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REPORT OF THE COMPTROLLER OF THE . · PDF file 198 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 26. National-bank currency issued to banks monthly from November 1, 1923, to

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  • 52 REPORT OF THE COMPTROLLER OF THE CURRENCY.

    TABLE N O . 28.—National-bank notes received at this bureau and destroyed yearly since the establishment of the system.

    Date.

    Prior to Nov. 1,1865 During year ended Oct. 31—

    1860 1867 . 1868 1869 . 1870 1871 1872 1873 1S74 1875 1876 1877 1878 18-79 1880 1881 1882 1883 1884 1885 1886 1887 . . . . 1888 1889 1890 1891 . . . 1892 1893 1894 1895

    Amount.

    $175,490

    1,050,382 3,401,423 4,602,825 8,603,729

    14,305,689 24,344,047 30,211,720 36,433,171 49,939,741

    137,697,696 98,672,716 76,918,963 57,381,249 41,101,830 35,539,660 54,941,130 74,917,611 82,913,766 93,178,418 91,048,723 59,989,810 47,726,083 59,568,525 52,207,627 44,447,467 45,981,963 43,885,319 44,895,466 62,835,395 46,997,527

    Date.

    During year ended Oct. 31—Contd. 1896 1897 1898 1899 1900 190L. 1902 1903 1904 1905. 1906 1907 1908 1909 1910 1911 > 1912 1913 1914 1915 1916 1917 . . . . 1918 1919. . . . 1920

    Additional amount of insolvent and liquidating national-bank notes destroyed

    Gold notes..

    Total..

    Amount.

    $53,613,811 83,159,973 66,683,467 59,988,303 71,065,968 90,848,100

    107,222,495 140,306,990 167,118,135 195,194,785 191,102,985 197 932 847 231,128,140 348,159,995 359,496,000 409,835,965 428,399,608 426,282,840 435,904,280 362,551,125 351,717,477 298,468,107 238,184,520 a30,106,555 424 542 837

    1,017,228,251 3,390,560

    8,495,549,283

    In addition, $46,115 destroyed in transit.

    TABLE N O . 29.—National-bank notes received monthly for redemption by the Comptroller of the Currency during the year ended Oct. 31, 1920, and the amount received during the same period at the redemption agency of the Treasury, together with the total amount received since the approval of the act of June 20, 1874-1

    Month.

    Received by the Comptroller of the Currency.

    From national banks in connec-

    tion with reduction of circula- tion and replace- ment

    with new notes.

    From the redemption agency.

    For replace- ment with new notes.

    Retirement account.

    Total.

    Received at the

    United States

    Treasury redemption

    agency.

    1919. November December

    1920. January February March April May June July August September October

    To ta l . . . . Received from June 20,1874, to

    Oct. 31,1919

    Grand total

    $35,157 0

    20,,>00 1,750

    14,500 3,135

    11,870 0

    2,905 29,280 3,490 1,700

    $39,141,275 33,882,205

    10,047,153 35,986,505 52,386,977 45,300,520 51,605,242 33,950,960 32,145,030 32,380,793 29,728,615 29,417,362

    $2,289,192 1,851,943

    524,140 1,880,660 2,044,735 2,173,705 2,083,683 1,899,637 1,482,231 1,342,340 1,118,975 1,103,300

    $41,465,624 35,734,148

    10,591,792 37,868,915 54,446,212 47,477,360 53,700,795 35,850,597 33,630,166 33,752,413 30,851,081 30,522,362

    $31,422,691 31,029,556

    51,114,558 20,758,673 25,851,053 55,408,706 38,244,893 41,826,835 40,856,861 41,488,315 32,317,246 32,939,371

    124,287

    57,195,460

    425,972,637

    6,455,173,448

    19,794,541

    1,471,688,397

    445,891,465

    7,984,057,305

    443,238,758

    11,014,526,283

    57,319,747 6,881,146,085 1,491,482,938 8,429,948,770 11,457,765,041

    1 Notes of gold banks not included in this table.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

    1920 (Volume 2)

  • 242 REPORT OF THE COMPTROLLER OF THE CURRENCY.

    TABLE NO. 23.—National-bank notes received monthly for redemption by the Comptroller of the Currency during the fear ended Oct. 31, 1921, and the amount received during the same period at the redemption agency of the Treasury, together with the total amount received since the approval of the act of June 20, 1874.1

    Month.

    November. December.

    1920.

    January. February... March April May June July August September. October....

    1921.

    Received by the Comptroller of the Currency.

    From national banks in connec-

    tion with reduction of circula- tion and

    ment with new

    notes.

    Total deceived from June 20.,

    1874, to Oct. 31,1920....

    Grand total.

    $3,102 31,060

    12,405 2,420

    70,460 200

    41,180 2,775 3,340 8,400 16,020 4,-600

    195,962

    57,319,747

    57,515, 709

    From the redemption agency.

    For replace- ment with new notes.

    $34,416,605 43,255,895

    46,933,097 46,638,218 44,253,708 54,356, 427 43,866,647 51,538,960 50,858,830 •54,450,830 50, 488,300 50,891,978

    571,949,495

    6,881,146,085

    7,453,095, 580

    Retirement account.

    $1,123,185 1,320,760

    889,303 1,753,755 1,656,702 1,945,245 2,580,005 2,058,200 1,790,035 2,100,495 1,698,810 1,500,530

    20,417,025

    1,491,482,938

    1,511,899,963

    Total.

    $35,542,892 44,607,715

    47,834,805 48,394,393 45,980,870 56,301,872 46,487,832 53,599,935 52,652,205 56,-559,725 52,203,130 52,397,108

    592,562,482

    1,429, .94$, 770

    Received at the United States

    Treasury redemption

    ageacy.

    $33,781,274 46,508,023

    56,038,419 44,238,409 47,749,352 52,818,839 48,331,300 50,447,256 57,213,564 55,010,463 51,360,593 54,061,210

    597,558,702

    11,457,765,041

    1,022, 5-11,252 i 12,055,323,743

    1 Notes af gold banks not included in this table.

    NO. 24.—Tax paid on national and Federal Reserve bank circulation, together with the cost to the Government on account of expenditures incident thereto, year ended June 30, 1921.

    Tax on national-bank circulation for year ended June E0,1921 $3,806,590.02 Cost of special dies, rolls, plates, printing, paper, etc. (natianal-bank notes) $910,090.76 Salaries o-f officers and employees of office of Comptroller of the Currency 189,698.53 Expenses incurred i n -

    Printing and binding 41,768.54 Stationery 27,744,61

    Amount expended by chief '.clerk and superintendent (light, heat, telephone, telegraph, furniture, labor*savmg machines, etc., partially estimated) 8,005.91

    Special examination of national banks, repairs to macerator, etc 2,657.20 , 1,179,965.55

    Profit to Government on national-bank currency „ 2,626,624.47 Tax on Federal Reserve bank notes for year ended June 30,1921 947,405.00 Cost of special dies, rolls, plates, printing, paper, etc. (Federal Reserve bank

    notes) 2,229,238.03

    Loss to Government on Federal Reserve bank notes 1,281,833.03

    Net profit to Government on circulation 1,344,791.44 Salaries, regular and reimbursable rolls, Currency Bureau, cost of special dies, rolls, plates,

    paper, printing national bank currency, 1863 to 1921, inclusive . . . . . 20,965,816.00

    Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

    1921

  • 200 REPORT OF THE COMPTROLLER OF THE CURRENCY.

    TABLE NO. 12.—National-bank notes of each denomination outstanding on March 131 1900, and on October 31, 1914 and 1922,

    Denomination.

    Ones.. . Twos. . . . . . . Fives v. Tens... Twenties Fifties One hundreds. Five hundreds One thousands. Fractions

    Total. . .

    Secured by lawful money Secured by bonds

    Mar. 13,1900.

    $348,275 167,466

    79,310,710 79,378,160 58,770,660 11,784,150 24,103,400

    104,000 27,000 32,409

    254,026,230

    38,004,155 216,022,075

    Oct. 31, 1914.

    $342,759 163,782

    214,491,860 476,363,040 297,259,860 68,202,050 65,540,950

    88,500 22,000 53,340

    1,122,528,141

    20,632,278 1,101,895,863

    Oct. 31, 1922.1

    $341,844 163,190

    140,181,445 322,938,620 248,991,650 26,728,350 26,696,700

    87,500 21,000 60,738

    766,211,037

    26,158,712 740,052,325

    i Gold notes included since 1915.

    NOTE.—Beginning with Oct. 31,1910, notes redeemed but not assorted included.

    TABLE NO. 13.—National-bank notes received monthly for redemption by the Comptroller of the Currency during the year ended October 31, 1922, and the amount received during the same period at the redemption agency of the Treasury, together with the total amount received since the approval of the act of June 20, 1874-1

    Month.

    1921. November December

    1922. January February March April May June July August September October

    Total Received from June 20,

    1874, to Oct. 31,1921..

    Grand total

    Received by the Comptroller of the Currency.

    From na- tional banks in connection with reduc- tion of circu- lation and

    replacement with new

    notes.

    $3,830 14,100

    14,135 22,300 234,790 107,307 71,318 6,665 33,085 1,795 4,545 53,310

    567,180

    57,515,709

    58,082,889

    From the redemption agency.

    For replace- ment with new notes.

    $47,149,090 52,295,432

    64,088,023 48,896,465 48,330,310 43,478,025 44,178,200 42,579,460 35,187,910 30,468,397 32,001,018 49,145,660

    537,797,990

    7,453,095,580

    7,990,893,570

    Retirement account.

    $1,217,910 1,427,120

    1,434,450 993,900 938,050

    1,143,550 1,212,600 1,110,900 1,054,150

    913,850 934,850

    1,307,300

    13,688,630

    1,511,899,963

    1,525,588,593

    Total.

    $48,370,830 53,736,652

    65,536,608 49,912,665 49,503,150 44,728,882 45,462,118 43,697,025 36,275,145 31,384,042 32,940,413 50,506,270

    552,053,800

    9,022,511,252

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