EXAMPLES

EXAMPLES. 1. How many marks must be received at Hamburg for 300l. sterling, exchange at 35s. 3d. Flemish per l. sterling?

Decimally.

2. How much sterling money will a bill of 3965 Exchange marks 10 schilling-lubs amount to, exchange at 35s. 3d. Flemish per pound sterling?

423(126000(300l. ster.
1269

Decimally.

4)52.875(13.21875
13.21875)3965.62500(300l. ster.
3965625

At Paris, Rouen, Lyons, &c. books and accounts are kept in livres, sols, and deniers; and the exchange with Britain is on the crown, or ecu, of 3 livres, or 60 sols Tournois. Britain gives for the crown an uncertain number of pence, commonly between 30 and 34, the par, as mentioned above, being 29$\backslash frac\{1\}\{2\}$d.

EXAMPLE I. What sterling money must be paid in London to receive in Paris 1978 crowns 25 sols, exchange at 31$\backslash frac\{1\}\{2\}$d. per crown?

60)3003236|5 Rem.

8)500539 3

12)62567 11

20)5213 13

L. 260 13 11$\backslash frac\{1\}\{2\}$ Ans.

In Lisbon, Oporto, &c. books and accounts are generally kept in rees and millrees; and the millrees are distinguished from the rees by a mark set between them thus, 485 $\backslash frac\{1\}\{2\}$ 372; that is, 485 millrees and 372 rees.

Britain, as well as other nations, exchanges with Portugal on the millree; the par, as in the table, being 67$\backslash frac\{3\}\{4\}$d. sterling. The course with Britain runs from 63d. to 68d. sterling per millree.

EXAMPLE 1. How much sterling money will pay a bill of 827 $\backslash frac\{1\}\{2\}$ 160 rees, exchange at 63$\backslash frac\{1\}\{2\}$d. sterling per millree?

The rees being thousandth-parts of the millrees, are annexed to the integer, and the operation proceeds exactly as in decimals.

Rees.
517)960000000)1856.866 Ans.

In Madrid, Bilbao, Cadiz, Malaga, Seville, and most of the principal places, books and accounts are kept in piastres, called also dollars, rials, and mervadies; and they exchange with Britain generally on the piastre, and sometimes on the ducat. The course runs from 35d. to 45d. sterling for a piastre or dollar of 8 rials.