4. When $240 will buy a draft for 1242.60 francs, how many francs of exchange will $1 buy? What is the rate of exchange? 5. When the quotation for London exchange is "sight 4.87; 30 da. 4.86," what is the difference between the cost of a sight draft for £470 and a 30-day draft for the same amount? 6. What is the cost of a draft on Berlin for 948 marks when exchange is quoted at 98? 7. A bill of exchange on Frankfort for 8000 marks costs how much when the rate of exchange is .95g? 8. What is the face of a bill of exchange on Bremen that can be bought for $2031.75 when the rate is 96? 9. Brown Brothers & Co., bankers, sent out to their correspondents, Oct. 14, 1907, the following list of quotations: per Dollar ZURICH, ST. GALL, BASLE, BERNE & GENEVA ONLY 5.16 ITALY. 5.15 GENOA, MILAN, NAPLES, FLORENCE, LUCCA & 5.14 Lire per Dollar GERMANY .95 BERLIN, BREMEN, CHEMNITZ, DRESDEN, FRANK- HOLLAND AMSTERDAM ONLY .4042 Cts. per Guilder VIENNA, BUDAPEST, AUSSIG, PRAGUE, TEPLITZ & TRIESTE ONLY Cts. per .2025 NORWAY, SWEDEN, DENMARK & ICELAND .2670 Cts. per .2665 ST. PETERSBURG, MOSCOW, ODESSA, BAKU, Cts. per POST REMITTANCES at the ordinary rate plus 15c. per payment. CABLE TRANSFERS % higher plus cost By these quotations, find: of message. a. The cost of a set of exchange on Antwerp for 13,442 francs. b. The face of a London bill that can be purchased for $1459.50. c. The cost of a bill of exchange on Dublin for £420 108. d. The cost of a set of exchange on Glasgow for £ 200 10s. 6. e. The face of a Berlin draft that can be bought for $190. f. The cost of a set of exchange on Rome for 20,575 lire. g. The cost of a cable transfer of 20,650 francs to Paris, computing exchange at the quoted rate, then adding 1% plus the cost of the cable message, which was $5.04. h. The face of a London bill that can be bought for $2189.25. i. The face of a bill of exchange on Geneva that can be bought for $200. j. The cost of a Dresden bill of exchange for 896 marks. 10. A man has saved $400, and desires to send it to his family in Naples. What is the face of the draft which he can buy with that sum, by the above quotation? 11. Make and solve problems of exchange on other countries named in the list of quotations. THE METRIC SYSTEM The metric system of weights and measures is a decimal system which originated in France a little more than one hunIt is the legal system in most of the civilized world except Great Britain and the United States. dred years ago. In our own country, it is used in the sciences and in some branches of the government business. Being a decimal system, it is much simpler than the English system which we use; for all reductions from one denomination to another may be made simply by moving the decimal point. LINEAR MEASURE 432. The standard unit of linear measure in the metric system is the meter. It is determined by taking one tenmillionth part (very nearly) of the distance from the earth's equator to either of its poles, measured on a meridian. It is equal to 39.37 inches. 433. Oral 1. What denomination in the English linear measure is most nearly like the meter? 2. Draw a line one meter long. 3. Hold your hands one meter apart. 4. A meter is about how many feet long? 5. How many meters long is your schoolroom? Wide? High? 6. About how many meters are there in a rod? 7. About how many meters long is a rifle-range whose length is 500 yd. ? 8. Your height is about how many meters? 9. How many meters high can you reach on the blackboard? How the Table is made 434. Divide a meter into ten equal parts. One of these parts is a decimeter. Dec is a Latin prefix meaning tenth. About how many inches long is a decimeter? Show with your hands the length of a decimeter. What part of a meter is a decimeter? Divide a decimeter into ten equal parts. One of these parts is a centimeter. Cent is a Latin prefix meaning hundredth. What part of an inch is a centimeter? Show its length. How many centimeters in one meter? What part of a meter is a centimeter? Divide a centimeter into ten equal parts. One of these parts is a millimeter. Mill is a Latin prefix meaning thousandth. What part of a meter is a millimeter? How many millimeters in a meter? What part of an inch is a millimeter? Ten meters make one dekameter. Deka is a Greek prefix meaning ten. How many rods in a dekameter? How many feet? How many dekameters long is your schoolroom? Ten dekameters make one hektometer. Hekto is a Greek prefix meaning hundred. How many meters in one hektometer? How many feet long is a hektometer? Ten hektometers make one kilometer. Kilo is a Greek prefix meaning thousand. How many meters in one kilometer? How many feet? What part of a mile? Ten kilometers make one myriameter. Myria is a Greek prefix meaning ten thousand. How many meters in one myriameter? How many feet? How many miles? |