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
