★ Find a new page to transcribe in our list of Untranscribed Manuscripts
m 1 revision: Importing all JB pages from Main Namespace on Testwiki |
No edit summary |
||
| (4 intermediate revisions by 2 users not shown) | |||
| Line 1: | Line 1: | ||
[ | '''[{{fullurl:JB/002/196/001|action=edit}} Click Here To Edit]''' | ||
<!-- ENTER TRANSCRIPTION BELOW THIS LINE --> | <!-- ENTER TRANSCRIPTION BELOW THIS LINE --> | ||
- - | |||
<p> + <note>98</note><lb/> <note>Annuity Notes<lb/> Abstract</note></p> <p> <note> Ch. V1 Redemption <gap/> <lb/> <gap/> Period II</note></p> <p> 13. Profit by reduction of 4 and 5 per Cents <lb/> to 3 per cents <hi rend="superscript">(a)</hi> <!-- note in red ink --> <note> (a) Note at bottom of <lb/> this page</note></p> <p> This will be seen from the following Table: in which <lb/> the <del> supposed</del> <add> assumed</add> order of redemption is <del>discounted</del> that<lb/> <del>from</del> which <del>now</del> is most advantageous to <del> both parties</del><lb/> <add><del>taken together</del></add> viz: the public <del> and the Limitation</del> of <lb/> any that would be consistent with the terms of<lb/> the respective Loans.</p> <!-- table of six columns. No entries in first column, lettered Margin notes in red ink--><p> <!-- Column headings --> Species of Stock — Amount of each Species — Amount of Interest on each species — <hi rend="underline">Units</hi> of profit by <del>made by</del> reduction — <hi rend="underline">Amount</hi> of profit by reduction.</p> <p> <!-- lines of entries under the above headings --> 4 per Cent <hi rend="superscript">(b)</hi> 25,000 000 1,000 000 1 per <sic>C<hi rend="superscript">t</hi></sic> 250,000 <note>(b) Note (b) at bottom<lb/> of this page</note></p> <p>5 per Cent limits) 28,125,582 843,765 2 per <sic>C<hi rend="superscript">t</hi></sic> 562,510 <note>281255<lb/>2<lb/>562510</note></p><p> 4 per Cent 2 remaining <hi rend="superscript">(e)</hi> ) 19,759,859 7,90,392 1 per cent 197,598 <note> (c) Note (c) in p.99<lb/> 840765</note></p> <p> 5 per Cent Loyalty (d) 23 Dec. 1796 ) 20,250 000 1,013,500 1 per cent 208,500 <note>(d) Note (d) in p.99. <!-- illegible number in pencil under this note --> </note></p> <p> <!-- column totals --> 93,135,441 3,646,657 £1,212,608 <note> 1012500</note></p><p> <note> Ch. VII. Financial in <lb/> p.100</note></p> <pb/> <p><!-- added in red ink --> Note (a) to p.98</p> <p> (a) This would of course be reduced, along with the 3 per<lb/> Cents, to the £2:19.<hi rend="superscript">s</hi> per Cents; but, as credit has already <lb/> been taken for the reduction of the 1<hi rend="superscript">s</hi> per cent upon the <lb/> whole amount of Stock Annuities of all sorts, it would<lb/> be repetition to add it to the amount here.</p> <p> <!-- in red ink -->Note (b) to p.98</p> <p> (b) By the terms of the Loan, <del>no <gap/> <gap/> the 5 <lb/>per Cents,</del> none of these <add> 5 per Cents</add> are to be redeemable <sic>till</sic> <add> the redemption of</add> 25 <lb/> millions of <del> 4 or the</del> <add> either</add> 3 or 4 per Cents has been accomplished.<lb/> <add>[+]</add> <note> [+] but, since the option is left to <del> the public</del> <add> Government</add> as between the 3 and the 4 per Cents</note> of course therefore when <add> the time</add> <del> the</del> comes for paying<lb/> up <add> i:e: redeeming at par</add> <del>the</del> 4 per Cents will be paid up before 3 per<lb/>Cents: <del> which neither</del> <add> but, so long as neither</add> 4 per cents not 3 per Cents are<lb/> as yet at par, which <Add> of them</add> will be paid off on each occasion, <lb/> will depend, of course, on the comparative price.</p> <p> <add>(a) This </add></p> | |||
<!-- DO NOT EDIT BELOW THIS LINE --> | <!-- DO NOT EDIT BELOW THIS LINE --> | ||
{{Metadata:{{PAGENAME}}}} | {{Metadata:{{PAGENAME}}}}{{Completed}} | ||
+ 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. |
|||
|---|---|---|---|
|
002 |
Annuity Notes |
||
|
196 |
|||
|
001 |
Note (a) to p. 98 / Note (b) to p. 98 |
||
|
Text sheet |
1 |
||
|
Recto"Recto" is not in the list (recto, verso) of allowed values for the "Rectoverso" property. |
F98 |
||
|
Jeremy Bentham |
1798 A<…> |
||
|
Frances Wright |
|||
|
1798 |
|||
|
935 |
|||
