Towards the close of every year the academical department of Yale is in the habit of offering prizes, varying in value from $30 to $250 for excellence in essays in both English and the dead languages. This year $250 is offered for the best English essays; $100 for the man who pronounces an English oration in the best manner. For the best specimens of English composition five premiums of $12 each are offered.

Prizes to the amount of $300 are offered for excellence in Greek and Latin. In addition there are awarded in the mathematical department prizes to the amount of $400 for excellence in that branch of study. It has been the custom of the Cobden Club of London, to offer annually a medal for the greatest proficiency in the science of political economy. This offer is open to any undergraduate of either the Academic or the Shefflield scientific departments.