Letter – Henry Richmond to Walter Blackett – 5 Apr 1762

Document Type: Letter
Date: 5 Apr 1762
Correspondent: Henry Richmond
Recipient: Walter Blackett
Archive Source: NRO 672 E 1E 1
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Sir Walter Blackett Baro[ne]t MP at the Cocoa tree in Pall Mall      Newcastle 5th April 1762

[Honourd] Sir    

The price given for Standard Silver by Refiners, & other large dealers, is variable like that of the stocks; but like that may be known at the Exchange or by Lloyds Lists every day. And I should think Messrs Plumb & Browne, for their own characters sake would give you the market price. But probably after they had bought the Silver at that price they would not retail it out to Silversmiths without a profit of 1 ½ or 2d an ounce which is only about 3 p[er] cent for their trouble. This may Acco[un]t in some measure; for a Silversmith’s paying a Refiner 5s.10d p[er] oz. sometime ago for Silver; and I remember Standard Silver Sold last year as high a price as 5s.8½d an oz. at the Exchange to which the refiners profit of 1½ or 2d an oz. being added, makes 5s.10d or 5.10½d p[er] ounce, for the retail price. I shall endeavour to get Lodging for Mr Leake against the 24th inst. Inclosed is a List of such of the trees, you bid me buy, as I could meet with at Calendar’s Garden & I have sent directions about them to Jos. Thompson, pursuant to your Letter. Mr Robson tells me Lady Loraine has disposed of her money, & that he has wrote you so. My Sister cannot meet with so large a set of China in the shop’s here as you want; & thinks you will get them more to your satisfaction in London than by telling our Dealers send for any on your account. I am etc HR    

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The Dukesfield Smelters and Carriers Project aimed to celebrate and discover the heritage of the Dukesfield Arches & lead carriers' routes between Blaydon and the lead mines of Allendale and Weardale. A two year community project, it was led by the Friends of the North Pennines in partnership with Hexhamshire and Slaley Parish Councils and the active support of Allendale Estates. It was funded by the Heritage Lottery Fund and the generous support of other sponsors. Friends of the North Pennines: Charity No:1137467