Page:Statesman's Year-Book 1921.djvu/354

 302

THE BRITISH EMPIRE: — CANADA

Average

Average

! /

Average

Percentage

Calendar

Capital

Notes in

Total on 1 Average Average

of Liabili-

Tear

Paid up

Circulation

Deposit Liabilities 1 Assets

ties to Assets

Dollars

Dollars

Dollars • Dollars i Dollars

1914

114,759,807

104,600,185

l,144,210,363il,309,944,006 1,555,676,395

84-20

1916

113,175,353

126,691,913

1,418,030,4291,596,905,337 1,839,286,709

86-S2

1917

111,637,755

161,029,606

1,643,203,020:1,866,228,236 2,111,559,555

88-38

191S

110,618.504

198,645,254

1,012,395,780 1, 184, 359,820 i 2,432. 331,418

89-80

1919

115,004,960

218,919,261

2,1S'.>,428,885<2, 495,582,568 2,754,5CS, US

90-GO

i Excluding capital and rest or reserve fund.

In July, 1920, the deposits aggregated 2,437,128,912 dollars, and the circulation 231,534,233 dollars.

In addition to the capital there was in July, 1920 the sum of 130,027,965 dollars of rest or reserve funds belonging to the banks.

There are 16 clearing houses in Canada. The transactions for 1919 amounted to 16,216,518,629 dollars, against 13,448,158,653 dollars in 1918. Of the' transactions of 1919, Montreal had over 38 per cent., Toronto 26 per cent., Winnipeg 14*3 per cent., and Vancouver 4 - 04 per cent.

Government post-office savings-banks have been in operation in Canada since 1868 ; there are also Government savings-banks, under the Finance Department, in the Maritime Provinces, Manitoba, and British Columbia. In 1920 the post-office savings-banks had 31,605,594 dollars on deposit. The Government savings banks had 10,729,218 dollars on deposit.

The deposits in special savings-banks amounted in 1920 to 53,118,053 dollars.

Money, Weights, and Measures.

The Dollar of 100 cents. The value of the money of the United King- dom is fixed by law as follows : — The sovereign, 4 86§ dollars; the crown piece, 1 *2 dollars ; and other silver coins at proportionate values. Notes are issued by the Government for 5, 4, 2, and 1 dollar, and 25 cents ; no bank is allowed to issue notes for a less sum than 5 dollars. Government notes outstanding at the end of August, 1920 amounted to 287,426,485 dollars.

The Ottawa Branch of the Royal Mint was established in pursuance of The Ottawa Mint Act, 1901. under which an annual sum not exceeding 75,000 dollars is payable to the Imperial Treasury for the purpose of defraying the salaries of officials and other expense* of the Mint, the fees and all sums received being retained by Canada. The Mint issues gold, silver and copper coins for circulation in Canada, and sovereigns and half-sovereigns aoined will be legal tender in every country under the British flag. Coinage for Newfound- land was struck at the Mint in 1917 and 1918.

Gold, silver, and bronze coin struck and issued by the Ottawa Mint during the calendar years 1918 and 1919 : —

1910

Gold (sovereigns)

Gold— Canadian $5's. ,. *10's Silvar. Bronze

Struck

106,516 or

i*.".is.877.s7



2,258,7 130,849.83

[■Sued

Struck

130.76S or $636,404.24

2,402,000.00

131,M7.i'<i

135.8S9 or $661, 326.47

$

3,195,878.15 112,013.47

Issued

171,042 or $832,404.4(i

t

3, 258, 044.lt 115,100.00