Show i COINAGE oOF THE GOLD Will Be Necessary For the Mints to Run Over Time Washington June Secretary Gage sent to the house a recommendation for the appropriation of 250000 for the payment of the wages of workmen and the contingent expenses at the mints in coining gold and subsidiary silver for fiscal with the next fsc year together an elaborate statement of the gold bullion bul-lion now in the treasury and the needs for its conversion for prompt ure The appropriation is to enablethe mints to I convert a large part of the gold bullion now on hand as well as to coin ths I current domestic deposits that will be I made The secretary calls attention to I the 97000000 held in the treasury on June 1 and the apparent necessity for I its conversion intu coin at an early I date to be applicable for disbursement from the treasury in case it should be required Continuing the secretary san sanOf the gold bullion in the treasury 92000000 is held at the assay offices at Tew York and at the mint at Philadelphia Phil-adelphia and to reduce the stock in a reasonable time it will be necessary to run overtime at the Philadelphia mint for several months While the stock of gold bullion on hand at San Francisco Fran-cisco at the present time is about 4 csco tme 500000 it will be increased In July and August by receipts from the Klondike most of which will be deposited in that institution Conservative estimates nlace the amount that will be received from the Klondike during July and August at not less than 12600000 to 15000000 and it will probably be necessary nec-essary to work the mint at San Francisco Fran-cisco overtime for two or three months Especially will this be necessary should I further importations of gold be made from Australia S |