JB/002/188/001

File:JB 002 188 001.jpg

Click Here To Edit

10.5 Profit in respect of by reduction of interest on Exchequer Bills.

This
source of profit will probably have begun to manifest itself be constrained from the former
in the course of the former period: because not till upon that fund and with the successor: for the quantity of amount of
it can be considered as having attained a certain .. of ...
among The Exchequer Bills in ..., being supposed
the amount can be easily submitted to calculation
Of During the whole of this second period, it will the rate of interest
will be that reduced rate towards which it will
have been moving in during the first period.

The rate of interest on these temporary loans
is at present has been for some years past

3d½, a day, making by the year
£5.6'.5d½ per Cent: this at a time when ... at present a premium of about 6':

from 1' to 6', at a time when 3 per Cent perpetual Annuities are about 64 or 65.

During the whole of this second period, the
i.e., while such 3 per Cents being at 100 and £2.19" per Cent Note Annuities at the same price, the rate of interest on Exchequer Bills may be
expected to be no higher than 2d a day, making
£3.0'.10d a year , or at the highest furthest2d½ a day making £3.7'.7d ½ a year

2d½ a
day making £3.18'.2d½ a year. For in 1730 (by Stat. 3. G 2. a. 16)they the interest on them was not to exceed "3 per Cent:— in 1724

Identifier: | JB/002/188/001"JB/" can not be assigned to a declared number type with value 2.
Date_1	1800-08-23	Marginal Summary Numbering	6
Box	002	Main Headings	annuity notes
Folio number	188	Info in main headings field
Image	001	Titles
Category	text sheet	Number of Pages	1
Recto/Verso	recto	Page Numbering	d6 / f90
Penner	jeremy bentham	Watermarks	tw 1794
Marginals	jeremy bentham	Paper Producer	francis hall
Corrections	jeremy bentham	Paper Produced in Year	1794
Notes public		ID Number	927
Box Contents