Partial holograph draft of MINT00716 (Mint 19/3/482)

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Mr Drummond by a warrant Octob. 20 1704 had 400 Tunns of Tin consigned to him & Company at Amsterdam to be disposed of at the best rate not under 44$\frac{\mathrm{1}}{\mathrm{2}}$ Guilders per hundred merchant weight of holland for a commission of two per Cent clear of all charges. The charges at home 1242l. 18s. 10d including 1200li for customes: which is after the rate of 3s. 1d$\frac{\mathrm{1}}{\mathrm{4}}$ per cwt.

The like quantity was consigned to him 8 Iune 1705 on the same terms. The charges at home 1266. 19. 2.

The first parcel by sale produced 330411gild. 16 stivers = 31467li. 14s.

The 2d parcel produced 332389gild 18st = 31456. 3. 7$\frac{\mathrm{1}}{\mathrm{2}}$

And recconing 10$\frac{\mathrm{1}}{\mathrm{2}}$guilders to a pounds sterling the first produced 3li 18. 8d sterling per cwt averdupois. The second produced 3. 19s. 2d. clear of all charges These two parcels were sold in about two years, the first in more then a year, the second in less. The Queen lost the interest which she paid for money advanced upon this Tin which came to 1300li A proposal of Mr Drummond for a third parcel of 400 Tuns being referred to the Officers of the Mint, they drew up a report by which it appeard that the Queen would lose 2000li & my Lord Treasurer agreed to the Report & directed to the Officers of the Mint to signify to the Merchants that he would send no more Tin abroad by commission.

The 20th of Feb 1705, Mr Stratford & Mr Freed had 240 Tunns of Tin consignd to them upon the same terms as the former was to mr Drummond. The charges at home 765li. 10s. 8d. It produced clear of all charges 32264l. 19s. 2d flemish including a loss of 16 blocks of Tin valued at 367. 0. 0 flemish after the rate of 33s Flemish to a pound sterling. And by consequence 19563. 12. 0 sterling that is after the rate of 4li 1s. 6d per cwt The Queen lost 490li Flemish interest & 16 blocks valued at 367li Flemish, in all 857li Flemish = 519li. 8s – sterling which is after the rate of 2s 2d per cwt.

Mr Stratford reccons that