The tribune. (Rich Hill, Mo.) 1900-1902, 1902-08-07
Lst. q r..r,..

You would think that a large post
lohice would take In through SIS stamp
windows o pennies than 81 payE
oct but the contrary r. the case nzld
a clerk Ia the Washington city oaiss
recently.
I often have e exchange silver foi
pennies In the afternoon with the
newsbOys on the front steys OF he
DostoGice department building ard We
are always ready 20 accommodate the
boys Hheu they offer their nlekles ana
ldimea In this way theA pennies the
reople pay are al once thrown into the
mighty stream Of circulation, as /
often pay out over 500 pennies n = day
more than ] take In In fact we AZ all
times keep q reserve stock o. the
handy little copper coins
Yes I know that many people sup
pose that We receive pennies largely IN
excess Of what We pay oat, the idea
originating no doubt because those
who hand In pennies for stamps nav
suppose that a majority OF the sales e
thus paid for. have sold a single
penny postage stamp q 2-cent stamp.
a penny newspaper wrapper OF q single
postal card and received q go bill &C
change IN short, the stamp window
OF a post0aice Is really a place for
changing bills Of all denominations
and silver coins. especially on the de-
psrtment pay days, when the large
bills drop in here ike the dry leaves n
the fail"
A treasury Official said that there
was a large demand for pennies from
all over the eoantry, but there vas nc
scarcity OF me ooin.
During the lRsS calendar YEAR 10
said we have put into circulation
about fo5A.eQo pennies. and the aver
age yearly output IL about e5,o0aOb0
Beginning with August the mint IN
Philadelphia, vhich Is the only mint
where pennies are coined. viii begin e
turn them out by the millions TO rseet
the demand for the fall and holiday
trade We have greatly increased our
facilities for coming pennies and Ee
nov have ten presses with which ~
coin gold and silver pieces for ooppa-
coins We buy the copper 10 strps BY
the a~voirdupois pound. ana one pres
can strike Of 100 a minute. or We ran
turn out Ia a day OF seven and a half
hours about 100000 pennies
Pennies disappear like plns-no
enc knows where they 20. but they 40.
a. may be judged when Il Is rsnem.
bcred that Fe have coined In Ell To-
6e0.Coo,ooo pennies. The old waits
eagle pennies. which few Of The present
growth OF small boy have seen. are
redeemed when turned Ia ana MADE in
20 nickel pieces, which, by the way.
are more copper than nickel As shey
ARE made o. an aiioy % rs per cent
copper and g per cent nickel. Around
the holidays and before the eominK Of
the circus Into town. the pennies are
boarded by the small boy All over tie
laEd by the millions one Washington
boy ~ my acquaintance having arop-
ped into his little home hank SC Ia
pennies 10 so 10 a savings bank TIE
railroad companies and ether corpora
uons and nrms Who receive peanlas On
quantities turn them into the treasury
Ia haEs sub5er 10 count ana they aro
redeemed in currency. There are nm
told numbers % pennies an over the
country In the hanks % eh1iaren,
whiCh are withdrawn tempoFarIly from
/ circulation cpople % n0t like 10 re.
cciee pennies Ia change. yet because
they DO not like 70 carry them in "a
pocket onen have % 50 out OF their
way and 10 mach troubie 20 secars
them when needed -WaShtnFtoa
Star.