 18,791,200 2,279,500 7,092,000 450,000 68,450,000 $220,709,615 70.116,717 188,697,870 274,265,207 222,750,666 66,370,490 86,920,620 26,559,000 133,907,500 142,200.000 671,140,000 Total Unknown, destroyed 2,543,234,685 1,000,000 350,138,000 789,735,000 2,103,637,685 1,000,000 Net 2,542,234,685 350,138,000 789,735,000 2,102,637,685 In a study of the foregoing statement it will be observed that all denominations have been decreased in amount outstanding during the fiscal year, which is owing to the retirement of the gold and silver certificates. 28 .REPORT OF THE TREASURER OF THE UNITED STATES. PIECES OF UNITED STATES PAPER CURRENCY OUTSTANDING. The number of pieces of United States paper currency outstanding at the close of each month for the fiscal years 1918 and 1919 may be studied from the comparative statement following: Months. Fiscal year 1918 outstanding. Fiscal year 1919 outstanding. Number of pieces. Total value. Number of pieces. Total value. $2,770,193,685 2,411,463,685 2,396,277,685 2,371,433,685 2,347,565,685 2,311,504,685 2,264,290,685 2,236,374,685 2,195,973,685 2,155,402,685 2,129,780,685 2,104,197,685 July 417,472,217 417,961,053 421,667,367 427,661,156 432,874,863 435,616,716 432,375,189 428,244,278 425,643,173 424,125,225 419,851,565 417,007,241 82,894,090,685 2,900,652,685 2,891,283,685 2,893,338,685 2,868,543,685 2,810,347,685 2,770,193,685 2,745,780,685 2,718,367,685 2,682,763,685 2,624,411,685 2,543,234,685 410.395,426 405,652,914 405,036,879 401,477,356 393,826,402 383,835,552 373,023,234 364,033,021 356,963,601 347,631,403 339,914,837 334,550,753 August September October November December January February March..." April May June COST OF PAPER CURRENCY. The paper used is made by a secret process under Treasury supervision by annual contract under competitive bids. The Bureau of Engraving and Printing, a branch of the department, designs, under the direction of the Secretary, engraves, and prints the notes and certificates complete. This currency is delivered to the Treasurer in packages of 4,000 notes, the product of 1,000 sheets of paper. Such a package is taken as the unit from which to reckon the cost. With the allowance for every item of expense attending the making, the issue, and the redemption of this paper currency, it appears that the average cost is as follows: Total average expense of 4,000 notes issued------------------------- $52. 50 Total average expense of 4,000 notes redeemed...................... 8. 54 Aggregate average expense of issue and redemption............... 61. 04 It appears from the foregoing that the average cost for each note is about 1.526 cents. Calculations based upon these average expenses of issue and redemption indicate results that will be very close to the actual cost of maintenance of the paper currency, and such cost for the fiscal years 1918 and 1919 may be studied from the details set forth in the subjoined statement: Total expense of issue and redemption. Fiscal years. Number of pieces. Cost per 1,000 pieces. Total cost. 1918. Issued 354,519,271 355,450,960 813.125 2.135 $4,653,065.43 758,887.80 Redeemed Total 5,411,953.23 1919. Issued 260,333,343 342,789,832 13.125 2.135 3,416, 875.13 731,856.29 Redeemed Total 4,148,731.42 REPORT OF THE TREASURER OF THE UNITED STATES. 29 United States paper currency outstanding and cost of maintenance. Fiscal years. Amount outstand- Cost of maintenance. ing. Amount. Per cent. 1918 82,542,234,685.00 2,103,197,685.00 $5,411,953.23 4,148,731.42 0.212 1919 .197 Ill this connection attention is invited to the saving of abrasion on the gold and silver coins held in the Treasury against outstanding certificates and notes, which to all intents and purposes is an offsetting item against the cost of the paper currency issued directly by the Government, though not so treated in the foregoing calculations. AVERAGE LIFE OF PAPER CURRENCY. The average length of service, in years, of the different kinds and denominations of paper currency may be studied in the table following. Estimated length of service of paper currency. Denomination. United States notes. Treasury notes. Gold certificates. Silver certificates. Nationalbank notes. One dollar 2.03 1.78 1.00 4.51 Two dollars 2.35 1.90 1.17 4.57 Five dollars 2.49 2.98 1.86 2.42 Ten dollars 3.57 3.76 2.20 3.33 2.32 Twenty dollars 5.94 4.04 3.41 3.87 2.79 Fifty dollars 6.17 3.77 3.74 2.80 3.37 One hundred dollars 6.15 3.66 3.97 2.80 3.74 Five hundred dollars 3.78 3.94 1.89 5.13 One thousand dollars 4.19 1.92 3.69 1.41 3.33 Five thousand dollars .32 2.55 Ten thousand dollars . 16 1.62 All denominations .. 2.59 2.23 2.67 1.19 2.51 The greater longevity of the Government issues of the denominations of $10, $20, $50, and $100 is due to the fact that these notes were formerly held from year to year in bank reserves. The national-bank circulation, it is fair to state, owes its apparent advantage of longevity to the circumstance that the original plan of redemption was found to be practically inefficient. Since the inauguration of the present system of redemption in the office . of the Treasurer on July 1, 1874, these notes have been freely retired on becoming unserviceable, with a consequent shortening of their life, but the records of the earlier period still affect the calculations based on the whole history of the issue. PAPER CURRENCY PREPARED FOR ISSUE AND AMOUNT ISSUED. The pieces of United States paper currency outstanding at the close of the fiscal year 1919 numbered 334,550,753, of the total value of $2,104,197,685. The Treasury has to maintain this great number of pieces and also to provide for the annual growth in the number of pieces of such denominations as may be in demand. Experience and forethought prompt the preparation of an adequate volume of paper 30 REPORT OF THE TREASURER OF THE UNITED STATES. currency of the kinds and denominations authorized by law in advance of putting it in circulation. It is the practice of the department to keep the reserve vault well stocked with such currency in order that it may be properly seasoned before it is paid out. The paper currency prepared for issue and the amount issued during each fiscal year from 1910 may be studied from the annexed statement: Fiscal years. Prepared for issue. Paper currency issued. Number of notes and certificates. Total value. Average value. Number of notes and certificates. Total value. Average value. 1910 235,210,400 $809,579,600 $3.441 240 990 922 $767 115 600 $3 183 1911 268,450,000 957,744,000 3.567 267’207,921 913,540’ 000 3418 1912 301 302,000 990,096 000 3.286 290,809 347 916 852 000 3 152 1913 307,188,000 903,716,000 2.941 318,264,407 1,035’ 462’ 000 3 253 1914 294,418,000 1,179,280,000 4.005 298,780,482 1 075,308 000 3 598 1915 284,436,000 1, 214' 252' 000 4.268 280 174 317 1 164 718 000 4 157 1916 359,986,000 1,628 720 000 4.524 358 838 465 1 510 334 000 4 208 1917 391,962,000 2,919,228,000 7.447 390 016 642 2 068^ 356’ 000 5.303 1918 352,523,000 1 028 488 000 2.917 354 519 271 ?753;124’000 2 125 1919 267,' 264' 000 348,824,000 1.305 260' 333' 387 350' 138' 000 1.345 The number of pieces and amount issued monthly for the fiscal years 1918 and 1919 are set out in the subjoined table: United States paper currency issued during the fiscal years 1918 and 1919. Months. Fiscal year 1918. Fiscal year 1919. Number of notes and certificates. Total value. Average value of notes and certificates. Number of notes and certificates. Total value. Average value of notes and certificates, July August September October November December January February March April May June Total Per cent of increase over preceding year 32,563,830 32,074,183 29,371,901 32,913,572 32,874,559 28,960,415. 28,779,533 25,177,071 29,420,000 30,024,107 25,388,100 26,972,000 $97,584,000 121,766,000 84,426,000 76,342,000 59,226,000 49,830,000 54,586,000 45,874,000 48,952,000 48,170,000 34,596,000 31,772,000 $2.996 3.796 2.874 2.319 1.801 1.720 1.861 1.822 1.663 . 1.604 1.362 1.177 24,024,014 25,820,117 23,296,339 20,084,170 16,772,379 15,164,019 19,592,032 18,420,039 24,868,072 22,372,026 23,980,035 25,940,145 $28,336,000 32,250,000 33,406,000 27,968,000 25,594,000 20,738,000 26,200,000 25,366,000 34,248,000 30,260,000 30,110,000 35,662,000 $1,179 1.249 1.433 1.392 1.525 1.367 1.337 1.377 1.377 1.352 1.255 1.357 354,519,271 i 9.1. 753,124,000 i 63.5 2.125 260,333,387 i 26.5 350,138,000 i 53.6 1.345 1 Decrease SUPPLY OF UNITED STATES PAPER CURRENCY HELD IN RESERVE. At the close of the fiscal year 1919 the pieces of United States paper currency held in the reserve vault numbered 31,837,804, a net increase of 6,930,613 pieces as compared with like holdings at the close of 1918. A comparison by number of pieces of each denomination and total value of the United States paper currency held in the reserve vault at the close of the fiscal years 1918 and 191*9 may be studied in the annexed statement. REPORT OF THE TREASURER OF THE UNITED STATES. 31 Denomination. Held June 30, 1918. Held June 30, 1919. Number of pieces. Total value. Number of pieces. Total value. One dollar Two dollars ■.. Five dollars Ten dollars Twenty dollars Fifty dollars One hundred dollars Five hundred dollars One thousand dollars Five thousand dollars Ten thousand dollars Order gold certificates Total r 6,972,000 4,020,000 7,012,000 3,240,000 2,240,000 760,000 420,000 48,500 39,400 23,700 43,700 87,891 86,972,000 8,040,000 35,060,000 32,400,000 44,800,000 38,000,000 42,000,000 24,250,000 39,400,000 118,500,000 437,000,000 878,910,000 12,828,000 3,480,000 8,688,000 3,180,000 2,240,000 760,000 420,000 48,500 39,400 23,700 43,700 86,504 $12,828,000 6,960,000 43,440,000 31,800,000 44,800,000 38,000,000 42,000,000 24,250,000 39,400,000 118,500,000 437,000,000 865,040,000 24,907,191 1,705,332,000 31,837,804 1,704,018,000 REDEMPTIONS OF PAPER CURRENCY. During the fiscal year 1919 there were 342,789,832 pieces of United States paper currency redeemed, a decrease of 12,661,128 pieces as compared with those of the preceding fiscal year. The pieces redeemed were 82,456,445 more than those issued and the amount was $439,597,000 more than the amount issued during the year. A comparison, by months, for the fiscal years 1918 and 1919 may be studied in the statement following. United States paper currency redeemed during the fiscal years 1918 and 1919. Month. Fiscal year 1918. Fiscal year 1919. Number of notes and certificates. Total value. Average value of notes and certificates. Number of notes and certificates. Total value. Average value of notes and certifi-•cates. July 33,030,545 $138,767,000 $4.201 30,635,830 $113,358,000 $3.700 August 31,585,368 115,204,000 3.647 30,562,631 78,999,000 2.584 September 25,665,565 93,795,000 3.654 23,912,373 48,592,000 2.032 October 26,919,785 74,287,000 2. 759 23,643,690 52,812,000 2.233 November 27,660,851 84,021,000 3.037 24,423,333 49,462,000 2.025 December 26,218,562 105,026,000 4.005 25,162,870 56,799,000 2.257 January 32,022,061 97,740,000 3.052 30,396,350 63,414,000 2.086 February 29,306,981 70,287,000 2.398 27,410,254 63,282,000 2.308 March 32,021,104 76,365,000 2.384 31,937,490 74,649,000 . 2.337 April 31,542,055 83,774,000 2. 655 31,704,222 70,831,000 2.234 May 29,661,760 92,948,000 3.133 31,696,584 55,732,000 1.758 June 29,816,323 112,949,000 3.788 31,304,205 61,805,000 1.974 Total Per cent of increase over preceding year 355,450,960 0.1 1,145,163,000 i 33.1 3.221 342,789,832 i 3.56 789,735,000 i 31.0 2. 303 1 Decrease. 32 REPORT OF THE TREASURER OF THE UNITED STATES. STANDARD SILVER DOLLARS. The stock of standard silver dollars in the United States at the beginning of the fiscal year 1919 was $499,515,930. During the fiscal year the Secretary of the Treasury melted or broke up and sold as bullion $190,369,000 of the standard silver dollars held in the Treasury of the United States, under provisions of the following act of Congress, viz: An Act To conserve the gold supply of the United States; to permit the settlement in silver of trade balances adverse to the United States; to provide silver for subsidary coinage and for commercial use; to assist foreign governments at war with the enemies of the United States; and for the above purposes to stabilize the price and encourage the production of silver. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the Secretary of the Treasury is hereby authorized from time to time to melt or break up and to sell as bullion not in excess of three hundred and fifty million standard silver dollars now or hereafter held in the Treasury of the United States. Any silver certificates which may be outstanding against such standard silver dollars so melted or broken up shall be retired at the rate of $1 face amount of such certificates for each standard silver dollar so melted or broken up. Sales of such bullion shall be made at such prices not less than $1 per counce of silver one thousand fine and upon such terms as shall be established from time to time by the Secretary of the Treasury. Sec. 2. That upon every such sale of bullion from time to time the Secretary of the Treasury shall immediately direct the Director of the Mint to purchase in the United States, of the product of mines situated in the United States and of reduction works so located, an amount of silver equal to three hundred and seventy-one and twenty-five hundredths grains of pure silver in respect of every standard silver dollar so melted or broken up and sold as bullion. Such purchases shall be made in accordance with the then existing regulations of the mint and at the fixed price of $1 per ounce of silver one thousand fine, delivered at the option of the Director of the Mint at New York. Philadelphia, Denver, or San Francisco. Such silver so purchased may be resold for any of the purposes hereinafter specified in section three of this act, under rules and regulations to be established by the Secretary of the Treasury, and any excess of such silver so purchased over and above the requirements for such purposes shall be coined into standard silver dollars or held for the purpose of such coinage, and silver certificates shall be issued to the amount of such coinage. The net amount of silver so purchased, after making allowance for all resales, shall not exceed at any one time the amount needed to coin an aggregate number of standard silver dollars equal to the aggregate number of standard silver dollars theretofore melted or broken up and sold as bullion under the provisions of this act, but such purchases of silver shall continue until the net amount of silver so purchased, after making allowance for all resales, shall be sufficient to coin therefrom an aggregate number of standard silver dollars equal to the aggregate number of standard silver dollars theretofore so melted or broken up and sold as bullion. Sec. 3. That sales of silver bullion under authority of this act may be made for the purpose of conserving the existing stock of gold in the United States, of facilitating the settlement in silver of trade balances adverse to the United States, of providing silver for subsidiary coinage and for commercial use, and of assisting foreign governments at war with the enemies of the United States. The allocation of any silver to the Director of the Mint for subsidiary coinage shall, for the purposes of this act, be regarded as a sale or resale. Sec. 4. That the Secretary of the Treasury is authorized, from any moneys in the Treasury not otherwise appropriated, to reimburse the Treasurer of the United States for the difference between the nominal or face value of all standard silver dollars so melted or broken up and the value of the silver bullion, at $1 per ounce of silver one thousand fine, resulting from the melting or breaking up of such standard silver dollars. Sec. 5. That in order to prevent contraction of the currency, the Federal reserve banks may. be either permitted or required by the Federal Reserve Board, at the request of the Secretary of the Treasury, to issue Federal reserve bank notes, in any denominations (including denominations of and $2) authorized by the Federal Reserve Board, in an aggregate amount not exceeding the amount of standard silver dollars melted or broken up and sold as bullion under authority of this act, upon deposit as provided by law with the Treasurer of the United States as security therefor, of United Stales certificates of indebtedness, or of United States one-year gold notes. The Secretary of the Treasury may, at his option, extend the time of REPORT OF THE TREASURER OF THE UNITED STATES. 33 payment of any maturing United States certificate of indebtedness deposited as security for such Federal reserve bank notes for any period not exceeding one year at any one extension and may, at his option, pay such certificates of indebtedness prior to maturity, whether or not so extended. The deposit of United States certificates of indebtedness by Federal reserve banks as security for Federal reserve bank notes under authority of this act shall be deemed to constitute an agreement on the part of the Federal reserve bank making such deposit that the Secretary of the Treasury may so extend the time of payment of such certificates of indebtedness beyond the original maturity date or beyond any maturity date to which such certificates of indebtedness may have been extended, and that the Secretary of the Treasury may pay such certificates in advance of maturity, whether or not so extended. Sec. 6. That as and when standard silver dollars shall be coined out of bullion purchased under authority of this act, the Federal reserve banks shall be required by the Federal Reserve Board to retire Federal reserve bank notes issued under authority of section five of this act, if then outstanding, in an amount equal to the amount of standard silver dollars so coined, and the Secretary of the Treasury shall pay off and cancel*any United States certificates of indebtedness deposited as security for Federal reserve bank notes so retired. Sec. 7. That the tax on any Federal reserve bank notes issued under authority of this act, secured by the deposit of United States certificates of indebtedness or United States one-year gold notes, shall be so adjusted that the net return on such certificates of indebtedness, or such one-year gold notes, calculated on the face value thereof, shall be equal to the net return on United States two per cent bonds, used to secure Federal reserve bank notes, after deducting the amount of the tax upon such Federal reserve bank notes so secured. Sec. 8. That except as herein provided, Federal reserve bank notes issued under authority of this act, shall be subject to all existing provisions of law relating to Federal reserve bank notes. Sec. 9. That the provisions of Title VII of an act approved June fifteenth, nineteen hundred and seventeen, entitled “An act to punish acts of interference with the foreign relations, the neutrality, and the foreign commerce of the United States, to punish espionage, and better to enforce the criminal laws of the United States, and for other purposes, ’ ’ and the powers conferred upon the President by subsection (&) of section five of an act approved October sixth, nineteen hundred and seventeen, known as the “Trading with the Enemy Act,” shall, in so far as applicable to the exportation from or shipment from or taking out of the United States of silver coin or silver bullion, continue until the net amount of silver required by section two of this act shall have been purchased as therein provided. Approved, April 23, 1918. The general stock of standard silver dollars in the country on-June 30, 1919, was $308,145,759, of which $80,754,524 were in circulation and $227,391,235 were held in the Treasury, against which Treasury notes and silver certificates to the amount of $170,893,456 were outstanding. Standard silver dollars are shipped to depositors therefor at the expense of the consignee for transportation charges when there is demand for the same, but the silver dollars thus sent out remain in circulation only a short.time. SUBSIDIARY SILVER COIN. At the close of the fiscal year 1919 the stock of subsidiary silver coin in the United States was $242,870,438, of which $231,886,499 were in circulation and $10,983,939 were held in the Treasury. There is constant demand for such coins and they are shipped to depositors therefor at the expense of the consignee for transportation charges. The subsidiary silver coins are redeemable in lawful money of the United States by the Treasurer or any assistant treasurer, and such coins are paid over the counter of Treasury offices in exchange for other kinds of money. 142530—19-----3 ___... . 34 REPORT OF THE TREASURER OF THE UNITED STATES. MINOR COIN. The minor coins are in great demand and are shipped to depositors therefor at the expense of the consignee for transportation charges, and they are paid over the counter at Treasury offices in exchange for other kinds of money. Such coins are redeemable in the lawful money of the United States when presented in sums or multiples of $20 to the Treasurer or any assistant treasurer of the United States. The minor coins are not included in the stated stock of money in the United States, though in circulation in every section of the country. The current minor coins are the bronze 1-cent pieces and the nickel 5-cent pieces. The amount of each denomination of minor coin outstanding at the close of the fiscal years 1918 and 1919 is shown in the state’ment following: Denominations. Outstanding June 30, 1918. Fiscal year 1919. Outstanding June 30,1919. Coined. Remelted. Copper cents 81,181,027.41 8168.60 81,180,858.81 Copper half cents................ 39,926.11 39,926.11 Copper nickel cents.. 1,201,575.88 199.31 1,201,376.57 Bronze 1-cent pieces 30,414,481.94 83,430,703.00 18,444.22 33,826,740.72 Bronze 2-cent pieces. 570,367.72 212.18 570,155.54 Nickel 3-cent pieces 655,887.65 303.00 655,584.65 Nickel 5-cent pieces 47,731, 155.27 1,457,875.00 106,635.50 49,082,394.77 Total 81,794,421.98 4,888,578.00 125,962.81 86,557,037.17 UNITED STATES CURRENCY. LEGAL TENDER. Definition of the term “legal tender.”—“ Money of a character which by law a debtor may require his creditor to receive in payment, in the absence of any agreement in the contract or-obligation itself. ”— Bouvier’s Law Dictionary. Gold coins.—The gold coins of the United States are a legal tender in all payments at their nominal value when not below the standard weight and limit of tolerance provided by law for the single piece, and, when reduced in weight below such standard and tolerance, are a legal tender at valuation in proportion to their actual weight.— Act of Feb. 12, 1873, 17 Stat., p. 426; R. S. sec. 3585. Standard silver dollars are a legal tender at their nominal value for all debts and dues, public and private, except where otherwise expressly stipulated in the contract.—Act of Feb. 28, 1878, 20 Stat., p. 25. Subsidiary silver coin.—The silver coins of the United States of smaller denominations than $1 are a legal tender in all sums not exceeding $10, in full payment of all dues, public and private.— Act of June 9, 1879, 21 Stat., p. 457. Minor coin (coins of copper, bronze, or copper-nickel).—Minor coins are a legal tender at their nominal value for any amount not exceeding 25 cents in any one pavment.—Act of Feb. 12, 1873, 17 Stat., p. 426. " :i - REPORT OF THE TREASURER OF THE UNITED STATES. 35 United States notes (known as legal tender notes, or “ greenbacks”).—They are a legal tender in payment of all debts, public and private, within the United States, except duties on imports and interest on the public debt.—Act of Mar. 3, 1863, 12 Stat., p. 711; R. S. sec. 3588. Legal tender cases: Against constitutionality, Hepburn v. Griswold (8 Wall., 603). For constitutionality, Knox v. Lee (12 Wall., 457); Parker v. Davis (12 Wall., 559). Demand Treasury notes authorized by the act of July 17, 1861 (12 Stat., p. 259), and the act of February 12, 1862 (12 Stat., p. 338), are lawful money and a legal tender in like manner as United States notes.—R. S. sec. 3589. One and two year notes of 1863.—These notes, redeemable one year from date and two years from date, bearing interest at 5 per cent per annum, are a legal tender for their face value, exclusive of interest.—Act of Mar. 3, 1863, 12 Stat., p. 710. Compound interest notes.—These notes were payable at any time after three years from date, and bearing interest not exceeding 7yo per cent, payable in lawful money at maturity, or, at the discretion of the Secretary of the Treasury, semiannually; and such of them as should be made payable, principal and interest, at maturity, to be a legal tender to the same extent as United States notes for their face value, excluding interest.—Act of June 30, 1864, 13 Stat., p. 218. Treasury notes of 1890 are a legal tender in payment of all debts, public and private, except where otherwise expressly stipulated in the contract, and are receivable for customs, taxes, and all public dues.—Act of July 14, 1890, 26 Stat., p. 289. Columbian half dollars are a legal tender to the same extent as subsidiary silver coin, i. e. $10 in any one payment.—Act of Aug. 5, 1892, 27 Stat., p. 389. Columbian quarters are a legal tender to the same extent as subsidiary silver coin, i. e. $10 in any one payment.—Act of Mar. 3, 1893, 27 Stat., p. 586. . UNITED STATES CURRENCY. NOT LEGAL TENDER. Gold certificates are not a legal tender. They are receivable for customs, taxes, and all public dues.—Act of July 12, 1882, 22 Stat., p. 165. Silver certificates are not a legal tender. They are receivable for customs, taxes, and all public dues.—Act of Feb. 28, 1878, 20 Stat., p. 25. National-bank notes are not a legal tender. They are receivable at par in all parts of the United States in payment of taxes, excises, public lands, and all other dues to the United States, except duties on imports; and also for all salaries and other debts and demands owing by the United States to individuals, corporations, and associations within the United States, except interest on the public debt, and in redemption of the national currency.—Act of June 3, 1864, 13 Stat., p. 106; R. S. sec. 5182. 36 REPORT OF THE TREASURER OF THE UNITED STATES. Trade dollars are not a legal tender. By the act of February 12, 1873 (17 Stat., p. 424), they were a legal tender at their nominal value for any amount not exceeding $5 in any one payment, but under date of July 22, 1876 (19 Stat., p. 215), it was enacted that the trade dollar should not thereafter be a legal tender. Fractional currency is not a legal tender. Note: It was receivable for postage and revenue stamps, and also in payment of any dues to the United States less than $5, except duties on imports.— Act of Mar. 3, 1863, 12 Stat., p. 711. Foreign gold coins are not a legal tender in payment of debts. —-Act of Feb. 21, 1857, 11 Stat., p. 163; R. S. sec. 3584. Foreign silver coins are not a legal tender in payment of debts. Act of Feb. 21, 1857, 11 Stat., p. 163; R. S. sec. 3584. Continental currency.—The question has been raised and disputed as to whether what was called the “Continental currency,” issued during the War of the Revolution by the old government, was or was not legal tender. The facts appear to be that while the Continental Congress did not by any ordinance attempt to give it that character, they asked the States to do so, and all seemed to have complied except Rhode Island. The Continental Congress only enacted that the man who refused to take the money should be deemed an enemy of his country. (“The National Loans/’ by Rafael A. Bayley, Treasury Department; prepared for the Tenth Census). . Federal reserve notes are not legal tender, but are receivable by the Government for all public dues and are receivable on all accounts by all Federal reserve banks, national banks, and other bank members of the Federal Reserve System. They are redeemable in gold coin of the United States by "the Treasurer and in gold or lawful money by any Federal reserve bank.—Act of Dec. 23, 1913, 38 Stat., p. 265. " ... Federal reserve bank notes are identical in all their attributes with national-bank notes.—Act of Dec. 23, 1913, 38 Stat., p. 267. TRANSFERS OF FUNDg FOR DEPOSITS MADE IN NEW YORK. The deposits of money in the subtreasury at New York, for which payments are made by telegraph through this office at other treasury offices for moving the crops or to meet other demands of business, are in every year considerable in magnitude. The Treasury renders such assistance, though limited in resources, when the payments can be made without detriment to the public interest. REPORT OF THE TREASURER OF THE UNITED STATES. 37 The record of such deposits in New York, by calendar years, and the resultant payments at the several offices from 1913 to June 30, 1919, may be observed in the statement following: Transactions. Gold coin and certificates. United States notes. Silver dollars and certificates. Total. 1913—Receipts $13,818,958.33 * $13,818,938.33 Paid by the Treasurer and assistant treasurers of the United States: Washington 105,000.00 100,000.00 1,700,000.00 1,075,000.00 10,838,958.33 105,000.00 100,000.00 1,700,000.00 1,075,000.00 10,838,958.33 Chicago^ Cincinnati New Orleans San Francisco Total 13,818,958.33 13,818,958.33 1914—Receipts 14,863,000.00 14,863,000.00 Paid by the Treasurer and assistant treasurers of the United States: New Orleans 4,310,000.00 10,553,000.00 4,310,000.00 10,553,000.00 San Francisco Total 14,863,000.00 • 14,863,000.00 1915—Receipts 8,349,140. 90 8,349,140.90 Paid by the Treasurer and assistant treasurers of the United States: New Orleans 6,990,000.00 1,359,140.90 6,990,000.00 1,359,14Q. 90 San Francisco , Total 8,349,140. 90 8,349,140.90 1916—Receipts X 41,328,754.30 41,3% 754.30 Paid by the Treasurer and assistant treasurers of the United States: New Orleans .... 10,825.000. 00 28,453,754.30 2,050,000.00 10,825,000.00 28,453,754.30 2,050,000.00 San Francisco Cincinnati Total 41,328,754.30 41,328,754.30 1917—Receipts 137,134,936.88 137,134,936.88 Paid by the Treasurer and assistant treasurers of the United States: New Orleans . 1,090,000.00 135,994,936.88 50,000.00 1,090,000.00 135,994,936.88 50,000.00 San Francisco Cincinnati Total 137,134,936.88 137,134,936.88 1919—Receipts.. .. 14,727,113.59 14,727,T13.59 Paid by the Treasurer and assistant treasurers of the United States: San Francisco. 14,727,113.59 14,727,113.59 Note.—There were no deposits in the calendar year 1918. TELEGRAPHIC TRANSFERS FOR PROCEEDS OF FOREIGN COIN. In order to facilitate payments for the proceeds of imported gold coin and bullion the department deemed it advisable to allow such deposits to be made in San Francisco and Philadelphia, for which payments were made by wire through this office at New York. 38 REPORT OF THE TREASURER OF THE UNITED STATES. The transactions, by months, for the fiscal years 1916, 1917, 1918, and 1919 are recorded in the statement following: Month. Deposited at— Total paid at New York. San Francisco. Philadelphia. 1915. July August $7,749,079.99 11,995,339.96 11,885,914.40 7,923,320.08 3,592,048. 85 628,759.47 88,079.88 5,584,711.76 25,766.13 $7,749,079.99 11,995,339.96 11,885,914.40 7,923,320.08 3,592,048.85 628,759.47 88,079. 88 5,584,711.76 25,766.13 September October November December 1916. J anuary February March. April May June 247,569.12 $42,583,933.45 42,831,502.57 Total 49,720,589.64 42,583,933.45 92,304,523.09 1916. July 93,000. 00 2,582,000. 00 4,838,317.67 5,070,440.27 9,706,001.09 7,297,858.33 4,890,078.37 5,340,700.22 7,441,632.33 5,183,888.29 155,200.00 286,300. 00 21,811,619.32 9,683,500.15 19,548,239.51 16,500,000. 00 2,930,857.74 49,112,182.11 8,605,431.18 27,944,314. 56 40,136,253.58 14,388,267. 85 21,904,619.32 12,265,500.15 24,386,557.18 21,570,440.27 12,636,858.83 56,410,040.44 13,495,509.55 33,285,014. 78 47,577,885.91 19,572,156.14 155,200.00 286,300.00 August September.. October N ovember December ♦ R 1917. January February March. April May June ;• |^.’d Total 52,885,416. 57 210,660,666. 00 263,546,082.57 " 1917. July 224,885.65 224,885.65 14,782,281.95 August 14,782,281.95 September October 1,732,904. 67 252,840.64 178,905.96 801,728. 75 90,626.45 275,142.26 730,200.82 213,000.00 1,945,904.67 252,840.64 178,905.96 801,728.75 90,626.45 275,142.26 730,200.82 N ovember December 1918. January February March..". April May.. ... • June Total 4,287,235.20 14,995,281.95 19,282,517.15 1918. July 2,800,000. 00 2,800,000.00 August September October November December. 1919. January 7,082.67 7,082.67 February March..". April May June Total 2,807,082.67 2,807,082.67 REPORT OF THE TREASURER OF THE UNITED STATES. 39 DEPOSITS OF GOLD BULLION AT MINTS AND ASSAY OFFICES. The deposits of gold bullion at the mints and assay offices during the fiscal years 1917, 1918, and 1919 may be observed in the statement following: Office. 1917 1918 1919 Philadelphia $213,343,639.49 $20,605,432.61 $2,530,769. 64 San Francisco 101,808,631.53 46', 716,115.29 48; 509i 672.05 Denver 31, 896'920.93 26,988,564.40 io; 851; 292.84 New York 562' 921' 649. 73 220,752,168.90 70,693,314.25 New Orleans 461;193.94 513,813. 72 848,616.06 Carson 197' 010. 52 270i 830.61 335,762.89 Helena 942,070. 82 1,134,313.62 749', 109.67 Boise 720'126.12 ' 535i 783. 02 403,608.63 Deadwood 231,675.99 131,391.93 383,011.77 Seattle 11,139,659.59 9,223,588. 65 4,329,694.38 Salt Lake City 38,773.04 42,861.49 IL 080.56 Total 923,701,351.70 326,914,864.24 139,645,932.74 SHIPMENTS OF CURRENCY FROM WASHINGTON. The currency distributed from the Treasury in Washington to the subtreasuries, banks, and others during the fiscal year 1919 amounted to $492,966,596, against $844,415,479 during the preceding 12 months. The money sent out is principally in exchange for worn and unfit paper currency presented for redemption. Comparison of the shipments for the fiscal years 1918 and 1919 is made in the statement following: Fiscal year 1918. Fiscal year 1919. Number of packages. Total amount. Number of packages. Total amount. By registered mail 92,199 $702,254,546 75,801 $365,279,614 By express 23;154 142; 160; 933 13; 012 127; 686; 982 Total 115,353 844,415,479 88,813 492,966,596 RECOINAGE IN THE FISCAL YEARS 1918 AND 1919. The amounts of uncurrent gold, silver, and minor coins withdrawn from circulation and reminted during the fiscal years 1918 and 1919 were as follows: Denominations. Fiscal year 1918. Fiscal year 1919. Face value. Loss reimbursed. Face value. Loss reimbursed. Double, eagles $620,100.00 893,260.00 1,768,580.00 6.00 7,340.00 30.00 $2,138,420.00 3,078,730.00 6,562,125.00 81.00 42,672.50 223.00 Eagles TTalf eagles Three-doll ar pieces Quarter eagles "Dollars Total gold TTalf dollars 3,289,316.00 $848. 74 11,822,251.50 $12,882.12 224,850.50 299,550.00 120.80 185,635.70 846.85 96.15 227,815.50 284,200.00 23.80 165,747.40 382.20 131.10 Quarter dollars Twenty-pent pieces Dimes TTalf dimes Throe-pent pieces Total silver Minor coins Aggregate 711,100.00 53,010.41 678,300.00 50,720.02 135,950.00 7,393.60 125,890.00 7,656.32 4,136,366.00 61,252.75 12,626 441.50 71,258.46 40 REPORT OF THE TREASURER OF THE UNITED STATES. REDEMPTION OF FEDERAL RESERVE AND NATIONAL CURRENCY. During the fiscal year 1919 the National Bank Redemption Agency redeemed and counted into its cash currency the net proceeds of which amounted to 8603,914,628.55. Of this sum 8358,427,738.05 was in national-bank notes, 8183,906,797.50 in Federal reserve notes, 860,722,113.50 in Federal reserve bank notes, and 8857,979.50 in United States currency. The national-bank notes redeemed represented 51.42 per cent of the average amount in circulation. Payment for currency redeemed and counted into cash was made as follows: In Treasurer’s checks, 818,418,673.20; in United States currency, 8173,265,442.78, and by credits of 8412,230,512.57 in various accounts. The notes of all issues assorted amounted to 8524,465,382.50 and were delivered as follows: Amount. Per cent. National-bank notes: Fit for use, returned to banks of issue $28,599,350.00 257,543,020.00 23,453,567.50 9.24 83.19 7.57 Unfit for use, delivered to the Comptroller of the Currency for— Destruction and reissue Destruction and retirement Federal reserve bank notes: Fit for use, returned to banks 309,595,937.50 100.00 2,688,700.00 32,967,000.00 882,820.00 7.36 90.22 2.42 Unfit for use, delivered to the Comptroller of the Currency for— Destruction and reissue Destruction and retirement Federal reserve notes: Fit for use, returned to banks 36,538,520.00 100.00 37,297,650.00 141,033,275.00 20.91 79.09 Unfit for use, delivered to the Comptroller of the Currency for destruction. 178,330,925.00 100.00 In addition to the currency actually redeemed and taken into the cash, the agency counted and delivered during the year 8701,857,330 in Federal reserve notes which were sent in by the Federal reserve banks of issue for credit of their respective Federal reserve agents. The agency also had received and had on hand at the close of the year uncounted cash receipts amounting to 88,954,763, mostly in 81 and 82 Federal reserve bank notes, and 8269,410,260 in Federal reserve notes sent in by Federal reserve banks direct for credit of their respective agents. On account of the incomplete audits of the agency expenses for the fiscal year the rates of assessment upon the banks are not available as this report goes to press, and such rates and the total of the expenses will be published in the annual report for 1920. The expenses incurred in the redemption of national-bank notes during the fiscal year 1918 were assessed upon the banks in proportion to their notes redeemed and was at the rate of 80.817229 per 81,000. There being only 12 Federal reserve banks, their notes can be assorted with more facility than national-bank notes, and this condition appears to warrant a difference in rates to bring about an equitable distribution of expense; therefore the rate charged Federal reserve banks on notes redeemed in the ordinary course of business during the fiscal year 1918 was 80.41880208 per 81,000. REPORT OF THE TREASURER QF THE UNITED STATES. 41 The vast amount of Federal reserve notes and Federal reserve bank notes in circulation in addition to the normal circulation of over 700,000,000 in national-bank notes has thrown upon the agency a task with which it is utterly unable to cope unless it is provided with a sufficient increase of force, and its needs along this line have been set forth in my recent communication submitting an estimate for a deficiency appropriation for the increase of force needed for the remainder of the fiscal year 1920. SPECIAL TRUST FUNDS. The Treasurer of the United States is custodian, under provisions of law or by direction of the Secretary of the Treasury, of several special trusts, consisting of bonds and other obligations. The kinds of bonds or obligations held on each account and transactions therein during the fiscal year 1919 are set out in the statement following: Accounts and kinds. Held June 30, 1918. State bonds belonging to the United States: Louisiana State bonds North Carolina State bonds Tennessee State bonds United States bonds held under special provisions oil aw: Manhattan Sav-in^s Institution $37,000.00 58,000.00 335,666.66? 75,000.00 1,320,000.00 84,285.00 20,134.72 3,963,440.00 545,480.00 46,000.00 3,247,332.11 5,645,224,750.00 1,137,000.00 623.75 430,000.00 60,845,000.00 3,064,850.50 Held for the District of Columbia: United States bonds for account District of Columbia sinking fund. Chesapeake and Ohio Canal bonds. Board of audit certificates Held for the board of trustees, Postal Savings System: Postal savings bonds. Held for the Secretary of War: Captured bonds of the State of Louisiana Obligations belonging to the Lincoln Farm Association Held for the Secretary of the Treasury: Panama Railroad notes Certificates of indebtedness to secure loans to foreign Governments under act of Congress, approved Apr. 24, 1917, Sept. 24, 1917, as amended Bonds held subject to the order of the Director General of Railroads Donations to the Government Bonds held to secure Government funds in Federal land banks Farm loan bonds held under act of Congress approved Jan. 18,1918.. Bonds held in trust for Alien Property Custodian— Trust account Investment account Held for account Secretary of Interior: Indian trust funds _ Held as security for internal revenue taxes.. . Held as security for performance of Held for account Employes’ Compen-sat ion Commission .... Held for account United States Air Service.. Held for account of contracts performed under internal revenue act, 1918 Total 5,720,434,562.74? Fiscal year 1919. Held June 30, 1919. Deposited. Withdrawn. $37,000.00 58,000.00 335,666.66? 75,000.00 $1,837,500.00 $875,000.00 2,282,500.00 84,285.00 20,134.72 26,325,160.00 30,288,600.00 545,480.00 46,000.00 » 3,247,332.11 3,674,303,336.66 7,570,000.00 9,311,958,086.66 21,400,000.00 2,989.50 600,000.00 400.00 21,937,000.00 3,213.25 1,900,000.00 1,830,000.00 500,000.00 83,604,500.00 8,564,500.00 135,885,000.00 10,493,529.50 129,939,000.00 697,360.00 55,166,000.00 12,861,020.00 74,773,000.00 8,564,650.00 8,564,650.00 406,250.00 406,250.00 62,950.00 6,950.00 56,000.00 5,000.00 5,000.00 250,000.00 250,000. 00 7,100.00 7,100.00 3,959,101,965.66 75,310,210.00 9,604,226,318.40? 42 REPORT OF THE TREASURER OF THE UNITED STATES. • The State of North Carolina has authorized and appointed commissioners to take under consideration a plan for settling the indebtedness of that State to the United States, but Congress postponed action on a measure providing for representatives on the part of the Government. Commissioners representing the Government and the State of Tennessee, under provisions of law, have now under consideration a plan for settling with that State. It is apparent that some progress has been made toward a settlement with the two States named in the foregoing for the unpaid matured bonds of those States belonging to the United States. The bonds held for the Manhattan Savings Institution are in trust for that institution as indemnity for certain stolen bonds, as provided by act of December 19, 1878 (20 Stat., 589), and will be held for such time as, in the judgment of the Secretary of the Treasury, will secure the Treasurer of the United States against loss. The snecial trust held for the District of Columbia represents, first, investments on account of the sinking fund; and, second, obligations that belong to the District of Columbia. The special trust held for the board of trustees, Postal Savings System, consists of postal savings bonds, and Liberty loan bonds, representing investments made by said board. Recommendation has been made to Congress for authority to return to the State of Louisiana the bonds of that State captured at Shreveport by the Union forces during the War of the Rebellion, now held as a special deposit by the Secretary of War. The special trusts held for the Secretary of the Treasury are composed of notes of the Panama Railroad Co., drawing 4 per cent interest, payable to the United States, and is security for money advanced for the equipment and construction of said railroad; and interest-bearing obligations of foreign Governments payable to the United States, purchased at par from such Governments engaged in war with the enemies of the United States, act of April 24, 1917. DISTRICT OF COLUMBIA. During the fiscal year 1919 there was issued $2,700 in District of Columbia 3.65 per cent bonds, while the funded debt retired amounted to $4,750, thus reducing the bonded debt of the District of Columbia to $5,577,700. A net purchase for the sinking fund of $835,000 in United States bonds was made during the year, making a total of $2,492,500 of such bonds held in trust as an offset against the outstanding debt of the District of Columbia. There has been no change in the old securities of the District of Columbia held in the care and custody of the Treasurer, and they are as follows: Chesapeake & Ohio Canal bonds, $84,285, and board of audit certificates, $20,134.72; while in the District of Columbia contractors’ guarantee fund there is also a balance of $132.51 uncalled for. REPORT OF THE TREASURER OF THE UNITED STATES. 43 The many and varied tasks which the immense transactions of the Government impose on the Treasurer’s office involve vast responsibility. They have been performed with alacrity, accuracy, and high intelligence. In every branch the work grew rapidly during the past fiscal year; the details of receipts and disbursements show that maximums were attained in the ordinary revenues as well as those of the public debt. The volume of work done has been large and its excellence notable. It has tested the capacity, the fidelity, and efficiency of the staff, the chiefs of division, the clerks, and of every person employed. Recognition and commendation have been well earned and are cordially extended. Respectfully, John Burke, Treasurer of the United States. Hon. Carter Glass, Secretary of the Treasury. < APPENDIX. No. 1.-—Receipts and disbursements for the fiscal year 1919, as shown by warrants issued. Account. Receipts. Disbursements. Repayments from unexpended appropriations. Counter credits to appropriations. Customs $183,428,624. 78 3,840,230,994.85 1,404,705.12 610,867,285.88 11,575,535.25 Internal revenue Lands Miscellaneous District of Columbia $16,565,433. 74 2,862,947,442.79 29,120,861.52 221,614,781.44 4,090,752,889.78 2,062,433.96 343,511.15 11,385,894.63 9,773,378.04 9,063,045,920.39 1,981,736,919.08 34,593,256.69 615,867,337.32 $798,531.99 100,707,247.43 5,047,057. 98 1,401,879.16 29,100,823.18 58,887.37 $826,531.40 43,167,383.86 1,627,527.25 32.13 170,718,302.83 Miscellaneous series Interior: Civil Pensions Treasury Post Office Department proper... Postal deficiencies War, Civil 2,531,151.44 123,067.83 1,269,570,256.08 57,945,805.08 2,162,049.76 32,101,356.27 33,021.66 170,217.97 199,769,846.64 2,137,805,601.90 108,580.74 597.52 Navy, Civil War.. Navy Indians Interest on public debt Total 4,647,507,145.88 289,260.00 6,777,046. 55 29,053,042,498.25 22,644,757. 50 18,939,810,060. 53 1,501.548,113.57 2,554,227,643. 90 Postal savings bonds. . Panama Canal............. 12,265,775.08 15,813,848,116. 63 23,717,892.50 2,480,233.48 5,000.00 5,299,059.18 2,000.00 Public debt Redemption national-bank notes. Aggregate 33,730,260,708.18 34,789,641,844.74 1,504,033,347. 05 2,559,528,703.08 No. 2.-—Receipts and disbursements for service of the Post Office Department for the fiscal year 1919. Office. Balance June 30, 1918. Washington $31,378,913. 29 Receipts and disbursements by postmasters for quarter ended— Sept. 30,1918 Dec. 31, 1918 Mar. 31, 1919 June 30, 1919 Total Fiscal year 1919. Balance June 30, 1919. Receipts. Disbursements. $238,319,274. 41 71,743,390.30 73,573,751.92 70,769,156.44 71,357,425.76 $252,646,244.60 71,743,390. 30 73,573,751.92 70,769,156.44 71,357,425.76 $17,051,943.10 J. 525,762,998.83 540,089,969.02 I No. 3.—Distribution of the general Treasury balance June 30, 1919. W ashington........................................................................ Baltimore.......................................................................... New York........................................................................... Philadelphia....................................................................... Boston............................................................................. Cincinnati......................................................................... Chicago............................................................................ St. Louis.......................................................................... New Orleans........................................................................ San Francisco...................................................................... Mints and assay offices............................................................ Federal land banks................................................................. 44 $170,775,642. 68 43,936,641. 44 507,703,897. 70 61,696,200.29 95,549,187.47 49,747,495.83 263,002,944.10 86,590,192. 67 52,038,278.97 97,147,457.25 2,343,871,055.76 500,000.00 REPORT OF THE TREASURER OF THE UNITED STATES, 45 Federal reserve banks.............................. .................... Special depositaries......,............................................. $55,300,485.16 905,411,514. 76 National banks.......................................................................... Foreign depositaries.................................................................... Treasury of Philippine Islands.......................................................... In transit.............................................................................. $960,711,999.92 41,123,406.30 22,885,165.93 7,758,105. 57 78,397,434. 54 4,883,435,106. 42 1,748,334,476.53 Total......................................................................... Deduct: Agency accounts on books of Treasurer United States.............. 332,248,377.43 Gold settlement fund, act June 21, 1917.......................... 1,416,086,099.10 General account...................................................................... 3,135,100,629.89 Deduct: Trust funds, act Mar. 14,1900................................................... 1,755,956,669.00 Balance, including the gold reserve.............................................. 1,379,143,960.89 No. 4.—Assets and liabilities of the Treasury offices June 30, 1919. Washington. Baltimore. New York. Philadelphia. Boston. ASSETS. Gold coin Standard silver dollars Subsidiary silver coin United States notes Treasury notes of 1890 $5,306,819.34 44,131,628.00 681,327.87 1,818,256. 00 $6,324,992. 50 5,068,650. 00 913,100.00 4,603,800.00 $15,317,345.00 60,166,387.00 2,263,727.00 637,134.00 $20,137,990. 20 5,963,688.00 1,141,770.20 293,787.00 $20,849,160. 80 1,690,208.00 660,034.45 819,153.00 106.00 803,900.00 65,248,650.00 2,413,001.00 2,981,235.00 12,195.00 106,326.00 281,744.47 85,377.10 12,852.61 Gold certificates (active) Gold certificates (inactive) Silver certificates (active) Silver certificates (inactive)... Federal reserve notes Federal reserve bank notes... National-bank notes Unclassified (unassorted cur- rency, etc.) Minor coin Certified cheeks on banks Total LIABILITIES. Outstanding checks and war-rants 811,650.00 5,847,000.00 2,559,510.00 15,518,390.50 24,278,988.50 68,030,939.18 1,746,686.14 75,597.47 6,012,500.00 12,184,000.00 5,625,897.00 670,000.00 2,285,800.00 25,377,000.00 395,820,000.00 410,000.00 2,600,000.00 8,167,820.00 513,000.00 30,870,000.00 229,046.00 245,000.00 2,563,522.00 138,000.00 308,540.23 69,510. 79 567,900.00 57,491.65 108,651.32 18,903.95 30,000.00 627,250.28 102,490. 47 124,197.28 170,806,793.00 44,204,790.52 511,512,359.92 62,841,741.43 95,963,943.43 Disbursing officer’s balances.. Post Office Department ac- 190,719.08 2,897,473.83 826,620.15 290,183.30 Bank notes, 5 per cent redemp-tion account Other deposit and redemption accounts Board of trustees, Postal Sav- 31,150.32 77,430.00 910,988.39 318,920.99 124,572.66 Redemption fund, Federal re- Redemption fund, Federal re- Retirement of additional circulating notes, act of May 30 1908 Total agency account... Balance to credit of mints and 31,150.32 268,149.08 3,808,462. 22 1,145,541.14 414,755.96 Balance general account Total 170,775,642.68 43,936,641.44 507,703,897. 70 61,696,200.29 95,549,187. 47 170,806,793.00 44,204,790.52 511,512,359.92 62,841,741.43 95,963,943. 43 46 REPORT OF THE TREASURER OF THE UNITED STATES. No. 4.—.Assets and liabilities of the Treasury offices June 30, 1919—Continued. Cincinnati. Chicago. St. Louis. New Orleans. San Francisco ASSETS. Gold coin 818,376,507.73 3,350,887.00 823,606.30 392,240.00 8100,875,692.88 4,171,428.00 419,582. 75 425,696.00 839,130,429.22 2,932,800.00 558,987.00 1,065,400.00 2,000.00 981,830.00 40,700,170.00 212,208.00 689,000.00 554,500.00 13,300.00 77,500.00 94,439.05 41,305.75 $2,018,497.30 11,648,734.00 592,854.90 872,099.00 3,733.00 1,313,860.00 31,772,500.00 436,699.00 884,000.00 2,546,474.00 116,766.00 109,261.00 24.75 46,285.44 $65,255,552.50 17,903,610.00 410,537.65 811,500.00 2,000.00 10,494,830.00 Standard silver dollars Subsidiary silver coin United States notes Treasury notes of 1890 Gold certificates (active).... Gold certificates (inactive).. Silver certificates (active)... Silver certificates (inactive). Federal reserve notes 200,740.00 22,256,000.00 185,693.00 856,000.00 4,046,790.00 383,140.00 140,445,000.00 8,302,551.00 5,638,000.00-4,190,266.00 1,054,100.00 1,155,190.00 Federal reserve bank notes. National-bank notes 49,588.00 6,028.44 54,486.47 136,867.00 24,499.39 62,536.57 121,500.00 235,477.79 5,220.83 Unclassified (unassorted currency, etc.) Minor coin Total 50,598,566.94 265,075,259.59 87,053,869.02 52,361,788.39 97,449,518.77 LIABILITIES. Disbursing officer’s balances. Other deposit and redemption accounts 798,436.11 52,635.00 1,692,403.49 379,912.00 442,601.95 21,074.40 233,709.42 89,800.00 139,855.67 162,205.85 Board of trustees, Postal Savings System Total agency account. Balance general account.... Total 851,071.11 49,747,495.83 2,072,315.49 263,002,944.10 463,676.35 86,590,192.67 323,509.42 52,038,278.97 302,061.52 97,147,457.25 50,598,566.94 265,075,259.59 87,053,869.02 52,361,788.39 97,449,518.77 No. 5.—Assets of the Treasury in the custody of mints and assay offices June 30, 1919. Boise. Carson City. Deadwood. Helena. ASSETS. Gold bullion Silver bullion $22,850.57 $9,053.35 1,190.38 32,305.43 $348.65 13.88 47,546.73 $71,898.42 Balance with Treasurer United States.. Total 91,178.67 41,912.13 114,029.24 42,549.16 47,909.26 113,810.55 Salt Lake City. Seattle. New York. New Orleans. ASSETS. Gold coin $4,196.70 953,856,745.57 Gold bullion Standard silver dollars $3,450.47 $200,509.90 $213,571.93 Silver bullion 991,834.92 21,811.91 Unclassified Balance with Treasurer United States.. Total 21,351.57 874,673.19 35,128,600.73 62,658.21 24,802.04 1,075,183.09 989,981,377.92 298,042.05 > Denver. Philadelphia. San Francisco. Total. ASSETS. Gold coin Gold bullion Standard silver dollars Subsidiary silver coin Silver bullion Gold certificates, active Minor coin Unclassified $271,010,515.00 169,975,366.01 718,202.00 984,506.40 2,539,648.36 20,000.00 31,070.16 108,350.00 2,118,075.71 $135,937,100.00 293,353,418.07 48,249,313.00 202,756.40 4,548,566.96 100,000.00 129,525.28 $1,136,535.00 386,028,669.63 21,395,700.00 1,201,971.30 8,320,851.81 553,408.00 44,302.80 $408,088,346.70 1,803,735,882.57 70,363,215.00 2,389,234.10 16,423,918.22 673,408.00 204,898.24 108,350.00 41,883,802.93 Balance with Treasurer United States.. Total 1,783,692.86 1,681,807.70 447,505,733.64 484,304,372.57 420,363,246.24 2,343,871,055.76 REPORT OF THE TREASURER OF THE UNITED STATES. 47 No. 6.—General distribution of the assets and liabilities of the Treasury June 30, 1919. Treasury offices. Mint and assay offices. Designated depositaries of the United States. In transit. Total. ASSETS. Gold coin Gold bullion Standard silver dollars.. -Subsidiary silver coin.... Silver bullion $293,592,987.47 157,028,020.00 8,465,528.12 $408,088,346.70 1,803,735,882.57 70,363,215.00 2,389,234.10 16,423 918.22 $10,992,367.88 31,419.98 129,176.98 $712,673,702.05 1,803,767,302.55 227,391,235.00 10,983,939.20 16,423,918.22 13,818,465.00 8,839.00 69,336,858.00 745,143,320.00 23,212,705.00 11,582,000.00 44,227,987.50 24,421,249.50 United States notes Treasury notes of 1890... Gold certificates, active.. Gold certificates in reserve vaults of assistanttreasurers 11,739,065.00 7,839.00 46,892,450.00 745,143,320.00 673,408.00 2,079,400.00 1,000.00 21,771,000.00 Silver certificates, active. Silver certificates in reserve vaults of assistanttreasurers 21,428,705.00 11,582,000.00 44,009,987.50 24,421,249.50 69,367,881.18 3,382 182 19 1,784,000.00 Federal reserve notes 218,000.00 Federal reserve bank notes National bank notes 267,110.00 69,634,991.18 3,490,532.19 892,802.67 155,953.84 425,940.50 500,000.00 Unclassified (unassorted currency, etc.) 108,350.00 204,898.24 Minor coifu Certified checks on banks '651'462.21 155,953.84 36,442.22 Interest on public debt paid 425,940.50 Deposits in Federal land banks $500,000.00 55,300,485.16 Deposits in Federal reserve banks 55,300,485.16 905,411,514.76 84,598,545.59 39,321,823.18 Deposits in special depositaries (act Apr. 24, 1917) 905,411,514.76 84,598,545.59 Deposits in national banks, etc Public moneys in transit to or from national banks, etc 39,321,823.18 Total available assets Balance with Treasurer United States 1,437,868,631.01 2,301,987,252.83 41,883,802.93 1,045,810,545.51 77,057,680.74 4,862,724,110.09 41,883,802.93 1,339,753.80 Warrants and checks paid but not cleared.... 1,339,753.80 Aggregate 1,437,868,631.01 2,343,871,055.76 1,045,810,545.51 78,397,434.54 4,905,947,666.82 LIABILITIES. Outstanding warrants and checks 9,145,305.59 1,654,540,496.74 21,482,001.63 17,051,943.10 22,473,804.75 25,903,324.53 7,743,397.88 205,230,742.20 9,534,850.00 275,100.00 Disbursing officers’ balances: On books of Treasurer United States. On books of assistant treasurers, banks, etc Post Office Department account Bank-note 5 per cent redemption account Other1 deposit and redemption account Board of trustees, Postal Savings System Redemption fund: Federal reserve notes. Federal reserve bank notes. Retirement of additional circulating notes (act May 30,1908) Assets of insolvent national banks 1,236,360.25 Total agency accounts 1,974,617,326.67 41,883,802.93 1,416,086,099.10 1,473,360,438.12 Balance to credit of mints and assay offices Balance to credit gold settlement fund, Federal Reserve Board. Balance general account. Aggregate 4,905,947,666.82 48 REPORT OF THE TREASURER OF THE UNITED STATES. No. 7.—’Available assets and net liabilities of the Treasury at the close of June, 1918 and 1919. June 30, 1918. June 30, 1919. ASSETS. Gold: Coin $740,946,725.40 1,739,008,241.69 $712,673,702.05 1,803,767,302.55 Bullion Total 2,479,954,967.09 2,516,441,004.60 Silver: Dollars 421,990,403.00 14,878,278.45 13,372,347.04 227,391,235.00 10,983,939.20 16,423,918.22 Subsidiary coin Bullion Total 450,241,028.49 254,799,092.42 Paper: United States notes 6,638,204.00 6,886.00 28,319,840.00 186,895.00 21,149,418.63 757,849,000.00 30,003,532.00 1,536,896.08 13,818,465.00 8,839.00 44,227,987. 50 24,421,249.50 69,634,991.18 814,480,178.00 34,794,705.00 3,490,532.19 Treasury notes of 1890 Federal reserve notes Federal reserve bank notes National-bank notes Gold certificates Silver certificates Unclassified (unassorted currency) Total 845,690,671.71 1,004,876,947.37 Other: Minor coin - - 3,132,800.04 42,014.03 63,817,988.46 430,000.00 1,560,852,810.12 45,587,376.99 1,944,354. 41 892,802.67 155,953.84 55,300,485.16 500,000.00 990,010,060.35 39,321,823.18 425,940.50 Certified checks on banks Deposits in Federal reserve banks Deposits in Federal land banks Deposits in national banks, etc Public moneys in transit to and from national banks Interest on the public debt paid Total 1,675,807,344.05 1,086,607,065.70 Aggregate 5,451,694,011.34 4,862,724,110.09 LIABILITIES. Outstanding warrants and checks Disbursing officers’ balances 5,714,161.22 37,140,675.93 31,378,913.29 27,951,572.12 17,900,250.20 7,369,091.83 88,462,375.00 583,700.00 893,595.00 910,631.76 605,856.76 22,821,755.43 17,051,943.10 22,473,804.75 25,903,324.53 7,743,397. 88 205,230,742. 20 9,534,850.00 275,100.00 1,236,360. 25 Post Office Department account Bank-note 5 per cent redemption account Other deposit and redemption accounts Board of trustees. Postal Savings System Redemption fund: Federal reserve notes.. - Federal reserve bank notes. Retirement of additional circulating notes, act of May 30, 1908 Assets of insolvent national banks Total agency account 281,304,866.35 5,155,139.85 312,877,134.90 311,537,381.10 Less warrants and checks paid, but not cleared Total 213,149,726.50 1,973,277,572.87 General account: Gold certificates 1,784,480,669.00 409,215,000.00 1,858,000.00 1,205,082,010.00 152,979,025.63 1 1,684,929,580.21 1,550,259,669.00 203,943,000.00 1,754,000.00 1,416,086,099.10 152,979,025.63 U,226,164,935.26 Silver certificates Treasury notes of 1890 Gold settlement fund, Federal Reserve Board Reserve fund Balance Total 5,238,544,284.84 4,551,186,728.99 Aggregate 5,451,694,011.34 4,862,724,110.09 Including credits to disbursing officers. REPORT OF THE TREASURER OF THE UNITED STATES. 49 No.8—Assets and liabilities of the Treasury in excess of certificates and Treasury notes at the close of June, 1918 and 1919. ASSETS. Gold coin and bullion................. Silver dollars and bullion............ Subsidiary silver coin................ United States notes................... Federal reserve notes................. Federal reserve bank notes............ National-bank notes................... Minor coin............................ Certified cheeks on banks............. Deposits in Federal reserve banks..... Deposits in Federal land banks........ Deposits in national banks, etc....... Interest on public debt paid.......... Unclassified (unassorted currency).... Total........................... LIABILITIES. Agency account........................ Gold settlement fund.................. Reserve fund.......................... Balance............................... Total........................... June 30, 1918. June 30,1919. $1,453,323,298.09 54,300,168.04 14,878,278.45 6,638,204.00 . 28,319,840.00 186,895.00 21,149,418.63 3,132,800.04 42,014.03 85,377,872.21 430,000.00 1,584,880,303.36 1,944,354.41 1,536,896.08 $1,780,661,513.60 72,921,697.22 10,983,939.20 13,818,465.00 44,227,987.50 24,421,249.50 69,634,991.18 892,802.67 155,953. 84 85,473,381.25 500,000.00 999,158,987.44 425,940.50 3,490,532.19 3,256,140,342.34 3,106,767,441.09 213,149,726.50 1,205,082,010.00 152,979,025.63 1 1,684,929,580.21 311,537,381.10 1,416,086,099.10 152,979,025.63 1 1,226,164,935.26 3,256,140,342.34 3,106,767,441.09 i Including credits to disbursing officers. No. 9.—Estimated stock of gold coin and bullion, the amount in the Treasury, and the amount in circulation at the end of each month, from January, 1913. Months. Gold coin. Gold bullion. Total. 1913—January: Estimated stock In the Treasury In circulation $1,619,631,581 1,002,577,743 617,053,838 1,611,790,988 1,001,433,247 610,357,741 1,610,221,955 1,003.086,482 607,135,473 1,614,806,056 1,003,100,279 611,705,777 1,615,906,704 1,005,902,275 610,004,429 1,619,645,807 1,011,245,008 608,400,799 1,620,395,858 1,014,380,245 606,015,613 1,619,821,973 1,014,255,078 605,566,895 1,622,569,037 1,011,834,007 610,735,030 1,622,919,249 1,008,441,048 614,478,201 1,622,737,965 989,523,176 633,214,789 $255,994,537 255,994,537 $1,875,626,118 1,258,572,280 617,053,838 1,867,220,698 1,256,862,957 610,357,741 1,858,569,894 1,251,434,421 607,135,473 1,867,087,085 1,255,381,308 611,705,777 1,861,369,895 1,251,365,466 610,004,429 1,870,761,835 1,262,361,036 608,400,799 1,872,993,458 1,266,977,845 606,015,613 1,881,440,176 1,275,873,281 605,566,895 1,895,438,245 1,284,703,215 610,735,030 1,901,901,516 1,291,423,315 614,478,201 1,917,498,443 1,284,283,654 633.214.789 February: Estimated stock In the Treasury *. In circulation 255,429,710 255,429,710 March: Estimated stock In the Treasury In circulation 248,347,939 248,347,939 April: Estimated stock In the Treasury In circulation 252,281,029 252,281,029 May: Estimated stock In the Treasury In circulation 245,463,191 245,463,191 June: Estimated stock In the Treasury In circulation 251,116,028 251,116,028 July: Estimated stock In the Treasury 252,597,600 252,597,600 August: Estimated stock In the Treasury 261,618,203 261,618,203 September: Estimated stock In the Treasury 272,869,208 272,869,208 October: Estimated stock In the Treasury 282,982,267 282,982,267 November: Estimated stock ...... In the Treasury In circulation 294,760,478 294,760,478 142530—19---4 50 REPORT OF THE TREASURER OF THE UNITED STATES. No. 9.—Estimated stock of gold coin and bullion, the amount in the Treasury, and the amount in circulation at the end of each month, from January, 1913—Continued, fegj Months. 1913—December: Estimated stock_____________________________________ In the Treasury......................... . In circulation............................... 1914—January: Estimated stock..................................... In the Treasury......................... In circulation............................. February: Estimated stock............................... In the Treasury............................ In circulation............................. March: Estimated stock.............................. In the Treasury............................... In circulation............................. April: Estimated stock............................... In the Treasury............................ In circulation............................. May: Estimated stock............................... In the Treasury............................ In circulation............................. June: Estimated stock............................... In the Treasury............................ In circulation............................. July: Estimated stock............................... In the Treasury............................ In circulation............................. August: Estimated stock............................... In the Treasury............................ In circulation............................. September: Estimated stock................................ In the Treasury............................ In circulation............................. October: Estimated stock............................... In the Treasury............................ In circulation............................... November: Estimated stock............................... In the Treasury............................ In circulation........................... December: Estimated stock............................... In the Treasury............................. In circulation............................. . 1915—January: Estimated stock..................................... In the Treasury............................ In circulation............................. February: Estimated stock............................... In the Treasury............................ In Federal reserve banks................... In circulation............................. March: Estimated stock............................... In the Treasury............................ In Federal reserve banks.................. In circulation............................. April: Estimated stock............................... In the Treasury............................ In Federal reserve banks................... In circulation............................ May: Estimated stock............................... In the Treasury............................ In Federal reserve banks................... In circulation.........'................... June: Estimated stock............................... In the Treasury........................... In Federal reserve banks............ - In circulation........................... Gold coin. Gold bullion. Total. $1,619,466,495 $304,894,011 $1,924,360,506 985,526,339 304,894,011 1,290,420,350 633,940,156 633,940,156 1,612,351,123 304,462,433 1,916,813,556 1,001,541,269 304,462,433 1,306,003,702 610,809,854 610,809,854 1,619,256,944 301,011,804 1,920,268,748 1,007,349,353 301,011,804 1,308,361,157 611,907,591 611,907,591 1,621,312,295 305,866,923 1,927,179,218 1,015,670,170 305,866,923 1,321,537,093 605,642,125 605,642,125 1,635,522,039 307,040,068 1,942,562,107 1,022,750,586 307,040,068 1,329,790,654 612,771,453 612,771,453 1,632,425,128 298,916,981 1,931,342,109 1,016,993,548 298,916,981 1,315,910,529 615,431,580 615,431,580 1,597,061,185 293,595,606 1,890,656,791 985,516,504 293,595,606 1,279,112,110 611,544,681 611,544,681 1,602,212,854 285,057,810 1,887,270,664 969,880,263 285,057,810 1,254,938,073 632,332,591 632,332,591 1,553,435,886 291,166,796 1,844,602,682 926,331,510 291,166,796 1,217,498,306 627,104,376 627,104,376 1,565,772,896 296,065,368 1,861,838,264 907,828,703 296,065,368 1,203,894,071 657,944,193 657,944,193 1,535,505,931 299,910,367 1,835,416,298 869,651,712 299,910,367 1,169,562,079 665,854,219 665,854,219 1,513,772,657 303,349,043 1,817,121,700 876,219,214 303,349,043 1,179,568,257 637,553,443 637,553,443 1,511,021,004 304,955,315 1,815,976,319 879,413,405 304,955,315 1,184,368,720 631,607,599 631,607,599 1,510,940,265 312,806,847 1,823,747,112 887,889,901 312,806,847 1,200,696,748 623,050,364 623,050,364 1,512,242,461 320,186,494 1,832,428,955 903,276,748 320,186,494 1,223,463,242 2,080,382 2,080,382 606,885,331 606,885,331 1,545,713,687 330,612,852 1,876,326,539 926,399,814 330,612,852 1,257,012,666 4,681,023 4,681,023 614,632,850 614,632,850 1,544,314,057 344,828,408 1,889,142,465 940,270,017 344,828,408 1,285,098,425 5,112,334 5,112,334 598,931,706 598,931,706 1,558,274,545 356,511,451 1,914,785.996 961,699,627 356,511,451 1,318,211,078 5,097,814 5,007,814 591,567,104 591,567,104 1,606,405,032 379,134,140 1,985,539,172 1,003,825,849 379,134,140 1,382,959,989 12,445,564 12,445,564 590,133,619 590,133.619 REPORT OF THE TREASURER OF THE UNITED STATES. 51 . No. 9.—Estimated stock of gold coin and bullion, the amount in the Treasury, and the amount in circulation at the end of each month, from January, 1913—Continued. Months. Gold coin. Gold bullion. Total. 1915—July: Estimated stock..................................... In the Treasury............................ In Federal reserve hanks1.................. In circulation............................. August: Estimated stock............................... In the Treasury............................ In Federal reserve banks1................. In circulation............................. eptember: Estimated stock............................ In the Treasury............................ In Federal reserve banks1.................. In circulation............................. October: Estimated stock............................... In the Treasury............................ In Federal reserve banks1.................. In circulation............................. November: Estimated stock............................... In the Treasury............................ In Federal reserve banks1.................. In circulation............................. December: Estimated stock............................... In the Treasury............................ In Federal reserve banks1.............. In circulation............................. 1916—January: Estimated stock..................................... In the Treasury............................ In Federal reserve banks1.................. In circulation............................. February: Estimated stock............................... In the Treasury........................ In Federal reserve banks1.................. In circulation............................. March: Estimated stock............................... In the Treasury..........................'.. In Federal reserve banks1.................. In circulation............................. April: Estimated stock............................... In the Treasury............................ In Federal reserve banks1.................. In circulation........................... May: Estimated stock............................... In the Treasury............................ In Federal reserve banks1.................. In circulation............................. June: Estimated stock............................... In the Treasury............................ In Federal reserve banks1.................. In circulation............................. July: Estimated stock............................... In the Treasury............................ In Federal reserve banks1.................. In circulation............................. August: Estimated stock.........;..................... In the Treasury............................ In Federal reserve banks1.................. In circulation............................. September: Estimated stock............................... In the Treasury............................ In Federal reserve banks1.................. In circulation............................. October: Estimated stock............................... In the Treasury............................ In Federal reserve banksx .............. In circulation............................. $1,609,389,496 1,006,197,947 6,629,902 596,561,647 1,630,824,172 1,046,997,337 8,113,902 575,712,933 1,678,047,249 1,054,277,614 7,791,913 615,977,722 1,659,276,361 1,053,365,001 8,802,513 597,108,847 1,662,657,527 1,050,801,172 8,513,793 603,342,562 1,663,659,191 1,042,686,440 8,411,713 612,561,038 1,666,707,103 1,041,309,598 4,893,788 620,503,717 1,657,670,137 1,037,436,368 7,892,798 612,340,971 1,653,095,326 1,033,408,382 8,704,808 610,982,136 1,654,852,512 1,020,712,024 8,263,680 625,876,808 1,645,729,537 1,009,666,848 7,575,650 628,487,039 1,646,049,150 999,836,878 8,963,000 637,249,272 1,629,865,962 988,604,438 9,101,852 632,159,672 1,626,760,022 986,226,237 10,712,581 629,821,204 1,627,718,734 972,236,900 10,581,518 644,900,316 1,623,661,859 962,603,201 10,845,130 650,123,528 $397,010,043 397,010,043 425,907,966 425,907,966 463,735,010 463,725,010 538,837,401 538,837,401 598,030,020 598,030,020 648,785,298 648,785,298 661,714,732 661,714,732 661,303,190 661,303,190 663,853,094 663,853,094 664,695,892 664,695,892 685,765,297 685,785,297 803,657,055 803,657,055 870,363,602 870,363,602 921,481,451 921,481,451 1,008,290,834 1,008,290,834 1,076,475,117 1,076,475,117 $2,006,399,539 1,403,207,990 6,629,902 596,561,647 2,056,732,138 1,472,905,303 8,113,902 575,712,933 2,141,782,259 1,518,012,624 7,791,913 615,977,722 2,198,113,762 1,592,202,402 8,802,513 597,108,847 2,260,687,547 1,648,831,192 8,513,793 603,342,562 2,312,444,489 1,691,471,738 8,411,713 612,561,038 2,328,421,835 1,703,024,330 4,893,788 620,503,717 1,318,973,327 1,698,739,558 7,892,798 612,340,971 2,316,948,420 1,697,261,476 8,704,808 610,982,136 2,319,548,404 1,685,407,916 8,263,680 625,876,808 2,331,494,834 1,695,432,145 7,575,650 628,487,039 2,449,706,205 1,803,493,933 8,963,000 637,249,272 2,500,229,564 1,858,968,040 9,101,852 632,159,672 2,548,241,473 1,907,707,688 10,712,734 629,821,204 2,636,009,568 1,980,527,734 10,581,518 644,900,316 2,700,136,976 2,059,168,318 10,845,130 650,123,528 1 Includes the gold reserve held by banks against issues and gold deposited by banks with agents to retire Federal reserve notes in circulation. 52 REPORT OF THE TREASURER OF THE UNITED STATES. No. 9.—Estimated stock of gold coin and bullion, the amount in the Treasury, and the amount in circulation at the end of each month, from January, 1913—Continued. Months. Gold coin.. Gold bullion. Total. 1916—November: Estimated stock In the Treasury In Federal reserve banks1 Tn circulation §1,602,505,726 920,810,390 12,327,028 669,368,308 1,599,867,870 909,629,129 10,535,651 679,702,890 1,607,168,087 945,359,389 10,817,349 650,991,349 1,594,009,695 927,601,704 13,901,389 652,506,602 1,586,127,578 907,545,727 11,243,789 667,338,062 1,570,152,746 880,865,554 11,075,769 678,211,423 1,538,020,003 822,376,016 14,512,603 701,131,384 1,468,606,409 248,636,882 183,880,000 1,036,089,527 §1,139,163,765 1,139,163,765 §2,741,669,491 2,059,974,155 12,327,028 669,368,308 2,864,841,650 2,174,602,909 10,535,851 679,702,890 2,912,465,116 2,250,656,418 10,817,349 650,991,349 2,968,355,434 2,301,947,443 13,901,389 652,506,602 December: Estimated stock In the Treasury In Federal reserve banks1 In circulation 1,264,973,780 1,264,973,780 1917—January: Estimated stock In the Treasury In Federal reserve banks1 In circulation 1,305,297,029 1,305,297,029 February: Estimated stock In the Treasury ; In Federal reserve banks1 In circulation 1,374,345,739 1,374,345,739 March: Estimated stock In the Treasury In Federal reserve banks1 - In circulation . 1,502,777,230 1,502,777,230 3,088,904,808 2,410,322,957 11,243,789 667,338,062 3,121,887,443 2,432,600,251 11,075,769 678,211,423 April: Estimated stock In the Treasury In Federal reserve banks1 In circulation 1,551,734,697 1,551,734,697 May: Estimated stock In the Treasury In Federal reserve banks L In circulation 1,550,691,269 1,550,691,269 2,088,711,272 2,373,067,285 14,512,603 701,131,384 June: Estimated stock In the Treasury In Federal reserve banks1 In circulation 1,550,540,154 1,550,540,154 3,019,146,563 1,799,177,036 183,880,000 1,036,089,527 July: Estimated stock 93,086,218,498 1,744,796,476 In the Treasury In Federal reserve banks1 185,713,000 In circulation 1,155,709,022 August: Estimated stock 3,062,614,285 In the Treasury 1,707,612,513 In Federal reserve bonks i 203,041,000 In circulation.. . 1,151,960,772 3,035,390,720 1,740,203,486 September: Estimated stock In the Treasury In Federal reserve hanks1 259,899,000 In circulation 1,035,288,234 3,041,549,041 1,679,295,700 340,637,000 October: Estimated stock In the Treasury In Federal reserve hanks1 In circulation 1,021,616,341 3,040,472,040 1,586,091,216 November: Estimated stock... In the Treasury In Federal reserve banks1 389,210,005 1,065,170,819 In circulation December: Estimated stock .................. 3,040,439,343 1,555,389,072 512,489,005 In the Treasury In Federal reserve banks1 In circulation 972,561,266 3,038,545,652 1,515,769,763 1918—January: Estimated stock .. In the Treasury.. In Federal reserve banks1 483,218,105 In circulation 1,039,557,784 3,041,643,270 1,486,008,215 567,765,605 987,869,451 February: Estimated stock In the Treasury In Federal reserve banks1 In circulation 1 Includes the gold reserve held by banks against issues and gold deposited by banks with agents to retire Federal reserve notes in circulation. REPORT OF THE TREASURER OF THE UNITED STATES. 53 No, 9..—Estimated stock of gold coin and bullion, the amount in the Treasury, and the amount in circulation at the end of each month, from January, 1913—Continued. Months. Gold coin. Gold bullion. Total. 1918—March: Estimated stock $3,042,708,319 1,456,598,124 556,330,610 1,029,779,585 3,042,711,222 1,419,402.731 559,085,860 1,064,222,631 3,043,879,782 1,369,151,384 688,212,860 986,515,538 3,075,788,838 1,274,872,957 686,838,455 1,114,077,426 3,080.767,801 1,256,097,140 656,622,355 1,168,048,306 3,079,300,229 1,220,965,949 795,775,890 1,062,568,390 3,079,094,009 1,215,067,219 901,278,790 962,748,000 3,079,784,766 1,221,906,269 911,992,785 945,885,712 3,080,043,323 1,216,785,060 926,250,175 937,008,088 3,080,510,011 1,212,551,926 957,226,380 910,731,705 3,085,459,209 1,192,291,031 953,886,460 939,281,718 3,084,213,002 1,206,885,911 892,402,860 984,924,231 3,092,415,909 1,178,503,126 823,232,860 1,090,679,923 3,092,430,916 1,175,497,665 810,022,860 1,106,910,391 3,092,037,699 1,162,503,556 829,277,860 1,100,256,283 3,026,591,090 1,100,354,206 813,882,860 1,112,353,324 In the Treasury In Federal reserve banks1 In circulation April: Estimated stock In the Treasury In Federal reserve banks1 In circulation May: Estimated stock In the Treasury In Federal reserve banks1 In c ir culation June: Estimated stock In the Treasury In Federal reserve banks1 In circulation July: Estimated stock In the Treasury In Federal reserve banks1 In circulation August: Estimated stock In the Treasury In Federal reserve banks 1 In circulation .............................. September: Estimated stock........................ In the Treasury In Federal reserve banks 1 Tn circulation October: Estimated stock In the Treasury In Federal reserve banks1 In circulation November: Estimated stock In the Treasury In Federal reserve banks1 Tn ci rcul ation December: Estimated stock In the Treasury In Federal reserve banks1 In circulation .............................. 1919—January: Estimated stock In the Treasury In Federal reserve banks 1 In circulation ................................ February: Estimated stock.............................. In the Treasury In Federal reserve banks1 Tn circulation March: Estimated stock In the Treasury In Federal reserve banks 1 In circulation April: Estimated stock Tn the Treasury In Federal reserve banks1 In circulation May: Estimated stock Tn the Treasury In Federal reserve banks1 In circulation June: Estimated stock In the Treasury In Federal reserve banks1................... In circulation ‘Includes the gold reserve held by banks against issuesand gold deposited by banks with agents to retire Federal reserve notes in circulation. 54 REPORT OF THE TREASURER OF THE UNITED STATES. No. 10.—Estimated stock of silver coin, the amount in the Treasury, and the amount in circulation at the end of each month, from January, 1913; also silver other than stock held in the Treasury. Months. Standard dollars. Subsidiary silver. Total. Other silver items held. 1913—January: Estimated stock. In the Treasury. In circulation... February: Estimated stock. In the Treasury. In circulation... March: Estimated stock. In the Treasury. In circulation... April: Estimated stock. In the Treasury. In circulation... May: Estimated stock. In the Treasury. In circulation... June: Estimated stock. In the Treasury. In circulation... July: Estimated stock. In the Treasury. In circulation... August: Estimated stock. Ip the Treasury. In circulation... September: Estimated stock. In the Treasury . In circulation... October: /Estimated stock. In the Treasury. In circulation... November: Estimated stock. In the Treasury. In circulation... December: Estimated stock. In the Treasury. In circulation... 1914—January: Estimated stock. In the Treasury. In circulation... February: Estimated stock. In the Treasury. In circulation... March: Estimated stock. In the Treasury. In circulation... April: Estimated stock. In the Treasury. In circulation... May: Estimated stock. In the Treasury. In circulation... June: Estimated stock. In the Treasury. In circulation... July: Estimated stock. In the Treasury. In circulation... August: Estimated stock. In the Treasury. In circulation... $565,505,020 492,256,2«3 73,248,737 565,536,020 492,968,177 72,567,843 565,556,020 493,269,843 72,286,177 565,569,020 403,372,856 72,196,164 565,590,020 493,494,137 72,095,883 565,613,263 493,486,070 72,127,193 565,633,020 493,459,589 72,173,431 565,649,020 493,129,262 72,519,758 565,666,263 492,381,773 73,284,490 565,683,263 491,671,111 74,012,152 565,699,263 491,629,463 74,069,800 565,718,263 491,313,043 74,405,220 565,734,263 493,027,602 72,706,661 565,754,263 493,559,703 72,194,560 565,772,263 494,156,794 71,615,469 565,792,263 494,761,028 71,031,235 565,813,263 495,133,181 70,680,082 565,833,478 495,532,993 70,300,485 565,840,263 495,858,521 69,981,742 565,858,263 495,039,178 70,819,085 $174,667,638 20,621,533 154,046,105 174,897,996 21,562,760 153,335,236 174,981,948 21,865,085 153,116,863 175,087,365 21,624,333 153,463,032 175,299,876 21,179,158 154,120,718 175,195,996 20,737,926 154,458,070 175,582,664 20,174,519 155,408,145 175,645,870 19,493,192 156,152,678 175,617,585 17,829,718 157,787,867 176,239,292 15,753,104 160,486,188 177,470,510 14,411,274 163,059,236 178,306,350 14,036,410 164,269,940 178,931,955 18,057,610 160,874,345 179,530,024 19,293,038 160,236,986 180,060,441 20,295,772 159,764,669 180,764,269 21,358,200 159,406,069 181,200,547 21,571,234 159,629,313 182,006,687 22,040,989 159,965,698 182,447,433 22,318,627 160,128,806 182,819,021 21,924,920 160,894,101 $740,172,658 512,877,816 227,294,842 740,434,016 514,530,937 225,903,079 740,537,968 515,134,928 225,403,040 740,656,385 514,997,189 225,659,196 740,889,896 514,673,295 226,216,601 740,809,259 514,223,996 226,585,263 741,215,684 513,634,108 227,581,576 741,294,890 512,622,454 228,672,436 741,283,848 510,211,491 231,072,357 741,922,555 507,424,215 234,498,340 743,169,773 506,040,737 237,129,036 744,024,613 505,349,453 238,675,160 744,666,218 511,085,212 233,581,006 745,284,287 512,852,741 232,431,546 745,832,704 514,452,566 231,380,138 746,556,532 516,119,228 230,437,304 747,013,810 516,704,415 230,309,395 747,840,165 517,573,982 230,266,183 748,287,696 518,177,148 230,110,548 748,677,284 516,964,098 231,713,186 $4,449,634 4,555,187 4,609,071 4,680,186 4,719,810 4,724,332 4,786,288 4,765,712 4,636,036 4,512,126 4,471,221 4,159,606 4,793,788 5,241,912 5,466,186 5,322,762 5,846,759 5,293,184 5,754,180 6,213,100 REPORT OF THE TREASURER OF THE UNITED STATES. 55 No. 10.—Estimated stock of silver coin, the amount in the Treasury, and the amount in circulation at the end of the month, from January, 1913; also silver other than stock held in the Treasury—Continued. Months. Standard dollars. Subsidiary silver. Total. Other silver items held. 1914—September: Estimated stock In the Treasury In circulation . $565,878,478 495,154,167 70,724,311 565,886,478 495,613,027 70,273,451 565,904,478 493,172,527 69,731,951 565,921,478 496,600,375 69,321,103 565,941,478 498,319,556 67,621,922 565,953,478 499,162,568 66,790,910 565,975,478 499,995,016 65,980,462 568,272,478 503,033,956 65,238,522 568,272,478 503,382,352 64,890,126 568,271,655 503,624,499 64,647,156 568,272,478 503,871,807 64,400,671 568,271,655 503,840,456 64,431,199 568,271,655 503,179,123 65,092,532 568,271,655 502,547,846 65,723,809 568,271,655 502,100,844 66,170,811 568,271,655 501,583,433 66,688,222 568,271,655 502,438,092 65,833,563 568,270,900 502,748,787 65,522,113 568,270,900 502,891,010 65,379,890 568,270,900 502,538,415 65,732,485 t $183,059,092 21,493,978 161,565,114 183,644,414 21,174,024 162,470,390 184,100,675 21,015,502 163,085,173 184,533,627 20,670, 681 163,862,946 184,797,402 24,462,626- 160,334,776 184,883,474 25,728,109 159,155,365 185,158,009 26,551,441 158,606,568 185,067,966 26,793,168 158,274,798 185,293,874 26,522,495 158,771,379 185,430,250 26,164,295 159,265,955 185,476,523 26,298,677 159,177,846 185,887,011 26,277,417 159,609,594 186,827,583 24,730,213 162,097,370 186,730,386 22,482,129 164,248,257 188,695,357 20,752,006 167,943,351 189,128,969 19,149,756 169,979,213 189,099,208 21,415,959 167,683,249 187,514,641 21,754,343 165,760,298 187,466,970 21,330,907 166,136,063 187,569,944 20,214,874 167,355,070 $748,937,570 516,648,145 232,289,425 749,530,892 516,787,051 232,743,841 750,005,153 517,188,029 232,817,124 750,455,105 517,271,056 233,184,049 750,738,880 522,782,182 227,956,698 750,836,952 524,890,677 225,946,275 751,133,487 526,546,457 224,587,030 753,340,444 529,827,124 223,513,320 753,566,352 529,904,847 223,661,505 753,701,905 529,788,794 223,913,111 753,749,001 530,170,484 223,578,517 754,158,666 530,117,873 224,040,793 755,099,238 527,909,336 227,189,902 755,002,041 525,029,975 229,972,066 756,967,012 522,852,850 234,114,162 757,400,624 520,733,189 236,667,435 757,370,863 523,854,051 233,516,812 755,785,541 524,503,130 23^ 282,411 755,737,870 524,221,917 231,515,953 755,840,844 522,753,289 233,087,555 $6,189,563 October: Estimated stock In the Treasury In circulation 6,020,731 November: Estimated stock In the Treasury.... .... In circulation 5,841,623 December: Estimated stock In the Treasury In circulation 5,730,944 1915—January: Estimated stock In the Treasury ..... In circulation 5,851,712 February: Estimated stock In the Treasury In circulation ' 6,185,071 March: , Estimated stock In the Treasury In circulation 6,231,306 April: Estimated stock In the Treasury In circulation 4,096,495 May: Estimated stock In the Treasury In circulation 4,174,661 June: Estimated stock In the Treasury In circulation 4,273,678 July: Estimated stock In the Treasury In circulation 4,311,219 August: Estimated stock In the Treasury In circulation 4,534,669 September: Estimated stock In the Treasury In circulation 5,746,208 October: Estimated stock In the Treasury In circulation 5,509,685 November: Estimated stock In the Treasury In circulation 5,001,271 December: Estimated stock In the Treasury In circulation .................. 5,245,175 1916—January: Estimated stock In the Treasury In circulation 5,663,965 February: Estimated stock In the Treasury Tn circulation 5,474,613 March: Estimated stock In the Treasury Tn circulation ............... 5,571,144 April: Estimated stock In the Treasury In circulation 5,627,050 56 REPORT OF THE TREASURER OF THE UNITED STATES. No. 10.—Estimated stock of silver coin, the amount in the Treasury, and the amount in circulation at the end of each month, from January, 1913; also silver other than stock held in the Treasury—Continued. Months. Standard dollars. Subsidiary silver. Total. Other silver items held. 1916— May: E stimated stock In the Treasury In circulation §568,270,900 502,294,179 65,976,721 568,270,319 501.855,387 66,414,932 568,270,900 501,456,673 66,814,227 568,270,900 500,679,775 67,591,125 568,270,319 498,720,398 69,549,921 568,270,319 497,918,585 70,351,734 568,270,319 497,122,776 71,147,543 568,270,319 495,939,455 72,330,864 568,270,319 497,122,618 71,147,701 568,270,319 497,028,251 71,242,068 568,270,319 497,255,113 71,015,206 568,270,061 497,060,487 71,209,574 568,270,061 496,810,883 71,459,178 568,269,513 496,444,138 71,825,375 568,270,061 496,459,886 71,810,175 568,270,061 495,761,577 72,508,484 568,269,513 494,329,363 73,940,150 568,269,513 492,329,255 75,940,258 568,269,513 491,454,206 76,815,307 568,269,513 490,400,160 77,869,353 §187,401,488 18,868,932 168,532,556 188,858,483 17, 440,437 171,418,046 187,493,358 16,743,003 170,750,355 188,015,961 15,929,801 172,086,160 189,869,616 11,396,107 178,473,509 189,695,716' 9,160,753 180,534,963 190,781,166 4,800,723 185,980,443 193,495,082 3,323,762 190,171,320 193,622,020 5,661,467 187,960,553 194,368,949 5,037,994 189,330,955 196,317,289 4,965,377 191,351,912 197,815,088 6,247,131 191,567,957 197,992,189 4,800,417 193,191,772 198,274,719 4,422,622 193,852,097 199,470,159 4,494,741 194,975,416 200,837,387 3,761,213 197,076,174 204,044,123 1,982,226 202,061,897 209,864,245 1,980,121 207,884,124 214,465,300 1,962,947 212,502,353 218,226,579 1,791,850 216,434,729 §755,672,388 521,163,111 234,509,277 757,128,802 519,295,824 237,832,978 755,764,258 518,199,676 237,564,582 756,286,861 516,609,576 239,677,285 758,139,935 510,116,505 248,023,430 757,966,035 . 507,079,338 250,886,697 759,051,485 501,923,499 257,127,986 761,765,401 499,263,217 262,502,184 761,892,339 502,784,085 259,108,254 762,639,268 502,066,245 260,573,023 764,587,608 502,220,490 262,367,118 766,085,149 503,307,618 262,777,531 766,262,250 501,611,300 264,650,950 766,544,232 500,866,760 265,677,472 767,740,218 500,954,627 266,785,591 769,107,448 499,522,790 269,584,658 772,313,636 496,311,589 276,002,047 778,133,758 494,309,376 283,824,382 782,734,813 493,417,153 289,317,660 786,496,092 492,192,010 294,304,082 §5,886,857 June: Estimated stocK In the Treasury In circulation... 6,050,811 July: : Estimated stock In the Treasury In circulation... 6,105,422 August: Estimated stock In the Treasury In circulation 5,614,972 September: Estimated stock... ’. In the Treasury In circulation 6,609,521 October: Estimated stock In the Treasury In circulation 6,466,311 November: Estimated stock In the Treasury In circulation 7,707,684 December: Estimated stock In the Treasury In circulation 7,051,804 1917—January: Estimated stock In the Treasury In circulation 5,399,554 February: Estimated stock In the Treasury In circulation 4,819,429 March: Estimated stock In the Treasury In circulation 4,591,759 April: Estimated stock In the Treasury In circulation 4,223,515 May: Estimated stock In the Treasury In circulation 5,603,099 June: Estimated stock In the Treasury In circulation 5,797,879 July: Estimated stock In the Treasury In circulation 5,288,690 August: Estimated stock In the Treasury In circulation 4,953,088 September: Estimated stock In the Treasury In circulation 5,527,523 October: Estimated stock In the Treasury In circulation 7,351,684 November: Estimated stock In the Treasury In circulation 7,283,098 December: i; ; • Estimated stock - - In the Treasury In circulation 7,174,477 REPORT OF THE TREASURER OF THE UNITED STATES. 57 No. 10.—Estimated stock of silver coin, the amount in the Treasury, and the amount in circulation at the end of each month, from January, 1913; also silver other than stock held in the Treasury. Months. Standard dollars. Subsidiary silver. Total. Other silver items held. 1918—January: Estimated stock $568,269,513 491,247,038 77,022,475 568,269,513 491,673,559 76,595,954 568,269,513 491,158,533 77,110,980 538,532,139 460,883,972 77,648,167 518,583,959 440,839,805 77,744,154 499,515,930 421,990,403 77,525,527 473,197,959 395,091,124 78,106,835 460,253,959 380,773,763 79,480,196 442,664,930 361,302,136 81,362,794 429,846,930 348,517,130 81,329,800 414,514,930 331,757,338 82,757,592 400,821,930 317,577,548 83,244,382 373,685,930 286,205,973 87,479,957 349,335,930 268,170,724 81,165,206 328,434,930 247,372,730 81,062,200 311,018,930 229,711,972 81,306,958 308,978,930 227,194,173 81,784,757 308,145,759 227,391,235 80,754,524 $221,081,713 6,465,587 214,616,126 222,805,182 8,392,651 214,412,531 225,971,720 10,667,733 215,303,987 228,034,831 12,772,325 215,262,506 231,646,325 15,603,258 216,043,067 231,856,580 14,878,278 216,978,302 232,222,651 13,294,197 218,928,454 231,874,845 10,592,279 221,282,566 232,403,832 5,991,787 226,412,045 235,004,206 3,874,531 231,129,675 237,904,206 3,488,477 234,415,729 241,263,989 3,331,153 237,932,836 242,203,752 8,258,055 233,945,697 242,742,373 11,287,225 231,455,148 243,387,418 12,445,046 230,942,372 243,896,606 12,640,150 231,256,456 243,679,762 12,314,657 231,365,105 242,870,438 10,983,939 231,886,499 $789,351,226 497,712,625 291,638,601 791,074,695 500,066,210 291,080,485 794,241,233 501,826,266 292,414,967 766,566,970 473,656,297 292,910,673 750,230,284 456,443,063 293,787,221 731,372,510 436,868,681 294,503,829 705,420,610 408,385,321 297,035,289 692,128,804 391,366,042 300,762,762 675,068,762 367,293,923 307,774,839 664,851,136 352,391,661 312,459,475 652,419,136 335,245,815 317,173,321 642,085,919 320,908,701 321,177,218 615,889,682 294,464,028 321,425,654 592,078,303 279,457,949 312,620,354 571,822,348 259,817,776 312,004,572 554,915,536 242,352,122 312,563,414 552,658,692 239,508,830 313,149,862 551,016,197 238,375,174 312,641,023 . In the Treasury $9,932,159 In circulation.’. February: Estimated stock In the Treasury 12,151,780 In circulation March: Estimated stock In the Treasury 7,976,946 In circulation April: Estimated stock In the Treasury 5,440,099 In circulation.”. May: Estimated stock In the Treasury 8,386,459 In circulation.”. June: Estimated stock In the Treasury 13,372,347 In circulation.”. July: Estimated stock In the Treasury 15,289,931 In circulation.’. . August: Estimated stock In the Treasury 18,002,411 In circulation.”. September: Estimated stock .*... In the Treasury 15,437,120 In circulation.”. October: Estimated stock In the Treasury 17,353,188 In circulation.”. November: Estimated stock In the Treasury 15,324,086 In circulation.”. December: Estimated stock In the Treasury 12,206,441 In circulation 1919—January: Estimated stock In the Treasury 20,033,086 In circulation February: Estimated stock In the Treasury 20,921,872 In circulation March: Estimated stock In the Treasury 13,791,909 In circulation............... April: Estimated stock . In the Treasury 17,572,068 In circulation May: Estimated stock In the Treasury 16,182,443 In circulation . June: Estimated stock In the Treasury 16,423,918 58 REPORT OF THE TREASURER OF THE UNITED STATES. No. 11.— United States notes, Treasury notes, Federal reserve notes, and national-bank notes outstanding, in the Treasury, and in circulation at the end of each month, from January, 1913. Months. United States notes. Treasury notes. Federal reserve notes. Nationalbank notes. Total. 1913—January: Outstanding . $346,681,016 9,971,816 336,709,200 346,681,016 7,729,631 338,951,385 346,681,016 8,560,513 338,120,503 346,681,016 8,456,369 338,224,647 346,681,016 7,845,947 338,835,069 346,681,016 9,465,836 337,215,180 346,681,016 8,057,253 338,623,763 346,681,016 7,436,157 339,244,859 346,681,016 6,854,562 339,826,454 346,681,016 5,279,603 341,401,413 346,681,016 5,778,535 340,902,481 346,681,016 6,640,146 340,040,870 346,681,016 11,544,256 335,136,760 346,681,016 7,471,326 339,209,690 346,681,016 5,214,427 341,466,589 346,681,016 6,271,854 340,409,162 346,681,016 6,688,925 339,992,091 346,681,016 8,835,369 337,845,647 346,681,016 9,677,117 337,003,899 346,681,016 7,427,272 339,253,744 82,773,000 7,089 2,765,911 2,742,000 9,843 2,732,157 2,722,000 6,886 2,715,114 2,709,000 13,766 2,695,234 2,688,000 9,639 2,678,361 2,660,000 3,330 2,656,670 2,645,000 4,361 2,640,639 2,629,000 3,195 2,625,805 2,607,000 4,250 2,602,750 2,590,000 6,126 2,583,874 2,574,000 7,786 2,566,214 2,555,000 4,947 2,550,053 2,539,000 7,916 2,531,084 2,519,000 6,765 2,512,235 2,501,000 8,841 2,492,159 2,481,000 8,693 2,472,307 2,460,000 9,195 2,450,805 2,439,000 11,237 2,427,763 2,433,000 12,981 2,420,019 2,415,000 12,576 2,402,424 $750,481,769 46,623,063 703,858,706 751,117,794 39,756,894 711,360,900 752,059,332 33,648,311 718,411,021 753,076,674 36,495,987 716,580,687 755,294,066 40,620,480 714,673,586 759,157,906 43,403,670 715,754,236 759,293,191 48,402,190 710,891,001 761,720,029 49,789,651 711,930,378 759,030,694 49,353,596 709,677,098 758,899,709 36,283,469 722,616,240 757,159,472 30,614,870 726,544,602 757,842,961 31,363,386 726,479,575 754,022,766 52,673,172 701,349,594 753,168,831 45,318,126 707,850,705 752,050,299 38,363,644 713,686,655 751,765,766 38,757,559 713,008,207 751,554,696 31,820,091 719,734,605 750,671,899 35,491,862 715,180,037 750,907,021 34,393,205 716,513,816 877,540,281 25,437,944 852,102,337 $1,099,935,785 56,601,968 1,043,333,817 1,100,540,810 47,496,368 1,053,044,442 1,101,462,348 42,215,710 1,059,246,638 1,102,466,690 44,966,122 1,057,500,568 1,104,663,082 48,476,066 1,056,187,016 1,108,498,922 52,872,836 1,055,626,086 1,108,619,207 56,463,804 1,052,155,403 1,111,030,045 57,229,003 1,053,801,042 1,108,318,710 56,212,408 1,052,106,302 1,108,170,725 41,569,198 1,066,601,527 1,106,414,488 36,401,191 1,070,013,297 1,107,078,977 38,008,479 1,069,070,498 1,103,242,782 64,225,344 1,039,017,438 1,102,368,847 52,796,217 1,049,572,630 1,101,232,315 43,586,912 1,057,645,403 1,100,927,782 45,038,106 1,055,889,676 1,100,695,712 38,518,211 1,062,177,501 1,099,791,915 44,338,468 1,055,453,443 1,100,021,037 44,083,303 1,055,937,734 1,226,636,297 32,877,792 1,193,758,505 In the Treasury.... In circulation February: Outstanding In the Treasury.... In circulation March: Outstanding In the Treasury.... In circulation April: Outstanding In the Treasury.... In circulation May: Outstanding ... In the Treasury.... In circulation June-Outstanding In the Treasury.... In circulation July: Outstanding In the Treasury.... In circulation August: Outstanding In the Treasury.... In circulation September: Outstanding • In the Treasury.... In circulation October: Outstanding .. In the Treasury.... In circulation November: Outstanding ... In the Treasury.... In circulation December: Outstanding In the Treasury.... In circulation 1914—January: Outstanding In the Treasury.... In circulation February: Outstanding In the Treasury.... In circulation .. March: Outstanding In the Treasury.... In circulation April: Outstanding . In the Treasury In circulation May: Outstanding . In the Treasury.... In circulation June: Outstanding In the Treasury In circulation .. July: Outstanding.... In the Treasury.... In circulation August: Outstanding In the Treasury.... In circulation REPORT OF THE TREASURER OF THE UNITED STATES. 59 No. 11.— United States notes, Treasury notes, Federal reserve notes, and national-bank notes outstanding, in the Treasury, and in circulation at the end of each month, from January, 1913—Continued. Months. United States notes. Treasury notes. Federal reserve notes. Nationalbank notes, i Total. 1914—September: Outstanding $346,681,016 9,706,776 336,974,240 $2,394,000 5,211 2,388,789 $1,077,884,776 27,015,607 1,050,869,169 $1,426,959,792 36,727,594 1,390,232,198 In the Treasury.... In circulation October: Outstanding 346,681,016 11,777,297 334,903,719 2,386,000 8,611 1,121,468,911 1,470,535,927 49,735,739 1,420,800,188 In the Treasury.... In circulation 37,949,831 1,083,519,080 2,377,389 November: gafEl Outstanding 346,681,016 27,703,240 318,977,776 2,368,000 9,155 $3,310,000 1,111,999,076 69,950,581 1,042,048,495 1,464,358,092 97,662,976 1,366,695,116 In the Treasury In circulation 2,358,845 3,310,000 December: Outstanding 346,681,016 36,268,000 310,413,016 - 2,351,000 9,759 2,341,241 17,199,225 1,039,711,021 65,208,492 974,502,529 1,405,942,262 101,486,251 1,304,456,011 In the Treasury.... In circulation 17,199,225 1915—January; Outstanding 346,681,016 . 26,969,790 2,331,000 9,032 20,554,725 24,000 982,206,133 1,351,772,874 129,711,074 In the Treasury.... In circulation 102,708,252 879,497,881 319,711,226 2,321,968 20,530,725 1,222,061,800 February: gs Outstanding 346,681,016 21,840,716 2,319,000 13,296 27,589,725 375,300 938,030,441 72,328,212 1,314,620,182 94,557,524 In the Treasury.... In circulation 324,840,300 2,305,704 27,214,425 865,702,229 1,220,062,658 March: Outstanding 346,681,016 17,734,659 2,297,000 11,465 41,685,500 949,370 899,547,980 56,932,010 1,290,211,496 75,627,504 In the Treasury.... In circulation 328,946,357 2,285,535 40,736,130 842,615,970 1,214,583,992 April: Outstanding 346,681,016 14,107,422 2,291,000 54,335,500 585,640 867,793,067 52,960,728 1,271,100,583 67,666,883 In the Treasury.... In circulation 13', 093 2,277,907 332,573,594 53,749,860 814,832,339 1,203,433,703 May: Outstanding 346,681,016 14,442,525 2,270,000 10,856 67,755,500 2,365,800 840,287,948 38,034,479 1,256,994,464 54,853,660 In the Treasury.... In circulation 332,238,491 2,259,144 65,389,700 802,253,469 1,202,140,804 June: Outstanding 346,681,016 14,338,770 2,254,000 9,313 84,260,500 3,885,850 819,273,593 33,880,546 1 252,469 109 In the Treasury.... In circulation 52,114,479 1,200,354,630 332,342,246 2,244,687 80,374,650 785,393,047 July: Outstanding 346,681,016 12,517,467 2,245,000 7,511 98,130,500 4,918,200 804,601,373 32,812,920 1,251,657,889 50,256,098 In the Treasury.... In circulation 334,163,549 2,237,489 93,212,300 771,788,453 1,201,401,791 August: Outstanding 346,681,016 10,072,178 2,222,000 3,297 110,300,500 6,112,255 793,786,807 27,740,942 1,252,990,323 43,928,672 In the Treasury.... In circulation. 336,608,838 2,218,703 104,188,245 766,045,865 1,209,061,651 September: Outstanding 346,681,016 8,966,535 2,214,000 140,360,000 7,594,725 786,736,460 26,233,368 1,275,991,478 42,798,466 In the Treasury.... In circulation 3,840 2,210,160 337,714,481 132,765,275 760,503,092 1,233,193,008 October: Outstanding 346,681,016 5,941,978 2,202,000 3,212 169,160,000 9,301,145 779,917,681 23,718,799 1,297,960,697 38,965,134 In the Treasury.... In circulation 340,739,038 2,198,788 159,858,855 756,198,882 1,258,995,563 November: Outstanding 346,681,016 5,876,890 2,187,000 3,479 188,605,000 11,127,580 776,365,653 22,980,617 1,313,838,669 39,988,566 In the Treasury.... In circulation. 340,804,126 2,183,521 177,477,420 753,385,036 1,273,850,103 December: Outstanding 346,681,016 6,164,584 2,178,000 9,576 214,125,000 771,337,208 24,657,238 1,334,321,224 41,223,418 In the Treasury.... In circulation 10,392,020 203,732,980 340,516,432 2,168,424 746,679,970 1,293,097,806 1916—January: Outstanding 346,681,016 7,865,973 2,167,000 8,148 218,370,000 13,040,330 767,392,068 30,479,827 1,334,610,084 51,394,278 In the Treasury.... In circulation 338,815,043 346,681,016 6,039,430 2,158,852 2,151,000 4,379 205,329,670 194,416,350 3,823,845 736,912,241 765,996,283 24,696,195 1,283,215,806 1,309,244,649 34,563,849 February: Outstanding In "the Treasury.... In circulation 340,641,586 2,146,621 190,592,505 741,300,088 1,274,680,800 March: Outstanding 346,681,016 5,932,762 2,139,000 3,825 190,233,050 2,504,770 763,176,661 22,817,467 1,302,229,727 31,258,824 In the Treasury.... In circulation 340,748,254 a July, 1915, ir 2,135,175 (eludes Fede 187,728,280 ral reserve bank 740,359,194 notes. 1,270,970,903 1 Fror 60 REPORT OF THE TREASURER OF THE UNITED STATES. No 11.— United States notes, Treasury motes, Federal reserve notes, and national-bank notes outstanding, in the Treasury, and in circulation at the end of each month, from January, 1913—'Continued. Months. United States notes. Treasury notes. Federal reserve notes. Nationalbank notes. Total. 1916—April: $346,681,016 $2,126,000 $185,313,350 $760,654,876 $1,294,775,242 In the Treasury 6,208,593 3,672 3,140,545 22,482,540 31,835,350 240,472,423 2,122,328 182,172,805 738,172,336 1,262,939,892 May: Oti t standing 346,681,016 2,117,000 184,339,050 756,779,143 1,289,916,209 In the Treasury.... 6,510,734 4,747 2,618,765 23,273,766 32,408,012 Tn cir culation 340,170,282 2,112,253 181,720,285 733,505,397 1,257,508,197 June: Outstanding 346,681,016 2,103,000 176,168,450 753,174,660 1,278,127,126 In the Treasury . 4,961,469 4,835 3,067,665 24,811,871 32,845,840 Tu circulation 341,719,547 2,098,165 173,100,785 728,362,789 1,245,281,286 July: 346,681,016 2,092,000 172,974,850 749,321,196 1,271,069,062 In the Treasury 5,336,387 2,953 2,939,155 25,659,107 33,937,602 341,344,629 2,089,047 170,035,695 723,662,089 1,237,131,460 August: 011 ts t and ing 346,681,016 2,084,000 184,708,300 744,493,851 1,277,967,167 In the Treasury 4,485,577 4,201 2,661,140 21,687,632 28,838,550 In circulation 342,195,439 2,079,799 182,047,160 722,806,219 1,249,128,617 September: 346,681,016 2,063,000 215,248,350 743,310,213 1,307,302,579 In the Treasury.... 4, 232; 944 4,831 2,702,945 18,609,405 25,550,125 Tn circulation 342,448,072 2,058,169 212,545,405 724,700,808 1,281,752,454 October: Outstanding 346,681,016 2,055,000 238,496,920 736,997,540 1,324,230,476 In the Treasury.... 4,977,143 5,769 2,245,315 18,245,522 25,473,749 In circulation 341,703,873 2,049,231 236,251,605 718,752,018 1,298,756,727 November: Outstanding 346,681,016 2,049,000 266,552,720 736,093,594 1,351,376,330 In the Treasury... - 6,472,677 5,976 1,932,035 17,133,710 25,544,388 In circulation 340,208,339 2,043,024 264,620,685 718,959,884 1,325,831,932 December: Outstanding_______ 346,681,016 2,044,000 300,106,180 738,651,270 1,387,482,466 In the Treasury.... 5,409,462 8,812 2,092,945 18,069,329 25,580,548 In circulation 341,271,554 2,035,188 298,013,235 720,581,941 1,361, 90i, 918 1917—January: Outstanding 346,681,016 2,032,000 289,242,030 732,960,456 1,370,915,502 In the Treasury.... 8', 726', 193 10,074 2,499,255 30,957,629 42,193,151 In circulation 337,954,823 2,021,926 286,742,775 702,002,827 1,328,722,351 February: Outstanding 346,681,016 2,020,000 338,934,225 729,568,150 1,417,203,391 In the Treasury.... 12,921,749 10,742 1,850,005 17,724,368 32,506,864 In circulation 333,759,267 2,009,258 337,084,220 711,843,782 1,384,696,527 March: Outstanding 346,681,016 2,011,000 383,147,575 728,788,265 1,460,627,856 In the Treasury.... 11,544,435 13,800 2,226,540 16,684,105 30,468,880 In circulation 335,136,581 1,997,200 380,921,035 712,104,160 1,430,158,976 April: Outstanding 346,681,016 1,994,000 451,743,460 728,563,947 1,528,982,423 In the Treasury.... 8,091,661 3,394 2,649,735 15,999,456 26,744,246 In circulation 338,589,355 1,990,606 449,093,725 712,564,491 1,502,238,177 May: Outstanding 346,681,016 1,984,000 496,268,610 727,494,250 1,572,427,876 In the Treasury.... 7,103;606 4,285 2,441,615 15,975,270 25,524,776 In circulation 339,577,410 1,979,715 493,826,995 711,518,980 1,546,903,100 June: Outstanding 346,681,016 1,976,000 547,407,960 728,210,255 1,624,275,231 In the Treasury.... 10,719,778 5,992 2,995,185 18,067,914 31,788,799 In circulation 335,961,238 1,970,078 544,412,775 710,142,341 1,592,486,432 July: Outstanding 346,681,016 1,967,000 584,169,800 728,483,362 1,661,301,178 In the Treasury.... 10,543,308 7,805 3,002,855 21,048,291 34,605,259 In circulation 336,134,708 1,959,195 581,166,945 707,435,071 1,626,695,919 August: Outstanding 346,681,016 1,960,000 644,911,800 730,346,605 1,723,899,421 In the Treasury.... 6,641,049 13,534 2,801,345 21,494,623 30,950,551 In Federal reserve 46,472,441 46,472,441 In circulation 340,039,967 1,946,466 595,638,014 708,851,982 1,646,476,429 September: Outstanding 346,681,016 1,945,000 758,807,485 729,010,242 1,836,443,743 In the Treasury.... 5,797,485 8,689 5,148,900 17,788,886 28,743,960 In Federal reserve 46,835,218 46,835,218 In circulation.. | 340,883,531 1,936,311 706,823,367 711,221,356 1,760,864,565 REPORT OF THE TREASURER OF THE UNITED STATES. 61 No. 11.— United States notes, Treasury notes, Federal reserve notes, and national-bank notes outstanding, in the Treasury, and in circulation at the end of each month, from January, 1913—Continued. Months. United Treasury Federal reserve National- Total. States notes. notes. notes. bank notes. 1917—October: Outstanding 8346,681,016 6,706,982 51,934,000 13,209 5928,843,720 7,355,240 $729,246,800 14,730,190 $2,006,705,536 28,805,621 In the Treasury,... In Federal reserve banks 55,742,770 865,745,710 55,742,770 1,922,157,145 In circulation 339,974,034 1,920,791 714,516,610 November: Outstanding 346,681,016 6,828,891 1,916,000 3,941 1,126,344,610 17,560,005 729,895,430 14,461,316 2,204,837,056 38,854,153 In the Treasury.... In Federal reserve banks 64,480,424 1,044,304,181 64,480,424 2,101,502,479 In circulation 339,852,125 1,912,059 715,434,114 December: Outstanding 346,681,016 8,781,228 1,913,000 4,937 1,350,764,025 23,577,065 731,817,795 14,361,696 2,431,175,836 46,724,926 In the Treasury In Federal reserve banks.... 99,943,770 1,227,243,190 99,943,770 2,284,507,140 In circulation 337,899,788 1,908,063 717,456,099 1918—January: Outstanding 346,681,016 13,849,488 1,907,000 6,502 1,269,669,370 27,961,820 730,166,700 23,726,586 2,348,424,086 65,544,396 In the Treasury In Federal reserve banks 124,463,410 1,117,244,140 124,463,410 2,158,416,280 In circulation 332,831,528 1,900,498 706,440,114 February: Outstanding 346,681,016 13,918,100 1,887,000 10,210 1,442,088,335 30,693,360 730,060,740 16,648,912 2,520,717,091 61,270,582 In the Treasury In Federal reserve banks 90,527,188 1,320,867,787 90,527,188 2,368,919,321 In circulation 332,762,916 1,876,790 713,411,828 March: Outstanding 346,681,016 11,485,378 1,879,000 4,311 1,563,969,405 31,449,191 732,581,552 15,162,050 2,645,110,973 58,100,930 In the Treasury In Federal reserve banks 96,796,790 1,435,723,424 96,796,790 2,490,213,253 In circulation 335,195,638 1,874,689 717,419,502 April: Outstanding 346,681,016 8,334,715 1,873,000 4,939 1,650,964,290 26,480,570 734,031,132 16,711,445 2,733,549,438 51,531,669 In the Treasury In Federal reserve banks 100,259,965 1,524,223,755 100,259,965 2,682,017,769 In circulation 338,346,301 1,868,061 717,319,687 May: Outstanding 346,681,016 7,055,564 1,865,000 7,073 1,736,547,925 35,501,730 737,668,675 17,897,382 2,822,762,616 In the Treasury In Federal reserve 60^461,749 banks 117,532,435 1,583,513,760 117,532,435 ’ 2,644,768,432 In circulation 339,625,452 1,857,927 719,771,293 June: Outstanding 346,681,016 6,638,204 1,858,000 6,886 1,847,580,445 28,319,840 739,649,485 21,336,314 2,935,768,946 56,301,244 In the Treasury In Federal reserve banks 106,186,350 1,713,074,255 106,186,350 2,773,281,352 In circulation 340,042,812 1,851,114 718,312,171 July: Outstanding 346,681,016 6,194,520 1,850,000 4,859 2,024,145,030 48,402,865 739,075,342 23,635,685 3,111,751,388 78,237,929 In the Treasury In Federal reserve banks 106,203,005 1,869,539,160 106,203,005 2,927,310,454 In circulation 340,486,496 1,845,141 .715,439,657 August: Outstanding 346,681,016 6,286,424 1,841,000 6,767 2,225,838,710 34,502,755 749,006,612 23,071,725 3,323,367,338 63,867,671 In the Treasury In Federal reserve banks 101,017,900 2,090,318,055 101,017,900 3,158,481,767 In circulation 340,394,592 1,834,233 725,934,887 September: Outstanding 346,681,016 8,271,404 1,841,000 9,642 2,525,432,760 38,370,746 764,731,730 21,214,490 3,638,686,506 67,866,282 In the Treasury In Federal reserve banks 122,055,890 2,365,006,124 122,055,890 3,448,764,334 In circulation 338,409,612 1,831,358 743,517,240 October: Outstanding 346,681,016 7,493,225 1,815,000 3,581 2,705,737,855 32,590,498 793,118,398 21,051,236 3,847,352,269 61,138,540 In the Treasury In Federal reserve banks 141,206,710 2,531,940,647 141,206,710 3,645,007,019 In circulation 339,187,791 1,811,419 772,067,162 62 REPORT OF THE TREASURER OF THE UNITED STATES. No. 11.— United States notes, Treasury notes, Federal reserve notes, and national-bank notes outstanding, in the Treasury, and in circulation at the end of each month, from January, 1913—Continued. Months. United States notes. Treasury notes. Federal reserve notes. Nationalbank notes. Total. 1918—No vember: Outstanding In the Treasury In Federal reserve banks $346,681,016 8,894,558 $1,814,000 4,743 $2,776,625,220 32,669,081 136,514,530 2,607,441,609 2,859,843,920 34,528,148 194,653,660 2,630,662,112 2,703,420,225 37,115,287 222,348,815 2,443,956,123 2,678,607,950 36,090,813 167,232,605 2,475,284,532 2,696,210,360 50,348,326 142,103,270 2,503,758,764 2,725,416,490 39,357,273 165,491,495 2,520,567,722 2,702,716,345 43,239,078 153,299,750 2,506,177,517 2,687,556,985 44,227,988 149,299,060 2,494,029,937 $813,807,885 21,101,273 $3,938,928,121 62,669,655 136,514,530 3,739,743,936 4,060,005,676 73,426,537 194,653,660 3,791,925,479 3,912,077,919 100,261,977 222,348,815 3,589,467,127 3,891,794,619 115,900,616 167,232,605 3,608,661,398 3,924,789,748 146,644,117 142,103,270 3,636,042,361 3,969,123,808 144,881,319 165,491,495 3,658,750,994 3,949,147,601 135,412,617 153,299,750 3,660,435,234 3,942,935,713 152,111,533 149,299,060 3,641,525,120 In circulation December: Outstanding In the Treasury In Federal reserve banks 337,786,458 346,681,016 8,900,115 1,809,257 1,808,000 4,893 792,706,612 851,672,740 29,993,381 In circulation 1919—January: Outstanding In the Treasury In Federal reserve banks 337,780,901 346,681,016 11,515,175 1,803,107 1,798,000 13,085 821,679,359 860,178,678 51,618,430 In circulation February: Outstanding In the Treasury In Federal reserve banks 335,165,841 346,681,016 12,866,438 1,784,915 1,786,000 6,760 808,560,248 864,719,653 66,936,605 In circulation March: Outstanding In the Treasury In Federal reserve banks 333,814,578 346,681,016 15,994,562 1,779,240 1,779,000 7,281 797,783,048 880,119,372 80,293,948 In circulation April: Outstanding In the Treasury In Federal reserve banks 330,686,454 346,681,016 15,500,199 1,771,719 1,771,000 4,734 799,825,424 895,255,302 90,019,113 In circulation May: Outstanding In the Treasury In Federal reserve banks 331,180,817 346,681,016 12,453,649 1,766,266 1,765,000 7,068 805,236,189 897,985,240 79,712,822 In circulation June: Outstanding In the Treasury In Federal reserve banks.... 334,227,367 346,681,016 13,818,465 1,757,932 1,754,000 8,839 818,272,418 906,943,712 94,056,241 In circulation 332,862,551 1,745,161 812,887,471 No. 12.—Gold certificates and silver certificates outstanding, in the Treasury, and in circulation at the end of each month, from January, 1913. Months. Gold certificates. Silver certificates. Total. 1913—January: Outstanding $1,086,351,169 $478,209,000 $1,564,560,169 In the Treasury 83,528,920 14,344,733 97,873,653 In circulation 1,002,822,249 463,864,267 1,466,686,516 February: Outstanding 1,082,198,169 469,324,000 1,551,522,169 In the Treasury 88,080,330 8,401,306 96,481,636 In circulation 994,117,839 460,922,694 1,455,040,533 March: Outstanding 1,068,610,169 474,826,000 1,543,436,169 In the Treasury 85,105,928 10,216,445 95,322,373 In circulation 983,504,241 464,609,555 1,448,113,786 April: Outstanding 1,075,198,169 480,597,000 1,555,795,169 In the Treasury 85,005,170 11,405,472 96,410,642 In circulation 990,192,999 469,191,528 1,459,384,527 May: Outstanding 1,079,407,169 483,067,000 1,562,474,169 In the Treasury 81,819,775 15,685,730 97,505,505 In circulation 997,587,394 467,381,270 1,464,968,664 REPORT OF THE TREASURER OF THE UNITED STATES. 63 No. 12.—Gold certificates and silver certificates outstanding, in the Treasury, and in circulation at the end of each month, from January, 1913—Continued. Months. Gold certificates. Silver certificates. Total. 1913—June: Outstanding $1,086,947,169 $483,550,000 $1,570,497,169 In the Treasury 82,949,460 14,421,408 97,370,868 In circulation -1,003,997,709 469,128,592 1,473,126,301 July: Outstanding. 1,092,252,169 483,869,000 1,576,121,169 In the Treasury 91,691,755 13,290,883 104,982,638 In circulation 1,000,560,414 470,578,117 1,471,138,531 August: Outstanding 1,101,842,169 '487,853,000 1,589,695,169 In the Treasury 95,822,940 16,056,827 111,879,767 In circulation 1,006,019,229 471,796,173 1,477,815,402 September: Outstanding 1,091,006,169 490,165,000 1,581,171,169 In the Treasury 61,178,010 11,429,278 72,607,288 In circulation 1,029,828,159 478,735,722 1,508,563,881 October: 1,590,632,169 Outstanding 1,098,995,169 491,637,000 In the Treasury 77,543,290 11,557,269 89,100,559 In circulation 1,021,451,879 480,079,731 1,501,531,610 November: 1,603,508,969 Outstanding 1,111,984,969 491,524,000 In the Treasury 95,781,571 13,834,731 109,616,302 In circulation 1,016,203,398 477,689,269 1,493,892,667 December: 1,605,216,969 Outstanding 1,115,755,969 489,461,000 In the Treasury 87,778,450 11,755,978 99,534,428 In circulation 1,027,977,519 477,705,022 1,505,682,541 1914—January: 1,622,620,969 Outstanding 1,138,711,969 483,909,000 In the Treasury 48,778,191 15,670,813 64,449,004 In circulation 1,089,933,778 468,238,187 1,558,171,965 February: Outstanding 1,140,698,969 473,873,000 1,614,571,969 In the Treasury 46,212,275 12,497,052 58,709,327 In circulation • 1,094,486,694 461,375,948 1,555,862,642 March: 1,612,220,969 Outstanding 1,142,471,969 469,749,000 In the Treasury 47,928,650 8,944,558 56,873,208 In circulation 1,094,543,319 460,804,442 1,555,347,761 April: Outstanding 1,158,997,869 467,033,000 1,626,030,869 In the Treasury.... 38,574,040 10,329,883 48,903,923 In circulation 1,120,423,829 456,703,117 1,577,126,946 May: 1,618,181,869 ‘ Outstanding 1,138,602,869 479,579,000 In the Treasury 32,849,250 13,176,783 46,026,033 In circulation 1,105,753,619 466,402,217 1,572,155,836 June: 1,571,824,869 Outstanding 1,080,974,869 490,850,000 In the Treasury 54,825,730 12,248,023 67,073,753 In circulation 1,026,149,139 478,601,977 1,504,751,116 July: Outstanding... 1,024,046,869 487,157,000 1,511,203,869 In the Treasury 49,660,150 12,555,662 62,215,812 1,448,988,057 In circulation 974,386,719 474,601,338 August: Outstanding 989,314,869 493,532,000 1,482,846,869 In the Treasury 44,692,318 12,126,826 56,819,144 In circulation 944,622,551 481,405,174 1,426,027,725 September: Outstanding 973,777,869 493,367,000 1,467,144,869 In the Treasury 42,387,610 10,474,879 52,862,489 In circulation 931,390,259 482,892,121 1,414,282,380 October: 1,440,811,869 Outstanding 946,979,869 493,832,000 In the Treasury 33,632,010 11,055,801 44,687,811 In circulation 913,347,859 482,776,199 1,396,124,058 November: 1,457,516,869 Outstanding 972,298,869 485,218,000 In the Treasury 43,793,340 20,570,980 64,364,320 In circulation 928,505,529 464,647,020 1,393,152,549 December: 1,448,233,869 Outstanding 967,974,869 480,259,000 In the Treasury 47,257,120 25,058,292 72,315,412 In circulation 920,717,749 455,200,708 1,375,918,457 1915—January: Outstanding 996,590,869 476,018,000 1,472,608,869 In the Treasury 38,142,830 23,404,726 61,547,556 In circulation 958,448,039 452,613,274 1,411,061,313 64 REPORT OF THE TREASURER OF THE UNITED STATES. No. 12.—Gold certificates and silver certificates outstanding, in the Treasury, and in circulation at the end of each month, from January, 1913—Continued. Months. 1915—February: Outstanding......................................... In the Treasury............................ In Federal reserve banks 1................. In circulation............................. March: Outstanding................................... In the Treasury............................ In Federal reserve banks 1................. In circulation............................. April: Outstanding..................................... In the Treasury............................ In Federal reserve banks 1................. In circulation............................. May: Outstanding..................................... In the Treasury............................ In Federal reserve banks 1................. In circulation............................. June: Outstanding..................................... In the Treasury............................ In Federal reserve banks1.................. In circulation............................. July: Outstanding.-................................... In the Treasury............................-. In Federal reserve banks 1................. In circulation............................. August: Outstanding................................... In the Treasury............................ In Federal reserve banks1.................. In circulation............................. September: Outstanding................................... In the Treasury............................ In Federal reserve banks1.................. In circulation............................. October: Outstanding..................................... In the Treasury............................ In Federal reserve banks1.................. In circulation............................. November: Outstanding..................................... In the Treasury............................ In Federal reserve banks1.................. In circulation............................. December: Outstanding..................................... In the Treasury............................ In Federal reserve banks1. - -............. In circulation............................. 916—January: Outstanding......................................... In the Treasury............................ In Federal reserve banks1.................. In circulation............................. February: Outstanding................................... In the Treasury..............-............. In Federal reserve banks1.................. In circulation............................. March: Outstanding..................................... In the Treasury............................ In Federal reserve banks1.................. In circulation............................. April: Outstanding..................................... In the Treasury............................ In Federal reserve banks 1................. In circulation............................. May: Outstanding................................... In the Treasury............................ In Federal reserve banks 1................. In circulation............................. Gold certifi- Silver cer- Total. cates. tificates. $1,019,100,769 $481,678,000 $1,500,778,769 53,163,490 18,835,799 71,999,289 20,520,320 20,520,320 945,416,959 462,842,201 1,408,259,160 1,045,641,769 494,743,000 1,540,384,769 63,966,890 15,174,247 79,141,137 30,469,650 30,469,650 951,205,229 479,568,753 1,430,773,982 1,071,081,769 493,306,000 1,564,387,769 42,569,540 13,593,579 56,163,119 41,064,500 41,064,500 987,447,729 479,712,421 1,467,160,150 1,131,334,769 495,177,000 1,626,511,766 49,659,950 12,652,252 62,312,200 54,180,800 1,027,494,019 482,524,748 54,180,802 1,510,018,767 1,218,432,769 493,459,000 1,711,891,769 83,219,150 11,488,605 94,707,755 62,365,800 62,365,800 1,072,847,819 481,970,395 1,554,818,214 1,240,639,769 485,669,000 1,726,308,769 94,437,830 9,742,072 104,179,902 79,965,800 79,965,800 1,066,236,139 475,926,928 1,542,163,067 1,304,852,769 483,764,000 1,788,616,769 73,794,210 9,139,479 82,933,689 89,065,800 89,065,800 1,141,992,759 474,624,521 1,616,617,280 1,383,195,769 491,514,000 1,874,709,769 90,706,670 9,847,473 100,554,143 120,211,500 120,211,500 1,172,277,599 481,666,527 1,653,944,126 1,471,890,769 498,193,000 1,970,083,769 96,497,980 11,341,213 107,839,193 148,920,000 486,851,787 148,920,000 1,226,472,789 1,713,324,576 1,550,614,769 499,020,000 2,049,634,769 123,447,370 9,926,445 133,373,815 168,506,800 168,506,800 1,258,660,599 489,093,555 1,747,754,154 1,611,922,769 499,041,000 2,110,963,769 136,833,540 13,332,337 150,165,877 193,940,000 193,940,000 1,281,149,229 485,708,663 1,766,857,892 1,643,792,769 496,608,000 2,140,400,769 126,259,583 15,888,644 142,148,227 201,810,000 201,810,000 1,315,723,186 480,719,356 1,796,442,542 1,629,023,769 493,413,000 2,122,436,769 134,360,110 11,391,249 145,751,359 169,188,000 169,188,000 1,325,475,659 482,021,751 1,807,497,410 1,636,708,669 499,165,000 2,135,873,669 154,750,360 12,258,607 167,008,967 164,852,700 164,852,700 1,317,105,609 486,906,393 1,804,012,002 1,654,061,669 498,312,000 2,152,373,669 191,220,350 10,839,772 202,060,122 161,937,000 161,937,000 1,300,904,319 487,472,228 1,788,376,547 1,694,599,669 499,738,000 2,194,337,669 . 218,472,060 9,735,222 228,207,282 163,047,000 163,047,000 1,313,080,609 490,002,778 1,803,083,387 i Held by Federal reserve banks or Federal reserve agents against issues of Federal reserve notes. REPORT OF THE TREASURER OF THE UNITED STATES. 65 No. 12.—Gold certificates and silver certificates outstanding, in the Treasury, and in circulation at the end of each month, from January, 1913—Continued. Months. Gold certificates. Silver certificates. Total. 1916—June: Outstanding .$1,729,565, 669 $499,451,000 $2,229,016,669 In the Treasury 164,165,380 9,540,063 173,705,443 In Federal reserve banks1 151,577,000 1,413,823,289 151,577,000 1,903,734,226 In circulation July: 489,910,937 Outstanding 1, 750,037,669 493,640,000 2,243,677,669 In the Treasury 194,932,410 9,653,301 204,585,711 In Federal reserve banks1 145,946,000 1,409,159,259 145,946,000 1,893,145,958 In circulation . August: 483,986,699 Outstanding 1,790,785,669 492,344,000 2,283,129,669 In the Treasury 171,584,180 10,337,443 181,921,623 In Federal reserve banks1 152,976,000 1,466,225,489 152,976,000 1,948,232,046 In circulation September: 482,006,557 Outstanding 1,855,457,669 492,127,000 2,347,584,669 In the Treasury 150,509,400 9,022,254 159,531,654 In Federal reserve banks1 184,208,000 1,520,740,269 184,208,000 2,003,845,015 In circulation October: 483,104,746 Outstanding 1,910,325, 669 490,443,000 2,400, 768,669 In the Treasury 140,122, 750 11,421,082 151,543,832 In Federal reserve banks 1 207,829,600 1,562,373,319 207,829,600 2,041,395,237 In circulation November: 479,021,918 Outstanding 2,002,100,669 490,374,000 2,492,474,669 In the Treasury 197,796,350 12,083,711 209,880,061 In Federal reserve banks1 230,927,600 1,573,376,719 230,927,600 2,051,667,008 In circulation December: 478,290,289 Outstanding 2,056,886,669 493,348,000 2,550,234,669 In the Treasury 134,810,040 16,552,387 151,362,427 In Federal reserve banks 1 262,046,600 1,660,030,029 262,046,600 2,136,825,642 In circulation 1917—January: 476,795,613 Outstanding 2,189,449,669 486,731,000 2,676,180,669 In the Treasury 140,897,230 20,760,922 161,658,152 In Federal reserve banks 255,283,600 255,283,600 2,259,238,917 In circulation February: 1,793,268,839 465, 790,078 Outstanding 2,226, 747,669 490,855,000 2, 717,602,669 In the Treasury 125,154,210 15,435,141 140,489,351 In Federal reserve banks 1 291,093,600 1,810,499,859 291,093,600 2,285,919,718 In circulation March: 475,419,859 Outstanding 2,313,948,669 488,442,000 2,802,390,669 In the Treasury 107,493,800 12,093,984 119,587,784 In Federal reserve banks1 - - - 340,536,100 1,865,918,769 340,536,100 2,342,266,785 In circulation April: 476,348,016 Outstanding 2,454,612,669 491,873,000 2,946,485,669 In the Treasury 240,140,310 11,141,177 251,281,487 In Federal reserve banks 1 401,589,350 1,812,883,009 401,589,350 2,293,614,832 In circulation May: 480,731,823 Outstanding 2,474,965,669 494,077,000 2,969,042,669 In the Treasury 304,404, 734 11,531,787 315,936,521 In Federal reserve banks1 434,464,600 1,736,096,335 434,464,600 2,218,641,548 In circulation June: 482,545,213 Outstanding 2,094,336,669 492,860,000 2,587,196,669 In the Treasury 510,100,760 15,675,158 525,775,918 In Federal reserve banks1 192,098,550' 1,392,137,359 192,098,550 1,869,322,201 In circulation July: 477,184,842 Outstanding 2,054,313,669 490,129,000 2,544,442,669 In the Treasury 497,680,680 16,640,952 514,321,632 In Federal reserve banks 1 227,227,100 1,329,405,889 227,227,100 1,802,893,937 In circulation August: 473,488,048 Outstanding 2,062,919,669 488,092,000 2,551, Oil, 669 In the Treasury 538,748,850 15,791,232 554,540,082 In Federal reserve banks 1 265,169,600 1,259,001,219 265,169,600 1,731,301,987 In circulation 472,300,768 1 Held by Federal reserve banks or Federal reserve agents against issues of Federal reserve notes. 142530—19----5 66 REPORT OF THE TREASURER OF THE UNITED STATES. No. 12.—Gold certificates and silver certificates outstanding, in the Treasury, and in circulation at the end of each month, from, January, 1913—Continued. Months. Gold certificates. Silver certificates. Total. 1917—September: Outstanding 82,053,427,669 $488,230,000 $2,541,657,669' In the Treasury 509,594,500 11,218,161 520,812,661 In Federal reserve banks 1 272,453,400 272,453,400 In circulation ; October: 1,271,379,769 477,011,839 1, 748,391,608 Outstanding 2,056,527,669 487,196,000 2,543,723,669- In the Treasury 574,765,820 10,746,529 585,512,349 In Federal reserve banks1 260,880,840 260,880.840 In circulation November: 1,220,881,009 476,449,471 1,697,330,480 Outstanding 2,034,266,669 484,680,000 2,518,946,669 In the Treasury 640,454,700 10,212,595 650,667,295 In Federal reserve banks1 238,899,980 238,899,980- In circulation December: 1,154,911,989 474,467,405 1,629,379,394 Outstanding 1,979,616,669 484,137,000 2,463,753,669 In the Treasury 636,458,595 11,945,424 648,404,019 In Federal reserve bank1 246,297,230 246,297,230 In circulation 1,096,860,844 472,191,576 1,569,052,420 1918—January: Outstanding 1,943,965,669 476,640,000 2,420,605,669 In the Treasury 660,407,569 15,654,441 676,062,010 In Federal reserve banks1 268,277,720 268,277,720' In circulation February: 1,015,280,380 460,985,559 1,476,265,939 Outstanding 1,924,302,669 471,910,000 2,396,212,669 In the Treasury 669,199,785 12,482,054 681,681,839 In Federal reserve banks 1 269,797,405 269,797,405 In circulation March: 985,305,479 459,427,946 1,444,733,425 Outstanding 1,903,903,669 464,904,000 2,368,807,669 In the Treasury 681,915,787 12,102,236 694,018,023 In Federal reserve banks 1 246,935,950 246,935,950 In circulation April: 975,051,932 452,801,764 1,427,853,696 Outstanding 1,877,321,669 455,888,000 2,333,209,669 In the Treasury 697,866,020 13,818,260 711,684,280 In Federal reserve banks1 241,869,780 241,869,780 In circulation May: 937,585,869 442,069,740 1,379,655,609 Outstanding 1,842,070,669 432,795,000 2,274,865,669 In the Treasury 719,303,292 19,693,885 738,997,177 In Federal reserve banks 1 214,277,430 214,277,430 In circulation June: 908,489,947 413,101,115 1,321,591,062 Outstanding 1,784,480,669 409,215,000 2,193,695,669 In the Treasury 757,849,000 30,003,532 787,852,532 In Federal reserve banks 1 208,278,320 208,278,320- In circulation July: 818,353,349 379,211,468 1,197,564,817 Outstanding 1,725,047,669 383,634,000 2,108,681,669 In the Treasury 736,102,900 22,506,437 758,609,337 In Federal reserve banks 1 183,069,820 183,069,820 In circulation August: 805,874,949 361,127,563 1,167,002,512 Outstanding 1,696,844,669 365,097,000 2,061,941,669 In the Treasury 737,119,980 20,400,087 757,520,067 In Federal reserve banks1 204,913,320 204,913,320 In circulation September: 754,811,369 344,696,913 1,099,508,282 Outstanding 1,692,086,669 354,669,000 2,046,755,669 In the Treasury 754,647,865 23,967,583 778,615,448 In Federal reserve banks 1 197,409,820 197,409,820- In circulation October: 740,028,984 330,701,417 1,070,730,401 Outstanding 1,680,828,669 341,109,000 2,021,937,669 In the Treasury 762,261,750 25,376,174 787,637,924 In Federal reserve banks 1 193,850,780 193,850,780- In circulation November: 724,716,139 315,732,826 1,040,448,965 Outstanding 1,673,779,669 324,291,000 1,998,070,669 In the Treasury 771,692,715 29,874,656 801,567,371 In Federal reserve banks 1 196,800,780 294,416,344 196,800,780 In circulation December: 705,286,174 999,702,518 Outstanding 1,656,970,669 305,045,000 1,962,015,669 In the Treasury 771,657,605 40,227,060 811,884,665 In Federal reserve banks 1 222,597,280 222,597,280 In circulation 662,715,784 264,817,940 927,533,724 1 Held by Federal reserve banks or Federal reserve agents against issues of Federal reserve notes. REPORT OF THE TREASURER OF THE UNITED STATES. 67 No. 12.—Gold certificates and silver certificates outstanding in the Treasury and in cir-* 0 culation at the end of each month, from January, 1913—Continued. Months. 1919—January: Outstanding......................................... In the Treasury............................ In Federal reserve banks 1................. In circulation............................. February: Outstanding................................... In the Treasury............................ In Federal reserve banks1.................. In circulation............................. March: Outstanding................................... In the Treasury............................ In Federal reserve banks1.................. In circulation............................. April: Outstanding................................... In the Treasury......................;..... In Federal reserve banks 1................. In circulation............................. May: Outstanding................................... In the Treasury............................ In Federal reserve banks1.................. In circulation............................. June: Outstanding................................... In the Treasury............................ In Federal reserve banks1.................. In circulation............................. Gold certificates. Silver certificates. Total. $1,641,728,669 $283,083,000 $1,924,811,669 779,527,314 49,897,045 829,424,359 219,300,780 219,300,780 642,900,575 233,185,955 876,086,530 1,621,320,669 265,587,000 1,886,907,669 782,661,525 49,483,613 832,145,138 207,920,780 207,920,780 630,738,364 216,103,387 846,841,751 1,595,465,669 251,048,000 1,846,513,669 770,060,714 43,895,390 813,956,104 223,920,780 223,920,780' 601,484,175 207,152,610 808,636,785' 1,571,533,669 234,417,000 1,805,950,669 759,864,722 39,105,375 798,970,097 221,917,280 221,917,280 589,751,667 195,311,625 785,063,292 1,564,920,669 215,414,000 1,780,334,669 770,218,408 35,772,148 805,990,556 213,917,280 213,917,280 580,784,981 179,641,852 760,426,833 1,550,259,669 203,943,000 1,754,202,669 814,480,178 34,794,705 849,274,883 205,417,280 205,417,280 530,362,211 i 169,148,295 699,510,506 1 Held by Federal reserve banks or Federal reserve agents against issues of Federal reserve notes 68 REPORT OF THE TREASURER OF THE UNITED STATES. No. 13.—Estimated stock of all kinds of money at the end of each month, from January 1913. * [Notes include United States notes, Treasury notes, Federal reserve notes, and national-bank notes.] Month. Gold. 1913—January SI, 875,626,118 February 1,867,220,698 March 1,858,569,894 April 1,867,087,085 May 1' 861' 369' 895 June 1'870^ 761'835 July 1' 872^ 993^ 458 August 1,881,440,176 September 1' 895^ 438' 245 October 1^905' 901,: 516 November 1'917398' 443 December 1,924,360,506 1914—January 1J 916', 813^ 556 February 1,920,268,748 March 1^927^ 179'218 April 1' 942', 562' 107 May 1,931,342,109 June 1,890,656,791 July 1,887,270,664 August. 1,844,602,682 September 1,861,838,264 October 1,835,416,298 November 1' 817^ 121' 700 December 1,815,976,319 1915—January 1, 823,747,112 February 1,832,428,955 March 1,876,326,539 April 1,889,142,465 May 1,914,785,996 June 1,985,539,172 July 2,006,399 539 August 2,056,732,138 September 2,141,782,259 October 2,198,113,762 November 2,260, 687J 547 December 2,312,444,489 1916—January 2328',42L 835 February 2, 318'973'327 March . 2,316,948,420 April 2,319,548,404 May 2,331,494,834 June 2,449,706,205 July 2' 5O6:229' 564 August 2,548' 241'473 September 2,636^ 009'568 October 2,700' 136:976 November 2,74i: 669', 491 December 2,864:841,' 650 1917—January 2,912:465', 116 February 2,968:355:434 March 3,088,904,808 April 3:12i: 887,' 443 May 3,088,711,272 June - - 3,019,146,563 July 3,086,218,498 August 3,062,614,285 September 3,035,390,720 October 3', 041', 549:041 November 3,040,472,040 December 3,040,439,343 191g—January 3,038,545,652 February 3,041,643,270 March 3,042,708,319 April 3,042,711,222 May 3,043,879,782 3,075,788,838 July 3,080,767,801 August 3,079,300,229 September October 3,079,094,009 3,079,784,766 November 3,080,043,323 December 3,080,510,011 [Q1Q—January 3,085,459,209 February 3,084,213,002 March 3,092,415,909 3,092,430,916 3,092,037,699 June 3,026,591,090 Silver. Notes. Aggregate. 8740,172,658 $1,099,935,785 $3,715,734,561 740,434,016 1,100,540,810 3,708,195,524 740,537,968 1,101,462,348 3,700,570,210 740,656,385 1,102,466,690 3,710,210,160 740,889,896 1,104,663,082 3,706,922,873 740,809,259 1,108,498,922 3,720,070,016 741,215,684 1,108,619,207 3,722,828,349 741,294,890 1,111,030,045 3,733,765,111 741,283,848 1,108,318,710 3,745,040,803 741,922,555 1,108,170,725 3,755,994,796 743,169,773 1,106,414,488 3,767,082,704 744,024,613 1,107,078,977 3,775,464,096 744,666,218 1,103,242,782 3,764,722,556 745,284,287 1,102,368,847 3,767,921,882 745,832,704 1,101,232,315 3,774,244,237 746,556,532 1,100,927,782 3,790,046,421 747,013,810 1,100,695,712 3,779,051,631 747,840,165 1,099,791,915 3,738,288,871 748,287,696 1,100,021,037 3,735,579,397 748,677,284 1,226,636,297 3,819,916,263 # 748,937, 570 1,426,959,792 4,037,735,626 749,530,892 1,470,535,927 4,055,483,117 750,005,153 1,464,258,092 4,031,484,945 750,455,105 1,405,942,262 3,972,373,686 750,738,880 1,351,772,874 3,926,258,866 750,836,952 1,314,620,182 3,897,886,089 751,133,487 1,290,111,996 3,917,572,022 753,340,444 1,268,809,583 3,911,292,492 753,566,352 1,254,724,464 3,923,076,812 753,701,905 1,250,215,109 3,989,456,186 753,749,001 1,249,412,889 4,009,561,429 754,158,666 1,250,768,323 4,061,659,127 755,099,238 1,273,777,476 4,170,658,973 755,002,041 1,295,758,697 4,248,874,500 756,967,012 1,311,651,669 4,329,306,228 757,400,624 1,332,143,224 4,401,988,337 757,370,863 1,332,443,084 4,418,235,782 755,785,541 1,307,093,649 4,381,852,517 755,737,870 1,300,090,727 4,372,777,017 755,840,844 1,292,649,242 4,368,038,490 755,672,388 1,287,799,209 4,374,966,431 757,128,802 1,276,024,126 4,482,859,133 755,764,258 1,268,977,062 4,524,970,884 756,286,861 1,275,883,167 4,580,411,501 758,139,935 1,305,239,579 4,699,389,082 757,966,035 1,322,175,476 4,780,278,487 759,051,485 1,349,327,330 4,850,048,306 761,765,401 1,385,438,466 5,012,045,517 761,892,339 1,368,883,502 5,043,240,957 762,639,268 1,415,183,391 5,146,178,093 764,587,608 1,458,616,856 5,312,109,272 765,085,149 1,526,988,423 5,414,961,015 766,262,250 1,570,443,876 5,425,417,398 766,544,232 1,622,299,231 5,407,990,026 767,740,218 1,659,334,178 5,513,292,894 769,107,448 1,721,939,421 5,553,661,154 772,313,636 1,834,498,743 5,642,203,099 778,133,758 2,004,771,536 5,824,454,335 782,734,813 2,202,921,056 6,026,127,909 786,496,092 2,429,262,836 6,256,198,271 789,351,226 2,346,517,086 6,174,413,964 791,074,695 2,518,830,091 6,351,548,056 794,241,233 2,643,231,973 6,480,181,525 766,566,970 2,731,676,438 6,540,954,630 750,230,284 2,820,897,616 6,615,007,682 731,372,510 2,933,910,946 6,741,072,294 705,420,610 3,109,901,388 6,896,089,799 692,128,804 3,321,526,338 7,092,955,371 675,068,762 3,636,845,506 7,391,008,277 664,851,136 3,845,537,269 7,590,173,171 652,419,136 3,937,114,121 7,669,576,580 642,085,919 4,058,197,676 7,780,793,606 615,889,682 3,910,279,919 7,611,628,810 592,078,303 3,890,008,619 7,566,299,924 571,822,348 3,923,010,748 7,587,249,005 554,915,536 3,967,352,808 7,614,699,260 552,658,692 3,947,382,601 7,592,078,992 L 551,016,197 3,941,181,713 7,518,789,000 REPORT OF THE TREASURER OF THE UNITED STATES. 69 No. 14.—Estimated amount of all kinds of money in circulation at the end of each month, from January, 1913. Month. Gold. Silver. Notes. Certificates. Total. 1913—January $617,053,838 $227,294,842 $1,043,333,817 $1,466,686,516 $3,354,369,013 February 610,357,741 225,903,079 1,053,044,442 i;455;040;533 3,344,345,795 March 607^135' 473 225,403,040 1' 059' 246' 638 1,448,113,796 3; 339; 898;947 April 611' 705^777 225,659,196 1'057'500; 568 1,459,384,527 3,354; 250; 068 May 610,004,429 226,216,601 1,056,187,016 i; 464; 968; 664 3;357;376;710 June 608' 400'799 226,585,263 1,055,' 626^ 086 1,473; 126; 301 3,363,738,449 July 606015^ 613 227,581,576 1,052,155,403 1,471,138,531 3,356,891,123 August 605'566' 895 228' 672' 436 1,053; 801;042 1,477,815; 402 3,365,855,775 September 610 735,030 231,072,357 1,052 106,302 1,508, 563', 881 3; 402; 477; 570 October 614 478,201 234,498,340 1,066 601,527 1', 50i; 53i; 610 3; 417; 109; 678 November 633,214,789 237,129,036 1,070 013,297 1,493,892,667 3;434;249;789 December 633,940,156 238,675 160 1,069 070 498 1,505', 682,541 3,447,368,355 1914—January 610,809,854 233,581,006 1,039,017,438 1,558,171,965 3;44i;580;263 February 611'907^591 232331'546 1; 049; 572; 630 1,555,862,642 3,449,774,409 March 605,642,125 231,'380' 138 1,057; 645;403 1,555,347,761 3,450.015,427 April 612'771'453 230' 437' 304 i;055; 889'676 1,577,126,946 3', 476,225', 379 May 615,431,580 230,309,395 1,062,177 501 E572; 155; 836 3,480,074,312 A June 611,544,681 230,266,183 1,055,453,447 1', 504', 75i; 116 3;402;015;427 July 632^332'591 230,110,548 i;055;937;734 1,448,988,057 3,367,368,930 August 627' 104', 376 231'713'186 1,193,758 505 i; 426', 027; 725 3;478;603;792 September 657' 944,193 232,289,425 1,390,232 198 i; 414,'282; 380 3,694,748,196 October 665,854,219 232,743,841 1,420 800 188 i; 396; 124; 058 3;715;522; 306 November 637,553 443 232,817 124 1,366 695 116 i;393;152; 549 3;630;218;232 December 631 607 599 233,184,049 1,304 456’oil 1'375; 918', 457 3; 545', 166; 116 1915—January 623,050,364 227,956,698 1,222 061’800 i;4n;66i;3i3 3; 484; 130; 175 February 606,885,331 225,946,275 1,220,062,658 1;408; 259;160 3;46i;i53;424 March 614J 632,' 850 224'587'030 i; 214'583'992 1 430; 773; 982 3,484,577,854 April 598,931,706 223' 513'320 1,203,433,700 i;467;i6o;i5o 3.493,038,876 May 591\ 567^104 223,661,505 1,202,140,804 1,510,018,767 3,527,388,180' June 590^133' 619 223,913,111 1,200 354 630 1; 554; 818;214 3,569,219,574 July 596'561' 647 223,578,517 1,201,401,791 1; 542; 163;067 3,563,705,022 August 575' 712^933 224,040 793 1,209,061 651 i;6ie;6i7;28o 3; 625', 432; 657’ September 615 ’ 977\722 227,189,902 1,233,193,008 i; 653,'944; 126 3,730,304,758 October 597' 108' 847 229' 972' 066 1,258 995 563 i; 713; 324; 576 3,799,471,052 November 603,342,562 234,114,162 1,273,850,103 i; 747; 754;154 3; 859; 060', 981 < December 612' 561' 038 236' 667' 435 1,293 097 806 1,766; 857; 892 3; 909', 184; 171 1916—January 620,503,717 233,516,812 1,283,215,806 1,796 442,542 3,933,678,877 February 612'340'97i 231,282,411 1,274,680,800 i; 807,'497; 410 3; 925', 801', 592 March 610,982,136 231' 515' 953 i; 270; 970; 903 1804; 012; 002 3,917,480,994 April 625,876,808 233' 087J 555 1,262,939,892 1,788,376,547 3; 910; 280; 802 May 628,487,039 231'509'277 1,257,508,197 1; 803; 083; 387 3,923,587,900 June 637,249,272 237,832,978 1,245 281,286 1,903,734,226 4; 024; 097; 762 July 632' 159\ 672 237,564,582 1,237 131 460 1,893,145,958 4; 000; 00i; 672 August 629,821,204 239,677,285 1,249,128,617 i;948;232;046 4; 066', 859', 152 September 644,900,316 248,023 430 1,281 752 454 2,003,845,015 4; 178; 52i; 215 October 650,123,528 250,886 697 1 298 756 727 2,041,395,237 4,241,162,189 November 669,368,308 257,127,986 1,325 831 932 2,051,667,008 4,303,995,234 December 679,702 890 262 502 184 1,361 901 918 2 136,825,642 4,440,932,634 1917—January 650,991,349 259,108,254 1,328’722,351 2,259,238,917 4,498,060,871 February 652' 506' 602 260,573,023 1,384 696 527 2;285;919;718 4; 583; 695; 870 March 667' 338' 062 262,367,118 1,430,158,976 2;342;266;785 4,702,130,941 April 678'211'423 262' 777' 531 i;502;238;177 2, 293;614;832 4,736,841,963 May 701'13i;384 264,650,950 1,546,903,100 2,218', 641', 548 4; 73i; 326; 982 June 1,036,089,527 265' 677' 472 1,592,486,432 i; 869; 322;201 4,763,575,632 July 1'155' 709'022 266' 785' 591 1,626,695,919 i; 802', 893', 937 4;852;084;469 August 1'151^960; 772 269,584,658 i; 646'476;429 i;73i;30i;987 4; 799; 323;846 September 1,035,288,234 276,002,047 1 760,864,565 i;748;39i; 608 4,820,546,454 October 1,021,616,341 283,824,382 1,922,157,145 1,697,330,480 4,924,928,348 November 1' 065' 170' 819 289'317' 660 2; 10i; 502;479 1,629', 379', 394 5' 085', 370', 352 December '972,' 561/266 294' 304' 082 2'284'507'140 i; 569;052; 420 5,120,424,908 1918—January 1,039,557,784 291,638,601 2,158,416,280 1,476,265,939 4,965,878,604 February ' 987,' 869' 451 291,008,485 2,368,919,321 i; 444; 733,'425 5; 092; 530;682 March 1,029,779,585 292,414,967 2; 490; 213;253 1,427,853,696 5; 240; 26i; 501 2 April 1^064'222'631 292' 910j673 2; 58i; 757; 804 1,379,655,609 5' 318; 546; 717 May ' 986' 515' 538 293^787'221 2; 644; 768;432 i; 32i; 59i; 062 5; 246; 662; 253- 4 June 1,114,077,426 294'503'829 2;773;28i;352 1', 197; 564; 817 5', 379; 427; 424 1 July 1368'048^306 297,035,289 2;927; 310;454 i; 167;002;512 5; 559; 396; 561 7 August 1,062,558,390 300,762,762 3,158,481,767 1,099,508,282 5,621,311,201 1 September '962'748j 000 307,774,839 3,448,764,334 1,070,730,401 5,790,017,574 0 October 945,885,712 312'459'475 3,645,007.019 i;040;448;965 5; 943; 801', 171 6 November 937' 008' 088 317'173'321 3; 739; 743', 936 '999;702; 518 5; 993; 62?; 863 ) December 910' 731' 705 321'177^218 3; 791', 925', 479 927;533;724 5; 95i; 368; 126 4 1919—January 939'281'718 321,425,654 3;589;467;127 876; 086', 530 5; 726; 26i; 029 5 February 984^ 924^231 312'620\ 354 3,608,661,398 846,841,751 5,753,047,734 0 March 1,090' 679' 923 312'004'572 3,636,042,361 808,636,785 5,847,363,641 2 t April 1,106, 910391 312,563,414 3,658,750,994 785,063,292 5,863,288,091 0 May 1,100,256,283 313,149,862 3,660,435,234 760,426,833 5,834,268,212 - June 1,112,353,324 312,641'023 3,641,525,120 699; 510', 506 5,766,029,973 70 REPORT OF THE TREASURER OF THE UNITED STATES. No. 15.—Assets of the Treasury other than gold, silver, notes, and certificates at the end of each month, from January, 1913. Month. Minor coin. Unassortec currency, etc. Deposits in Federal reserve and national banks. Deposits in treasury of Philippine Islands. Bonds and interest paid. 1913—January $1,345,416 1,246,430 1,356,700 1,717,150 1,930,574 1,997,167 1,972,362 1,828,161 1,652,513 1,326,015 1,123,767 1,087,314 1,733,472 1,789,323 1,877,887 1,905,680 2,048,954 2,117,481 2,179,613 2,233,774 2,153,251 2,045,880 1,738,980 1,517,761 2,263,053 •2,565,046 2,869,691 2,890,513 2,955,500 2,810,648 2,850,381 2,827,112 2,404,245 1,748,110 913,070 653,632 1,130,787 1,103,194 856,399 785,301 1,048,414 905,004 771,094 758,974 631,295 818,375 769,225 631,026 1,381,024 1,346,375 1,577,163 1,371,512 1,230,950 1,274,092 1,076,432 902,533 455,424 461,450 313,196 625,037 1,300,067 1,666,792 1,992,109 2,638,551 3,239,823 3,132,800 2,858,938 2,351,468 1,555,472 1,087,594 682,170 735,995 1,218,465 1,492,476 1,426,168 1,221,369 954,660 892,803 $844,999 955,914 10,690 51,917 16,358 343,468 915,058 238,702 286,345 180,582 422,012 471,737 337,580 650,234 439,714 255,524 504,761 380,150 440,731 115,493 344,707 10,435 567,723 274,473 330,703 226,451 445,789 234,789 353,584 483,392 323,335 18 >, 956 237,810 783,989 1,305,623 1,373,608 1,235,804 633,242 517,109 551,583 628,747 396,977 276,532 400,954 439,381 526,811 882,990 1,095,866 1,435,089 1,033,707 392,830 417,498 568,852 1,206,887 1,570,755 1,132,649 939,935 959,549 585,641 1,228,151 3,224,327 1,940,179 6,482,960 4,232,064 979,141 1,578,910 5,312,843 7,291,076 3,139,479 2,971,518 3,118,072 8,431,870 6,899,929 5,871,555 4,691,455 6,872,560 6,027,365 3,646,486 $46,580,888 49,068,482 47,731,531 48,239,524 52,314,252 76,263,615 64,369,295 60,747,275 85,206,999 98,069,011 99,472,168 92,302,428 84,701,289 74,085,499 63,040,181 58,706,917 61,036,148 85,043,770 62,157,564 74,816,333 72,741,460 72,597,116 81,705,082 77,879,829 71,469,601 67,597,309 57,916,676 53,305,499 52,059,950 85,150,250 51,231,568 48,387,294 60,929,200 64,261,244 62,995,047 58,678,624 64,036,982 71,439,280 75,999,334 77,674,979 85,850,103 176,314,350 95,312,556 88,645,228 79,592,936 69,541,327 66,070,037 67,418,737 62,565,603 51,319,002 89,167,023 150,466,488 248,649,220 1,134,276,131 512,187,109 535,344,055 502,962,183 1,061,253,322 1,867,170,256 846,174,142 878,340,362 1,045,011,925 984,931,595 930,362,662 1,466,131,621 1,665,695,573 1,461,953,436 1,044,687 086 923,768,067 1,828,201,512 1,396,856,557 1,047,399,154 1,249,437,387 1,597,076,926 1,440,571,464 936,692,777 1,197,424,782 1,075,818,929 $6,380,564 4,847,339 5,192,919 5,326,282 5,570,176 3,972,380 4,828,638 4,886,001 4,625,571 4,241,272 4,996,150 7,531,182 6,559,222 5,671,678 5,632,374 4,516,329 4,782,622 3,894,909 4,375,158 3,831,870 3,821,730 4,874,295 5,021,660 3,474,247 4,501,130 5,131,767 2,787,005 5,337,038 4,444,290 4,840,701 5,320,336 5,634,790 4,849,893 6,338,199 6,636,983 6,344,306 6,744,537 5,834,468 4,999,372 5,826,330 4,963,552 3,968,123 4,626,025 3,529,458 4,773,792 3,945,023 3,418,793 4,361,700 5,543,124 5,103,550 5,581,992 4,363,035 3,724,685 2,081,410 5,755,075 3,250,496 3,991,809 4,279,127 6,000,909 3,720,176 5,051,501 4,686,784 4,733,542 3,959,894 7,015,450 4 992,603 6,668,371 8,257,409 9,372,293 8,863,603 10,492,162 8,213,721 11,124,644 8,737,110 10,383,085 15,660,408 8,563,754 9,313,439 $7,282 85,209 56,927 13,746 87,531 11,000 February March April May June July August September October November December 1914—January February March April May June 9,749 July August September October November December 1915—January February March April May June 11,344 July August September October November December 1916—January February March April May June 3,861 July August September October November December 1917—January February March April May June 20,944 July August September October November December 1918—January February March...' April May June 1,944,354 July August September October November December 1919—January February March./ April May June 425,941 Total. $55,159,149 56,203,374 54,348,767 55,348,619 59,918,891 82,587,630 72,085,353 67,700,139 91,771,428 103,816,880 106,014,097 101,392,661 93,331,563 82,196,734 70,990,156 65,384,450 68,342,485 91,446,056 69,153,069 80,997,470 79,061,148 79,527,726 89,033,445 83,146,310 78,564,487 75,520,573 64,020,161 61,767,839 59,813,324 93,296,335 59,725,620 57,033,152 68,421^148 73,131,542 71,850,723 67,050,170 73,148,110 79,010,184 82,372,214 84,838,193 92,490,816 181,588,315 100,986,207 93,334,614 85,437,404 74,831,536 71,141,045 73,507,329 70,924,840 58,802,634 96,719,006 156,618,533 254,173,707 1,138,859,514 520,589,371 540,629,733 508,349,351 1,066,953,448 1,874,070,002 851,747,506 887,916,257 1,053,305,680 998,140,206 941,193,171 1,477,366,035 1,677,344,240 1,476,793,588 1,062,587,039 937,835,311 1,841,124,227 1,411,148,961 1,064,780,740 1,268,680,425 1,613,178,067 1,457,072,172 960,447,114 1,212,970,561 1,090,097,598 REPORT OF THE TREASURER OF THE UNITED STATES. 71 No. 16.—Assets of the Treasury at the end of each month, from January, 1913. % • Month. Gold. Silver. Notes. Certificates. Other. Total. 1913—January SI, 258,572,280 8517,327,450 $56,601,968 $97,873,653 $55,159,149 $1,985,534,500 February.... 1,256,862,957 519,086,124 47,496,368 96,481,636 56,203,374 1,976,130,459 March 1,251,434,421 519,743,999 42,215,710 95,322,373 54,348,767 1,963,065,270 April 1^255^ 381^308 519' 677^ 375 44; 966;122 96,410; 642 55,348,619 i; 97i; 784; 066 May 1'251'365' 466 519 393,105 48; 476;066 97,' 505; 505 59; 918; 891 i; 976', 659', 033 June 1'262'361^036 518,948,328 52,872,836 97; 370,' 868 82;587; 630 2,014,140,698 July 1'266', 977'845 518,420,396 56; 463;804 104; 982', 638 72', 085', 353 2,018', 930', 036 August 1/275,' 873'281 517,388,166 57,229,003 Hi; 879; 767 67,700,139 2,030,070,356 September... 1,284,703,215 514'847; 527 56', 212; 408 72', 607; 288 91,771,428 2,020,141,866 October 1,291,423,315 511,936,341 41,569,198 89,100,559 103,816,880 2,037,846,293 November... 1,284,283,654 510,511,958 36,401,191 109,616,302 106,014,097 2,046,827,202 December.... 1,290,420,350 509,509,059 38,008,479 99,534,428 101,392,661 2,038,864,977 1914—January 1,306,003,702 515,879,000 64,225,344 64,449,004 93,331,563 2,043,888,613 February.... 1,308,361,157 518,094,653 52,796,217 58,709,327 82,196,734 2,020,158,088 March 1,321,537,093 519,918,752 43,586,912 56,873,208 70,990,156 2,012,906,121 April 1,329,790,654 521,441,990 45,038,106 48,903,923 65', 384', 450 2,010,559,123 May 1,315' 910' 529 522 551 174 38 518,211 46,026,033 68', 342; 485 1,991,348,432 June 1' 279' il2'116 522,867,166 44,338,468 67; 073; 753 9i;446; 059 2,004; 837; 556 July 1,254,938,073 523,931,328 44,083,304 62', 215; 812 69', 153; 066 i; 954; 32i; 583 August 1'217'498'306 523,177,198 32,877,792 56,819,144 80; 997; 470 i; 91i;369;910 September... 1,203,894,071 522; 837;708 36', 727; 594 52; 862; 489 79,061,148 1,895,383,010 October 1,169,562,079 522,807,782 49,735,739 44,687,811 79,527,726 1,866,321,137 November 1,179,568,257 523,029,652 97,662,976 64,364,320 89,033,445 1,953,658,650 December.... 1,184,368,720 523,002,000 101,486,251 72,315,412 83,146,310 1,964,318,693 1915—January 1,200,696,748 528,633,894 129,711,074 61,547,556 78,564,487 1,999,153,759 kfees February.... 1,223,463,242 531,075,748 94,557,524 71,999,289 75,520,573 1,996,616,371 March 1,257,012,666 532,777,763 75,627 504 79,141 137 64,020,161 2,008,579,236 April ij 285' 098' 425 533,923 619 67 666 883 56,163 119 61,767,839 2,001,619,885 May 1,318,211,078 534 079 508 54 853' 660 62,312 202 59,813,324 2,029,269,772 June 1,382 959,989 534 062 472 52 114'470 94,707 755 93,296;335 2,157,141,029 July 1,403,207,990 531,481 703 50,256' 098 104,179 902 59,725,620 2,151,851,313 August 1,472,905,303 534,652 542 43,928'672 82,933,689 57,033,152 2,191,453,358 September... 1,518' 612,' 624 533; 655;544 42;79§;468 100,554,143 68',42i;i48 2,263,441,927 October 1,592,202,402 530,539,660 38,965,134 107,839,193 73,131,542 2,342,677,931 November... 1,648,831,192 527,854,121 39,988,566 133,373,815 71,850,723 2,421,898,417 December.... 1,691,471,738 525,978,364 41,223,418 150,165,877 67,050,170 2,475,889,567 1916—January 1,703,024,330 529,518,016 51,394,278 142,148,227 73,148,110 2,499,232,961 February.... 1,698,739,558 529,977,743 34,563,849 145,751,359 79,010,184 2,488,042,693 March 1,697,261,476 529 793 061 31,258 824 167,008,967 82,372,214 2,507,694,542 April 1' 685' 407^ 916 528 380 339 31 835 350 202,060 122 84,838,193 2,532; 52i;920 May 1,695,432,145 527 049'968 32,408,012 228,207,282 92,490,816 2, flit, 588', 223 June 1,803,493,933 525 346 635 32,845 840 173;705;443 181', 588', 315 2,716; 980; 166 July 1,858,968,040 524 305 098 33,937 602, 204,585,711 100; 986;207 2,122,782; 658 August 1,907,707,688 522 224 548 28,838 550 181,921,623 93,334,614 2,734;027; 023 September... 1,980,527,734 516; 726;026 25; 556; 125 159; 53i; 654 85,437,404 2,767,772,943 October 2,039,168,318 513,545,649 25,473,749 151,543,832 74,831,536 2,804,563,084 November... 2,059,974,155 509,631,183 25,544,398 209,880,061 71,141,045 2,876,170,842 December.... 2,174,602,909 506,315,021 25,580,548 151,362,427 73,507,329 2,931,368,234 1917—January 2,250,676,418 508,183,639 42,193,151 161,658,152 70,924,840 3,033,616,200 February.... 2,301,947,443 506,885,674 32,506,864 140,589,351 58,802,634 3,040,731,699 March 2,410,322,957 506,812,249 30,468 880 119,587,784 96,719,006 3,163,910,876 April 2,432,600,251 507,531,133 26,744,246 25i;28i;487 156; 618', 533 3,374,775,650 May 2'373'067'285 507,214,399 25,524,776 315; 936; 521 254,173,707 3,475,916,688 June 2'325^ 472' 036 506 664 639 31,788 799 525,775,918 1,138; 859', 514 4,528,460,906 July 2' 334' 970;126 506 243 317 34,605 259 514', 32i; 632 '520;589;371 3', 910; 729; 705 August. 2,304^344^113 504,'475; 878 30;95b;551 554; 540; 082 540;629;733 3,934,940,357 September... 2,337,628,246 501,839,112 28,743,960 520,812,661 508,349,351 3,897,373,330 October 2,355,727,660 501,661,060 28,805,621 585,512,349 1,066,953,448 4,538,660,138 November 2,358,411,326 500,700,251 38,854,153 650,667,295 1,874,070,002 5,422,703,027 December.... 2,363,636,859 499,366,487 46,724,926 648,404,019 851,747,506 4,409,879,797 1918—January 2,394,221,095 507,644,784 65,544,396 676,062,010 887,916,257 4,531,388,542 February.... 2,401,135,507 512,217,990 61,270,582 681,681,839 1,053,305,680 4,709,611,598 March 2,405,811,764 509,803 212 58,100,930 694,018,023 998,140,206 4,665,874,135 April 2,413,908,438 479,096,396 5i;53i;669 711,684,280 941,193,171 4,597,413,954 May 2,437,009,234 464;829;522 60,461,749 738,997,177 1,477,366,035 5,178,663,717 June 2,479,954 967 450,241,028 56;30i;244 787,852,532 1,677,344,240 5,451,694,011 July 2' 507,' 711' 166 423,675,252 78,237,929 758,609,337 1,476,793,588 5,245,027,206 August 2,524,227,419 409; 368; 453 63,867,671 757,520,067 1,062,587,039 4,817,570,649 September... 2,531' 412' 596 382,731,043 67,866,282 778,615,448 937,835,311 4,698,460,680 October 2,540,190,787 369,744,849 61,138,540 787,637,924 1,841,124,227 5,599,836,327 November 2,542,264,262 350,569,901 62,669,655 801,567,371 1,411,148,961 5,168,220,150 December.... 2,546,039,434 333,115,142 73,426,537 811,884,665 1,064,780,740 4,829,246,518 1919—January 2,551,939,480 314,497,114 100,261,977 829,424,359 1,268,680,425 5,064,803,355 February.... 2,552,637,612 300,379,821 115,900,616 832,145,138 1,613,178,067 5,414,241,254 March 2,563,195,928 273,609,685 146,644,117 813,956,104 1,457,072,172 5,254,478,006 April 2' 568' 599' 247 259,924,190 144,881,319 798,970,097 960,447,114 4,732,821,967 May 2,567,278,508 255,691,273 135,412,617 805,990,556 1,212,970,561 4,977,343,515 June 2,516,441,005 254,799,092 152, 111, 533 849,274,883 1,090,097,598 4,862,724,111 72 REPORT OF THE TREASURER OF THE UNITED STATES. No. 17.—Liabilities of the Treasury at the end of each month, from, January, 1913 Months. Certificates and Treasury notes. Agency account. Balanced Total. 1913—January $1,567,333,169 1,554,264,169 1,546,158,169 1,558,504,169 1,565,162,169 1,573,157,169 1,578,766,169 1,592,324,169 1,583,778,169 1,593,222,169 1,606,082,969 1,607,771,969 1,625,159,969 1,617,090,969 1,614,721,969 1,628,511,869 1,620,641,869 1,574,263,869 1,513,636,869 1,485,261,869 1,469,538,869 1,443,197,869 1,459,884,869 1,450,584,869 1,474,939,869 1,503,097,769 1,542,681,769 1,566,678,769 1,628,781,769 1,714,145,769 1,728,553,769 1,790,838,769 1,876,923,769 1,972,285,769 2,051,821,769 2,113,141,769 2,142,567,769 2,124,587,769 2,138,012,669 2,154,499,669 2,196,454,669 2,231,119,669 2,245,769,669 2,285,213,669 2,349,647,669 2,402,823,669 2,494,523,669 2,552,278,669 2,678,212,669 2,719,622,669 2,804,401,669 2,948,479,669 2,971,026,669 2,589,172,669 2,546,409,669 2,552,971,669 2,543,602,669 2,545,657,669 2,520,862,669 2,465,666,669 2,422,512,669 2,398,099,669 2,370,686,669 2,335,082,669 2,276,730,669 2,195,553,669 2,110,531,669 2,063,782,669 2,048,596,669 2,023,752,669 1,999,884,669 1,963,823,669 1,926,609,669 1,888,693,669 1,848,292,669 1,807,721,669 1,782,099,669 1,755,956,669 $122,355,311 124,829,607 118,410,821 121,946,853 127,519,583 125,022,544 157,900,247 160,535,068 162,947,084 169,700,621 171,278,121 169,238,690 163,967,376 160,200,571 157,268,732 151,809,740 146,555,550 118,961,071 131,223,742 139,160,553 147,705,197 164,800,399 253,677,674 279,781,896 297,778,910 281,315,102 257,887,984 245,010,074 213,399,399 185,848,118 182,293,534 171,636,027 169,540,088 155,869,000 158,119,296 158,337,113 147,993,509 149,371,021 152,266,080 157,655,093 156,949,843 154,390,056 170,679,377 181,853,529 191,214,896 180,871,915 176,848,116 192,778,853 181,475,854 168,989,144 179,721,612 197,881,491 214,623,578 819,062,088 899,118,515 1,015,187,927 1,104,257,252 1,210,548,866 1,407,870,292 1,546,040,631 1,657,515,166 1,825,015,027 1,942,362,972 2,170,846,454 2,402,974,168 2,479,386,798 1,475,834,535 1,518,203,755 1,546,527,107 1,577,364,641 1,600,639,689 1,632,387,516 1,660,173,532 1,680,562,478 1,704,602,363 1,719,487,437 1,726,065,493 1,727,623,481 $295,846,020 297,036,683 298,496,280 291,333,044 283,977,281 315,960,985 282,263,620 277,211,119 273,416,613 274,923,503 269,466,112 261,854,318 254,761,268 242,866,548 240,915,420 230,237,514 224,151,013 311,612,616 309,460,972 286,947,488 278,138,944 258,322,869 240,096,107 233,951,928 226,434,980 212,203,504 208,009,478 192,931,042 187,088,604 257,147,143 241,004,010 228,978,562 216,978,070 214,523,162 211,957,352 204,410,685 208,671,683 214,083,903 217,415,793 220,367,158 222,183,711 331,470,441 306,333,612 266,959,825 226,910,377 220,867,500 204,799,057 186,310,712 173,927,677 152,120,153 179,787,595 228,414,490 290,266,441 1,120,226,149 465,201,521 366,780,761 249,513,409 782,453,603 1,493,970,066 398,172,497 451,360,707 486,496,902 352,824,494 91,484,830 498,958,880 776,753,544 2 1,660,261,001 1,235,584,225 1,103,236,904 1,998,719,017 1,567,695,792 1,233,035,333 1,478,020,154 1.844,985,107 1,701,582,974 1,205,612,861 1,469,178,353 1,379,143,961 $1,985,534,500 1,976,130,459 1,963,065,270 1,971,784,066 1,976,659,033 2,014,140,698 2,018,930,036 2,030,070,356 2,020,141,866 2,037,846,293 2,046,827,202 2,038,864,977 2,043,888,613 2,020,158,088 2,012,906,121 2,010,559,123 1,991,348,432 2,004,837,556 1,954,321,583 1,911,369,910 1,895,383,010 1,866,321,137 1,953,658,650 1,964,318,693 1,999,153,759 1,996,616,675 2,008,579,231 2,004,619,885 2,029,269,772 2,157,141,030 2,151,851,313 2,191,453,358 2,263,441,927 2,342,677,931 2,421,898,417 2,475,889,567 2,499,232,961 2,488,042,693 2,507,694,542 2,532,521,920 2,575,588,223 2,716,980,166 2,722,782,658 2,734,027,023 2,767,772,943 2,804,563,084 2,876,170,842 2,931,368,234 3,033,616,200 3,040,731,966 3,163,910,876 3,374,775,650 3,475,916,688 4,528,460,906 3,910,729,705 3,934,940,357 3,897,373,330 4,538,660,138 5,422,703,027 4,409,879,797 4,531,388,542 4,709,611,598 4,665,874,135 4,597,413,954 5,178,663,717 5,451,694,011 5,245,027,206 4,817,570,649 4,698,460,680 5,599,836,327 5,168,220,150 4,829,246,518 5,064,803,355 5,414,241,254 5,254,478,006 4,732,821,967 4,977,343,515 4,862,724, 111 February March. April May June July August September October November December 1914—January February March. April May June July August September October. November December. 1915—January February March. .1 April : May June July August September October November December 1918—January February March ..’ April May June July August September October November December 1917—January February March.’............ April May June July August September October November December 1918—January February March.." April May June July August September October November December 1919—Januarv February March.." April May June ■ Including the gold reserve. 2 Credits to disbursing officers included from and after this date. REPORT OF THE TREASURER OF THE UNITED STATES. 73 No. 18.— United States notes of each denomination issued, redeemed, and outstanding at the close of each fiscal year from 1912. Denominations. Issued during year. Total issued. Redeemed during year. Total redeemed. Outstanding. 1912. One dollar $188,364,160 186,763,048 1,019,491,760 1,508,231,240 543,322,400 147,015,200 196,304,000 221,926,000 454,328,000 20,000,000 40,000,000 $5,597 7,293 89,878,240 50,147,630 3,435,690 185,150 $186,533,165.80 185,388,089.20 850,441,830.00 1,394,093,314.00 531,129,968.00 145,173,825.00 191,607,600.00 217,456,000.00 416,251,000.00 20,000,000.00 39,990,000.00 $1,830,994.20 1,374,958.80 169,049,930.00 114,137,926.00 12,192,432.00 1,841,375.00 Two dollars Five dollars S107 180 000 Ten dollars 42,480,000 Twenty dollars Fifty dollars One hundred dollars 816,900 730,500 4,453,000 4,696,400.00 4,470,000.00 38,077,000.00 Five hundred dollars One thousand dollars Five thousand dollars Ten thousand dollars 10,000.00 Total 149,660,000 4,525,745,808 149,660,000 4,178,064,792.00 1,000,000.00 347,681,016.00 1,000,000.00 Unknown, destroyed Net 149,660,000 4,525,745,808 149,660,000 4,179,064, 792.00 346,681,016.00 1913. One dollar 188,364,160 186,763,048 1,155,011,760 1,535,711,240 543,322,400 147,015,200 196,304,000 221,926,000 454,328,000 20,000,000 40,000,000 4,012 3,918 186,537,177.80 185,392,007.20 960,204,180.00 1,439,773,744.00 533,257,508.00 145,327,975.00 192,096,200.00 217,891,000.00 420,595,000.00 20,000,000.00 39,990,000.00 1,826,982.20 1,371,040.80 194,807,580.00 95,937,496.00 10,064,892.00 1,687,225.00 4,207,800.00 4,035,000.00 33,733,000.00 Two dollars Five dollars 135,520,000 27,480,000 109,762,350 45,680,430 2,127,540 154,150 Ten dollars Twenty dollars Fifty dollars One hundred dollars 488' 600 435,000 4,344,000 Five hundred dollars One thousand dollars Five thousand dollars.... Ten thousand dollars 10,000.00 Total 163,000,000 4,688,745,808 163,000,000 4,341,064,792.00 1,000,000.00 347,681,016.00 1,000,000.00 Unknown, destroyed Net 163,000,000 4,688,745,808 163,000,000 4,342,064,792.00 346,681,016.00 1914. One dollar 188,364,160 186,763,048 1,284,471,760 1,572,671,240 543,322,400 147,215,200 196,304,000 222,226,000 455,628,000 20,000,000 40,000,000 3,764 186,540,941.80 185,395,823.20 1,081,475,030.00 1,478,917,984.00 534,851,588.00 145,524,925.00 192,529,000.00 218,358,500.00 425,701,000.00 20,000,000.00 39,990,000.00 1,823,218.20 1,367,224.80 Two dollars 3,816 Five dollars 129,460,000 36,960,000 121,270,850 39,144,240 1,594,080 196,950 432,800 467,500 5,106,000 202'996'730.00 93,753,256.00 8,470,812.00 1,690,275.00 3,775,000.00 3,867,500.00 29,927,000.00 Ten dollars Twenty dollars Fifty dollars 200,000 One hundred dollars Five hundred dollars One thousand dollars Five thousand dollars 300,000 1,300,000 Ten thousand dollars 10,000.00 Total 168,220,000 4,856,965,808 168,220,000 4,509,284,792.00 1,000,000.00 347,681,016.00 1,000,000.00 Unknown, destroyed . .. Net 168,220,000 4,856,965,808 168,220,000 4,510,284,792.00 346,681,016.00 1915. One dollar 188,364,160 186,763,048 1,388,051,760 1,625,551,240 544,202,400 147,815,200 196,304,000 222,276,000 457,628,000 20,000,000 40,000,000 3,678 3,612 186,544,619.80 185,399,435.20 1,185,928,600.00 1,517,593,244.00 536,109,768.00 145,784,825.00 193,320,300.00 219,527,000.00 439,077,000.00 20,000,000.00 39; 990,000.00 1,819,540.20 1,363,612.80 Two dollars Five dollars 103,580,000 52,880,000 880,000 600,000 104,453', 570 38,675,260 1,258,180 202' 123' 160.00 Ten dollars 1071957'996.00 8,092,632.00 2,030,375.00 2,983,700.00 2,749,000.00 18,551,000.00 Twenty dollars Fifty dollars ' 259,900 One hundred dollars 791,300 1,168,500 13,376,000 Five hundred dollars One thousand dollars.... Five thousand dollars 50,000 2,000,000 Ten thousand dollars 10.000.00 Total 159,990,000 5,016,955,808 159,990,000 4,669,274,792.00 1,000,000.00 347,681,016.00 1,000,000.00 Unknown Net 159,990,000 5,016,955,808 159,990,000 4,670,274,792.00 346,681,016.00 74 REPORT OF THE TREASURER OF THE UNITED STATES. No. 18.— United States notes of each denomination issued, redeemed, and outstanding a the close of each fiscal year from 1912—Continued. Denominations. Issued during year. Total issued. Redeemed during year. Total redeemed. Outstanding. 1916. One dollar Two dollars Five dollars Ten dollars Twenty dollars Fxfty dollars One hundred dollars Five hundred dollars One thousand dollars $144,140,000 24,760,000 500,000 600,000 $188,364,160 186,763,048 1,532,191,760 1,650,311,240 544,202,400 147,815,200 196,304,000 222,776,000 458,228,000 20,000,000 40,000,000 $3,363 5,572 115,589,015 48,369,150 1,245,900 313,900 389,100 522,000 3,562,000 $186,547,982.80 185,405,007.20 1,301,517,615.00 1,565,962,394.00 537,355,668.00 146,098,725.00 193,709,400.00 220,049,000.00 442,639,000.00 20,000,000.00 $1,816,177.20 1,358,040.80 230,674,145.00 84,348,846.00 6,846,732.00 1,716,475.00 2,594,600.00 2,727,000.00 15,589,000.00 Ten thousand dollars 39; 990,000.00 10,000.00 Total Unknown, destroyed 170,000,000 5,186,955,808 170,000,000 4,839,274,792.00 1,000,000.00 347,681,016.00 1,000,000.00 Net 170.000,000 5,186,955,808 170,000,000 4,840,274,792.00 346,681,016.00 1917. One dollar Two dollars Five dollars Ten dollars Twenty dollars Fifty dollars One’hundred dollars Five hundred dollars One thousand dollars 10,304,000 9,216,000 141,520,000 22,480,000 6,240,000 7,100,000 198,668,160 195,979,048 1,673,711,760 1,672,791,240 550,442,400 147,815,200 196,304,000 222,776,000 465,328,000 20,000,000 40,000,000 407,879 312,206 144,546,845 39,771,650 1,264,820 262,400 325,700 384,500 9,584,000 186,955,861.80 185,717,213.20 1,446,064,460.00 1,605,734,044.00 538,620,488.00 146,361,125.00 194,035,100 00 220,433,500.00 452,223,000.00 20,000,000.00 39,990,000.00 11,712,298.20 10,261,834.80 227,647,300.00 67,057,196.00 11,821,912.00 1,454,075.00 2,268,900.00 2,342,500.00 13,105,000.00 Ten thousand dollars 10,000.00 Total Unknown, destroyed 196,860,000 5,383,815,808 196,860,000 5,036,134,792.00 1.000,000.00 347,681,016.00 1,000,000.00 Net 196,860,000 5,383,815,808 196,860,000 5,037,134,792.00 346,681,016.00 1918. One dollar Two dollars Five dollars Ten dollars Twenty dollars Fifty dollars 'One hundred dollars Five hundred dollars One thousand dollars Five thousand dollars 37,828,000 37,352,000 119,280,000 10,080,000 1,680,000 800,000 3,500,000 2,300,000 236,496,160 233,331,048 1,792,991,760 1,682,871,240 552,122,400 147,815,200 197,104,000 226,276,000 467,628,000 20,000,000 40,000,000 12,405,818 12,604,492 144,739,815 28,044,545 3,091,230 227,000 1,066.100 4,333,000 6,308,000 199,361,679.80 198,321,705,20 1,590,804,275.00 1,633,778,589.00 541,711,718.00 146,588,125.00 195,101,200.00 224,766,500.00 458,531,000.00 20,000,000.00 39,990,000.00 37,134,480.20 35,009,342.80 202,187,485.00 49,092,651.00 10,410,682.00 1,227,075.00 2,002,800.00 1,509,500.00 9,097,000.00 Ten thousand dollars 10,000.66 Total Unknown, destroyed 212,820,000 5,596,635,808 212,820,000 5,248,954,792.00 1,000,000.00 347,681,016.00 1,000,000.00 Net 212,820,000 5,596,635,808 212,820,000 5,249,954,792.00 346,681,016.00 1919. One dollar Two dollars. Five dollars Ten dollars Twenty dollars Fifty dollars One hundred dollars Five hundred dollars One thousand dollars Five thousand dollars 131,316,000 63,768,000 48,320,000 367,812,160 297,099,048 1,841,311,760 1,682,871,240 552,122,400 147,815,200 197,104,000 226,276,000 467,628,000 20,000,000 40,000,000 62,852,880 50,145,795 108,211,985 17,653,700 2,698,440 134,500 209,200 204,500 1,293,000 262,214,559.80 248,467,500.20 1,699,016,260.00 1,651,432,289.00 544,410,158.00 146,722,625.00 195,310,400.00 224,971,000.00 459,824,000.00 20,000,000.00 39,990,000.00 105,597,600.20 48,631,547.80 142,295,500.00 31,438,951.00 7,712,242.00 1,092,575.00 1,793,600.00 1,305,000.00 7,804,000.00 Ten thousand dollars 10,000.00 Total Unknown, destroyed 243,404,000 5,840,039,808 243,404,000 5,492,358,792.00 1,000,000.00 347,681,016.00 1,000,000.00 Net 243,404,000 5,840,039,808 243,404,000* 5,493,358,792.00 346,681,016.00 REPORT OF THE TREASURER OF THE UNITED STATES, 75 No. 19.—-Treasury notes of 1890 of each denomination issued, redeemed, and outstanding at the close of each fiscal year from 1913. Denominations. Issued during year. Total issued. Redeemed during year. Total redeemed. Outstanding. 1913. One dollar $64,704,000 49,808,000 120,740,000 104,680,000 35,760,000 1,175,000 - 18,000,000 52,568,000 87,645 6,545 56,110 111,050 55,600 . 1,050 19,000 12,000 $64,338,039 49,572,801 120,107,950 103,892,580 35,380,630 1,161,500 17,852,500 52,469,000 $365,961 235,190 632,059 787,420 379,370 13,500 147,500 99,000 Two dollars Five dollars Ten dollars Twenty dollars Fifty dollars One hundred dollars One thousand dollars Total 447,435,000 269,000 444,775,000 2,660,000 1914. One dollar 64,704,000 49,808,000 120,740,000 104,680,000 35,760,000 1,175,000 18,000,000 52,568,000 6,012 4,978 47,240 83,280 49,500 850 15,600 13,000 64,344,051 49,577,779 120,155,190 103,976,400 35,430,130 1,162,350 17,868,100 52,482,000 359,949 230,221 584,810 703,600 329,870 12,650 131,900 86,000 Two dollars Five dollars Ten dollars Twenty dollars Fifty dollars One hundred dollars. One thousand dollars Total 447,435,000 221,000 444,996,000 2,439,000 1915. One dollar 64,704,000 49,808,000 120,740,000 104,680,000 35,760,000 1,175,000 18,000,000 52,568,000 5,873 4,902 40,925 70,110 38,540 750 15,900 8,000 64,349,924 49,582,681 120,196,115 104,046,510 35,468,670 1,163,100 17,884,000 52,490,000 354,076 225,319 543,885 633,490 291,330 11,900 116,000 78,000 Two dollars Five dollars Ten dollars Twenty dollars Fifty dollars One hundred dollars One thousand dollars Total 447,435,000 185,000 445,181,000 2,254,000 1916. One dollar 64,704,000 49,808,000 120,740,000 104,680,000 35,760,000 1,175,000 18,000,000 52,568,000 4,516 3,834 36,140 56,560 33,500 1,550 11,900 3,000 64,354,440 49,586,515 120,232,255 104,103,070 35,502,170 1,164,650 17,895,900 52,493,000 349,560 221,485 507,745 576,930 257,830 10,350 104,100 75,000 Two dollars Five dollars Ten dollars Twenty dollars Fifty dollars One hundred dollars One thousand dollars Total 447,435,000 151,000 445,332,000 2,103,000 1917. One dollar 64,704,000 49,808,000 120,740,000 104,680,000 35,760,000 1,175,000 18,000,000 52,568,000 7,761 10,974 28,825 47,380 21,160 800 7,100 3,000 64,362,201 49,597,489 120,261,080 104,150,450 35,523,330 1,165,450 17,903,000 52,496,000 341,799 210,511 478,920 529,550 236,670 9,550 97,000 72,000 Two dollars Five dollars Ten dollars Twenty dollars Fifty dollars One hundred dollars One thousand dollars Total - - 447,435,000 127,000 445,459,000 1,976,000 1918. One dollar 64,704,000 49,808,000 120,740,000 104,680,000 35,760,000 1,175,000 18,000,000 52,568,000 10,694 3,349 22,037 45,380 18,540 400 8,600 9,000 64,372,895 49,600,838 120,283,117 104,195,830 35,541,870 1,165,850 17,911,600 52,505,000 331,105 207,162 456,883 484,170 218,130 9,150 88,400 63,000 Two dollars Five dollars Ten dollars Twenty dollars Fifty dollars One hundred dollars One thousand dollars Total 447,435,000 118,000 445,577,000 1,858,000 1919. One dollar 64,704,000 49,808,000 120,740,000 104,680,000 35,760,000 1,175,000 18,000,000 52,568,000 5,978 4,042 20,950 42,160 20,320 350 7,200 3,000 64,378,873 49,604,880 120,304,067 104,237,990 35,562,190 1,166,200 17,918,800 52,508,000 325,127 203,120 435,933 442,010 197,810 8,800 81,200 60,000 Two dollars Five dollars Ten dollars Twenty dollars Fifty dollars One hundred dollars One thousand dollars Total 447,435,000 104,000 445,681,000 1,754,000 76 REPORT OF THE TREASURER OF THE UNITED STATES. No. 20.-—Gold certificates of each denomination issued, redeemed, and outstanding at the' close of each fiscal year from 1914- Denominations. Issued during year. Total issued. Redeemed during year. Total redeemed. Outstanding. 1914. Ten dollars Twenty dollars Fifty dollars One hundred dollars... Five hundred dollars.. One thousand dollars.. Five thousand dollars. Ten thousand dollars.. Total 1915. Ten dollars Twenty dollars Fifty dollars One hundred dollars... Five hundred dollars.. One thousand dollars.. Five thousand dollars. Ten thousand dollars.. Total 1916. Ten dollars Twenty dollars Fifty dollars One hrmdred dollars... Five hundred dollars.. One thousand dollars.. Five thousand dollars. Ten thousand dollars.. Total 1917. Ten dollars Twenty dollars Fifty dollars One hundred dollars... Five hundred dollars.. One thousand dollars.. Five thousand dollars. Ten thousand dollars.. Total 1918. Ten dollars Twenty dollars Fifty dollars One hundred dollars... Five hundred dollars.. One thousand dollars.. Five thousand dollars. Ten thousand dollars.. Total 1919. Ten dollars Twenty dollars Fifty dollars One hundred dollars... Five hundred dollars.. One thousand dollars.. Five thousand dollars. Ten thousand dollars.. Total $135,320,000 77,280,000 16,800,0Q0 24,600,000 6,700,000 21,500,000 33,500,000 189,820,000 $786,988,000 1,038,080,000 224,600,000 324,034,300 126,144,000 375,381,000 770,040,000 2,084,770,000 $141,170,450 87,537,150 16,866,000 20,789,700 3,662,000 19,377,000 36,770,000 185,100,000 $504,432,340 770,785,946 165,940,745 236,074,400 104,806,500 308,312,500 696,580,000 1,862,130,000 $282,555,660 267,294,054 58,659,255 87,959,900 21,337,500 67,068,500 73,460,000 222,640,000 505,520,000 5,730,037,300 511,272,300 4,649,062,431 1,080,974,869 48,040,000 35,040,000 5,800,000 15,200,000 2,150,000 36,000,000 55,000,000 409,170,000 835,028,000 1,073,120,000 230,400,000 339,234,300 128,294,000 411,381,000 825,040,000 2,493,940,000 115,655,240 88,048,160 17,891,900 23,805,800 3,686,000 17,720,000 32,575,000 169,810,000 620,087,580 858,834,106 183,832,645 259,880,200 108,492,500 326,032,500 729,155,000 2,031,940,000 214,940,420 214,285,849 46,567,355 79,354,100 19,801,500 85,348,500 95,885,000 462,000,000 606,400,000 6,336,437,300 469,192,100 5,118,254,531 1,218,182,769 172,160,000 100,000,000 18,400,000 23,200,000 7,550,000 36,500,000 31,500,000 509,580,000 1,007,188,000 1,173,120,000 248,800,000 362,434,300 135,844,000 447,881,000 856,540,000 3,003,520,000 71,333,860 44,443,740 8,938,300 13,354,200 2,551,000 6,616,000 1,510,000 238,870,000 691,421,440 903,277,846 192,770,945 273,234,400 111,013,500 332,648,500 730,665,000 2,270,810,000 315, 766,560 260,842,154 56,029,055 89,199,900 24,800,500 115,232,590 125,875,000 732,710,000 898,890,000 7,235,327,300 387,617,100 5,505,871,631 1,729,455,669 267,120,000 122,480,000 37,600,000 41,200,000 8,400,000 36,000,000 21,000,000 885,420,000 1,274,308,000 1,295,600,000 286,400,000 403,634,300 144,244,000 483,881,000 877,540,000 3,888,940,000 144,697,520 61,268,630 13,396,350 17,966,500 3,328,000 21,342,000 3,890,000 790,030,000 836,118,960 964,546,476 206,167,295 291,200,900 114,371,500 353,990,500 734,555,000 3,060,840,000 438,189,040 331,053,524 80,232,705 112,433,400 29,872,500 129,890,500 142,985,000 828,100,000 1,419,220,000 8,654,547,300 1,055,919,000 6,561,790,631 2,092,756,669 42,960,000 25,040,000 5,800,000 4,400,000 350,000 10,600,000 500,000 105,710,000 1,317,268,000 1,320,640,000 292,200,000 408,034,300 144,594,000 494,481,000 878,040,000 3,994,650,000 146,970,125 109,803,350 12,872,525 13,479,000 2,909,000 8,667,000 835,000 208,109,000 983,089,085 1,074,349,826 219,039,820 304,679,900 117,280,500 362,657,500 735,390,000 3,268,940,000 334,178,915 246,290,174 73,160,180 103,354,400 27,313,500 131,823,500 142,650,000 725,710,000 195,360,000 8,849,907,300 503,636,000' 7,065,426,631 1,784,480,669 13,870,000 1,317,268,000 1,320,640,000 292,200,000 408,034,300 144,594,000 494,481,000 878,040,000 4,008,520,000 99,492,450 39,909,550 13,362,100 18,557,400 2,073,500 5,796,000 450,000 68,450,000 1,082,581,535 1,114,259,376 232,401,920 323,237,300 ' 119,354,000 368,453,500 . 735,840,000 3,337,390,000 234,686,465 206,380,624 59,798,080 84,797,000 25,240,000 126,027,500 142,200,000 671,130,000 13,870,000 8,863,777,300 248,091,000 7,313,517,631 1,550,259,669 REPORT OF THE TREASURER OF THE UNITED STATES. 77 No. 21.—Silver certificates of each denomination issued, redeemed, and outstanding at the close of each fiscal year from 1914- Denominations. Issued during year. Total issued. Redeemed during year. Total redeemed. Outstanding. 1914. One dollar Two dollars Five dollars Ten dollars Twenty dollars Fifty dollars One hundred dollars Five hundred dollars.... One thousand dollars.... Total 1915. One dollar Two dollars Five dollars Ten dollars Twenty dollars Fifty dollars One hundred dollars Five hundred dollars.... One thousand dollars.... Total 1916. One dollar Two dollars Five dollars Ten dollars Twenty dollars Fifty dollars One hundred dollars Five hundred dollars.... One thousand dollars.... Total 1917. One dollar Two dollars Five dollars Ten dollars Twenty dollars Fifty dollars One hundred dollars Five hundred dollars.... One thousand dollars.... Total 1918. One dollar Two dollars Five dollars Ten dollars Twenty dollars Fifty dollars. One hundred dollars Five hundred dollars.... One thousand dollars.... Total 1919. One dollar Two dollars Five dollars Ten dollars Twenty dollars Fifty dollars One hundred dollars Five hundred dollars.... One thousand dollars.... Total $193,856,000 63,032,000 120,720,000 13,360,000 2,800,000 7,800,000 $1,947,463,600 820,916,000 2,515,410,000 644,394,000 302,626,000 94,450,000 81,540,000 16,650,000 32,490,000 $193,031,002 65,284,198 130,415,500 4,171,300 607,700 714,900 39,900 500 3,000 $1,767,783,473. 90 757,008,574.60 2,306,040,422.50 623,400,029. 00 296,628,730.00 83,970,690.00 81,157,180. 00 16,629,500.00 32,471,000.00 $179,680,126.10 63,907,425.40 209,369,577.50 20,993,971.00 5,997,270.00 10,479,310.00 382,820. 00 20,500.00 19,000.00 401,568,000 6,455,939,600 .394,268,000 6,965,089,600. 00 490,850,000. 00 196,816,000 60,272,000 88,760,000 12,120,000 15,760,000 24,600,000 2,144,279,600 881,188,000 2,604,170,000 656,514,000 318,386,000 119,050,000 81,540,000 16,650,000 32,490,000 201,657,706 64,430,544 115,260,610 8,406,220 2,597,870 3,323,650 39,400 2,000 1,000 1,969,441,179. 90 821,439,118.60 2,421,301,032.50 631,806,249. 00 299,226,600. 00 87,294,340.00 81,196,580.00 16,631,500.00 32,472,000. 00 174,838,420.10 59,748,881.40 182,868,967.50 24,707,751. 00 19,159,400.00 31,755,660.00 343,420.00 18,500.00 18,000.00 398,328,000 6,854,267,600 395,719,000 6,360,808,600.00 493,459,000.00 243,432,000 72,472,000 124,580,000 160,000 800,000 2,387,711,600 953,660,000 2,728,750,000 656,514,000 318,546,000 119,850,000 81,540,000 16,650,000 32,490,000 214,906,676 66,277,554 112,627,000 11,922,330 7,446,540 22,235,400 35,500 1,000 2,184,347,855. 90 887,716,672. 60 2,533,928,032.50 643,728,579. 00 306,673,140. 00 109,529,740. 00 81,232,080. 00 16,632,500. 00 32,472,000. 00 203,363,744.10 65,943,327.40 194,821,967.50 12,785,421.00 11,872,860.00 10,320,260.00 307,920.00 17,500.00 18,000. 00 441,444,000 7,295,711,600 435,452,000 6,796,260,600. 00 499,451,000.00 251,428,000 69,768,000 114,800,000 1,960,000 11,120,000 3,200,000 2,639,139,600 1,023,428,000 2,843,550,000 658,474,000 329,666,000 123,050,000 81,540,000 16,650,000 32,490,000 239,688,841 72,146,764 133,492,895 5,243,570 4,311,180 3,958,850 21,400 1,500 2,000 2,424,036,696. 90 959,863,436. 60 2,667,420,927. 50 648,972,149.00 310,984,320.00 113,488,590.00 81,253,480.00 16,634,000. 00 32,474,000.00 215,102,903.10 63,564,563.40 176,129,072.50 9,501,851.00 18,681,680.00 9,561,410.00 286,520.00 16,000.00 16,000. 00 452,276,000 7,747,987,600' 458,867,000 7,255,127,600.00 492,860,000. 00 231,568,000 46,496,000 58,240,000 8,480,000 160,000 2,870,707,600 1,069,924,000 2,901,790,000 666,954,000 329,826,000 123,050,000 81,540,000 16,650,000 32,490,000 227,957,168 59,328,792 128,675,105 4,979,930 5,373,030 2,254,175 20,300 500 2,651,993,864.90 1,019,192,228. 60 2,796,096,032.50 653,952,079.00 316,357,350.00 115,742,765.00 81,273,780.00 16,634,500.00 32,474,000.00 218,713,735.10 50,731,771. 40 105,693,967.50 13,001,921. 00 13,468,650.00 7,307,235.00 266,220.00 15,500.00 16,000.00 344,944,000 8,092,931,600 428,589,000 7,683,716,600.00 409,215,000.00 82,564,000 9,680,000 20,000 600,000 2,953,271,600 1,079,604,000 2,901,810,000 667,554,000 329,826,000 123,050,000 81,540,000 16,650,000 32,490,000 186,490,848 39,129,722 59,747,530 5,904.140 5,008,660 1,836,200 17,400 1,500 2,838,484,712.90 1,058,321,950.60 2,855,843,562.50 659,856,219. 00 321,366,010.00 117,578,965.00 81,291,180.00 16,636,000.00 32,474,000.00 114,786,887.10 21,282,049. 40 45,966,437.50 7,697,781.00 8,459,990.00 5,471,035.00 248,820. 00 14,000.00 16,000.00 92,864,000 8,185,795,600 298,136,000 7,981,852,600.00 203,943,000. 00 78 REPORT OF THE TREASURER OF THE UNITED STATES, No. 22.—Amount of United States notes, Treasury notes, gold and silver certificates of each denomination issued, redeemed, and outstanding at the close of each fiscal year from 1912. Denominations. Issued during year. Total issued. Redeemed during year. Total r edeemed. Outstanding. 1912. One dollar $186,460,000 $1,802,627,760 $175,626,278 1,639,095,724.70 $163,532,035.30 Two dollars 65,152,000 925,791,048 62,892,847 '86i;320;228.80 64,470,819.20 Five dollars 252J 760', 000 3,403381,760 232,890,705 3,003', 765', 482.50 396; 916; 277.50 Ten dollars 164', 800,000 2,716; 253', 240 152,013,430 2,354,023,933.00 362,229,307.00 Twenty dollars 83j360j000 1,736,028,400 80,624,690 i; 462', 415; 364.00 273;613;036.00 Fifty dollars 17,000,000 '423,240,200 16,095;000 361,913,460.00 61,326,740.00 One'hundred dollars 20300; 000 570378300 18,931,850 485,407,630 00 85,470,670.00 Five hundred dollars.... 3,950,000 353,920,000 3,421,500 331,189,000.00 22,731,000.00 One thousand dollars.... 9,500,000 882,767,000 14,481,000 777,790,500.00 104,976,500.00 Five thousand dollars.... 6,000,000 746,540,000 6,775,000 651,520,000.00 95,020,000.00 Ten thousand dollars.... 107,470,000 1,817,880,000 90,180,000 1,575,950,000.00 241,930,000.00 Total 916,852,000 15,379,607,708 853,932,300 13,507,391,323.00 1,872,216,385.00 Unknown, destroyed 1,'000,'000.00 1,000,000.00 Net 916,852,000 15,379,607,708 853,932,300 13,508,391,323.00 1,871,216,385.00 1913. One dollar 204,048,000 2,006,675,760 186,531,964 1,825,627,688.70 181,048,071 30 Two dollars 68; 664; 000 994,455,048 65; 368; 956 '926; 689', 184.80 67,765,863.20 Five dollars 266,760;000 3,670,441,760 249', 171', 570 3,255,'937; 052.50 414,'504,'707.50 Ten dollars 206,840,000 2; 923; 093; 240 172,133,010 2,526,156,943.00 396,936', 297.00 Twenty dollars 103,680,000 1,839,708,400 85,492,600 i; 547,907,964.00 291,800;436.00 Fifty dollars 19,400,000 442,640,200 16,906,550 378,820,010.00 63,820,190.00 One hundred dollars 24,400,000 595,278,300 20,943,050 506,350,680.00 88,927,620.00 Five hundred dollars.... 4,100,000 358,020,000 4,475,500 335,664,500.00 22,355,500.00 One thousand dollars.... 10,500,000 893,267,000 16,677,000 794,467,500.00 98,799,500.00 Five thousand dollars.... 10,000,000 756,540,000 28,290,000 679,810,000.00 76,730,000.00 Ten thousand dollars.... 117,070,000 1,934,950,000 141,070,000 1,717,020,000.00 217,930,000.00 Total 1,035,462,000 16,415,069,708 987,060,100 14,494,451,523.00 1,920,618,185.00' Unknown, destroyed 1,000,000.00 1,000,000.00 Net 1,035,462,000 16,415,069,708 987,060,200 14,495,451,523.00 1,919,618,185.00 1914. 193,856,000 2,200,531,760 193,040,778 2,018,668,466.70 181,863,293.30 Two dollars 63; 032; 000 1,057,487,048 65', 292; 992 991,982,176.80 65,504,871.20 250,180,000 3; 920321; 760 251,733; 590 3,507,670; 642.50 412,951,117.50 Ten dollars 185; 640', 000 3,108,733,240 184', 569', 810 2,710,726,753.00 398,006,487.00 Twenty dollars 80,080,000 1319; 788,400 89,788,430 1,637,696,394.00 282,092,006.00 24;800,000 '467; 440; 200 17; 778; 700 396,598,710.00 70,841,490.00 One hundred dollars 24300; 000 619,878,300 21,278,000 527,628,680.00 92; 249', 620.00 Five hundred dollars.... 7,000,000 365,020,000 4,130,000 339,794,500.00 25,225,500.00 One thousand dollars.... 22,800,000 916,067,000 24,499,000 818,966,500.00 97,100,500.00 Five thousand dollars... 33,500,000 790,040,000 36,770,000 716,580,000.00 73,460,000.00 Ten thousand dollars.... 189,820,000 2,124,770,000 185,100,000 1,902,120,000.00 222,650,000.00 Total 1,075,308,000 17,490,377,708 1,073,981,300 15,568,432,823.00 1,921,944,885.00 Unknown, destroyed 1,000,000.00 1,000; 000.00 Net 1,075,308,000 17,490,377,708 1,073,981,300 15,569,432,823.00 1,920,944,885.00 1915. One dollar 196,816,000 2,397,347,760 201,667,257 2,220,335,723.70 177,012,036.30 Two dollars 60,272,000 1,117,759,048 64,439,058 1,056,421,234.80 61,337,813.20 Five dollars 192,340,000 4,112,961,760 219,755,105 3,727,425,747.50 385,536,012.50 Ten dollars 113,040,000 3,221,773,240 162,806,830 2,873,533,583.00 348,239,657.00 Twenty dollars 51,680,000 1,971,468,400 91,942,750 1,729,639,144.00 241,829,256.00 Fifty dollars 31,000,000 498,440,200 21,476,200 418,074,910.00 80,365,290.00 One”hundred dollars 15,200,000 635,078,300 24,652,400 552,281,080.00 82,797,220.00 Five hundred dollars.... 2,200,000 367,220,000 4,856,500 344,651,000.00 22,569,000.00 One thousand dollars.... 38,000.000 954,067,000 31,105,000 850,071,500.00 103,995,500.00 Five thousand dollars.... 55,000,000 845,040,000 32,575,000 749,155,000.00 95,885,000.00 Ten thousand dollars.... 409,170.000 2,533,940,000 169,810,000 2,071,930,000.00 462,010,000.00 Total 1,164,718,000 18,655,095,708 1,025,086,100 16,593,518,923.00 2,061,576,785.00 Unknown, destroyed.... 1,000,000.00 1,000,000.00 Net 1,164,718,000 18,655,095,708 1,025,086,100 16,594,518,923.00 2,060,576,785.00 REPORT OF THE TREASURER OF THE UNITED STATES. 79 No. 22.—Amount of United States notes, Treasury notes, gold and silver certificates of each denomination issued, redeemed, and outstanding at the close of each fiscal year from 1912—Continued. Denominations. Issued during year. Total issued. Redeemed during year. Total redeemed. Outstanding. 1916. One dollar 8243,342,000 82,640,779,760 $214,914,555 $2,435,250,278.70 $205 529 481 30 Two dollars 72,472,000 1^190' 231/148 66' 286' 960 1,122,708,194.80 67 522'853 20 Five dollars 268' 720' 000 4' 381'681^760 228^ 252'155 3' 955' 677' 902 50 426 003' R57 50 Ten dollars 196' 920' 000 3' 418' 693' 240 131,681,900 3,005,215,483.00 413'477'757 no Twenty dollars 100,160,000 2' 071,' 628'400 53' 169' 680 1 782 808 824.00 288' 819' 57R no Fifty dollars 19' 200' 000 ' 517^640' 200 31,489 150 '449 564 060 00 68 076"14Q 00 One'hundred dollars 23^200'000 658,278,300 13,790,700 566’071'780.66 92^206’520^00 Five hundred dollars.... 8,050,000 375,270,000 3,074,000 347,725,000.00 27,545,000.00 One thousand dollars.... 37,100.000 991,167,000 10,181,000 860,252,500.00 130,914,500.00 Five thousand dollars.... 31,500,000 876,540,000 1,510,000 750,665,000.00 125,875,000.00 Ten thousand dollars.... 509,580,000 3,043,520,000 238,870,000 2,310,800,000.00 732,720,000.00 Total 1,510,334,000 20,165,429,708 993,220,100 17,586,739,023.00 2 578 690 685 nn Unknown, destroyed.... 1,000,000.00 1,000' 000.00 Net 1,510,334,000 20,165,429,708 993,220,100 17,587,739,023.00 2,577,690,685.00 1917. One dollar 261,732,000 2 902,511,760 240,104 481 2 675 354 759 70 Two dollars 78,984,000 1 269 215,048 72 469 944 1 * 195*178*138 80 Five dollars 256,320,000 4 638 001 760 278 068 565 4'233'746'467 50 Ten dollars 291,560,000 3'710'253,240 189’760'120 3'194'975'603 00 515' 277' 637 00 Twenty dollars 139,840,000 2' 211,468,400 66 865 790 1'849 674 614 00 361 793 786 00 Fifty dollars 40,800,000 '558'440'200 17,618 400 1 467 182 460 00 91'257' 746 00 One' hundred dollars 41'200'000 699'478'300 18,’320,'700 584'392'480.00 115’ 085^820^00 Five hundred dollars.... 8,400,000 383,670,000 3,714,000 351,439,000.00 32,231,000.00 One thousand dollars.... 43,100,000 1,034,267,000 30,931,000 891,183,500 00 143,083,500.00 Five thousand dollars.... 21,000,000 897,540,000 3,890,000 754,555.000.00 142,985,000.00 Ten thousand dollars.... 885,420,000 3,928,940,000 790,030,000 3,100,830,000.00 828,110,000.00 Total 2,068,356,000 22,233,785,708 1 711 773 000 19 298 512 023.00 2 935 273 685 nn Unknown, destroyed.... ’ i,’600’606.66 1'000'060; 00 Net 2,068,356,000 22,233,785,708 1,711,773,000 19,299,512,023.00 2,934,273,685.00 1918. One dollar 269,396,000 3,171,907,760 240,373,680 2 915 728,439 70 256 179 320 30 Two dollars 83,848 000 1 353 063,048 71 936 633 1 267 114 771 80 Five dollars 177,520,000 4' 815,521,760 273* 436' 957 4'507’183'424 50 308 338* 335 50 Ten dollars 61' 520' 000 3'771'773^240 180,039,980 3 375,015 583 00 396' 757' 657 00 Twenty dollars 26' 880^ 000 2'238'348'400 118'286' 150 1 967 960 764 00 270 387 636 00 Fifty dollars 5,' 800^ 000 ' 564' 240' 200 15'354,'100 482,536,560 00 81 703*640 00 One'hundred dollars 5,200,000 704,678,300 14,574,000 598,966,480.00 105’ 711’82d; do Five hundred dollars 3,850,000 387,520,000 7,242,500 358,681,500.00 28,838,500.00 One thousand dollars.... 12,900,000 1,047,167,000 14,984,000 906,167,500.00 140,999,500.00 Five thousand dollars.... 500,000 898,040,000 835,000 755,390,000.00 142,650,000.00 Ten thousand dollars.... 105,710,000 4,034,650,000 208,100,000 3,308,930,000.00 725,720,000.00 Total 753,124,000 22,986,909,708 1,145,163,000 20,443,675,023.00 2,543,234,685 00 Unknown, destroyed.... 1,000,000.00 i' ooo^ooo. 66 Net 753,124,000 22,986,909,708 1,145,163,000 2 0,444,675,023.00 2,542,234,685.00 1919. One dollar 213,880,000 3,385,787,760 249,349,706 3,165,078,145 70 220,709,614 30 Two dollars 73,448,000 1,426,511,048 89,279,559 1'356^394'330.80 70,116,717 20 Five dollars 48' 340' 000 4' 863' 861' 760 167^980'465 4' 675' 163' 889.50 188,697,870.50 Ten dollars 600,000 3,772,373,240 123,092,450 3'498' 108,'033.00 274,265,207.00 Twenty dollars 2,238,348,400 47,636,970 2,015,597,734.00 222' 750' 666.00 Fifty dollars 564,240,200 15,333,150 497,869,710.00 66^370'490.00 One' hundred dollars 704,678,300 18,791,200 617', 757' 680.00 86,920,620.00 Five hundred dollars.... 387,520,000 2' 279,500 360' 961' 000.00 26 559J 000.00 One thousand dollars.... 1,047,167,000 7'092'000 913^259'500.00 133^907; 500.66 Five thousand dollars.... 898,040,000 450,000 755,840,000.00 142,' 200000.00 Ten thousand dollars.... 13,870,000 4,048,520,000 68,450,000 3,377,380,000.00 671,140,000 00 Total 350,138,000 23,337,047,708 789,735,000 21,233,410,023.00 2,103,637,685.00 Unknown, destroyed.... 1,000,000.00 1,000,000.00 Net 350,138,000 23,337,047,708 789,735,000 21,234,410,023.00 2,102,637,685.00 80 REPORT OF THE TREASURER OF THE UNITED STATES. No. 23.—Amount of paper currency of each denomination outstanding at the close of each fiscal year from 1912. Denominations. Legal-tender notes. Certificates. National-bank notes. Total. 1912. One dollar $2,204,600 $161,327,436 $343,588 $163,875,624 Two dollars 1,616,703 62,854,116 164,312 64,635,131 Five dollars 169,738,090 227,178,187 141,565,470 538,481,747 Ten dollars 115,036,396 12,627,402 247,192,911 328,508,870 690,738,177 Twenty dollars 260,985, 634 224,856,140 498,469,176 Fifty dollars... 1,855,925 59,470,815 16,373,800 77,700,540 One hundred dollars 4,862, 900 80,607,770 35,032,350 120,503,020 Five hundred dollars 4,470,000 18,261,000 89,500 22,820,500 One thousand dollars 38,188,000 66,788,500 23.000 104,999,500 Five thousand dollars 10,000 95,020,000 95,020,000 Ten thousand dollars 241,920,000 241,930,000 Total 350,610,016 1,521,600,369 746,957,030 2,619,173,415 Unknown, destroyed 1,000,000 1 1, 872,722 2,872,722 Net 319,610,016 1,521,606,369 745,084,308 2,616,300, 693 1913. One dollar 2,192,944 178,855,128 343,587 181,391,659 67,930,175 Two dollars 1,606,239 66,159,624 164,312 Five dollars 195,439.630 219,065,077 143,751,670 558,256,377 Ten dollars 96,724,916 300,211,381 331,208,900 728,145,197 Twenty dollars 10,444,262 281,356,174 230,391,800 522,192,236 Fifty dollars 1,700,725 62,119,465 19,587,900 83,408,090 One hundred dollars 4,355,300 84,472,320 34,855,550 123,783,170 Five hundred dollars 4,035,000 18,320,500 89,000 22,444,500 One thousand dollars 33,832,000 64,967,500 23,000 98,822,500 Five thousand dollars 10,000 76, 730,000 76,730,000 Ten thousand dollars 217,920,000 217,930,000 Total 350,341,016 1,000,000 1,570,277,169 760,415, 719 2,681,033,904 Unknown, destroyed i 1,309,820 2,309,820 Net 349,341,016 1,570,277,169 759,105,899 2,678,724,084 — — 1914. One dollar 2,183,167 179,680,127 342,763 182,206,057 Two dollars 1,597,446 63,907,425 163,786 65, 668,657 Five dollars 203,581,540 209,369,577 137,195,685 550,146,802 Ten dollars 94,456,856 303,549, 631 331,746,930 729,753,417 Twenty dollars 8,800, 682 273,291,324 231,079,920 513,171,926 Fifty dollars 1,702,925 69,138,565 20,651,300 91,492, 790 One hundred dollars 3, 906,900 88,342,720 31,504,150 123,753,770 Five hundred dollars 3,867,500 21,358,000 88,500 g5,314,000 One thousand dollars 30,013,000 67,087, 500 22.000 97,122,506 Five thousand dollars 10,000 73,460,000 73,460,000 Ten thousand dollars 222,640,000 222,650,000 Total 350,120,016 1,571,824,869 752,795,034 i 2,176,180 2,674,739,919 Unknown, destroyed 1,000,000 3,176,180 Net 349,120,016 1,571,824,869 750,618,854 2,671,563,739 1915. One dollar 2,173,616 174,838,421 342,317 177,354,354 Two dollars 1,588.932 59,748,881 163,568 61,501,381 Five dollars 234,046,045 182,868,967 137,881,535 554,796,547 Ten dollars 136,645,546 239,648,171 354,680,300 730,974,017 Twenty dollars 23.221,402 233. '*45, 294 240,959 860 506,626,556 Fifty dollars 7,032,275 78,323,015 . 32,964,600 118,319,890 One hundred dollars 8,099,700 79,697,520 45,305,700 133,102,920 Five hundred dollars 2,749,000 19,820,000 88,500 22,657,500 One thousand dollars 18,629,000 85,366,500 22,000 104,017,500 Five thousand dollars 95,885,000 95,885,000 Ten thousand dollars 10,000 462,000,000 462,010,000 Total 434,195,516 1,711,641,769 821,408,380 2,967,245,665 Unknown, destroyed 1,000,000 i 2,188,930 3,188,930 Net a 433,195,516 1,711,641,769 819,219,450 2,964,056,735 1 Redeemed but not assorted by denominations. 2 Including Federal reserve notes. REPORT OF THE TREASURER OF THE UNITED STATES. 81 No. 23.—Amount of paper currency of each denomination outstanding at the close of each fiscal year from 1912—Continued. Denominations. Legal-tender notes. Certificates. National-bank notes. Total. 1916. One dollar Two dollars Five dollars Ten dollars Twentv dollars Fifty dollars One hundred dollars Five hundred dollars One thousand dollars Five thousand dollars $2,165,737 1,579,526 288,146,060 146,145,396 45,461,122 9,543,025 14,510,600 2,727,000 15,664,000 $203,363,745 65,943,327 194,821,967 328,551,981 281,715,014 66,349,315 89,507,820 24,818,000 115,250,500 125,875,000 732,710,000 $342,208 163,498 116,944,405 323,090,680 244,043,260 30,684,900 38,915,200 88,000 22,000 $205,871,690 67,686,351 599,912,432 797,788,057 571,219,396 106,577,240 142,933,620 27,633,000 130,936,500 125,875,000 732,720,000 Ten thousand dollars Total Unknown, destroyed Net 1917. One dollar Two dollars Five dollars Ten dollars Twenty dollars Fifty dollars One hundred dollars Five hundred dollars One thousand dollars Five thousand dollars 10,000 525,952,466 1,000,000 2,228,906,669 754,294,151 1 1,174,770 3,509,153,286 2,174,770 2 524,952,466 2,228,906,381 3 753,119,381 3,506,978,516 12,054,097 10,472,346 348,072,825 247,245,121 182,006,712 34,819,375 46,865,000 2,342,500 13,177,000 215,102,904 63,564,563 176,129,072 447,690,891 349,735,204 89,794,115 112,719,920 29,888,500 129,906,500 142,985,000 828,100,000 342,072 163,392 114,317,620 307,273,590 243,681,760 28,909,600 34,887,550 88,000 21,000 227,499,073 74,200,301 638,519,517 1,002,209,602 775,423,676 153,523,090 194,472,470 32,319,000 143,104,500 142,985,000 828,110,000 Ten thousand dollars Total Unknown, destroyed Net 1918. One dollar Two dollars Five dollars Ten dollars Twenty dollars Fifty dollars One hundred dollars Five hundred dollars One thousand dollars Five thousand dollars.. . 10,000 897,064,976 1,000,000 2,585,616,669 729,684,584 i 1,530,800 4,212,366,229 2,530,800 2 896,064,976 2,585,616,669 3 728,153,784 4,209,835,429 37,465,585 35,216,505 476,738,923 662,033,401 594,796,972 225,556,575 154,632,000 1,509,50(5 9,160,000 218,713,736 50,731,771 105,693,967 347,180,836 259,758,824 80,467,415 103,620,620 27,329,900 131,839,500 142,650,000 725, 710,000 342,072 163,392 122,263,135 300,737,690 252,648,060 30,250,750 34,661,200 88,000 21,000 256,521,393 86, 111,668 704,696,025 1,309,951,927 1,107,203,856 336,274,740 292,913,820 28,926,500 141,020,500 142,650,000 725,720,000 Ten thousand dollars Total Unknown, destroyed Held in Treasury Net 10,000 2,197,119,461 1,000,000 2,193 95,669 741,175,299 i 1,583,420 5,131,990,429 2,583,420 2,196,119,461 36,734,053 2,193,695,669 775,378,829 739,591,879 20,168,502 5,129,407,009 832,281,384 2 2,159,385,408 1,418,316,840 3 719,423,377 4,297,125,625 1 Redeemed but not assorted by denominations. 2 Including Federal reserve notes. 3 Including Federal reserve bank notes. The figs, for 1919 cannot be furnished on account of delays in giving denominations of Federal reserv notes outstanding. 142530—19----6 82 REPORT OF THE TREASURER OF THE UNITED STATES. No. 24.—Old demand notes of each denomination issued, redeemed, and outstanding June 30, 1919. Denominations. Total issued. Redeemed during year. Total redeemed. Outstanding.. Five dollars Ten dollars Twenty dollars Total $21,800.000.00 20,030,000.00 18,200.000.00 $60.00 60.00 20.00 $21.778,752. 50 20,010,355.00 18.187,880.00 $21,247.50 19,645.00 12.120.00 60,030.000.00 140.00 59.976,987.50 53,012.50 No. 25.—Fractional currency of each denomination issued, redeemed, and outstanding June 30, 1919. Denominations. Totalissued. Redeemed during year. Total redeemed. Outstanding, Three cents $601,923.90 $3.00 $511,742.70 $90,181.20 Five cents 5.694.717.85 15.00 3.836,380.73 1,858.337.12 Ten cents 82,198,456.80 290.00 77.145,056.80 5.053,400.42 Fifteen cents 5.305,568.40 15.00 5.065,718.91 ' 239,' 849.49 Twenty-five cents 139,031,482.00 700.00 134,769,732.13 4,261'. 749.87 Fifty cents 135; 89i; 930.50 800.00 132,144,195.45 3,747,735.05- Total 368,724,079.45 1,823.00 353,472,826.30 15,251,253.15 Unknown, destroyed 32,000.00 32,000.00 Net 368,724,079.45 1,823.00 353,504,826.30 15,219,253.15 No. 26.—Compound-interest notes of each denomination issued, redeemed, and outstanding June 30, 1919. Denominations. Total issued. Redeemed during year. Total redeemed. Outstanding. Ten dollars $23,285,200 $70 $23.266.170 $19,030 Twenty dollars 30,125,840 20 30,094,630 31,210* Fifty dollars 60', 824', 000 60,762,950 61,050* One hundred dollars 45; 094,400 45; 062.600 31 800 Five hundred dollars 67;846.000 67,835,000 Hi 000 One thousand dollars 39,420,000 39,416,000 4.000 Total 266,595,440 90 266,437.350 158,090 No. 27.—One and two year notes of each denomination issued, redeemed, and outstanding June 30, 1919. Denominations. Totalissued. Redeemed during year. Total redeemed. Outstanding. Ten dollars $6,200.000 $30 $6,194,100 $5 900 Twenty dollars 16; 440,000 16,427,900 12,100 Fifty dollars 20', 945.600 20;932;350 13,250 One hundred dollars 37; 804,400' 37; 788,600 15 800 Five hundred dollars 40,302.000 40,300.500 1,500 One thousand dollars 89,308,000 89,289,000 19; doo Total 211,000,000 30 210,932.450 67,550 Unknown, destroyed 10,590 io; 590 Net 211,000,000 30 210,943,040 56,960 REPORT OF THE TREASURER OF THE UNITED STATES. 83 No. 28.—-United States paper currency of each class, together with one and two year notes and compound-interest notes, issued, redeemed, and outstanding June 30, 1919. Class. Issued during year. Total issued. Redeemed during year. Total redeemed. Outstanding. Old demand notes United States notes Treasury notes of 1890... Gold certificates Silver certificates Currency certificates Fractional currency One and two year notes.. Compound-interest notes $243,404,000 13,870,000 92,864,000 $60,030,000.00 5,840,039.808.00 447,435,000.00 8,896,777,880.46 8,185,795,600.00 1,473,625,000.00 368,724,079.45 211,000,000.00 266,595,440.00 $243,404,000.00 104,000.00 248,091,000.00 298,136,000.00 1,823.00 30.00 90.00 $59,976,987.50 5,493,358,792.00 445,681,000.00 7,346,518,211.46 7,981.852,600.00 1,473,625,000.00 353,504,826.30 210,943,040.00 266,437,350.00 $53,012.50 346,681,016.00 1,754,000.00 1,550,259,669.00 203,943,000.00 15,219,253.15 56,960.00 158,090.00 Total 350,138,000 25,750,022,807 91 789,736,943.00 23,631,897,807.26 2,118,125,000.65 No. 29. — United States notes and Treasury notes redeemed in gold from Jan. 1, 1879, to June 30, 1919; also imports and exports of gold, by fiscal years, from 1901. Periods. United States notes. Treasury notes. Total. Imports of gold. Exports of gold. Total to June 30, 1900 $564,147,359 $106,556,655 $670,704,024 Fiscal year 1901 23^ 776j 433 446^678 24 223 111 $66 051 187 $53 185 177 Fiscal year 1902 17,482,590 1,274 590 18’757’180 52021254 48568’950 Fiscal year 1903 7,154,718 1 112,527 s’267 245 44’982’027 47’090’595 Fiscal year 1904 11,081,068 '473,976 11’555’044 81’459’086- Fiscal year 1905 11'517'579 340,675 11 858 254 53’648’ 961 92’ 594’ 024 Fiscal year 1906 11352,195 192 810 11 645 005 96’221’730 38’573’591 Fiscal year 1907 12,690,887 101,278 12’ 792’ 165 114’510 249 51399 176 Fiscal year 1908 21,278,307 41,705 21 320 012 148 337321 72’432’ 924 Fiscal year 1909 19,984336 31,405 20 015,941 44’003’989 91’531’818 Fiscal year 1910 11395' 012 9,880 11704 892 43’339905 118’563’215 Fiscal year 1911 22, 844', 635 48,160 22 892’795 73 607 013 22’509’653 Fiscal year 1912 45,490,350 7 955 45 498 395 48’936’ 500 57’328’348 Fiscal year 1913 67,850,957 67,830 67’918’787 69’194’025 77’762’ 622 Fiscal year 1914 72'194'576 4,500 73 199 076 66 538659 112’038’ 529 Fiscal year 1915 49,599,925 1,740 49’601’665 171568’755 146’224’ 148 Fiscal year 1916 70,684,405 2,000 70 686 405 494’009’391 90’ 249’548 Fiscal year 1917 38,555,910 38,555,910 977; 176; 026 29i;92i;225 Total to June 30, 1917 1,080,481,452 116,714,364 1,191,195,816 1917—July 1,819,107 1 819,107 27 303 798 69 052 357 August 3,055,863 3 055 863 18’692’170 46’049’306 September... 654,185 ’654,185 4’ 171535 31’332396 October 1,224'222 1 224 222 4 149 582 11’154’074 November ' 833,' 602 ’833,602 2’906476 7’223 160 December 302' 108 392,108 17 065874 4’ 538’136 1918—January 153,' 564 153,564 4404254 3’746’244 February 139' 760 130,760 2,549’168 5’084’660 March 111,679 111,679 1,912 362 2’809’359 April 2,745 727 3’560’084 May 6 620 516 3 598 946 June 31 892’021 2,704;102 Total for fiscal year 1918.... 8,285,000 8,285,090 124,413,483 190,852,224 1918—July 89,000 89 000 2 596 886 7 199 908 August.................... 26,000 26,000 1554’838 3’277’ 134 September 20,' 000 20,000 1 610836 2’283’929 October 119'000 119,000 l’470’239 1 178’149 November 63'000 63,000 1,920209 3’047’907 December 15,000 15,000 1,765 692 l’579’996 1919—January 131,000 134,000 2,113 217 3’ 396’098 February 514^000 514,000 3,944 839 3’ lio’153 March 30l', 000 301,000 10,481' 197 3803’229 April 100,000 100,000 6,691,795 1 770’057 Mav 109300 109,000 1,079 525 1956’ 135 * June 3; 000 16,000 26,134 460 82’ 972’ 840 Total for fiscal year 1919.... 1,536,000 1,506,000 62,363,733 116,575,535 Aggregate to June 30, 1919.. 1,090,272,542 110,714,364 1,200,986,906 84 REPORT OF THE TREASURER OF THE UNITED STATES. No. 30.— Treasury notes of 1890 retired by redemption in silver dollars and outstanding, together with the silver in the Treasury purchased by such notes, for each month, from January, 1913. i Months. Retired by redemption. Outstanding. Bullion in Treasury. Dollars in Treasury. $24,000 $2,773,000 $2,773,000 31,000 2,742,000 2,742,000 March 20' 000 2', 722; 000 2; 722', 000 Kuril 13' 000 2,709; 000 2,709; 000 Mav 777777777 21,000 2,688,000 2,688,000 j une 28,000 2,660,000 2,660,000 Julv ... 15,000 2,645,000 2,645,000 Xugust 16,000 2,629,000 2; 629,000 September... 22' 000 2,607,000 2,607,000 October 17,000 2,590,000 2,590,000 November... 16,000 2,574,000 2; 574,000 Decern ber 19,000 2,555; 000 2,555,000 2914—January.. 16,000 2', 539; 000 2,539,000 February 20,000 2,519,000 . 2,519,000 March.... is;ooo 2,501,000 2,501' 000 April... . 20;000 2,481; 000 2,481,000 May 21; 000 2,460,000 2,460,000 June 21,000 2,439,000 2,439,000 July 6; 000 2,433,000 2,433; 000 August.. 18,000 2,415,000 2,415,000 September... 21,000 2,394,000 2,394,000 October 8,000 2,386,000 2,386; 000 November.... 18,000 2,368,000 2;368,000 December.. 17,000 2,351,000 2,351,000 1915—January 20; 000 2,337000 2,331,000 February.. 12; 000 2,319,000 2,319,000 March.... 22;000 2,297,000 2,297,000 April... e;ooo 2,291,000 2,291,000 Mav 25,000 2,266,000 2,266,000 June 12;000 2; 254; 000 2,254,000 J uly 9,000 2,245,000 2,245,000 August... 23,000 2,222,000 2,222,000 September... 8', 000 2,214; 000 2,214;000 October 12;000 2,202,000 2,202,000 November 15,000 2,18', 000 2,187,000 December.. . 9,000 2,178,000 2,178,000 1916—January 11,000 2,167,000 2,167,000 February 16;000 2,151,000 2,157 000 March 12,000 2,139,000 2,139; 000 April... 13,000 2,126,000 2,126,000 May 9; 000 2,117,000 2,117,000 J uno... 14,000 2,103,000 2,103,000 July 13;000 2', 092,000 2,092;000 August 8,000 2,084,000 2,084,000 September 21; 000 2,063; 000 2,063,000 October 8', 000 2,055,000 2,055,000 November.. 6,000 2,049;000 2,049; 000 December 5; 000 2;044,000 2; 044; 000 1917—January 12,000 2,032,000 2,032,000 February 12,000 2,020,000 2,020,000 March.... 9,000 2,011,000 2,011,000 April... 17', 000 1,994,000 1,994,000 May 10,000 1,984,000 1,984,000 J une... 8,000 1,976,000 1,976,000 July 9,000 1,967,000 1,967,000 August... . . 7; 000 i; 960; 000 1,960;000 September 15,000 1,945,000 1,945,000 October . 11,000 1,934,000 i; 934,000 November is; 000 1,916', 000 1,916,000 December.. 3,000 1,913,000 1,913,000 1918—January 6,000 1,907; 000 1,907,000 February 20; 000 1,887 000 1,887,000 March.... 8,000 1,879,000 1,879,000 A pril... 6; 000 i; 873; 000 1,873,000 May 8,000 1,865,000 1,865,000 June 7; 000 7 858,000 1,858,000 July 8; 000 1,850,000 7850;000 August... 9,000 1,841,000 1,841,000 September 1,841,000 1,841,000 October 26,000 7815; 000 i; 815', 000 November 7 000 1,814,000 i; 814,000 December 6,000 1,808,000 1,808,000 1919—January.. 10,000 1,798,000 1,798,000 February 12;000 1,785,000 1,786,000 March 7,000 1,779,000 i;779,000 April 8,000 1; 771; 000 1,771,000 May 6,000 1,765,000 1,765,000 June... . 11,000 1,754,000 1,754,000 REPORT OF THE TREASURER OF THE UNITED STATES. 85 No. 31.—■ Transactions betiveen the subtreasury and clearing house in New York during each month from January, 1913. Months. Checks sent to clearing house. Checks receives from clearing house. Balances due subtreasury. Balances due clearing house. 1913—January $61,844,908. 72 $90,196,866.46 $1,669,142. 62 $30,021,100.36 February.... 62,027,287. 28 52,539, 839. 61 13,066, 708.08 3,579,260.41 March 54, 224,012. 28 45; 592,394. 71 12,406,740.11 3,775,122.54 April 49,955,878.13 45,536,120. 99 8,925,665. 28 4,505,908.14 May 48,907,447.12 46,385,163.08 7,575,345.34 5,053,061.30 June .... 61, 751,207. 27 55,358,131.76 11,718,292. 27 5,325,216. 76 July 72,921,382. 56 53,754,901.21 20,159,955. 43 993,474.08 August 68,727,701. 75 50,401,547.25 20,269,527.13 1,943; 372. 63 September 59,494,102. 60 48,843,928.63 12,103, 608. 69 1,453,434.72 October 69,158,499.93 50,141,459. 72 20,843,216. 53 1,826; 176.32 November 56,577,651. 45 48,436,261. 45 11,591,909. 65 3,450,519. 65 December 63,398,930.01 49,078,801. 56 17,561,026. 40 3,240,897.95 1914—January 57,262,737. 74 70,077, 576.35 1,886,346.15 14,701,184. 7fr February 54,030,371.96 50,956,228. 55 9,186, 818.15 6,112,674. 74 March...... 63,300,830. 24 50,302,448. 70 15,583,164.14 2,584,782. 60 April 56,923,267.07 54,388,077. 60 8,587,145. 84 6,051,956.37 May 56,878,299. 73 58,895,330. 71 6, 586,447.97 8,603,478.95 June 73,070,490. 45 53,371,961.39 22,591,281.11 2, 892,752.05 July 86,684,947. 53 52,275,466.00 37,198,762. 58 1 2,789,281.05 August .' 50,495,156.43 28, 246, 024. 44 22, 562, 085. 86 312,953. 87 September 34i 220,745. 50 31,185', 869. 23 6; 162; 274. 76 3,127,398.49 October 29,624,955. 54 45,908,790. 73 711,905. 54 16; 995,740. 73 November . 32,165,743. 87 43,647,282.15 3,250,190.35 14,731,728. 63 December 47,662,073.10 53; 669', 357. 42 6,103, 279. 59 12,110,563.91 1915—January. 44,319,743. 73 64,194,353. 56 2,096,732.47 21,971,342.30 February 50,416,156. 59 38,099,851. 01 12,562,062. 62 245,757. 04 March..’ 53,389,551. 58 45,988,855.95 10,402,758. 30 3,002,062. 67 April 41,537,293.16 47,473,476.62 2,920,292. 72 8,856,476.18 May 42; 536', 895.00 41,932,779. 79 6,898,322. 24 6; 294; 207.03 June 54,991,570. 55 35,028,845. 61 22,206, 735.15 2; 244; 010. 21 July 60,156,416. 41 37,315,155.19 25,278,661.08 2; 537; 399. 76 August 43,841,248. 87 43,525,005. 68 8,258,279. 57 7,942,036.38 September 40,585,404. 82 49,204,632. 82 6,570,307. 28 15,189,535. 28 October 47,724,205.34 61,812,218.52 8,433,660. 25 22,521,673.43 November.... 51,508,201. 79 44,188,505.94 12,447,329.90 5,127,634. 05 December 56,323,679.10 44,053,654. 58 15,142,157.18 2,872,132. 66 1916—January 44,272,497. 59 47,059,261.07 10,181,933. 99 12,968,697.47 February 42,393,109.21 26,682,345.18 17,283,632. 57 1,572,868.54 March.." 48,700,539. 78 31,168,411.30 19,024,644.27 i; 492,515. 79 April 44,014, 862.03 22,577,042.52 21,437,819. 51 May 43,258,966.31 20; 528; 114.62 22, 730,851. 69 June 53,800,987.22 28; 542, 738. 29 32,243,766.30 6,985,517.37 July 78,534,461. 04 30; 481,476.67 49, 786,826.98 1, 733; 842. 61 August 41,379,008.37 19,646,138.61 21,732,869.76 September 39,312,017.17 21,476,030.54 17,835,986. 63 October 45,698,698. 63 36; 782; 570. 69 19,122,772.64 10,206,644. 70 November.... 46,250,997. 01 43,162,656.22 14,842,924. 65 li; 754; 583.86 December.. 45; 976^ 208.40 67,693,126.29 12,626,824.05 34; 343; 741.94 1917—January 41,404,178. 83 67,854,492.20 7,869,348.67 34,319,662.04 February 45,115,056.14 41,080,871.45 15,433,179.79 11,398,995.10 March 46,930,754. 89 82,870,251.44 13,171,870. 20 49,111,366. 75 April 51,716,463.73 49,575, 842.44 22,702,757.79 20,562,136. 50 May 74,699,035.46 32,557,916.35 48,773,421.98 6,632,302.87 June 81,767,536. 86 35,088,996. 86 48,350,630. 79 1,672,090. 79 July 42, 869,723.37 47,472,495.69 7; 355; 988.10 lb 958; 760.42 August 40, 624,119.37 46,446,471.07 8,616,124. 83 14; 438; 476. 53 September 40,248,931.63 46,278,187.90 4,331,965.35 io; 36i;221.62 October 45,876,018.34 81, 033; 353.43 1,467,771.96 36; 625; 107.05 November 56,252,398.04 118,142,191.42 3,792,786.37 65,682; 579.75 December 54,841,815.16 132,809,084. 53 ' 433; 559.15 78; 400; 828. 52 1918—January. 52,077, 622. 40 162,134,405. 77 lio; 056,783.37 February 60, 830; 853. 78 117,458,032.98 887,794. 27 57; 51< 973. 47 March.." 113,036,239.02 159,536,955.41 12,326,380.07 58,827; 096.46 April.... . 98,202,775.07 179,999,269.32 8i; 796; 494.25 May 104; 687; 736.31 145,286, 846.03 16,977,465. 40 5i; 576; 575.12 June 120,743,699.95 127,314,690.63 20,090,191. 51 26,661', 182.19 July 132;i5i;455. 21 135,794,116.47 2i; 158; 337. 58 24, 800,998. 84 August 104; 412,228. 51 131,679,530.37 14; 648; 137.05 41,915,438.91 September 88,407,193. 56 111,415,234. 64 5,088,139.11 28; 096; 180.19 October 96,295,439.34 133,712,367.91 7,435,204.16 44,852,132. 73 November 89', 075', 225.21 141,274,136. 62 5, 515,715.06 57; 714; 626.47 December 116,291,632. 66 136; 563,397.16 21,746,812.91 42; 018; 577.41 1919—January 115,319, 773.41 19, 660,832. 55 29,023,809.38 February 93; 598; 819.39 86,201,052.38 26,505,196. 78 19; 107; 429. 77 March 96; 603', 248. 49 80,868,179.95 20,569,834.19 4', 83< 765. 65 April 63,792,311.85 66,464,165. 74 5; 636', 324. 54 8,308,178.43 May 72; 520; 317.90 69,138,892.94 13,684,911.56 io; 303; 486. 60 June 62; 576; 321. 75 60,540,642. 20 11,090,035.33 9,054', 355. 78 86 REPORT OF THE TREASURER OF THE UNITED STATES. No. 32.—Amount of each kind of money used in settlement of clearing-house balances against the subtreasury in New York during each month, from January, 1913. Months. Gold coin. United States notes. Treasury notes. Gold certificates. Silver certificates. Total. 1913—January $21,100 9,260 5,123 5,908 3,061 5,217 3,474 43,373 3,435 26,176 520 4,898 1,185 2,675 4,783 1,956 3,479 2,752 1,281 954 $30,000,000 3,570,000 3,770,000 4,500,000 5,050,000 5,320,000 990,000 1,900,000 1,450,000 1,800,000 3,450,000 3,236,000 14,700,000 6,110,000 2,580,000 6,050,000 8,600,000 2,890,000 2,788,000 312,000 $30,021,100 3,579,260 3,775,123 4,505,908 5,053,061 5,325,217 993,474 1,943,373 1,453,435 1,826,176 3,450,520 3,240,898 14,701,185 6,112,675 2,584,783 6,051,956 8,603,479 2,892,752 2,789,281 312,954 3,127,398 16,995,741 14,731,729 12,110,564 21,971,342 245,757 3,002,063 8,856,476 6,294,207 2,244,010 2,537,400 7,942,036 15,189,535 22,521,673 5,127,634 2,872,133 12,968,697 1,572,869 1,492,516 February March April May. June July August September October N ovember December 1914—January February March April May June July August September i $3,127,000 i 9,843,860 i 6,887,520 1 4,750,000 $398 703,881 2,055,209 1,400,564 4,956,542 5,757 2,063 400,476 4,207 4,010 400 2,036 9,535 October 1,440,000 2,865,000 800,000 2,355,000 5,008,000 2,924,000 5,160,000 14,659,800 240,000 3,000,000 8,456,000 6,290,000 2,240,000 2,537,000 7,940,000 15,180,000 22,520,000 5,120,000 2,870,000 12,967,000 1,570,000 1,492,000 November December 1915—January February March April May June July August September October 1,673 November 7,634 December 2,133 1916—January 1,697 February 2,869 516 March April May Juno 6,985,000 1,733,000 517 6,985,517 1,733,843 July 843 August September October 10,206,000 11,750,000 34,340,000 34,310,000 11,390,000 49,110,000 20,560,000 6,630,000 1,670,000 11,950,000 14,430,000 10,360,000 645 10,206,645 11,754,584 34,343,742 34,319,662 11,398,995 49,111,367 20,562,136 6,632,303 1,672,091 11,958,760 14,438,477 10,361,222 36,625,107 65,682,580 November 4,584 3,742 9,662 8,995 1,367 2,136 2,303 2,091 8,760 8,477 1,222 107 580 December 1917—J anuary February March April May June.. July ... August... I September.. -O et ober 36,625,000 November.... 65,682,000 December2 "Pobri mrv Inly i National-banknotes. . ' 2 From and after Dee. 1, 1917, settlement of balances due the clearing house were made by the Federal Reserve Bank of New York. REPORT OF THE TREASURER OF THE UNITED STATES. 87 No. 33.—Balance in the Treasury of the United States; amount in the Treasury offices, and amount in depositary banks, at the end of each calendar year from the adoption of the Constitution in 1789 to 184%, and at the end of each fiscal year thereafter to 1919. 1 2 Dates. 1 Balance in the Treasury.1 Number of depositary banks. In Treasury offices. In depositary banks. Total. 1789—Dec. 31 828,239.61 $28,239.61 3 .1790—Mar. 31 60,613.14 60,613.14 3 June 30 155,320.23 155; 320.23 3 Sept. 30 349,670.23 349,670.23 3 Dec. 31 570,023.80 570,023.80 3 1791—June........................... 810,490.54 571', 699.00 582', 189.54 3 Sept. 30 679,579.99 679; 579.99 4 Dec. 31 973', 905.75 973,905.75 6 1792—Mar. 31 751,377.34 75i; 377.34 6 June 30 623,133.61 623,133.61 9 Sept. 30 420;914.51 420,914.51 9 Dec. 31 232.14 783,212.37 783,444.51 8 1793—Mar. 31 1,035,973.09 1,035,973.09 June 30 561,435.33 '561', 435.33 Dec. 31 753,661.69 753,661.69 1794—Dec. 31 1,151,924.17 1,151,924.17 1795—Dec. 31 '516; 442.61 516,442.61 1796—Dec. 31 888,995.42 888; 995.42 1797—Dec. 31 1,021,899.04 1,021,899.04 1798—Dec 31 617,451.43 617; 451.43 1799—Dec. 31 2,161,867.77 2,161,867.77 1800—Dec. 31 2,623,311.99 2,623,311.99 1801—Dec. 31 3,295,391.00 3,295,391.00 1802—Dec. 31 5,020,697.64 5,020,697.64 1803—Dec. 31 4,825,811.60 4,825,811.60 14 1804—Dec. 31 4,037; 005.26 4,037,005.26 16 1805—Dec. 31 3,999,388.99 3,999,388.99 15 1806—Dec 31 4', 538; 123.80 4,538,'123.80 1807—Dec. 31 9,643,850.07 9,643,850.07 1808—Dec. 31 9,941,809.96 9,941,809.96 1809—Dec. 31 3,848,056.78 3,848,056.78 1810—Dec 31 2; 672', 276.57 2,672,276.57 1811—Dec 31 3,502,305.80 3,502,305.80 1812—Dec. 31 3,862,217.41 3; 862;217.41 1813—Dec 31 5,196,542.00 5,196,542.00 1814—Dec. 31 i; 727; 848.63 1,727,848.63 1815—Dec 31 13,106,592.88 13,106,592.88 1816—Dec. 31 22,033,519.19 22; 033', 519.19 94 1817—Dec. 31 14,989,465.48 14,989,465.48 1818—Dec. 31 1,478,526.74 i; 478,' 526.74 29 1819—Dec 31 2', 079; 992.38 2,079,992.38 1820—Dec 31 1,198,461.21 i; 198; 461.21 1821—Dec. 31 1,681,592.24 i;68i;592.24 1822—Dec 31 4; 193,690.68 4,193,690.68 58 1823—Dec 31 9,431,353.20 9,431,353.20 55 1824—Dec. 31 i; 887,' 799.80 1,887,799.80 58 1825—Dec. 31 5,296,306.74 5,296,306.74 60 1826—Dec. 31 6;342; 289.48 6,342,289.48 56 1827—Dec. 31 6; 649,604.31 6,649,604.31 56 1828—Dec 31 5,965,974.27 5,965,974.27 59 1829—bee. 31 4; 362; 770.76 2 4,362,770.76 40 1830—Dec. 31 4,761,409.34 4,761,409.34 40 1831—Dec. 31 3,053,513.24 3,053,513.24 50 1832—Dec 31 911,863.16 911,863.16 41 1833—Dec. 31 10,658,283.61 10,658,283.61 62 1834—Dec. 31 7,861,093.60 7,861,093.60 24 1835—Dec. 31 25,729,315.72 25,729,315.72 44 1836—Dec. 31 700,000.00 45,056,833.54 45,756,833.54 91 1837—Dec. 31 l,025i 610.63 5,779,343.01 3 6,804,953.64 54 1838—Dec. 31 1,268; 827.62 5,364,887.61 6,633,715.23 43 1839—Dec. 31 '691', 097.04 3,992,319.44 4;683;416.48 27 1840—Dec. 31 1,414,029.62 290,532.18 1,704,561.80 11 1841—Dec. 31 205,330.74 170;361.73 375,692.47 19 1842—Dec. 31 380; 199.04 1,699,709.09 2,079; 908.13 26 669', 889.11 10,525,267.10 11,195; 156.21 30 1844—June 30 390; 199.04 8,222,651.19 8,612,850.23 34 725,199.04 7,385,450.82 8; lio; 649.86 43 1846—June 30 768,000.00 8,915,869.83 9; 683', 869.83 49 5,446,382.16 5,446,382.16 1848—June 30 758,332.15 758,332.15 1 This statement is made from warrants paid by the Treasurer of the United States to Dec. 31,1821, and by warrants issued after that date. 2 The unavailable funds are not included from and after this date. = The amount deposited with the States under act of June 23,1836, having been taken out of the control ■of the Treasury Department by the act of Oct 2, 1837, is not included from and after this date 88 REPORT OF THE TREASURER OF THE UNITED STATES. No. 33.—Balance in the Treasury of the United States; amount in the Treasury offices, and amount in depositary banks, at the end of each calendar year from the adoption of the Constitution in 1789 to 1842, and at the end of each fiscal year thereafter to 1919—Contd. Dates. Balance in the Treasury. Number of depositary banks. * In Treasury offices. In depositary banks. Total. 1849—June 30 83,208,822.43 7,431,022.72 12,142,193.97 15,097,880.36 22,286,462.49 20,300,636.61 19,529,841.06 20,304,844.78 18,218,770. 40 6,698,157.91 4,685,625.04 3,931,287.72 2,005,285.24 18,265,984.84 8,395,443.73 72,022,019.71 2,374,744.10 78,352,599.12 135,270,243.53 92,353,732.20 117,944,915.43 105,279,800.67 84,819,993.41 61,935,763. 46 52,528,793,53 64,723,630.48 51,712,042.19 51,427,414.23 84,394,007.01 130,570,578.15 159,020,734.90 160,528,170.50 173,974,146.61 152,941,618. 24 151,579,255.91 154,557,552.96 171,851,780.21 218,277,107. 25 188,625,383.03 189,395,440.65 167,646,333.23 164,061,481.40 135,448,137.33 118,728,662.52 114,862,278.94 108,462,220.55 185,369,687.37 258,221,832.65 232,304,043.90 175,438,942.32 214,193,189.26 214,206,233.65 234,964,115.04 245,045,797.03 248,685,097.53 217,591,929.57 230,674,025.59 249,958,296.77 255,257,493.51 247,479,310.94 215,947,902.41 216,263,086.09 254,128,166.75 279,239,692.85 246,214,851.64 234,941,577.40 178,481,503.73 184,524,331.24 152,979,025.63 152,979,025.63 1294,011,592.20 $3,208,822.43 7,431,022.72 12,142,193.97 15,097,880.36 22,286,462.49 20,300,636.61 19,529,841.06 20,304,844.78 18,218,770.40 6,698,157.91 4,685,625.04 3,93'1,287.72 2,005,285.24 18,265,984.84 8,395,443.73 112,002,776.10 26,440,930.29 112,476,770.66 161,175,174.31 115,133,529.82 126,542,842.77 113,485,981.01 91,739,739.00 74,437,358.54 59,762,346.64 72,159,597.17 63,274,721.71 58,947,608.99 91,694,006.29 177,498,846.71 367,054,575.14 168,299,404.40 182,678,977.44 162,323,331.14 161,382,637.70 165,046,380.59 182,622,360.17 232,099,178.05 207,600,698.44 244,094,169.01 210,737,083.76 190,841,184.72 156,847,826.49 129,178,792.53 124,824,804.94 118,885,988.16 196,348,193.17 269,637,307.07 244,466,201.95 209,282,643.13 284,488,516.20 306,827,605.37 328,406,798.13 362,187,361.16 388,686,114.23 322,051,568.02 295,477,491.89 330,689,354.82 422,061,445.47 395,171,347.73 276,375,428.10 256,894,675.67 290,176,926.13 317,152,478.99 315,960,984.79 311,612,615.53 257,147,142.41 331,470,441.21 1,120,226,149.11 776,753,544.48 11,379,143,960.89 1850—June 30 1851—June 30 1852—June 30 1853—June 30 1854—June 30 1855—June 30 1856—June 30 1857—June 30 1858—June 30 1859—June 30 1860—June 30 1861—June 30 1862—June 30 1863—June 30 1864—June 30 1865—June 30 1866—June 30 1867—June 30 1868—June 30 1869—June 30 1870—June 30 1871—June 30 1872—June 30 1873—June 30 1874—June 30 1875—June 30 1876—June 30 1877—June 30 1878—June 30 1 1879—June 30 1880—June 30 1881—June 30 1882—June 30 1883—June 30 1884—June 30 1885—June 30 1886—June 30 1887—June 30 1888—June 30 1889—June 30 1890—June 30 1891—June 30 1892—June 30 1893—June 30 1894—June 30 1895—June 30 1896—June 30 1897—June 30 1898—June 30 1899—June 30 1900—June 30 1901—June 30 1902—June 30 1903—June 30 1904—June 30 1905—June 30 1906—June 30 1907—June 30 1908—June 30 1909—June 30 1910—June 30 1911—June 30 1912—June 30 1913—June 30 1914—June 30 1915—June 30 1916—June 30 1917—June 30 1918—June 30 1919—June 30 $39,980,756.39 24,066,186.19 34,124,171.54 25,904,930.78 22,779,797.62 8,597,927.34 8,206,180.34 6,919,745.59 12,501,595.08 7,233,551.11 7,435,966.69 11,562,679.52 7,520,194.76 7,299,999.28 46,928,268.56 208,033,840. 24 7,771,233.90 8,704,830.83 9,381,712.90 9,803,381.79 10,488,827.63 10,770,579.96 13,822,070.80 18,975,315.41 54,698,728.36 43,090,750.53 26,779,703.32 21,399,689.16 10,450,130.01 9,962,526.00 10,423,767.61 10,978,505.80 11,415,474.42 12,162,158.05 33,843,700. 81 70,295,326.94 92,621,371.72 93,442,683.09 117,141,564.13 140,001,016.70 104,459,638.45 64,803,466.30 80,731,058.05 166,803,951.96 147,692,036.79 60,427,525.69 40,631,589.58 36,048,759.38 37,912,786.14 69,746,133.15 76,671,038.13 78,665,638.68 146,946,109.97 967,247,123.48 623,774,518. 85 1,085,132,368.69 204 330 382 385 370 276 148 159 163 158 154 145 143 145 124 127 131 130 134 140 135 132: 160 200 290 270 205 185 159 160 155 160 160 168 172 357 442 448 577 713 842 837 928 1,255 1,436 1,414 1,380 1,362 1,353 1,535 1,584 1,491 1,381 3,402 7,962. 1,452 1 Including credits to disbursing officers, REPORT OF THE TREASURER OF THE UNITED STATES 89 No. 34.—Federal reserve and national banks designated as depositaries of public moneys, •with the balance held June 30, 1919. FEDERAL RESERVE BANKS. Title of banks. To the credit of the Treasurer of the United States. Title of banks. To the credit of the Treasurer of the United States. Federal Reserve Bank, Boston, Mass. Federal Reserve Bank, New York, N. Y............................ Branch Federal Reserve Bank of New York, Buffalo, N. Y......... Federal Reserve Bank, Philadelphia, Pa.......................... Federal Reserve Bank, Cleveland, Ohio............................ Branch Federal Reserve Bank of Cleveland, Pittsburgh, Pa........ Branch Federal Reserve Bank of Cleveland, Cincinnati, Ohio...... Federal Reserve Bank, Richmond, Va.............................. Branch Federal Reserve Bank of Richmond, Baltimore, Md......... Federal Reserve Bank, Atlanta, Ga. Branch Federal Reserve Bank of Atlanta, New Orleans, La........ Branch Federal Reserve Bank of Atlanta, Jacksonville, Fla....... Branch Federal Reserve Bank of Atlanta, Birmingham, Ala........ Federal Reserve Bank, Chicago, Ill.. Branch Federal Reserve Bank of Chicago, Detroit, Mich.......... Federal Reserve Bank, St. Louis, Mo................................ $17,406,430.13 1 5,308,646.79 2.00 12,583,281.07 175,283. 54 16.00 1,020.00 454,190.25 2,548,046.18 2,027,294.78 144,572.02 124,411.53 .01 5,439,310. 06 26.88 4,982,080.93 Branch Federal Reserve Bank of St. Louis, Louisville, Ky. A....... Branch Federal Reserve Bank of St. Louis, Little Rock, Ark...... Branch Federal Reserve Bank of St. Louis, Memphis, Tenn......... Federal Reserve Bank, Minneapolis, Minn...........................: Federal Reserve Bank Kansas City, I Mo............................... Branch Federal Reserve Bank of Kansas City, Denver, Colo........' Branch Federal Reserve Bank of Kansas City, Omaha, Nebr......... Federal Reserve Bank, Dallas, Tex.. Branch Federal Reserve Bank of Dallas, El Paso, Tex............. Federal Reserve Bank, San Francisco, Calif...................... Branch Federal Reserve Bank of San Francisco, Seattle, Wash..... Branch Federal Reserve Bank of San Francisco, Portland, Oreg.... Branch Federal Reserve Bank of San Francisco, Spokane, Wash.... Branch Federal Reserve Bank of San Francisco, Salt Lake City, Utah............................. 8 |S $302,181.23 199,970. 100,002. 3,036,405.78 4,713,833.56 123,939.78 200,930.29 340,913.98 395,217.81 3,815,802.87 882,195.11 288,155.20 147,206.68 176,412.28 Total. 55,300,485.16 1 Credit balance. SPECIAL DEPOSITARIES. LOAN ACCOUNTS. Total balances in special depositaries in each Federal reserve district arising from sales of Liberty bonds and certificates of indebtedness reported to fiscal agents of the United States. To the credit of the Treasurer of the United States. Total balances in special depositaries in each Federal reserve district arising from sales of Liberty bonds and certificates of indebtedness reported to fiscal agents of the United States. To the credit of the Treasurer of the United States. FISCAL AGENTS. Federal reserve bank, Boston, Mass. Federal reserve bank, New York, N. Y Federal reserve bank, Philadelphia, Pa Federal reserve bank, Cleveland, Ohio Federal reserve bank, Richmond,Va. Federal reserve bank, Atlanta, Ga.. Branch Federal reserve bank of Atlanta, New Orleans, La $78,902,450.00 447,714,788.52 60,424,685.00 84,683,000. 00 25,353,739.72 14,549,265.49 8,662,455.60 fiscal agents—continued. Federal reserve bank, Chicago, Ill... Federal reserve bank, St. Louis, Mo. Federal reserve bank, Minneapolis, Minn Federal reserve bank, Kansas City, Mo Federal reserve bank, Dallas, Tex... Federal reserve bank, SanFrancisco, Calif Total. $103,675,298.48 27,663,301.25 7,289,365.25 16,257,616.94 8,771,204.56 21,464,343.95 905,411,514.76 FEDERAL LAND BANK. Title of bank. To the credit of the Treasurer of the United States. Federal Land Bank, Springfield, Mass............... ....................................... $500,000.00 90 REPORT OF THE TREASURER OF THE UNITED STATES. £ No. 34.—Federal reserve and national banks designated as depositaries of public moneys, with the balance held June SO, 1919—Continued. NATIONAL BANKS. REGULAR DEPOSITARIES. Title of banks. To the credit of the Treasurer of the United States and United States disbursing officers. Title of banks. To the credit of the Treasurer of the United States and United States disbursing officers. ALABAMA. COLORADO. First National Bank, Alexander City. S5,000.00 First National Bank, Denver $235,458.52 First National Bank, Anniston 97,999.34 Colorado National Bank, Denver.... 275,468.72 Anniston National Bank, Anniston.. First National Bank, Birmingham.. Traders' National Bank, Birmingham First National Bank, Mobile First National Bank, Montgomery.. Selma National Bank, Selma 142,057.43 24,401.16 34,728.14 100,000.00 50,792.56 5,000.00 Denver National Bank, Denver Hamilton National Bank, Denver... First National Bank, Durango Morgan County National Bank, Fort Morgan First National Bank, Greeley First National Bank, La Junta 292,658.76 24,996.88 25,112.09 4,905.01 4,968.11 4,043 . 80 Talladega National Bank, Talladega. First National Bank, Tuscaloosa.... 3,840.62 27,430.04 First National Bank, Montrose First National Bank, Pueblo 50,000.00 78,864.27 City National Bank, Tuscaloosa 11,500.93 Logan County National Bank, Ster- 14,553.85 494,205.20 152.78 ALASKA. First National Bank, Fairbanks.... First National Bank. Juneau Harriman National Bank of Alaska, Seward 210,772.82 75,031.07 9,891.80 ling CONNECTICUT. First-Bridgeport National Bank, Bridgeport City National Bank, Bridgeport ARIZONA. First National Bank, Douglas 24,982.56 Windham County National Bank, Danielson Colonial National Bank, Hartford.. 15,000.00 25,000.00 First National Bank, Nogales 20,000.00 Hartford-Aetna National Bank, National Bank of Arizona, Phoenix. Phoenix National Bank, Phoenix... Arizona National Bank, Tucson 19,999.90 50,000.00 25,000.00 Hartford Phoenix National Bank, Hartford... First National Bank, Meriden 16,876.15 74,911.89 10,000.00 Consolidated National Bank, Tucson ,... Yuma National Bank, Yuma ARKANSAS. First National Bank, Fort Smith.... Merchants National Bank, Fort Smith England National Bank, Little Rock. Exchange National Bank, Little Rock First National Bank, Paragould CALIFORNIA. Calexico National Bank, Calexico... First National Bank, El Centro 40,000.00 39,415. 77 8,620.95 24,793.11 26,172.28 189,162.23 5,000.00 10,000.00 3,000.00 Second National Bank, New Haven. Thames National Bank, Norwich... DELAWARE. Union National Bank, Wilmington. DISTRICT OF COLUMBIA. American National Bank, Washington Commercial National Bank, Washington District National Bank, Washington. Dupont National Bank, Washington. Federal National Bank, Washington. Franklin National Bank, Wash- 87,338.06 10,000. OC 75,286.07 261,673.93 716,522.81 533,332.24 121,229.11 413,130.89 * First National Bank, Eureka First National Bank, Fresno 34,998.89 40,030.00 ington Lincoln National Bank, Washington. 205,791.40 59,257.78 * Farmers’ National Bank, Fresno.... First National Bank, Los Angeles... Merchants National Bank, Los Angeles First National Bank, Napa First National Bank, Oakland 20,000.00 200,218.48 120,000.00 4,228.92 National Metropolitan Bank, Washington FLORIDA. • 605,414.21 32,311.18 First National Bank, Arcadia 20,000.00 9 Central National Bank, Oakland.... Citizens National Bank, Riverside.. California National Bank, Sacramento Capital National Bank, Sacramento. National Bank of D. 0. Mills & Co., Sacramento First National Bank, San Diego.... Merchants National Bank, San Diego United States National Bank, San Diego Crocker National Bank, San Francisco Union National Bank, San Luis Obispo First National Bank, San Pedro.... 15,000.00 24,604.77 49,471.33 22,619.45 40,225.65 220,213.28 15,188.18 10,645.91 10,189.71 4,119.52 4,7S9.06 De Soto National Bank, Arcadia.... First National Bank, Bradentown.. First National Bank, Fernandina... First National Bank, Gainesville.... Florida National Bank, Gainesville. Atlantic National Bank, Jacksonville Barnett National Bank, Jacksonville. Florida National Bank, Jacksonville. First National Bank, Key West First National Bank, Madison Ocala National Bank, Ocala Peoples National Bank, Orlando.... American National Bank, Pensacola. Citizens & Peoples National Bank, Pensacola First National Bank, Tampa Exchange National Bank, Tampa... 27,809.30 4,531.73 4,386.62 15,000.00 8,958.05 102,331.81 125,520.23 50,000.00 2,506.79 5,000.00 10,000.00 11,561.84 75,000.00 95,613.58 99,916.47 Whittier National Bank, Whittier.. 4,982.59 64,914.97 REPORT OF THE TREASURER OF THE UNITED STATES. 91 No. 34.—Federal reserve and national banks designated as depositaries of public moneys, with the balance held June 30, 1919—Continued. REGULAR DEPOSITARIES—Continued. Title of banks. To the credit of the Treasurer of the United States and United States disbursing officers. Title of banks. To the credit of the Treasurer of the United States and United States disbursing officers. GEORGIA. Albany National Bank, Albany...... Citizens First National Bank, Albany.......................... Georgia National Bank, Athens.... Fourth National Bank, Atlanta..... Atlanta National Bank, Atlanta.... Fulton National Bank, Atlanta..... Lowry National Bank, Atlanta..... National Bank of Brunswick, Brunswick....................... Fourth National Bank, Macon......... Macon National Bank, Macon........ First National Bank, Milledgeville.. Exchange National Bank, Rome.... National Bank of Savannah, Savannah............................. First National Bank, Valdosta..... IDAHO. First National Bank, Blackfoot.... Boise City National Bank, Boise.... Overland National Bank, Boise..... First National Bank, Burley....... First-Exchange National Bank, Coeur d’Alene................... Hailey National Bank, Hailey...... First National Bank, Lewiston..... First National Bank, Rupert....... ILLINOIS. First National Bank, Barry........ First National Bank, Belleville..... Continental and Commercial National Bank, Chicago.............. Corn Exchange National Bank, Chicago........................... Danville National Bank, Danville.. Palmer National Bank, Danville.... Milliken National Bank, Decatur... Dixon National Bank, Dixon........ First National Bank, Du Quoin..... Drovers National Bank, East St. Louis........................... Southern Illinois National Bank, East St. Louis.................... City National Bank, Evanston...... Ayers National Bank, Jacksonville.. First National Bank, Joliet....... Will County National Bank, Joliet.. First National Bank, Litchfield... First National Bank, Nashville.... American National Bank, Pekin.... Farmers’ National Bank, Pekin..... Herget National Bank, Pekin....... First National Bank, Peoria....... Central National Bank, Peoria..... Commercial National Bank, Peoria.. Merchants’ and Illinois National Bank, Peoria..................... Quincy National Bank, Quincy...... Ricker National Bank, Quincy...... Manufacturers National Bank, Rockford........................ Rockford National Bank. Rockford. Peoples National Bank, Rock Island. First National Bank, Springfield.... Illinois National Bank, Springfield.. -First National Bank, Sullivan.... 815,000.00 13,971.39 22,091.21 320,000.00 14, 731.14 100,000.00 11,063.84 15,959.45 76,932.97 46,414.80 4,465.18 10,000.00 145,824.43 19,854.63 22,276.57 35,302.48 27,565.34 25,036.20 18,445.56 15,000.00 15,068.20 5,058.54 5,000.00 13,378.01 107,155.22 446,825.78 48,838.97 23,379.02 9,740.95 5,000.00 5,000.00 1,771.25 25,000.00 6,625.84 18,045.97 307.87 10,000.00 5,000.00 8,404.18 99,920.24 100,000.00 100,000.00 200,707.95 202,105.55 200,000.00 200,000.00 20,055.51 35,000.00 13,541.48 14,999.41 25,000.00 50,000.00 50,050.52 10,000.00 INDIANA. Bloomington National Bank, Bloomington....................... City National Bank, B onville..... First National Bank, Corydon...... Corydon National Bank, Corydon... Citizens National Bank, Evansville. City National Bank, Evansville.... Old State National Bank, Evansville. First and Hamilton National Bank, Fort Wayne........................ Old National Bank, Fort Wayne.... Citizens National Bank, Franklin... Central National Bank, Greencastle. First National Bank, Hammond.... Citizens’ National Bank, Hammond. Fletcher American National Bank, Indianapolis...................... Indiana National Bank, Indianapolis. Merchants’ National Bank, Indianapolis ........................... National City Bank, Indianapolis... Howard National Bank, Kokomo... Dearborn National Bank, Lawrenceburg......................... Peoples’ National Bank, Lawrenceburg ............................. First National Bank, Marion....... Marion National Bank, Marion...... Citizens National Bank, Martinsville. Second National Bank, New Albany. Farmers National Bank, Princetori.. Peoples’ American National Bank, Princeton......................... Second National Bank, Richmond.. Citizens’ National Bank, South Bend. First National Bank, Terre Haute... McKeen National Bank, Terre Haute. Terre Haute National Bank, Terre Haute............................. First National Bank, Vevay........ First National Bank, Vincennes.... Second National Bank, Vincennes... American National Bank, Vincennes. Washington National Bank, Washington............................ iowa; $10,000.00 4,742.17 19,988.21 9,998.30 26,104. 61 27,486.50 46,073. 72 59,110. 09 10,000. 00 8,851.25 4,967.19 50,000.00 50,000. 00 317,424. 06 329,025. 47 100,000.00 20,000.00 6,112.00 75,000. 00 100,238. 67 8,867.30 129,122.05 14,734.94 10,598.00 20,000.00 23,637.57 8,340.74 17,193.49 100,017.18 100,000.00 99,122.12 5,746.12 32,724.19 48,674.16 50,000.00 9,881.62 Citizens National Bank, Belle Plaine. First National Bank, Boone....... First National Bank, Burlington.... Merchants National Bank, Burlington.............................. Cedar Rapids National Bank, Cedar Rapids........................... Merchants National Bank, Cedar Rapids........................... Commercial National Bank, Charles City............................. City National Bank, Clinton...... First National Bank, Council Bluffs. First National Bank, Davenport.... Des Moines National Bank, Des Moines........................... Iowa National Bank, Des Moines.... Valley National Bank, Des Moines.. Second National Bank, Dubuque... First National Bank, Forest City.... First National Bank, Mason City.... First National Bank, Ottumwa..... 5,000.00 4,665.46 25,000.00 24,090.00 1 17,739.08 29,201.49 4,825.64 47,323.80 39,066.02 249,510.54 19,700. 86 70,000.00 358,058.80 60,000.00 5,000.00 10,229.35 25,000.00 i Credit balance. 92 REPORT OF THE TREASURER OF THE UNITED STATES. No. 34.—Federal reserve and national banks designated as depositaries of pnblic moneys, with the balance held June 30, 1919—Continued. REGULAR DEPOSITARIES—Continued. To the credit of the Treas- urer of the Title of banks. United States and United Title of banks. States disbursing offi- j cers. iowa—continued. Ottumwa National Bank, Ottumwa. Red Oak National Bank, Red Oak.. Shenandoah National Bank, Shenandoah.......................... Security National Bank, Sioux City. Washington National Bank, Washington.......................... KANSAS. National Bank of Commerce, Dodge City........................... First National Bank, Junction City.. Lawrence National Bank, Lawrence. First National Bank, Leavenworth.. Leavenworth National Bank, Leavenworth......................... Union National Bank, Manhattan... First National Bank, Marysville.... First National Bank, Pittsburg.. National Bank of Sabetha, Sabetha. Central National Bank, Topeka... Merchants’NationalBank Topeka.. Fourth National Bank, Wichita... Kansas National Bank, Wichita... National Bank of Commerce, Wichita. KENTUCKY. American National Bank, Bowling Green........................... Citizens National Bank, Bowling Gkecn.......................... Carrollton National Bank, Carrollton First National Bank, Covington.. Citizens’ National Bank, Covington. Liberty National Bank, Covington.. Citizens’ National Bank, Danville... Farmers’National Bank, Danville.. State National Bank, Frankfort.. Henderson National Bank, Henderson............................. First National Bank, Jackson.... Anderson National Bank, Lawrenceburg....................... Lawrenceburg National Bank, Lawrenceburg....................... First and City National Bank, Lexington.......................... Fayette National Bank, Lexington.. Phoenix & Third National Bank, Lexington..................... Citizens’ Union National Bank, Louisville...................... National Bank of Kentuck, Louisville........................... State National Bank, Maysville..... Morganfield National Bank, Morganfield ....................... First National Bank, Owensboro.... National Deposit Bank, Owensboro. City National Bank, Paducah...... First National Bank, Paris....... First National Bank, Somerset... LOUISIANA. First National Bank, Lake Charles.. First National Bank, Morgan City... Whitnev-Central National Bank, New Orleans...-................ Commerce National Bank, Shreveport............................ $10,000.00 6,127.56 6,905.34 100,000.00 4,095.23 15,156.03 ! 20,000.00 19,410.59 1 193,196.64 197,045.98 5,000.05 4,977.10 20,000.00 3,992.35 49,766.83 320,050.98 25,000.00 25,457.96 25,617.84 9,563.15 15,181.59 25,000.00 71,829.57 75,025.00 74,267.54 9,186.72 49,982.55 149,999.96 20,000.00 19,996.67 25,000.00 25,000.00 43,139.82 40,000.00 29,963.01 350,000.00 150,075.36 15,000.00 2,784. 22 59,757.82 61,022.41 14,977.57 929.90 8.822.68 14,540.04 1,698.36 73,829.20 50,000.00 | MAINE. First National Granite Bank, Augusta........................... First National Bank, Bangor..... Bucksport National Bank, Bucksport ............................ Norway National Bank, Norway.... Chapman National Bank, Portland.. Portland National Bank, Portland.. MARYLAND. First National Bank, Aberdeen..... Citizens’ National Bank, Baltimore.. Farmers and Merchants National Bank, Baltimore................. Merchants-Mechanics First National Bank, Baltimore................. National Bank of Baltimore, Baltimore................-............. National Bank of Commerce, Baltimore ............................. National Exchange Bank, Baltimore National Marine Bank, Baltimore... Western National Bank, Baltimore.. National Bank of Cockeysville, Cockeysville.................... First National Bank, Cumberland... Second National Bank, Cumberland. Second National Bank, Hagerstown. Towson National Bank, Towson.... MASSACHUSETTS. Andover National Bank, Andover... First National Bank, Attleboro... First National Bank, Boston...... Merchants’ National Bank Boston.. National Shawmut Bank, Boston... Safety Fund National Bank, Fitch- burg .......................... First National Bank, Gardner..... Gloucester National Bank, Gloucester........................... Holyoke National Bank, Holyoke... Central National Bank, Lynn...... National City Bank, Lynn......... First National Bank, Marlboro.... Peoples National Bank, Marlboro... Merchants National Bank, New Bedford........................ Merchants National Bank, Newburyport......................... First National Bank of West Newton, Newton................. Northampton National Bank, Northampton...................... Merchants National Bank, Salem... Third National Bank, Springfield... Springfield National Bank, Springfield ........................... Union Market National Bank, Watertown........................ First National Bank, Webster..... Mechanics’ National Bank Worcester .......................... Merchants’ National Bank, Worcester .............:............ MICHIGAN. Central National Bank, Battle Creek. Old National Bank, Battle Creek... First National Bank, Bay City.... To the credit of the Treasurer of the United States and United States disbursing officers. $96,756.39 50,000.00 4,941.30 3,367.60 9,460.64 99,900.55 156,629.07 147,315.10 25,363.93 111,427.31 230,000.00 6,309.60 95,090. 21 25,000.00 22,056.08 4,140.45 40,000.00 30,000.00 14,269.15 4,784.32 5,720.85 10,219.47 30,161.66 90,242.97 75,259.14 24,025.22 9,984.84 14,999.55 10,000.00 11,387.48 20,000.00 8,534.82 8,879.21 16,144.47 10,000.00 34,905.92 12,252.12 5,240.30 250,000.00 4,403.85 145,780.06 10,000.00 30,000.00 18,501.28 19,370.00 13,902.44 50,034.00 REPORT OF THE TREASURER OF THE UNITED STATES. 93 No. 34.—-Federal reserse and national banks designated as depositaries of public moneys, with the balance held June 30, 1919—Continued. RE GUL AR D E P O SIT ARIE S—Cont iiiued. Title of banks. To the credit of the Treasurer of the United States and United States disbursing officers. Title of banks. To the credit of the Treasurer of the United States and United States disbursing officers. Michigan—continued. First National Bank, Charlotte... First and Old Detroit National Bank, Detroit.................. National Bank of Commerce, Detroit. Fourth National Bank, Grand Rapids......................... Grand Rapids National City Bank, Grand Rapids................... Houghton National Bank, Houghton Miners’ National Bank, Ishpeming.. Peoples National Bank, Jackson... First National Bank, Kalamazoo.... Capital National Bank, Lansing... City National Bank, Lansing...... First National Bank, Manistique.... First National Bank, Marquette... First National Bank, Marshall.... First National Bank, Menominee... Negaunee National Bank, Negaunee. First National Exchange Bank, Port Huron.......................... Second National Bank, Saginaw.... First National Bank, Sault Ste. Marie.......................... First National Bank, Traverse City.. MINNESOTA. Merchants’ National Bank:, Crookston.............................. First National Bank, Duluth...... American Exchange National Bank, Duluth......................... Citizens National Bank, Faribault.. First and Security National Bank, Minneapolis.................... Union National Bank, Rochester.... First National Bank, St. Cloud... First National Bank, St. Paul.... American National Bank, St. Paul.. National Exchange Bank, St. Paul.. 1 irst National Bank, Sleepy Eye.... First National Bank, Wabasha..... First National Bank, Waseca...... First National Bank, Winona...... $5,000.00 756,416.79 50,000.00 50,000.00 50,000.00 14,928.46 40,000.00 13,168.57 20,000.00 10,000.00 6,611.53 10,000.00 25,000.00 3,712.94 15,000.00 5,000.00 32,401.49 75,000.00 19,591.50 12,053.27 20,200.00 150,000.00 27,545.12 5,973.32 96,023.28 4,034.70 922.38 226,608.13 98,159.33 10,000.00 5,000.00 4,800.00 4,587.81 8,107.94 MISSISSIPPI. mont an a—continued. Commercial National Bank, Bozeman................................ First National Bank, Butte......... First National Bank, Glendive...... First National Bank, Great Falls.... I Havre National Bank, Havre....... I American National Bank, Helena... | National Bank of Montana, Helena.. ' Conrad National Bank, Kalispell.... | First National Bank, Lewistown.... First National Bank, Miles City.... Miles City National Bank, Miles City. : State National Bank, Miles City.. First National Bank, Missoula...... i Western Montana National Bank, Missoula........................... I United States National Bank, Red Lodge.............................. $5,490.43 50,000.00 9,491.00 34,951.47 25,000.00 49,558.69 49,437.94 25,000.00 25,099.95 29,944.78 40,265.19 30,000.00 34,979.03 23,692.46 10,000.00 NEBRASKA. Alliance National Bank, Alliance.... Commercial National Bank, Fremont............................. First National Bank, Lincoln..... . Central National Bank, Lincoln. City National Bank. Lincoln...... National Bank of Commerce, Lincoln First National Bank, Mitchell.... Citizens National Bank, Norfolk.... Norfolk National Bank, Norfolk... First National Bank, Omaha....... Corn Exchange National Bank, Omaha......................... Merchants’ National Bank, Omaha. Nebraska National Bank. Omaha... Omaha National Bank, Omaha....... United States National Bank. Omaha Scottsbluff National Bank, Scottsbluff............................ । Live Stock National Bank, South | Omaha.......................... Packers National Bank, South Omaha............................ I First National Bank, Wisner.... NEVADA. 11,258.21 5,000.00 35,921.75 40,019.40 24,489.40 33,842.25 9,643.55 2,245.26 1,739.45 70,608.97 24,843.09 77,440.38 80,772.07 230,565.50 220,000.00 5,000.00 14,909.88 5,595.43 5,011.21 First National Bank, Greenville... First National Bank, Gulfport..... First National Bank, Hattiesburg... First National Bank, Meridian..... First National Bank, Vicksburg.... First National Bank, West Point... 15,474.77 18,307.48 25,025.00 25,000.00 190,247.24 20,383.21 MISSOURI. National Bank of Commerce, Kansas City........................ First National Bank, St. Joseph. American National Bank, St. Joseph ........................... Bumes National Bank, St. Joseph.. Nationa Bank of Commerce, St. Louis....................... Third National Bank, Sedalia.... Citizens National Bank, Sedalia.. 100,000.00 49,791.75 29,095.68 19,151.83 108,324.49 4,912.76 5,918.18 MONTANA. Merchants National Bank, Billings.. Yellowstone, National Bank, Billings .......................... 20,000.00 25,000.00 Farmers and Merchants’ National Bank. Reno....................... NEW HAMPSHIRE. First National Bank, Concord..... First National Bank. Portsmouth... New Hampshire National Bank, Portsmouth..................... NEW JERSEY. Bridgeton National Bank, Bridgeton First National Bank, Camden...... Camden National Bank, Camden.... Merchants National Bank, Cape Majr First National Bank, Guttenberg... Hudson County National Bank, Jersey City.................... National Newark and Essex Banking Company. Newark.............. Union National Bank, Newark...... National Bank of New Jersey, New Brunswick...................... 50,000.00 100,996.10 252,658.79 20,000.00 4,948.94 39,532.78 24,482.99 i 29,935.69 4,954.98 100,000.00 47,760.76 373,547.27 21,954.68 94 REPORT OF THE TREASURER OF THE UNITED STATES. No. 34.—Federal reserve and. national banks designated as depositories of public moneys ’ with the balance held June 30, 1919—Continued. REGULAR DEPOSITARIES—Continued. Title of banks. new jersey—continued. First National Bank, Paterson Paterson National Bank, Paterson.. First National Bank, Perth Amboy. To the credit of the Treasurer of the United States and United States disbursing officers. $27,923.42 30,000.00 200,000.00 76,199.92 4,789.37 39,412.21 134,644.65 125,014.22 50,000.00 13,619.67 9,942.46 6.657.24 10’284.10 6,840.67 i 5,337.45 150,000.00 100,000.00 300,629.78 83,218.20 20,999.97 22,853.71 5,000.00 3,571.47 684,339.99 146,599.89 3,871.34 14,849.18 40,275.15 10,000.00 6,104.03 50,170.49 74,740.02 18,006.53 243,683.36 91,402.24 70,000.00 8,500.25 27,743.19 24,954.83 30,000.00 5,000.00 17,262.45 55,000.00 59,700.00 60,000.00 48,960.72 4,488.05 i 169,076.81 87,680.24 Title of banks. north Carolina—continued. Merchants National Bank, Raleigh.. First National Bank, Statesville..... Murchison National Bank, Wil- To the credit of the Treasurer of the United States and United States disbursing officers. $46,341.72 100,000.00 94,896.78 325,015.14 20,110.98 11,042.44 9,661.67 4,273.71 100,062.18 1,466.68 25,000.00 7,618.62 15,000.00 20,423.75 3,405.64 5,000.00 7,972.85 20,000.00’ 201,000.00 49,602.84 150,000.00 192,234.90 9,472.20 200,000.00 74,936.87 34,095.83 49,637.23 108,922.74 19,761.65 31,281.52 70,189.57 13,816.09 138,589.50 12,969.64 15,000.00 18,258.06 75,000.00 10,000.00 4,997.00 125.89 10,000.00 25,000.00 5,083.19 49,747.11 69,361.22 13,327.04 2,570.09 5,000.00 3,472.77 5,000.00' 5,068.84 Rutherford National Bank, Ruther- Peoples’ National Bank, Winston-Salem NORTH DAKOTA. First National Bank, Bismarck City National Bank, Bismarck Dakota National Bank, Dickinson.. Merchants National Bank, Dickinson First National Bank, Fargo NEW MEXICO.' First National Bank, Albuquerque.. State National Bank, Albuquerque.. Fargo National Bank, Fargo Citizens National Bank, Roswell... - Union National Bank, Minot First National Bank, Tucumcari.... NEW YORK. First National Bank, Williston OHIO. First-Second National Bank, Akron. National Commercial Bank. Albany. Greenpoint National Bank,Brooklyn Nassau National Bank, Brooklyn.. Manufacturers and Traders National B ink Buffalo First National Bank, Barnesville.... First National Bank, Chillicothe.... First National Bank, Cincinnati.... Second National Bank, Cincinnati.. Fourth National Bank, Cincinnati.. Fifth-Third National Bank, Cincin- nati Second National Bank, Elmira First National Bank. Highland Falls. Niagara County National Bank, Chase National Bank. New York.. Chatham and Phenix National Bank of the City of New York, New Atlas National Bank, Cincinnati.... Citizens’ National Bank. Cincinnati. Lincoln National Bank, Cincinnati.. First National Bank, Cleveland Harriman National Bank, New York. Union Commerce National Bank, State National Bank, North Tona- Central National Bank, Columbus... City National Bank, Columbus National Bank of Ogdensburg, Commercial National Bank, Colum-bus Wilber National Bank, Oneonta Havden-Clinton National Bank, Columbus Peekskill National Bank, Peekskill.. Westchester County National Bank, New First National Bank, Columbus Third National Bank, Dayton First National Bank, Hamilton Plattsburg National Bank, Platts- Second National Bank, Hamilton... First National Bank. Ironton Lincoln National Bank, Rochester.. Traders’ National Bank. Rochester.. Merchants’ National Bank, Middle-town . Citizen’s National Bank, New Phila-delphia Utica City National Bank, Utica.... First National Bank, Waterloo Watertown National Bank, Water-town FirstNational Bank, Norwood First National Bank, Portsmouth... Central National Bank, Portsmouth Commercial National Bank, San-dusky NORTH CAROLINA. American National Bank, Asheville. First National Bank. Burlington.... Charlotte National Bank. Charlotte. Commercial National Bank, Char-lotto Citizens National Bank, Tippecanoe City First National Bank, Toledo Second National Bank, Toledo Champaign National Bank, Urbana. First National Bank, Wilmington... OKLAHOMA. First National Bank, Altus. First National Bank, Durham Citizens’ National Bank, Durham... Greensboro National Bank, Greens- First National Bank, Lumberton... Citizens’ National Bank, Raleigh.... Commercial National Bank, Raleigh. First National Bank, Ardmore First National Bank, Chickasha First National Bank, Clinton i Credit balance. REPORT OF THE TREASURER OF THE UNITED STATES. 95 No. 34.—Federal reserve and national banks designated as depositories of public moneys, with the balance held June 30, 1919—Continued. REGULAR DEPOSITARIES—Continued. Title of banks. To the credit of the Treas- urer of the United States and United Title of banks. States disbursing officers. To the credit of the Treasurer of the United States and United States disbursing officers. Oklahoma—continued. Duncan National Bank, Duncan.... National Bank of Commerce, Frederick........................... First National Bank, Gutherie... First National Bank, Lawton..... City National Bank, Lawton....... First National Bank, McAlester.. American National Bank, McAlester. First National Bank, Muskogee... Commercial National Bank, Muskogee.............................. American National Bank, Oklahoma City............................ State National Bank, Oklahoma City First National Bank, Pauls Valley.. Shawnee National Bank, Shawnee.. Central National Bank, Tulsa..... First National Bank, Woodward.... OREGON. Astoria National Bank, Astoria... First National Bank, Baker...... First National Bank, Burns...... Harney County National Bank, Burns.......................... First National Bank, Klamath Falls. La Grande National Bank, La Grande......................... First National Bank, Lakeview... First National Bank, Portland... Northwestern National Bank, Portland............................ United States National Bank, Portland............................ Douglas National Bank, Roseburg.. PENNSYLVANIA. Merchants National Bank, Allentown............................ First National Bank, Altoona.... First National Bank, Canton..... National Bank of Catasauqua, Catasauqua........................... National Bank of Chambersburg, Chambersburg.................... Valley National Bank, Chambersburg............................. Pennsylvania National Bank, Chester ............................ County National Bank, Clearfield... First National Bank, Danville.... First National Bank, Easton..... Monroe County National Bank, East Stroudsburg.................... First National Bank, Erie....... First National Bank, Fleetwood.... First National Bank, Greencastle... Westmoreland National Bank, Greensburg...................... First National Bank, Harrisburg.... Harrisburg National Bank, Harrisburg............................. Honesdale National Bank, Honesdale............................. First National Bank, Houtzdale.. Conestoga National Bank, Lancaster Peoples National Bank, Lancaster.. Maytown National Bank, Maytown. $8,178.61 5,900.00 75,008.00 21,440.44 3,399.10 10,000.90 10,000.00 75,000.00 75,000.00 99,999.99 110,835.28 8,301.72 4,680.49 21,540.59 16,945.40 25,000.00 25,000.00 1,642.41 3,805.92 8,963.27 10,000.00 9,228.31 274,217.88 42,492.20 228,211.82 15,000.00 25,000.00 50,000.00 4,173.43 10,000.00 10,436.75 4,294.56 15,000.00 10,500.00 5,822.10 25,000.00 10,635.49 49,912.28 4,542.40 9,804.24 25,000.00 37,855.12 17,104.58 5,401.48 10,000.00 60,600.80 15,069.82 4; 792.68 PENNSYLVANIA—continued. First National Bank, McKeesport... New First National Bank, Meadville Second National Bank, Meyersdale.. Citizens National Bank, Meyersdale. Union National Bank, Minersville... First National Bank,. Montrose... First National Bank, Nanticoke... First National Bank, Oil City.... Farmers National Bank, Oxford.... First National Bank, Philadelphia.. Quaker City National Bank, Phila- delphia........................ First National Bank, Pittsburgh.... Second National Bank of Allegheny, Pittsburgh..................... Bank of Pittsburgh, N. A., Pittsburgh ........................... Columbia National Bank, Pittsburgh Exchange National Bank, Pittsburgh............................ Farmers Deposit National Bank, Pittsburgh....................... Mellon National Bank, Pittsburgh... Merchants National Bank, Pottsville Miners National Bank, Pottsville... First National Bank, Reading..... Reading National Bank, Reading... First National Bank, Scranton.... Third National Bank, Scranton.... Traders National Bank, Scranton... Union National Bank, Scranton.... Market Street National Bank, Sha- mokin.......................... Stroudsburg National Bank, Stroudsburg...................... Tamaqua National Bank, Tamaqua. First National Bank, Tyrone...... Blair County National Bank, Tyrone Farmers & Merchants National Bank, Tyrone................... National Bank of Fayette County, Uniontown........................ Warren National Bank, Warren..... People’s National Bank, Waynesboro Citizens National Bank, Waynesburg First National Bank, Wilkes-Barre.. Second National Bank, Wilkes-Barre Luzerne County National Bank, Wilkes-Barre................. West Branch National Bank, Williamsport........................ First National Bank, York........ RHODE ISLAND. Aquidneck National Bank, Newport National Exchange Bank, Providence ........................... SOUTH CAROLINA. First National Bank, Aiken....... First National Bank, Charleston.... Peoples National Bank, Charleston . National Loan & Exchange Bank, Columbia....................... Palmetto National Bank, Columbia. First National Bank, Florence.... Norwood National Bank, Greenville .'First National Bank, Lancaster. §7,500.00 25,792.41 5,000.90 2,749.41 4,087.30 4,125.78 7,093.61 9,552.98 5,000.00 20,969.57 150,000.00 100,000.00 61,649.92 123,582.27 207,990.57 7,345.68 224,234.95 187,267.92 3,853.97 25,000.00 23,865.17 59,714.76 6,626.61 39,965.83 10,006.16 5,478.53 6,359.95 7,956.96 5,000.00 13,949.88 15,000.09 5,000.00 10,000.00 5,000.22 6,021.39 4,754.58 65,000.00 25,000.00 14,483.92 10,000.00 50,009.00 380,185.67 150,000.00 3,536.31 69,687.02 94,459.83 25,000.00 483,311.53 3,664.55 74,999.00 12,360.94 96 REPORT OF THE TREASURER OF THE UNITED STATES No. 34. —Federal reserve and national banks designated as depositaries of public moneys with the balance held June 30, 1919—Continued. REGULAR DEPOSITARIES—Continued. Title of banks. To the credit of the Treasurer of the United States and United States disbursing officers. Title of banks. To the credit of the Treasurer of the United States and United States disbursing officers. south Carolina—continued. National Union Bank, Rock Hill.... Peoples National Bank, Rock Hill.. Central National Bank, Spartanburg First National Bank, Sumter...... SOUTH DAKOTA. First National Bank, Aberdeen.... Aberdeen National Bank, Aberdeen. Dakota National Bank, Aberdeen... First National Bank, Deadwood.... Gregory National Bank, Gregory.... First National Bank, Huron....... First National Bank, Lemmon...... First National Bank, Mitchell.... Mitchell National Bank, Mitchell.... First National Bank, Pierre...... Pierre National Bank, Pierre..... First National Bank, Rapid City.... Minnehaha National Bank, Sioux Falls........................... First National Bank, Yankton..... TENNESSEE. First National Bank, Bristol..... First National Bank, Chattanooga. -Hamilton National Bank, Chattanooga ........................... First National Bank, Clarksville.... Manufacturers’ National Bank, Harriman........................ Security National Bank, Jackson.... City National Bank, Johnson City.. Unaka National Bank, Johnson City. American National Bank, Knoxville. City National Bank, Knoxville.... East Tennessee National Bank, Knoxville...................... First National Bank, Memphis..... National City Bank, Memphis...... Fourth and First National Bank, Nashville...................... American National Bank, Nashville. Broadway National Bank, Nashville. Cumberland Valley National Bank, Nashville...................... Tennessee-Hermitage National Bank, Nashville.................. First National Bank, Tullahoma.... TEXAS. American National Bank, Austin.. -Austin National Bank, Austin..... First National Bank, Beaumont.... First National Bank, Brownsville... Merchants National Bank, Brownsville............................ American Exchange National Bank, Dallas........................... First National Bank, Del Rio..... First National Bank, Eagle Pass.... First National Bank, El Paso..... City National Bank, El Paso...... Fort Worth National Bank, Fort Worth.......................... First National Bank, Galveston... City National Bank, Galveston.... Houston National Exchange Bank, Houston.......................... 815,000.00 4,130.07 76,331.74 5,138.01 17,969. 02 4,641.32 24,928.85 65,000.00 29,730.17 8,860.92 10,000.00 11,479. 40 8,473. 78 10,000. 00 10,048.36 15,002.55 118,496.80 10,000.00 13,616.55 250,588.80 338,624.11 13,549.52 15,404.10 15,000.00 9,459. 97 51,854.36 10,016.10 39,367.70 110,441.28 140,221.80 10,000.00 150,793.41 108,602.45 49,181.27 49,772.59 10,000.00 9,719. 81 121,191.14 74,566. 73 155,096.33 57,172.97 31,570.64 24,417.79 48,605.37 29,082.59 174,101. 20 134,780.89 400,000.00 49,661. 72 69,908.43 2,500.00 texas—continued. National Bank of Commerce, Houston.......................... South Texas Commercial National Bank, Houston................... Union National Bank, Houston..... Laredo National Bank, Laredo..... Marfa National Bank, Marfa....... Marshall National Bank, Marshall... First National Bank, Mount Pleasant........................ First National Bank, Paris........ American National Bank, Paris..... First National Bank, Port Arthur... First National Bank, San Angelo.... Central National Bank, San Angelo.. Alamo National Bank, San Antonio. Frost National Bank, San Antonio.. San Antonio National Bank, San Antonio......................... Commercial National Bank, Sherman........................... Merchants’ and Planters’ National Bank, Sherman................... Texas City National Bank, Texas City............................ Victoria National Bank, Victoria.... Central Texas Exchange National Bank, Waco...................... Citizens’ National Bank, Waco..... Liberty National Bank, Waco...... City National Bank, Wichita Falls.. UTAH. First National Bank, Ogden........ Pingree National Bank, Ogden...... Utah National Bank, Ogden......... Deseret National Bank, Salt Lake City............................ National Bank of the Republic, Salt Lake City....................... National City Bank, Salt Lake City . National Copper Bank, Salt Lake City............................ VERMONT. Peoples National Bank, Barre...... Montpelier National Bank, Montpelier ........................... National Bank of Newport, Newport. Welden National Bank, St. Albans.. VIRGINIA. First National Bank, Abingdon..... First National Bank, Alexandria.... Citizens’ National Bank, Alexandria. Dominion National Bank, Bristol... National Bank of Charlottesville, Charlottesville................. Peoples National Bank, Charlottesville............................ First National Bank, Clifton Forge.. Second National Bank, Culpeper.... Culpeper National Bank, Culpeper.. First National Bank, Danville..... Front Royal National Bank, Front Royal........................... First National Bank, Hampton...... Lynchburg National Bank, Lynch-burg.............................. $35,000.00 85,000.00 5,000.00 37,213.96 24,810.01 5,000.00 2,938.45 14,288.14 3,198.37 15,832.76 10,000.00 10,000. 00 396,948.10 100,000.00 62,368.66 19,815.09 30,367. 58 50,000.00 5,000.00 50,000.00 99,636.41 50,000.00 20,000.00 74,651.85 14,782.17 17,230.09 74,431. 42 100,647.62 14,999.30 89,983.78 5,000.00 15,000.00 17,537.18 25,000.00 21,548.55 37,330.03 85,072.01 14,008.02 2,500.00 10,274.34 4,687.59 4,076.45 3,663.95 31,000.00 14,957.22 24,597.76 50,000.00 REPORT OF THE TREASURER OF THE UNITED STATES. 97 No. 34.—Federal reserve and national banks designated as depositaries of public moneys, with the balance held June 30, 1919—Continued. REGULAR DEPOSITARIES—Continued. Title of banks. To the credit of the Treasurer of the United States and United States disbursing officers. Title of banks. To the credit of the Treasurer of the United States and United States disbursing officers. Virginia—continued. Peoples National Bank, Lynchburg. First National Bank, Martinsville... First National Bank, Newport News. Schmelz National Bank, Newport News........................... National Bank of Commerce, Norfolk............................. Norfolk National Bank, Norfolk... Virginia National Bank, Norfolk.... National Bank of Petersburg, Petersburg ............................ Virginia National Bank, Petersburg. First National Bank, Portsmouth... American National Bank, Richmond. Merchants’ National Bank, Richmond ............................ First National Bank, Roanoke..... National Exchange Bank, Roanoke -. Boston National Bank, South Boston. National Valley Bank, Staunton.... First National Bank, Wytheville.... WASHINGTON. First National Bank, Bellingham... Bellingham National Bank, Bellingham.. ....................... First National Bank, Okanogan.... First National Bank, Port Townsend. First National Bank, Seattle..... Dexter-Horton National Bank, Seattle.............................. Exchange National Bank, Spokane. Fidelity National Bank, Spokane... Old National Bank, Spokane....... First National Bank, Sunnyside.... National Bank of Tacoma, Tacoma.. Vancouver National Bank, Vancouver ............................. First National Bank, Walla Walla... First National Bank, Yakima...... WEST VIRGINIA. Citizens’ National Bank, Charleston. Empire National Bank, Clarksburg.. Merchants National Bank of West Virginia, Clarksburg.......... Union National Bank, Clarksburg.. First National Bank, Huntington... Old National Bank, Martinsburg.... First National Bank, Parkersburg... Second National Bank, Parkersburg. Parkersburg National Bank, Parkersburg.......................... National Exchange Bank, Wheeling. WISCONSIN. First National Bank, Antigo...... Citizens’ National Bank, Appleton.. Ashland National Bank, Ashland... First National Bank, Baraboo..... Union National Bank, Eau Claire.... First National Bank, Elkhorn..... Commercial National Bank, Fond du Lac........................... Kellogg National Bank, Green Bay.. McCartney National Bank, Green Bay............................ $14,267.81 4,744.22 71,035.93 230,578.26 305,908.13 392,258.67 86,630.16 347,855.56 396,263.26 106,689.98 140,000.00 28,615.47 35,000.00 29,766.80 5,000.00 20,000.00 4,338.47 9,540.86 6,504.47 14’293.76 47,118. 49 49,415.20 489,130.96 124,114.10 9,767.13 77,902.56 9,915.35 150,000.00 102,413.20 14,458.78 33,205.45 500,000. 00 20,000.000 6,184.07 14,189.51 37,941.61 30,000. 00 97,260.59 27,431.35 24,303.63 125,000. 00 5,439.56 6,206.15 9,365.88 4,846.47 9,020.35 5,000. 00 12,713.63 30,000. 00 19,958.83 142530—19----7 Wisconsin—continued. Rock County National Bank, Janesville........................... First National Bank, Madison.... Commercial National Bank, Madi- son............................ National Bank of Manitowoc, Manitowoc.......................... First National Bank, Milwaukee.. National Exchange Bank, Milwaukee............................. Wisconsin National Bank, Milwaukee............................. Old National Bank, Oshkosh...... First National Bank. Ripon...... American National Bank, Ripon.... First National Bank of the City of Superior, Superior............. National Bank of Waupun, Waupun First National Bank, Wausau..... WYOMING. First National Bank, Cheyenne... Citizens’ National Bank, Cheyenne.. Stock Growers’ National Bank, Cheyenne...................... First National Bank, Evanston... First National Bank, Lander..... Powell National Bank, Powell.... First National Bank, Rock Springs.. ADDITIONAL DEPOSITARIES. CANAL ZONE. Cristobal branch, American Foreign Banking Corporation of New York, Cristobal, Canal Zone............. PANAMA. Panama branch, American Foreign Banking Corporation of New York, Panama, R. P..............'....... HAWAII. First National Bank of Hawaii, Honolulu, H. T.................... Army National Bank, Schofield Barracks, H. T.................... PORTO RICO. American Colonial Bank of Porto Rico, San Juan, P. R.............. San Juan branch, National City Bank of New York, San Juan, P. R............................. HAITI. Port au Prince branch, American Foreign Banking Corporation of New York, Port au Prince, Haiti.! PHILIPPINE ISLANDS. Treasury of the Philippine Islands, Manila, P. I...................... Total. 1 Credit balance. $5,000.00 27,902. 04 9,242.37 5,000. 00 192,440.55 249,980.57 268,224.69 15,000. 00 4,573. 77 4,158.40 15,000. 00 2,848.21 5,100. 00 1 13,938.36 25,000. 00 86,020.44 20,000.00 8,250.01 15,000. 00 9,554.99 477,580.99 1,596,318.21 1,017,830. 75 489,306.92 305,497.51 1,278,496.81 99,933.11 9,313,439.48 58,167,704.66 98 REPORT OF THE TREASURER OF THE UNITED STATES. No. 34.—Federal reserve and national banks designated as depositaries of pvblic moneys, with the balance held June 30, 1919—Continued. FOREIGN DEPOSITARIES. Title of banks. To the credit of the Treasurer of the United States and United States disbursing officers. Title of banks. To the credit of the Treasurer of the United States and United States disbursing officers. Tresor Public, Paris, France Bank of England, London, England The Royal Bank of Canada, Mont- real, Canada Bank of Montreal, Montreal, Canada. Equitable Trust Co. of New York, Paris branch, Paris, France Equitable Trust Co. of New York, London branch, London, England. Guaranty Trust Co. of New York, Paris branch, Paris, France $6,030,361.30 11,862,459.86 365,063.31 99,176. 00 2,000. 00 34,579. 70 1,157.15 International Banking Corporation of New York, London branch, London, England Farmers Loan and Trust Co. of New York, London branch, London, England National City Bank of New York, Genoa branch, Genoa, Italy Total $159,376.69 463,769.23 3,867,222.69 22,885,165.93 SPECIAL DEPOSITARIES. State. Number. To the-credit of the Treasurer of the United States. State. Number. To the credit of the Treasurer of the United States. Alabama 8 1 2 10 7 6 6 3 12 7 29 31 39 27 14 3 4 , 13 11 9 12 4 14 16 $8,000 1,000 2,000 10,000 7,000 6,000 1,853,000 3,000 12,000 7,000 29,000 31,000 39,000 27,000 14,000 3,000 4,000 13,000 11,000 9,000 12,000 4,000 14,000 16,000 Nevada 2 11 8 2 43 8 1 47 5 7 74 1 3 2 2 71 5 17 3 11 14 7 $2,000 11,000 8,000 2,000 204,425 8,000 1,000 47,000 5,000 7,000 74,000 1,000 3,000 2,000 2,000 976,250 5,000 17,000 3,000 11,000 14,000 7,000 Arizona New H ampshire .. Arkansas California Colorado New Jersey New Mexico New Y ork Connecticut District of Columbia........ Florida North f ’arolina North Dakota Ohio Georgia Oklahoma Idaho.... Oregon Illinois Indiana ... Iowa Pennsylvania Rhode Island South Carolina Kansas Kentucky Louisiana South Dakota Tennessee Texas Maine Vermont Maryland Virginia Massachusetts Michigan Minnesota Washington West Virginia Wisconsin Mississippi Missouri Wyoming Total Nebraska 632 3,545,675 RECAPITULATION. Federal reserve banks.................................................... $55,300,485.16 Special depositaries: Federal reserve banks, fiscal agents................................. 905,411,514.76 --------------- $960,711,999.92 Federal land banks...............................................,........................... 500,000.00 National banks, etc.: Regular depositaries................................................. 58,167,704.66 Special depositaries................................................... 3,545,675.00 Foreign depositaries (credits to Treasurer, United States only)...... 22,885,165.93 . --------------- 84,598,545.59 Total............................................................................ 1,045,810,545.51 REPORT OF THE TREASURER OF THE UNITED STATES. 99 No. 35.—Number of national banks with semiannual duty levied, by fiscal years, and number of depositaries with bonds as security at close of each fiscal year from 1901. Fiscal year. Number of banks. Bonds held to secure circulation. Semiannual duty levied. Number of depositaries. Bonds held to secure deposits. Total bonds held. 1901 4,187 4,553 5,014 5,409 5,782 6,138 6,538 6,827 7,020 7,207 7,337 7,428 7,532 1 7,526 7,503 7,412 7,363 7,388 7,416 $326,119,230 317,038,530 375,068,770 416,016,690 468,066,940 520,605,210 558,364,660 628,172,130 660,689,070 686,974,880 698,532,060 724,493,740 740,529,250 740,796,910 736,024,190 690,440,9*0 671,333,060 708,680,900 692,252,950 $1,599,221.08 1,633,309.15 1,708,819.92 1,928,827.49 2,163,882.05 2,509,997.80 2,806,070.54 3,090,811.72 3,190,543.04 3,463,466.68 3,567,037.21 3,690,313.53 3,804,762.29 3,889,733.17 3,901,541.18 3,744,967.77 3,533,631.28 3,656,895.34 3,777,283.13 448 577 713 842 837 927 1,255 1,436 1,414 1,380 1,362 1,354 1,478 1,584 1,491 1,381 1,368 1,386 1,399 $105,765,450 124,718,650 152,852,020 112,902,550 80,404,950 95,575,725 193,244,052 180,459,419 81,244,071 51,774,700 50,206,800 48,309,500 61,646,300 63,711,350 54,854,619 42,674,350 43,054,350 50,344,700 53,720,400 $431,884,680 441,757,180 527,920,790 528,919,240 548,471,890 616,180,935 751,608,712 808,631,549 741,933,071 738,749,580 748,738,860 772,803,240 802,175,550 804,508,260 790,878,809 733,115,280 714,387,410 759,025,600 745,973,350 1902 1903 1904 1905 1906 1907 1908 1909 1910 1911 1912 1913 1914 1915 1916 1917 1918 1919 1 Number of banks having bonds on deposit with Treasurer from and after this date. No. 36.— United States bonds retired from May, 1869, to June 30, 1919. Title of loan. Rate of interest. Redeemed. Purchased. Converted and exchanged. Total. Loan of 1847 Bounty-land scrip Loan of February, 1861 Oregon war debt Loan of July and August, 1861. Five-twenties of 1862 Loan of 1863 Five-twenties oi March, 1864... Five-twenties of June, 1864 Five-twenties of 1865 Consols of 1865 Consols of 1867 Consols of 1868 Texas indemnity stock Loan of 1860 i Loan of 1858 Ten-forties of 1864 Funded loan of 1881 Funded loan of 1891 Funded loan of 1907 Loans of July and August, 1861, continued Loan of 1863 Funded loan of 1881, continued. Loan of July 12, 1882 Loan oi 1908-1918 Funded loan of 189L continued. Bonds issued to Pacific rail- roads: Central Pacific Union Pacific Kansas Pacific Central Branch, Union Pacific Western Pacific ' Sioux City & Pacific Loan of 1904 Loan of 1925 First Liberty loan converted... First Liberty loan converted... Second Liberty loan Second Liberty loan converted. Third Liberty loan Third Liberty loan converted.. Fourth Liberty loan 6 6 6 6 6 6 6 6 6 6 6 6 6 5 5 5 5 5 4| 4 34 3J 34 3 3 2 6 6 6 6 6 6 5 4 4 41 4 41 41 41 41 $47,900 1,175 7,798,000 685-, 950 12,932,400 430,419,800 4,684,700 2,382,200 69,868,950 157,697,450 205,287,650 310,108,800 37,478,750 2.*2,000 7,022,000 6,041,000 192,459,250 72,867,850 81,047,800 62,226,400 127,595,600 37,226,200 109,155,250 305,581,050 63,009,460 25,413,200 25,885,120 27,236,512 6,303,000 1,600,000 1,970,560 1,628,320 19,372,000 $10,612,000 256,800 48,776,700 57,155,850 19,854,250 1,119,800 43,459,750 36,023,350 118,950,550 62,846,950 4,794,050 43,599,000 143,518,200 236,575,400 2,913,540 8,543,650 43,825,500 656,000 4,003,050 61,050,000 180,357,600 14,935,500 201,660,500 - 165,000,000 $27,091,000 380,500 12,218,650 9,586,600 .8,703,600 6,568,600 256,650 13,957,000 2,089,500 441,728,950 13,231,650 292,349,600 132,449,900 72,071,300 $47,900 1,175 18,410,000 942,750 61,709,100 514,666,650 24,.538,950 3,882,500 125,547,350 203,307,400 332,941,800 379,524,350 42,529,450 232,000 7,022,000 19,998,000 194,548,750 116,466,850 224,566,000 740,530,750 127,595,600 50,457,850 401,504,850 305,581,050 198,372,900 25,413,200 25,885,120 27,236,512 6,303,000 1,600,000 1,970,560 1,628,320 99,986,950 43,825,500 656,000 4,003,050 61,050,000 180,357,600 14,935,500 201,660,500 165,000,000 Total 2,413,266,297 1,510,487,990 1,032,683,500 4,956,437,787 100 REPORT OF THE TREASURER OF THE UNITED STATES. No. 37.—Seven-thirty notes issued, redeemed, and outstanding June 30, 19 . Issue. Total issued. Redeemed to June 30, 1918. Redeemed during year. • Total redeemed. Outstanding- July 17,1861 Aug. 15, 1864 June 15, 1865 July 15, 1865 Total $140,094,750 299,992.500 331,000.000 199,000,000 $140,085,400 299,947,200 330,970,200 198,955,000 $100 $140,085,400 299,947,200 330,970.200 198,955,100 $9,350 45.300 29,800 44,900 970,087,250 969,957.800 100 969,957,900 129,350 No. 38.—Refunding certificates, act of Feb. 26, 1879, issued, redeemed, and outstanding. 3 How payable. Issued. Redeemed during year. Total retired to June 30, 1919. Outstanding. To order $58,480 39,943,430 £ $20 ' 5 10,820 To bearer 39,954,250 $360 Total 40,012,750 360 40,001,910 10,840 No. 39.—Checks issued by the Treasurer for interest on registered bonds during the fiscal year 1919. Title of loans. Number. Amount. Title of loans. Number. Amount. Philippine loan of— 1914-1934 (L. P.) 1915-1935 (P. I. B.) 1915-1935 (M. S. & W.). 1916-1936 (P. I. B.) 1917-1937 (M. S. & W.). 1918-1938 (M. S. & W.). 1919-1939 (P. I. B.) 1921-1941 1926-1946 (loan of 1916). Porto Rican gold loan of— 1920-1927 1922-1937 1933-1943 1944-1954 2,460 1,031 311 296 476 337 661 88 853 72 18 87 277 $280,000.00 100,000.00 40,000.00 40,000.00 80,000.00 40,000.00 60,000.00 5,000.00 160,000.00 17,000.00 4,000.00 40,000.00 44,000.00 Porto Rican gold loan of— Continued. 1925-1939 Refunding, 1914 Refunding, municipal.. Irrigation, 1915 Insular Public improvement of 1916 Public improvement of 1918 District of Columbia 3.65 per cent bonds.. Total 220 200 20 66 94 78 3 368 8,016 40,000.00 26,200.00 11,400.00 24,000.00 12,000.00 20,000.00 10,000.00 193,541.25 t • 1,247,141.25 No. 40.—Interest paid by the Treasurer of the United States on District of Columbia 3.65 per cent bonds during the fiscal year 1919. Coupons........................................................................................ $9,531.97 Checks........................................................................................ 193,577. 75 " * Total....................................................................................203,109.72 V « REPORT OF THE TREASURER OF THE UNITED STATES. 101 * * ?qo 41—Coupons from, United States bonds and interest notes paid during the fiscal year 1919, classified by loans. Title of loans. 4 per cent loan of 1925................................. 2 per cent consols of 1930.............................. 3| percent first Liberty loan, 1932-1947................ 31 percent first Liberty loan, 1932-1947, converted..... 4 percent first Liberty loan, 1932-1947, converted-..... 41 percent first Liberty loan, 1932-1947, converted..... 41 percent first Liberty loan, 1932-1947, second converted 4 percent second Liberty loan, 1927-1942................ 41 per cent second Liberty loan, 1927-1942, converted... 41 percent third Liberty loan of 1928................... 41 per cent fourth Liberty loan of 1933-1938............ 2 percent PanamaCanalloan of 1916-1936.................. 2 percent Panama Canal loan of 1918-1938,............... 3 percent Panama Canal loan of 1961..................... 3 per cent loan of 1908-1918............................ 3 per cent conversion bonds............................. 4 per cent certificates of indebtedness................. 4J- per cent certificates of indebtedness............... 4 per cent consols of 1907.............................. 21 percent postal savings, consolidated................. 2 J per cent postal savings, first series............... 2| per cent postal savings, second series............... 2} percent postal savings, third series................. 21 per cent postal savings, fourth series............... 2| percent postal savings, fifth series................. 2J per cent postal savings, sixth series................ One-year Treasury notes................................. Seven-thirties of 1834-1865............-................ 5 per cent loan of 1904................................. Funded loan of 1861..................................... Total............................................. Number. Amount. 70,251 $578,918.50 11.892 38,909.50 6,274,305 39,791,889.49 568,191.48 4.027,642 8,637,086.31 1,878, 817 9,671,601.11 4,045 26,055.67 12,594,617. 32,538,074.00 9,939,272 90,503,152.30 35,589,771 114,388.861.90 19,137,624 99,652,050.71 192 363.40 795 3,460.00 30,236 197,317.25 207,293 250,297.95 91,105 670,692.00 71,316 2,079,608.52 129, 839 15,426,641.80 2,113 8,205.50 12,136 18,697.00 6 7.50 117 94.25 66 60.50 102 93.50 38 65.50 25 29.25 4,654 122,182.50 1 1.82 1 1.25 1 .57 90,078,272 415,172,611.03 No. 42.—Bonds and other securities retired for the sinking fund during the fiscal year 1919, and total from May, 1869. Title of loans. Retired during fiscal year. From May, 1869. Redeemed. Purchased. Total. War-bounty scrip $175.00 $175.00 Loan of 1 Rfifi 10,000.00 10,000. 00 Loan of February, 1861 . 3,000.00 810,612,000. 00 10,615,000.00 Oreg DU war debt 1,550. 00 256,800. 00 258,350.00 Loan of .Tulv and August, 1861 78,450.00 48,776,700. 00 48,855,150. 00 Fi e-twenties of 1862 30,047,450.00 24,029,150.00 54,076,600.00 L an of 1863 23,100.00 19,854,250.00 19,877,350. 00 Ten-1 rties of 1863 691,700.00 691,700.00 Five-twenties of March 1864 361,600.00 361,600. 00 Five-twenties of June, 1864. 11,072,150.00 18,356,100.00 29,428,250.00 Five-twenties of 1865 1,982,450. 00 16,866,150.00 18,848,600.00 Consols of 1865 65,500. 00 48,166,150. 00 48,231,650. 00 Consols of 1867 100.00 76,800. 00 32,115,600.00 32,192,400.00 Consols of 1868 21,350.00 2,213,800. 00 2,235,150.00 Funded loan of 1881 . 25,091,550.00 43,599,000.00 68,690,550. 00 Funded 1 jan of 1891 1,050. 00 50,768,750. 00 46,274,850. 00 97,043,600.00 Funded Ban of 1907 - 80,550. 00 60,807,550.00 134,291,400.00 195,098,950. 00 Loan of 1904 19,372,000. 00 8,543,650.00 27,915,650.00 Loan of July and August 1861 continued . 56,633,000. 00 56,633,000.00 Loan of 1863 continued. . 37,220,300.00 37,220,300.00 Funded loan of 1881, continued 43'710 300.00 43,710,300.00 T>oan of July 12 1882 168,692', 750.00 168,692,750.00 Loan of 1908-1918 2,396,800.00 2,396,800.00 Funded 1 an of 1891 continued 3,000.00 25,411,200.00 25,411,200.00 Loan of 1925 43,825,500.00 43,825,500.00 Treasury notes prior to 1846 110.00 110.00 Treasury notes of 1861 200 00 200.00 Temporary loan certificates act of 1862 110.00 110.00 Certificates of indebtedness act of 1862 1,000.00 . 1,000.00 Certificates of indebtedness of 1870 678,000.00 678,000.00 One-year notes of 1863 30.00 5,545.00 5,545.00 Two-year notes of 1863 . 1'700. 00 1,700.00 Compound-interest notes 90. 00 31,480.00 31,480.00 Seven-thirties of 1861 1', 500.00 1,500.00 Seven-thirties of 1864 65 13,500.00 13,500.00 Fractional currency 1,823.00 26,272,568.11 26,272,568.11 United States notes 29,090,564.00 29,090,564.00 Old demand notes .... Si 455.00 3,455.00 Refunding certificates 360.00 12,150.00 1,350.00 13,500.00 Certificates of indebtedness 13,936,500.00 1,500,000.00 15,436,500.00 Total 87,003.00 601,829,457.11 502,040,850.00 1,103,870,307.11 102 REPORT OF THE TREASURER OF THE UNITED STATES. No. 43.—Public debt, June 30, 1918, and June 30, 1919, and changes during the year. Title of loans. Rate of interest. Outstanding June 30, 1918. Issued during the year. Retired during the year. Outstanding June 30, 1919. INTEREST-BEARING DEBT. Loan of— 1925 Per ct. 4 SI 18,489,900.00 63,945,460. 00 599,724,050.00 48,954,180.00 25,947,400.00 50,000,000.00 11,060,700.00 28,894,500.00 19,150,000. 00 1, 706,204,500.00 1,988,791,294.62 3,746,813,516.00 3,228,109,638.47 $118,489,900.00 (‘) 599,724,050.00 48,954,180.00 25,947,400.00 50,000,000.00 11,349,960.00 28,894,500.00 3,624,988,490.00 1,984,796,730.00 3,566,458,320.00 3,958,555,557.50 6,794,504,587.00 3,467,844,971.77 953,997,434.77 1908-1918 Consols of 1930 3 2 $63,009,460.00 Panama Canal loan of— 1916-1936 2 1918-1938 2 1961 3 Postal savings bonds Conversion bonds 24 3 S289,260.00 One-year Treasury notes.... Certificates of indebtedness. First Liberty loan bonds... Second Liberty ban bonds.. Third Liberty ban bonds.. Fourth Liberty loan bonds.. Victory notes ' 3 2-4J 3J 4 41 41 4| 16,955,327,890.00 8,485.38 2,404.00 932,106,419.03 6,959,504,587.00 3,467,844,971.77 738,247,741.07 19,150,000.00 15,027,727,900.00 4,003,050.00 180,357,600.00 201,660,500.00 165,000,000.00 War savings and thrift stamps 349,797,297.33 134,047,603.63 Total 11,985,882,436.42 29,053,331,758.25 15,794,956,113.63 25,234,506,081.04 DEBT ON WHICH INTEREST HAS CEASED. Old debt tV-6 151,610.26 151,610.26 Loan of 1847 6 ' 950.00 950.00 20,000.00 2,000.00 105,450.00 13,950.00 19,850.00 18,550. 00 57,150.00 93,650. 00 9,900 00 5,000.00 22,400.00 50.00 Texas indemnity stock 5 20,000.00 2,000. 00 105,450.00 13,950.00 19,850.00 Loan of 1858 Five-twenties of— 1862 6 June, 1864 6 1865 6 Ten-forties of 1864 5 Consols of— 1865 6 57,150.00 — 1867 6 93' 750. 00 100. 00 1868 6 9,900.00 5,000. 00 22,400.00 50. 00 Loan of February, 1861 6 Funded loan of— 1881 5 1881, continued 34 6 Oregon war debt 2,250.00 15, 050 00 1,600.00 2,250.00 15,050.00 1,600. 00 3,100.00 100.00 200.00 16,800.00 4,000.00 13,050.00 407,350.00 936,000. 00 8,816.000.00 2,300.00 9,350.00 30,160.00 26,800.00 158,060.00 120,000.00 3,000.00 2,850.00 5,000.00 10,840.00 Loan of— July and August, 1861.. July and August, 1861, continued 6 34 Loan of— 1863 (1881’s) 6 3,100.00 1863, continued 34 3 ' 100.00 July 12,1882 200. 00 Funded loan of— 1891 44 2 20,850.00 4,000. 00 4,050.00 1891, continued Loan of 1904 5 13,050.00 487,900. 00 Funded loan of 1907 Loan of 1908-1918 4 3 80,550.00 Certificates of indebtedness. Treasury notes of 1861 2-44 6 18,805,000.00 2 300 00 18,805,000.00 Seven-thirties of 1861 Its 9,350.00 30,190.00 26 800. 00 One-year notes of 1863 Two-year notes of 1863 5 5 30.00 Compound-interest notes... Se-'en-thirties of 1864-65 6 7-A 158,150.00 120,000.00 3,000.00 2.850.00 5' 000.00 90.00 Certificates of indebtedness. Temporary ban 6 4-6 3 per cent certificates 3 Refunding certificates 4 11,200.00 360. 00 Total 20,242,550.26 18,890,180.00 11,10^,370.26 DEBT BEARING NO INTEREST. Old demand notes 53,012.50 53,012.50 346,681,016.00 35,830,457.00 6,843,314.82 United States notes Nati mal-bank notes, redemption account Fractional currency 346,681,016.00 36,903,592.00 6,845,137.82 243,404,000. 00 22,644,757.50 243,404,000. 00 23,717,892.50 1,823.00 Total 390,482,758.32 266,048,757.50 267,123,715.50 389,407,800.32 Aggregate 12,396,607,745.00 29,319,380,515.75 16,080,970,009.13 25,635,018,251.62 ^Balance matured and included in “Debt on which interest has ceased’ REPORT OF THE TREASURER OF THE UNITED STATES. 103 No. 44.—Public debt, exclusive of certificates and Treasury notes, at the end of each month from January, 1913. Months. Interest bearing. Matured. United States notes and fractional currency. National-bank notes, redemption account. Total. 1913—January $965,706,610.00 1914 1915- 1916- February.... March April May June July August September... October November... December... -January February.... March April May June July August September... October November... December... -January February.... March April May June July August September... October November... December... -January February.... March April May June July August 965,706,610.00 965,706,610.00 965,706,610.00 965, 706,610.00 965,706,610.00 966,823,490.00 966,823,490.00 966,823,490.00 966,823,490.00 966,823,490.00 966,823,490.00 967,953,310.00 967,953,310.00 967,953,310.00 967,953,310.00 967,953.310.00 967,953,310.00 968,825,550.00 968,825,550.00 968,825,550.00 968.825,550.00 968i 825,550.00 968,825,550.00 969,759,090.00 969,759,090.00 969,759,090.00 969.759,090.00 969; 759,090.00 969,759,090.00 970,624,590.00 970,624,590.00 970,624,590.00 970,624,590.00 970,624,590.00 970,624,590.00 971,562,590.00 971,562,590.00 971,562,590.00 971,562,590.00 971,562,590.00 971,562,590.00 972,469, 290.00 972,469,290.00 September... October November... December... 1917—January February.... March..' April May June July August September... October November... December... 1918—January February.... March....... April May June July August September... October November... December... 1919—January February.... March April May June 972,469,290.00 972,469,290.00 972,469,290.00 972,469,290.00 973,357,250.00 973,357,250.00 1.023,357,250.00 1,288,357,250.00 1,691,562,250.00 2,712,549,476.61 7,643,209,655.31 7,116,032,330.65 8,196,321,826.01 9,324,205,752.25 10,164,241,463.91 11,112,181,437.31 12,578,985,282.08 11,985,882,436.42 13,179,063,924. 60 14,355,689, 944. 74 15,633,280,637.29 18,335,087,960.70 19,151,071.514.33 20,821,116; 846.16 22,954,401,467.64 24,218,601,421.45 23,959,309,198.16 24,577,056,717.10 25,669;332,603.88 25,234,435,056.61 SI, 678,390.26 8353,589,708.40 1,677,650.26 353,589,163.40 1,675,590.26 353,588,908.40 1,664,580. 26 353,588,778.40 1,660,900.26 353,588,778.40 1,659,550.26 353,588,778.40 1,654,660.26 353,588,323.40 1,652,120.26 353,588,323.40 1,651,100. 26 353,588,008.40 1,649,040.26 353,588,008.4Q 1,647,180.26 353,588,008.40 1,641,720. 26 353,587,989.40 1,641,510.26 353.687,614.40 1,639,300.26 353,587,614.40 1,636,190.26 353,587,266.40 1,615,310. 26 353,587,266.40 1,610,720.26 353,586,641.40 1,552,560.26 353,586,641.40 1,548,440.26 353,586,641.40 1,545,020.26 353,586,236.40 1,544,620. 26 353,585,966.40 1,526,750. 26 353,585,966.40 1,525,630. 26 353,585,966.40 1,518,670.26 353,585,966.40 1,516,580.26 353,585,476.40 1,514,880.26 353,585,018.40 1,511,880.26 353,585,018.40 1,510,530.26 353,585,018.40 1,510,070.26 353,585,018.40 1,507,260. 26 353,584,408.40 1,506,260.26 353,584,408.40 1,506,108.26 353,584,408.40 1,506,140. 26 353,584,058.40 1,505.000. 26 353,584,058.40 1,501,340.26 353,583,668.40 1,489,810.26 353,583,668.40 1,489,200. 26 353,583,228.40 1,488,650.26 353,583,228.40 1,481,270.26 353,583,228.40 1.475,040.26 353,582,903.40 1,474,500.26 353,582,690.40 1,473,100.26 353,582,665.40 1,472,550. 26 353,582,245.40 1,470,110. 26 353,582,245.40 1,469,980.26 353,582,245.40 1,469,810.26 353,581,945.40 1,463,230.26 353,581,928.40 1,463.190.26 353,581,928.40 1,460,040.26 353,581,568.40 1.459,820.26 353,581,564. 65 1,459,630.26 353,581,564.65 1,459,220. 26 353,581,036. 65 1,459,200. 26 353,581,036.65 4,232,230.26 353,580,736.65 15,994,740.26 353,580,026.65 2,841,240.26 353,579,636.75 1,639,200. 26 353, 579,636.75 1,576,120. 26 353,579,627.33 1,521,100.26 353,579,626. 73 1,495,330.26 353,579,166.32 60,168,130.26 353,579,166. 32 20, 242,550. 26 353,579,166.32 5,094,530.26 353,579,166.32 11,071.020.26 353,578,446.32 7,585,500.26 353,578,446.32 198,441,750.26 353,578,446.32 46,142,330.26 353,578,446.32 14,019.000. 26 353,578,446. 32 41,746,830.26 353,578,446.32 5,809,020. 26 353,578,446.32 7,590,720. 26 353,578,446.32 4,092,140.26 353, 578,446.32 9,685,620.26 353,578,446.32 11,109,370.26 353,577,343.32 820,550,098.50 81,341,524,807.16 22,871,078. 50 1,343,844,502.16 22,659,281.00 1,343,630,389.66 21,982,033. 50 1.342,942,002.16 21,539,201.00 1,342,495,489. 66 22,092,806.00 1,343,047,744. 66 20,790,733.50 1,342,857.207.16 21,720,031.00 1,343,783,964.66 20,593,576.00 1,342,656,174.66 18,835,883.50 1,340,896,422.16 17,481,856.00 1,339,540,534.66 17,209,266.00 1,339,262,465. 66 17,828,483.50 1,341,010,918.16 16,704,743.50 1,339,884,968.16 16,604,968.50 1,339,781,735.16 15,585,676.00 1.338,741,562.66 16,131,221.00 1,339,281,892.66 15,142,888. 50 1,338,235,400.16 15,684,170.50 1.339,644,802.16 15,447,088.00 1,339,403,894. 66 16,026,788. 00 1,339,723,249. 66 16,026,788.00 1,339.965,054. 66 15,269,375. 50 1,339,206.522.16 15,192,433.00 1,339,122,619.66 16,960,228.00 1,341.821,374.66 16,844,705.50 1,341,703,694.16 19,388,300.00 1,344,244,288.66 19,189,381.50 1,344,044, C20.16 19,130,262.00 1,343,984,440.66 19,390,345. 50 1,344,241,104.16 19,849,327.50 1,345,564,586.16 22,640,052.00 1,348,355,230. 66 23,096,069.50 1,348,810,858.16 23,651,308.00 1,349,364,956. 66 26,584,088.00 1,352,293,686.66 28,119,133.00 1,353,817,201.66 32,559,173.00 1,359,194,191.66 40,703,950.50 1,367,338,419.16 46,532, 583.00 1,373,159,671.66 52,349,750. 50 1,378,970,284.16 55,142,915.00 1,381,762,695.66 51,506,237.50 1,378,124,593.16 48,679.783.50 1.376,203,869.16 45,688,358.00 1,373,210,003.66 44,871,477.50 1,372,392,993.16 44,684,977.00 1.372,206,022.66 49,010,191.50 1,376,524,640.16 52,418,932.00 1,379,933,340.66 50,927,531.00 1,379,326.389.66 47,512,572.00 1,375,911,206.91 56,624,927.00 1,435,023,371.91 53,635,314. 50 1,697,032,821.41 50,651,692.00 2,097,254,178.91 48,235,167.00 3,128,507,610. 52 38,529,027.00 8,051,313,449.22 37,903.169.50 7,510,356,377.16 37,418,404.50 8,588,959,067. 52 37,047,659.50 9,716,409,159. 34 36,134,454.50 10,555,476,645.40 36,099,772.00 11,503,355,705. 89 35,828,559.50 13,028,561,138.16 36,903,592.00 12,396,607,745.00 36,278,622.00 13,574,016,243.18 44,487,147.00 14,764,826,558.32 43,537,322.00 16,037,981,905. 87 42.478,527.00 18,929,586,684. 28 40,561,757.00 19,591,354,047. 91 40,195,922.00 21,228,910,214.74 42,027,467.00 23,391,754,211.22 42,268,039.50 24,62J, 256,927. 53 40,408,287.00 24,360,886,651. 74 39,210,572.00 24,973.937,875.68 37,256,452.00 26,069,853,122.46 35,830,457.00 25,634,952,227.19 Note.—The financial statement of the United States was not published for the months of July, August September, and October, 1917. 104 REPORT OF THE TREASURER OF THE UNITED STATES. No. 45.—Checks dra wn by the Secretary and paid by the Treasurer for interest on registered bonds of United States during the fiscal year 1919. Title of loan. Rate of interest. / Per cent. Loan of 1925 4 Loan of 1908-1918 3 Consols of 1930 2 Panama Canal loan of 1961 3 Panama Canal loan of 1916-1936...:......... 2 Panama Canal loan of 1918-1938 2 Postal savings 2J Consols of 1907 4 Conversion bonds 3 One-vear Treasury notes 3 Special certificates of indebtedness 2 Soldiers and sailors civil relief insurance.... 31 Liberty loan of 1917—first 31 Liberty loan of 1917—first converted 4 Liberty loan of 1917—-second 4 Liberty loan of 1917—first converted.... 4} Liberty loan of 1917—second converted 41 Liberty loan of 1928—third 41 Liberty loan of 1933-1938—fourth 41 4| per cent first Liberty loan converted adjustment 1 ofl 4J per cent first Liberty loan converted adjustment J ofl 4J per cent second Liberty loan converted adjustment 1 ofl LibertyLoan—first—second conversion 41 Total Checks drawn by the Secretary of the Treasury. Checks paid bv the Treasurer o f the United States. Number. Amount. Number. Amount. 15,653 10,288 36,766 7,898 3,956 2,196 17,265 $4,156,704.00 336,134.85 11,955,835.00 1,300,296.75 978,891.60 516,235.40 265,199.75 15,711 13,168 34,068 7,667 3,770 2,129 16,741 2 421 21 13 81 87,409 110,187 451,187 129,753 418,198 1,239,092 1,098,448 $4,296,784.35 400,704.56 11,976,052.11 1,288,970.73 978,433. 75 516,343.20 257,878. 73 6. 50 206,294.52 189,480.00 364,528.24 1,021.74 10,204,092.04 1,731,445.38 7,403,684.00 2,701,572.02 13,955,653. 24 16,488,160.54 15,729,935.86 430 23 26 204 74,412 115,651 483,965 148,935 380,749 1,325,616 1,203,097 17,996 880 83,351 1,618 197,107.50 199,050.00 1,801,882.39 4,130.00 9,615,095. 00 1,277,217.00 7,795,717. 00 3,027,697.91 14,015,231.15 16,735,535.04 16,203,055.05 i 23,260.78 i 2,245. 55 2 216,103.35 i 23,607.10 3,930,975 90,646,232.17 3,628,066 88,691,041.51 1 Paid checks of these issues included in the 4 j per cent first Liberty loan converted. 2 Paid checks of these issues included in the 4} per cent second Liberty loan converted. No. 46.—Money deposited in the Treasury each month of the fiscal year 1919 for the redemption of national-bank notes. Months. 5 per cent account. Retirement account. Total. Insolvent and liquidating. Reducing. 1918. July $22,286,189. 77 $103,560.00 $326,100. 00 $22 715 849.77 August 23,239,808.51 52,100.00 9,699.257.50 32,991,166.01 September 18? 781,241.72 56,250.00 1 272 300 00 20 109 791.72 October 21,977,898. 03 196,460.00 269,220.00 22,443,578.03 November 19? 021' 512. 82 200? 000.00 706,500 00 19 928,012.82 December 18? 609? 503.24 99,997. 50 1,020,197. 50 19? 729? 698.24 1919. January 18,452,739. 73 256,200.00 3,765,000.00 22,473,939.73 February 18,532,199.29 734 197.50 1 037 742 50 29 304,139.29 March..? 22,784,020.95 253? 735.00 155,200.00 23,192,955.95 April 28? 627? 749.45 184? 700.00 700,100.00 29,512,549.45 May 35? 249? 491.94 72? 900.00 544,000. 00 35 866,391.94 June 34,095,064.48 187? 800.00 779? 800.00 35,062,664.48 Total 281,657,419.93 2,397,900.00 20,275,417. 50 304,330,737.43 REPORT OF THE TREASURER OF THE UNITED STATES. 105 I he ed 1 i s C tF TT 00 h ¥ I 1 § 1 1 'c? 1 ■s i 6 OCOOOOOOOOOOOOiQOOOOO OHOiOOtOiQOOOOJOiOtOOOOOiO .00 .50 .50 .00 .50 .00 gggggg s ® o r; .■£ p 3 £ c ,q c3 bM S a £ h-) S ® /- H $111,699. 122,883. 148,477. 174,806. 291,351. 308,547. 267,451. 295,300. 469,965. 532,949. 640,328. 610,141. 738,723. 950,249. 1,232,613 2,802,553 867,242. 613,219. 681,351. 89,601. 52,135. 54,710. 44,098. 40,778. 52,163. 109,026. 80,030. 80,111. 81,955. 83,193. 90,178. 857,979. oooooo ooooooooooooo OOlClOO io *O O UJO O LQ IQ O O O O .00 .00 .50 .00 .50 .00 .50 .00 .00 .00 .50 .50 c 1 jrde- Total, notion | id re- i ernent.! $92,536,808. 147,727,385. 167,035,539. 193,439,781. 259,406,931. 306,561,620. 298,216,662. 237,534,924. 298,178,914. 500,636,735. 493,849,153. 540,273,820. 645,011,311. 669,405,645. 715,530,815. 764,926,023. 564,071,758. 154,775 462,782,000. 134,225 389,207,790. 32,600 28,474,805. 22,240 33,667,410. 32,600 27,376,092. 42,700 29,297,880. 40,180 39,059,152. 46,150 30,159,645. 37,150 40,678,422 40,188,035. 52,072,980 63,987,780 148,300 71,010,732 480,900 68,492,447 382,82o|524,465,382. 1 reserve bank r For F< a destruc- str f tion and ar reissue, tin 0 $54,900 $1 iO 972,620 1,< OOOOOO OO cO O O >Q iQ OO P- xH O CM co” co o” i>-” o” o” O 00 CO O O 00 CM CO 'T I- CM OOOOOO 10 1,992,200 iO 3,058,000 ... )0 5,840,000... )0 5,198,800 ... )0 7,671,560 )0 6,080,000 ■ )0 32,967,000 ! Federa For return t< o . /2 ® 2 .52 31,7( 20,6f 29,6; 87,7E 217,0( 220,3( 263,9( 256,21 86,0( 35,4( 777,7( 662,4( 00 00 o cm” w o I OOOOOO' O F- O O 1Q O CM O CO O O CM 88iW cor~ cocoes ci OOOOOO oooooo 1Q co co OS o CM sWiS zTs's's's's' iQ CM 8 s' 1 fe ::::::::::::::: <§ ; : : : : : : : : : : i : : i gggggg slESgg gggggg gi'ffss roM-co'^cM' 37,297,650 I g Pa £ : ::::::::::::: : :::::::::::::: :3ggg gggggg gggggg g 1 5 o :::::::::::::: ig9gg gggggg sWsW gggggg i : i : : : : : : j : : : : : s gs H 1 •p & Bond secured.! 8888888S8888SS888S8 g 5 S £3 £ sfScf8 JfSfgfS' 888888 tfBpgg r-TcM^CM cm't-T 888888 §!§§§¥ r-Tcm"cm"cm" r-i" 22,835,072.50 z For destruction and reissue. gggSgSSgSSSggggSggg §§8¥’SS¥Os88Ws>= 18,673,300.00 19,093,747.50 18,049,117.50 17,763,255.00 18,885,032.50 12,510,710.00 ggggss £§!§§¥ oo 'oso ‘sjs ‘zsd Hi Pa gS§8®§gggl§§gg§g|g§ § 3 S £ §§¥S' IS gggggg CO CM CM