ent stock, on being allowed a discount of 17 per cent. to which C. consents, and he is paid accordingly.-Required the result of this concern, as shown by the company's books at closing. Ans. A. now owns 3, valued at $4491 B. C. receives for his part 2994 1485 22. Estimate of a voyage for the Ship Washington, from Boston to Batavia, viz. Suppose the ship and appurtenances to be worth $16000; outfits $2600; specie in dollars $136500; premium on them to be 2 per cent.; interest on capital for 16 months at 6 per cent. per annum; coffee to be at $21 per picul in Batavia, and Specie at par, and the whole invested. The disbursements there amounting to $2300, being paid out of the owner's funds in Batavia. Supposing each picul to weigh in the United States 130 lb. and to sell at 22 cents per lb. and the ship to be valued at $14000 on her return, what would it leave for expenses and profit? Ans. $20785,60. 23. Estimate of a voyage of the Ship Clinton of NewYork, from Amsterdam to Batavia, and back to Amsterdam, viz. Capital invested in guilders and merchandize $80000, to yield a gain of 12 per cent. in Batavia, which sum, besides discharging $1300 for disbursements there, would purchase 3700 piculs of coffee at $23 per picu, and 600 piculs of sugar at $6 per picul. Supposing the coffee to sell in Amsterdam at $30, and the sugar at $9 per picul, what would be the gain, allowing 7 per cent. for interest, and 5 per cent. for insurance, and $9000 for all expenses and wear of the ship for 12 months. Ans. $17800. MERCANTILE PRECEDENTS. BILL OF EXCHANGE. Newburyport, Feb. 12, 1804. EXCHANGE for £1000 sterling. Ar twenty days sight of this my first of Exchange, (second and third of the same tenor and date not paid) pay to John Parker, or order, One Thousand Pounds Sterling, with or without further advice from Your humble Servant, Messrs, DUTTON & GREEN, Merchants, London. WILLIAM PRINCE. PROMISSORY NOTE. Boston, May 5, 1804. For value received, I promise to pay to Simon Simmonds, or order, seventy-eight dollars fortyeight cents, on demand, with interest after two months. WILLIAM POOLE. Attest, SAUL JAMES.. A RECEIPT FOR AN ENDORSEMENT ON A NOTE. Boston, July 12, 1804. Received from Mr. William Poole, (by the hands of Mr. Benjamin Flint,) thirty-eight dollars seventy cents, which is indorsed on his note dated March 5, 1804, for fifty dollars, and payable to me on demand. SIMON SIMMONDS. 1 $38 70 cts. RECEIPT FOR MONEY RECEIVED ON ACCOUNT. Boston, January 10, 1804. (by the hands of Mr. Thomas thirty dollars on account * $130 Received from Mr. D. Evaus, GEORGE PAGE. * When bills or receipts are lost or mislaid, and others of the same tenor and date are required, they should be marked duplicates, to prevent misunderstand ing. PROMISSORY NOTE BY TWO PERSONS. Newburyport, 12th July, 1804. For value received, we jointly and severally promise to pay to Mr. Samuel Rich, or order, Five hundred dollars fifty-four cents, on demand, with interest. Attest, WILLIAM BOLTON. NATHAN SAYBORN. STEPHEN NEEDY. November 15, 1827. For value received, we the subscribers, A. B. as principal, and C. D. and E. F. as sureties, promise jointly and severally to pay to G. H. or order, Five dollars, in sixtythree days, with interest after. A. B. C. D. E. F. GENERAL RECEIPT. New-Bedford, March 27, 1804. Received from Mr. N. B. the sum of Ten dollars twenty-nine cents, in full of all demands. $10 29 E. D. BANK NOTES. When a note is offered at a bank for discount, two endorsers are generally required, to the first of whom it is said to be payable: Thus A. having occasion for a sum of money, procures B. and C. as endorsers to his note, and offers it for discount in the following form: $100 For value received, I promise to pay B. or order, at the Bank, on demand, one hundred dollars, with interest after days. A. When state notes, bank shares, &c. are loaged in a bank as security for moneys, a note is presented in this form: For value received, I promise to pay the President, Directors and Company of the Bank, or their order, at said Bank, on demand, dollars, with interest after days. C. D. ACCOUNTS OF SALES. SALES of 20 hhds. 7 bbls. and 31 bags Coffee, for and on risk of Mr. William Stillman, merchant in Portland. 1804. March 15, William Edes, 20 hhds. wt. 14376 lb. at 23 cts. per lb. 16, George Watts, 7 bbls. wt. 1493 at 23 cts. 343 39 17, Peter Bates, 31 bags, " 5507" 23" 1266 61 Net proceeds passed to his credit, $4788 61 SALES of sundry merchandize received per the ship Juno, Capt. Dane, from Machias, and disposed of for account and risk of Amos Goodwin, merchant there. Net proceeds carried to the credit of his account, $1246 13 Errors excepted, &c. $10 50 32 22 42 72 SALES of 19 hogsheads and 7 bbls. of Wine received per the schooner Ruby, Richard Butler, master, from Portsmouth, for account and risk of Daniel Edwards, merchant there. Gauging 26 casks 4 62 760 70 3.25 Cooperage $3 on hhds. $1,50 on bbls. 4 50 Advertising 1 25 Commission on $21188,25 at 5 per cent. 109 41 178 83 Net proceeds, $2009 42 Outstanding in the nands of Moses Bliss $339 7 |