(1) 3520 Taels, at 4 mos. 3s. 91ğd. Discount, 3 p.c. (2) £780. 198. 5d., at 4 mos. 3s. 10d., and 4 mos. at 48. 1d. Discount, 1 p.c., 24 p.c. 2. Indirect. London-Shanghai. (1) Through Paris, 3 mos. 25.53, 4 mos. 5:35. (2) Through Calcutta, T.T. 1s. 41d. Demand, 313. Direct Rates, 4 mos. 3s. 9d. and 4 mos. 4s. 1d. Discount, 3 p.c., 2 p.c. Minimum cost of £310. 15s. 8d. and 13750 Taels? The Siamese cattie (the cally)=2 Chinese catties=23 lbs. Av., but the Siamese picul = 50 callies 1 Chinese picul. Since 1871 the legal money has been the yen of 100 sen. = The yen is silver 900 fine weighing 416 grains Troy 26-9563 grammes and is equivalent to the Mexican dollar which it has now virtually supplanted since 1879, when the new yen was declared legal tender and on a par with the Mexican dollar. The standard was however double, as the Japanese coined gold yens at a proportion of 1: 16:173818. In consequence of the fall in silver these gold yens have been largely sent to Europe and the actual standard was silver till recently. In Oct. 1897 Japan adopted the gold standard. Hong-Kong is quoted sight and 10 days' sight at disct. or prem. p.c. Yens for Dollars. Gold Yens are generally quoted per 400 Dollars, e.g. 390 (i.e. gold Yens) for 400 Yen-Dollars. Weights and Measures. WEIGHT. 10 momme =1 jumomme (tael). These weights are exactly the Chinese. The keng (inch) = 74.9 Eng. inches (Kelly) = 6.2416 ft.=2.0805 yds. For cloth and textile fabrics, the tsune sasi is used=14 Eng. ft. 1. Direct. 2. 3 p.c. S. AMERICA. EXAMPLES. (1) £768. 10s. 9d. at 4 mos. 38. 8d. Discount, 3 p.c. Indirect. London- Yokohama. Discount, 2 p.c. (2) Through Hong-Kong, 38. 44d., 5 p.c. premium. Debts, £250. 8s. 10d. and 7128 yens. 363 Discount, 2 p.c., SOUTH AMERICA. The Argentine Republic. 1 peso Moneys. = 100 centesimos or 8 reales. The standard is nominally gold, but actually an inconvertible paper currency much depreciated and fluctuating is alone in use. fine. The premium on gold is about 220 p.c. The peso is silver and weighs 27.11 grammes 900 There are 5, 10, 20-peso gold pieces. Exchanges. Buenos Ayres receives from London pence per (gold) peso, from Paris francs per (gold) peso, from Hamburg marks per (gold) peso at 90 days' sight, but this is quite useless at present. Weights and Measures. Metric and Old English (American and English merchants). The standard is nominally gold-silver is not legal tender-but really the medium of exchange is an inconvertible paper at a heavy discount. The 20, 10, 5-milreis pieces are gold, the 2, 1, -milreis pieces are silver. Mint par for gold. 1 mlr. 26.93d. £18.912 milreis. This is of course totally useless at present. Exchanges. The bill stamp is 1 per mille additional for every 200 mlr. up to 1000, and then for every 1000 mlr. Rio de Janeiro receives from London 90 and 60 days' sight 12gd. (Bank paper) per milreis-it gives to Paris, Hamburg and Lisbon at 90 days' sight 230, 270, 1230 reis (paper) per franc, mark, and milreis respectively. Weights and Measures. The Metric (since 1874) and Portuguese. |