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Wilmington, New Hanover County, North Carolina
What is this article about?
King Menelik of Abyssinia will establish his own mint in Addis Ababa, operational by early next year, according to US Consul William W. Masters. Previously, silver coinage was minted in France; he has amassed over 110,000 pounds of gold bullion and silver.
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Washington, July 30.-King Menilik, of Abyssinia, is to have his own mint, which will be in full operation at his capital, Addis Ababa by the first of the coming year, says William W. Masters, United States consul at Aden in a report to the department of commerce and labor. Hitherto, King Menilik has had a limited silver coinage, the minting being done in France. For some time the king has been putting aside bullion for coinage purposes and now it is understood that he has over 110,000 pounds of gold bullion on hand besides a large amount of silver.
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Foreign News Details
Primary Location
Addis Ababa, Abyssinia
Event Date
By The First Of The Coming Year
Key Persons
Outcome
mint to be in full operation; over 110,000 pounds of gold bullion and large amount of silver accumulated
Event Details
King Menilik is establishing his own mint at Addis Ababa, to be operational by the first of the coming year. Previously, limited silver coinage was minted in France. The king has been accumulating bullion, with over 110,000 pounds of gold on hand plus silver.