| 900,000 | 2465 | 15 | 0 | 3 | 29 | |1,000,000 | 2739 | 14 | 6 | 0 | 99 | +----------+---------+-----+------+-----+--------+ THE RULE.--Multiply the number of £ upon which the interest is to be calculated by the number of days, and then multiply this product by the rate of interest, strike out the last two figures to the right hand, and find from the table the interest on the remaining figures. _Example._--What is the interest of £271 for 90 days at 7 per cent. per ann.? Multiply £271 by 90 number of days ------ then multiply 24390 by 7 rate of interest ------ 170730 strike out last 2 figures, viz.: 30, and in the table £ | s. | d. | f. | 100ths. | against 1000 you find 2 | 14 | 9 | 2 | 14 | ” 700 ” 1 | 18 | 4 | 1 | 10 | ” 7 ” 0 | 0 | 4 | 2 | 41 | ------------------------------- 4 | 13 | 6 | 1 | 65 | If the product of the number of £ on which the interest be calculated × number of days × rate of interest is, after elision of the last two figures, a multiple of a million, multiply the figures in table against 1,000,000 by the number of that multiple. AUSTRALIAN MINING REGULATIONS. NEW SOUTH WALES. By the Mining Act of 1874, the Governor was empowered to proclaim Crown lands to be gold-fields, and to grant “miners’ rights” at a fee of 10_s._, between January and June exclusive, of each year, and 5_s._ after that date in each year, subject to certain regulations to be from to time to time prescribed. All miners’ rights terminate with the last day of the year, and without a miner’s right no person is allowed to mine for gold, under a penalty not exceeding £10. Business licences may also be granted enabling persons to occupy Crown lands within gold-fields for business purposes, on payment of a fee of £1 for a year, and 10_s._ for six months. Leases of auriferous lands may be obtained in accordance with the regulations for the time being, the rent to be fixed by the Governor in Council (£1 per acre for one to twenty-five acres alluvial and quartz reef). Special leases may be granted up to 100 acres. By the regulations issued on March 31, 1882, it is enacted that any parcel of new or unworked land, taken possession of with a view of obtaining a lease, shall be efficiently and continuously worked from the date of possession by not less than two men to four acres or less, and an additional man to every other two acres, under pain of forfeiture of the title to the land. The holder of a miner’s right may apply for authority to search for gold, and the holder of a mineral licence may apply for authority to search for minerals on land aforesaid.