Republican ledger, and Portsmouth price current — Portsmouth, N.H., 1802-01-26 00:00:00, page 1

' =Bepott.
obedience to the dir^i^s of the Aft fc,fl e „f,
{tary to t\e Alt entitled '•An Alt to eJkiWfh the
*T'eajury Department, the 3tcitta>y °f '"
,Treasury, rejpedfuAyJubmits the following Re
port anQ E/rimates.—
(Concluded from our tail.)
Sales of Public Lands.
THELnIy data on which to calculate the'
hnmnl revenue, which may probably be de-,
tived for tie ensuing eight years, from those
fees are me quality of hnl at the difpo-
L of government, compared with the prob
able annual demand; and the actual sales
flvbicb have taken place since the Several
.'land offices have been opened.
The piecife quantity cannot beafceriain
ed, all the furvevs not being yet completed,
fond the w^lern boundary line of the % ir-
Kinia refection, from the head spring of
;the Little Miami, northward, being neither
Ifurveyed, nor even the principle, on which
lits courfc [mutt depend; determined by the
Iterms of cle^on, accepted, by Congress.
The eftbnate [N] may, however, be con
sidered so for corntt as to render it certain,
that the q^antitv of public lands north weft
of the Ohio, within the Indian boundary
line, and riot yet disposed 'of, amounts to
very near nine millions of acres. A gener
al map of those lands, including the Virgin
ia refervatfon, and the grants to the Ohio
company, and to John C. Symmes, which
' has been compiled from the survey ^f the
Indian boundary line, and from the diaughts
Ireturned to the Treasury Department, will
t be transmitted to Congress, and will more
I clearly explain their relative situation than
I could be done by any written dcfcrirfi>n.
The ftafement [O] shows thermal sales
which hav^ taken place in the several land
> office,, to |he 3 ,(f %of Oa.!a<L By this
it appears that 398,645 acres have been fold,
for 834,887 dollars ; ot which him 248,461
dollars bare been paid, and 586,426 remain
doe ; beir^ payable under the law mini si
te meats, bearing imereti front the date ot fates,
I and which will become due in ine )ears
11802—1805, in the proportions exhibited in
loc ilatcmcut#
'Republican Ledger,
AND I
PORTSMOUTH PRICE CURRENT.
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• ' . FOREIGN BILLS.
Bills on London : 30 days, : (For Ca,j) oto 2} pr. cent. dis.
^do. do. : : : 00 days, : : do. : oa 3 pr. ct. dis.
do. do. : : : 90 days, : : do. : 3^4 do. do.
Bills on Hamburg, payable in London, at 60 days, : : du. do. do. do.
do. on AmderJum, payable in do. 60 days, • : do. do. do.
Crrent prices of per from "o
D. C. b. c
ASHES, Pot, effort, T. 126 66 0 0
, Pearl --146 66 150 0
Allurn, C.. 8 0 9 °
Anchors, ffi. 0 12 0 °,
Bread, Ship C. 450 650
Butter lb 0 15 ° L 7
Beef, common B. 9 0 0 0
" ' mess 11 6 11 0
Bean, white bn. 1 25 1 2 5
Brandy, Spaaiffi 4^/r. G. 1 50 1 55
, Naples 41/? f>r. -- 140 1 45
Barley bu. 1 0 1 10
BrimUone, C. 3 0 4 0
Brimstone, Roll C. 450 1 5 0
Corn, Indian — 067 °75
Rye -1 0 0 0
Caffiia lb ° 0 080
Cloves -- 2 0 2 16,
Coff • -- 0 19 0 ^
Wee "meric, -- 0 6 016
Cotton i^fcarce •- °45 °s°
,1 rican — 030 °3 2
Cordage, American C. 14 50 I 5 5 0
, Foreign, 12 0 13 0
Chocolate, common ]b 0,20 020
, bell ».2&i -- 029 932
Candles, mould -- 020 02 0
, di[t -- o<7 0 17
, foreign Ch. 14 ° 7 4 °
Coals , American none, -- 0 0 0 °
Copperas, C. 350 4 °
Cloth, Tchv yd. 0 [ 5 0 17
Dock, Ru/iia,!/?f ^ Bt. 16 0 18 01
, Rajvens -- J °'s° 11
PORTSMOUTH, (nejv-h ampshire) printed by nutting & whitelock, court-street, opposite the brick, market.
4 - .. .--..... . _ -
CT^en 2ou §aH tTjefe becus relate (peak of tbent as t^ep are : Dotting ettenu^te, nor set bobn outft in malice.
NUMBER 23. VOL. Ilf.]
r Coutfe of ^rcbange, fit Cotton,
©bolerale Prices Current, at jportfmoutb, laetodbampibire.
CAREFULLY REVISED AND CORRECTED, ON SATURDAYS.
—^^h^^g^^^^^^,- >w ^>
The quantity of land fold either at the
public fates of the three land offices, of Ma
rietta, Chilicothe, and Cincinnati, or at pri
vate fa, le at Steubenville, when the land of
fice was firff opened, cannot afford any just
data, on which to predicate an estimate of
the probable annual sales, as these may be
foppofed to have been greater when the
lands where firfl offered for sale than at fub
fequeht periols.
Rejecting therefore the result of the whole
of the public sales, and that of the firft two
months private sales at Stubenville ; it ap
pears that th,ere have been fold at private
sale 122,673 acres at Steubenville during a
period of 14 months, ending the gift day of
October lalt ; 64,205 acres at C rilichothe
during a period of five months, ending on
the fame day ; 42,6)6 acres at Cincinnati
during a period ot fix months, ending on the
fameday ; and 1,544 acres at Marietta cur
ing a period of sixteen months, ending on
the fame day ; which gives in the whole a re
sult of 34,000 acres annual sales in all the land
offices. 'The reservations in the grants to
the Ohio company, and to J. C. Symmes,
and in the townihips formerly fold at New-
York ; the furpliis'of the trad appropriat
ed for military bounties, after the fame shall
have been fatisfied; and a trad of near one
million of acres, lying north of Symmes' pa
itent, and contained between the Great Mi
ami and the Virginia reservation ; are not
embraced in this general rcfult. The ref
; ervations and the military trails are not yet
disposable by any exiting law ; and the trad
: lying between 'the Great Miami and the
i Virginia lands, has been only partiallv of
fered for sale, under the a& of Congress giv
ing a right of pre-emption to certain pur
-Ichafers under J. C. Symmes,—The result of
; the operation of this ad has not yet been as
, certained ; it is, however, known that un
der it a number of tra&s have been fold, and
i some payments already made. Tire re
mainder of the tract wil 1 , afterwards, ac
cording to*law ; be surveyed and offered for
, sale on the fame terms as other lands.
1 Taking into confederation the probable
sales in those several trails, the total amount
- Current prices of ,ek fr° m to
D. C. D. C.
Flaxseed, rough bu. 1 0 1 1c
Filh, Merchant, C. 4 0 425
,W. India mark. -- 3 2 5 375
Scale 2 50 2 75
Salmon none B. 10 0 0 0
Mackerel — 750 8 0
Flour, super. frefh -- 8 0 0 0
, fine -- 750 0 0
, middlings 7 0 0 0
, country C. 4 0 4 0
Fuflick T. 45 0 0 0
. , Bristol cr. toby 8, bx. 15 0 15 50
^\ .9 b Y 7> — ! 4, 0 14 5°
Bby6, -- If 0 If 50
) Hamburg toby 8, -- 13 0 0 c
' 7by 9, Y 3 0 0 c
Gun Powder ftj 050 055
Geneva, Holland 1/7 pr G. 1 25 1 3a
, Americanzioee -- 090 0 0
Hoops, hhd. 12 ft. M. 24 0 26 0
Hogs Lard ft ) 015 0 17
Iron, Philadelphia T. 135 0 r 39 °
§ Russia -- 120 0 120 0
, Swedes none -- 135 ° '35 °
Logwood T. 40 0 45 °
Lead, white, gr. in oil C. 0 0 16 0
dry -- 14 50 15 <>
, red -- 85' ° °
, fhcjr ' -- 10 50 0 0
Lemons frefb bx. 9 ° 0 0
Lumber, boards clear M. 17 0 18 0
, , merch. -- 12 '0 14 0
I fningles 15° 2 s°|
TUESDAY, JANUARY 26, 1802. 1
e INLAND BILLS.
Bills on Baltimore, 30 days fight, (For Cash) I per cent dis.
do. Philadelphia, : : do. : do. do. do.
do. New-York, - : : do. : do. do. do.
do. Philadelphia, or I £ ,
New-York, r 6 ° d " s ' : d ° 2 d °°
N. B. Bills at f/iorier fight, proportionable higher. *=
Current prices of ' per from to
D. C. D. C.
Lime, half hhd. 1 75 2 0
Leather, Soal, dried, lb 0 18 0 0
Molallcs G. 045 050
Nutmegs ffi 6 0 6 50
Nail Rods farce T. 8 0 o c
relent M ' °3 6 0 c
to I 6dJ ' - 070 072
^ J 6d, wrought -. 117 0 0
< ] lod, do. infolded -- 175 183
Z: I 2nd, do. do. — 240 250
(Sheathing, cut C. 12 50 0 0
^( Liver B. 14 0 15 0
3 [Linfeed G. 110 115
Pepper lb 033 034
Pork, best pieces B. 17 0 19 0
, common -- 13 0 15 0
Peas bu. 1 25 1 5c
Pimento ffi 020 22 c
Pitch, B. 6 0 0 0
I'aper, Sheathing C. 375 4 0
Redwood T. 55 0 60 O
Raisins /refo calk 7 50 0 <,
Rum, Jamaica G. 1 4 1 17
, Windward 3d pr.-- 090 095
Rice frarce C. 550 6 0
Kofin farce B. 450 6 0
Soap, white ffi 014 016
, brown -- 010 012
Starch, Poland ft) 02 5 0 3°
, American 0 12^ 017
Sugar, Havannah C. 18 0 19 0
, East-India -.14 0 0 0
1, Wcft-India 9 0 12 0^
^anra^s^izi=TC^= 7 =" l =*= tl * iroi ===' rc = : ™" CTre ""''"^ ^
of annual sales might fairly be estimated at
400,000 acres, if the periods during which
the land offices have been opened had been
fufficiently long to form a fafe basis for cal
culation. To ettimate them at 250,000 a
cres a year, for the ensuing eight years, is
equally juflifiable by the a&ual sales, by the
known usual demand, and by the quality
and superior fafety of title of the public
lands.
The nominal price of those lands is two
dollars per acre ; but on account of the pro
visions which relate to interefl and difeount,
they may be obtained, within a final! frac
tion, at the rate of one dollar and eighty-four
cents, if the whole purchase money is paid
at the time of sale, and may bring in the
Treasury two dollars and twenty-seven cents
per acre, if the purchaser shall avail himfelf
of the terms of credit given by law.
If the proceeds of the whole sales shall be
estimated only at the rate or one dollar and
84 cents per acre, it will allow 24 per cent,
tor losses, on account of non-payments on
the three last inftalments ; and after the year
1805, gi ve > on an annual sale of 250,000, a
cres, an anneal income of 400,000 dollars ;
but, as on acconntof the credit given by law,
the whole of this sum will not, till after the
year 1805, be annually receivable in pay
ment ot lands fold after the iff January next ;
whilst on the other hand the linos due for
lands, fold before the end of this year, will
become payable during the four next ensu
ing years it will be found that, making the
deduction of 24 per cent, for losses on the
firms already due, the whole sum receivable
for lands already fold or to be fold, dur
ing the eight years 1802 —1809 will, tor
those eight years, on an average, amount an
nually to 400,000 dols.
Some legislative provisions seem necessary
to afeertain the wettern boundary of the
Virginia lands, to define in whit manner
the seven firft rangesuf townships shall be
subdivided into tedious, without interfering
with the claims of former purchasers ; and
perhaps in relation to thelands claimed
by purchasers under J. C Svmmes. -
But the mod important < bjedm order
n „
[I DOL. 50 CTS. PER ANNUM
to Retire and improve this valuable brarh
or revenue, is to provide against the pro
gress of intrusions on the public lands ;
and especially to devise some efficient and
prompt mode of giving quiet possession to
every person purchasing under the law.
Poflage, Dividends on Bank Sharer, Licidental.
The annual proceeds ot the duties on
pofiage may not be estimated at less than
59,000 dollars. The dividends on bank
(hares, at the rate of 8 per cent, dividend,
amount to 70.040 dollars ; but as the shares
themselves may eventually be wanted, as a
resource to meet certain contingent demands
against the United States, those dividends,
although constituting a part of the revenue,
unless it shall be found necessary to fell the
flock, and the incidental or temporary rev
enues shall be omitted in this estimate of tte
permanent revenue.
These, therefore, are estimated in the
whole, at 10,600,000 dollars, viz.
Duties on merchandise and tonnage, 9,500 000
Internal duties, damps excepted, 650,000
Proceeds of the sales of public lands, 400,000
Duties on pottage, 50.000
The other temporary resources of the United
States, are :
ift. The proceeds of damp duties forthe 14
months from the ift January, 1802, to the
4th March, 1803, which, under the exiting
law limit their continuance, 26o,ooodollars.
2d. The balance due on the direct tax
—the amount paid in the treasury to the
firft instant, so far the fame can be afeertain
ed, was 1.245,000 dollars, leaving an out
| standing sum, of 755,000 dollars ; but as
;this last sum is chargeable with all the cx
- Ipences of collection, estimated at the rate of
I7 per cent, at 140,000 dollars, the real bal
;ance is only about 615,000 dollars ; and as
delays and perhaps an eventual loss may be
expected on the last part of the collection,
it would not be fafe to eflimate the amount,
which will probably be paid in the treasury,
at more than 459,000 dollars.
3d. The proceeds of sales of public ves
sels —Fifteen vefftk have been fold under
the aCf of last session of Congress, for
275,767 dollars, and 74 cents; of which
sum, 86,412 dollars and 83 cents had been
Current prices of per from to
D. C. D. C.
Sugar, Loaf |b 0 27 028
Salt, St. Übes scarce H. 650 7 0
, Turk's Inland -7 0 7 0
, Liverpool — 450 5 0
, Rock -- 750 0 0
Steel, German ft ) 0 15 0 17
, English -- 016 018
Salt Petre, rough -- 020 0 0
Shot C. Io 0 10 0
(W.O.hhd. M. 24 0 26 0
^ I do. do. heading -- 26 0 28 0
>J W. O. bbl. -- 10 0 12 0
R. O. hhd. -- 10 0 11 0
1 do. Shooks '0 66 0 75
[W. O. do. 1 20 1 30
Tin in sheets bx. 18 o 2o 0
Far B. 3 0 3 50
Furpettine — 4 ° 45°
Tea, Hyfon 1b I 12 1 '7
, Souchong -- 085 090
, Bohea — 040 042
Tobacco, Jamesßiver C. 7 0 0 0
, Georgia -- 6 0 0 0
Twine, sewing doz, 567 6 0
, seine — 50 55°
n f Madeira G. 217 2 83
^I Lisbon — 120 130
Z < Sherry, scarce — 146 1 5°
> 1 Malaga q.c. 32 0 33°
^ [Red Portfarce — 167 Retail
° [Redwood T. 60 0 0 0
O ^ Logwood --50 0 0 0
^ [Fuftic -- 40 0 45 0