The Mount Holly news. [volume] (Mount Holly, Burlington Co., N.J.) 1891-1942, 1910-03-08
THE WEIGHT OF MONEY
Do You Think You Could Lift a
Fortune In Silver Coins?
IF you DO YOU ARE MISTAKEN
Two Hundred Pounds Of Quarters
Would Give You Only ss,657, While
the Same Weight of Gold Would
Give $54,oso-Weisht of Paper Money

Two Hundred Pounds of Quarters
Would Give You Only $3,657, While
the Same Weight of Gold Would
Give $54,o5o--Weieht of Paper Money
81 wish had all the money ! could
liftp' How many Of the thousands
who make this get-rich-quick wish
have any idea of the amount they
would have If the wish should be
granted Few name the denomination
of the money on which they desire to
test their strength, perhaps believing
that their lifting powers would make
them wealthy no matter what kind Of
money they lifted.
If they were asked how much they
could lift in silver or small bills the
majority probably would name some
fabulous sum which investigation
would show several men could not
bulge. In gold or In paper money Of
large denominations the ordinary In
dividual would be able to lift a fair
sized fortune, but to win a million by
lifting it in anything less than twenty
dollar bills would need the strength
of veritable Sandow.
An official of the subtreasury who is
interested in ODD statistics in his de-
partment was asked how much money
the average man could lift in the vari-
GUS denominations of gold, silver and
paper.
WELL" he replied, "a man could
make money on that proposition If he
could get hold of paper money Of large
denominations, but on the smaller bills,
silver and gold he would not be
millionaire by any means.
'"The weight of money is very de-
ceptive. For instance, a young man,
friend of mine, came in to see me
one day with his fiancee l was show
ing them through my department and
asked my friend If he thought the
young woman was worth her weight
in gold He did think so. most emphat-
ically, and after ascertaining that her
weight was one 107 pounds we fig
ured that she would be worth in gold
coin exactly $2S,647 Her fiancee
thought that would be pretty cheap.
Perhaps more people are deceived
on the weight of paper money than on
the metals. Now, how many one dol
lar bills do you think would be neces-
sary to weigh as much as a five dol
lar gold piece?"
Fifty was ventured as a guess, and
the statistician laughed.
Il have lad guesses on that all the
way from so to 5O0," he said, land
some of them from men who have
handled money for years. AS a mat
ter of fact, with a five dollar gold
piece in one scale you would have to
put about six and half bills in the
other to balance it,
He produced figures to prove that a
five dollar gold piece weighed two
hundred and ninety-six thousandths of
an ounce avoirdupois. An employee
who makes the new bills up in pack
ages of 100 each said that a hundred
bills weighed four and one-half ounces.
That would make one bill weigh forty
five thousandths of an ounce, and be-
tween six and seven would balance
the gold piece.
Figures on the lifting proposition
were furnished from the department
where the money is weighed in bags
as standards. The standard amount
for gold coin. $1,000, weighs eighteen
and a half pounds Five hundred sill
yer dollars weigh thirty-five and a half
pounds, and 5000 in half dollars, or
400 coins, weighs eleven pounds. TAX
ing 200 pounds as a good lift for an
average man. these results were OBJ
tanned: