The Course of Exchange of a Ducat of the Bank of Venice is from 45d. to 50d. Sterling.

EXAMPLE.

20. Venice draws on London for 4700 Ducats, 10 Sols, 8 Den. Banco, Exchange at 479 per Ducat, how much Sterling will pay the Draught?

8th. With POLAND and PRUSSIA.

Dantzick and Konigsberg Exchange with London by Way of Amfterdam and Hamburgh; 270 Polish Grofch being 17. Grofs Banco in Holland; 110 Polish Grofch being Rix-Dollar, Banco of Hamburgh.

18 Phenningen

3 Grofch

2 Ditkins

3 Sixers

7 Grosch

4 Arch de Halbers

4 Guilders

3 Florins or Gilders

EXAMPLE S.

21. Change 4684 Florins into Sterling Money, 270 Groschi Poli, per Pound Flemish, and 345. 4d. Flemish, per £. Sterling?

22. Change 390l. Sterling into Florins, the Exchange being 335. 4d. Flemifh, per £. Sterling, and 270 Groschi Poli, per £. Flemish?

The Ruffian Rubbles are converted into Florins Current

Money of Amfterdam, and the Current into Bank Money,

according

according to the Agio of three or five per Cent. and Bank Money into Sterling, according to the Course of Exchange between England and Amsterdam.

EXAMPLE.

23. In 6420 Rubbles, 42 Copecs, Exchange 122 Copecs per Rix-Dollar current, Agio 3 per Cent. and 345. 6d. Flemifh, per L. Sterling, how much Sterling Money?

roth. With IRELA N D.

In Ireland they keep their Accounts in £. s. and d. Irish, divided as in England; but having no Coins of their own, they are supplied by the different Countries with which they traffic.

The Par of Exchange between England and Ireland, is 100l. Sterling, for 1087. 6s. 8d. Irifh, or 1s. English 13d. The Courfe of Exchange is from 5 to 12 per Cent. according to the Balance of Trade.

24. Dublin draws upon London for 740l. 14s. 6d. Irish, Exchange at 12 per Cent. how much Sterling must London pay Dublin to Discharge this Bill?

25. London remits to Ireland 6511. 145. 11d. Sterling; how much Irish muft London be credited, Exchange at 12 per Cent.?

11th. With AMERICA and the WEST INDIES.

In Exchange with our Colonies in America and the West Indies, Accounts are kept, and the Money divided, as in England; their Money is called Currency.

The Scarcity of Cafh obliged them to substitute a PaperCurrency for carrying on their Trade; which being fubject to Cafualties, fuffer a very great Discount for Sterling, in the Purchase of Bills of Exchange.

26. Philadelphia is indebted to London 1474/. 165. Currency, what Sterling may London reckon to be remitted, when the Exchange is 64 per Cent.?

27. London receives a Bill of Exchange from Philadelphia, for 9434. 175. 54d. Sterling; for how much Currency was London indebted, Exchange being at 64 per Cent.?

28. London configns to Jamaica Goods, per Invoice, amounting to 6407. 16s. 9d. which are fold for 9877. 125. Currency; what Sterling ought the Factor to remit, deducting 5 per Cent. for Commiffion and Charges; and what does London gain per Cent. upon the Adventure, fuppofing the Exchange at 30 per Cent.? 29. Jamaica is indebted to London 1470l. 125. 8d. Sterling with how much Currency will London be credited at Jamaica, when the Exchange is 36 per Cent.?

A few EXAMPLES for Exercife in this Rule.

30. Amfterdam changes on London 34s. 4d. per £. Sterling, and on Lisbon at 52d. Flemish, for 400 Reas; how then ought the Exchange to go between London and Lifbon?

31. A. at Paris draws on B. of London 1200 Crowns, at 55d. Sterling per Crown; for the Value whereof, B. draws again on A. 56d. Sterling per Crown, befides Commiffion per Cent. Did A. get or lofe by this Tranfaction, and what?

32. V. of Amfterdam draws on X. of Hamburgh, at 67d. Fiem. per Dollar, of 32 Sols Lubeck; and on Y. of Nuremberg, at 70d. Flemish per Florin, of 65 Crutzers Current: If V. has Orders to draw on X. in order to remit to Y. at the faid Prices, how would run the Exchange between Hamburgh and Nuremberg? M. of Amfterdam orders N. of London to remit O. of Paris at 54d. Sterling per Crown, and to draw on P. of Antwerp for the Value, at 3345. Flem. per £. Sterling; but as foon as N. received the Commiffion, the Exchange was on Paris, at 54 d. per Crown: Pray at

33.

what

what Rate of Exchange ought N. to draw on P. to execute his Orders, and be no lofer?

34. London changes with Amfterdam on Par at 33s. 4d. Flem. per £.; Amfterdam changes on Middleburg, at 2 per Cent. How stands the Exchange between London

and Middleburg?

35. Q. of Rotterdam remits to R. of Paris 2000 Crowns, at 91d. Flem. per Crown, and double Ufance, or two Months, and pays per Cent. Brokerage, with Orders to remit him again the Value, at 93d. per Crown, allowing at the fame Time per Cent. for Provifion : What is gained per Cent. per Annum, by a Remittance thus managed?

36. A. of Amsterdam owes B. of Paris 2000 Florins of current Specie, which he is to remit him, by Order, the Exchange at god. Flemish per Crown, of 60 Sols Tournois, the Agio of the Bank being four per Cent. better than Specie; but this, when it was to be negociated, the Exchange was down at 89 d. per Crown, and the Agio raised to five per Cent. what did B. get by this Turn of Affairs?

29. Comparison of WEIGHTS and MEASURES

Is when the Weights or Measures of different Countries are compared together, and is a very neceffary Rule (of great Importance to the Merchant) to be acquainted with.

I. When it is required to find how many of the firft Sort fof Weight or Measure mentioned in the Question) are equal to a given Quantity of the last.

RULE S.

1. Place the Numbers alternately, beginning at the Left-Hand, and let the laft Number ftand on the LeftHand.

2. Multiply the firft Rank continually together for a Dividend, and the second for a Divisor.

1. If 100lb. of London are equal to 113 lb. of Marseilles, and 100lb. at Marseilles, are equal to 81 lb. of Amfterdam; how many Pounds at London are equal to 60 lb. of Amfterdam ?

2. If 104lb. of English are equal to 8 100lb. of Geneva are equal to how many Pounds English are

Rouen?

lb. of Geneva, and 108 lb. at Rouen ; equal to 64 lb. of

3. Suppofe 100 yds. English to be equal to 78 Ells French, and 78 Ells French are equal to 1833 Elis at Amfterdam; how many Yards English are equal to 100 Ells at Amfterdam?

4. If 100 Canes of Genoa be equal to 191 Ells of England, and 78 Eils of Eng. be equal to 131 of Bruffels, how many Canes of Genoa are equal to 100 Ells of Bruffels?

1. When it is required to find how many of the laft Sort (of Weight or Measure mentioned) are equal to a given Number of the Firft.

RULE S.

1. Place the Numbers alternately, beginning at the LeftHand (as before) and fet the laft Number on the RightHand.

2. Multiply the first Row for a Divifor, and the other for a Dividend.

EXAM PLES.

5. Suppofe roolb. of Portugal be equal to 92 lb. of Antwerp, and 100lb. of Antwerp, be equal to 110 lb. of Lyons; how many Pounds at Lyons are equal to 60 lb. of Portugal?

6. If 74 Yards of English be equal to 100 Braffes of Florence, and 100 Braffes of Florence be equal to 30 Canes of Marseilles; how many Canes of Marseilles are equal to 100 Yards English?

30. PO