Show GOLD QUOTATION IS HELP AT Senate Takes First Step in Money Reform Program WASHINGTON Jan 16 A P glance at today's mone money situation The treasury offered an ounce for newly mined domestic gold putting the gold dollar at 60 per cent of its legal value Secretary l was called as the first senate banking committee commit commit- tee witness on the administration bill to capture the o of federal reserve bank gold revalue the dollar dol dollar lar between 50 and 60 per cent of ot its present gold content and set up a 2 stabilization fund for regulating regu lating currency and credit Senate Republicans heeded a caucus caucus cau cau- cus summons to discuss Roosevelt money recommendations I gave gold old holders until Until un til midnight tomorrow to turn in their metal under penalty penally o of heavy fines He said had been received re rc since his December 28 order Federal mints were authorized to receive consignments of gold not held in violation of ot orders |