US notes | Subsidiary and |Gold | 337,000,000 | minor coins | | 9.

Treasury notes of| Silver and |Gold | 2,200,000 1890 | minor coins | | 10.

National bank |Subsidiary silver|Lawful money[b]|761,000,000 notes |and minor coins | | 11.

Federal reserve | Gold[c] |Gold[c] |133,000,000 notes | | | -- ----------------------------------------------------------------- Total[g]...........................................3,792,200,000 [Footnote a: "Lawful money" includes gold coin, silver dollars, U.S.
notes, and Treasury notes.] [Footnote b: Redeemable also in lawful money at bank of issue.] [Footnote c: Redeemable also at Federal reserve banks in gold.] [Footnote d: Not usually included in the estimates of total money in circulation.] [Footnote e: Represented dollar for dollar by gold kept in the U.S.
treasury.] [Footnote f: Represented dollar for dollar by silver kept in the U.S.
treasury.] [Footnote g: Besides, there were about $312,000,000 in the U.S.
Treasury not offset by outstanding paper.

The total money stock (in circulation and in the Treasury, eliminating certificates representing gold and silver), was about $4,233,000,000, of which 70 per cent was metal (largely represented in circulation by paper certificates) and 30 per cent was paper.