23* 



ORIENTAL COMMERCE. [Madras. 



The Pondicherry pagoda was originally considered equal in value 

 to the star pagoda ; but its standard has been lowered to 1 7 carats, and 

 even less. 



A coinage took place, in 1811, of double rupees, single rupees, halves, 

 quarters, and pieces of 1, 2, 3, and 5 fanams each, from Spanish dollars, 

 which are estimated at 6 dwts. worse than the British standard. A silver 

 coinage of half and quarter pagodas, of the same fineness, likewise took 

 place. Into the details of this money it is not requisite to enter, as the new 

 currency has placed the coins upon a new footing. 



In 1820, a five rupee piece, or one-third gold rupee, was coined at 

 Madras, of the same standard as the coin specified in proclamation of 

 January, 1818, war. 55 grains pure gold, 5 grains alloy ; they are issued and 

 received at the rate of 5 silver rupees. 



The following is the relative value of the Madras or Arcot rupees with 

 other rupees current in India. 



Arcot Rupees. 



100 Siccas equal to 107 , 6.6 



100 Bombay... * 101 . 13 . 7 



100 Sonaut ... • 102 . 12 . 5 



100 Current... a 92 , 9.6 



✓ Siccas 93 . 1 . 8 



100 Arcots * Bombay 98 . 2 . 11 



t qual to i Sonauts 97 . + . 9 



(current 108 . 0 . 0 



The following is an official statement of the rates at which gold and 

 silver coins of the Governments of Calcutta and Bombay will be received 

 into the several Treasuries subject to the Presidency of Fort St. George; 

 dated 18th March, 1814. 



Calcutta Mint Coins, Value of 100. Value of one. 



Pag. Fan. C'mh. Pag. Fan. Oath. 



GoldMolmrs 451 I 57 4 22 79.77 



Half Ditto 225 2t 68] 2 11 39.885 



Quarter Ditto 112 3+ 74{ 1 5 59.9+25 



Sicca Rupees 30 8 38 0 13 46;78 



Half Ditto...., 15 4 19 0 6 63.39 



Quarter Ditto 7 24 49 J 0 3 31.695 



Bombay Mint Coma, 



Gold Moliurs 392 + 22 3 +1 35.42 



Panchea 130 30 61 1 13 61,61 



Gold Itupees 26 5 76 0 11 60.76 



Silver Rupees 28 11 52 0 12 57.39 



Half Ditto... .i 14 5 66 0 6 28,66 



The fineness of gold and silver is expressed by dividing it into 10 touch, 

 or matt, which arc subdivided into 10 parts, answering to the Chinese 

 division of 10 touch. 



