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Up to Jan. 1, 1907, the school savings-bank system was in operation in 1,098 schools of 113 cities of twenty-two states of America. The total deposits in these banks since they were started amounted to $5,485.514.48, of which $4,675,897.26 had been withdrawn, leaving a balance of $809,617.22 due 177,972 little depositors.

The school savings-bank system was introduced by J. H. Thiry in the schools of Long Island City (now part of New York), N. Y., March 16, 1885,

and it is largely through his efforts that it has been adopted in so many places in the United States and Canada. The purpose of the system is, of course, to encourage thrift, prudence and business methods among children at an age when their life habits are in process of formation. The following figures are taken from a table of statistics furnished by Mr. Thiry. They include only places in which the number of depositors is 1,000

or more:

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*A teacher collecting the money of the pupils of his or her class constitutes a savings bank.

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2,139,836,544

Orange River..

5,645
40,844
5,224,635
34,308,269 1,790,866,058

*Exclusive of securities deposited with the postal savings banks, the nominal value of which, at the end of the year, amounted to $10,430,000.

RESOURCES AND LIABILITIES OF STATE BANKS, LOAN AND TRUST COMPANIES, SAVINGS AND PRIVATE BANKS

Classification.

Loans on real estate..

Loans on other collateral security
Other loans and discounts.

RESOURCES.

9,967 state

banks.

$192,737,361

171.112,891

(1907).

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United States bonds.

2,111,794

1,280,592

18,744,618

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State, county and municipal bonds.
Railroad bonds and stocks.

5,674,831

11,239,601

618,494,020

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ILLINOIS WEIGHTS AND MEASURES. Statutory weights and measures in Illinois not included in the above table are: Flour. per barrel, 196 pounds; per half-barrel, 98 pounds; per quarter-barrel sack, 49 pounds; per eighthbarrel sack, 241⁄2 pounds. Cornmeal, per bushel sack, 48 pounds; per half-bushel sack, 24 pounds;

1 dram.

- 1 ounce. = 1 pound.

1 short ton. 1 long ton.

COUNTING.

=

12 things
12 dozen
12 gross
20 things =

=

1 dozen.
1 gross.
1 great gross.
1 score.

per quarter-bushel sack, 12 pounds. Stone coal, per bushel, 80 pounds. Unslacked lime, per bushel, 80 pounds. Fine salt, per bushel, 55 pounds; coarse salt, 50 pounds. Hair (plastering), per bushel, 8 pounds.

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DEBT ON WHICH INTEREST HAS CEASED SINCE MATURITY.
Funded loan of 1891, continued at 2 per cent, called for redemption May 18, 1900; interest ceased
Aug. 18, 1900..

$32,000.00

Funded loan of 1891, matured Sept. 2, 1891..
Loan of 1904, matured Feb. 2, 1904.

26.600.00

96,800.00

Old debt matured at various dates prior to Jan. 1, 1861, and other items of debt matured at various dates subsequent to Jan. 1, 1861..

Aggregate of debt on which interest has ceased since maturity.

931,415.26 1,086,815.26

DEBT BEARING NO INTEREST.

United States notes-Feb. 25, 1862; July 11, 1862; March 3, 1863..
Old demand notes-July 17, 1861; Feb. 12, 1862...

.$346,681,016.00

53,282.50

National bank notes-Redemption account-July 14, 1890...
Fractional currency-July 17, 1862; March 3, 1863; June 30, 1864, less $8,375,934 estimated as lost or
destroyed, act of June 21, 1879...

47,658,804.50

6,863.994.28 401.257,097.23

Aggregate of debt bearing no interest..............

CERTIFICATES AND NOTES ISSUED ON DEPOSITS OF COIN AND SILVER BULLION.

CLASSIFICATION.

Gold certificates-March 3, 1863; July 12, 1882; March 14, 1900.

Silver certificates-Feb. 28, 1878; Aug. 4. 1886; March 3, 1887; March 14, 1900..
Treasury notes of 1890-July 14, 1890; March 14, 1900....

Aggregate of certificates and treasury notes offset by cash in the treasury..

Classification.

Interest-bearing debt.

RECAPITULATION.

Debt on which interest has ceased since maturity.

Debt bearing no interest.......

Aggregate of interest and noninterest-bearing debt...

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Certificates and treasury notes offset by an equal amount of cash in the treasury, 1,160,009,869.00

Aggregate of debt, including certificates and treasury notes.

May 31, 1907. $899,972,780.00

1,086.925.26 401,352.483.78

1,302,412.189.04 1,163,061,869.00 2,465,474,058.04

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$150,000,000.00

$678,244,869.00

475,777,000.00

5,988,000.00 1,160,009,869.00

$75,006,843.54

75,271,370.00

5,401,738.00

4.792,012.00

3.962.915.99

3,967,324.00

12.455.00

13,697,855.00

8,804,401.07

57.08

1,642,278.21

34.561.10 192,593,810.99

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Bonds and interest paid, awaiting reimbursement..

In national bank depositaries

To credit of treasurer of the United States..

To credit of United States disbursing officers...

In treasury of Philippine islands

To credit of treasurer of the United States..

To credit United States disbursing officers....

Total..

Gold certificates..

Silver certificates..

Treasury notes of 1890....

National bank 5 per cent fund..

Outstanding checks and warrants

Disbursing officers' balances.

Postoffice department account.

Miscellaneous items...

Reserve fund..

Available cash balance.

Total.......

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Statement of the outstanding principal on Jan. 1 of each year from 1791 to 1843, inclusive, and on July 1 of each year since then.

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1880.

1890.

1891.

1892

1893.

1894.

1895.

1896.

1897

1898.

1899.

1900.

1901.

1902.

1903.

1904

1905

1906.

1907

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$7,621,455.26 $388,800,815.37 $2,120,415,370.63 $201,088,622.88 $1,919,326,747.75 50.155.783 $38.27 $1.59
1,815,805.26 825,011,289.47 1,552.140.204.73 661,355.834.20
1,614,705.26 933,852,766.35 1,545,996,591.61 694,083,839.83
2,785,875.26 1,000,648.939.37 1,558,464,144.63 746,937,681.03
2,094,060.26 958.854,525.87 1,545,985,686.13 707,016,210.89
1,851,240.26 995,360,506.42 1,632.253,636.68 732,940,256.13
1,721,590.26 958.197,331.99 1,675.120.983.25 811,061,686.46
1,600,890.26 920,839,543.14 1,769,840,323.40 $53,905,635.51
1,346,880.26 968,960,655.64 1,817,672,665.90 $25,649.765.87
1.262,680.00 947,901,845.64 1.796.531,995.90 769.446.503.76
1,218.300.26 944,660,256.66 1,991,927,306.92 836.607.071.73 1,155,320,235.19 76,011,000 15.55 .54
1,176,320.26 1.112.305.911.41 2,136,961.091.67 1,029.249.833.78 1,107,711,257.89 76,304,799 14.52 .44
1,415,620.26 1.154.770.273.63 2,143,326.933.89 1,098.587,813.92 1,044,739,119.97 77,647,000 13.45
.38
1,280,860.26 1.226.259.245.63 2,158,610,445.89 1,189.153,204.85 969,457,241.04 79,003,000 12.27 .35
1,205,030.26 1.286,718.281.63 2,202,464,781.89 1,277,453,144.58 925,011,637.31 80,372,000 11.51 .32
1,970,920.26 1,366,875,224.88 2,264,003,585.14 1.296.771.811.39 967,231,773.75 81,752,000 11.83 .30
1,370,245.26 1.378,086.478.58 2,274,615,063.84 1,365,467,439.06 909,147.624.78 83.259.000 11.91 .29
1,128,135.26 1,440,874,563.78 2,337,161,839.04 1,372,726,152.25 964,435,686.79 84,154.009 11.46 .28
1.086,815.26 1.561.266.966.00 2.457,188,061.54 1.688,027 086.83) 769,160,974.71 85.956.000

*Includes certificates issued against gold, silver and currency deposited in the treasury.

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