BULLION VALUE OF 371% GRAINS OF PURE SILVER AT THE ANNUAL AVERAGE PRICE OF SILVER. SOURCES OF GOLD AND SILVER PRODUCT OF THE UNITED STATES. The following table, compiled from reports made by the mint officers and agents, as to the sources of production for the calendar year 1904, shows the distribution among the various gold and silver producing States and Territories of the amount of gold and silver extracted from quartz, the amount of gold obtained from placer, and the amount of silver obtained from lead ores and copper ores as by-product. SOURCE. Quartz mills.. 59.547 79,369 Total... 3,245,097 647,383 15,113,401 26,973,843 15,595,556 RATIO OF SOURCES OF SILVER PRODUCT OF THE UNITED STATES. 1899. 46.8 Copper bullion Per cent. Per cent. Per cent. Per cent. Per cent. Lead bullion... 51.1 MONETARY STATISTICS-Continued. PRODUCT OF GOLD AND SILVER FROM MINES IN THE UNITED STATES, 1865-1905. PRODUCTION OF THE PRECIOUS METALS SINCE THE DISCOVERY OF AMERICA. Gold. $107,931,000 Silver-Coining Value. Ratio. $54,703,000 10.75 1891. 204,697,000 297,226,000 11.30 1892. 189,012,000 597,244,000 11.80 1893. YEARS. Silver-Coining Value. YEARS. 1492-1520.. 1521-1560.. Gold. $130,650,000 146,298,000 Ratio. 177,352,000 20.92 198,014,400 23.72 1561-1600.. 1,298,820,000 19.76 WORLD'S CONSUMPTION OF GOLD AND SILVER IN THE ARTS (Latest Report) 1901. coin unless gold re- Denominations $10,000, $5,000, dollars coined. National Bank further issues; Unlimited by law, ex diminishing by re- cept by volume of U.S. bonds necessary to deposit as security. $100, $50, $20, $10, $1,000, $500,$100, $50, $1,000, $100, $50, $1,000, $500, $100, $50, $5, $2, $1. Not a tender. $20, $10, $5. For all debts, public $20, $10, $5, $2, $20, $10, $5. $1. Unlimited, unless Not a tender. tracted. For all public dues. For all dues except cus toms. Receivable.... For all public dues. For all public dues. Exchangeable.. For subsidiary and For silver and minor For subsidiary and For silver and minor For subsidiary silver minor coin. minor coin. and minor coin. Redeemable... In gold coin at the In silver dollars at In coin at the Treas-In coin at the Treas-In "lawful money " at Treasury. the Treasury, or at bank of issue. "Lawful money" includes gold coin, silver dollars, United States notes, and Treasury notes. United States notes are by regulation receivable for customs so long as they continue redeemable in coin. There are still in use small amounts of $1 and $2 United States and national bank notes, also $500 and $1,000 silver certificates. Treasury notes were issued for purchases of silver bullion, which is being coined into dollars wherewith the notes are being redeemed as rapidly as practicable. The issue of national bank notes is practically dependent upon the market price of United States bonds; when the premium is high it is not profitable to issue notes. The above table was prepared for THE WORLD ALMANAC by Maurice L. Muhleman, former Deputy Assistant United States Treasurer, New York. COINAGE OF THE MINTS OF THE UNITED STATES FROM THEIR ORGANIZATION, 1792, TO DECEMBER 31, 1905. Silver-dollar coinage under acts of April 2, 1792, $8,031,238; February 28, 1878, $378,166,793; Jury 14, 1890, $36,087,285; June 12, 1898, $42,139,872; June 13, 1898, $108,800,188; March 3, 1891, $5,078,472; total, $579,085,260. 1,438,643,495 2,007,720.00 14,486,434.97 7,985,222 2,394,011,828 39,926.11 $44,517,489.93 4,412,018,501 $3,642,410,154.28 Banking Statistics. THE NATIONAL BANKS OF THE UNITED STATES. Year Ending Sept. 1. No. of Capital. 1880.. 2,072 $454,215,062 1890.. 3,353 625,089, 645 1891.. 3,577 660, 108, 261 1892.. 3,701 679,076,650 1893. 3,759 684,342, 024 1894.. 3,755 672,951, 450 1895.. 3,716 660,287,065 1896.. 3, 682 652,725,750 1897.. 3,620 638,173, 895 1898.. 3,581 615,818,725 1899.. 3,561 608,674, 895 1900.. 3,604 608,754,600 190 3.969 635,511, 286 190.. 4,269 673,763,767 1903.. 4,700 722,797,806 1904.. 5,134 761,682,495 1905. 5.55 776.175,576 1906.. 6,137) 839,934,775 8.02 8.19 7.70 7.42 7.25 5.33 7.38 $120,145,649.00 $36,111,473.00 $45, 186, 034,00 8.95 6.18 The circulation outstanding September 1, 1906, was $517,964,511; individual deposits, $4,199,938,310; principal resources, loans and discounts, $4,298,983,316 United States bonds on deposit to secure circulation, $524,036,980. United States bonds on hand and with the Treasurer to secure public deposits, $109,850,438. Specie, $464,437,290; legal tender notes, $161,575,120; aggregate resources, $8,016,021,066. For complete returns see page 15 of the ALMANAC. RESOURCES AND LIABILITIES OF STATE BANKS, LOAN AND TRUST COMPANIES, SAVINGS AND PRIVATE BANKS, 1906. STATEMENT SHOWING THE AMOUNTS OF GOLD AND SILVER COINS AND CERTIFICATES, UNITED STATES NOTES, AND NATIONAL BANK NOTES IN CIRCULATION OCTOBER 1, 1906. Gold Coin(including bullion in Treas' y) $1,539,840,778 $273,831,835 Amount in Circula-Amount in Circula- 541,857,929 81,662,707 474,338,310 116,001,510 6,998,562 242,858, 598 8,764,858 336.338,926 500, 250, 319 $3,148, 732, 552 $336,598,858 $2,812.133, 694 $2,624,230,391 Population of the United States October 1, 1906, estimated at 85,014,000; circulation per capita. $33.08. *For redemption of outstanding certificates an exact equivalent in amount of the appropriate kinds of money is held in the Treasury, and is not included in the account of money held as assets of the Government. This statement of money held in the Treasury as assets of the Government does not include deposits of public money in National Bank depositaries to the credit of the Treasurer of the United States, amounting to $124,088,475.42, For a full statement of assets see Public Debt Statement, BANKING STATISTICS-Continued. CAPITAL, SPECIE, CIRCULATION, ETC., OF THE PRINCIPAL FOREIGN BANKS, JUNE 30, 1905. [Expressed in Millions of Dollars.] Includes bullion, &c. *Statement of European Banks from "Bulletin De Statistique" July, 1905, except deposits and advances of bonds of Scotland and Ireland, and the capital stock of the various banks. † Cash money at call and short notice. § Figures for 1904. Includes paper currency. TRANSACTIONS OF THE NEW YORK CLEARING-HOUSE. CLEARING HOUSE AT 1906. 8,149,377,513 7,469,812,036 10,873,546, 251 9,821,718,562 7,553,273,999 6,766,147,857 2,934,576,620 2.907, 886. 282 1,875.314,042 1,753.010,570 1,432,070,248 1905. EXCHANGES OF CLEARING-HOUSES OF UNITED STATES CITIES. 1903. New York...$103,754,100,091 $91,879,318,369 $59,672,796,804 $70,833, 655,940 $74,753,189, 436 1904. St. Louis. San Franc' co Pittsburgh... Louisville... 2,630,996, 408 1,249,411,909 640,362,310 594,392,208 812,973,376 754,739.346 Other cities. 12,005, 495, 101 10,083,082,176 Total.... 157,749,328,913 140.501,841, 957 102, 150.313, 982 114,068,837,569 116,021,618,003 Clearing-House returns prepared for THE WORLD ALMANAC by Assistant Manager W. J. Gilpin, of New York Clearing-House, 2,682,218,323 1902. 2,465,057,926 2,517,556,942 1,513,511, 886 1,310,956,178 1,169,531,519 1,195,978,925 2,381,454.231 2,113,602,538 1,153,865, 500 1,043,330,300 1,046,312,379 963,936,322 853,077,687 663,918, 045 731,558,965 711,326,700 523,569,677 529,260,638 |