Tates Counting House Guide to the Higher Branches of Commercial Calculations An
Tates Counting House Guide to the Higher Branches of Commercial Calculations An
William Tate
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3 Brokerages, 25 20 25 62} Commission % . . . 8 J 25 71 Paris. London. Pars. Amsterdam, . 209} 12 3| 25 53J Antwerp, }j?* 25 80 25 67 Hamburg, 186 13 11J 25 48| Frankfort, 211f 120? 25 56| Vienna, . 258} 9 53 25 55 Madrid, . 5 27 49J 25 68 Genoa, . I 1 p* 25 80 25 54J Naples, . . 423 39ft 25 62 Lisbon, . 570 53| 25 63 LONDON ON PARIS. For Remittances at 3 months, . . 25 72} Discount 3 % . . . 19 J Less 1 Brokerage, ... 2} 16f 25 55f * Perte or Discount in Francs or Lire. ARBITRATIONS OF EXCHANG...ES. 91 The arbitrated Pars being found as in the preceding Section, "Arbitrations of Exchange, " pages 62 and 63, the direct Rates are corrected in the following manner. < Bills at 3 months being used, the two direct rates require to be converted into short or cash rates. Properly, the two Brokerages attendant on the indirect Bills should be deducted from each of the arbitrated Pars ; but it answers the same purpose, for the comparison, to add them with its own Brokerage to the rate of the Returns.
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