Show Sato of Gold Bars Washington Jan 25The secretary of the treasury has authorized the sale of gold bars for export on payment of a premium of of 1 per cent to cover the cost of manufacture and transportation transpor-tation and this morning 1000000 was taken on these terms There was also withdrawn 3800000 in coin and 900 000 additional was engaged for export tomorrow making a total tip to noon of 5700000 This leaves tho gold reserve re-serve 58024428 and the amount of gold coin on hand above the amount of outstanding gold certificates 10 912280 Treasury officials however do not regard the amount of coins received re-ceived on deposit for certificates as sacred to their redemption but will continue to pay out gold on demand for legal tenders It as deemed amply sufficient when there is enough gold in either coin or bars to meet the demand de-mand on gold certificates While the situation is regarded as a very trying one there is no thought of anything so serious as to involve the credit of the government which the secretary will fully maintain at all hazards |