 | Anthony Birks, John Birks - Arithmetic - 1766 - 640 pages
...greater among us than the quantity to fupply that demand, which raifcs the value of their money or biHs, and lowers ours ; or, in other words, puts the price...of their money above par, and ours below it, which conftitutes what we call the courfe of exchange. From hence we may naturally infer, I. That the courfe... | |
 | William Gordon (of the Academy, Glasgow.) - Bookkeeping - 1770 - 494 pages
...its bills of exchange, becomes greater among us than the quantity to fupply that demand, which raifes the value of their money or bills, and lowers ours,...of their money above par, and ours below it, which conftitutes what we call the courfe of exchange. From thefe two confiderations we may naturally infer,... | |
 | James Arlington Bennett - Accounting - 1824 - 204 pages
...against us, which we must necessarily pay; in order to which the demand for money of that uatinti, or its bills of Exchange, becomes greater among us...money above par, and ours below it, which constitutes what we call the course of Exchange. From these two considerations we may naturally infer, 1. That... | |
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... the value of their money or bills, and lowers ours, or, in other words, puts the price of their money above par, and ours below it, which conftitutes what we call the courfe of exchange. From thefe two confiderations we may naturally infer, i. 