ecs 
EXCHANGE. 
Rule. — Multiply 566S80 by 62f, price of 
exchange; divide the product by 1000 reis, 
and the quotient bv 240 pence. 
566880 
62* 
1133760 
34012S0 
for \ 283440 
1,000)35430,000 
12)35430 
20) 295.2 6 
147 12 6 result. 
N. B. To divide the product by 1000 se- 
parat ’ the three right hand figures, and when 
they are or exceed 500, add one unit. 
London, on Rotterdam. 
Reduce 2401 florins 17 stivers 8 penings 
current into pounds, shillings, and pence 
sterling, at the exchange of 12 florins 4 sti- 
vers current per pound sterling. 
12 florins 4 stivers = 1 pound. 
Rule. — Divide 2401 17 8 by 12 4 price 
of exchange. 
12 4 2401 17 8 
20 fraction 20 fraction 
244 div. 244)48037^(196 17 6 result. 
London on Spain. 
Reduce 2643 dollars 6 reals 17 maravedis 
of plate into pounds, shillings, and pence 
sterling, at the exchange of 35^ pence ster- 
ling per dollar of exchange. 
1 dollar = 35-| pence 
240 pence = 1 pound. 
Rule.— Multiply 2643 6 17 by 352, price 
of exchange, and divide the product by 240 
pence. 
2643 6 17 
35-§ 
13215 
7929 . 
fori - 1321 4 
for 4 reals - 17 6 
for 2 ditto - 87 • 
for 17 maravedis 2 1 25|- 
12)93855 2 25-| 
20) 7821 3 
391 1 3 result. 
London on Venice. 
Reduce 14783 lire 3 soldi 9 denari piccole 
info pounds, shillings, and pence sterling, at 
tne exchange of 59 lire piccolo effective per 
pound sterling. 
5y lire = 1 pound. 
. Rule. — Divide 14783 3 9 by 59, price of 
exchange. 
59)14783 3 9(250 11 3 result. 
We Shall mw give some other examples 
of the operations of exchange. First, be- 
tween jtlollar.cl and some places with which 
she has a dinct exchange. 
Amsterdam and Holland. 
Moneys o( F\c:;a:,ge, and d 'guJations. 
A rflvUolL.i’ (nxdai.ier) — 2.£ da r ins — 5C 
stivers — 8§- shillings Flemish or 100 grotes 
Flemish. 
A florin or guilder (gulden) = 20 stivers 
= 3-} shillings Flemish or 40 grotes Fle- 
mish. 
A stiver (stuyver) = 16 penings or 2 
grotes Flemish. 
A pound Flemish (pond Flaams) = 20 
shillings Flemish = 240 grotes Flemish or 6 
florins. 
A shilling Flemish (schilling Flaams) = 12 
grotes Flemish or 6 stivers. 
A grote Flemish (groot flaams) = \ stiver 
or 8 penings. 
2 rixdollars = 5 florins 
3 rixdollars — 25 shillings Flemish 
3 florins = 10 shillings Flemish. 
Accounts are kept in florins, stivers, and 
penings. 
4 alue of usances for bills drawn from 
England and France, 1 month after date. 
Italy, Portugal, and Spain, 2 months after 
date. 
Dantzic and Konigsberg, 4C a 70 days af- 
ter date. 
Germany and Switzerland 14 days after 
sight. 
There are 6 days of grace, Sundays and 
holidays included, for bills of exchange drawn 
in current money ; but for those drawn in 
bank money, no days of grace are generally 
allowed, and bills are protested on the se- 
cond or third day after they become due. 
3 . u « 5 Id 3 -2 £ 
fcp 
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£ rt 
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3 P © 3 © A 
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£ 3 O x 
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(l) 05 CD •— ; 
S fc S -6 3 e 
O V 
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oof-. 
ooo 
eb 5b In jq t>o ob bo.g 
O TO CO w -CO 'vt 4 Ol ' 
Q CO CO rH IO ^ CC 
^ tjj - - 
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£ £ •£ o 5=; 
Si _ 72? N U Cj 
§ § £ § 2 2 § 
i P-l ITS K" 
Amsterdam on London . 
Reduce 356 pounds 1 7 shillings 6 penc^ 
sterling into florins, stivers, and penings banco, 
at the exchange of 33 shillings 2 grotes Fle- 
mish banco per pound sterling. 
1 pound = 38 shill. 2 grotes 
1 shilling — 12 grotes 
40 grotes — 1 liorin. 
Rule.— Multiply 356 17 6 by 33 2, price 
of exchange, and by 12 grotes; divide the 
product by 40 grotes. 
356 17 6 
38 2 X 12 = 458 
2848 
1 780 
1424 
for 10 shillings 229 
for 5 ditto - 114 10 
for 2 do. 6 pence 57 5 
40)163443 15(4086 4 6 result. 
N. B. When the price of exchange con- 
sists of shillings Flemish only, multiply the 
price of exchange by three instead of 12', and 
divide the product by 10 instead of 40. 
Amsterdam and Rotterdam on London. 
Reduce 196 pounds 17 shillings 6 pence 
sterling into florins, stivers, and penings 
current, at the exchange of 12 florins 4 sti- 
vers current per pound sterling. 
1 pound = 12 florins 4 stivers. 
Rule. — Multiply 196 17 6 by 12 4, price 
of exchange. 
196 17 6 
12 4 
392 
196 
for 4 stivers - 39 4 
for 10 shillings - 6 2 
for 5 ditto - 3 1 
for 2 ditto 6 pence 1 10 8 
2401 17 8 result. 
Amsterdam on France . 
Reduce 1056 francs 75 cents into florins, 
stivers, and penings banco, at the exchange 
of 54 grotes Flemish banco for 3 francs. 
3 francs = 54 grotes 
40 grotes. = 1 florin. 
Rule. — Multiply 1056 75 by 54, price o,f 
exchange, and divide the product by 120, 
fixed number. 
1056 75 
54 
4224 
5280 
for 50 cents 27 
for 25 cents 13-^ 
120)57064-^(475 10 12 result 
Amsterdam on Genoa. 
Reduce 572 pezze fuori di banco into flo- 
rins and stivers banco, at the exchange of 
85 grotes Flemish banco per pezza oi 115 
soldi fuori di banco. 
1 pezza = 85 grotes 
40 grotes = 1 florin. 
Rule. — Multiply 572 by 85 grotes, and 
divide the product by 40 gtotes. 
1 lie result is 1215 10. 
Amsterdam on Hamburgh. 
Reduce 3746 marcs 5 shillings 4 fenings 
tubs banco into florins, stivers, and penings. 
banco, at the exchange of 34£- stivers banco 
lor 2 marcs lubs banco. 
2 marcs = 34* stivers 
2 J stivers — 1 florin.. 
