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<p> 26 <sic>Aug</sic> 1800 (<unclear>Retract</unclear> 30 <sic>Aug</sic>) + <note>100</note> <lb/> <del>19</del> <note> Annuity Notes<lb/> Abstract</note></p><p> <note> Ch. VII Advantages <gap/> <lb/> Period III <lb/> 1<lb/> Period III From<lb/> the opening of the<lb/> 2<hi rend="superscript">d</hi> to that of the 3<hi rend="superscript">d</hi><lb/> issue.</note></p> <p> Note> Characteristic profit<lb/> of this period<lb/> Profit by reduction<lb/. of rate of interest<lb/> on the Non redeemable<lb/> part of it. Interest<lb/> Debt from £2.19<lb/> to £2.7s.5d<lb/> Rate 11s 7d per £100<lb/> except a pat £3<lb/> <del><gap/></del> of original<lb/> amount of <gap/><lb/> Interest.</note</p><p> <hi rend="underline">Ch. 7. Financial Advantages - Period III. | |||
</hi><lb/> <!-- following paragraph ringed in red ink --> <p> <!-- in red ink --> Larger Type<lb/> <del>III</del> Period III. From the opening of the 2<hi rend="superscript">d</hi> issue, <lb/>at 2 3/8 nearly (viz: £2.7<hi rend="superscript">s</hi>.5<hi rend="superscript">d</hi> per cent) <lb/>to the redemption of the last <del>parcel</del> portion of <lb/> the paper of that 2<hi rend="superscript">d</hi> issue; whereupon follows<lb/> immediately the opening of the 3<hi rend="superscript">d</hi> issue at<lb/> £1:9<hi rend="superscript">s</hi>:6<hi rend="superscript">d</hi>, being a trifle less than 1 1/2 per Cent.</p> <p> Rate <add><del> set by Government)</del> of interest on </add> the <hi rend="underline">closed</hi> issue during this period <hi rend="superscript">£</hi>2: 19<hi rend="superscript">s</hi>: 0<hi rend="superscript">d</hi><lb/> Rate of the <hi rend="underline">Open</hi> issue — — — — <hi rend="underline">2 : 7 : 5</hi><lb/> Difference, constituting the <add> rate of</add> profit <add> by the ) 11:7<lb/> operation — — — — )</p> | |||
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26 Aug 1800 (Retract 30 Aug) + 100
19 Annuity Notes
Abstract
Ch. VII Advantages
Period III
1
Period III From
the opening of the
2d to that of the 3d
issue.
Note> Characteristic profit
of this period
Profit by reduction<lb/. of rate of interest
on the Non redeemable
part of it. Interest
Debt from £2.19
to £2.7s.5d
Rate 11s 7d per £100
except a pat £3
of original
amount of
Interest.</note
Ch. 7. Financial Advantages - Period III.
Larger Type
III Period III. From the opening of the 2d issue,
at 2 3/8 nearly (viz: £2.7s.5d per cent)
to the redemption of the last parcel portion of
the paper of that 2d issue; whereupon follows
immediately the opening of the 3d issue at
£1:9s:6d, being a trifle less than 1 1/2 per Cent.
Rate set by Government) of interest on the closed issue during this period £2: 19s: 0d
Rate of the Open issue — — — — 2 : 7 : 5
Difference, constituting the rate of profit <add> by the ) 11:7
operation — — — — )
