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BURNING BANK OF ENGLAND NOTES.

Once a week, Bayß tlje Tattler,, the contents of about ninety boxes—the notes paid by the Bank of England issued in the corresponding ,week .five years ago -are emptied into a; huge; kiln. Firois. supplied; and as aoort aa it 5b aeen that the' mass is well alight'the'doors are closed. By the next morning the paper which represented many thousands of pounds is a maßßof dust and wlies,, ready for.the dustman,to,cart away.^..jtfbw and ihefi, however,a curiosity iiTia'M fr6tn;the flames. One such is Bhow/ii in thf shape of a note dated July, 1736, presented o'n.the9th March,lß47-clean, and in -good preservation.. ownep.of this note "put his' money 'to. tie exchangers," instead of'into a secret pocket, his heirs would'have ■',' received it with usury" to the extent of. a; little ov6r £6OOO, v An even more curjous case happened at the. bank on Christmas Eve last. A bank poßt bill for £25 and a note for £2O, dated December, ,1762, were presented on that day. Had these documents been invested at compound interest, the value of the former would'have been £11,13214s llid, and of. the second £8906 3s il|d.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WDT18801104.2.7

Bibliographic details

Wairarapa Daily Times, Volume 2, Issue 611, 4 November 1880, Page 2

Word Count
190

BURNING BANK OF ENGLAND NOTES. Wairarapa Daily Times, Volume 2, Issue 611, 4 November 1880, Page 2

BURNING BANK OF ENGLAND NOTES. Wairarapa Daily Times, Volume 2, Issue 611, 4 November 1880, Page 2

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