This section is from the book "Money And Banking", by John Thom Holdsworth. Also available from Amazon: Money And Banking.
On June 1, 1914, there were eight different kinds of money in circulation in the United States. Since then two new kinds of paper money, reserve bank notes and Federal reserve notes, have been added.
The following table based upon the circulation statement issued by the Treasury Department, June 1, 1914, shows the total stock of money and the amount of each kind in circulation and in the Treasury on that date. The total Circulation Statement, June 1, 1914.
General Stock of Money in the United States | Held in Treasury as Assets of the Government* | Money in Circulation | |
Gold Coin (including bullion in Treasury).. | $1,931,342,109 | $177,307,660 | $615,431,580 |
Gold Certificates...... | ...................... | 32,849,250 | 1,105,753,619 |
Standard Silver Dollars. | 565,813,263 | 15,554,181 | 70,680,082 |
Silver Certificates..... | 13,176,783 | 466,402,217 | |
Subsidiary Silver....... | 181,200,547 | 21,571,234 | 159,629,313 |
Treasury Notes of 1890. | 2,460,000 | 9,195 | 2,450,805 |
United States Notes.... | 346,681,016 | 6,688,925 | 339,992,091 |
National Bank Notes... | 751,554,696 | 31,820,091 | 719,734,605 |
Total............. | $3,779,051,631 | $298,977,319 | $3,480,074,312 |
* Exclusive of $54,906,265 in National Bank Depositaries money supply amounted to $3,779,051,631, of which $298-977,319 was held in the Treasury as assets of the Government, leaving in circulation $3,480,074,312, which represents a per capita circulation of $35.19.
 
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