CURRENCY.
As the currency in California is dollars, not pounds, we must ask our readers to accustom themselves to dollars. A dollar is 100 cents, and, roughly speaking, a cent is equivalent to a halfpenny, so that a dollar would be worth, of our money, four shillings and twopence. Its value, however, varies a few cents according to the place where it is exchanged. Bank of England notes or pounds are never worth less than four shillings and twopence, i.e., 480 cents or halfpennies, which, of course, is four dollars and 80 cents, there being 100 cents in a dollar. The decimal currency is extremely simple when once understood. Never less than 4.80 is given for an English pound, but sometimes 4.82 and 4.85 is obtained.