'An Account of what his Maty may loose by renewing for seven years the contract w^th Cornwall & Devonshire now voyd by her Maj^ts death'

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An Account of what his Ma^ty may los|o|se by renewing for seven years the contract w^th Cornwall & Devo Devonshire for Tynn now voyd by her Maj^ts death.

If the King should now renew the contract for seven years to come; the dead stock being at present about 400,000^li & the interest thereof at 6 p^r cent 24000^li per an: his M^ts loss will be as in the following Acc^t.

The Quantity of Tyn remaining unsold per an \will be about/ 621$\frac{3}{7}$ Tuns \per an/ av{illeg}|e|rdupois
~|And y^e| Total unsold in seven years will be about 4350 Tuns averd.

At the end of the contract if all the Tynn then in the Kings hands \{should} |(w^ch would be| \about/ |1{illeg}|9|5000 Tuns) should|/ be sold at once {a}t \the Merchant/ would scarce give abo for it above \30 or/ 35^li per Tun & at this rate\35^li p^r Tun/ the 4350 Tunns would {scarce} be worth above 152250^li: which being deducted from the total expence leaves 315338^li; the total loss\A {illeg} this loss |the| total loss/ by the \new/ contract, w^ch \by the new contract. And this/ loss is after the rate of 45000^li p^r an at a Medium.