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394
JAPAN BY THE JAPANESE

Currency.
Amount of Circulation at the End of December of the Respective Years.

Year. Gold, Silver,
and Copper
Coins.
Banks of Japan
Notes.
Government
Notes.
Notes of
National
Banks.
Total.
Yen. Yen. Yen. Yen. Yen.
1890 43,393,236 102,931,766 33,372,714 25,810,720 205,408,436
1891 42,381,809 115,734,545 27,886,721 24,869,508 210,872,583
1892 46,224,003 125,843,363 20,826,244 23,890,509 216,786,119
1893 50,672,072 148,663,128 16,407,000 22,756,119 238,498,319
1894 62,711,242 149,813,700 13,404,547 21,781,797 247,711,286
1895 69,737,986 180,336,815 11,129,224 20,295,864 282,000,811
1896 76,185,729 198,313,896 09,376,172 16,497,889 300,373,686
1897 91,765,257 226,229,058 07,451,098 05,024,729 330,470,142
1898 80,941,508 197,399,901 05,411,726 01,866,563 285,619,698
1899 82,140,050 250,562,040 04,125,783 336,827,874
1900 89,460,356 228,570,032 318,030,388

Note.—Under the item of Coins is shown the amount of coins existing in the country less the special reserve.

Cheques.

The number of cheques in circulation has increased enormously in accordance with the increase of commercial transactions and with the better equipment of monetary organs. In 1890 the total cheques cleared through the clearing-houses of Tokyo and Osaka amounted only to 57,450,000 yen, but in 1896 it went up to 555,830,000 yen. Since the new clearing-houses were established at Kobe (1897), at Kyoto (1898), and at Yokohama (1900), the cheques cleared through these clearing-houses had increased in 1902 to 2,937,891,319 yen.

Amount of Bills Cleared.

Year. Tokyo. Osaka. Kyoto. Yokohama. Kobe. Total.
Yen. Yen. Yen. Yen. Yen. Yen.
1890 1,020,206,094 032,247,779 0,057,453,874
1891 1,067,595,422 039,122,481 0,106,717,903
1892 1,113,576,594 049,610,048 0,163,186,642
1893 1,148,018,871 063,600,639 0,211,619,510
1894 1,185,597,497 067,543,805 0,253,141,302
1895 1,289,102,424 079,654,115 0,368,756,539
1896 1,417,425,507 138,409,334 0,555,834,841
1897 1,552,890,211 160,967,474 027,633,167 0,741,490,854
1898 1,790,247,455 225,940,577 069,034,032 100,843,119 1,186,065,185
1899 1,095,805,416 376,853,276 133,616,954 115,914,379 1,722,190,027
1900 1,405,449,664 523,552,744 167,566,438 348,306,774 168,228,768 2,613,104,391
1901 1,168,702,079 528,122,083 145,905,182 390,516,606 202,658,853 2,435,904,803
1902 1,350,791,666 663,659,703 155,657,015 416,126,576 251,656,959 2,937,891,319