PAPER MONEY. The paper money in circulation consists of Notes of 5, 10, 20, 50, 100, 500, and 1000 Dollars. COURSE OF EXCHANGE. Bills of Exchange on London were formerly negotiated at a variable number of pence for the Paper Dollar. They are now negotiated at a variable amount in sterling for the gold Doubloon, or for the silver Patacon. The average Exchange on London is from 64s. to 72s. sterling for a Doubloon, or about 49 d. for a Patacon. The Paper Currency of Buenos Ayres is not admitted in any of the other states of the Argentine Confederation. The principal medium of circulation in those States is the Bolivian Dollar. Doubloons are also used, but are considered more as merchandize, being sold and bought for a variable number' of Bolivian Dollars, generally from 18 to 19. This would give the nominal value of the Bolivian Dollar from 3s. 43d. to 3s. 6d. Some of the Provinces have also a depreciated Paper Currency. URUGUAY. (Montevideo.) Accounts are kept in Dollars, Reals, and Centenas, as in Spain. The currency consists of gold Doubloons, silver Dollars, and their subdivisions. The Doubloon is rated at 64s. and the Dollar at 4s. 2d. sterling, but the exchanges are usually quoted lower. COURSE OF EXCHANGE. The average course of exchange is about 4s. 44d. for a Dollar. PARAGUAY. Accounts are kept in Dollars of 100 Centenas, and the currency is the same as that of Bolivia, which see. FALKLAND ISLANDS. The denominations of money used in accounts are Pounds, Shillings, and Pence sterling, and the currency of the islands consists chiefly of British coins. K NEW SOUTH WALES. VICTORIA, SOUTH AUSTRALIA, WEST AUSTRALIA, TASMANIA (OR VAN DIEMEN'S LAND). The moneys in which reckonings are made and accounts kept are the same as those of Great Britain. The currency consists almost wholly of British silver coins and of Bank notes for £1 sterling and upwards. These notes are all payable in specie on demand. NEW ZEALAND. Accounts are kept in Pounds, Shillings, and Pence sterling, and the current coins are those of Great Britain. New Caledonia, the Rotumah Islands, Wallis Islands, Gambier's Island, the Marquesas, or Mandana Islands. The money is the same as that of France (see p. 10). THE SANDWICH ISLANDS. The British denominations of Pounds, Shillings, and Pence sterling (see p. 6) have been declared the official moneys of account for the whole kingdom, but merchants almost always keep their accounts in Dollars and Cents, or Dollars and Reals, as follows: Haiwaian value. 100 Cents, or 8 Reals = Systematic name. = Approximate English value. 4s. 2d. The currency consists of coins of other countries to which are assigned rates fixed by custom, and by the rates at which the Government receives them in payment of duties and taxes. These rates depend on the intrinsic value of the coins, and also on the extent of commercial intercourse with the countries to which the coins belong, and the proximity or distance of those countries. The following are the rates at which the undermentioned foreign coins are now current. As the gold coinage of the United States of North America is the chief standard of value, and almost all other coins are estimated relatively thereto at a depreciated value for circulating purposes, the consequence is that other coins are kept out of the circulation, or driven from it. The French 5 Franc Piece being so convenient in the absence of any American silver Dollar sustains a relatively high current value. It passes for a Dollar, and is the common silver coin. COPPER COIN. Cent of the United States of North America COURSE OF EXCHANGE. = d. The average course of exchange with London is about 4s., or 4s. 1d. sterling, per Dollar. THE MARIAN ISLANDS, AND TINIAN. The money is the same as that of Spain. (See p. 25.) AVERAGE COURSE OF 101 EXCHANGE FOR THE YEAR ENDING 31st DECEMBER, 1864. London receives from or gives to: 11 Gulden 163 Cents Amsterdam (short) Amsterdam Rotterdam Antwerp Brussels Hamburg Hamburg Paris Paris Marseilles Frankfort-on-Main Vienna 1201 Florins 12 Florins 1 Cents , £1 Madrid 47 d. Sterling 1 Duro, or |