STOCK OF MONEY IN THE UNITED STATES, JUNE 30, 1917.

On June 30, 1917, the stock of domestic coin in the United States was $2,235,150,641, as shown by the following table:

Official table of stock of coin in the United States June 30, 1917.

NOTE. The number of standard silver dollars coined to June 30, 1917, was 570,272,610, which, added to the Hawaiian dollar coinage, 500,000, plus the number imported from the Philippine Islands, 150,000, and the number returned in Government transports, 496,859, equals 571,419,469. Since July 1, 1898, the number of standard silver dollars exported in transports has been 2,495,000, and since 1883 the number melted to June 30, 1917, has been 199,726, and the number of Hawaiian dollars melted to June 30, 1917, has been 455,230, a total disposition of 3,149,956, leaving in the United States on June 30, 1917, 568,269,513 standard silver dollars and 198,274,719 dollars in subsidiary coins.

Bullion in mints and assay offices June 30, 1917.

Gold.
Silver.

Total..

Bullion.

Value.

$1,550, 357,983 6,364, 159 1,556,722, 142

Basic metallic stock June 30, 1912, 1913, 1914, 1915, 1916, and 1917.

Coin and bullion. June 30, 1912. June 30, 1913. June 30, 1914. June 30, 1915. June 30, 1916. June 30, 1917.

Ownership of gold and silver in the United States June 30, 1917.

Total..

152, 979,000

1,627,230,069 492,860,000

290,533,000 13,434,000 23,917,000

52,582,000

350,559,527 58,391,375 169,935, 097

152,979,000

492,860,000 2, 120, 090, 069

37,351,000 327,884,000 52,582,000

228,326, 472 578,885,999

3,018, 964, 392 568, 269, 513 198, 274, 719 6,364, 159 772,908,391 3,791,872,783

1 National bank figures of June 20, 1917.

Estimated stock of gold and silver in the United States and the amount per capita at the close of each fiscal year since 1873.

1896.

71,390,000

599, 597, 964 696, 270, 542 861, 514, 780 962,865, 505 1,034,439, 264 1, 124, 652, 818 1, 192, 395, 607 1,249,552, 756 1,327, 672, 672 1,357,881, 186 1,472, 995, 209 1,466,056, 632 1,615, 140, 575 1,640, 567, 131 1,635, 424, 513 1,753, 134, 114 1,812,856, 241 1,866, 619, 157 1,871, 611, 723 1,973, 330, 201 2, 450, 516, 328 3, 018, 964, 392

NET EXPORTS, UNITED STATES GOLD COIN.

The net exports of United States gold coin since 1870 were as follows:

Imports and exports of United States gold coin since 1870.

1 Imports of United States gold coin not separately given prior to the fiscal year 1878.

STOCK OF MONEY IN THE UNITED STATES DECEMBER 31, 1916.

On December 31, 1916, the stock of domestic coin in the United States was $2,331,743,772, as shown by the following table:

Official table of stock of coin in the United States Dec. 31, 1916.

Estimated stock of coin in United States Dec. 31, 1916.. 1,572, 162, 694

759, 581,078

116,961,336 2,331,743, 772

1 This brings the calendar year figures into harmony with those of the fiscal year. NOTE.-The number of standard silver dollars coined to Dec. 31, 1916, was 570,272,610, which, added to the Hawaiian dollar coinage, 500,000, plus the number imported from the Philippine Islands, 150,000, and the number returned in Government transports, 496,859, equals 571,419,469. Since July 1, 1898, the number of standard silver dollars exported in transports has been 2,495,000; and since 1883 the number melted has been 199,226, and the number of Hawaiian dollars melted to Dec. 31, 1916, has been 455,182, a total disposition of 3,149,408, leaving in the United States on Dec. 31, 1916, 568,270,061 standard silver dollars and 191,311,017 dollars in subsidiary silver coins.

The value of the basic metallic monetary stock of the United States, also the value of the paper money, on December 31, 1916, with their location, are given below:

1 There is reserved $152,979,026 in gold against United States notes and Treasury notes of 1890 outstanding. Treasury notes are also secured by silver dollars in the Treasury.

2 Includes Federal Reserve Bank notes.

UNITED STATES GOLD IN CANADA.

The total amount of United States gold coin in Canadian reserves on December 31, 1916, was $130,306,792.50, as follows:

Average commercial ratio of silver to gold each calendar year since 1687.

[NOTE.-From 1687 to 1832 the ratios are taken from Dr. A. Soetbeer, from 1833 to 1878 from Pixley and Abell's tables, from 1879 to 1896 from daily cablegrams from London to the Bureau of the Mint, and since from daily London quotations.]

Bullion value of the silver dollar [371} grains of pure silver] at the annual average price of silver each year from 1837.