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RULE.

Or,-Work by the theorem in the following table, opposite to the State of which the given sum is, and under that to Make other coins proportionate. which it is to be reduced.

As dollars rate from state to state,

PROOF.

Vary the operation, or prove one of these methods by the

other.

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E X A M P L E S.

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i What is the value of 4201. South Carolina currency, New York ?

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As 4 8:8 :: 420; 720 answer.

Or, 420

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4)840

I 20

£. 720 Proof.

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2 What is the value of a bill of 7501. Pennsylvania, or 0. ther like currency, in New York, or North Carolina currency?

answer 8ool. 3. What sum of New York currency is equal to 1731 16s. in New Jersey

answer. 1851 75. 8d. 4

Philadelphia, 28th 12mo. 1812. Exchange for 375l. Pennsylvania currency. Thirty days after sight, pay to Charles Jackson, or order, three hundred seventy-five pounds, Pennsylvania cura rency, as per advice from thy friend,

Peter Simpson. To Benjamin Brown, Merchant, Virginia. How much Virginia currency will discharge the above bill?

answer 300!. 5 B, of Massachusetts, received in Pennsylvania curren ey, the following sums, viz. 761 173. 8d.-2001.--and 170/ los ud. What sun is equal thereto in the state he residea in ?

answer 3571 18s rod. 6 How much South Carolina currency is equal to 1500l, of New Jersey ?

answer 9331 6s 8d. 7. A merchant in New York owes 2401 to a planter in Virginia ; how much ought lie to be charged with in the planter's books?

answer 180l.

8

New York, 4th imo. 1812.

Exchange for 5621. 135 8d.

Twelve days after sight please to pay to David Davis, or order, five hundred and sixty-two pounds, thirteen shillings, and eight pence, value received; and place the same to account, as per advice from thy friend,

L

Isaac Jones.

To Bradshaw Waters.

What sum, Georgia currency, will discharge this bill?

answer 3281 45 7d.1⁄2 9 C, of Connecticut, draws on D of Delaware, for 104 16s 9d. what sum in the latter currency will pay this draught? answer 131l os 11d.1 10 What sum, New-York currency, is equal to 180l. in Massachusetts ? answer 2401. 11 How much South Carolina currency is equal to 36cl Massachusetts money? answer 2801. 12 A Bill of exchange for 4751. being remitted from Georgia to New-Jersey; what is the value of it in Jersey currency? answer 7631 75 10d 1 13 If 472/ 16s 8d. be transmitted from Georgia to North Carolina; what sum is it equal to in the latter state ? answer 810l 11s 5d. 14 How much Virginia currency will purchase a bill for

280 South Carolina currency?

answer 360l. 15 What is 961 16s 9d. of Charleston, South Caro

lina, worth in New-York?

answer 1661 os 3d.

16 Reduce 367911 14 4d. of New-York to New-Jersey facit 344921 48 8d.4"

currency.

CASE 2.

FOREIGN EXCHANGE.

Accounts are kept in England, Ireland, and the West India Islands, in pounds, shillings, pence, and farthings: though their intrinsic values, in these places, are different.

A TABLE

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RULE.

The various operations, in the exchanging of monies, are performed by the single Rule of Three, or by Practice.

Note. The par of Exchange between the United States of America and most other trading countries, may be afcertained by the tables in page 13.

EXAMPLES.

1 Philadelphia is indebted to London 1474/ 165. currency; what sterling sum must be remitted, when the exchange is at 64 per cent?

As 184

£. S.
: 1474 16

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2 London receives a bill of exchange from Philadelphia, for 9431 175 5d. sterling; for how much currency was it drawn, exchange being at 64 per cent?

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£• 5. d. 943 17 54

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answer £1547 18 11 Currency.

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3 Jamaica is indebted to London 1470l 12s 8d. sterling with how much currency will London be credited at Jamaica, when the exchange is at 36 per cent?

answer 20071 8$ 3d. 4 Dublin draws upon London for 740l 14s 6d. Irish, exchange at 12 per cent, how much sterling will discharge this

bill?

answer 6611 78 2d. 5 London

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