Jawdarmilk 9.30-30 PREFACE. The MERCANTILE ARITHMETIC has had greater success and a more extensive circulation than the author anticipated. And although he has not been concerned in revising or improving it, since the first edition was printed, and only slight alterations have been made by other hands, it is still regarded by many as a very useful work. He hopes that now, corrected, improved and enlarged, it will continue to be a convenient manual for merchants and others, engaged in trade, and that pupils, who are preparing for business, by thoroughly learning it, will acquire a readiness and accuracy in mercantile calculations, in which, persons, learned in other respects, are frequently deficient. As it is intended to be very practical, and adapted to the concerns of trade and commerce, by conveying a general knowledge of accounts and exchange, he numerous examples and exercises have been chiefly taken from actual occurrences. Every one is bound by his duty to himself and others, to keep accounts; and in order to this, he must have some acquaintance with the systems of arrangement and method, which have been devised by experience. Irregular memoranda, are, from the difficulty of reference, almost useless. This consideration has led him to give a general outline of Book-keeping, comprehending, in his view, the necessary principles, in so plain a manner, that any one, by careful attention, may understand the true theory of accounts, and apply the principles to practice without much hesitation or difficulty. Convinced that no one need be at a loss to keep clear and satisfactory accounts, who has a just idea of the nature of the subject, he has endeavoured to explain it with all possible precision and simplicity. This part of the work is entirely new, and he hopes, the manner of arrangement will attach a particular value to it. The different forms used by merchants are as various, as the demands of their business ; but as all are reducible to the great principle of classing the several transactions under suitable heads, in such a way, that the state of one's property or business may be easily examined and known, this compendium may be a safe guide for a person of discernment to follow in any circumstances. Nothing need be said of the propriety of the brief tracts of practical Mensuration and Gauging, which are annexed to the work. Such knowledge is as important and requisite, as most rules of Arithmetic, and what is inserted, is adapted to common purposes. As the work now under the author's control, he trusts that in future editions it will be more and more improved with whatever may occur, as conducive to its original design of rendering mercantile calculations easy and familiar. In schools it may be studied in connexion with the popular treatises of mental Arithmetic, or as a sequel to them, as will best suit the views of instructers. CONTENTS. 67 9 11 Practical Questions in Federal Money Tables of Money, Weights, Measures, &c. Practical Questions in Compound Addition and Subtraction Mode of calculating the interest of notes with endorsements, and settlement within a year from the date or commencement of interest Rule established by the Courts of Law of Massachusetts for making up judgments on securities for money, which are upon interest, and on which partial payments have been endorsed A statement in which the interest and principal are kept more distinctly Recapitulation of the same example Statement showing how the Massachusetts and Connecticut Court Rules of A Table showing the number of days, from any day in any month to the same day in any other month through the year Table showing the amount of one pound or one dollar for any number of years under 33, at the rates of 5 and 6 per cent. per annum, compound To invest or purchase so as to reserve the commission, or not to overship An estimate of the quantity of certain goods calculated to make a ton in To raise the price of goods so as to discount without loss Extraction of the Biquadrate Root General Rule for extracting the Roots of all Powers To find the contents of Bales, Cases, &c. in order to ascertain the freight 146 To find Ships' Tonnage by Carpenters' Measure To find the Government Tonnage of Ships A Table showing the number of miles contained in a degree of longitude, in each parallel of latitude, from the equator to the Poles To find the bearing of one place from another by arithmetic A Table of angles, which every point and quarter point of the compass To reduce degrees of longitude to time To reduce time into degrees of longitude To find the part of the globe opposite to a given place To estimate the distance of objects at sea Statement of the funded debt of the United States, on the 1st of Jan. 1831,8c. 185 British Stocks or Public Funds Account of Sales of United States' Eagles A statement of actual sales of silver Calculations of actual sales of British goods in United States Commerce of Smyrna, from the Oriental Herald A Table for reducing English weight to Factory Maunds by inspection 222 Cuba, Porto Rico, and Trinidad Comparative ralues of English, French, Spanish, and United States' Cuins 237 Table of the value of the gold coins of Great Britain, France, and Spain 248 |