The merchants map of commerce wherein the universal manner and matter relating to trade and merchandize are fully treated of, the standard and current coins of most princes and republicks observ'd, the real and imaginary coins of accounts and exchanges express'd, the natural products and artificial commodities and manufactures for transportation declar'd, the weights and measures of all eminent cities and towns of traffick in the universe, collected one into another, and all reduc'd to the meridian of commerce practis'd in the famous city of London / by Lewis Roberts, merchant.

CHAP. CCCCXVIII. Of Orders and Commissions given and received for Draughts and Remittances.

* 1.1ACcording to my proposed method, I will here briefly insert some Examples of Draughts and Remittances made here by Order and Commission from other places.

* 1.2From Naples then cometh Order to Millan, to remit for Placentia at 133 Sol. and to prevail for Genoa at Sol. 118½, the parcel being for 3000 Crowns of Mark. Now there are Bills found for Placentia at Sols 131. considering 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 118½, the price inordered, 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 remitting to Placentia at Sol. 131, and the Commission will remain effected according to the Order given. 〈 math 〉〈 math 〉

* 1.3Again, from Lions is order given to Millan, that they may draw for Lions at Sol. 118, and re∣••it to Venice at Sol. 145, the parcel being for Duc. 5500 of l. 6⅓ per Duc. there is money for Lions at Sol. 119, and Bills for Venice at Sol. 144⅓, I demand if at these prices the order may be per∣formed? Say by the Rule of Three, taking one of the prices which is found for divisor, by reason that Millan giveth (according to my former method) the certain price to Venice, and the uncer∣tain to Lions; and say, If 144⅓, the price found for Venice, give Sol. 118, what will 145 the price inordered give? And it will make 118½, so that the said Commission at the prices found, may be effected to benefit, because that remitting to Venice, at the said price of 144⅓, the Draught may be made for Lions at 118½, and there is money found at Sol. 119. As by Example: 〈 math 〉〈 math 〉

* 1.4Again, from Rome cometh Order to Millan, to draw on them at Crow. 115, and remit to Pla∣•…•…ntia at 132 Sol, the party being for Crow. 4000, there is Bills found for Placentia at Sol. 133½, and mo. for Rome at Crow. 11. 6⅔, I demand if at these rates the Commission may be performed without loss? Say by the Rule of Three, If Sol. 132 give Cro. 11. 5. tho price limited, what will 133½

give, the price found for Placentia? And it will come to Crow. 116. 6. 1. so that the Commission 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 Crow. 116 3/18, and there is found at more, that is to say, at Crow. 116⅖; as per Example: 〈 math 〉〈 math 〉

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

Notes

• * 1.1

  Orders and Commission•• given and re∣ceived for Draughts and Remittances in Millan.
• * 1.2

  1 Example.
• * 1.3

  2 Example.
• * 1.4

  2 Example.