MONETARY STATISTICS. (Compiled from the Report of the Director of the Mint.) MONETARY SYSTEMS AND APPROXIMATE STOCKS OF MONEY IN THE AGGREGATE AND PER CAPITA IN THE PRINCIPAL COUNTRIES OF THE WORLD JAN. 1, 1912. United States.... Austria-Hungary British Empire: South Africa.. Bulgaria..... Cuba...... Denmark... Egypt... 94,800,000 $1,799,600,000 $568,300,000 $167,600,000 $725,900,000 $764,500,000 $18.98 $7.76 $8.07 $34.81 2,100,000 42,000,000 38,300,000 11,300,000 182,700,000 122,900,000 2,400,000 11,100,000 197,600,000 7.21 2.49 4.00 13.70 139,000,000 5.00 1.52 19.04 25.56 10,000,000 7,700,000 7,700,000 79,100,000 92.29 116,800,000 116,800,000 115,200,000 15.80 45,000,000 20,000,000 63,700,000 500,000 411,100,000 Gerinany 64,900,000 $205,700,000) 17,300,000 14.19 6,600,000 16.17 1.26 14,900,000 3.66 .17 245,900,000 30,53 10.16 276,100,000 216 3.00 2.92 6.41 2.52 .58 18.01 5.13 8.96 Greece.. 2,600,000 4,400,000 8,000,000 8,000,000 Hayti... 1,500,000 3.400,000 1,000,000 1,500,000 2,500,000 Italy 24,100,000 27,600,000 1.69 1.15 8,200,000 2.26 1.67 5.47 9.40 182,300,000 8.51 .71 5.38 14.60 10.62 13.46 Japan 52,200,000 133,900.000 64,200,000 64,200,000 101,700,000 2.57 1.23 1.95 5.55 Mexicd 15,000,000 31,200,000 52,000,000 51,200,000 2.08 3.73 3.41 9.22 10.97 28.70 1.54 3.62 13.83 Portugal... 5,400,000 14,500,000 33,100,000 12,600,000 12,600,000 Russia... 160,100,000 78,800,000 Servia... Siain.... 7,000,000 100,000 52,200,00 Spain ..... 256,500,000 1,300,000 52,200,000 256,800,000 Sweden..... 5,400,000 26,000,000 8,600,000 $,600,000 34,700,000 4.81 1.59 6.4 27,900,000 19.9: 4.09 8.45 32.45 5.9 1.0 7.03 89,900,000 26 1.74 16.96 18.96 12.3 Total........ 1,040,600,000 $7,074,100,000 $1,097,500,000 $1,5:3,700,000 $2,621,200,000 $3,567,500,000 Inclusive of South American States. Brazil, stock of go d, $116,500,000; silver, $25,000,000. Argentina, gold, $218,200,000; silver, $3,400,000. Chile, gold, $500,000; silver, $8,500.00), Peru, gold, $1,200.000. Uruguay, gold, 15,200,000; silver, $4,300,000. † Amount in the currency reserves. German war fuud and Imperial Bank of Germany. WORLD'S PRODUCTION OF GOLD AND SILVER FOR THE CALENDAR YEAR, 1912. 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 United States Geological Survey as to the sources of production for the calendar year 1912, shows the distribution among the various gold and silver producing States and Territories of the amount of gold and silver extracted. Nevada... 639,737 11,206 18,140.151 752,226, 10, 55.055 Total... 3,351,937 1,055,567 173.545 570,865 26,527,891 20,985,651 18,521,843 | || PRODUCTION OF GOLD AND SILVER IN UNITED STATES IN CALENDAR YEAR 1913. STATES AND Fine TERRITORIES, Ounces. $106 North Carolina Maryland. 39 700 Utah. Michigan 333, 00 201,600 Virginia... Missouri.... Montana Nevada.... New Mexico...! 23,500 Washington... 7,575.300 Wyoming... 871 11 172,711 11 31,806 847 7,700 109.00 63,500 11,977,400 15,657,400 9,457,100 1,66,900 1,006,800 Total................. 4,299,784 $88,884,400 66,801,500 $40,348,100 The production of gold was less by $4,500,000 than in 1912, and of silver nearly 3,500,000 ounces greater. RATIO OF SOURCES OF SILVER PRODUCT OF THE UNITED STATES. MONETARY STATISTICS-Continued. PRODUCT OF GOLD AND SILVER FROM MINES IN THE UNITED STATES, 1901-1913. For production in years 1492 and subsequent thereto, see 1913 ALMANAC, page 268. 137,883,800 Silver. 88,884,400 40,348, 100 SILVER. YRS. Fine Ounces., Com. Value. 212,149,023 $110,364,400 221,715,763| 119,727,000 226,192,923 122,143,800 Gold(value). Silver. Austria-Hungary.. 5,000,000 2,000,000 Russia (including Finland). Total.. 3 500,000 Belgium and Netherlands.. 3,000,000 1,500,000 Egypt and Asia.. Gold(value). Fine Ounces. $1,800,000 1,000,000 2,000,000 900,000 2,500,000 900,000 1,000,000 1.000,000 Grand total....... $174,100,000 HOLDINGS OF STOCK EXCHANGE SECURITIES. (From M. Neymarck's Report ) AT present Great Britain, Germany, and France hold more than 330 milliard franes (franc-19.3 cents; hence this sum = $63,690,000,000) of paper securities out of the 570 to 600 milliards ($110,010,000,000 to $115,800,000,000) which belong to the various nations inhabiting the various countries of the globe. These 330 milliards taken at 4 per cent, bring them in a minimum interest of 13,200,000,000 francs ($2,509,000,000). On their markets more than 600 milliards are negotiable of the 815 milliards of the negotiable securities quoted in the different markets of the world. The following table shows the holdings of the Stock Exchange securities held by the peoples of the leading countries of the world: $25,090,000,000 to $26,055,000,000 $27,020,000,000 to $27,406,000,000 22,195,000,000 to 23,160,000,000 25,090,000,000 to 25,476,000,000 19,879,000,000 to 20,265,000,000 20,458 000,000 to 21,230 000,000 15,440,000,000 to 16,405,000,000 17,370,000,000 to 18,335,000,000 5,211,000,000 5,597,000,000 to 4,825,000,000 to 4,053,000,000 to 4,246,000,000 1,930,000,000 to 2,316,000,000 1,158,000,000 to 1,351,000,000 6,369,000,000 to 7,334,000,000| 5,983,000,000 4,439,000,000 to 4,632,000,000 2,509,000,000 to 2,702,000,000 1,737,000,000 to 2,316,000,000 6,755,000,000 to 7,720,000,000 100,939,000,000 to 106,3 :3,000,000|110,975,000,000 to 115,800,000,000 Taking the highest figures, the wealth of the world expressed in Stock Exchange securities alone would thus amount to the huge figure of $115,800,000,000, in which the share of the United States would be $25,476,000,000. NATIONAL ASSOCIATION OF CREDIT MEN. The National Association of Credit Men has for its object the improving and safeguarding of the conditions under which credit is extended through the co-operation of its 18.300 members. It alms to secure the enactment of laws beneficial to the honest debtor and creditor. It strives for better mercantile agency service, the prevention of commercial fraud, the bettering of credit department methods, the dissemination of literature of general interest to credit men and the education of his customers in the use of the financial statement, observance of discount terms, etc. The work is done through a number of standing committees appointed by the national organization, who work with the co-operation of similar committees appointed by one hundred and five affiliated branches. A number of the local branches operate bureaus for the exchange of credit Information between their members, and bureaus for the friendly adjustment of insolvent estates. President-Charles E. Meek, New York, N. Y. First Vice-President-H. G. Moore, Kangas City, Mo. Second Vice-President-H. E. Choate, Atlanta, Ga. Secretary-Treasurer-J. H. Tregoe, 41 Park Row, New York, N. Y. MONETARY STATISTICS-Continued. COINAGE OF THE MINTS OF THE UNITED STATES FROM THEIR ORGANIZATION, 1792, Silver-dollar coiunge under acts of April 2, 1792, $5,031,238: February 28, 1878, $378,166,793; July 14, 1890, $187,027,343; March 3, 1891, $5,078,472-Lotal, $578,803,848.00. PRESENT MONETARY SYSTEM OF THE UNITED STATES ILLUSTRATED. age discontinued, act of Feb- Total minor......... 7,9-5,922 coin. $20, $10, 85, 82, 81. For all debts, public and private, except customs and interest on public debt. For all public dues. 1890. Notes. further issues; Not to exceed capital volume steadily of banks.* diminishing by re demption in silver dollars. |81,000, $500, $100, $1,000, $500, $100, 850, Unlimited, unless Not a tender. tracted. For all public dues. For all public dues ex coin. cept customs. Exchangeable.. For subsidiary and For silver and minor For subsidiary and For silver and minor For subsidiary silver miner coin. minor coin. and minor coin. Redeemable... In gold coin at the In silver dollars at In gold at the Treas. In gold 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 42 national bank notes; also $500 and $1,000 silver certificates. Treasury notes were issued for purchases of silver bullion, which was 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 prontable to issue notes. Emergency" issues based upon other bonds and upon commercial paper are authorized under certain conditions beyond the amount of the capital, under act of May, 1908. expiring May, 1914. The above table was revised for THE WORLD ALMANAC by the Director of the Mint. 7.17 5.15 5.82 7.67 5.45 6.34 7.88 5.58 10.14 9.05 5.72 8.15 6.99 10.12 8.79 5.91 10.21 1898 3,581 $615,818,725 $244, 281, 879.00 $44,291,971.00 $50,032,972,00 *To July 1; abstract period changed. 11.14 7.30 The circulation outstanding June 4, 1913, was $722,125,024; individual deposits, 85,953,461,551; postal savings deposits, $18,661,875; due to banks, $2,120,551,571; U. S. deposits, $49,725,039. Resources as follows: Loans and discounts, $6,162,034,484; bonds, securities, etc., $1,889,688,782; banking house, furniture and fixtures, $248,888,953; other real estate owned, $31,332,948; due from banks, $1,396,188,261; checks and other cash items, $37,092,245; exchanges for Clearing House, $257,560,492; cash on hand, $969,101,931; all other resources, $45,031,856; total resources, $11,036,919,757. RESOURCES AND LIABILITIES OF STATE, SAVINGS, PRIVATE BANKS AND LOAN AND TRUST COMPANIES, JUNE 30, 1914. $4,353,663,536 $4,252,989,474 $1,196,474,090 $5.489,531,037 $15,489,207,260 + Including 1,064 private banks with resources as follows: Loans and discounts, $125,172.879; bonds, securities, etc., $16,264,591; banking house, furniture and fixtures, $6,749,660; other real estate owned, $9,546,536: due from banks, $26,790.024; checks and other cash items, $1,787.484; cash on hand, $7,294,550; all other resources, $2,943,394; total resources, $196,549,120. Liabilities: Capital stock paid in. $21,101.746; surplus fund, $11.430,958; undivided profits. $3,147.609; dividends unpaid, $58,257; due to banks, $2,545,436; deposits (individual), $145,848,284; bills payable, $3,764,107: postal savings deposits, $65,950; notes and bills rediscounted, $621,474; other liabliltles, $7,965,292; total liabilities, $196,549,120. Including overdrafts. |
