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) | 1,124,157,697 | 249,046,644 | 626,824,954 |
Gold certificates | | | 248,286,099 |
Standard silver dollars | 512,536,160 | 13,029,880 | 72,299,960 |
Silver certificates | | | 427,206,320 |
Subsidiary silver | 89,869,906 | 9,016,799 | 80,853,107 |
Treasury notes of 1890 | 53,881,000 | 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.
Denomination | U. S. Notes.* | Treasury notes of 1890. | National Bank Notes. | Gold Certificates. | Silver Certificates. | Total. |
| Dollars. | Dollars. | Dollars. | Dollars. | Dollars. | Dollar. |
One dollar | 2,058,642 | 2,713,304 | 347,550 | | 57,420,164 | 62,539,660 |
Two dollars | 1,716,544 | 2,514,816 | 167,052 | | 34,791,068 | 39,189,480 |
Five dollars | 57,431,662 | 19,041,730 | 65,583,580 | | 160,184,312 | 302,241,284 |
Ten dollars | 121,576,581 | 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 dollars | 41,134,000 | 897,000 | 26,000 | 32,077,500 | 388,000 | 74,522,500 |
Five thousand dollars | 10,000 | | | 28,995,000 | | 29,005,000 |
Ten thousand dollars | 10,000 | | | 82,830,000 | | 82,840,000 |
Fractional parts | | | 33,703 | | | 33,703 |
Total | 347,681,016 | 53,881,000 | 350,101,405 | 276,704,989 | 431,841,000 | 1,460,209,410 |
Unknown, destroyed | 1,000,000 | | | | | 1,000,000 |
Net | 346,681,016 | 53,881,000 | 350,101,405 | 276,704,989 | 431,841,000 | 1,459,209,410 |
See
coinage, United States;
currency, National;
Monetary reform.