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New Zealand Mail, Issue 35, 23 September 1871, Page 9

Silver Coinage in the Colonies.— The present state of the silver coinage has occupied the attention of the Victorian Parliament. The Imperial Government has consented to issue new silver in place of the old, upon condition of the freight from England, estimated at £SOO, being paid. An attempt was made to obtain a contribution from the banks, but those establishments declined to bear any share in the cost. Under any circumstances a fresh supply of the circulating, medium will have to be obtained, or retail traders will be put to great inconvenience. Changed Times. —As an instance. of change in the value of property in mining districts, a Castlemaine paper says:— “ The Commercial Hotel, to the value of which reference was made in our notice of the late Mr Bannister’s tenancy of it, was built, we are informed, by Mr Aberdeen, at a cost ot £27,000 to that gentleman. When the late Mr Bannister took it, he paid £5,500 for the good-will, taking it at a rental of £4O a week, and paying £1,750 for the stock, Ac. At that time all meals were 4s each, stabling was 30s a night, and all drinks Is, gingerbeer included. The hotel was for many years the starting and arriving place for Cobb s coaches. Subsequently the place of trade changed, and the hotel fell into disuse, and, becoming dismantled, the materials were finally sold for what they would bring.”