NEW ENGLAND BILLS OF CREDIT OUTSTANDING
Year	*Massachusetts	Rhode Island	Connecticut	New Hampshire	Total	Including Boston Merchants' Notes
1703	6,431	0	0	0	6,431
1704	17,675	0	0	0	17,675
1705	29,455	0	0	0	29,455
1706	31,124	0	0	0	31,124
1707	40,825	0	0	0	40,825
1708	57,003	0	0	0	57,003
1709	66,364	0	0	3,000	69,364
1710	86,648	7,000	13,739	5,500	112,887
1711	103,426	13,330	18,687	7,500	142,913
1712	169,022	13,300	23,637	8,000	213,959
1713	173,970	13,300	24,178	8,000	219,448
1714	152,126	12,198	22,876	9,200	196,400
1715	171,760	51,948	22,490	8,335	254,533
1716	157,062	51,948	23,681	8,335	241,026
1717	231,875	50,225	20,433	8,335	310,868
1718	217,510	48,837	20,080	22,435	308,862
1719	200,660	47,685	19,822	22,345	290,512
1720	189,906	46,826	17,828	22,299	276,859
1721	182,194	86,541	17,487	21,381	307,603
1722	235,100	85,854	17,499	24,993	363,446
1723	260,087	85,211	16,832	24,635	386,765
1724	289,984	84,726	14,663	26,314	415,687
1725	325,188	84,403	12,198	24,611	446,400
1726	358,140	84,247	7,975	27,567	477,929
1727	338,658	82,387	10,274	28,353	459,672
1728	356,388	129,370	9,220	27,375	522,353
1729	344,423	128,861	6,738	27,308	507,330
1730	** 335,323	128,063	** 4,381	27,155	494,922
1731	327,786	186,065	4,667	27,155	545,673
1732	310,520	192,729	2,554	26,200	532,003
1733	290,640	292,197	52,024	25,207	660,068
1734	352,588	289,669	52,459	24,840	719,556	829,556
1735	339,054	287,618	52,799	22,783	702,254	** 812,254
1736	359,211	285,021	51,228	21,783	717,243	** 827,243
1737	360,000	280,979	55,714	27,319	724,012	801,012
1738	375,815	280,979	54,226	24,989	736,049	813,049
1739	365,237	376,202	50,883	22,985	815,307	892,307
1740	326,412	370,035	## 168,137	23,677	## 888,261	## 932,261
1741	359,919	466,061	# 153,098	23,677	1,002,755	1,046,755
1742	383,118	455,435	149,450	38,760	1,026,763	1,070,763
1743	447,564	454,797	146,381	43,880	1,094,365	1,138,365
1744	456,427	609,082	204,405	142,277	1,412,191
1745	818,143	642,258	322,623	250,277	2,033,301
1746	1,581,910	684,295	511,943	488,879	3,267,027
1747	2,142,725	723,053	507,917	480,439	3,854,134
1748	2,323,225	736,047	500,128	475,480	4,034,880
1749	2,456,678	620,600	480,855	475,480	4,033,613
1750	2,304,394	579,891	476,672	475,480	3,836,437
1751	160,144	795,811	379,844	475,480	1,811,279
* In circulation at end of May # From 1741 to 1751, the sum outstanding on the Loan of 1733 (49,975 O.T.) and of 1740 (77,000 O.T. terms) was estimated, using the Massachusetts experience in drawing in the 100,000 O.T. Loan of 1716 as a guide with some alterations in the case of the two installments of the Loan of 1740. ** Incorrectly stated in original typewritten MSS, corrected by editor. ## The number for Connecticut was transcribed incorrectly in preparing the tables for Currency of the American Colonies, and the error repeated in the MSS of this paper. Sources: See Brock, Currency of the American Colonies, pp. 592-3.