True American. [volume] (New Orleans [La.]) 1835-18??, 1839-11-26
ENCllANGE-FRoM OFFICIAL SOURCES
MEMORANDA

Tho American dollar contains 81 Ii grains Of pure
silver, or ll6 grains of standard silver
The Spanish dollars not all of the same weight
Those in circulation in 1879 said bv the director
I" the mint to he wort ON an average, 100 cents three
mills.
The Mexican dollars said to be equal to the
Spanish.
Tho "Curnlus dollars are the Spansl, dollars coined
prior the 1909, in the regns of Charles NJ and
". They sad /" be superior in the weight und
tim'ha to the Mexican
The American eagle Of til. oil! coinage, pre-, ions tn
the 2l>t July, lG 4, tanned PAT - grains Of pure
| gold
The American eagle of the new coinage contains 2sl
| grains OF pure gold
The British sovereign, when coined. contains liz
grams and 1924 parts Off grain f pure gold, won't,
according to our present mint valuation 1877 7-l20.
The Spanish donbluOn should. aCCortn tie ,cgu
lnti"ns which have no'nnay prevailed since the yea,
l72 contains $40 grains Of pure gold, which would,
our mini valuation be worth l6 dollar 20 cenls But
according to made the london and PhIa,rl4
phia minis, previous the year 1889, Spanish houh
lions contained only from 1863 6. 10 grams Of pure
gold This would make their average, at mint
| Aauation $l5 Sc Sd.
The Patriot doubt 'ons said to be equal in weight
and filenc-s to the pnnlsh.
The difference in the price of Spanish and Patrio
dnuhoous, and of the different species of dollars,
New York and Phlrdalpha is chiefly owing to df.r-
rnce of demand for them in f,regn markets.
In the price currents - "A 40 are assumed the
par Of exchange on Eng land. This practice hegar
when the Spanish ,illnr dollars in circulation,
when hr market val:ie of gold cnnpnr Ell with silver
was less than it is at present The true Inr varied
the market vane of gold varied, when compared with
silver. 1t estimated hv Mr.. tinllnn, wiring ir
1879, ut per cent. above the nominal par by Others
8 per cent.
Since she passage of the of 1894 for reforming the
American gold congr, the tine par exchnng" will
England, estimating gold against gold is about II
above the nominal par.
| The quotations oIrx'hnncr on France man>
francs and crnnrs payable in France for dollar pair
here. According 10 the regnlntiun- of the French min
the silver franc sh"n!d contain 60 ,ny graf ofpur,
silver, r1ni, nIcr Is 708 1000 in silver curen
Of the United States. The qunnt,v If pare silver
an American dollar is equal u ,hatin frames 81 5}4
1000 cenimes. But tnrcgn coins are no, lega
tender in France, and srignornee Of about l. ,c
is chnrgrd on silver coinage the Frrnc: mint
American dollars, when sold lniIion in 'r,nce, AZ,
said I" bring. ON average, NJ" nure thar fiancs Il
25-lO0l crnnes. Ih. is, hv writer's, aSsl,rt
as the pn, Of exchange France. Other writer's as
tons Of exchange on Holland arc so many cents
/ on Rrenirn rix dolnr.
The rxar' value of the Calder of Holland is 60 o.
lNO cents OF United States s.lvrrrnrenry; but 40
are usual, assumed a the par Of rx, hun!e.
The mark h,ncn ot Hamburg i. II money of prcnu,i
equal to 81 liluNO rruiS United States curenrs
The r ( dollar It i;rrman is II money of nrcnun,
equ,l 10 20 cents and Il SMALL ilnc,nn L. State
currency.
I The quotations OF tor"i.n exchanges are for bill
payable sixty DAYS nrr light.
| Tie quot tons of do nestle exchange are for bill
/ payable Al s,gh..-Price current.