Page:Statesman's Year-Book 1899 American Edition.djvu/1321

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MONEY AND CREDIT

965

Years

Income

Expenditure

1892 1893 1894 1895

Roubles 33,753,332 35,267,039 36,961,042 38,837,399

Roubles 25,769,010 24,085,362 26,144,108 29,123,907

1

Money and Credit.

The amount of money coined at the mint during the last three years was :

Year I Gold

Silver at ^a-

Silver at ■[%

Copper

Roubles

1895 1 50,000,560

1896 1,315

1897 117,500,000

Roubles 4,605,053 25,723,862 13,364,0001

Roubles 1,099,001 301,001 699,0001

Roubles 54-2,065

1 During the first 3J months only.

The amount of gold, silver in money and ingots and paper money in cir- culation are thus given by the Minister of Finances (Jan. 13, 1898), in millions of roubles : —

1

1

Year

Gold 1 Silver at f(->

Paper currency

At the Bank and Treasury

J At the

circulation ^l^Z^J^Jli Ireasurj'

In circulation

At the J

End of 1896 . End of 1897 . End of 1898 .

1,206 1,315 1,146

37-5 73 155 63

445 1 48

50

99

142

139-7 ' 981-6 69 930 42 683

As to the paper money, which amounted end 1897 to 999,000,000 roubles, out of which 69,000,000 were at the Bank, it was covered by gold money and gold in ingots at the Bank alone to the extent of 1,166,000,000 roubles, thus showing an increase of 226,500,000 roubles in gold, and 39,000,000 roubles in silver, with a decrease of 122,500,000 in the paper currency.

1. 21ic Bank of Russia acts in a double capacity — of State Bank and of a commercial bank. It has 108 branches. Its accounts, according to the new form of accounts established by the law of September 10, 1897 (see under Finance) were on January 1, 1899 : —

Liabilities — Roubles

Paper, roubles in circulation Lialiilities abroad and metallic Foundation capital Reserve ,,

Capital for building new house Interest bearing deposits Unredeemable deposits

725,000,000

5,720,472

50,000,000

3,000,000

134,892

27,995,277

58,621,066