The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1895-12-11
About $4,000, 900 of Government
Gold That Is No Longer
Here.
DEPOSITS MUST BE WEIGHED.
New Instructions to Treasurer Berry
as to What to Do With Light.
weight Coin.

By some means $4,000 900 or more has
left San Francisco for the East during the
past year without the general public know
ing anything about it..
1t can be figured out like this in round
numbers: When Mr.. Berry assumed the
office of Assistant United States Treasurer
in the Sub-Treasury on Commercial street
there was little over $751;, 900 900 in the
vaults. When President Cleveland and
Secretary Carlisle negotiated the last big
bond deal Manager Sigmund Greenebaum
of the London, Paris and America Bank,
and other representatives of the bond syn
dictate, went to the Sub Treasury with boxes
and sacks full of bright twenties and added
about IS, 900, 900 to the stock of coin on hand
as matter OF accommodation to the Treas
ury Department. The total flow of money
into the Commercial-street institution for
the fiscal year ending July was about $43,-
100000. This foots up total of $50, 600, 900.
During the same fiscal year there went
out from the Sub-Treasury for disbursing
purposes $38. O00,0 600 and there is now in
the vaults $41 900, 900. Adding the two to-
was loaned to the United States Mint on
Fifth street, which increases the credit &C
count to $81, 00000
It was admitted yesterday that about
So, OOO. 900 had been sent East altogether,
but the information was added that the
Government was not doing any shipping
Just now. The income and outgo of the
Sub-Treasury generally balance from
month to month.
Mr.. Berry has Just received instructions
from Treasurer Morgan which will be of
considerable interest to depositors of gold.
Some time ago he was instructed to reject,
besides stamping Eight" all gold coins
presented which were found to be below
the "least current weight" the "least cur
rent weight being gold that was one-half
of per cent light.
y The standard weight of gold coin is
twenty-five and eight-tenths grains, troy,
to the dollar, viz: 129 grains for So; 25S
grains for $10 and SIC grains for $40. 1t
has been the custom 10 allow as a limit of
tolerance lightness of one-half grain on
twenties and tens, and one-fourth grain on
fives. When a twenty is two and a hail
grains light it is regarded as Of least cur
rent weight"
The new instruction are so far favorable
to possessors of lightweight coin as to al
low them to make an exchange, at the Sub
Treasury, because, under the old instruc-
tons, the lightweight coins all had to go
to the mint. Under the new instructions,
gold that is below the 'least current
weight" will be allowed the value of the
coin minus the deduction ON deposit.
They read as follows:
Department instructions of July and
August %, 1886, requiring you to reject and
place distinguishing mark on all coins pre-
sented to your Office for deposit which are
found to be below the least current weight, are
hereby so modified as to instruct you, when
requested, TO accept all such coins at valuation
in proportion to their actual weight, such val
uation to be determined by deducting from
nominal value cents for each grain, troy,
| found below the standard weight OF each piece
| f-Wplpht
/ to be held in the cash OF your Office, separate
| from full-weight coins, and each bag of such