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There exist ample $5, $10 and $20 gold pieces. But a $2.50 piece appears just as big to a Christmas recipient. So depositors clamor for the smaller coins. This year the Treasury minted 388,000 of them and distributed them among the 12 Federal Reserve Banks. And not even at the request of many bankers would it mint more. In the New York Federal Bank district, members last week could only get ten $2.50 gold pieces each. Bonuses. Banks and investment houses are notorious for the low salaries they pay their clerks. Handsomest presents reported last week were First National...

Author: /time Magazine | Title: Business: Christmas Presents | 12/26/1927 | See Source »

...order of His Majesty, the Royal Mint will, on Dec. 1, issue a new series of silver coins, the first general restriking of silver coins since 1816. A feature of the order is the re-introduction of the crown (about the size of a silver dollar, worth about $1.20), or five-shilling piece, which has not been minted since King Edward VII's coronation. Beside the crown (cartwheel), there will be three-penny pieces (thripney bits), sixpenny pieces (tanners), shillings (bobs), two-shilling pieces (florins) and half-crowns (two shillings and sixpence, also known as half a dollar...

Author: /time Magazine | Title: Foreign News: New Coins | 11/14/1927 | See Source »

...burning Marshal Joffre was represented by an aide, Major Desmazes who arrived briskly at the Mint last week, with several bearded senators. A blast furnace intended for melting silver was started, and into it workmen shoveled paper which had once been valued at the par equivalent of $4,000,000. The blazing heat and tedious length of this ceremony were deemed by physicians unsuitable to the health of massive Joseph Jacques Cesaire Joffre, aged...

Author: /time Magazine | Title: Foreign News: Bonds Burned | 7/25/1927 | See Source »

...year. As the last whoops of one carnival die out in the warm spring breezes off the Gulf, diligent managers are promoting the program for the ensuing year. They call in artists, discuss costumes and motifs; they plan and plot, calculate. The show must go on! It is a mint. Then there is the tradition which must not be overlooked...

Author: /time Magazine | Title: Miscellany: Fat Tuesday | 3/7/1927 | See Source »

...regrettable fact, however, that in the South as elsewhere there will always be dusty coves into which the new message--grown a little stale in the East by now--will never penetrate. There are houses where a copy of the Mercury has never been seen; where mint juleps are still to be obtained, but where, on the other hand, the residents have felt not call to assassinate their paster. There may be found the works of Joseph Addison, a social critic who wrote as a gentleman for other gentlemen, and who will be read is such dark corners long after...

Author: NO WRITER ATTRIBUTED | Title: KATZENJAMMER KID GOES SOUTH | 2/17/1927 | See Source »

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