Jasper County Democrat, Volume 20, Number 39, Rensselaer, Jasper County, 11 August 1917 — MONEY IN CIRCULATION GROWS [ARTICLE]

MONEY IN CIRCULATION GROWS

New Records Have Been Made Since Outbreak of War. Washington, D. C., August 10. — Money in circulation in the United States, the treasury department’s circulation statement today shows, reached a new high record August. 1. The total on that date was $4,852,084,460, an increase of nearly 23 per cent within a year. This includes gold, silver and all forms of currency but does not include money in the treasury which would bring the total up to $5,513,292,894. The per capita circulation August 1 was $46.53. Within a year the per capita circulation has shown the phenomenal increase of $7.53 greater than during any other similar period of time. The amount of gold in- the treasury and in circulation was $3,086,218,498, an increase of $586,000,00.0 within the year and of approximately |$ since the European war started.