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Circulation, Monetary

The estimated population of the United States on April 1, 1901, was 77,427,000, and the amount of money in circulation was equal to $28.25 for every man, woman, and child in the country. The following table shows the amount of gold and silver coin and certificates, United States notes, and national bank notes in circulation and in the treasury on that date: [159]

Amount of currency in circulation and in treasury, April 1, 1901.

Kind of money.General stock of money in the United States.Held in treasury as assets of government.Money in circulation.
April 1, 1901.April 1, 1901. April 1, 1901.
Dollars. Dollars. Dollars.
Gold coin (including bullion in Treasury)1,124,157,697249,046,644626,824,954
Gold certificates248,286,099
Standard silver dollars 512,536,160 13,029,880 72,299,960
Silver certificates427,206,320
Subsidiary silver89,869,906 9,016,799 80,853,107
Treasury notes of 189053,881,000 152,768 53,728,232
United States notes 346,681,016 9,791,535 336,889,481
Currency certificates, act of June 8, 1872
National bank notes 350,101,406 8,945,979 341,155,427
Total 2,477,227,185 289,983,605 2,187,243,580

Table showing the amount of paper currency of each denomination outstanding on March 30, 1901.

DenominationU. S. Notes.*Treasury notes of 1890.National Bank Notes. Gold Certificates.Silver Certificates. Total.
Dollars. Dollars. Dollars.Dollars.Dollars.Dollar.
One dollar2,058,642 2,713,304 347,550 57,420,164 62,539,660
Two dollars1,716,5442,514,816 167,052 34,791,068 39,189,480
Five dollars57,431,662 19,041,730 65,583,580160,184,312 302,241,284
Ten dollars121,576,581 20,892,670 135,529,620 116,348,591 394,347,462
Twenty dollars 74,296,812 6,737,330 97,688,800 78,253,484 49,784,810 306,761,236
Fifty dollars 12,970,775 94,450 16,669,500 20,178,305 9,830,635 59,743,665
One hundred dollars 23,869,250 989,700 33,953,100 23,670,200 3,003,420 85,485,670
Five hundred dollars 12,606,750 102,500 10,700,500 90,000 23,499,750
One thousand dollars41,134,000 897,000 26,000 32,077,500 388,000 74,522,500
Five thousand dollars10,000 28,995,000 29,005,000
Ten thousand dollars 10,000 82,830,000 82,840,000
Fractional parts 33,70333,703
Total 347,681,01653,881,000 350,101,405 276,704,989 431,841,0001,460,209,410
Unknown, destroyed 1,000,0001,000,000
Net 346,681,016 53,881,000 350,101,405 276,704,989431,841,0001,459,209,410

See coinage, United States; currency, National; Monetary reform.

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