Letter – Joseph Richmond to Lancelot Allgood – 19 Dec 1730

To Lancelot Allgood Esq			Newcastle 19th Decem 1730

Sr, 

      In answer to yours of the 14th wee have now at Markett about 3000 ps lead the better half of wch is reduced three hundred is slag & the rest common W.B. wch taking it together is a parcel of the best Lead to be met with in England £15 the London Fothr is an encourageing price to send lead to that market & will very well answr the freight Charges & Risque Lead being now currently sold here at £14 our Fothr: that I have not sold under £14.10.0. depending upon the Spring trade, wch as here is no Lead but our own at this Markett will I fear not take off our quantities at that if not at a higher price. You have on the other side a Computation how it will Answr sending to London at £15 wch I believe won’t be farr from the truth & wch is referred to your Coinsideration. If Mr Blackett <intends> to have Kenton how must the Money be raisd you had in mine of the 8 inst an accot of the present Stocks & Debts but if that money is all drawn away I fear you will experience the ill Consequence of it with Respect to the mines, wch are so assentiall a part of the Estate. I have had Numbers of the Weardale people abt me & since the beginning of last month have been obliged to let <N> Peart have £1200 to make them easy, without wch I am assured not half of them would have taken a new bargain now at Xmass there is still owing to those groves abt £4500 to Michas last. Wie have got 2000 ps of lead this year down, wch farr exceeds what has been done for many years past & fear not but the next year will be as good if wee can but make pays to Encourage them. The Ball. of Mr Mowbrays acct is to be paid at Lady Day & in my hmble Opinion it will be a <reflection> to pay Interest to so many Persons for their forbearance after that time, I hope you will pain my mentioning these things, wch proceeds only from a Zealous Desire to avoid, if possible any future Reflection, I am,	JR



Suppose 1,000 ps lead qt 1350 cwt.0 q.00lb 

               at £15 pr Fothr of 19 ½ cwt   £1038.10.0

1,000 ps lead qt 1350 cwt.0 q.00lb 

               at £14 ½ pr Fothr of 21 cwt   £ 930. 2.0

Keel dues & Charges shipping                 £   5. 0.0

      	Fraight                            £  25. 0.0

      	Litherage Wharfage & Porterage     £  10. 0.0

          [Total]		                    £ 970. 2.0

      

Remains to answer insurance hazard           £  68. 8.0

But queere if the duty is not to be paid 

                         out of this sum     £  62.10