ARBITRATIONS OF EXCHANGE.

HAMBURG H.

Hamburgh, at 60 days after sight, bought in New York at 34 cents per mark banco, and negociated in London (for cash) at 13 marks, 8 shillings banco; required the arbitrated direct exchange in New York at 60 days' sight, on London, inclusive of charges :

Pounds?=100 pounds sterling, at 60 days' sight,

100 = 100% (extra commission and brokerage in London,)

100 =

99, (1 per cent interest to establish the exchange at 2 months' sight.)

Result: 102.88. per cent.

Fixed numbers for this arbitration :

London. p. £100 st. p. £1 st. p. £100 st. p. £1 st. p. £100 st. p. £1 st. p. £100 st. p. £1 st.

D.cts.m. £
4.43.78 102.88
4.45.87 103.36

4.47.91 108.84

M.bo.sh. £ 13. 8 99.85 13. 9 100.32 13.10 100.78 13.11 101.24 4.49 96 13.12 101.71 4.52.04 13.13 102.17 4.54.09 105.27 4.67.87 108.37 4.81.64 111.46 4.95.38 13.14 102.64 4.56.18 105.75 4.70.00 108.87 4.83.86 111.97 4.97.64 13.15 103.10 4.58.22 106.23 4.72.13 109.35 4.86.00 112.47 4.99.87 14. O 103.56 4.60.27 106.71 4.74.24 109.84 4.88.18 112.98 5.02.13 14. 1 104.02 4.62.31 107.18 4.76.34 110.32 4.90.36 113.48 5.04.36 14. 2 104.48 4.64.36 107.65 4.78.44 110.82 4.92.53 113.99 14. 3 104.94 4.66.40 108.12 4.80.54 111.31 4.94.71 114.49 14. 4 105.40 4.68.44 108.60 4.82.67 111.80 4.96.89 114.99 14. 5 105.86 4.70.49 109.07 4.84.77 112.29 4.99.07 115.50 14. 6 106.32 4.72.53 109.55 4.86.89 112.78 5.01.24 116.01 5.15.60 14. 7 106.78 4.74.57 110.03 4.88.99 113.27 5.03.42 116.51 5.17.82 14. S 107.24 4.76.62 110.50 4.91.11 113.76 5.05.60 117.02 5.20.09

D.cts.m. £
4.57.24 105.90 4.70.67
4.59.38 106.40 4.72.89
4.61.51 106.90 4.75.11

D.cts.m.

£

D.cts.m.

108 93

484.13

109.44

4.86.40

109.95

4.88.67

104.32 4.63.64 107.39 4.77.29
104.80 4.65.76 107.89 4.79.41

110.45

4.90.89

110.96 4.93.16

5.06.62

5.08.84

5.11.07

5.13.33

ARBITRATIONS OF SPECIE.

DOLLARS

BOUGHT IN NEW YORK, AND REMITTED TO LONDON FOR SALE.

Deduct, interest, to establish the exchange at 60 days after sight,-say 2 months, at 6 cent annum..

If £2,230,, 18,, Od. in America produce £1,759, 4, 5d. in London, what is the exchange in America for £100 on London?

Answer, £26.81.

per oz.

p.£100st. p. £1 st, p.£100st. p. £1 st. p.£100st. p. £1 st. p.£100st. p. £1 st.

Pence.

52

52

521/

523

53

53

58

53

54

54

54

54

115.75 5.14.44

115.90

55

115.22 5.12.09 115.36

55

£ D.cts.m. £ D.cts.m. D.cts.m. £ D.cts.m. 121.90 5.41.78 122.05 5.42.44 122.21 5.43.16 122.36 5.43.82 121.32 5.39.20 121.47 5.39.87 121.62 5.40.53 121.77 5.41.20 120.74 5.36.62 120.89 5.37.29 121.04 5.37.96 121.19 5.38.62 120.16 5.34.07 120.31 5.34.71 120.46 5.35.38 120.61 5.36.04 119.59 5.31.51 119.74 5.52.18 119.89 5.32.84 120.04 5.33.51 119.01 5.28.94 119.16 5.29.60 119.32 5.30.31 119.46 5.30.93 118.45 5.26.44 118.61 5.27.16 118.76 5.27.82 118.90 5.28.44 117.91 5.24.00 118.06 5.24.71 118.21 5.25.38 118.35 5.26.00 117.36 5.21.60 117.51 5.22.27 117.66 5.22.93 117.80 5.23.56 116.82 5.19.20 116.97 5.19.87 117.11 5.20.49 117.26 5.21.16 116.28 5.16.80 116.43 5.17.47 116.57 5.18.09 116.72 5.18.76 5.15.11 116.04 5.15.73 116.19 5.16.40 5.12.71 115.51 5.13.38 115.65 5.14.00 114.83 5.10.36 114.98 5.11.02 115.12 5.11.64 114.31 5.08.04 114.46 5.08.71 114.60 5.09.33 113.66 5.05.16 113.80 5.05.78 113.94 5.06.40 114.09 5.07.06 113.15 5.02.89 113.29 5.03.51 113.42 5.04.09 113.57 5.04.76 112.64 5.00.62 112.78 5.01.25 112.92 5.01.87 113.06 5.02.49 112.14 4.98.40 112.29 4.99.07 112.43 4.99.69 112.57 5.00.31 111.65 4.96.22 111.79 4.96.84 111.93 4.97.46 112.08 4.98.13 111.15 4.94.00 111.28 4.94.62 111.43 4.95.24 111.57 110.66 4.91.82 110.79 4.92.40 110.92 4.92.98 111.05 110.18 4.89.69 110.32 4.90.31 110.46 4.90.93 110.60 109.70 4.87.56 109.84 4.88.18 109.98 4.88.80 110.12

£

4.95.87

4.93.56

4.91.50

4.89.42

PRICE

in

London,

per oz.

p.£100st. p. £1. st. p.£100st. p. £1 st. p.£100st. p. £1 st. p.£100st. p. £1 st.

Pence,

52

521

52

523

53

531

58

533

54

541

54

543

55

55

55

£ D.cts.m. £ D.cts.m. £ D.cts.m. £ D.cts.m. 122.51 5.44.49 122.66 5.45.16 122.82 5.45.87 122.97 5.46.53 121.93 5.42.91 122.08 5.42.56 122.23 5.43.24 122.38 121.34 5.39.29 121.49 5.39.96 121.64 120.76 5.36.71 120.91 5.37.38 121.06 120.19 5.34.18 120.34 5.34.84 120.49 5.35.51 119.61 5.31.60 119.76 5.32.27 119.92 5.32.98 119.06 5.29.16 119.21 5.29.82 119.36 5.30.49 119.50 5.S1.11 118.50 5.26.67 118.65 5.27.33 118.80 5.28.00 118.94 5.28.62 117.95 5.24.22 118.10 5.24.89 118.25 5.25.56 118.39 5.26.18 117.41 5.21.82 117.55 5.22.24 117.70 5.23.11 117.84 116.86 5.19.38 117.01 5.20.04 117.15 5.20.67 117.30 116.33 5.17.02 116.48 5.17.69 116.62 5.18.31 116.77 5.18.98 5.15.29 116.08 5.15.91 116.23 5.12.93 115.55 5.13.56 115.70 115.03 5.11.24 115.17 114.52 5.08.98 114.65 5.09.56 114.00 5.06.67 114.14 5.07.29 113.49 5.04.40 113.63 5.05.02 112.99 112.49 4.99.96

57

571

57

572

58

58

111.70 4.96.44 111.85
111.18 4.94.13 111.31 4.94.71
110.74 4.92.09 110.87 4.92.74
110.25 4.90.00 110.39 4.90.62
109.77 4.87.87 109.90 4.88.44
109.30 4.85.78 109.43 4.86.36

4.97.11

4.86.98 109.70
4.84.89

4.87.56

109.24

4.85.51