The evening times. [volume] (Washington, D.C.) 1895-1902, 1900-12-24
NEW COINS FORPRBSEBNGSS
An Unusual Demand for Uncle
Sans Yellow Boys.
Quarter Eagles Called for More Free
quentIy Than Any other-GoId
Dollars often Requested. But Rare
iy issued. Because No Longer Cur
rent-Pressure for Paper Currency.

The pressure for Christmas money IS
being felt az the Treasury of the United
States with as much keenness as il prf-
yate homes There has never been
Christmas when the call vas so great
for bright. new gold coins. for the pur
pose OF Christmas presents. Just Why
the movement is so many times greater
than in other years is not exactly IN
ders4ood, unless il be that the frequent
discussion OF the Cold Standard law and
the influx OF gold into the United States
has attracted attention to the yellow
metal from persons who have hereto
fore forgotten its existence under the
food Of paper and silver money in daily
use
The chief can has been for quarter
eagles, and it Is estimated by the officials
that $50, Geo n this form has bseR ship
ped to different spp-Treasuries. where
the demand OF precious years has been
fer only a few hundred dollars. There
are considerable calls, also, for half
eagles, and some for full eagles of $40.
There are demands from time TO time
for gold dollars. but these cannot be met
freely under existing law. Their cSin-
age was suspended, along with the three
dollar pieces. some ten years ago, and
only a few are held by the Treasury.
dating back TO that time. as souvenirs.
These are never issued more than one at
time, and their issue is surrounded
with good deal OF red tape
The two-and-a-h alf-doIlar piece is now
the smallest gold coin issued, and upon
this seems to have concentrated the chief
demand for modest Christmas gifts in
the form of money. The issue of the
geld pieces, especially in small amounts,
puts a good deal of work upon the
Treasury, but all calls are cheerfuiy
net, and bright, new coins are furnished
when desired.
The amounts called for in this way have
not been large enough to affect materially
the gold reserve but the total gold IN the
Treasury has remained nearly stationary
for the last week or two. The amount is
about the maximum in the monetary his
tory Of the country but the upward march
from S476, 600, COO which is about the pres
ent amount to the expected total OF $780,
0o0.e00 has not been rapid this week.
The pressure for small paper currency
has also been keenly felt AT the Treasury
during the Christmas seaso:. Demand for
81 and 81 silver certificates has been such
that the free silver against which they
can be issued has fallen to the pa1try sum
OF 1926, 423. There are about four and a
half millions in silver certificates. hut
they cannot be Cancelled CT issued on spe-
ciai demands because they are mostly
scattered in small amounts in the current
cash OF the various Sub-tTeasuT5es
There is always a considerable demand
for small notes at the Christmas seasan.
which is independent of the demand fer
moving the crops in the South and West
The latter movement is far from having
reached its limits. and has been calling
for S100,e0e 10 S200, b90 a day Cor New Or
leans
It is hoped that the suspension Of the
Christmas actiTity will enable the Treas
Ury to replenish its funds of small money,
Just as many parents hope To FePIenish
theirs, but the pressure for such money
has been almost constant for the last
satisfy