Library / Economics & Business

Everybody's Guide to Money Matters With a description of the various investments chiefly dealt in on the stock exchange, and the mode of dealing therein
by William, F.S.A., of Exeter Cotton
- Pages
- about 135
- Category
- Economics & Business
- Language
- English
- Reading time
- 2.5 h at 250 wpm
From the opening
THE Author, emboldened by a Banking expe-
rience of over forty years, offers this little work
to the public in the hope that, elementary though
it be, it may prove acceptable to many persons
of both sexes.
The work has been prepared chiefly for the
use of women, a vast proportion of whom are
brought up in utter ignorance of money matters
in the simplest form, though otherwise they may
be highly accomplished.
The subject, it must be allowed, is not a fasci-
nating one, but there are periods in the lives of
most persons when some knowledge of money
matters may be useful and even necessary.
MONEY is the medium by which we may acquire
from others, who are willing to part with them,
such things as we may desire. The price of an
article is the value set upon it by the possessor,
as represented by an expressed sum in money.
The price of some things are arbitrarily fixed
by law or custom, such as stamps, professional
fees, duties, &c.
The standard of value in this country is gold,
and it is as against gold, represented by coins
of different denominations, that the value of all
commodities is estimated.
The authorised coins of the United Kingdom
consist of the following pieces:-
GOLD.
Five-sovereign piece, equal to Five pounds.
Two-sovereign piece, equal to Two pounds.
One-sovereign piece, equal to One pound.
Half-sovereign piece, equal to Half-a-pound.
SILVER.
A crown, or five-shilling piece, equal to one-
fourth of a sovereign.
Double-fiorin, or four-shilling piece, equal to
one-fifth of a sovereign.
Half-a-crown, or two shillings and sixpence,
equal to one-eighth of a sovereign.
Florin, or two-shilling piece, equal to one-
tenth of a sovereign.
Shilling piece, equal to one-twentieth of a
sovereign.
Sixpenny piece, one-half of a shilling.
Threepenny piece, one-half of a sixpence.
A short sample. Read the whole book
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