| Thomas H. Goddard - 1831 - 262 pages
...quantity of the same kind of pure metal ; and two sums of different countries are commercially at par when they can purchase an equal quantity of the same kind of pure metal. This latter equivalence is variously denominated. It has been called by different authors the current,... | |
| James Prinsep - 1834 - 310 pages
...case in which the current value of the coin at each place (after deducting the seignorage leviable for coinage) is equal : or in other words, " two sums...of the same kind of pure metal*." Thus, if silver be taken from India to England, it must be sold to a bullion merchant at the market price, the proprietor... | |
| Benjamin Greenleaf - 1839 - 356 pages
...of the same kind of pure metal ; and two sums of different countries are commercially at par, when they can purchase an equal quantity of the same kind of pure metal. The Course of Exchange, is the variable price of the money of one country, which is given for a fixed... | |
| John Shepard - 1840 - 228 pages
...quantity of the same kind of pure metal; and two sums of different countries are commercially at par, when they can purchase an equal quantity of the same kind of pure metal. Exclnnge is used to denote a place where Merchants, Bankers ar.d Brokers congregate. Extension, implies... | |
| Benjamin Greenleaf - 1841 - 334 pages
...of the same kind of pure metal ; and two sums of different countries are commercially at par, when they can purchase an equal quantity of the same kind of pure metal. COURSE OF EXCHANGE. The Course of EXchange, is the variable price of the money of one country, which... | |
| Benjamin Greenleaf - 1851 - 374 pages
...of the same kind of pure metal ; and two sums of different countries are commercially at par, when they can purchase an equal quantity of the same kind of pure metal. COURSE OF EXCHANGE. The Course of Exchange is the variable price of the money of one country, which... | |
| Charles Pope - 1854 - 712 pages
...quantity of the same kind of pure metal : and two sums of different countries are commtrciaUy at par, when they can purchase an equal quantity of the same kind of pure metal. RULE. REDUCING MONEY INTO ENGLISH, AND vice versa. Dutch money is reduced to English by saying, as... | |
| Wesley Stoker Barker Woolhouse - 1856 - 230 pages
...quantity of the same kind of pure metal; and two sums of different countries are commercially at par when they can purchase an equal quantity of the same kind of pure metal. The intrinsic par of exchange may be computed from gold or from silver coins. As a general rule, the... | |
| Joachim Hayward Stocqueler - 1857 - 266 pages
...case in which the current value of the coin at each place (after deducting the seignorage leviable for coinage) is equal ; or, in other words, " two...quantity of the same kind of pure metal." Thus, if silver be taken from India to England, it must be sold to a bullion merchant at the market price, the proprietor... | |
| James Prinsep - 1858 - 650 pages
...case in which the current value of the coin at each place (after deducting the seignorage leviable for coinage) is equal : or in other words, ' two sums...of the same kind of pure metal.' * Thus, if silver be taken from India to England, it must be sold to a bullion merchant at the market price, the proprietor... | |
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