REDUCTION OF CURRENCIES, REDUCTION OF CURRENCIES. RULES 89 FOR reducing the currencies of the several United States into Federal Money. CASE I. To reduce the currencies of the different states where a dollar is an even number of shillings, to Federal Money. They are New-England, Virginia, Kentucky, and Tennnessee, RULE. 1. When the sum consists of pounds only, annex a cipher to the pounds, and divide by half the number of shillings in a dollar; the quotient will be dollars.† 2. But if the sum consists of pounds, shillings, pence, &c. bring the given sum into shillings, and reduce the pence and farthings to a decimal of a shilling; annex said decimal to the shillings, with a decimal point between, then divide the whole by the number of shillings contained in a dollar, and the quotient will be dollars, cents, mills, &c. Formerly the pound was of the same sterling value iu all the colonies as in Great-Britain, and a Spanish Dollar worth 48. 6d.-but the Legislatures of the different colonies emitted bills of credit, which afterwards depreciated in their value in some States more, in others less, &c. *Adding a cipher to the pounds, multiplies the whole by 10, bringing them of a vowed then because a dollar is just three tenths of a pound, those tenths by 3, brings them into dollars, &e. Seg EXAMPLES. 1. Reduce 731. New-England and Virginia Currency, $ cts. $243 243 331 2. Reduce 451. 158. 74d. New-England currency, to 20 A dollar 6)915,625 $152,604+ Ans. [federal money. d. 12)7,500 ,625 decimal. NOTE. 1 farthing is,25) which annex to the pence, 2 3 =,50 and divide by 12, you will =,75 have the decimal required. 3. Reduce 3451. 10s. 114d. New-Hampshire, &c. currency, to Spanish milled dollars, or Federal Money. £345 10 114 20 6)6910,9375 $1151, 3229+Ans. d. ,9375 Decimal. 4. Reduce 1051. 14s. 33d. New-York and North Car olina currency, to Federal Money, £105 14 34 20 A dollar 8)2114,3125 $264,289 06 Ans. Or $ dem. d. 12)3,7500 3125 decimal 5. Reduce 4311. New-York currency to federal money ply by 10, and divide by 4, brings the pounds into dollars, &c 6. Reduce 281. 11s. 6d. New-England and Virginia currency, to Federal Money. Ans. $95,25ets. 7. Change 4631. 10s. 8d. New-England, &c. currency to Federal Money. Ans. *1545, 11cls. 1m+ 8. Reduce 351. 19s. Virginia, &c. currency, to Federal money. Ans. $119, 83cts. 3m.+ 9. Reduce 2141. 10s. 74d. New-York. &c. currency, Ans. $536, 32cts. 8m.+ to Federal money. 10. Reduce 3041. 11s. 5d. North Carolina, &c. cur. rency, to Federal Money. Ans. g761, 42cts. 7m.+ 11. Change 2191. 11s. 73d. New-England and Virginia currency, to federal money. Ans. $731,94cts.+ 12. Change 2411. New-England, &c. currency, into federal money. Ans. $803,33cts. 13. Bring 201. 18s. 5d. New-England, currency, into dollars. Ans. $69, 74cts. 64m.+ 14. Reduce 4681. New-York currency, to Federal Money. Ans. $1170. 15. Reduce 17s. 93d. New-York, &c. currency, to dollars, &c. Ans. $2, 22cts. 6,5m.+ 16. Borrowed 10 English crowns, at 6s. 8d. each, how many dollars at Cs, each will pay the debt? Ans. $11, 11cts. 1m. NOTE.-There are several short practical methods of reducing New-England and New-York currencies to Federal Money, for which see the Appendix. CASE II. To reduce the currency of New-Jersey, Pennsylvania, Delaware and Maryland to Federal Money RULE. Multiply the given sum by 8, and divide the product by 3, and the quotient will be dollars, &c.* EXAMPLES. 1. Reduce 25. New Jersey, &c. currency, to federal money. £245X8=1960, and 1960÷÷3=$6531=$653, 32 cts. NOTE. When there are shillings, pence, &c. in the *A dollar is 76. 6d.=90d. in this currency=,= of a pound; therefore waltplying by 8, and dividing by 3, gives the dollars, cents, &c. given sum, reduce them to the decimal of a pound, then multiply and divide as above, &c. 2. Reduce 36/. 113, 8d. New-Jersey, &c. currency, to federal money. £36,585 4 decimal value. 8 To reduce the currency of South Carolina and Georgia, to Federal Money. RULE. Multiply the given sum by 30, and divide the product by 7, the quotient will be the dollars, cents, &c.* EXAMPLES. 1. Reduce 1001. South Carolina and Georgia curren cy into Federal Money. 1001. X30 3000; 3000÷7=$428,5714 Ans. 2. Reduce 541. 16s. 93d. Georgia currency, to Fede ral money. 54,8406 decimal expression. 30 7)1645,2180 Ans. 235,0311 £. s. d. ANSWERS. $ cts. m. 3. Reduce 94 14 8 to federal money, 405 99 84 85 18 7: 1790 25 602 14 2+ 685 71 4 *48 8d or 56d to the dollar 587 of a pound, thereforex 30÷7 To reduce the currency of Canada and Nova-Scotia, to Federal Money. RULE. Multiply the given sum by 4, the product will be dollars. NOTE. Five shillings of this currency are equal to a dollar; consequently 4 dollars make one pound. EXAMPLES. 1. Reduce 1251. Canada and Nova-Scotia currency, to federal money. 125 Ans. $500 2. Reduce 551, 10s. 6d. Nova-Scotia currency to dol55. 525 decimal value. lars. 4 $ cts. Ans. $222, 100-222 10 ANSWERS. 3. Reduce 241 18 9 to Federal Money, 967 75 4. Reduce 58 13 62 5. Reduce 528 17 8 6. Reduce 1 2 6 7. Reduce 224 19 0 S. Reduce 0 13 111/ 334 70 2115 53 4 50 899 80 2 79 REDUCTION OF COIN. RULES. For reducing the Federal Money to the currencies of the several United States. To reduce Federal Money to the currency of |