The San Francisco call., 1896-08-17
Office of Health the medical faculty of the
University of Jena conferred upon the Prince
OUR MONETARY SYSTEM.
Mining and SCIENTIFIC Press,


In view of the large interest taken in the
money question of this country the following
compilation from official sources is of peculiar
interest:
Gold Coin-Weight, 258 grains to the dol
lar; has fineness of 800; no limit to issue;
denominations, $20 $40. SO and 81 so; has
an unlimited legal tender quality; is Teceiv-
able for all dues; is changeable for certificates
under certain limitations.
Gold Certifcates-Issue suspended so long as
! free gold in treasury is below 800, ,000, 900
denominations, $40, 900, $4,000, $1,000, $500,
500, $50; no legal tender quality; receivable
for all public dues; exehangeable at treasury
for gold coin or any other money: redeemable
Silver Dollars-Weight 412.5 grains to the
dollar; ratio TO gold, 988 to /; issue lim-
denomination, 81; unlimited legal tender
quality unless otherwise contracted; receiv-
able for all dues; exchangeable for silver GER
tificates or smaller coins at treasury; may be
deposited for silver certificates.
Silver Certihcates-Issue Tue limited to silver
dollars in use; denominations, $1,000, $500,
500, $50, $40, $40. $2 and 81; has no legal
tender quality; receiva BILE for all public dues
| exchangeable for dollars or smaller coins; re-
deemable in silver dollars.
United States Notes-Issue $346, ,6S1 016 and
in same denominations as silver certificates;
legal tender quality is the same as silver dol
lars; receivable for all dues duties on imports
by regulation only; exehangeable for all
kinds OF money except gold certificates; re-
deemable in coin a. sub-treasury in New York
and San Francisco in sums of $50 or over
Treasury Notes of 1S90-Total issue $780,
044, ,615 and in the same denominations as
silver certificates; legal tender quality is the
same as silver dollars; receivable for all dues;
exchangesble for United States notes; redeem
able in coin at treasury and when so redeemed
are cancelled and retired.
Currency Certiticates-IsSued in $4,000 de-
nomination; has no legal tender quality; ex-
| changeable for United States notes; redeem
able in United States notes at sub-treasury
where issued.
| National Bank Notes-Issue limited to vol
ume OF Vi United States bonds and their cost and
| in the following denominations: One thou
sand dollars, $500, 800, $50, $40, So; has no
| legal-tender quality; receivable for all dues
except duties and interest on public debt; ex-
| changeable for silver and minor coin; redeem
able in lawful money at treasury or bank of
issue.
| Subsidiary Coins-Weight 1858 grains to
| the dollar; ratio to god, 1853 TO /; issue
| limited to needs of the country and in denomi-
| nations of 30 cents, 20 cents and 10 cents !;
! legal tender not to exceed 80; exchanges Bile
| for minor coins; redeemable in lawful money
| at treasury In sums of $50 or any multiple.
| Minor Coins-Silver Scent piece, 7716
| grains; nickel 5-cent piece, rs per cent copper
and 20 per cent nickel; silver 1-cent pieces, 4S
grains; copper cent, 50 peracen copper. 5
per cent tin and zine; issue limited to needs of
! country; legal-tender quality not 10 exceed IS
cents; redeemable in lawful money at tre asury
in sums OF 500 or over.