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

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Mavlund figures for june 30 of each year used in above table.

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 circula.
rion 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
1015

For redemption of outstanding certificates an exart equlvalent in gold coin or bullion or standard silver dollars. Is held in the Treasury, and is not included
in the nerount of money held a set of the Treasury.

Beginning with the riscal year 1915 there is included with the Treasury assets the amount of money held by Federal reserve bank And Federal reserve ngrits against IANUCA of Tral reserve

In 1907 the Director of the Mint reduced himentimate of the stock of gold the stock of subsidiary silver coin in the United States 19,700,000.

coin in the United States by $135,000,000, and in 1910 reduced his estimate of

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,

$5, 658,930 72

3,180 00 24, 399 95

710 83 41,498 72

207, 055 30 47,575, 288 49

$53,511.064 01

Disbursements.

$18,637, 272 41

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 Nunber

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,

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

Balance in fund, November 30, 1921,

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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Debt Bearing Interest in Currency. Six per cent agricultural script bonds,

$500,000 00 Six per cent. proceeds of sale of experimental farms,

17.000 00

317.000 00

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$438,126 47

STATE INSURANCE FUND STATEMENT.

Receipts.
Balance in fund, December 1, 1920,
Interest on State Insurance Fund deposits

$14,166 66 Interest on investments,

42,083 77 Interest on Sinking Fund deposits,

15,530 72 Refunded cash,

89 00 Refunded insurance premiums,

4,767 22 Sabbath breaking fines,

508 40 Tax on foreign fire insurance companies,

427, 221 72 Transfer from Insurance Tax Fund,

5,000 00

509.367 49

$947, 493 96

Disbursements.

Replacing property losses,
Transfer to Insurance Tax Fund,

$104,983 41
770, 793 15

875, 176 56

Balance in State Insurance Fund, November 30, 1921,

$71,717 40

$33, 686 06

STATE SCHOOL FUND STATEMENT.

Receipts.
Balance in fund, December 1, 1920,
Escheated estates,

$30,037 91 Forest Ares expenses refunded,

4 47 Forestry reservation sunitries,

16, 269 34 Interest on State School Fund deposits,

613.06 Interest on investments,

33,702 59 Proceeds from sales of land,

9,793 56 Refunded cash,

2,586 18

93,007 11

$126,693 17

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$8, 262,552,80

STATE BOND ROAD FUND STATEMENT.

Receipts.
Balance in Fund, December 1, 1920
Proceeds from sale of bonds

$15, 234,072 18 Federal aid to State Roads,

3, 287,081 62 Highway construction,

1, 213, 417 28 Interest on deposits,

192,588 99 Highway reimbursements,

19,752 35 Sale of state property,

686 75 Refunded cash,

13,518 91 Transfer from General Fund,

23, 460 16

19,984, 578 24

$28, 247,131 04

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Balance in State Bond Road Sinking Fund, November 30, 1921,

$108,220 99

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Disbursements. Payroll and general expenses,

Balance in Banking Department Fund, November 30, 1921,

197, 794 93

$36, 229 80

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$79,828 67

STATE ANNUITY RESERVE FUND NO. 2 STATEMENT.

Receipts.
Balance in fund,, December 1, 1920,
Pennsylvania Employees' Retirement Board,

$1,201,844 73 Interest on investments,

91,323 75 Interest on deposits,

939 83 Bond redemption,

3,000 00 Transfer from General Fund,

10.848 14 Transfer from Annuity Savings Fund,

10, 205 18

1,318,161 63

1,397,990 30

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GAME PROTECTION AND PROPAGATION FUND STATEMENT.

Receipts.
Balance in fund, Decernber 1, 1920,
Hunting licenses and fines,

$ 267, 829 15 Interest on deposits,

1,345 48

$89,525 46

269,174 63

$358,700 09

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