The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1842-07-07


EalL of Ell gland -
B,sK or ESeLA,p, June II.
1.-THE pnblic AFRO informed tht light gold coin, in
amounts from SO 20 $40 will BE received il the Ro;unda
nnil 90 9th ofJuly next, after which period that Of
bee VA be required for the Of dividends,
engagements will be made 10 il .sew here such
Amounts be found able And until iu rther
notice, from $50 to fogo will bs received In the
heu ma nom 900 ana upwarps in the Bu!lion-ofee"
This announcement Was Immediately taken advantage Of
Ly 'psoae.ors who nduriously spreal
rspor that sovereign. hal been cale iss sud that
san.ty they would aot be taken ,han l5s. This
csus great dlres' shop kcepers refused take light
soveresas, AMI TIE utmost difficulty existed in ascertain.
ms he weight V soon discovered bv trials OF the
coin a; .he Bank OF Englrnd, that IL, loss does
really eYtcsi 2i. This Average. is said was taken mp.
On upwards of 1000 soVeregns sent into the Bank. The
an pc. of 80 rs Tod per gives the ya. Of the so.
rereign Of eos at ic3. grains whereas The sovereign
ofIali Standard value a. 1921 grains BY w'ghng
Wy ami light together, and then taking the aggregate
deficiency thsra is los, by the holder Of OF
grain equal 70 nearly I'D The Of the difference
alluded is the allowance ma for abrasion; or other
words hs sovereign is Of full standard alue according to
the act OF pdliameat Of grain ligbcr than the Mint
standard i al that weight ss legal tender and the half
soYcreign in proportion. The London bankers have
for0lby experience that the average Of the light sovc
reas very small fraction above 81 each, and the
ht.'oyereigns possible 81 each. They there
FORA TO facilitate business the resolution ef taking
their chance Of he exchange from the Bank of England
or about 50 900 sovercigns presented 1900 found
TO 1e light, mostly Of The coinage OF a-3o
In 1897 3c2 1921 of gold son ndered in London
OF which, lobS-ji was rejected light while the
year a. me branches ~ the gsnk OF EAgand $50 55o
was tcnd.rcl ant o3 O03i rejected the same nc.
ccuat. y Gown and country:-ln 1888 was rendered
sra 3l .o55-rceced 81 1913 sO; in 1890 as rendered
ZIG o3s1-r.-cted c9759,ils in 1919 was rendered
al SGT eereeeei ;ss 635 It 10 calculated that gold
Circulation 20 about 10 600 oooi and is pretty
certain tina, about hais light which win be loss
the public oa per cent upon the amount Of 5000 0oO
upward, Of COOL In l3s wears iron 1870 the
gold coin-l in England from 1900 TO 1883 COOL
In s3 the gold coined oooi sterling; and in 1888
l291, oc0L new coinage will be Immediately struck
the Master CT the Mint has received notice from the
Chancellor Of be Exoheluer that government will call
ia he gold coinage from 1917 up ls3s-on what
tons snot yet aael There appeared TO be but little do
ng in The continental exchanges which in Of
England
In American funds but little doing Indiana So 20
s2O. Lou.ana SIS 81 g. sales 5000 New York state So
ls49 70, $1,000 Ohio Treasury Loan IS a7t 4s, United
States Bank l5aIs
Tha stock market hero was very heavy to-day. Sales
were male and prices gene ally gave way Indiana IS
irer cent, Mohawk !. Harlem increased /.
The .oowng acomparativs statement of the tolls
osiveJ all the hio Cansls from November TO May this
war end Inc last