The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1863-04-07

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)RK HERALD, TUESDAY
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CIRCULATION IN CODA CURIOUS
MATHEMATICAL CALCULATION.
Under this captio. The NEW YORK LEDGER 70.
this week pubIshes an article which win interest
all the Wall street spectators. Money, at SIX pei
cent per amum, compound interest, doubles
itself in . triSe less than twelve years. For the
sake of convenience, and TO keep within the limits
Of this calculation, We viii say twelve years.
Then the principal, say One Cent, win be doubled
one hundred and Hfty-6ve times IN eighteen hum
dred and sixty years. This increase l. found, by
laborious computation, to reach the enormous sum
Of four hundred and nfty-dx tredscillions of dol.
hrs-an amount so inconcsivably great Is to 70.
quire for its expression line Of forty-hve places
Of figures.
SPECULATION IN GoLD.-A CURIOUS
MATHEMATICAL CALCULATION.
Under this caption the NEW YORK LEDeERfor
this week publishes an article which WIN interest
all the Wall street spectators. Money, at six per
cent per annum, compound interest, doubles
itself in trife less than twelve years. For the
sake of convenience, and to keep within the limits
Of this calculation, we win say twelve years.
Then the principal, say One Cent, will be doubled
one hundred and Hfty-five times in eighteen hun.
dred and sixty years. This increase is found, by
laborious computation, to reach the enormous sum
Of four hundred and fty-six tredecillions of dol
lars-an amount so inconceivably great as to re-
qure for its expression line of forty.fve places
Of figures.
SPECULATION IN CODA CURIOUS
MATHEMATICAL CALCULATION.
Under this caption the NEW YORK LEDGER for
this week publishes an article which win interest
all the Wall street spectators. Money, at six per
cent per annum. compound interest, doubles
itself in trihe less than Twelve years. For the
sake Of convenience and to keep within the limits
Of this calculation. we win say twelve years.
Then the principal. cay One Cent. win be doubled
one hundred and nfsy-ave times in eighteen hun.
dred and sixty years. This increase is found, by
laborous computation, to reach the enormous sum
Of four hundred and afty-dx tredecillions Of dol
lars-an amount 30 inconceivsbly great a. to re.
quire for ito expression line Of forty-ve places
of figures.
SPECULATION IN GoLD.-A CURIOUS
MATHEMATICAL CALCULATION.
Under this caption the NEW YORK LEDGER
for this week publishes an article which will In
terest all the Wall street spectators. Money, at
SIX per cent per snnum, compound interest,
dou,,Ia. txao1f IN q fr;Ho lo.u than <wnlva vaov.
For the sake Of convenience, and to keep within
the limits Of this calculation, we win say twelve
years. Then the principal, say One Cent, will be
doubled one hundred and fifty five times in eighteen
hundred and sixty years. This increase ia found,
by laborious computation, to reach the enormous
sum Of four hundred and ffty.six tredecillions Of
dollars-an amount 20 inconceivably great % to
require for ito expression line Of fortyAve places
Of figures.
SPECULATION IN CODA CURIOUS
MATHEMATICAL CALCULATION.
Under this caption the NEW YORK LEDGER for
this week publishes an article which win interest
all the Wall street spectators. Moneys six per
cent per annum, compound interest, doubles
itself in tribe less than twelve years. For the
sake Of convenience. and to keep within the limits
Of this calculation, We win say twelve years.
Then the principal, say One Cent, win be doubled
one hundred and ffty-hve times in eighteen hun.