COPYRIGHT PHOTOGRAPH — NOT TO BE REPRODUCED PHOTOGRAPHICALLY WITHOUT PERMISSION OF THE PUBLIC RECORD OFFICE, LONDON
PUBLIC RECORD OFFICE
Reference: ILICO
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137
Rate of Exchange for commercial bills on London at 31½ in 1865.
| Month | Bills on London (Discount/Premium) | Dollar Rate | Rupee Rate | Gold | Notes |
|---|---|---|---|---|---|
| January | 93%–95% discount | ... | 9/- at 2–45% discount | ... | ... |
| February | 9% discount | 14/7 at 94–110% | ... | ... | ... |
| March | 14/8 at 4%? | 14/7 at 129% | ... | ... | ... |
| April | 4/7 or 9th discount | ... | 4/5 discount | 3% premium | ... |
| November | 222? | ... | 23 Rupees per $100 | ... | ... |
[The original table is partially illegible; the above reconstructs legible entries. Missing or uncertain values are marked with “...”.]
The only Gold Coins legally current are those of the United Kingdom, and the East India Company's Gold Mohur, coined since the 1st September 1835, value £1.9.2 Sterling. This coin, however, is seldom, if ever, met with in the Colony. Those of the United Kingdom are the ...
The Silver Coins, Dollars of Spain, Mexico, and the South American States, bearing value to 4/2 and 4/1 Sterling respectively, if at a premium to par Sterling. The East India Company's Rupees, Half Rupees ...
The Dollar of Spain is rarely, if ever, met with as a coin, but always clipped or broken, and passed by weight — 7.1.7 mace, being equivalent to $1000. In this Colony the Spanish Dollar is not regulated as legal tender, but being the Standard by which all Commercial transactions with the Chinese are conducted, it is also the principal currency of the Island. The copper coins are those of the United Kingdom and the Copper Cash of China, 24 of which are equal to one penny Sterling.
British silver is not a legal tender above £4.
And here Dollars have always been taken interchangeably for each other at the above rates according to the assumed intention of the Queen's Proclamation of 1 May 1845. But by a Judgment of the Supreme Court given in 1854, it has been decided that such is not the effect of that Proclamation, and that Special Contracts must be satisfied in the Coin in which they are made. Considerable confusion had been the consequence.
The Dollars of Spain, Mexico, and the South American Republics, in fact all Dollars being of purity not inferior to that of the standard. Current Spanish Dollars are taken at par. The Spanish Dollars of Charles III & IV command, however, a premium of from 16 to 27 per cent, being required for the China Market, and all but the whole of them are at present in the hands of only a few Merchants.
COPYRIGHT PHOTOGRAPH-NOT TO
BE REPRODUCED PHOTOGRAPHIC- |
12 ALLY WITHOUT PERMISSION OF THE
PUBLIC RECORD OFFICE, LONDON
133
PUBLIC
RECORD OFFICE
Reference :---
ILICO.
[272]
[273]
137
COURSE OF EXCHANGE
Rate of Exchange for commiserial kille seamon at 311⁄2 in 1965.
An London
January off on 93% discount to
o 95 % discount to for Dollars. 4477012112127 -des
Yu
9/-
A
+2
45% diverunt to
to for Reefard.
$34
Ahmary off on 9ts of discount to
14/7/e on 94110% dor__} for Dollars.
March 14/84% or 82019 of divem, it to
14/7
129%.
dor } for Dellores.
April 4/7 or 9th factisement for Dollars.
yu n 4/5 disement,
disement for Rupees.
3 per cent premium for British Gold.
On Judia
April. _ 225 to 36 Report for 180 Dollars on tighe a po min
November _222/pt: 23 Rupees for $100,
A.
1245
200 to 12 of
2453
%
2
COINS.
The mly Gold Coins, legally cement are thine of the United Kingdom,
and the East India Coulsong's Gold Mohur, eninde sine the to deptember 1835, value £1.9.2 Sterling. This bitter, however, is seldom, if ever, met with in the Colony, les trove of the United Kingdom, are the
The Silver Coins, Dolours of Sporin, Mexico, and the South American status, eading
vouloit to "w/e Sterling's fit and stop respectively iff as a perfect to / Sterling, The Cast Sandia Coupony's Pupees, Half
The Dollar of Spain is rarely, if ever, met within as a epin, but always eliopped or broken, and pursed by weight - 7.1.7 tinels, being equivalent to $1000. In this starter the Spromish Dollor is not
regulated at the
-legal tender, hit beving the Standard by which all Commerente trobactions with the Chinese it is also the principal
y of the Island The copper coins are thine of the therited Kingdom wordy the Copper Cave of China, 24 of which are equal to one penny Sterling.
British silver is not a legal tender above £4.
and
Here Cain have always been taken intereliangeably for each other at the above rates incoolding to the assumed intention of the Queen's Carclamation of 1. Mary 18450. But by a Judgment of the Supreme Court given fin 18514, it have been decided thich such is not the effects of that Brelanation, and that Speacial Contracts must be Satisfied in the Coin in which they are made. Considerablem enfusion had been the endequence
The Dollour of Spain, Mexico, and the South Amerioum Refurblich, infarct all Dollars being of purity not inferior to that of the
-porr.
Current Shanish Dollars fren or taken at
no
The Spanish Dollars of Carolus III & IV Command, however, preminen of from 16 to 27 per cent, being required for the Throughse Market, and ale pot the whide of their are at present in the hands of mily a few Merchants.
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