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E X

e

T h: par of one (hilling Slerliof. is onr fllilliog

~nd

noe

peony lrifh: and (o Ihe pu of 100 1. Slcrling is

10SI.

6

s. 8d. I,ilh. The courfe o( l'xr!lallgc ruos (roll1

610 15

ter anl.

b. '''' (.

Londonremils to Duhlio 586 1. lOS. Sw·

ling: How much lriOI mool'y \ViJl Iha: nmouol to,

e)(.Ch.nge at

9!,

fer C(l/I,?

'-o

Ir 100 :

109~

:: 586, 5

8

877

800 :

877

41055

4

10

55

4

6

9

20

54

1

.95 062 5

AnJ.

642

1.

19s. Ieilh.

By praéliee.

5

86

,5

p.

unl.

JO

=

.1"6

5

8

,65

2

=

,

I

i.73 fub.

8=

4 6 '9 2

J =

.L

5.86

5

.

-

.

2.93 2

5

,

T

.1.-

.L

.733

12

5

.

-

4

9~

56·450625 .add

64

2

.95 062

5

2,

How much Sterlil,g \ViII

6

2

51. lrifh amouot to, :'"

change at loi

pu c(l/I, !

lf

Il 0t : 100 ..

8

62 5

800

L.

/,

d,

883 800 883)s0000C(566 5

o·~

Ster.

AnJ.

Xl.

E.<ch.ngt btl",ixl London aná olher

p/am

in

Britaill.

The fevml tOIVOSio H,itni n (xchange with London

foe

a fmall premium io favour of Loodoo; fueh as, 1,

I!:

ec.

fu

anl .

The premium is more or lefs ae·

corJing to the demaod for bilis.

EX'MP.

Edioburgh ,Iraws

00

Lonrloo for 860 1. ex·

change at li

fer

C<111, :

How mueh

mor,,,y

:nlla be paiJ

al

Edinburllh foe the billl

L.

/,er

(tnl.

860

8

12

2

3

1

6

11

16 Gpr<mium.

I

B;'I-~

paid foe rI,e b,l/.

E X

e

Tu;l\oid

~~ylllg t~IC

prcr.lin!'l1,

it

15

ctl')

uf.M:

¡;r.l th.C'

tOL,l e tl:e 1,,11 p<y, ble at Lonclon

a

eertain

OIlIl1~cr

of

O")'!

. rler ,

1.le

; aod in Ihis way of doing, 73

d.ys

is e·

~uil'alcllt

lO 1

fer

avl.

XI!.

Arl';I"ali.. 01 Exchangn.

T I·.e

COllrfe

of exchaoge betwixt natioo and nation

oaturally rifes or falls aeeording as the eireuma.nee, and

balance of

tr~"e

happeo to . a,y, NolV

!O

dmv upao

Rnd remit to foeeign plam, in this ftuéluating nate of

cxehaoge, in Ihe lVay that will turo out mon profitabre,

is Ihe

dcr.gJ

of arbillalioo, Whieh is either fimple or

compouod.

l..

Silllp/(

Arhilrali.u.

lo rample arbitratioo the rates or p,iees of exehange

from one place to other two are given; whereby is found

the eorrefpoodeot priee betweeo the faid two place., cal–

red the

arbilrald priet,

or

,ar

of

arbilralion :

and

heoee is derived a method of deawiog and remitting

to

tbe bea adl'aotage,

EHAMP. 1,

Ir

cxehaoge feom Loodoo to Amnerdam

be

33

s, 9d,

p"

1.

Slerling ; and if exehange from Lon·

doo to Paris be 32 d.

p"

erowo; IVhat mu!! be tbe rare

of

exehaoge feom Amnerdam to Paris, in order to

be

OQ

a par wilh the other two!

SI". fltm . SI".

l. 1,

d, d.

If

~o

:

33 9 :: 3

2

12

12

81 0

121

5

2,0) 12560( 54d. Flem.prrcrown.

AnJ.

2.

If

exe~an¡;e

from Paeis to Looooo be 32 d. Srer–

ling

p"

erowo ; and if cxehaoge from Paris to AmO. r·

d'm be 54 d. Flcmifh

pu

erown ; \Vhat mua be the me

of exehange betweeo London aod AmOerdam, in oeder

tO be eo

a

par \Vith the other t\Vo

I

SIl'. Flelll. S I",

d.

d. d,

If

32 · :

54 ::

~ 4°

24°

216

108

--12) l.

d.

32)

12960(405

(33 9

Flem.

t"

1.

Stcr.

AnJ.

From there operalioos it "pp.a", Ihat if aoy

(11m

of

mOlley

be rémitled, at the mes of cxehaoge mcntion('o,

(rom

~ny

ooe o( Ihe Ih ree pl.eLS

10

Ihe fcconel,

~nel

(rom

Ihe I,eooo lO tI,e ,hi,eI, and agatn from the Ihi ,d to tbe

firil, the film fo Il'mlllrd \\'ill

cOllle

/wmc cmiee, with·

UJt

i::Cll~f('

l'l ¿i:,Ii:lUt:()lI.

From