REDUCTION OF CURRENCIES. RULES, FOR reducing the Currencies of the several United States into Federal Money. CASE I. To reduce the currencies of the different states, where a dollar is an even number of shillings, to Federal Money. They are New-England, Virginia, Kentucky, and Tennessee. RULE. New-York, and 1. When the sum consists of pounds only, annex a cy pher to the pounds, and divide by half the number of shillings in a dollar; the quotient will be dollars.t 2. But if the sum consists of pounds, shillings, pence, &c. bring the given sum into shillings, and reduce the pence and farthings to a decimal of a shilling; annex said decimal to the shillings, with a decimal point between, then divide the whole by the number of shillings contained in a dollar, and the quotient will be dollars, cents, milis, &c. *Formerly the pound was of the same sterling value in all the colonies as in Great-Britain, and a Spanish Dollar worth 456-but the legislatures of the different colonies emitted bills of credit, which afterwards depreciated in their value, in some states more, in others less, &c. Thus a dollar is reckoned in . Adding a cypher to the pounds, multiplies the whole by 10, bringing them into tenths of a pound; then because a dollar is just three-tenths of a pound N. E. currency, dividing those tenths by 8, brings them into dollars, & See Note, page 85. EXAMPLES. 1. Reduce 731. New-England and Virginia Currency to Federal Money. 3)730 $ cts. $2431-243 33 [federal money. d. Reduce 45l. 15s. 7d. New-England currency, to 20 A dollar 6)915,625 12)7,500 . $152,604+ Ans. ,625 decimal. ,50 = 75 which annex to the pence, and divide by 12, you will have the decimal required. NOTE. 1 farthing is ,25 2 3 3. Reduce 345l. 10s. 114d. New-Hampshire, &c. cur rency, to Spanish milled dollars, or federal money. 4. Reduce 1051. 14s. 3 d. New-York and North-Caro lina currency, to federal money. 5. Reduce 4311. New-York currency to federal money. This being pounds only. 4)4310 Scts. Abs. $1077=1077,50 *Aollar is 8s. in this currency—,44 of a pound; therefore, multiply by 10, and divide by 4, brings the pounds into dollars, &c. 6. Reduce 281. 11s. 6d. New-England and Virginia eurrency, to federal money. Ans. 895, 25cts. 7. Change 4651. 10s. 8d. New-England; &c. currency, to federal money. Ans. $1545, 11cts. 1m.+ 8. Reduce 351. 19s. Virginia, &c. currency, to federal Ans. $119, 83cts. 3m.+ money. 9. Reduce 214l. 10s. 74d. New-York, &c. currency, to federal money. Ans. $536, 32cts. 8m.+ 10. Reduce 304l. 11s. 5d. North-Carolina, &c. currency, to federal money. Ans. $761, 42cts. 7m.+ 11. Change 2197. 11s. 73d. New-England and Virginia currency, to federal money. Ans. $731, 94cts.+ 12. Change 241l. New-England, &c. currency, into federal money. Ans. $803, 33cts.+ 18. Bring 201. 18s. 53d. New-England currency, into dollars. Ans. $69, 74cts. 64m.+ 14. Reduce 4681. New-York currency, to federal moAns. $1170 15. Reduce 17s. 94d. New-York, &c. currency, to dollars, &c. Ans. $2, 22cts. 6,5m.+ 16. Borrowed 10 English crowns, at 6s. 8d. each, how many dollars at 6s. each, will pay the debt? Ans. $11, 11cts. 1m. NOTE. There are several short practical methods of reducing New-England and New-York currencies to Federal Money, for which see the Appendix. ney. CASE II. To reduce the currency of New-Jersey, Pennsylvania, Delaware and Maryland, to Federal Money. RULE. Multiply the given sum by 8, and divide the product by 3, and the quotient will be dollars, &c.* EXAMPLES. 1. Reduce 2451. New-Jersey, &c, currency, to federal money. £245×8=1960, and 1960÷3-86531-8653, 331cts. NOTE.-When there are shillings, pence, &c. in the 90 240 *A dollar is 7s. 6d. =90d. in this currency of a pound; therefore, multiplying by 8, and dividing by S gives the dollars, cents, &c. given sum, reduce them to the decimal of a pound, then multiply and divide as above, &c. 2. Reduce 361. 11s. 8d. New-Jersey, &c. currency, to federal money. £36,5854 decimal value. 8 £. s. d. 3. Reduce 240 0 0 to federal money 4. Reduce 125, 8 0 5. Reduce 99 7 6 6. Reduce 100 0 0 7. Reduce 25 37 8. Reduce 0 17 9 CASE III. $ cts. m. To reduce the currency of South-Carolina and Georgia, to federal money. RULE. Multiply the given sum by 30, and divide the product by 7, the quotient will be the dollars, cents, &c.* EXAMPLES. 1. Reduce 100l. South-Carolina and Georgia currency, to federal money. 100l. X30 3000; 3000÷7=$428,5714 Ans. 2. Reduce 54l. 16s. 9fd. Georgia currency, to federal money. 54,8406 decimal expression. 30 *4s. 8d. or 56d. to the dollar➡=3% of a pound ; therefore x30-7 To reduce the currency of Canada and Nova-Scotia, to Federal Money. Multiply the given sum by 4, the product will be dollars. NOTE. Five shillings of this currency are equal to a dollar; consequently 4 dollars make one pound. EXAMPLES. 1. Reduce 1251. Canada and Nova-Scotia currency, to federal money. 125 Ans. $500 2. Reduce 55l. 10s. 6d. Nova-Scotia currency, to dol55,525 decimal value. Iars. For reducing the Federal Money to the currencies of the several United States. To reduce Federal Money to the currency of |