APPENDIX II. No. 1.-TREASURY STATEMENT OF MONEY IN CIRCULATION JANUARY 1, 1898. Population of the United States January 1, 1898, estimated at 73,725,000: circulation per capita $23.34. Total.... 347,681,016 106,348,280 229,014,640 38,128,149 387,925,504 1,109,097,589 Unknown, destroyed 1,000,000 1,000,000 Net..... 346,681,016 106,348,280 229,014,640 38,128,149 387,925,504 1,108,097,589 No. 3. ESTIMATED AMOUNT OF MONEY IN ACTUAL CIRCULATION* IN THE UNITED STATES AT THE CLOSE OF EACH FISCAL YEAR FROM 1860 TO 1897 INCLUSIVE.S 110,505,362 $ 15,279,820 $ 1,209,251 $ 7,080 53,918,322 320.905,895 1880 225,695,779 20,110,557 414,480 5,789,569 61,346,584 301,644,112 48,511,788 327,895,457 1881 315,312,877 46,839,364 328,126,924 1882 358,251,325 1883 344,653,495 1884 340,624,203 1885 341,668,411 1886 358,219,575 1887 376,540,681 1888 1889 54,506,090 46,379.949 325,255,427 72,620,686 46,474,299 323.242.177 96,427,011 45,660,808 318,687,214 101,530,946 43,702,921 331,218,637 88,116,225 46,173,990 323,812,699 142,118,017 48,583,865 326,667,219 7,963,900 5,759,520 5,029,020 32,403,820 59,807,370 35,651,450 71,146,640 40,690,200 126,729,730 39,086,969 76,044.375 52,668,623 91,225,437 55,548,721 391,114,033 121,094,650 55,527,396 200,759,657 50,362,314 308,000,040 376,481,568 117,130,229 54,457,299 257,155,565 51,477,164 316,439,191 1890 374,258,923 130,830,859 56,278,749 297.556,238 54,032,587 334,688,977 1891 407,319,163 120,063,069 58,826,179 307,235,966 58,219,220 343,207,360 56,817,462 326,693,465 63,293,704 339,399.904 92,642,189 56.929,673 326,823,848 65,469,866 330,774,426 66,339,849 52,564,662 326,990,736 58,510.957 325,524,602 48,381,309 51,986,043 319,622,941 60,350,014 319,093.985 42,198,119 52,116,904 330,657,191 60,204,451 256,139,868 37,285,339 51,940,281 357,849,312 59,616,409 306,914,622 1892 408,568,824 141,093,619 1893 408,535,663 1894 495,976,730 1895 479,637,961 1896 454,905,064 1897 517,589,688 *Not including money in the treasury. Includes all specie estimated to be in circulation-silver as well as gold. Including notes represented in circulation by currency certificates. §" These tables have been compiled from the records of the department which were made on or about the dates specified. They include everything properly belonging in a statement relative to circulation, except minor coins, which are not stated, because it is difficult to estimate accurately the amount in use. The figures agree with the reports published from year to year, and an estimate has been added of the amount of specie in circulation on the Pacific coast during the period of suspension of specie payments (1862 to 1878 inclusive). It will be observed that no attempt has been made in the table for 1862 to estimate the quantity of the nondescript currency of postage stamps, tickets, due bills, etc., which served as small change during the period subsequent to the disappearance of subsidiary silver and prior to the issue of the postal currency and fractional currency authorized by the acts of July 17, 1862, and March 3, 1863. Also that the one and two-year notes of 1863 and compound-interest notes supposed by many persons to have been in circulation are not included in any of the tables. The small quantities of these classes of interestbearing obligations which were in circulation as money for a few months when first issued had been absorbed as investment securities and withdrawn from circulation before July 1, 1865, which is the date commonly selected for comparison with the present time as to money in circulation. The seven-thirty notes are also excluded from the table. They were not used as money, nor paid out as such by the treas 548 |