Holograph draft notes relating to the tin trade, probably preparatory to MINT00696 (Mint 19/3/538) or a closely related document, with lists of expenses and several series of calculations, some relating to the tin trade and others to astronomical movements

Normalised TextCatalogue Entry

<539r>
1600 Tunns cost at 3li {illeg}14sdC cost 118{illeg}400.
Post groats one par wth another about 300
Scobels acct for salaries & incidensts in Cornw{illeg}all 2290
Anstis's acct for salaries & incidents in London 1{illeg}944
2142. 16. 3
{illeg}4086 16 3
21224776. 16. 3
If there be allowed for Losses by enemy sea & accidents & encouragements forfor promoting the exportations & consumption is Suppose about 5{illeg}508. 18. 0
The taotal will be 12977630285. 1{illeg}4. 3
1600 Tuns stannary wt reduced to averd{illeg}epois wt, makes 1714Tuns 45C 2{illeg}qts. 24{illeg} & sold at 76s pr C comes to 130285. 14. 3
Gained 508. 18.
The interest of 80000li constantly advanced come{illeg}s{illeg}{illeg}to 3s per C to be deducted from ye price, & so in proportion for a greate ye interest of a greater or lesser summ constantly {illeg}advanced.
1600 Tunns of Tin {illeg}at 3li 14s per C stannary wt (including coynage Duty) comes to 118400
Freight to London at {illeg}25s per Tunn stanna avoir de pois is 2142. 16. 23
Salaries (including 30li pr an to Truro) 2890.
If there be allowed for losses by {illeg} enemy sea & accidents & for promoting the exportation & consumption about } 5502. 18. 0
The total expence will be annually 13028{illeg}5 14. 3
And 1600 Tunns stannary wt reduced to averdupois wt makes 1714 Tuns 5C, 2grs, 24 &wch sold at 3li 16s pr comes tobrings in annually } 130285. 14. 3

The interest of {illeg}800000li constantly advanced comes to 3s p stannary weight to be deducted from ye price of {illeg}3li 14s per C. And so in proportion for t{illeg}he interest of a greater or lesse{illeg}r summ advanced. And therefore is ever since ye first year & half of the present {illeg}interest the Queen {illeg}has been advanced more or less about 200000li {illeg} the interest comes to 7s 6d to be deducted from ye pr C to be deducted from ye present price &of {illeg} 3li 14s pr C, & so leaves 3li 6s 6s {sic} as an equitable price pr C including sthe Coynage Duty: And this without considering the further loss wch the QueenCrown will sustain at the {illeg} of ye contract by the fall of the price of the Tin.

<539v>
Sixteen hundred Tunns of Tin at 3li 14s per C stannary w{illeg}ch including ycoynage duty amounts to } 118400. 00. 00
Freight of 1600 Tunns thereof avoir de pois sent to London at 25s per Tunn } 2000. 00. 00
Salaries (including {illeg}30li pr an paid to Truro) 200890. 00. 00
Incidents, Po{illeg}st groats, & Letters, about 1350. 00. 00
If there be allowed for losses by enemy sea & accidents & for promoting the exportation about } 5645. 14. 03
      The total expence will be annually 23725. 14. 03130285. 14. 03

So that ye account is about eaven wthout recconing interest for money advanced.

The interest of every 20000li advanced is at 6 pr cent amounts to 9d per C stannary weight. And therefore if after ye first years & half of the present contract there has been about 200000li (more or lesse) advanced, the interest amounts to 7s 6d per C stannary wt. to dbe deducted out of the price of 3li. 14s per C. {illeg}Which abatement being madeAnd by this deduction the price remainging becomes 3li. 6s. 6d per C stannary weight., including coynage duty.

And in this reccoing, the loss wch the crown may sustein in the end of the contract by the fall of ye price of Tin is not yet {illeg}considered.

1600 Tunns cost 118400
Freight to London 2000
Salaries 2890
Incidents
Post groats, Incidents & {illeg}Letters about 1350
Losses by enemy sea & accidents of& abatements for encouragemt of exportation 5000
Interest of 200000 more or less advanced 12000

Total

141640

Which is 4li. 8s. 6d14 per C stannary wt, whereas 3li 16 per C avoir de pois is but 4. 1. 518 per C stannary. so that ye QueenSo her Maty loses 7s. 1d18 per C stannary besides the loss of by the fall of the price in the end of the contract: wch if the contract should now cease

1661Tuns. 16C. 36Lwt in 1706 cost 122974.
Scobels acct for sal & Incidents at Cornwall 2828
Ansteis's for sal & Incidents at London 5730
Interest of 200000' 12000
Losses by enemy sea &{illeg} accidents &c 5000

Total

148532

Wch is {illeg}4sli. 9s. 4d12 per C stannary wt, whereas 3li {illeg}16s per C, avoirdepois is but 4. 1. 518 per C stannary,. So her Majty loses 7s. 11d38 pr C stan.