Every hundred Tunns purchased above what the consumption will carry off makes a dead stock \of Tynn/ annually increasing the interest of wch at 6 per cent will in the end of seven years amount unto about 10000li & the dead stock \of Tynn/ at the end of th{illeg}|a|t time will not be worth 40s per wch should have been sold for 3li {illeg}{illeg} 76li per Tunn will at the end of that time if ye contract be not renewed, be scarce worth above 30li \sell for above 50s/ per Tonn \in ready money for the whole &/, the whole loss in the dead stock & interest \together will/ amounting to about 36600li so that there will be 2600 18200 lost in stoc in|th|e dead stock besides 10000li in the interest, & in both together almost 30000li.
NB If the King should {now} {illeg} t{illeg} renew \the/ contract for seven years, the dead {illeg}|&| purchase {wo} in the interest of the dead stock being at present about 400000 \&/ the reconning would be as follows.
1840 Tunns per an' at 3li 5|9|s to money \in money/ & coynage duty st. wt |
126960 |
Freight to London |
1840. |
Salaries in London |
1350 |
Incident Charges in London as Porters &c |
200 |
Passing Accts & |
94 |
Salaries in Cornwall & Truro |
1540 |
Incidents in Cornwal |
700 |
Insurance & other unforeseen accidents |
12|0|00 |
Interest of 400000li dead stock \at 6 per cent/ |
24000 |
|
157684 |
Sold per a'{illeg}|n'| 1{illeg}4|40|0 Tun's averdupois at 3|7|6li {illeg} per Tun |
106400 |
|New| Dead stock Remaining at {yt} \added yearly/ \Expended yearly above the income/ |
4{0}|{5}1|284 |
Total dead stock add \Expended in seven years above the income/ |
344986|8|8. |
Inte\r/st {sic} of this money lost during the contract |
62097.17. |
Interest of the money advanced by the King the first two years {w} |
10000 |
|
72097. |
Quantity of Tynn remaining unsold per an' Tunns Averd |
|
Total unsold in seven years 4000 Tunns Averdupois. |
|
The value thereof at 3li. 16s. 0d per C |
304000 |
The value thereof at 4li 18s per C in ready money if the cōtract cease |
152000 |
Which being deducted from the 344988 leaves \a loss of/ |
192988 |
Add the lost interest 62097. |
62097 |
|
255085 |
Interest of the moneys advanced till ye Queens debts be paid |
10000 |
Total loss above |
27|6|5000 |
304000
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