any profit.
during the two months that the exemptions from Mint charges accorded to them in Government Notification of 20th December is in operation, and the possible charge of 1/10 % for remitting, loss of interest during coinage and wastage by dirt so makes it "very unlikely that Bankers and Merchants will care to have the conversion effected.
1000 Bars Silver of 0.877 fineness or fine (the ordinary standard quoted) is sold in Hong Kong on the market weight for weight with Mexican dollars at a premium varying with the fluctuations - it is from 9/2 to 10 per cent - 1000 taels of bar silver would convert into £1542.50 new dollars.
It would cost in Mexican's at 101⁄2 premium £1861.15
10% # £1234.19
91⁄2 # £1827.20
9 # £1790.22
81⁄2 # £1753.20
8 # £1716.27
adding thereto the Mint charge of 2.0%, it follows that bar silver will not be sent for coinage unless the premium falls to less than 81⁄2d.
Sycee at the usual touch contain in 1000 taels weight 369692.8 grains of pure silver; this at 594.4 grains per Hong Kong dollar would convert into 168797.
1000 taels of Sycee at 1/2 % cost £1685.56
91⁄2 # £1492.32
9 # £1499.31
2
any profit.
leen
during
the two monitis
that the exemptions from Mint charges accorded to them in Government Notification of 20th December is in operation, and the posible charge of 1/10 % for premeeting, les of Interest devring coinage and weight by dit so maskes it
the
of
"very unlikely
that Bankers and Merchants will care to
have the
cnvasion
effected.
996
1000
Bar Silva of 17 betterness or fine (the ordinary shind quoted) is seld in lack on the maister wouight for weight wich Musican dollar of premium varying with the nochanges - is from 9/2
the ruling premium
de 10 per
wavu
at a
cent - 1000 lack of bar silou
would convert into & 1542. 50 new dollows.
It would. eest in Mexican's at
10/1⁄2 of premium 21861.15
10%
#
1234.19
91/2 of
4
1827.20
9 of
8p
#
}
#
#
18 20. 22.
173.20
1506.27
366
adding be there the hit change of 2.0%
it follows that bar silver will not be sent for comage unless the premium
falls to life than 8/2.0p.
of 984/4
www.
it
Naignan Syese at the usual touch
contain in 1000 tails weight 369692.8
grain of pune silon this at 594.4 growns
忻
fror thongting dellar would convert into 168797.
Arrezer
1000 lacs of Sye at 1/2 % from: cost & 1685. 56
#
91/2 of
#
مرام
1492.32
#
1499.31
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