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2. Change 2366 märks current to banco, agio at 20 per cent.

Anf. 1971 marks, 10 stivers. 3. Change 7456 current marks to banco, agio at 22 per cent.

Ans. 6111 marks, 7 stivers,

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To change Bank to current money, Rule. As 100 marks is to 100 with the agio added, fo is the bank given to the current required.

EXAMPLES. 1. Change 475 marks banco to current, agio at 18 per cent.

18

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8100 2. Change 1971 marks, 10 stivers banco to current, agio at 20

per cent.

m.

20 )1971 104 banco.

394 5; agio.

Ans. 2366 o current.

PRACTICAL QUESTIONS.

I.

How much will 63 152 lb. of cotton come to, at 8 grotes

per lb. ?

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2.

What will 351 lb. of cotton come to at god. per lb. ? Note. d. is the mark for pence Flemish, equal in value to half stivers or half shillings lubs.

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3. What will 339 bars Russian iron come to, wt. 19662 lb. at 351 marks per shippound ?

16.

ib. 280 : 351 :: 19662 Ans. 2492 m. 14 stiv.

m.

m.

at

125 6

51 ditto,

ditto,

11

A. 4. 280 lb. of cotton,

2 i grotes per lb. 183 12 5. 4002 lb. coffee,

8 stivers, 2063 10 6. 2438 pipe staves, 16 marks per ring of 240, 1629 7. 3540 hhd. ditto,

8; ditto, ditto, &. 529 barrels ditto,

9 9. 1790 lb. sugar,

21pence per lb.

1188 10 10. 4892 lb. rice,

18. marks per 100,

892 12 4 pieces the bedtick,

96 0 140 half pint tumblers, 8 ditto per 100,

3 13. 100 boxes window-glass, 23 ditto per box, , 2300 14. 15261 lb. coffee,

16 stivers per lb. 1574 3 15. 245 bars iron, wt. 8434 lb. 41 marks per shippound, 1235 16. 10 bales hemp, wt. 14108 lb. 74 ditto, ditto,

3728

11.

24 ditto,

12.

11

17. What is the commission on 18270 marks, at 21 per cent. ?

Anf. 456 m. 12 ft.

18. What is the interest of 6370 marks, for three months, at 5 per cent. per annum?

Ans. 79 m. 10 ft.

florin.

19. Change 5955 marks 71 stivers to Dutch florins, at 38 grot. per

st.

5955 71
grotes in a mark= 32 2 grotes a stiver.

mar.

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20.

An American merchant orders his correspondent in Amster. dam to remit 4980 florins 161 stivers to Hamburgh; this being done, when the exchange is 391 stivers for 2 marks, what sum is he credited for in Hamburgh ? ft. M.

F. ft. 394

4980 164 4

2

20

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HO L LA N D.

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Accounts are kept in Florins or Gilders, Stivers, Deniers or Pen. nings. 8 pennings

make

1 grote. 2 grotes, or 16 pennings i Itiver. 20 stivers, or 40 grotes,

I gilder or florin.

AL'S O,
12 grotes, or 6 stivers

1 shilling. .
20 shillings, or 6 gilders I pound Flemish.
2{ florins

I rix dolar.
The florin or gilder of the United Netherlands is estimated in the
United States at 40 cents.
100 lb. in Amsterdam make

1091 lb. in the U. States. do.

do.

100 ells

75 yards

In liquid measure, 16 mingles make 1 steckan, 8 steckans i aumę.

1. Change 1954 florins to Federal money, at 40 cts. per florin.

1954

40 dols. 781,60

Anf. 781 dols. 60 cts.

2. Change 2653 gilders 17 stivers to Federal money, at 40 cts. per gilder. 2653 17

Or thus, 2653 17 40

20

106120 34

34

53077 liv.

2 cts. per stiveri

106154 cts.

1061,54 Ans. 1061 dols. 54 cts.

Change 1061 dols. 54 cts. to gilders, at 40 cts. per gilder,

2)1061,54

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What must be paid in Boston for an invoice of goods charged at 591 florins 17 ftivers ; allowing the exchange at 40 cents per florin, or 2 cents per stiver, and advancing on it 60 per cent, ?

591 17

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To change Sterling to Flemish. RULE. As 1 pound sterling is to the given rate, so is the sterling given to the Flemish required.

EXAMPLES. 1. In £.100 1'0s. sterling, how many gilders, exchange at 335.9d, Flemish per pound sterling ?

£

s. d. £.'S. : 33 9 : : 100 10

1

20

12

eo

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To change Flemish to Sterling. Rule. As the given rate is to 1 £. sterling, fo is the Flemish given to the sterling required,

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