how to reduce English money into Irish, and contra; and then how to reduce foreign money into English, and the contrary. The exchange between Ireland and England is calcu lated at a certain rate cent. viz. Ireland gives 100%.+ the rate of exchange for 1007. Edglish. pence: In both kingdoms accounts are kept in pounds, shillingsand the coins or real monies of England are guineas, half guineas, crowns, shillings, &c. all which arecurrent in Ireland, viz. An English shilling is current in Ireland at Is. Id. and. the other English coins in the same proportion, according to which proportion 100 English are equal to 108 Irish; So that the par of exchange between England and Ireland is 8 cent. The course of exchange is generally from 5 to 12 cent. I. To reduce English Money to Irish at Par. Rule. I ΤΣ To the English money add thereof, the sum is the Irish money, equal thereto. 501. English, how much in Irish currency? 2. How much in Irish currency will 15l. 17s. 6d. amount to? Answ. 171. 3s. lid. 3. Suppose I have a legacy of 1507. left me in England, and have it transmitted in specie, how much Irish currency. am to receive? Answ. 1621. 10s. 4. Sent by Daniel Draper to sell for me at Chester fair, 50 dozen of silk handkerchiefs, which he sold at 4s. 8d. piece; now admit I allow him 24 cent. commission, what sum Irish am I to receive? Answ. 1471. 178. 6d. II. To reduce Irish Money into English at Par. Rule. From the Irish money subtract thereof, the remain der is English. Answ.£.50 () 6. How much English money will 177. 3s. 114d. Irish amount to? Answ. 151. 17s. 6d. 7. I sent to my correspondent, at Liverpool, in specie, 1627. 10s. Irish, how much must he give me credit for on this account? Answ. 1501. To reduce English Money to Irish at any given rate of Exchange. 1. The exchange is found in all cases by Chap. IV. of this, 2. Add the exchange to the English money, the sum is Irish. Examples. 8. A merchant in Dublin, draws on his correspondent at London, for 1201. and passes his bill at 5 P cent. how Answ. 1261. much money is he to receive? 1st. Method. 120 2d. Method by Aliquot Parts. 3d. by Decimals. 9.2704 English, at 7 p cent. how much Irish? 6100 Answ. 2881. 18s. 10. 5107. English, at 8 Answ. 550 168. cent. what will it come to ? 11. 9551. at 6 cent. what will it come to? 63 at 51 6461 29. A merchant in London has a bill of exchange for 1001. Irish money, which he sells or negociates at 5 cent. that is, 1051. in Ireland is worth 1001. in England. I demand how much English money he is to receive? Irish English Irish 105 100 -100 Answ. 951. 4s. 94d. 13. Of Exchange between England, Holland und Flanders. England exchanges with Holland and Flanders at so many schellings and groot or deniers Flemish pound sterling. Books of accounts are kept in Holland sometimes in pounds, schellings and groot Flemish ; but more frequently in guilders, stivers and pennings. The par of exchange between England and Holland, is about 36.59s. pound sterling, and between London and Antwerp, 351. 17s. 8 Pennings 12 Groots 20 Schellings) 1 Groot 2 Groots Schell 6 Stivers 1 Pound 20 Stivers 6 Guild. make 1 Stiver. 1 Schell. 1 Guild. 1 Pound. To reduce English Money into Flemish pounds. 38. Reduce 4821. 18s. sterling, into Flemish pounds, exchange at 35s. 10d. S. 8. 482 18 at 1 15 10 1: of 1—10/ 241 9 ..of 10s. 51⁄2 120 14 6 of 5 10d. 20 2 5 8. d. For 33 4 multiply the sterling money by 5 and divide the prod. by 3. For 400 (pence in 33s. 4d.) : 240 (p. in 20s.) :: 5 : 3 £. 865 3 11 Answ. & contra 240 : 400 :: 3: 5. 39. A merchant in Antwerp hath a bill of exchange for 1001. payable in London, which he negociates at 33s. 4d. Flemish pound sterling; how much Flemish money must he receive? Answ. 1661. 13s, 4d. d. Sterl. 8) 2410:4010:: 100::1663, or 13s. 4d. b. A merchant in Rotterdam hath a bill drawn on him fo 6731. 16s. 8d. sterl. exchange at 33s. 4d. Fiemish pund sterling; how much must he pay there? Answ. 1123/. 1s. 1d. 41. One in Antwerp delivering money by exchange for London, at 35s. 6d. Flemish pound sterling; how auch must he pay there to receive here 5977. sterling? Answ. 10591. 13s. 6d. Flemish. 42. How many pounds Flem. are in 1697. 10s. Id. steri. at 33s. 3d. pound sterl. Answ. 2811. 17s. 493d. To reduce Flemish Money into Sterling. 43. Reduce 8651. 3s. 11d. Flem. into sterl. at 35s. 10d. Flem, d pound sterling? So d. 35 10. 1. Sterl. l. Fl. s. d. 165 3 11 44. If 1. sterling is 33s. 4d. Flemish, how much sterling is equal to 166l. 13s. 4d. Flemish ? Answ. 1001. 45. How much sterling is equal to 11237. 1s. id. Flem. at 338 4d. P pound sterling? Answ. 6731. 16s. 8d. 46. How much English money is 10591. 13s. 6d. Flem. exchange 35s. 6d, Flem. pound sterl. ? Answ. 5971. To |