MONEY AND CREDIT

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In 1910, the public roads of the KingrJom of Hniigary had a length of r)7, 926 miles.

The followins; are railway statistics for 1911 : —

Length of lines :— State lines, 5,045 miles; Companies' lines worked by the State, 5,898 miles ; Companies' lines worked by companies, 2,091 miles; totallength, 13,034 miles. Capital expenditure (1,000Z.), 185,096 ; passengers carried (1,000's), 153,800 ; goods carried (1,000 tons), 78,760 ; receipts (1,000Z.), 21,942 ; working expenses (1,000Z.), 13,818.

The following are statistics of the Hungarian post-office for three years : —

Number of offices Letters and post-cards (1,000's) . Newspapers (1,000's) . Samples and printed packets (1,000'.' Money and postal orders (1,000's) ,, ,, value (1,0001.).^

Parcels and money letters (1,000's)

1909

5,986

523,159

180,542

102,348

28,245

68,176

34,243

1910

6,152

549,286

197,218

118,388

29,214

70,860

36,417

1911

6,331

586,329

212,995

122,985

30,502

74,882

39,349

In 1911 there were in Hungary 4,765 telegraph offices and 15,928 miles of telegrapli line with 93,032 miles of wire ; number of messages 12,673,000. In 1911 there were 89 urban telephone systems and 44 inter- urban circuits (joining the capital, and 43 other towns and neighbourhoods among themselves and to Vienna, besides connecting Budapest directly with Berlin), with altogether 222,457 miles of wire, by which 183,184,487 conversations were held. ^^

The united postal and telegraph receipts amounted (1911) to 92, //5 thousands of crowns, and the expenses to 75,743 thousands of crowns.

Money and Credit.

Coinage of the Hungarian mint (in thousands of crowns):—

—

1906

1907

1908

1909

1910

1,000 crowns

1,000 crowns

1,000 crowns

2,770 5,090

9,715

4,03fi

330

1,000 crowns

9,175 5,738

5,295

1,722

382

1,000 crowns

20-crown 10-crown

Silver Nickel . Bronze .

7,032 7,458

3,880 7,522

3,003 250

(53

1,25(3 18,284

5 ti

During the period 1867-1911 the total gold coinage amounted to 695,788 thousands of crowns ; the silver coinage to 299,026 thousands of crowns ; and the fractional coinage (small silver, copper, nickel, and bronze) to 58,360 thousands of crowns.

On December 31, 1911, there were in Hungary 1,984 savings-banks and other Imnks with a total nominal capital of 1,409,649,000 crowns ; 3 mortgage- banks with nominal capital of 200,000 crowns; and 3,845 co-operative (alliance) banks. The liabilities and assets of all the banks were (1911) as

follows (in thousands of crowns) : —