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The E-Sylum:  Volume 9, Number 28, July 9, 2006, Article 31

FEATURED WEB PAGE: NEWFOUNDLAND BANKING INSTITUTIONS AND CURRENCY

This week's featured web page is on "The Coins and Currency of
Newfoundland", an article by C.F. Rowe, from The Book of
Newfoundland, 1967.

"In the late 1700's, with the increase in population, coin became
more common. It consisted mainly of British currency, but coins of
other countries were also in circulation. As well, Notes valued
from five pounds to five shillings were available. Large transactions
between firms were usually covered by Bills of Exchange, transferred
from one firm to another in much the same way as bank Notes are
exchanged today."

Featured Web Site

  Wayne Homren, Editor

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