1000000030

482 / 1042

E X e 5 ~ a
'Frnm Ihe r~c "f alhilr.l\ion Ihu, f"un.l, and Ihe conrfe
of ~c ¡:tI en, i, uCII''''ed a motlulA 01 draIViog .nu
ft l\IIt1 inl! lO ;HIr 1111.111,\ "S in Ih~ fCllltl"Jln~ C'~alT\pll·.
.l. I1 , ~~h .og . It1'111 L"tldJn 10 P.tris be J2 d. Slcr·
ling 1"'" (fO\, ti • •tnJ 10 :\mll,r.l lm 4'-'\ d. FkllllOI fU 1.
Slelltng ; .tlt! If, hv.uhicc (mm HIIII.I1d or ¡:"n«, Ihe
Cllllrlc ~f ,·v lt.tnr.e h\lw«'I1 P.,i, .nll AOl!1C"I~1ll ís (.11·
"'1\ to P ,1 J'kmilh p" crOIVn; IVhJl Illay be c,íned plr
(<'111. hy drJIVlng 011 Pdlís, anu relllilling tO Amllcr·
(Iam?
The par of "bitration between P"is .n,1:
it lhi,cal;', by Ex. t. is 54J. Flernilhpu crown. Work
as \lnder.
d. SI. er. L. SI . e,..
lf 52 : 1 :: ICO : ))0 debil al Pans
er. d. FI. e,.. d. n
lf 1 : 52 :: í50 : 3?000 credil al Amnettlam.
".FI.L. SI. d. F/. L. J. d. SI".
If 405 : 1 :: 3/000 : ~6 5 11 ~ 10 be re",iueu.
100
3 14 °}
RUI i( Ihe courre of exehauge belIVeen Paris and Am·
Oerd,m, inllead of falliug bclow, rire above Ihe par of
atbiltalíon, fU Pl'ofe lO56 d. Flemifh pu erown; in Ihis
cafe, if you propofe lOg1in by Ihe negolialion, you muf!
draw 00 Amllerdam, anu remil 10 Paris. The compu·
mion follows.
L. SI. d. F!. L. SI. d. FI.
Jf I : 405 :: roo : 4°5°0 debil al Amfierdam.
d. FI. Cr. d. F. Cr.
If 56 : I :: 4°5°0 : 723T'.r eredil al Paris.
C,.. d. SI. Cr. L. J. d. Sttr.
Jf I : 32 .. 72311:r: 96 8 6~ 10 be remiued.
100
3 II 51 gain~d pu eml.
To negolialions of Ibis fOtl, a fund for rcrnimnce is
iITorded oul of Ihe fUIll you receive for lhe draughl ; and
your credil al Ihe one foreign place pays your debíl al
Ihe olher.
II. COlllpO,l1Id Arbi/ra/ion.
1n compound arhilration lhe rate or price of exchanr.e
hmve<n lh"e. (our, or more places, is given, in orrl..
10 únd húlV muell a rernimnce paOing lh",ugh Ihem all
\ViII an10unt 10 al Ih, 1.,(1 place ; or 10 úod ,he arbitra.
led plice, CH rtr of arbitralion, bel\Veen ,he firH plac~
anellh, l,tll. Anel tlTlSmal' be done hy Ihe follolViog
RULES. I. DiOingllifh lh~ given rales or plices illlo
antee elenls aud confeqllcnls; place lite anl ecedenl' i"
one wlumn, .\0.1 tI:e cI)nfequcnls in anlllhcr on lhe rtghl,
fl'01in~ une .IIWlhcr hy lVay of equ.llion.
i' 'Ihe útil _nleL,elenl. and Ihe 1.111 confeqllcnt m
" 1 "' anlecedenl is requlted, llluH allVAys be of lhe
, l'!
F. X e
IV·tll tlle Cid\ conf 9nl·l\l. an I lhe Ihird anleeedent of
Ihe 1",,. klul! ""Ilh lhe It,"n,j Loof" quenl, e;e.
IV. [1' lO ¡¡ny of lhe hllll,bers a fra{lion be ann::,ed.
hnh Ih~ ¡¡nlececlna . lId ílScunlcqu(nt mull be multiplied
ir,tfl the ~tn()",ill'fnr.
·r . T.> fleilllACc ,he opemion, lerms Ih" har~eo lO
he " or lit, r.1I"~ In hUlh eolumns, mal' be. ropped
or roje,o,,·,1, and ntll" Id "IS may be abrídgcd.
YI. Mullirly Ihe anlecedenlS conlinu¡lIy for a diví.
f.". anellhe confeq'Jcnls eonlinuall y for a dividend, and
lile qllOI \Vdl he lite anfwer or .nteCC'llent reqllired.
EXA M P. l . If London remil 1'100 1. Slerling 10 Sra n,
hy w' y of J!olland, al H s. FJemiO, pu 1. Srerllng;
I:"nce 10 }'" nce, al S8 d. f lemiOI/,u erowo: Ihence
10 Ycnice, al loa erowos p" 60 ducals; and dlenee 10
Sp,in, al ,6o mett.dits pa dncal; holV pianles,
nf 272 mell·.dio, willlhe 1000 J. Slerling amount 10 in
Spaln ?
Anl"td"'/I. COl/foqUtnlJ.
11. SlerEng 35 s. or 470d. FI.
5Sd. Flclllllh = I crownFrance
100crOWIlS F'rance= 60 ducm Venice
I ducal Yeuiee = 360 mervadies Spaio
272 mm'adies = I pianre
HolV many pi,nres=l ooo 1. Slerling
Abrirlgtá.
1=110
29= 1
1= 30
1= 45
17= I
= 10
In order lO abridge Ihe lerms, divide ¡8 and 420 by
2, and you h~ve Ihe new anlecedenl 29, :fnd Ihe new
confeque nl 210 ; rejetl IIVOcíphers in 100 and 1000; dí·
Vide 272 and 360 by 8, aod you have 34 and 45; di·
vide 34 and 60 by 2, and you hlve 17 ¡nd 30; and Ihe
whole will fi and abridged as abo"e.
T hen, 29 X 17= 493 divifor; and, 210 X 30 X45
~ 10= 28 35°00 dividend; ¡nd, 493)2835000(5750}
plallres. Anf
Or, Ihe eonfequenl9 mal' be conne{led wilh lhe úgn
of multiplicalíon, aod plaeed over a Jine by way of nu·
meralor; and Ihe antecedenls, conn,{led in ,he fame
manner, mal' be placed und,r Ihe line, by way of deno·
nunalor; aDd ¡heu abridged, as follows :
Tite plaeing lhe ¡ernls by IVay of anleeedenl and con·
fcquent, ,md wurking as Ihe rules diretl, fave fo man~
lIalíngs of Ihe rule of duee, anti grcatly Ihurten¡ Ih: o·
peralion. T ite proponions al Jarge for lhe above que·
nion would as under.
L. SI. d FI. L.S/. d. n.
If I : ~ zo .. 1000 410000
d. FI. er. d. FI. C,.
Ir 5S : I .. .pcooo : i1-1 I ~} er.