 | Horatio Nelson Robinson - 1859 - 362 σελίδες
...Course of Exchange is the variation of the cost of sight bilk from their par value, as affected by the relative conditions of trade and commercial credit at the two places between which exchange is made. It may be either at a premium or discount, and is rated at a certain per cent, on... | |
 | Horatio Nelson Robinson - 1860 - 444 σελίδες
...unchanged; hut the commercial par, being determined by commercial usage, is fluctuating. The Course of Exchange is the current price paid in one place for bills of exchange on another place. ~ '.this1' price varies, according to the relative conditions of trade and commercial credit at the... | |
 | Daniel W. Fish - 1874 - 302 σελίδες
...value of the coins of different countries, according to their market price. 698. The Course or Rate of Exchange is the current price paid in one place for bills of exchange on another place. 699. FORMS OF DRAFTS AND BILLS. A SIGHT DRAFT. $500. NEW YOHK, July \, 1874. At sight, pay to the order... | |
 | Horatio Nelson Robinson - 1875 - 468 σελίδες
...unchanged; but the commercial par, being determined by commercial usage, is flucluating. 596. The Course of Exchange is the current price paid in one place...commercial credit at the two places between which exchange is made. Thus, if Boston is largely indebted to Paris, bills of exchange on Paris will bear... | |
 | Daniel W. Fish - 1876 - 302 σελίδες
...value of the coins of different countries, according to their market price. 698. The Course or Rate of Exchange is the current price paid in one place...London will bear a high price in New York. 699. FORMS OF DRAFTS AND BILLS. A SIGHT DRAFT. $500. NEW YORK, July 1, 1874. At sight, pay to the order of WILLIAM... | |
 | Edward Brooks - 1877 - 564 σελίδες
...included. 674. The Rate of Exchange is the rate per cent, which is reckoned upon a draft. 675. The Course of Exchange is the current price paid in one place for bills of exchange on another. The brokerage is usually included in the quotation of exchange. 676. The Par of Exchange is the established... | |
 | Edward Brooks - 1877 - 232 σελίδες
...included. 518. The Rate of Exchange is the rate percent. which is reckoned upon a draft. The Course of Exchange is the current price paid in one place for bills of exchange upon another. The brokerage is usually included in the quotation of exchange. 519. The Par of Exchange... | |
 | Edward Brooks - 1877 - 438 σελίδες
...included. 518. The Rate of Exchange is the rate per cent, which is reckoned upon a draft. The Course of Exchange is the current price paid in one place for bills of exchange upon another, The biiucentgt is usually included in the quotation of exchange. 519. The Par of Exchange... | |
 | Edward Brooks - 1877 - 444 σελίδες
...not included. The Rate of Exchange is the rate per cent, which is reckoned upon a draft. The Course of Exchange is the current price paid in one place for bills of exchange upon another. The brokerage is usually included in the quotation of exchange. 51O. The Par of Exchange... | |
 | Asa Hollister Craig - 1878 - 296 σελίδες
...different conveyances to provide against a loss; when one has been paid the others are void. A course of exchange is the current price paid in one place for bills of exchange on another place. 87. The process, of finding the meantime of the payment of several sums, due at different times, without... | |
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This price varies, according to the relative conditions of trade and commercial credit at the two places between which exchange is made. Thus, if Boston is largely indebted to Paris, bills of exchange on Paris will bear a high price in Boston. 
