The merchants mappe of commerce wherein, the universall manner and matter of trade, is compendiously handled. The standerd and currant coines of sundry princes, observed. The reall and imaginary coines of accompts and exchanges, expressed. The naturall and artificiall commodities of all countries for transportation declared. The weights and measures of all eminent cities and tovvnes of traffique, collected and reduced one into another; and all to the meridian of commerce practised in the famous citie of London. By Lewes Roberts, merchant. Necessary for all such as shall be imployed in the publique affaires of princes in forreigne parts; for all gentlemen and others that travell abroad for delight or pleasure, and for all merchants or their factors that exercise the art of merchandizing in any part of the habitable world.

CHAP. CCCCXVIII.

Of Orders and Commissons given and received for draughts and remittances in Milan.

ACcording to my proposed method, I will here briefly * 1.1 insert some examples of draughts and remittances made here by Order & Commisson from other places.

From Naples then coōeth Order to Milan, to remit for Plancentia at 133 sol. and to prevaile for Genoa at Sol 118½, the parcell being for 3000 Cro. of marc: Now there are Bills found for Placentia at Sols 131. cōsidering then the benefit, which is found in the remittance, at how much may the draught be for Genoa. Say by the rule of three, If Sol 133 give Sols 118½ the price inorderd, what will 131 give, the price found for Placentia, and it will be Sol 116⅔, and at this price the draught must be made for Genoa, in re∣mitting to Placentia at Sol. 131, and the Comisson will remaine ef∣fected according to the Order given,

〈 math 〉〈 math 〉

Againe, from Lions is order given to Milan, that they may draw for Lions at Sol, 118, and remit to Venice at Sol. 145, the parcell be∣ing for ducc: 5500 of l. 6⅕ per ducc. there is mony for Lions at Sol. 119, and bills for Venice at Sol. 144⅓ I demand if at these prices, the or∣der may be performed, say by the rule of 3, taking one of the pri∣ces which is found for devisor, by reason that Milan giveth (accor∣ding to my former method) the certaine rule to Venice, and the in∣certaine to Lions, and say, If 144⅓ the price found for Venice, gave Sol. 118, what will 145 the price inordred give, and it will make 118½, so that the said Commisson at the prices found, may be effected to benefit, because that remitting to Venice, at the said price of 144 〈◊〉〈◊〉, the draught may be made for Lions at 118 〈◊〉〈◊〉, and there is mony found at Sol. 119: as by example 〈 math 〉〈 math 〉

Againe, from Rome commeth Order to Milan, to draw on them at Cro. 115, and remit to Placentia at 132 Sol, the party being for Cro. 4000, there is bills found for Placentia at Sol 133½, and mo. for Rome at Cro. 11 6 〈◊〉〈◊〉, I demand if at these rates the Commisson may be performed without losse, say by the rule of three, If Sols 132 give,

Cro. 115 the price limited, what will 133½ give, the price found for Placentia, and it will come to cro. 116 6 1, so that the comison may be performed to benefit, because that remitting to Placentia at the said price of sol. 133½ the draught may be made for Rome at cro. 116 3/10, and there is found at more that is to say at cro. 116⅔ as per example. 〈 math 〉〈 math 〉

And thus much shall serve for the Exchanges of Milan, next is Palermo and Mesina.

Notes

• * 1.1

  Orders and Comisons given and received for draughts and remit∣tances in Milan. Example 1.