JB/002/164/001

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Profit. 1. Profit by difference between selling
price of a £3 a year Note Annuity and buying
price of a do Stock Annuity.

In the calculation of this branch of profit
one element the quantum of there is one element the quantum of
which may be assumed upon unimpeachable ground authority.
This is, the probable average price of
+ 6th edit. pp. 26,37 and Append. No 3. Stock 3 per cents bought taken out of the market
upon the buying in place before the commencement
of the period at during which Sto these Annuities
being at or above par the be paying off plan
will have taken place of the buying-in plan.
This In Mr Secretary Rose's Finance pamphlet for
1799 this average price is stated at 85. + on average, £84: difference, on the profit £15 per cent per Cent Selling
price is £ constantly 100: — of buying price, on in
in the present instanceth

Such being the rate of profit, the quantum
of profit will be as the quantum of Annuity
Note paper issued and consequently thereat as the quantity
of Stock bought in with by produce of the sale
of Annuity Note paper [and consequently as the
amount of Annuity Note paper issued] by the time
of the arrival of 3 per Cents at par; on from which
day, casual and momentary depressions apart, the profit on this
score will be altogether at an end.

Identifier: | JB/002/164/001 "JB/" can not be assigned to a declared number type with value 2.
Date_1		Marginal Summary Numbering	3
Box	002	Main Headings	annuity notes
Folio number	164	Info in main headings field
Image	001	Titles
Category	text sheet	Number of Pages	1
Recto/Verso	recto	Page Numbering	f4
Penner	jeremy bentham	Watermarks	<…>m 1798
Marginals	jeremy bentham	Paper Producer	frances wright
Corrections		Paper Produced in Year	1798
Notes public		ID Number	903
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