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REDUCTION OF CURRENCIES,

RULES, For reducing the Currencies of the several United States* into Federal Money.

CASE I. To reduce the currencies of the different states, where a dollar is an even number of shillings, to Federal Money.

They are
New-England, New-York, and 2
Virginia,

North-Carolina.
Kentucky, and
Tennessee.

RULE. 1. When the sum consists of pounds only, annex a cypher to the pounds, and divide by half the number of shillings in a dollar ; the quotient will be dollars.

2. But if the sun consists of pounds, shillings: pence, &c. bring the given sum into shillings, and reduce the pence and farthings to a decimal of a shilling; annex said decimal to the shillings, with a decimal point between, then divide the whole by the number of shillings contained in a dollar, and the quotient will be dollars, cents, mills, &c.

*Formerly the pound was of the same sterling value in all the colonies as in Great-Britain, and a Spanish Dollar worth 456-but the legislatures of the different colonies emitted bills of eredit, which afterwards depreciated in their value, iv some states more, in others less, &c.

Thus a dollar is reckoned in New-England, New-Jersey,

SouthVirginia, Pennsylvania, Carolina, 6s

786

Delaware, and Kentucky, and

-438

and Tennessee. Maryland. Georgia. New-York, &

8s N. Carolina.

Adding a cypher to the pounds, multiplies the whole by 10, bringing them into tenths of a pound; then because a dollar is just three-tenths of a pound N. E. currency, dividing those tenths by 3, brings them into dollars, &c. See Note, page 85.

EXAMPLES.

1. Reduce 751. New-England and Virginia Currency, to Federal Money.

3) 750

$ cts.

$245=243 SS4 2. Reduce 451. 15s. 7}d. New-England currency, to 20

(federal money.

d. A dollar=6)915,625

12)7,500

20

$152,604+ Ans.

,625 decimal. Note. 1 farthing is ,25 ) which annex to the pence, 2 950 and divide by 12, you

will 3

,75 ) have the decimal required. 3. Reduce 345l. 10s. 11 d. New Hampshire, &c. currency, to Spanish milled dollars, or federal money. £345 10111

d.

12)11,2500 6)6910,9375

,9375 decimal. $1151,8229+ Ans. 4. Reduce 105l. 14s. 3 d. New-York and Nortn-Care lina currency, to federal inoney. £ 105 14 37

d. 20

12)3,7500 A dollarc8)2114,3125

,S125 decimal.

1

$264,289 06 Ans.!

Or $ dcm. 06 5. Reduce 431l

. New-York currency to federal money. This being pounds only.* 4)4310

8 cts. Ans. $1077)=1077,50

*A dollar is 8s. in this currency–,4=1 of a pound; therefore, multiply by 10, and divide by 4, brings the pounds into dollars, &c.

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6. Reduce 281. is, éd. New-England and Virginia currency, to federal money.

Ans. 895,25cts.
7. Change 4631. 10s. 8d. New-England, &c. currency,
to federal money..

Ans. $1545, 11cts. Im.t 8. Reduce 35l. 19 s. Virginia, &c. currency, to federal money.

Ans. $119, 83cts. 3m. + 9. Reduce 2141. „10s. 7d. New-York, &c. currency, to federal money.

Ans. $536, 32cts. 8m. + 10. Reduce $041. 11s. 5d. North Carolina, &c. currency, to federal money. Ans. $761, 42cts. 7m.t

11. Change 2191. 11s. 73d. New-England and Virginia currency, to federal money. Ans. 6731,94cts. +

12. Change 2411. New-England, &c. currency, into federal money.

Aus. 8803, 33cts. 13. Bring žol. 18s. 5 d. New-England currency, into dollars.

Ans, 869, 74cts. 6fm. + 14. Reduce 4681. New-York currency, to federal mo. ney.

Ans. 81170 15. Reduce 175. 9fd. New-York, &c. currency, to dollars, &c.

Ans. $2; 22cts. 6,5m. + 16. Borrowed 10 English crowns, at 6s. 8d. each, how many dollars at Os, each, will pay the debt ?

Ans. $11, 11cts. lin. NOTE.-There are several short practical methods of reducing New-England and New-York currencies to Fed, eral Money, for which see the Appendix. .

CASE II.
To reduce the currency of New-jersey, Pennsylvania,
Delaware and Maryland, to Federal Money.

RULE.
Multiply the given sum by 8, and divide the product
by 3, and the quotient will be dollars, &c.*

EXAMPLES.
1. Reduce 2451. New-Jersey, &c. currency, to federal
money.
€245x8=1960, and 1960-3=8655}=$653, 33 cts.

NOTE. When there are shillings, pence, &c. in the

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given sum, reduce them to the decimal of a pound, then multiply and divide as above, &c.

2. Keduce s6l. 11s. 8d. New-Jersey, &c. currency, to federal money. £36,5854 decimal value.

8

3)292,6832(97,56106 Ans. ANSWERS. £. S. d.

$ cts. m. 3. Reduce 240 0 O to federal money 640 00 4. Reduce 125 8 0

SS4 40 5. Reduce 997 67

265 00 5 6. Reduce 1000 0

266 66 6 + 7. Reduce 25 S 7

67 14 4 8. Reduce 0 17 9

2 36 6,6 CASE IIl. To reduce the currency of South-Carolina and Georgia,

1

to federal money.

RULE. Multiply the given sum by 50, and divide the product by 7, the quotient will be the dollars, cents, &c.*

EXAMPLES.

1. Reduce 100l. South-Carolina and Georgia currencys to federal money.

1001.x30=3000; 3000:-7=8428,5714 Ans. 2. Reduce 341. 168. 92. Georgia currency, to federal money. 54,8406 decimal expression.

30

7)1545,2180

Ans. 235,0811

ANSWERS £. S. d.

$ cts. m. 3. Reduce 94

14

8 to federal money, 405 99 8+ 4. Reduce 19 17 63

85 18 7.1 5. Reduce 417 14 6

1790 25 6. deduce 140 10 0

602 14 2+ 7. Reduce 160 0 0

685 71 4

*45. 8d. or 563 to the dollar =jg of a pound ; therefore X30-7.

2

179 51 44

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£. S.

& cts, m. 8. Reduce 0 11 6

2 46 4+ 9. Reduce 41 17 9

CASE IV.
To reduce the currency of Canada and Nova Scotia, to

Federal Money.

RULE.
Multiply the given sum by 4, the product will be dollars.

Note. Five shillings of this currency are equal to a dollar; consequently 4 dollars make one pound.

EXAMPLES. 1. Reduce 125l. Canada and Nova-Scotia currency, to federal money.

125

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Ans. $500 g. Reduce 551. 10s. 6d. Nova-Scotia currency, to dollars.

55,525 decimal value.

& cts,
Ans. 8222, 100=222 10
3. Reduce 241 18 9 to federal money.
4. Reduce 58 13 64
5. Reduce 528 17 8
6. Reduce 1 2 6
ht. Reduce 224 19 0
8. Reduce ( 13 111

ANSWERS.

907 75 234 70 2115 53

4 50 899 80

2 79

REDUCTION OF COIN.

RULES

For reducing the Federal Money to the currencies of the

several United States.
To reduce Federal Money to the currency of
Ner-England,
Virginia,

Multiply the given sum by ,3
Kentucky, and

and the product will be pounds

and decimals of a pound. Tennessee

RULE.

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