'The state of a new contract for Tin'
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The state of a new contract for Tin
upon supposition that no more is imported then the consumption will annually carry off.
Paid annually for 1600 Tunns of Tin at 3li 10s per cwt standard weight | 112000 | ||
Freight to London | 2143 | ||
Insurance | 1500 | ||
Salaries including 30li to Truro | 2890 | ||
All incidents in Cornwall & London | 1000 | ||
Total expence | 119533 | ||
Interest of 119533li advanced during the sale of about 2150 Tunns of Tinn standard weight, that is for a years & four months at 5 per cent | } | 7969 | |
Total charge | 127502 | ||
Discharge by the annual sale of 166 Tunns at 81li per standard weight. | 130286 | ||
The ballence remaining to her Majesty | 2784 | ||
At 6 per cent (which is the interest of the moneys lent to Cornwall) the ballance will be to her Majesty | 1190 |
In this recconing nothing is allowed for unforeseen accidents.
The Tinn imported from Devonshire is about 40 or 45 Tunns per annum
The total exportation about 1550 or 1560 Tunns per annum standard weight
Left in her Majesties hands per annum about 80 or 90 Tunns standard weight.
Source
MINT 19/3/530, National Archives, Kew, Richmond, Surrey, UKBefore June 1710?, c. 221 words.