Clue: Julius is in Delaware a bit (4)
Answer: DIME
Explanation: Julius is in Delaware a bit (4)
**I'M** ("Julius is") *in* **De**(laware) 
*I was going to cry foul on this, as a bit is 12 1/2 cents, and a dime is 10 cents, but "bit" can alos mean "small coin", as in "threepenny bit", so the clue is OK.