LETTER OF INSTRUCTION. TREASURY DEPARTMENT, OFFICE OF THE SECRETARY, Washington, D. C., January 2, 1904. To officers of the customs and others concerned: The within decisions of the Department (including those under sections 13 and 14, act of June 10, 1890, by the Board of United States General Appraisers at the port of New York) upon the construction to be given to the various acts of Congress relating to the tariff, administration of the customs, navigation, etc., are published for the information and guidance of officers of the customs and others concerned. The decisions of the Board of General Appraisers sustaining protests take effect at the expiration of thirty days from the date thereof, unless in the meantime appeal has been taken under the provisions of section 15 of the act of June 10, 1890, on behalf of the United States. Action under the decisions from which appeals have been so taken will be suspended until the questions involved therein shall have been judicially determined. (See circular of November 15, 1890; T. D. 10369.) Decisions for publication rendered by the Department and the Board of General Appraisers are issued each Thursday. LESLIE M. SHAW, Secretary. III TREASURY DEPARTMENT, BUREAU OF THE MINT, Washington, D. C., January 1, 1903. Hon. LESLIE M. SHAW, Secretary of the Treasury. Country. SIR In pursuance of the provisions of section 25 of the act of August 28, 1894, I present in the following table an estimate of the values of the standard coins of the nations of the world: (a) VALUES OF FOREIGN COINS. Argentine Republic. CUSTOMS. gary. (24127.) Values of foreign coins. [Circular No. 1.] Belgium.... Bolivia.. Austria-Hun- Gold...... Crown British Hon- ! duras.... Guatemala.. Honduras.. Nicaragua.. Salvador. Chile..... Standard Monetary unit. Gold...... Peso........... Gold...... Franc. Silver.... Gold...... Dollar... British Possessions. N. A. | (except Newfoundland). Central Ameri can States Costa Rica.... Gold...... Colon... Gold...... Dollar. Value in terms of U. S. gold dollar. Silver.... Peso.. Gold...... Peso..... $0.965 .203 193 361 .546 1.000 465 1.000 .361 .365 Coins. Gold: argentine ($4.824) and argentine. Silver: peso and divisions. Gold: former system - 4 florins ($1.929), 8 florins ($3.858), ducat ($2.287) and 4 ducats ($9.149). Silver: 1 and 2 florins. Gold: present system-20 crowns ($1.052); 10 erowns ($2.026). Gold: 10 and 20 francs. Silver: 5 francs. Silver: peso and divisions. Gold: escudo ($1.825), doubloon ($3.650), and condor ($7.300). Silver: peso and divisions. a The coins of silver-standard countries are valued by their pure silver contents, at the average market price of silver for the three months preceding the date of this circular. Silver: boliviano and divisions. Gold: 2, 5, 10, and 20 colons ($9.307). VALUES OF FOREIGN COINS-Continued. Egypt........ Gold...... Pound (100 pias ters). Gold...... Mark.. Gold...... Franc.. German Empire Gold.. Mark. Greece Haiti India Italy Japan Liberia.. Amoy (customs). Silver.... Tael Hankow... Hongkong Silver.... Peso Gold...... Peso Gold Gold..... Monetary unit. Netherlands.... Gold...... Florin... Newfoundland. Gold... Gold.. Silver.. Gold Gold Gold Gold Gold Gold Pound sterling . Gold...... Gold.. Gold.. Gold... Silver. Gold Gold Gold Ningpo... Shanghai Swatow. Takau. Tientsin.. Crown Sucre... Pound sterling(b).. Lira........ Yen Dollar Dollar Dollar Crown... Kran Sol Milreis.. Ruble Peseta Crown Franc. Piaster Peso Bolivar Gold: condor ($9.647) and doublecondor. Silver: peso. Gold: Doubloon Isabella, centen ($5.017). Alphonse ($4.823). Silver: peso. Gold: 10 and 20 crowns. Gold: 10 sucres ($4.8665). Silver: sucre and divisions. Gold: pound (100 piasters), 5, 10, 20, and 50 piasters. Silver: 1, 2, 5, 10, and 20 piasters. Gold: 20 marks ($3.859), 10 marks ($1.93). Gold: 5, 10, 20, 50, and 100 francs. Silver: 5 francs. Gold: 5, 10, and 20 marks. Gold: sovereign (pound sterling) and sovereign. Gold: 5, 10, 20, 50, and 100 drachmas. Silver: 5 drachmas. Gold: 1, 2, 5, and 10 gourdes. Silver: gonrde and divisions. Gold: sovereign (pound sterling). Silver: rupee and divisions. Gold: 5, ", 20, 50, and 100 lire. Sil ver: 5 lire. Gold: 5, 10, and 20 yen. Silver: 10, 20, and 50 sen. Gold: dollar ($0.983), 2%, 5, 10, and 20 dollars. Silver: dollar (or peso) and divisions. Gold: 10 florins. Silver: 4, 1, and 2 florins. Gold: 2 dollars (2.027). Gold: 10 and 20 crowns. Gold: . 1. and 2 tomans ($3.409). Silver: 14, 16, 1, 2, and 5 krans. Gold: libra ($4.8665). Silver: sol and divisions. Gold: 1,2,5, and 10 milreis. and imperial. 7% rubles ($3.859). Silver: 4, and I ruble. Gold: 25 pesetas. Silver: 5 pesetas. Gold: 10 and 20 crowns. Gold: 5, 10, 20, 50, and 100 francs. Gold: 25, 50, 100, 250, and 500 piasters. sions. Gold: 5, 10, 20, 50, and 100 bolivars Silver: 5 bolivars. a The "British dollar" has the same legal value as the Mexican dollar in Hongkong, the Straits Settlements, aud Labuan. b The sovereign is the standard coin of India, but the rupee ($0.3244%) is the money of account, current at 15 to the sovereign. Respectfully, GEO. E. ROBERTS, Director of the Mint. |
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