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Year Ending June 30.

AMOUNT OF MONEY IN THE UNITED STATES, 1860 TO 1921-Concluded.

paper money in Treasury, as as

Coin, bullion and

sets.

Circulation.

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1915

3,221,676,433 8,786,221,846

Revised figures for June 30 of each year used in above table.

4,241,173,650

Specie payments were suspended from January 1, 1862, to January 1, 1879, during the greater part of which period gold and silver coins were not in circulation except on the Pacific coast, where, it is estimated, the specie circulation was generally about $25,000.000. In 1876 subsidiary silver again came into use. The coinage of standard silver dollars was resumed in 1878 and again discontinued during the fiscal year 1905. First issue of Federal reserve notes in fiscal year For redemption of outstanding certificates an exact equivalent in gold coin or bullion or standard silver dollars is held in the Treasury, and is not included 1915 there is included with the Treasury assets the amount of money In the account of money held as assets of the Treasury. Beginning with the fiscal year held by Federal reserve banks and Federal reserve agents against issues of Federal In 1907 the Director of the Mint reduced his estimate of the stock of gold coin in the United States by $135,000,000, the stock of subsidiary silver coin in the United States by 89.700,000.

reserve notes.

and in 1910 reduced his estimate of

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FINANCES OF PENNSYLVANIA-1921.

Extracts from the State Treasurer's Report for the year ending November 30, 1921.

GENERAL FUND STATEMENT.

Receipts.

To balance in General Fund, December 1, 1920,

To transfer from Fish Fund,

To transfer from State Bond Road Fund,

To transfer from Experimental Fund,

To transfer from Industrial Rehabilitation Fund,

To transfer from Federal appropriation for Vocational Education,
To receipts from all sources for year ending November 30, 1921,

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Disbursements.

To miscellaneous payments of appropriations and expenses
of government for year ending November 30, 1921,
By annuity for right of way to Pike and Susquehanna
Counties,

By amount transferred to Annuity Reserve Fund Number
Two,

By amount transferred to State Bond Road Fund,
By amount transferred to Sinking Fund,

By amount transferred to State Bond Road Sinking Fund,
By United States Government to Soldiers' and Sailors
Home, Erie,

By United States Government aid to State roads,

By United States Government aid in prevention and control of venereal diseases,

By United States Government aid to State College,

Balance in General Fund, November 30, 1921,

$48,657,272 41

10,000 00

10,848 14

23,460 16

31,020 00

504,705 79

13,072 09

46,669 02

46,115 65

50,000 00

49,393, 163 26

$4,117,900 75

SINKING FUND STATEMENT.

Balance, cash in banks, December 1, 1920,

Receipts.

Transfer from General Fund,

Disbursements.

Interest on agricultural script bonds and on proceeds of sale of experimental farms, paid to Pennsylvania State College,

Balance in fund, November 30, 1921,

$658,320 26

31,020 00

$689,340 26

31,020 00

$658,320 26

STATEMENT OF PUBLIC DEBT AS SHOWN BY RECORDS AND STATEMENT ON FILE IN THE TREASURY DEPARTMENT.

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