JB/002/196/001

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+ 98
Annuity Notes
Abstract

Ch. V1 Redemption
Period II

13. Profit by reduction of 4 and 5 per Cents
to 3 per cents (a) (a) Note at bottom of
this page

This will be seen from the following Table: in which
the supposed assumed order of redemption is discounted that
from which now is most advantageous to both parties
taken together viz: the public and the Limitation of
any that would be consistent with the terms of
the respective Loans.

Species of Stock — Amount of each Species — Amount of Interest on each species — Units of profit by made by reduction — Amount of profit by reduction.

4 per Cent (b) 25,000 000 1,000 000 1 per Ct 250,000 (b) Note (b) at bottom
of this page

5 per Cent limits) 28,125,582 843,765 2 per Ct 562,510 281255
2
562510

4 per Cent 2 remaining (e) ) 19,759,859 7,90,392 1 per cent 197,598 (c) Note (c) in p.99
840765

5 per Cent Loyalty (d) 23 Dec. 1796 ) 20,250 000 1,013,500 1 per cent 208,500 (d) Note (d) in p.99.

93,135,441 3,646,657 £1,212,608 1012500

Ch. VII. Financial in
p.100

---page break---

Note (a) to p.98

(a) This would of course be reduced, along with the 3 per
Cents, to the £2:19.s per Cents; but, as credit has already
been taken for the reduction of the 1s per cent upon the
whole amount of Stock Annuities of all sorts, it would
be repetition to add it to the amount here.

Note (b) to p.98

(b) By the terms of the Loan, no the 5
per Cents, none of these 5 per Cents are to be redeemable till the redemption of 25
millions of 4 or the either 3 or 4 per Cents has been accomplished.
[+] [+] but, since the option is left to the public Government as between the 3 and the 4 per Cents of course therefore when the time the comes for paying
up i:e: redeeming at par the 4 per Cents will be paid up before 3 per
Cents: which neither but, so long as neither 4 per cents not 3 per Cents are
as yet at par, which of them will be paid off on each occasion,
will depend, of course, on the comparative price.

(a) This

Identifier: | JB/002/196/001 "JB/" can not be assigned to a declared number type with value 2.
Date_1		Marginal Summary Numbering
Box	002	Main Headings	Annuity Notes
Folio number	196	Info in main headings field
Image	001	Titles	Note (a) to p. 98 / Note (b) to p. 98
Category	Text sheet	Number of Pages	1
Recto/Verso	"Recto" is not in the list (recto, verso) of allowed values for the "Rectoverso" property.	Page Numbering	F98
Penner	Jeremy Bentham	Watermarks	1798 A<…>
Marginals		Paper Producer	Frances Wright
Corrections	Jeremy Bentham	Paper Produced in Year	1798
Notes public		ID Number	935
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