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A Calculation of the Yearly Value of the Lead Ore got within the Inclosures and Parks including the Common Pastures, in Weredale, upon an Average of fourteen Years 1746 & 17<59> inclusive, being the Time <...........> the Lease thereof, over and above the <Benefit> to the Lessee from his Composition for the Rector of Stanhope’s Tenth, which his possession of the Lease of the said Ore has procured him.
Ore got, according to the Extracts sent by Mr Richmond, with which he has proposed to compare the Books & Pay Bills.
Bings [Horse]
In Great Slitt Vein 9819 1 1/2
Prydale 1317 0 1/2
The Billing 74 2 1/2
11212 0 1/2
The Rector’s 1/10 after the
Bishop’s 1/9 is deducted 996 2 1/2
10215 2 @ 50s p Bing is [£]25538 11 3
[First calculation as described in Notes]
Cost according to the same Extracts
Pay Bills Great Slitt 13375 17 7 1/2
Prydale 2080 8 9 1/4
Billing 90 12 4 1/2
15546 18 9 1/4
Wood & contingencies if not 560 12 1 1/2
Included in the above charge
<@> 1s pr bing
Proportion of the composition 295 6
paid to the Bishop
16402 11 4 3/4
Total Value of the 14 Years 9136 3 7 1/4
The Value of One Year 652 11 8
[Second calculation as described in Notes]
Cost according to the same Extracts
Great Slitt in the Pay Bills 13375 17 7 1/2
Wood & contingencies 2661 15 1
16037 12 8 1/2
Prydale 2080 8 9 1/4
Billing 90 12 4 1/2
18208 13 10 1/4
Proportion of the composition 325 9 6
paid to the Bishop
18534 3 4 1/4
Total Value of the 14 Years 7002 7 10 1/4
The Value of One Year 500 3 5
Bings
a The whole Quantity of the Ore got 11211 0 1/2
The Bishop’s 1/9 thereof 1245 2 1/2
Remainder 9965 2
The Rector’s 1/10 whereof 996 2
b
Supposing the whole Quantity of Ore got 63000
under the Moor Master’s Lease for the sd.
Last 14 Yrs. to be only 4500 Bings pp Ann:
tho The real Quantity it is believed has
been Considerably greater than That
£ s d
The Bps 1/9 Lott Ore wd be 7000 @ 50s 17500 0 0
The Bps Rent of 20s for Duty Bing, or 1/9 part, 1245 12 6
within the Inclosures & Parks as above, being
The Produce of the Bps Lott for the 14 Yrs. wd. be 18745 12 6
Then Say
If 18745.12.6, the Produce of the Bps Lott for 14 Yrs. , Requires £4900, the Composition pd. For the same @ £350 a Yr. What will 1245.12.6, the produce of the Bps Rent of 20s Duty Bing within the Inclosures & Park, require.
<Answer ....... …..> will be £325 ,, 9 ,, 6.
[Another variation of the same calculation given on a separate sheet:]
Bings
a The whole Quantity of the Ore got 11211 0 1/2
The Bishop’s 1/9 thereof 1245 2 1/2
Remainder 9965 2
The Rector’s 1/10 whereof 996 2
b
Supposing the whole Quantity of Ore got 70000
under the Moor Master’s Lease for the sd.
Last 14 Yrs. to be only 5000 Bings pp Ann:
tho The real Quantity it is believed has
been Considerably greater than That
£ s d
The Bps 1/9 Lott Ore wd be 777 @ 50s 19444 7 6
The Bps Rent of 20s for Duty Bing, or 1/9 part, 1245 15 0
within the Inclosures & Parks as above, being
The Produce of the Bps Lott for the 14 Yrs. wd. be 20690 2 6
Then Say
If 20690.2.6, the Produce of the Bps Lott for 14 Yrs. , Requires £4900, the Composition pd. For the same @ £350 a Yr. What will 1245.15.0, the produce of the Bps Rent of 20s Duty Bing within the Inclosures & Park, require.
And the Answer will be £295.0.6
Undated memorandum but the content appears to tie the calculations in to information supplied by Joseph Richmond to the Bishop’s agent, Nicholas Halhead at Auckland Castle in early September 1760, leading to further correspondence between them. A date of 1st October is used here. There are two slightly different versions of the same memo, which differ insofar as the ‘wood and contingencies’ calculation is higher in one than the other. Richmond confirmed the second in his letter to Halhead on 2nd September 1760. The revised portion is included as a separate section within the transcript.
