Show VY 6 THE dally DAILY TRIBUNE rU muNE aa bt LAK CITY UTAH MONDAY MORNING NOVEMBER 9 bisbo I 1 richard L colburn Col hurn stock broker room 25 35 W 2nd and south tel rel D H peery jr dewitt B lovestock Lo brokers 10 W ind and 2nd so stocks grain and provisions bought and sold gold on margin marbin in chicago bo bord board rd of trade and N Y stock exchange direct by wire correspondents schwartz dupee cupco co no 2 board of trade chicago III members chicago board of trade and N Y stock exchange and rolston bass 16 broad et N T Y members N Y stock exchange assay for silver we sold and nd F allver ivar gold eold silver and lead ead 1 T 11 II korty co assayers assa south temple blanks books to order tho the F W gardiner co telephone W 1st ast south the constitution and enabling act in pamphlet form at tribune office price 10 cents THE MINOR COINAGE much money in circulation which is neither gold nor silver in tills this years controversy over gold and sliver silver coinage at tho the ratio of 0 li 1 to 1 or any other says the new york S sun un al all I 1 con consideration aid er a t I 1 on of minor coinage and the minting ot of metals not considered precious by the treasury tica sury officials lias has been largely sidetracked yet ot of such minor money neither gold nor r silver liver nor bilag there was vas nominally outstanding at the beginning of 0 the present year though how much was actually outstanding if 1 not perfectly clear for alth the lapse ot of time there Is always a largo loss of minor colasi coans as there is 1 of paper currency whereas gold and silver especially ally the former are arc practically indestructible the great bulk of the minor coinage of the united states llo however ever Is still extent extant there tire are first ot of all the scent S 5 cent nickel pieces composed ot of 76 per cent copper and 25 per cent nickel though called nickel pieces piece to tile the amount of these 5 cent pieces began to be coined in anti since ira they have been legal tender vp up to 25 2 cents centa then there are the 3 cent nickels the coinage of which was begun in march 1865 and was discontinued in september 1890 they weighed thirty grains each and are arc composed its 03 are the 6 1 cent pieces of 75 per cent copper and per cent nickel tho total value of 0 these 3 cent coins Is 19 less than a million dollars they are legal tender up to 25 cents then come in the declining scale tho the 2 cent pieces coined between and 1873 1872 and not since they were and are rather large weighing as some old readers of the sun III concur in believing 96 grains each these 2 cent pieces were ot of bronze composed of 95 per cent copper and 6 per cent of tin and zine zinc to together gethen there are worth ot of them still outstanding there are three geades ot of pennies known to the treasury department delai ament 0 of the united states and government mint first chief and most fa familiar m filar are tho the ordinary bronze penn pennies les such as one pays for sri an sun sull for instance the penny M ith i the ind indians i a s boad on one side and tho the shield of the united states a laurel wreath some arrows and the words one cent on the other these pennies belg weigh 40 grains each and are composed as were vere the old 2 cent pieces of 95 per cent copper and 6 5 per cent of 0 tin and zinc C mixed they axe are legal tender up to 25 2 5 cents and there tire are of them outstanding they date back their or origin to isail and continue tobe coined by the government is as convenience or necessity requires then there are th nickel l pennies of lillish color which antedate the beginning of the civil war having been authorized by act of congress lo in 1857 1957 their mintage was susn suspended ended in hut but notwithstanding tills this there are are still more than llian worth of them tile outstanding bearing always it ma may be noticed dates dated eailler than 1864 they are called nickel cents but hao bae really only 12 per rent of nickel to SS per cent of copper the oldest of 0 american cents are lit in fact not cents at all but coppers their coinage was provided tor for in 1792 and they had the cumbersome 1 eight of grains each S subsequently u tilts was reduced to and ultimately to grains but even at the latter rate the old fashioned penny or copper is in recalled as a cumbersome affair it was made of copper and though the coinage of 0 these coppers was discontinued in ISS there were at the beginning of tile the pre present sent year of them outstanding the copper pennies date back more aan alian a century but there Is an american colhof coin of contemporary origin which la Is rarely if ever seen nowadays S and in tile the scale of valli rank before even tho the old fashioned copper penny it 1 li 15 5 what hat Is known BS as the coppey copper halt half cent the coinage of those these copper ha pennies was authorized by act of Con Coner gnass rss in fit april 1732 1792 and they weighed wc lilied 01 ga grains ains or of about three times limes as mu h as tile hie pennies I 1 now low in ill use two tw 0 of lip biad I 1 ad tile the same ill R 4 a penny fiat the two wished six times more than the penny of today subsequently their weight was reduced until at last it alas got down to lo 84 grains each cach and ultimately iii 1 issa I 1 the coinage of thom them was wag abandoned aban tInned there are now less than of the h hapenny a p e nay coppers 0 outstanding standing it and it Is generally that most of thein havo have been loit for certainly they are rare rarely Y seen beef in active use |