4 Fjerdingkar 22 Tönder 144 Potter (Liq.) 1 Tönde 1 Tönde 1 imp. qr. 1 Dan. Corn Last DANISH MEASURES. DRY. =1 Skjepper. 1 D. Corn Last. =1 D. Lune (Salt) Last. =1 Tönde = 4 cub. ft. D. =3.827566 imp. bushels. =2.0901 Tönder. =10.5258 imp. qrs.306 066 hectol. 1 Corn Shipping Last 80 c. ft. Danish =2 tons (Eng. Reg). 1 D. Mül =68647 Eng. yds. =1.45673 D. Ell. 335 =8237.82 E. yds. = 4.68058 E. mi. = 7·5325 kilom. Norwegian Deals are reckoned by the Norwegian Standard Hundred =120 pieces, each 12 feet long, 3 inches thick, 9 inches broad=270 English cubic feet. Her monetary system is the same as Denmark. 4 kroner are taken as equal to the old species daler of 120 skilling (= 2 Danish rigsdaler). Exchanges. The Scandinavian law on bills of exchange abolishes the 10 days of grace hitherto existing in Norway. The Course of Exchange is the same Copenhagen. as at Weights and Measures. The metric system since 1875. The former weights and measures were those of Denmark. Deals shipped at Christiania, Drammen, Frederickshall and Gothenburg (in Sweden) are measured by the Norwegian standard hundred of 120 pieces 12 ft. long. 3 inch. thick, 9 inch. broad Eng. measure (= 270 c. ft.). By the Scandinavian Mint Convention of 1872 (Sweden, Denmark-afterwards Norway) the gold standard has been introduced. The money is the same as in Denmark. Legally the new krona is taken as equal to the old rigsdaler riksmynt. This gives silver to gold as 1 : 15-81. Also 8 daler banco are taken as equal to 3 daler species or 12 rigsdaler riksmynt, but these are rapidly disappearing. SCANDINAVIAN BILLS. 337 Bills and Exchanges. The Scandinavian law on bills of exchange is in force. Bills pay 1 krona stamp without regard to the amount. Seconds or copies are exempt. Letters of credit pay 50 öre (as stamp). Weights and Measures. Since 1889 the French metrical system exclusively. It has been in use since 1875 with the old system. These former weights and measures were also decimal, but the integers were various and very confusing, e.g. there were six weights and four dry measures. 1. Direct. EXAMPLES OF EXCHANGES. (1) £625. 78. 84d., at 3 mos. 18:37, 3 mos. 18·12. count, 3 p.c., 2 p.c. Dis (2) Kr. 18561-74, at 3 mos. 18:34, 3 mos. 18.11. Discount, 1 p.c., 2 p.c. 2. Indirect. 2 p.c. London-Stockholm. (1) Through Paris, 25 171, 71:32. (2) Through Copenhagen, 18-25, 98.95. (3) Through S. Petersburg, 102-31, 195·00. Direct rates, 3 mos. 18:40, 3 mos. 18:09. Discount, 3 p.c., Find minimum payment for debts of £8000. 20,000 Kr.? TURKEY IN EUROPE. = Moneys. = 100 aspres 1 piastre 40 paras. 100 piastres = 1 gold medjidié or Turkish lira. This coinage was issued in 1844 and is called medjidié, after the Sultan Abdul-Medjid. The gold coins (not now coined) are: The lira turca (medjidié) = 100 piastres, weight 111.359 gr. Tr. = 7.216 grammes fine. The ellilik = lira turca The tzeirek = 50 piastres. = 25 "" The standard is.. nominally gold, but practically silver, as gold is no longer coined. The silver coins are 1-piastre, 2 (ikilik), 5 (bechlik or silver medjidié), 10 (onlik or 1 medjidié), 20 (gumneh or silver medjidié) piastres, 830 fine. There are many base silver coins, and every European nation has given coins to Turkey. £1 is taken at 125 piastres, 1 napoleon at 100. Five-franc pieces and smaller Russian and Austrian coins form the chief part of the foreign silver currency. Gold and silver coins are at a premium against caïmés a paper currency issued during the RussoTurkish War-now almost out of circulation. Mint Par for gold £1 = 110700 T. piastres. £1 T. = 18/08. This is useless owing to discontinuance of coinage. Exchanges. The bill stamp is per mille. Of bills in sets only one need be stamped. TURKISH WEIGHTS. 339 Course of Exchanges. Constantinople gives to London. 3 mos' date: 31 days' sight. 109'50 P. for £1. Constantinople receives from 23 Fr. for £1 Turkish. 12 Fl. 44 P. for 1 Franc. EXAMPLES. 1. Direct. London-Constantinople. (1) £512. 18s. 9d., at 3 mos. 110-56, 3 mos. 108.75. Discount, 1 p.c., 2 p.c. (2) £T.4000, at 3 mos. 111.96. Discount, 1 p.c. (3) £684. 17s. 6d., at 3 mos. 109-71. Discount, 11 p.c. (4) £T.300 74, at 3 mos. 111:40, 3 mos. 108·25. Discount, 2 p.c., 1 p.c. Weights and Measures. The metric system introduced in 1874. In 1882 by decree of the Sultan the archine was declared to be one metre in length and adopted as the unit. The oka was divided into 100 drachmas subdivided in tenths. The old weight (oka) remains in force only for gold and silver. Former weights and measures still in use to some extent : |