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THE PROPOSED VISIT OF CETYWAYO…

CROP PROSPECTS IN THE UNITED…

,OIL ON BREAKING SEAS.

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v OUR BRONZE COINAGE.

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v OUR BRONZE COINAGE. The Chancellor of the Exchequer says the penny forms the basis of most of our money calculations, and in a report just issued from the Mint there are some curious facts showing the number of pence made and in circulation. The bronze coinage executed at the Mint during last year, says the report, was not lartce, having only amounted to £ 17.400, but it was found necessary to make arrangements tor the execution of a portion of the coinage by contract. Tenders wers therefore issued for a supply of 50 tons ot pence, half- pence, and farthings by a private firm, and the tender of Messrs. Ralph Heaton and Sons, of Birmingham, having been accepted, a contract was made with that firm in September for a coinage in the following pro*jor- D0 7M"c^eo!iCe' i56 itons' ^15>°86; halfpence, 10 tons, £ 3,733 6s. 8d farthings, 5 tons, £ 1,866 13s. 4d. total, 50 tons, £ 21,280. The amount of bronze coin issued during the year was £23,405, bringing the total amount issued, since the first introduction of the bronze coinage in 1860, to £1,498,013. The amount issued in 1877, was £48,800 in 1873, £43,745; in 1874, JB62,110 in 1875, £70,595; and it has decreased each year since then. The issue in 1881 consisted of JB15,405 in pence, £5,200 in halfpence, and £2,800 in farthings, as against £19,640 in pence, £6,058 in halfpence, and £2,772 in farthings in 1880. The demand, therefore, continues to diminish. The issues of bronze coin to the colonies and in aid of Treasury chests abroad were not large, having amounted only to £1,900, as against £5,380 in 1880, when £3,600 was consigned to the Cape, and jE9,850 in 1879, when nearly £9,000 was shipped to the Australian colonies alone.

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CUTTINGS FROM AMERICAN PAPERS.

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