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Trinity High Water

You read in The Wall Street Journal that 30-day T-bills currently are yielding 8 percent. Your brother-in-law, a broker at Kyoto Securities, has given you the following estimates of current interest rate premiums:

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Yassi Curtis
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39 views1 page

Trinity High Water

You read in The Wall Street Journal that 30-day T-bills currently are yielding 8 percent. Your brother-in-law, a broker at Kyoto Securities, has given you the following estimates of current interest rate premiums:

Uploaded by

Yassi Curtis
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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Trinity High Water 

(or High Water, Trinity Standard), abbreviated T.H.W., was a vertical


datum used for legal purposes in the River Thames and informally over a much wider area. Though
not thus defined, it was about 12 feet 6 inches above mean sea level.[13]
The concept had its origin in the London Dock Act 1800[14] which authorised the making of the
Wapping basin of the London Docks and specified its minimum depth i.e. over the sill. At that time
there was no Ordnance Datum or other accepted vertical benchmark. Therefore, the 1800 Act
defined the benchmark for this dock as "the level of the river at low-water mark". Since opinions
about this might vary, it added
The same shall be settled and determined by two of the Elder Brothers of the Trinity House, within
three calendar months next after the passing of this Act, who shall certify the same in writing under
their hands and seals.
Accordingly. Trinity House — in the person of Captain Joseph Huddart[15] — set a stone in the
external wing wall of the Hermitage entrance to the London Docks.[16] It was inscribed
Low water mark is 17 feet 10 inches below the lower edge of this stone, settled by the Corporation of
Trinity House Augt. MDCCC
Similar stones were afterwards set for Wapping and Shadwell entrances.
This established a benchmark which was supposedly extended for further purposes e.g. the sill
heights of other docks and for high water also.[17]

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