Cheyenne Weekly Leader in Cheyenne, Wyoming

Treasury reports bonds backing currency and notes

Washington on February first the comptroller of the currency released figures showing national banks held 348,989,200 in bonds as security for circulating notes. of this 67,961,650 were six percent bonds, 184,856,300 five percent, 43,578,550 four and a half percent, and 52,542,700 four percent. National bank circulation outstanding stood at 322,930,849.