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" York being for bills at 60 days' sight, the interest must be deducted from the above difference." The real par of exchange between two countries is that by which an ounce of gold in one country can be replaced by an ounce of gold of equal fineness in... "
Tables of foreign exchanges: and weights and measures of the principal ... - Page 132
by H J. Baird - 1862 - 112 pages
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A Practical Treatise on Banking, Volume 1

James William Gilbart - Banks and banking - 1856 - 388 pages
...it follows that the exchange is 1-08 per cent. against England; but the quoted exchange at New York being for bills at 60 days' sight, the interest must be deducted from the above difference. The real par of exchange between two countries is that by which an ounce of gold in one country can...
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The Principles and Practice of Banking, Volume 1

James William Gilbart - Banks and banking - 1873 - 656 pages
...it follows that the exchange is T08 per cent, against England ; but the quoted exchange at New York being for bills at 60 days' sight, the interest must be deducted from the above difference." The real par of exchange between two countries is that by which an ounce of gold in one country can...
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The American Commercial Arithmetic: For the Use of the Grand Rapids Business ...

T. A. Bryce - Business mathematics - 1873 - 370 pages
...cent., it follows that the exchange is 100 percent. against England; but the quoted exchange at New York being for bills a t 60 days sight, the interest must be deducted from the above difference. The general form for the quotation of exchange with England is: 108, 108J, 109, 109J &c., which indicates...
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Banking Theory, 1870-1930: The principles and practice of banking

James William Gilbart - Banks and banking - 1999 - 674 pages
...it follows that the exchange is T08 per cent, against England ; but the quoted exchange at New York being for bills at 60 days' sight, the interest must be deducted from the above difference." The real par of exchange between two countries is that by which an ounce of gold in one country can...
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Bankers' Magazine, Journal of the Money Market and Commercial Digest, Volume 1

Banks and banking - 1844 - 866 pages
...it follows that the exchange is 0.08 per cent, against England. But the quoted exchange at New York being for bills at 60 days' sight, the interest must be deducted from the above difference. The rates for bills upon Hamburgh and Paris experienced an advance upon the prices of last post. Bills...
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Bankers' Magazine, Journal of the Money Market and Commercial Digest, Volume 6

Banks and banking - 1847 - 464 pages
...that the exchange is 3.33 per cent, against England. But the quoted exchange at New York on London being for bills at 60 days' sight, the interest must be deducted from toe above difference. RATES ON LO NDON AT Fails. Hambro', New York. 1846. (short.) (short.) (60 days.;...
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