STATES FROM MARCH 4, 1789, TO JUNE 30, 1906, ETC.-Continued.

5, 152, 771, 550.43
a 4, 481, 666.24

5, 157, 253, 116.67

202, 917, 733.87
229, 915, 088.11
190,496, 354.95
164, 421, 607.15
157, 583, 827.58
153, 201, 856. 19

$77,395,090.30 $609,616, 141.68 $1, 906, 433, 351.37 $33,933, 657. 89 133,067, 624. 91 620,263, 249.10 1,139,344,081.95 165, 301, 654. 76

7,611,003.55, 502, 689, 519. 27 2,374,677, 103. 12 8,037,749, 176.38
a 2, 888. 48
a 100.31 a 4,481,555.03 a 4,484,555.03

7,611,003. 56 10,813,349.38 7,001,151.01 1,674,680.05, 15,996,555, 60 9,016, 791.74 6,958,266,76 5, 105, 919.99 1,395, 073.55

2,795, 320.42
1,061, 248.78

1867

1868

1869

1870

1871

1872

1873

180, 488, 636.90

8, 270, 842. 46

160, 817, 099. 73 198, 076, 537.09 158, 956, 082.87 183, 781, 985. 76 177,604, 116. 51 188, 019, 122. 15 134, 666, 001.85 159, 293, 673. 41 178, 833, 339.54 172, 804, 061.32 149, 909, 377.21 214, 887, 645.88 286,591, 453.88 386, 832, 588.65 231,940,064. 44

502,692, 407.75 2, 374, 677, 203. 43. 8,042, 233, 731.41|
143, 781, 591.91 765, 536, 980.11 1,093,079, 655, 27
140, 424, 045. 71 692, 549, 685.88
130,694, 242.80 261,912, 718.31
129, 235, 498. 00, 393, 254, 282. 13
125,576, 365, 93 399, 503, 670,65
117,357, 839.72 405, 007, 307,54
101, 750, 688. 41 233, 699, 352. 58
107, 119, 815. 21 422,065, 060, 23
103,093, 544.57 407, 377, 492. 48
100, 243, 271.23. 419, 345, 272.80
97, 124, 511.58 323,965, 421.05
102,500, 874.65 353,676, 911.90
105, 327,949.00 699,445, 809, 16
95,757, 575. 11, 432,590, 280.41
82, 508, 741. 18 165, 152, 335, 05
71, 077, 206. 79 271, 646, 299, 55)
59, 160, 131.25 590,083,829. 96
54,578, 378, 48 260, 520, 690, 50'
51,386, 256.47 211, 760, 353.43
59, 580, 115.97 205, 216, 709.36
47,741, 577.25 271,901,321.15
44,715,007, 47 219, 760, 258.05.
41, 001, 484. 29. 318,922, 412.35
36,099, 284.05. 312, 206, 367.50
37,547, 135.37 365, 352, 470.87
23,378, 116, 23; 338, 995, 958.98
27,261, 392. 18 359,530, 044. 50.
27,841, 405, 64 331,383, 272.95
30,978, 030.21 354, 276, 858.93
35,385, 028.93 396, 190, 023. 35
37, 791, 110.48 353, 180, 877.50,
37,585,056.23 384, 219, 542.00
39, 896, 925, 02 341, 149, 968. 98
40, 160, 333. 27 365, 582, 271.25
32, 342, 979. 04. 212, 620, 767.78
29, 108, 044.82
28,556,348,82
24,646, 489.81
21,590, 944. 10.
24,308,576.27|

1,069,859,970.71
581, 777, 996.11
702, 907, 842.88.
691, 680, 858,90
682, 525, 270. 21
524, 041, 597.91
721, 698, 933.99;
682, 000, 885,32
714, 416, 357, 89,
565, 299, 898. 91
590,641, 271.70
966, 393, 692. 69,
700, 233, 238. 19
425,865, 222.64 280,607,668, 37
529, 627, 739.12 275, 450, 903. 53
855, 491,967.50 374, 189, 081.98
501,616, 934.83 424,941, 403. 07
471,987, 288.54 521,794, 026, 26
417, 699, 847. 86 526, 848, 755, 46
539, 833, 501. 12 512,851, 434.36
517,685, 059. 18 659, 449, 099.94
618, 211, 390. 60. 673, 399, 118. 18
630, 247, 078,16 691,527, 403.76
731, 126, 376.22 726, 222, 332.60
684, 019, 289.56 778,604,339.28

74,006, 898.00 103,569, 394, 00 52, 181, 296. 75 12,680,671.30 55, 304, 111.80

773,007,998.99 738, 467, 555, 07 698,908, 552.78 763, 565, 510.75 710,472, 157.22 773, 610, 008. 76 748, 369, 469.43 846, 093, 349, 62 718, 955, 037.07 864,790, 237.71 827,588, 124.80 775,751,368, 11 946, 222, 148.83 867, 980, 559.46 886, 443, 117.77 1,059,336,349, 58 737, 237, 693. 88 1,128,762, 603. 23 559, 241, 146, 78 1,221,259,599, 66 620,575, 520, 86 1,310,006,031.20 635, 841, 196.07 1,328,972,020,53 579, 959, 584.75 1,316,579,270.63 625, 506, 390. 39 1,403,908,212. 91

16, 440, 591, 781. 93 201, 120, 209. 91 3, 145, 909, 551. 23 15,572,002,490. 50 35, 359, 624, 036. 57

warrants.

outstanding warrants are then added, and the statement is by warrants issued from that date.

REPORT ON THE FINANCES.

TABLE M.-STATEMENT OF THE COIN AND PAPER CIRCULATION OF
STATES FROM 1860 TO 1906, INCLUSIVE, WITH AMOUNT OF CIRCULATION PER
САРІТА.
THE UNITED

32,064,-000

13.98

32, 704,000

10.23

33, 365,000

17.84

34,046,000

19.67

34,748,000

20.57

35, 469,000

18.99

1867.

1868..

36, 211,000

18.28

1869..

36, 973, 000

18.39

37,756,000

17.60

675, 212, 794
715, 889, 005
738, 309, 549
751,881, 809
776, 083, 031
754, 101, 947
727, 609, 388
722, 314, 883
729, 132, 634
818,631, 793
973, 382, 228
1,114, 238, 119
1, 174, 290, 419
1, 230, 305, 696
1, 243, 925, 969
1, 292, 568, 615
1, 252, 700, 525
1, 317, 539, 143
1, 372, 170, 870
1, 380, 361, 649
1, 429, 251, 270
1, 497, 440, 707
1, 601, 347, 187
1,596, 701, 245
1, 660, 808, 708
1,601, 968, 473
1, 506, 434, 966
1, 640, 209, 519
1, 837, 859, 895
1,904, 071, 881
2, 055, 150, 998
2, 175, 307, 962
2, 249, 390, 551
2,367, 692, 169
2, 519, 142, 860
2, 587, 882, 653
2, 736, 646, 628

NOTE 1.-Specie payments were suspended from January 1, 1862, to January 1, 1879. During the greater part of that period gold and silver coins were not in circulation except on the Pacific coast, where, it is estimated, the specie circulation was generally about $25,000,000. This estimated amount is the only coin included in the above statement from 1862 to 1875, inclusive.

NOTE 2.-In 1876 subsidiary silver again came into use, and is included in this statement, beginning with that year.

NOTE 3.-The coinage of standard silver dollars began in 1878, under the act of February 28, 1878. NOTE 4.-Specie payments were resumed January 1, 1879, and all gold and silver coins, as well as gold and silver bullion in the Treasury, are included in this statement from and after that date. NOTE 5.-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.

NOTE 6.-This table represents the circulation of the United States as shown by the revised statements of the Treasury Department for June 30 of each of the years specified.

NOTE 7.-The details of the foregoing table, showing the amount of each kind of money in circulation each year since 1860, are omitted; but they may be had upon application to the Secretary of the Treasury, Division of Loans and Currency, where a circular covering information on the subject has been prepared for distribution.

38, 558, 371

17.51

39,555,000

18.10

40, 596,000
41,677,000

18.19

18.04

42,796,000

18.13

43,951,000

17.16

45, 137,000

16.12

46, 353, 000

15.58

47, 598,000

15.32

48,866,000

16.75

50, 155, 783

19.41

51,316,000

21.71

52,495,000

22.37

53, 693,000 54, 911,000 56, 148,000 57,404,000 58, 680,000 59, 974, 000 61,289,000

22.91

22.65

23.02

21.82

22.45

22.88

22.52

62, 622, 250

22.82

63,947,000

23.42

65, 191, 000 66, 456,000 67,740,000 69,043,000 70, 365, 000 71, 704,000 73,060,000 74,433,000

24.56

24.03

24.52

23.20

21.41

22.87

25.15

25.58

76, 295, 220

26.94

77,754,000

27.98

79, 117, 000 81,867,000 80,487,000

28.43

29.42

30.77

31.08

TABLE N.-STATEMENT OF UNITED STATES BONDS AND OTHER OBLIGATIONS RECEIVED AND ISSUED BY THE OFFICE OF THE SECRETARY OF THE TREASURY FROM NOVEMBER 1, 1905, TO OCTOBER 31, 1906.

Title of loan.

Five-twenties of 1862 (act Feb. 25, 1862)..
Five-twenties of 1865, consols of 1865 (act Mar.
3, 1865)....

Five-twenties of 1865, consols of 1867 (act Mar.

3, 1865)....

Five-twenties of 1865, consols of 1868 (act Mar. 3, 1865)..

Funded loan of 1891, 41 per cent (acts July 14,

1870, and Jan. 20, 1871).

Funded loan of 1891, continued at 2 per cent...
Loan of 1904, 5 per cent (act Jan. 14, 1875)
Gold certificates, series of 1888 (act July 12,
1882)

Gold certificates, series of 1900 (act Mar. 11,
1900)

Consols of 1930, 2 per cent (act Mar. 14, 1900).
Loan of 1908-18, 3 per cent (act June 13, 1898)..
Funded loan of 1907, 4 per cent (acts July 14,

1870, and Jan. 20, 1871).

Loan of 1925, 4 per cent (act Jan. 14, 1875) Panama Canal loan, 2 per cent (act June 28, 1902.....