
1797+] Américan Currency and Stocks. 199 
. Wi 
; CoMPARATIVE VIEW OF THE CURRENCIES. Hh 
New England 

2 ExaMpLe or Dury! on Goons aT I ‘CENTS PER DoLLar. i 
N.B. 2 Cent per Dollar is equal to £1 fterling per Cent, and fo in proportion. | 
New York New Jerfey S. Carolina Ster. it 
i 15s: =e 208. = Bos cody) hy ia 11S, 80.0, == 7 a rsuieds ‘lh 
ExAMPLE or Duty on Goops 1n EACH CURRENCY, AT 15 CENTS PER £, CURRENCY. iN 
Sterling New England New York New Jerfey S. Carolina i 
On £270 is £360 £48a ° £450 £280 Currency i 
At 15 Cents, duty Is 5400 "9200 6750 4206 17 ents «7 | 
Amount Currency 16 4 23 16 25 6 9 16 i 
Amount in Sterling 12:2 16 4 Lg S589 9 9 | 
Per Cent at £270 Ster,is 4 10 6 5 12 2°16 5 i 
Currency § = = 343 16 45t 4 424 14 270. fi i 
Is in Sterling 254 27, 253 16 254 16 3 200 If 
New England New York New Jerley S. Carolina 
Sterling £270 £360. £480 £450 La8o | 
Dollar at 4s. 6d. 1200 1200 1200 1200 | 
15 Cents are 130,00 180,00 130,00 180,00 
And in Dollars 180 180 180 180 
Or inSter. at 4s. 6d 
is 15 per Can. 40 16 49 1@ 40 10 40 Ie | 
£270 Sterling )- 
Dollars 1020 1020 1620 ro2 } 
Are, in Currency 306 408 382 10 23 | 
abet Apel ae ee 22 229 10 229 16 
The proportion between £. Sterling and Dollars, in the four American Currencies, is; as 
31 to 360, or qs. 6d. for a Dol ar. 
To reduce £. Sterling into American Dollars; multiply by 40, and divide by 9° 
To reduce Dollars into £. Sterling, multiply by 9, and divide by go. 
To rEDUCE CURRENCY INTO Sere rine: i 
New England into Sterling, multiply by 3 anddivide by 4 
New York ditto - - PA =u i y OG 
New ferfey ditto ~ = < are . 2 ok F 
South Carolina ditto = = 2 aaa nie i i Liar ey S 
And to reduce Sterling into Curren_y, make the faid multipliers, divifors ; and the divifors, multipliers: 
To REDUCE THE CURRENCIES INTO EACH OTHER. 
New York - - - add ¥~-3d. 
New England to Sex Jerley = » eit a Gnto. t-4th: 
South Carolina - - - deduét 2-gths- 
New England - = - - fubtra@ 1-4th. 
New York 0} New Jerfey oe > = dedugt 1-1 6th. 
South Carolina - = - ditto 5-1zths. 
New England - - = - deduét 1-sth. 
New Jerfey w } New York - - add 1-3 5th 
i South Carclina (mul tpy Pee beds divide by 45) 
New England ~ - add 2-7ths. 
South Carolina to <« New Wore fi e ditto 5-7ths. 
New Jerfe y (nultiply by Wea divide by 28) 
The application of the above direCtions to the former flatements, are too ubvious to require any 
operations to illufrate them. 
The debt of the United States of The whole ftock is in dollars, at the 
America, foreign and domeftic, 1s about 
fixteen millions fterling. The domeftic 
debt has been provided for by the fol- 
lowing ftocks :— 
3 per Ct. Sto, at 484 yields int. 6.02) sper Ce 
5 &3do. atdso is 617 6per Ct. 
6 per Ct. do. at 8 As 7 10 per Ct. 
Deferred fiock, bearing intereft at 6 
per cent, fromthe ift Jan. 1801, at 63, 
with compound intereft from Feb.17975 
will only coft 771. and yield an intereft 
of 71. 15s. 10d. per cent. ‘The afore- 
quoted prices are about their prefent 
value. 3 5 
Vey 
rate of 4s. 6d. fterling per dollar. 
Befides the faid four funded ftocks, a 
national bank is eftablifhed at Philadel- 
phia, on the fame principle as the Bank 
of England, and confifts of twenty-five 
thoufand-fhares of four hundred dollars 
each, or nmety pounds fterling—whic! ts 
atthe sfice ot io2l. and the average 
dividend of 81. per cent, yield an inte- 
Fett oni os. mer cents 
The exchange is 8, will moft likely 
continue in favour of the payment of the 
intereft, tothe holders of fock in this 
country. 
BeOs hs 1707s VOWS 
