Letter – Nicholas Walton to Peter Mulcaster – 2 Nov 1782

Messrs. Mulcaster						Farnacres 2d. Novemr. 1782



      I duly reced. yours of the 30th Ulto. with the Coal and Cinder Accounts and the Operation for August fresh copied and am sorry you took the trouble of making a Copy as I had some time ago corrected the Original which you sent.   Whenever it is convenient  you may send the Operation for last Month.    The Assays I doubt not have been right Weighed and that you will act according to their produce p[er] Fodder in Refining or the contrary.

      

	Refined Lead now current at £17.10 p[er] 21 Cwt.

	Fine Silver 6s 4 ½ p[er] Ounce

	

      From the above alterations in price I think it necessary to make the following calculations to shew you how I apply the Tables



			For Slag Lead

When Slag Lead sells at £16.10 Silver at 6s <3> d 

                              profit p[er] Fodder       £-  1 1 1/2

      Do                 16.15 & Silver at Do           £-  1 5 1/2

                                Difference in Profit    £-  - 4	

                  For 5s p[er]Fodder <price> of Lead

So when Slag Lead sells at £17.5 & Silver at 6s <3>d 

                                  the profit will be    £-  - 5 1/2 

But as Silver now sells at 6s 4 1/2 add 1 1/2d p[er]Ounce 

   for 5 Ounces	                                            - 7 1/2

And as Shawfoot Slag Lead produces 6oz 4 pwt 22 gr pFddr

   Add the Value of 1 Ounce 4 pwt & 22 Grs of Silver 

   at 6s/4 1/2 p[er] Oz                                     7 11 1/4 Profit p[er] Fodder by refining Shawfoot Slag Lead       £- 9    1/4



		For Refineable Lead

When Ore Lead sells as common at £16.10 & Silver 

    at 6s:3d the profit p[er] Fodder will be             £- -  4 1/4

Do at £16:15 and Silver at 6s:3d the loss will be 

    p[er] Fodder                                                 3/4

Difference in profit for 5s p[er] Foddr. Price of Lead   £-  - 5



So when Common Lead sells at £17:5 & Silver at 6s:3d 

    the Loss will be                                    £-  - 10 3/4

But as Silver now sells at 6s 4 1/2 the value for 5oz

    at 1 1/2d additional price will be           7 1/2d

And as the Lead from Carrs West of Nent produces

  6:2:12 on a Medium p[er] Fodder add the value

  Of 1:2:12 at 6s: 4 1/2 p[er] Ounce           7s2d      £- 7  9 1/2

    Profit pFodder by Refining Carrs Ore Lead	        £- 6 10 3/4



      I realy cannot help pitying both Ore carriage Men and Horses in this dreadfull bad Season and as we are all covered wth. Snow this day I doubt the carriage must stop but after all I wish it to be continued as long as possible & hope it may at least be continued for Blagill and Lough Vein where I am glad to hear they are richer than ever.

	After what has been done as to the School Master it most undoubtedly will be right to engage with Thomas Turnbull & I wd. not have you to say that there is a probability of his getting any thing from Haydon Bridge School Trustees & then if any thing shd. be got it will have a better effect; but I don’t expect any thing.

	You are desired to do the best you can about the Stone Walls and as I have forgot why <Jno> Stokoe was disagreable to me I shall be obliged by your refreshing my memory.

	The bearer Nichs Lumley comes to <..> to cure the Chimneys of Smoking and if he could <do> your Parlour in which we at present dine &c. I desire he may.  Such Bricks as are wanted for contracting the Chimneys on the inside had best be got of Mr Thornton if Carriages can get <thro> the Tyne otherwise they may be got of Mr. Tweddell – The Bricks which are not much burnt will be as good as any.

	I wish you to try the Keswick Slag as soon as your convenience will admit of I desire to know what sort of Crucibles you will want and the Sizes & number, and I will order them.

	It is now (1/2 past three Afternoon) Raining very hard but the Snow <does> <not> melt <but> I suppose it is quite dry with you.   I am

      Your Humble Servt

      Nich Walton Junr