483 / 1042
F.
X
e
r.,.
DI/r.
er.
Dllc.
If
100 : 60
..
72
4
1:
Ó
43·H{ !·
Duc.
lIT".
nuc.
/I1l'r.
Ir I
:
3
60
::
4 H4 l ~·
q
6
4
137 : }
/II,·r.
fi(/jI.
/11" ..
Pinjl.
Ir
172 :
.. 15
64
1
37:
o :
575
0
1
~
r
Ir IVe (upro(c the cOl1r(e
o(
dircél exchanr.c to Srain
10 he 41t d. Stl!r1ing
p"
pi.,Ore, the 1000 1. rClIlitted
\\'ol1ld only amount
III
564 7: piallrcs ; . nd, con(e'luent.
Iy, 10) piaOres are ga,ntd lly the ncgocialioo¡ th,t is,
abuUl
2
pu
«(111.
2.
A
hanker in AmOcrdam remits 10 London 400 1.
Fletn,n,; Cirlllo Ff'nce at 56d. Flemin, pacrown ; from
Fr."ce to Venice
~t
100 crOIVns
t"
61) ducats ; (rom
Venice to Hdmburr,hat 100
d.
Flemifh
fa
ducat ; (rom
Hom~urgh
to Lilllon al 50
O.
Flem;n,
I" r
cru(ade of
400 ree! ; and, I.fily, from Lifbon
10
Lond"n al 64
d.
Slerling
p"
milree : HolV much Slerling money will the
remimnce ;muunt lO ! and holV mueh will be gained ur
(.ved, (uppoC,ng the direll exch. nge frnm Hollapd la
Londonal 36 s. 10
d.
Flemin,
t er
1.
Sterling !
Anltedtnll. Con¡" qll,r,II,
56 d, Flem.
=
I
crown
100 crOlVns
=
60 dl1cals.
I
ducat
=
100 d. Flem.
50 d. Flem,
=
400
rm.
1000 rm
=
64 d. Stetling.
Howmaoy
d.
Ster
=
4001. or
96000
d. Flemin,!
This, in tbe (rallional (orm, will fl anel as (ollolVs.
.i~!.::.OX400X61 X9~00
=
2.
686
19,
and
50X ,oOX50X I000
7
7l368640( 51 66 1~d.
Ster.
=
1191. 8. s.
6~
d. Sto
AI/f.
To fi no how much the exchange from Amflerdamdi·
rellly to London, al 365. lo d. flemilb
prr
1. Sterling,
will amouot to, (ay,
l .
d.
d.
n.
l .. SI, d
FI.
L.
l .
d. SI.
3610
Ir
44 2 :
I ::
96000 : 217 3
lO!
12
219 B 61
Gained or
(a~ed,
2 4 B"I
lo the above example, the pa r o( arbit rarion, or the
albnrated "rice. l'el\Veln Lnndon
.lId
Arnllcnl.lo"VI:.
Ihe num:'('r
,l
f ltmin, pence eiveo for 11. Sletl,ns, may
ue fourel,I"" :
M,ke(,4 d.
Sterlin~,
the price of Ihe nlllree, the fir(l
amece,leot; ,hen all !t,e former «'''(¡''I"lotS \l'ill be·
COOl< antll:eden:I, and
;,11
the
~nlec'
,Iu,'s
wd l
hecome
l:III('~"t"lS.
l'lace
21",
,he penee
lO
I
1.
Stcrltnr, as
',.e
1,1t
e"nf( 'lueOI,
,''0
thlA pro(e,.d 's I.II1Ghl
ablllr,
111::.
t '..
11.
No 48.
t
E X
e
Allla ed,roll . r:onj.-q' 'IIII.
6. d.
s!".
=
1000 re( s.
400 rm
=
So d. Flem.
loe d. Flem.
=
1ducal.
60 0ucals
=
100 crolVns.
I crOIVn
=
56 d. Flem.
How many
d.
Flem.
=
240 d. St<r. !
~c:X50X~~~~.~~_
9li ,
and
64X400X ,ooX60 - 2
2)875(m{d.
=
36s.
5~d.
Flem.
pul.
Sler.
Anf.
Or Ihe ubitraled price
ma
y
bc (ound fromthe an(wcr
to thequeflioo, by faying,
d.
Slrr.
d: FI"II. d
SI.
If
)~B6~
:
~6000
::
240
7
7
2688
1344
d.
l .
d.
FI"II.
3
686
'1
0 )161l80000(43i t
=
36 5t as befare.
The work may be proved by the arbitrated prieeIhus ;
As 11. Slerling 10 36s.
¡;d.
Flemilb, (o 21 9 1. Bs.
6~ d.
Slerling la 4001. Flemifh.
The arbitrated price compared with the direll (our(e
lbolVs whether the direll or circular remillance
\\,,11
be
mon advanlageous, and how mucho Thus the banker al
Amfierdam will Ihink it beller exchange to rrccive 1
1.
Sterling for
;6
s. 5t d. FleOliJh, lhao for 36 s. 10 d.
1'lemilb .
EX CHANGt
C,gnifies nl(o a place in mofl conr.derable !r3-
ding cilies, IVhereio the merchanls, negociaots, agents,
bankers, brokers, inlCl preters, and other per(ons
concerned io eu",merce, Oleel on certain da)'s,
and at cenain ti mes thereo(, to conrcr and !reat log: '
Iher o( matlers lelaling toexchanges, remimoces, pa)'·
meolS, ad"eotures, affurances, fretghtments, and other
n!Cre.nllle
ne~oci"lions,
bOlh lly (ca and land.
EXC II EQYER,
in the Britin, jurifprudence. an ancieot
coun uf ,(cord, in \Vhich all cauCes conceroiog Ihe
re·
veoucs and righrs o( Ihe crown are h('ard aod cklcrmi·
ned, and where the crolVn·re"enues are receiveJ .
h
IonkIhis n?me frol1l lhe clOlh tlm covered the la·
hle
d
Ihe court, which was pmy.coloured, or che·
qucred.
T his coun is ("iJ to have been
cre\~e¡J
by William
Ihe conquanr, i" modd
beio~ la~en
rruma He coun
,tlabhlhed in N<>rmaody long bdo,e Ihitt time. An·
('i",tI)' ils
atllhorily'\\ a~
fo J'.rl·at, Ihat il was
!tel,1
In
Ihe k:ng's pit!:trc, ?n.t th "ns ,hcreof were nOl tO
b<!
cx.II"",etl
or
cc.ntrollcd in
~ny
(I(h" (I( Ih:
~iug',
r"um; hur, at pre(,nl, il is ,he I.U of lhe
(~ur
crll\tS
:tt \\'('[In;n!'.,.
I R
Jo