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1888. 1889.
Estimate based on the 2nd and 3rd antecedent year 122·4 132·02 122·01
Estimate based on the 3rd and 4th antecedent year 124·16 127·99 121·94
Estimate based on the 4th and 5th antecedent year … 129·33 133·15
Total 246·56 889·34 377·1
Divisor 2 3 3
Average 128·28 129·78 125·7
Estimate based on the 2nd antecedent year 114·07 137·21 127·82
Estimate based on the 3rd antecedent year 127·42 123·37 117·78
Estimate based on the 4th antecedent year 118· 129·71 130·50
Estimate based on the 5th antecedent year … 128·58 134·61
Total 359·49 518·87 510·71
Divisor 3 4 4
Average 119·88 129·72 127·68
Note.—As the census of the coin takes place in May, the year of taking it has been taken into consideration. Thus, in the case of the 1890 figure, calculated upon the second year, the deduction has been based on two years and five-twelfths.
It is interesting to compare these estimates with those in Tables G and K for the same years:—
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1888. 1889. 1890.
Table G . . 112·150 115·671 118·284[1]
Table K, Estimate B ............ 113·16 114·39 119·26
Present Estimate .............. 119·83 129·72 127·68
It will serve no good purpose at present to carry these estimates any further, in the absence of a searching criticism on the methods adopted. My own belief is that these figures slightly over-estimate the mass of rupees at present existing in India.
The Editor regrets that he is obliged by want of space to postpone to next number the remainder of the paper, in which the author takes account of the corn lying unissued in the Government reserves, estimates the volume of National mintages, and supports his conclusions by copious appendices, to many of which reference has been made above.
- ↑ The number of rupees circulating in the respective years is found by multiplying each figure in the text by ten million.
