The daily morning journal and courier., 1906-12-21

even the infinltesimal particles of gold dust is worth the time and labor is at- tested by the number of reineries here says the Attleboro Sun. The output from the refneries alone amounts to figures in a year that would enable an ordinary man to retire from active work with fortune.
 The Government, however provides the greater part of the raw gold for the use of the manufacturer. For a long term of years there was a steady drain on the gold coin circulation, caused bp the using of the coin by jewellers as raw material. The fact that the Government turned out coin that after passing through the Government assay office was of p karat fineness, only two karats below the pure gold standard, and which also had been worked over, the silver and copper forming the alloy thoroughly mixed in the gold before the coin was minted, made the gold coin particular ly inviting to the jeweller.
 There was no trouble to the manu- facturer when the gold coin was used, as the alloy had always been com binad with the metal and all that "as necessary was, if indeed, to alloy suffi- ciently to bring the gold down to the point required.
 Then, too, it did away with con- siderable bookkeeping and the tying up of a considerable amount of money by the small manufacturer in the raw material. There was some difference between having $40 or $6O represented by two or three double eagles in stock and having a bar or brick of gold worth from $20O to $500, according to size
 It meant working with a small stock 1t is true, but considerable space can be filled by a $2O gold piece, and the Government was never failing source of additional supply. Later the Government made up the pure gold in brick or bar form and 1t is in that shape that the greater bulk of the supply is now found.
 Thousands of dollars pass between the banks and the manufacturing jewellers in New England in the f2rm of bars of gold, the bank handling the bars for the benefit of their customers. The bricks vary in value according to weight from $2OO to $500, and come with the Government assay office stamp as a guarantee of purity and tineness marked upon them.
 The handling of this valuable sup |, in ot with any ostentatious display of guards in going to and from the banks. A $500 bar of gold can be slowed safely in the coat pocket, wherein it is com paratively inconspicuous, although trif1e weighty.
 The United States Sub Treasury sends a considerable amount of gold bars direct to the manufacturing jeweller. The express companies often have large fortune in their care, transporting bricks to the value of many thousands of dollars to the lar=e establishments.
 The amount of old gold that finds its way into the jewelry shops would be astonishing if the total could be as- eertained. It is impossible to obtain definite figures relative to- sources of supply, but one manufactures stated that there is large amount of cld jewelry utilized each year, he himself handling old jewelry valued in the thousands.
 The imperishaible nature of gold, with it's steady standard of value is exemplifed in the disposal of stolen jewelry by thieves to fences" as the receivers of the proceeds of burglaries and robberies are styled. A few hours in a crucible after the stones have been wrenched from ring or brooch finds the golden circlet or elaborately designed breastpin melted into shape less, unrecognizable mass that Is easily disposed of through any one of many different ways,