Page:Statesman's Year-Book 1921.djvu/1162

 1110

NETHERLANDS

Value of money minted during the following years (in thousands ot guilders) : —

Tear

Gold

Silver

Copper and

Nickel

For tlie East

' and West India Colonies

Total value

Total number of pieces

1881-1900 19 -1910 1914-1918 1919

8,564

992

11,385

13,710

33,870

47,100

6,000

1,310

2,005

1,593

110

10,834

15,230

14,858

3,420

34,418

52.097

110,531

9,530

452,342,090

400,679,000

488,438,476

73,200,000

The Bank of the Netherlands is a private institution, but it is the only one which has the right of issuing bank-notes. This right, granted in 1863 for 25 years, was prolonged in 1888 for 15 years, and prolonged again for the same term in 1903, with some alterations in the conditions ; e.g. all the paper money is to be issued by the Bank. In 1918 the Charter was once more prolonged for a lurther 15 years. The Bank does the same business as other banks, only with more guarantees. Two-fifths of the paper money in circulation must be covered. It has agencies in all places of importance.

Year

Notes in

Circulation,

March 31

1,023,175,000 1,051,722.000 1,039,316,000

Total Exchanges

years ending

March 31

1,305,287,045 1,618,251,658

Stock of Gold, March 31

1,000 guilders 671,041 634,871 621,033

Stock of Silver, March 31

1919 1920 1921

1,000 guilders

7,532

8,432

16,687

The capital amounts to 20,000,000 guilders, the reserve fund in 1915 to 5,000,000 guilders. The Bank keeps the State-Treasury and the cash of the State Postal Savings-Bank and of other institutions. It receives 3^ per cent, of the clear gains; the remainder is divided between the State and the Bank in proportion of 2 : 1.

There are many savings-banks, all private. Besides these there is a State postal savings-bank, established in 1881. The following table gives some par- ticulars of both : —

Tear

1917 State P. S. B. Private banks

1918 State P. S. B. Private banks

1919 State P. S. B.

Amount i Amount

deposited withdrawn

(in 1,000 I (in 1,000

gldrs.) i gldrs.)

89,798 63,978

104,880 82,669

137,886

70,240 01,443

91,768 65,218

117,919

Total De- posits at end of year (in 1,000 gldrs.)

'-'22,840 202,433

241,705 176,407

268,138

Number of

Depositors at

end of year

1,762,619 538,986

1,816,735 561,179

1,887,362

Amount per inhabi- tant. Gldrs.

33-14 22-67

36-07

po-oa

S9'26