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Money and Credit (Following table shows)

The following table shows the amount of gold and silver coin and bullion; gold, silver, and currency certificates; United States notes, and national and State bank notes in the United States, in the Treasury, in national banks, and in circulation through other banks, in the years ending June 30, 1880, 1885, 1890, and 1890:- J Dollars.

Dollars.

Dollars.

Dollars.

Gold, estimated, including bullion,. 351,841,206 588,697,036 695,563,029 646,582,852 Gold certificates, 8,004,600 140,323,140 157,562,979 152,486,429 Silver certificates, 12,374,270 139,901,646 301,539,751 314,715,185 Silver dollars, including bullion, 69,660,408 208,538,967 380,083,304 438,753,502 Subsidiary silver, estimated, 72,862,270 74,939,820 76 825,305 77 848,700 National bank notes,. 344,505,427 318,576,711 185,970,775 167 927,974 Legal-tender notes, 346,681,016 ،، certificates, 14,595,000 29,785,000 346,681,016 12,390,000 346,681,016 23,780,000 Treasury notes of 1890, 50,228,417 1,220,524,197 Grand total, Coinage, 1886-91, in dollars :- 1,847,443,336 2,156,616,159 2,219,004,075 --- 1886. 1887. 1888. 1889. 1890. 1891.

Gold, Silver, 28,945,542 23,972,383 28,364,170 25,543,910 22,021,748 24,172,202 32,086,709 35,191,081 34,136,095 34,515,546 36,815,837 38,272,020 Minor, 343,186 1,215,686 1,218,977 906,473 1,416,852 1,166,936 Total, 61,375,438 60,379,150 63,917,242 60,965,929 60,254,437 63,611,158 The following table shows the aggregate resources and liabilities of the national banks, 3,677 in number, on September 25, 1891:- Resources.

Dollars.

Liabilities.

Dollars.

Loans.. 2,005,500,000 Capital stock,.

Bonds.. 300,100,000 Surplus fund,.. 677,400,000 227,600,000 Due from other banks, 338,700,000 Undivided profits, ... 103,300,000 Real estate, etc......... 83,300,000 Circulation, 131,400,000 Specie..... 183,500,000 Due to depositors, . .. 1,608,600,000 Legal tender notes, Due to other banks,..

U. S. certificates, etc. 113,300,000 Other liabilities, ..... 430,600,000 34,200,000 National Bank notes... 20,000,000 Clearing house exchanges Other resources....... 122,000,000 46,700,000 Total, 3,213,100,000 On March 1, 1889, the amount of public money held by national bank depositories was $48,818,992; on November 1, 1890, it had been reduced to $29,937,- 688, held by 204 banks.

In 1889-90 the savings banks had 4,258,623 despositors, with deposits amounting to $1,524,844,506, showing an average of $358 to each depositor.