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Title of Loan.

Received for conversion, transfer, and

Issued.

Received for
redemption.

Total transaction

Various rates of interest-
Concluded.
Issue of

Nov. 15, 1920,

due May 16, 1921.. Dec. 15, 1920,

due June 15, 1921.Dec. 15, 1920,

due Dec. 15, 1921.. Jan. 15, 1921,

due Apr. 15, 1921.. Jan. 15, 1921,

due Oct. 15, 1921.. Feb. 15, 1921,

due July 15, 1921.Mar. 15, 1921,

due Sept. 15, 1921.Mar. 15, 1921,

due Mar. 15, 1922Apr. 15, 1921,

due Oct. 15, 1921.. May 16, 1921,

due Feb. 16, 1922.June 15, 1921,

due June 15, 1922.. Pittman Act, 2 per cent, 1

year from date of issue. Specials, due various..

$ 10,000 00 $ 220,981,000 00 $ 232,134,0001 00 $ 463,125,000 00

5,000 00 186,518,000 00 188, 128,000 CO 374,651,000 00 21,000 OG

12,000,000 00 401,578,500 00 413,599,500 00 118,581,000 00 118,660,000 00 237,244,000 00

192,026,500 OC 192,026,500 00 5,000 00 4,000,000 00 132,891,500 00 136,896,500 00 31,000 00

193,333,000 00 193,364,000 00 12,000 00

288,613,000 00 288,525,0CO 00 1,000 00

190,512,500 00 190,513,500 UN 115,000 00

256, 285,000 00 276,400,000 CO 1,000 OG

314,185,000 00 314,186,009 OU 187,338,000 00 43,500,000 00 187,338,000 00 418,176,000 00

5,038,500,000 00 5,047,354, 450 00 10,085,81,450 00 $245,575,070 00 $8,552,368,080 00 $8,732,718,900 00 $17,5 0,602,060 W

Total

LIBERTY LOANS.

First Liberty loan:
Interim certificates, full.

paid 3} per cent..
Fir:t Liberty loan 312
per cent bonds of 1932-
1947, act of Apr. 24,

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1911,

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First Liberty loan converted

per cent bonds of 1932.147. act as amended Sept. 24, 1917 First Liberty loan converted 41 per

cent bonds of 1932-1947, act as amended Sept. 24, 1917 First Liberty loan gec

ond converted 11 per Cent bonds of 13321947, act of Sept. 21,

1917, as amended Second Liberty loan:

Second Liberty loan 4
per cent bonds of 1927-
1942, act of Sept. 24,
1917
Second Liberty loun

converted 41 per cent i
hond of 1927-1312, act
of Sept. 24, 1917, as

amended Third Liberty loan:

Third Liberty loan 41

per cent honds of
1928, act of Sept. 24,

1917, as amended Fourth Liberty loan:

Fourth Liberty loan 43

nor cent bonds of
1933-1938, act of Sept.
24, 1917, AS amended

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Title of Loan.

Is ued.

Received for

conversion, transfer, and

exchange

Received for
redeinption.

Total transaction.

$ 558,302,750 00 $ 277,595, 450 00 $ 681,250,550 00 $1,517,148,750 00

LIBERTY LOANS-Con't. Victory Liberty loan:

Victory Liberty loan

notes 43 per cent, act of Sept. 24, 1917, as amended Victory Liberty loan notes, 37 per cent, act of Sept. 24, 1917, as

amended Treasury notes:

Series A-1924, 57 per

cent, act of Sept. 24,

1917, as amended... Soldiers' and sailors' civil

relief bonds, 31 per cent, act of Mar. 8, 1918..

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1 Includes reimbursements to cash agents for unsold securities returner!. : Does not include transactions hy Post Office Department during 1920 and 1921. i netudes repayments to a crait of Treasurer of the United States for redeemed securities.

POPULATION, ORDINARY AND PER CAPITA REVENUE AND EXPENDITURES OF THE UNITED STATES, 1837 TO 1921.

POPULATION, ORDINARY RECEIPTS AND DISBURSEMENTS OF THE GOVERNMENT FROM

1887 to 1921, EXCLUSIVE OF POSTAL, AND PER CAPITA ON RECEIPTS AND PER CAPITA ON DISBURSEMENTS.

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15,655,000 16,112,000 16,584,000 17,069,453 17,591,000 18,132,000 18,694,000 19,276,000 19,878,000 20,500,000 21,143,000 21,805,000 22,489.000 23,191,876 23,995,000 24,802,000 25,615,000 26,433,600 27,256,000 28,083,000 28,916,000 29,753,000 30,596,000 31,443,321 32,064,000 32,704,000 33,365,000 34,046,000 34,748,000 35,469,000 36,211,000 36,973,000 37,756,000 38,558,371 39.555,000 40,596,000 41,677,000 42,796,000 43,951.000 45,137,000 46,353,000 47,598.000 48.86.000 50,155,783 51.316.000 52,495,000 53,6x3,000 54.911,000 53,148.000 57,404,000 58,690.no 59,974,000 61,289,000 62.622,250 63.947.000 65.191.000

$24,454,153 (0
26,502,562 00
31,482,750 00
19,480,115 00)
16,860, 160 GO
19,976,197 00

8,231,001 26 29,320,707 78 29,970, 105 80 29,699,967 74 26,467,403 16 35,698,649 21 30,721,177 50) 43,592,888 88 52,555,039 33 49,846,815 60 61,587,031 68 73,900,241 40 65,350,574 65 74,056,699 24 68,965,312 57 46,666, 365 96 52,777,107 92 56,054,599 83 41,476,293 49 51,919,261 09 112,094,945 51 243,412,971 20 322,631, 158 19 519,949,564 38 462,816,679 92 376,434, 453 82 357,188,256 (9 395,959,833 87 374,431, 104 94 364,694,229 91 322,177,673 78 299,941,090 84 284,020,771 41 290,066,581 70 281.000,642 00 257,446,776 10 272,322,136 83 333,526,500 98 360,782,293 00 403,525,250 00 298,287,582 10 348,519,870 OC 323,690,706 OU 336,439,727 00 271,403,277 00 379,266,075 m 387,050,050 00 403,090,982 00 392,612, 147:11 331,937.78 21

$1.5) 1.63 1.90 1.14

$37,243,214 24 33,864,714 56 26,896,782 62 24,314,518 19 26,481,817 84 25,134,886 44 11,780,092 51 22,483,560 14 22,935,827 79 27,261,182 86 54,920,784 09 47,618,220 65 43,499,078 39 40,948,383 12 47,751,478 41 44,390,252 36 47,743,989 09 55,038, 455 11 56,630,662 71 68,726,350 01 67,634,408 93 73,982,492 84 68,993,599 77 63,200,875 65 66,650,213 08 469,570,241 65 718,734,276 18

864,969, 100 83 1,295,099,289 58

619,022,356 34 346,729,325 78 370,339,133 82 321,190,597 75 293,657,005 15 283,160,393 51 270,559,695 91 285,239,325 34 301,238,800 21 274,623.392 84 265, 101,084 59 241,334,474 86 236.264.326 % 266.947.983 53 264,817,537 36 279,651.638 81 257,981, 439 57 265,408,137 54 244,126,244 33 260,226.935 11 242,183,138 51 267,932,179 97 259.653.368 67 281,996.615 60 297,7:26. 18 355, 372.684 74 315.123.330 S

1807,

1868, 1869, 1870, 1871. 1872, 1873, 1874. 1875, 1876, 1877 1878, 1879, 180, 1881, 1882, 1883, 1884, 1883, 1896, 1857 1888, 1899 18. 1891.

.9% 1.10

.44 1.52 1.51 1.45 1.25 1.64 1.37 1.88 2.19 2.01 2.40 2.79 2.40 2.64 2.38 1.57 1.72 1.78 1.30 1.58 3.36 7.14 9.26 14.05 12.78 10.18

9.46 10.26 9.47 8.98 7.73 7.01

$2.38 2.10 1.62 •1.51

1.42 1.39

.63 1.17 1.15 1.33 2.60 2.18 1.93 1.77 1.99 1.79 1.86 2.08 2.15 2.45 2.33 2.49 2.25 2.01 2.14 14.35 21.54 25.40 37.27 14.63

9.58 10.01 8.51 7.61 7.16 6.66 6.84 7.04 6.25 5.87 5.21 4.98 5.46 3.28 5.06 4.92 4.94 4.45 4.63

6.43 6.06 5.41 5.57 6.65 7.50 7.68 7.41 6.36 b.761 5.86 6.33 6.32 6.31 6.13 6.14 5.11

4.32

5.56 99,027,000 734,673,166 71 100,693,000 697,910,827 58 102,276,000 779,684,552 49 103,729,000 1,118,174,126 43 105,621,000 4,174,010,585 74 106,136,000 4,617,603.82 46 106,414,000 6,704,414,437 63 108,087,000 5.584,517,045 23

POPULATION, ORDINARY RECEIPTS AND DISBURSEMENTS OF THE GOVERNMENT FROM

1887 TO 1921–Concluded.

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66,456,000 $385,819,628 78 67,740,000 297,722,019 25 69,043,000 313,390,075 11 70,365,000 326,976,200 38 71,704,000 347,721,705 16 73,000,000 405,321,335 20 74,433,000 515,960,620 18 76,296,220 567, 240,851 89 77,754,000 587,685,337 53 79, 117,000 562,478,233 21 80,847,000 560,396,674,40 81,867,000 539,716,913 86 83,260,000 514,606,758 62 84,662,600 594,717,942 32 86,074,000 663, 125,659 92 87,490,000 601,060,723 27 88,926,000 603,589, 489 84 91.972,266 75,511,715 (2 93,983,000 701,372,374 99 95,656,000 691,778,406 37 97,337,000 724,111,229 84

1903, 1904, 1905, 190C, 1907, 1908, 1909, 1910, 1911, 1912, 1913, 1914, 1915, 1916, 1917, 1918, 1919, 1920, 1921.

$5.81 $383,477,954 49 4.40 367,525 79 83 4.54 356, 195,298 29 4.65 352, 179,446 08 4.85 365,774.15) 57 5.55 443,368,582 80 6.93 005.072,179 85 7.45 487,713,791 71 7.56

509,967,353 15 7.11 471,180,857 64 6.93 506,089, 022 04 6.59 532,237,81 31 6.54 563,360,093 62 7.02 549, 405,425 35 7.70 6.87 621, 102,390 64 6.79 662,324,444 77 7.34 659,705.391 68 7.46 654, 137,997 8 ) 7.23 654,553,93 47 7.44 682,770,705 51 7.42 700,251,489 71 6.93 731,399,759 11 7.82 724, 492,998 90 10.78 1,147.818.991 16 39.74 8.906,532.266 03 43.79 15,365,362.741 76 63.00 6,141,745, 210 08 51.67

4,468,773,468 10

5.43 5.16 5.01 5.10 6.07 6.14 6.39 6.57 5.96 6.26 6.50 8.77 6.49 6.41 7.10 7.45 1.15

6.94 7.01

11.06 8.38 144.77 67.72

AMOUNT OF MONEY IN THE UNITED STATES, 1860 TO 1921. STATEMENT OF THE COIN AND PAPER CIRCULATION OF THE UNITED STATES FROM 1860 TO 1921, INCLUSIVE, WITH AMOUNT OF CIRCULATION

PER CAPITA.

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